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Advanced functionality coming soon.

Us flagged vessel, health insurance costs per crew, uniform cost per crew, training cost per crew, food cost per crew, crew turnover, hires using a professional crew agency.

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Costs of food provisions will vary dependent upon how eloborate food Preferenaces are

Location will play huge factor in food provisons and thing may have to be folws into remorte locations.

Crew is one of the largest expenses on a superyacht and critical to the owner’s enjoyment of their vessel. As the largest crew agency in the world, we know crew. Our cost calculator contains customized crew lists for yachts ranging from 80ft to 600ft with salary information based on our reference verified salary data.

Our users also have the ability to completely tailor the crew list to the specific needs, schedule and requirements of their vessel. Each yacht is unique and may have specific owner requests in addition to the yacht’s safe manning requirements.

Management of the supplemental crew costs and strategic budgeting can help avoid significant overspend on categories such as food and uniform. This tool contains default values based on our industry expertise and recommended budget for an efficiently and safely run superyacht.

To learn more about each crew position in detail, including salary ranges, please visit our yacht department directory .

Drag the sliders to modify your results. These are not linear scales and we expect most yachts to operate within the 20-80% window. Above 80% and below 20% costs increase or decrease at exaggerated levels and we only see numbers in these levels in very rare circumstances.

This sunburst diagram is interactive. You can click into each block to see the expense break down and mouse over each block for more details.

Our chart of accounts displays seven major categories, 20 sub-categories plus a further 80 detail categories for a total of 107.

Our yacht operating cost calculator is now on it’s third major revision. We start with actual yacht expense data from our yacht management accountants and then generate formulas to extrapolate out the budget for a wide range of yachts. We have been providing accounting services to large yachts for the past 18 years.

Our operating cost calculator is tuned for yachts from 80 to 600 feet. We find operating variables create the largest variances for yachts smaller than 100 feet and larger than 250 feet. We have tested the numbers the most in the range from 100 to 250 feet.

Our budget calculator factors in the fuel burn for a range of engine sizes typically seen installed on yachts by length. By dragging the green “fuel dockage” slider to the right you will increase the projected fuel burn rate and therefore the budget cost for fuel. Our default position would be for a typical displacement fuel burn. Position the slider in the 60-80% range for fuel projections for planning hulls.

Our default values produce a budget number that we believe is generous to run a yacht to a high standard. Perfect is a very expensive word to use in the yachting industry where standards are already high. Moving the crew and maintenance sliders to 80% will provide an “industry best” quality of crew and give them the maintenance budget to operate to a very high standard. If you need to go over the 80% area then you may have unusually labor intensive equipment on the yacht.

Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel movement but leave the essential base maintenance and insurance in place.

Lift on and float in yacht transport is a popular way to transport yachts across large ocean passage. The yachts that this service certainly applies to are ones that may not have the motoring range or structural integrity for blue ocean cruising. The cost of transporting a yacht twice per year is put into our budget once the “Fuel Dockage” slider hits 75%. If your yacht has the range we recommend self-sufficient ocean passages whenever possible. Whilst the transport companies sell their services based upon reportedly well oiled operated schedules the reality is that your yacht may stay waiting for pickup for a week or more with no compensation due. When factoring in all secondary factors of self-sufficient passages (increased fuel, maintenance, potential storm damage, crew time off, extra delivery crew) compared with transporting your yacht (insurance, potential loading / unloading damage, loss of schedule control, no work whilst underway, crew flights, crew accommodation) we believe that there is a 100% premium associated with float in transport and a 75% premium with lift on transport compared with self-powered.

Abandoned yachts crash in value. We recommend that even if you are trying to sell your yacht that you use the yacht for a minimum of two weeks per year so that systems are tested and working every six months. There is nothing worse for a yacht than not being used. If you truly are not going to use the yacht then you should sell it immediately for the first genuine offer as every dollar you put into maintenance will not be recovered at the time of the sale.

We did not build this version with sailing yachts in mind. Early in our development of this version we decided to exclude sailing yachts as a few of the major cost drivers scale very differently for sailing yachts compared with motor yachts. For example: To calculate paint costs we reviewed the surface area of over 100 large yachts and created a formula for painted surface area to length. Sailing yachts just don’t scale in a consistent way. Similarly crew numbers don’t scale in the same manner that they do for motor yachts. If there is sufficient demand we may build a sailing selector switch into a future version of this tool.

We hate to hear when yacht owners were told by their broker to factor in 10% of the purchase price to operate the yacht. This over used saying is sadly right occasionally (particularly for newer yachts in the $20-30M range)… but just because a broken watch tells the right time twice a day you shouldn’t rely upon it to tell the time. As yachts get older their capital value decreases but their maintenance costs increase. There is no way that a fixed 10% of purchase cost rule can be true… if your broker told you this rule then you need a new yacht broker… we know some good ones. 😊

Advanced functionality coming soon…

We are building advanced tools to allow you even greater control over our operating cost calculator. Please enter your email address below to be advised when it is available.

The Real Costs of Owning a Superyacht [Complete Guide]

The Real Costs of Owning a Superyacht [Complete Guide]

November 25, 2019 1:00 pm

Owning a  superyacht  is a status symbol available only to the world’s wealthiest individuals and corporations. Although there is no strict definition, the Red Ensign Group Yacht Code is applicable to “motor or sailing vessels of 24 meters in load line length and over…and which, at the time, is in commercial use for sport or pleasure and carries no cargo and no more than 12 passengers 1 .” There are currently just over 10,000 superyachts in the world with around 200-250 new builds delivered each year. The vast majority are  motor yachts , with sailing yachts counting for less than 20% of the total. The world’s largest private vessel, Khalifa bin Zayed Al Nahyan’s 180m (590-foot) AZZAM,  cost $600 million to build when it was delivered in 2013. Eight of the ten most expensive luxury acquisitions of all time were superyachts.

how much does a super yacht cost to run

Purchase Cost

Buying a new or used superyacht will most likely cost the buyer several million dollars. Pricing varies widely based on the yacht size, age, and other factors such as builder, guest capacity, speed, range, and more. The market is worldwide and extensive. Any potential buyer would be well-advised to engage a professional, certified broker to guide them in the selection of their dream yacht and through the myriad of complications in making the purchase.

  • • Financing the Purchase
  • • Immediate Post Purchase Costs

how much does a super yacht cost to run

Operating Costs

In years past, owners and their brokers would work on 10% of the purchase price as an estimate of annual operating costs, but the vast range of yacht size, operating location, and usage profile makes this approach less useful without giving the question more thought. Building a budget for a yacht requires consideration of the following elements:

Crew – Salary, payroll taxes, recruitment fees, uniform, health insurance, food, and travel for vacation and repatriation are all crew-related costs. A good guide for salary costs is published by Dockwalk magazine every year based on an extensive survey of the crew and placement agents. Using their most recent article as a guide, a crew of eight full-time crew on a 150-foot yacht will cost over $650,000 per year in salary alone. Get a complete crew cost breakdown.

Dockage – Unless the owner plans to spend the year at anchor, then keeping the yacht in a marina incurs a significant cost. Dockage is normally sold per foot of the yacht’s full length and per night, although contract rates for longer periods may be available. High-quality marinas in peak seasons are currently running in the $6-8 per foot per night range. Electricity, fresh water, and waste removal are all additional costs to be considered.

Fuel – The captain or engineer should be able to provide the fuel consumption per hour at any given speed, so if a yacht owner knows roughly how much he wants the boat to travel, then he can estimate the total fuel consumption and budget the fuel cost. There is also the fuel cost for generators, particularly at anchor. A typical 150-foot motor yacht cruising at 12 knots will consume in the region of 150 U.S. gallons per hour. At today’s fuel prices, that’s going to be close to $500 per hour. 500 hours per year will give us the main engine fuel budget of around $250,000. To this, we must also add the generators’ fuel consumption at anchor plus any additional cost for tenders.

Communications – Everyone onboard, crew and guests, want to remain connected to their social media, streaming services, and email. The technology available in this area moves fast and with 5G coming online, near-shore costs will likely come down. For those who want broadband speed while offshore, costs are high and depend on the upload/download speeds required. Start with an estimate of $4-5,000 per month and work from there. Additional communications costs include satellite TV subscriptions, crew cell phone costs, mail, freight, and more. Get a complete communication cost breakdown.

Maintenance, Consumables, and Other Operating Costs – Having considered crew payroll, marina costs, fuel, and internet, the budget will start to materialize. One must take all other costs into account, such as hull insurance, liability insurance, maintenance and consumables, warehousing, safety and survey costs, upkeep of the navigation outfit, computing support, car rental, and more.   

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Receive the complete Cost of Yacht Ownership Guide including:

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how much does a super yacht cost to run

This should not be considered a financial guide. For a more accurate estimate, contact Clive McCartney .

1 Red Ensign Group Yacht Code Section A 1.2(1) 

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How Much Does it Cost to Run a Superyacht? (The True Cost)

how much does a super yacht cost to run

Are you curious about the true cost of running a superyacht? Owning one of these luxurious vessels is a dream of many, but the reality of the costs involved may surprise you! In this article, we’ll examine the true cost of running a superyacht, from the initial purchase price to ongoing expenses like fuel, maintenance, and crew salaries.

We’ll also discuss additional costs like insurance and dockage fees, as well as upgrades and other factors that can impact the total cost of running a superyacht.

Whether you’re considering buying a superyacht or just want to learn more about this luxurious lifestyle, this article has all the information you need.

Table of Contents

Short Answer

The cost of running a superyacht can vary greatly and is dependent on the size and type of yacht, its age, and the number of people it is accommodating.

Generally, a superyacht with a crew of 10-15 can cost around 500,000-1,000,000 a year to operate, not including the cost of fuel and maintenance.

Additionally, the cost of berthing a superyacht can range from 15,000-100,000 per month depending on the location and length of stay.

How Much Does it Cost to Buy a Superyacht?

The cost of purchasing a superyacht can vary greatly depending on a variety of factors, such as size, amenities, and age of the yacht.

Generally speaking, the cost of purchasing a superyacht can range from $1 million to $100 million or more, depending on the model.

However, for those looking for a smaller and more affordable vessel, it is possible to purchase a superyacht in the range of $500,000 or less.

When considering purchasing a superyacht, it is also important to consider the cost of ownership.

This includes the cost of maintenance, crew salaries, fuel, insurance, and dockage fees.

Additionally, owners may need to budget for additional costs such as food, entertainment, and upgrades to the yacht.

Ultimately, the cost of owning a superyacht is determined by the size and features of the yacht, as well as the owner’s preferences.

When purchasing a superyacht, it is also important to consider the cost of chartering.

This includes the cost of hiring a crew, fuel, and any other fees associated with chartering a superyacht.

Ultimately, the cost of chartering a superyacht is determined by the size and features of the yacht, as well as the owner’s preferences and the destination chosen.

Finally, it is important to remember that the cost of running a superyacht does not end with the purchase price.

Owners must also budget for ongoing expenses, such as maintenance, crew salaries, fuel, insurance, and dockage fees.

Ultimately, the cost of running a superyacht is determined by the size and features of the yacht, as well as the owner’s preferences.

What are the Costs of Running a Superyacht?

how much does a super yacht cost to run

The cost of running a superyacht can vary greatly depending on the size and amenities of the yacht, as well as the destination and duration of the trip.

Generally speaking, the cost of running a superyacht can range from $500,000 to $5 million or more per year.

This amount is dependent on a number of factors, including the size and features of the yacht, as well as the preferences of the owner.

The most significant cost of running a superyacht is the crew salaries, which can range from a few thousand dollars per month for a smaller boat to upwards of $100,000 or more for larger and more luxurious vessels.

This cost is generally based on the experience and qualifications of the crew that is hired.

In addition, the cost of running a superyacht includes fuel, maintenance, insurance, and dockage fees.

Fuel can be one of the most significant costs associated with running a superyacht, as these vessels can consume hundreds of gallons of fuel per hour.

Maintenance costs can vary depending on the age and condition of the yacht, as well as any upgrades or repairs that are needed.

Insurance is necessary to protect the vessel and its passengers, and the cost of this coverage can depend on a number of factors.

Finally, dockage fees are often charged when the yacht is moored in a marina or port for an extended period of time.

In addition to these essential costs, superyacht owners may need to budget for additional costs such as food, entertainment, and upgrades to the yacht.

Many owners choose to hire a private chef to provide meals for guests, while others may opt for a catered event.

Entertainment can range from a live band or DJ to onboard activities such as a spa or water sports, and these costs can vary widely depending on the preferences of the owner.

Finally, upgrades to the yacht can range from new furniture and fixtures to state-of-the-art audio/visual systems and other luxury amenities.

The true cost of running a superyacht is ultimately determined by the size and features of the yacht, as well as the owner’s preferences.

With careful planning and budgeting, however, it is possible to keep the cost of running a superyacht within a reasonable range.

The Cost of Crew Salaries

When it comes to the cost of running a superyacht, one of the most significant expenses is crew salaries.

Depending on the size and amenities of the yacht, and the duration and destination of the trip, the number of required crew members can vary greatly.

Typically, a superyacht will require at least a captain, engineer, deckhand, chef, and stewardess.

Additionally, depending on the owner’s preferences, additional crew members such as a nanny, personal assistant, or security guard may be hired.

In terms of salary, the captain is typically the highest paid crew member, followed by the engineer.

The deckhand, chef, and stewardess typically earn less than their counterparts.

An experienced captain can expect to earn between $5,000 and $15,000 per month, depending on the size and amenities of the yacht.

The engineer can expect to make between $4,000 and $10,000 per month.

The deckhand and chef can expect to make between $2,500 and $6,000 per month, while the stewardess typically earns between $1,500 and $5,000 per month.

When it comes to hiring additional crew members, the cost will vary depending on the number and type of crew members hired.

For example, a personal assistant can expect to earn between $2,000 and $8,000 per month, while a nanny can expect to make between $2,000 and $4,000 per month.

It is important to note that these salaries are in addition to the salaries of the required crew members.

Overall, the cost of crew salaries can be a significant expense for superyacht owners, with salaries for the required crew members ranging from $20,000 to $50,000 per month.

Additionally, depending on the owner’s preferences, additional crew members can be hired at an additional cost.

Ultimately, the cost of crew salaries should be taken into account when budgeting for the cost of running a superyacht.

Fuel and Maintenance Costs

how much does a super yacht cost to run

When it comes to running a superyacht, fuel and maintenance costs are two of the biggest expenses, and they can vary greatly depending on the size and amenities of the yacht.

A larger yacht will require more fuel to operate, and the fuel costs will increase depending on the length of the trip.

Additionally, larger yachts tend to have more features, which means more maintenance costs.

Maintenance costs are typically based on the age and condition of the yacht, and can range from routine maintenance and repairs to more extensive upgrades.

For example, a superyacht may require periodic paint jobs, as well as upgrades to the engines, electrical systems, and other features.

On top of these costs, owners may also need to budget for additional services such as crew salaries, dockage fees, insurance, and food and entertainment.

Insurance and Dockage Fees

The cost of running a superyacht is affected by a variety of factors, including insurance and dockage fees.

Insurance is an important factor to consider when running a superyacht, as it can help protect the owner from financial losses due to damage or theft of the vessel.

Insurance policies can vary greatly in coverage and cost depending on the size of the yacht, the destination, and other factors.

Generally speaking, insurance policies for superyachts can range from $50,000 to over $1 million annually.

In addition to insurance, dockage fees are another cost to consider when running a superyacht.

Dockage fees are the costs associated with mooring the yacht in a marina or port.

These fees can vary greatly depending on the marina or port, the size and type of the yacht, and the length of the stay.

Generally speaking, dockage fees can range from a few hundred dollars for a short stay to several thousand dollars for a long stay.

Additional Costs and Upgrades

how much does a super yacht cost to run

When it comes to the cost of running a superyacht, there are other costs that may be overlooked.

These additional costs can include food, entertainment, and upgrades to the yacht.

Depending on the size and features of the yacht, the cost of food for the crew and guests can easily exceed $50,000 per year.

Similarly, entertainment costs can range from tens of thousands of dollars for a live band, to hundreds of thousands for a fireworks show.

Upgrades to the yacht can also be incredibly expensive.

For example, adding a helicopter pad, an infinity pool, or a spa to the yacht can easily cost hundreds of thousands of dollars.

Additionally, upgrading the interior of the yacht with luxurious furniture, fixtures, and finishes can also be extremely expensive.

In the end, the cost of running a superyacht is determined by the size and features of the yacht, as well as the owner’s preferences.

Those who are looking to own a superyacht should be prepared to budget for additional costs such as food, entertainment, and upgrades.

With the right budget, however, owning and running a superyacht can be an incredibly rewarding experience.

The Factors that Determine the Cost of Running a Superyacht

The cost of running a superyacht can vary significantly depending on a number of factors.

The size and amenities of the yacht, the destination and duration of the trip, and the owners preferences all play a role in determining the true cost of running a superyacht.

Generally speaking, the cost of running a superyacht can range from around $500,000 to $5 million or more per year.

The size and features of the yacht can have a major influence on the cost of running it.

A larger yacht will typically require more fuel and more crew to operate, and will need more maintenance and repairs as well.

Additionally, larger yachts may have more amenities and thus require more frequent upgrades and replacements.

The destination and duration of the trip can also have a major impact on the cost of running a superyacht.

Depending on the location, the cost of fuel, dockage fees, and other services can vary significantly.

Additionally, if the yacht is staying in one location for an extended period of time, additional costs such as food, entertainment, and crew salaries may need to be taken into account.

Finally, the owners preferences can have a big influence on the cost of running a superyacht.

If the owner wants the latest technology, top-of-the-line amenities, and a luxurious experience, they may need to budget significantly more for their trip.

On the other hand, if the owner is looking for a more basic experience, they may be able to save money on some of the costs associated with running a superyacht.

Ultimately, the cost of running a superyacht is determined by the size and features of the yacht, the destination and duration of the trip, and the owners preferences.

With careful planning and budgeting, it is possible to enjoy the experience of a superyacht without breaking the bank.

Final Thoughts

Generally speaking, the cost of running a superyacht can range from $500,000 to $5 million or more per year, with costs including crew salaries, fuel, maintenance, insurance, and dockage fees.

Additionally, superyacht owners may need to budget for additional costs such as food, entertainment, and upgrades.

With this knowledge, potential superyacht owners can make informed decisions about the cost of running their own superyacht and make the most of their yachting experience.

James Frami

At the age of 15, he and four other friends from his neighborhood constructed their first boat. He has been sailing for almost 30 years and has a wealth of knowledge that he wants to share with others.

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Can I Afford a Super Yacht?

how much does a super yacht cost to run

They’re the preferred luxury vacation transport of millionaires and billionaires from Bono to Stephen Spielberg to Jay Z, conjuring images of the mega-rich cavorting off some dazzling foreign coastline.

“Super yachting” is officially one of the world’s most extravagant hobbies. And there’s a very good reason for that: It costs a massive amount of money. Luxury yachts are among the most expensive asset purchases. And it’s not just that the initial capital , which can run tens to hundreds of millions of dollars, is high. Yachts also come with tremendous annual running costs that often soar over $1 million.

There is no legal definition of “super yacht.” The term generally applies to yachts that are 75 feet or more in length, have a full-time professional crew, and are enjoyed for pleasure or commercial operation. Of course, no two super yachts are the same, and no two super yacht owners have the same taste or yacht aspirations. So outlay and running costs can vary significantly.

Key Takeaways

  • A super yacht describes a personal boat that is both larger and more extravagant than typical private yachts.
  • These are a luxury item that belongs to those ultra-high-net-worth individuals who can afford them.
  • Up-front purchase prices can be in the several millions of dollars, and then ongoing operating and maintenance costs could run another million dollars or more each year.

Post-purchase, an owner should expect to pay around 20% or more of a yacht’s initial purchase price annually to keep it running. So in theory, a $10 million yacht would set you back $2 million a year in operational costs. Fuel (lots of it), vessel insurance, dockage fees, maintenance and repairs, and crew salaries are typically the heftiest running costs.

Dockage fees can run about $350,000 and administration about $70,000. Maintenance and repairs can be in the millions, as can crew salaries. The upkeep of the 590-foot super yacht Azzam, owned by President Sheikh Khalifa bin Zayed Al Nahyan of the United Arab Emirates, is estimated at $60 million per year, although it does come with two helipads and a missile defense system.

Luxury Yacht Group provides salary guidelines for a standard boat crew. It prices the captain of a 100-to-170-foot vessel with more than five years of experience at anywhere up to $192,000 annually. And you’ve still got to factor in chefs, stewards, deckhands, engineers, and more. Just so new yacht owners don’t get hit with any rude cost surprises, Luxury Yacht Group has developed a handy crew costs calculator and another one for operating costs .

Prices vary from port to port around the world, but parking your boat at the most exclusive marinas in high season can set you back well over $4,000 per night. Berthing spots during prime-time events such as the Monaco Grand Prix can cost up to $85,000 or more for a five-day stay. Superyachts.com provides a global marina map with which to search the world’s marinas and their seasonal mooring fees.

Keep in mind the obligatory “ toys .” No floating playground is complete without resident fun machines like Jet Skis and submersibles, not to mention crucial, state-of-the-art leisure  amenities like an infinity pool cinema or floating beach club. Eclipse, owned by Russian businessman Roman Abramovich, features two helicopter pads, a three-man “leisure” submarine, and two swimming pools—one of which converts into a dance floor.

Several banks and marine lenders will finance the purchase of a super yacht , either via a leasing transaction or via a marine mortgage . And offering your super yacht for charter can fetch attractive returns. However, if you have to cost-rationalize the purchase, perhaps buying one of these vessels isn’t the best way to go. Instead, you could always charter one for the same floating luxury feeling without all of the ownership responsibilities. There are also fractional ownership schemes that share financial responsibility (and super yacht enjoyment) among a party of investors without the full capital outlay.

If you happen to be one of the world’s ultra-high-net-worth individuals (UHNWIs) , a lavish floating playground could be right for you. However, if you’re not in the billionaire ’s club, don’t despair. You can still charter, share in a fractional arrangement... or simply opt for a more affordable yacht—less “super,” that is. Still, there will always be a place for the opulent, and incredibly expensive, among the world's elite.

Luxury Yacht Group. " Superyacht Cost Calculator ."

AzureAzure. " Azzam: The World’s Largest Private Superyacht ."

Industry Tap. " World’s Largest Superyacht Comes with a Bullet Proof Master Suite & Missile Defense System ."

Luxury Yacht Group. " Salary Guidelines ," Page 1.

Yacht Club de Monaco. " Tarifs YCM Marina ."

CharterWorld. " Eclipse Blohm & Voss ."

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how much does a super yacht cost to run

How much does a new build superyacht cost?

The average cost of a superyacht has shifted little in 10 years. And as Nic Robinson finds out, some size categories show more consistency than others.

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How Much Does It Really Cost To Own & Run A Superyacht?

How Much Does It Really Cost To Own & Run A Superyacht?

Tobias Handke

If you think it’s hard work maintaining your tinny for weekend fishing trips up the river just take a minute to think about the costs involved in owning your own superyacht. Over the past decade, these behemoths of the sea have become the pinnacles of wealth and success for those with only the deepest of pockets.

These luxurious floating mansions are reserved for Russian billionaires, Saudi Princes and Hollywood celebrities, but if you’re lucky enough to win the lotto you might be able to join the upper echelon of society and own your own superyacht also.

The general rule? On average, owners pay 10% of the yacht’s value in up-keep costs per year, not including crew wages.

Initial Cost Of A Superyacht: ~ $10 Million

The cost of a superyacht varies depending on the size and technology it comes with. Chelsea owner Roman Abramovich’s Eclipse is a 533-foot monster that cost the billionaire $500 million, while America business mastermind David Geffen spent a cool $200 million on his 454-foot superyacht.

Registering Your Yacht: ~ $2,500

Just like any normal vehicle you have to register your brand new superyacht. This is a very important first step as choosing the flag and country of origin you want to register your yacht in can give some great benefits, especially when it comes to tax cuts. The Cayman Islands is a favourite amongst the super rich due to its tax breaks and relatively cheap registration fee, especially when compared to the actual cost of the yacht.

Insurance: ~ $353,850

As well as registering your new nautical explorer you’re going to want to make sure it’s insured. As you can imagine, insuring something as expensive as a superyacht isn’t cheap, so expect to fork out a few hundred thousand every year to make sure you’re covered.

Dockage: – $942,000 (Purchase)

how much does a super yacht cost to run

The price varies from port to port across the world, with some docks charging up to six grand a night for casual slots. This 100-foot slot in Antibes is going for a lazy 590,000€ ($942,000) if you’re in the market to buy.

If you want a spot in Port Hercules over Formula 1 weekend, you’ll be looking at $35,000 AUD for a Zone 1 spot from May 20th till May 27th for our yacht size in question, which really isn’t too outrageous.

Fuel: ~ $472,000

If you think everyday fuel prices for your automobile are expensive than you might want to turn away now. Using around 400 litres of fuel an hour, a 100-foot superyacht is going to set you back another half a million to make sure you don’t run out of gas in the middle of the ocean if in use for the majority of the year.

Maintenance & Repairs: ~ $400,000

Like anything mechanical, a superyacht is prone to suffering wear and tear over the years. From routine maintenance to fixing blown motors and electrical equipment, the annual cost can be extravagant but is part and parcel of owning such an expensive toy.

Crew: ~ $876,000

how much does a super yacht cost to run

Unless you’re a trained captain steering your own yacht and making sure the day to day running goes smoothly, you’ll have to employ staff to over see operations. Captains cost roughly $1,400 per year per foot of boat – that’s $156,000 or so to command a mere 100-footer according to Forbes.

Deckhands and stewards are relatively cheap at $40,000 to $70,000 per year which is supplemented with you shouting them accommodation and food, but a good chef will cost you at least $100,000 a year. You’ll also need roughly one deckhand for each guest, and we’re assuming you can comfortably fit 8 amigos. And did we mention an engineer? Because hey, we all know boats break down all the time. That’ll set you back at least another $140,000.

Total: ~ $13 million

If you add up the initial cost of your 100-foot superyacht and your yearly expenses you’re looking at roughly $13 million for the first year, then around $2.1 million every year after to maintain it (assuming you pretty much live aboard and minus the purchase costs of the berth & yacht). So the short answer? A fuckload. Maybe in another life.

RELATED: The 750-foot Project Valkyrie will be the world’s largest superyacht

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How Much Does it (Really) Cost to Own a Yacht?

how much does a super yacht cost to run

The true cost to own a yacht is an area of concern for many prospects of yacht ownership. And it should be.

Maintenance costs, exploitation costs, total cost compared to yacht charter, we detail in this article the expenses (especially the hidden ones) you have to consider before buying your first yacht !

We also provide you several solutions to lighten your investment and reduce the cost to own your yacht. 

If you are looking for the price of a yacht charter (rental), please read this article instead .

How much is a yacht?

Before diving into the expenses that comes monthly, yearly or every decades once you own a yacht, let’s answer the elephant in the room: How much is a yacht (alone) in the first place? The short answer is… it depends, of course. But in most cases, the longer the yacht, the higher is her selling price.

Generally speaking, you can expect to find yachts for sale in the following price ranges:

  • Below 50ft (15m): between 500K – 2,500,000 € / USD
  • Between 50-70ft (15-21m): between 2 millions and 6 millions € / USD ( See our 9 catamarans for sale under 6 millions here )
  • Between 70-100ft (20-30m): between 6 millions and 20 millions € / USD
  • Superyachts over 100ft (30m): minimum 10 millions € / USD

You can always find exceptions to the rule and find cheaper or more expensive yachts for sale outside of these price brackets.

A lot of factors come into the selling price of a yacht: supply and demand, brand / model reputation, age and condition of the vessel, urgency or lack of for the sale and so on.

What are the main hidden costs that come with yacht ownership?

You probably already guessed it, the cost of owning a yacht doesn’t stop at its purchase price . In some cases, the price you bought your yacht at can seem like a bargain, but it really isn’t once you start adding all the hidden costs, and many of them come yearly.

Here are the main ones you should be wary of.

how much does a super yacht cost to run

Yacht exploitation and running costs : always calculate them carefully before buying your yacht

It always cost you money to exploit your yacht.

When you are chartering a yacht, a part of these operation costs is included in your APA (Advanced Provisionning Allowance) .

When you own a yacht, these costs still apply , but you will have to pay directly for them.

Among the main operation costs, the most important are usually the following:

  • The fuel: its cost will depend on the type of boat, her fuel consumption, the region, and the distances traveled;
  • The mooring fees which depends on the area but also on the boat size;
  • The crew, if you need it. The cost will depend on the frequency and the crew’s size;
  • The communication fees;
  • The food and beverages supplies;
  • All the expenses related to your leisure activities.

Yachts maintenance: a cost that you should definitely not overlook

how much does a super yacht cost to run

Even outside of its operating period, it still costs you money to own your yacht!

Maintenance of your boat isn’t an option and must be done on an ongoing basis. The price vary depending on the type of yacht you are owning (motor, sail, etc…), the size of the vessel, but also how old she is.

The maintenance costs include :

  • The regular maintenance of certain equipment, like engines, thrusters, sails, rigging, safety equipment, hull(s) (fairing)…;
  • The occasional maintenance operations in case of breakdown or damage;
  • The painting;
  • The cleaning and the specialized maintenance products (for teak, leather, …). 

The costs of maintenance and upkeep will obviously not be the same if you do it yourself or if you call in specialists. But regardless, you should have a budget buffer dedicated to maintenance costs when you plan on buying a yacht, especially if she already had a long sailing life.

The taxes and insurance premiums of a yacht: a cost that most forget

Consider the different taxes (at the purchase and annual) and the yearly yacht insurance that you have to pay. A specialized insurance policy is generally estimated at between 0.8% and 1.2% of the boat’s purchase price per year.

Must Read : Yacht Insurance : The Definitive Owner’s Guide

Yearly harbor fees : a very important hidden cost of yacht ownership

how much does a super yacht cost to run

The port and/or winterization fees are also a big part of yacht ownership costs that you should carefuly estimate.

Depending on your region, you may need to consider “dry-docking” your boat, which involves handling, transport, and storage which can be really expensive. 

If you can leave your yacht in the water all year round, you will need to go for a harbor ring concession.

Depending on the marina and its infrastructure, the region, and your boat’s size, the costs may considerably vary from a few hundred dollars to thousands of dollars a month . However, it is easy to obtain this information from marinas once you have chosen which yacht to purchase.

The depreciation’s price of a yacht

A yacht, like a car, will depreciate . It is difficult to estimate the depreciation, as it depends on economic conditions, exchange rates, price inflation when new, the type of boat, and the shipyard. 

However, it is reasonable to estimate a minimum depreciation of 10% in the first year, then 7% in the following years. From the fifth year on, the depreciation tends to slow down. On the other hand, the operating costs increase.

Summary of the main operating and maintenance costs of owning a yacht

So, to sum up, how much does it cost to own a yacht? It largely depends on your type of yacht and your location.

But in general, owning a yacht will cost you between 10-25% of its value annualy . The longer the yacht, the likelier you are to be at the end of the spectrum.

Here are the reasonable costs you could consider:

  • 10% of its value annually for a 60ft (18m) / 1 million USD yacht and below (=max 100K / year)
  • 20% of its value annually for a 100ft (30m) / 10 millions USD yacht and above (=min 2 millions / year)

These brackets of total costs include everything: usual yacht maintenance, upkeep and operating costs that will be distribued as follow:

  • Communication
  • Maintenance
  • Insurance premiums
  • Harbour fees
  • Cost of depreciation

Are you worried? Do not. Luckily, there are numerous ways to decrease the overall cost of yacht ownership and still enjoy yachting as it should be. Read the next paragraphs to know these valuable tricks.

If you liked this article you will also like : HOW MUCH DOES IT COST TO CHARTER A YACHT?

How to reduce the cost of yacht ownership?

how much does a super yacht cost to run

A yacht keeps on costing money even when not in use, so the best way to make it a more profitable investment is to increase its exploitation.

Renting your own yacht : a good way to reduce the costs of owning a boat

When you are not using the boat, you can earn income by renting it out. The rental price depends on the type and size of the boat, but also its location. While making money from renting is possible, don’t expect to pay back all your expenses. Nevertheless, it will help you in avoiding your yacht becoming a financial burden. 

The easiest way to do this is to hire a professional charter company to help you. If you go for a reputable and experienced company, you will benefit from their expertise and contacts. It will also save you from legal, insurance, and withdrawal issues and avoid red tape.

On the topic : Yacht to Charter : Can It Be Profitable?

Fractional yacht ownership: share the cost of owning a yacht with co-owners

Another solution to own a yacht at lower cost is fractional ownership of a boat , which means that you own a fraction of it. It can be half, a quarter, or even less. For a long time, boaters have been opting for this option of partial ownership with friends or family. These days some companies create formalized fractional ownership arrangements for more guarantees. 

For example, in partnership with the Windward Islands, SAILING RESORT proposes fractional boat ownership on the fabulous trimaran, the LEEN 72’. So you can become a co-owner of the new hybrid-powered multihull which can accommodate up to 10 passengers and 4 crew members. You will enjoy private use of the trimaran (depending on the period) from 6 to 12 weeks during the first 5 years.

This program proposes a profitable commercial operation with 24/7 premium service. It is a tailor-made solution for all those who want to feel like owners of a prestigious yacht for a few days a year while limiting their investment and responsibilities. WI manages the operation of the yacht for you out of your personal use, like the charter’s organization, maintenance, insurance, annual mooring, and all other administrative tasks.

Once you have weighed the pros and cons and have the means to finance both the purchase and the annual costs (maintenance, operation, …) of your yacht, you should go for it! Indeed, if you can evaluate the hidden costs and expenses of owning a boat, the freedom and unforgettable memories are priceless. 

Yacht Charter remains a cheaper alternative than yacht ownership in many cases

how much does a super yacht cost to run

If you can’t enjoy your yacht frequently or are still unsure about whether it’s worth the cost or not to own a yacht, you might consider chartering instead. This will allow you to try out different models , from various shipyards, and see which ones you prefer.

Therefore, the cost of renting a yacht will save you from having to worry about all those hidden costs of owning one. All you have to do is pay for your charter, your cancellation insurance and set your APA during your stay. This way, you only pay money, time, and effort when you use the boat.

What is the (true) cost of chartering the yacht you've seen? 💰⛵

The advertised prices of all charter companies do not include APA, VAT & other variable costs. 

Use our calculator to get a 100% FREE estimate of the REAL total cost of your next yacht charter! ⬇

Read also : SUSTAINABLE YACHTING: HOW IS THE BOAT INDUSTRY BECOMING MORE ECO-FRIENDLY?

how much does a super yacht cost to run

Frequently asked question

For a 60-foot or million-dollar yacht, the cost per year will be about 10% of its value or $100,000 per year.

You should expect to pay about 20% or more of the original price of your boat to run it annually. So, for a $10 million yacht, the cost to operate will be about $2 million per year, including fuel, insurance, dock fees, maintenance and repairs, crew, etc.

A 180-foot superyacht and/or mega yacht costs a minimum of $4.75 million per year to operate and maintain. Kitty McGowan of the US Superyacht Association estimates an annual budget of $1 million for maintenance and repairs, $350,000 for dockage, $240,000 for insurance, $400,000 for fuel, and $1.4 million for the crew. Add another 15-25% of the vessel’s value for V.A.T.

Once you have weighed the pro and cons, if you can afford the purchase and all the hidden annual expenses, have found your dreamed yacht, and have time to enjoy it, you should go for yacht ownership!

It is not the best way to make money, but you can minimize your annual expenses by renting it or opting for fractional boat ownership.

It’s hard to tell. As long as you have the money and enough time to enjoy it, it is worth owning a yacht! Everything cannot be estimated. For example, it will bring you invaluable freedom and happiness.

One of the easiest way to reduce the maintenance cost of a yacht is to fractional yacht ownership. That way, the maintenance expenses are spread among co-owners according to their shares.

It varies greatly depending on the size of the yacht. For a yacht of 60ft (18m), you will likely spend around 10% of its purchase value each year in maintenance and exploitation costs.

Luxury yachts have maintenance and operation costs that are around 10% of their value yearly. So if a yacht value is 2 millions USD, its maintenance and operations costs should be around 200K / year.

Operating a sailboat is usually 20-40% cheaper than the same size motoryacht. Motoryachts tend to be more expensive to operate than sailboats as the fuel consumption can become an important expenditure fast.

A small yacht below 50ft is usually for sale between 500K and 2,5 millions USD / €. A mid-size yacht between 50ft and 100ft is usually for sale between 2-15 millions USD / €. Above 100ft, the selling price is rarely below 10 millions USD / €.

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Billionaires are getting ready for summer with wildly spectacular superyachts

  • Superyachts, the most expensive asset  a billionaire can own, are pushing the boundaries of luxury.
  • The boats, which cost eight or nine figures, are getting larger and include more features than ever.
  • From massage rooms to basketball courts, here's what the world's richest want on board.

Insider Today

For many wealthy boat owners, a private spa is a must-have on board. A sauna is a nice touch. A Jet Ski or two makes days at sea way more fun. And if you don't have someone on board who can whip up a Michelin-star-worthy meal , you might as well stay on land.

In the world of massive yachts , there's no such thing as too much. After all, if someone spends eight or nine figures to design the vessel of their dreams — or at least $500,000 a week to charter one — more is more.

"Yachting. It's not rational; it's emotional," Ralph Dazert, the head of intelligence at SuperYacht Times, told Business Insider at the Palm Beach International Boat Show, where dozens of superyachts — often defined as vessels over 30 meters in length — were on display.

And while there are certain classic features, such as jacuzzis and bars, what superyacht owners want is evolving, insiders at the show said. That might mean more crew members, more space for helicopters, or more water toys, but might also include manicure salons and putting greens.

"The bar of what is the baseline expectation has increased exponentially just over the last four or five years," Anders Kurtén, the CEO of brokerage Fraser Yachts, said. Clients are "spending more time on the boat and really wanting to extend the lifestyle they lead on the shore."

A lot of this can be chalked up to the pandemic. Superyacht purchases and charters spiked as life and luxury travel on land screeched to a halt. While the market has moderated slightly, the number of superyachts on order — 1,166 as of September, according to Boat International's Global Order Book — is still above pre-pandemic norms.

"What the pandemic really showed is that the appetite for being out there at sea, sort of living the marine lifestyle, is still as valid as ever," Kurtén said.

That means there's a lot of money on the water. The total value of the 203 superyachts over 30 meters delivered last year was $6.4 billion, according to data from SuperYacht Times. New custom builds from the world's most prestigious shipyards — Lurssen, Feadship, Oceanco , Benetti — can run into the hundreds of millions. Even used superyachts at the Palm Beach show cost as much as $75 million.

And it's not just traditional buyers like retired wealthy couples looking for a place to relax or celebrities looking for a place to party away from the paparazzi. New clients are often younger and have families, so want areas to work and watch movies . They also want pricey water toys, access to fitness equipment, or even pizza ovens for picky eaters.

"This would've never happened in the nineties," said Giovanna Vitelli, the vice president of the Azimut Benetti Group, the world's biggest producer of superyachts. "You would go with your beautiful woman, Champagne — the idea of yachting was much more showing off with your jacuzzi and things like that."

Pure opulence has made room for function.

When Benetti's Nabila set sail in 1980, its 50-person crew, gold-and-diamond-encrusted interiors, and lavish parties captured headlines and even inspired the Queen song "Kashoggi's Ship."(Seven years later, Donald Trump bought Nabila for $30 million , renaming her the Trump Princess.)

"Life on board was considered very formal — big formal dining rooms, boats were high on the water, you would be segregated from the rest of the world," Vitelli said, remembering another client who insisted on a replica of the Sistine Chapel above the dining table.

But the ostentatious, palatial-like interiors that used to be highlighted in yacht brochures have made way for lists of more functional features .

Related stories

Rather than esoteric novelties like an extra-large safe for rifles that one builder had to construct per a Russian yacht owner's request , the superyachts on display at the Palm Beach show featured basketball courts, saunas, and ice baths.

Owners want elevators and luxury gyms. Pampering options, be it a massage room, manicure station, or a professional-grade facial machine, are a dime a dozen. Some bathrooms have fancy Toto toilets, which can cost around $20,000.

Sterns (that's the back of the boat) used to be built high to guard guests' privacy. Now, they're built as "beach clubs" — an open swim platform.

And what good is a massage room if no one on board can give one? Many superyachts can hold twice as many crew members as guests, if not more. One broker, representing a boat that didn't have a masseuse, said it could be quite a "tricky" issue because if a charter wants one, they have to find someone who can massage guests and "pull their weight with the crew."

"It's not uncommon to look for a deckhand who can also mix a martini, play an instrument, maybe entertain the guests with singing, and ideally even give a massage," Kurtén said.

Of course, a crew comes at a cost . Most are considered full-time employees, requiring salaries and benefits like health insurance. Captains, first mates, and chief engineers often make six figures a year. That's without tips; a charter guest will typically spend six figures on gratuities for the crew who worked during a weeklong vacation.

For the superrich, there must be room for toys.

It's not just the onboard amenities that count. What's known as "toys" in the industry — water slides, eFoils, Jet Skis, and underwater scuba diving jets — are popular, and costs range from merely hundreds of dollars (banana boats) to millions ( submersibles , which are still popular despite the recent tragedy).

" Tenders and toys, the sky seems to be the limit," Kurtén said. "More is more."

Of course, if you can't fit all those toys in the yacht's storage space, you can just use another boat. Jeff Bezos' support yacht is a superyacht in itself, measuring 75 meters and costing tens of millions of dollars. (His main yacht, Koru , cost a reported $500 million.)

Support yachts are also faster, meaning the crew can get to a destination first and set up the Jet Skis, seapools, and the like, Dazert said. "By the time the owner arrives on the main yacht, everything's set up, and he can go and have fun."

Even tenders, the smaller vessel that brings guests from the ship to the shore, are getting glow-ups. The Nero, a 90-meter beauty available to charter for about $500,000 a week and modeled after J.P. Morgan's 1930s ship, has custom-built tenders to match the design. The most expensive ones often cost seven figures. Nero has three.

"It used to be a tender was a tender," Jeffrey Beneville, who handles yacht insurance at NFP, told BI. "Now they're called limousine tenders. Think of an incredibly luxurious gondola that's got a hard top so nobody's hair gets mussed when they're being dropped off at the Monaco Yacht Club ."

One thing that clearly hasn't changed in superyachting: showing off. If the boat next door at the marina has an indoor-outdoor cinema, it's natural to want one too. Ditto a wine cellar or helipad.

"It's a bit of a celebration of your success in life, of wealth," Vitelli, whose company is behind the Lana yacht Bill Gates chartered for a birthday party three years ago, said. "You push it a little more."

And that's a boon for yacht makers and brokers catering to the superrich.

"Our job is to make clients' dreams come true," Kurtén said.

Watch: Inside the world's biggest cruise ship that just set sail

how much does a super yacht cost to run

  • Main content

GEGCalculators

Yacht Operating Cost Calculator

How much does it cost to operate a yacht? The cost of operating a yacht can vary significantly depending on factors such as size, type, location, maintenance, crew salaries, fuel consumption, and insurance. It could range from tens of thousands to millions of dollars per year.

What is the annual cost of owning a yacht? The annual cost of owning a yacht includes expenses like maintenance, insurance, dockage, crew salaries, fuel, and other operating costs. For larger yachts, the annual costs can easily reach hundreds of thousands or even millions of dollars.

How much does it cost to run and maintain a yacht? The cost of running and maintaining a yacht depends on various factors, including the size of the yacht, its age, the type of maintenance required, and the level of usage. Regular maintenance and repairs can be a significant ongoing expense.

How much does it cost to run a private yacht? The cost to run a private yacht can vary widely based on factors like size, fuel consumption, crew salaries, maintenance, and other operational expenses. It could range from tens of thousands to hundreds of thousands of dollars per year.

Can a yacht pay for itself? In some cases, yacht owners may charter their yachts to guests to offset some of the operating costs. This can help a yacht generate income, but it’s unlikely to fully cover all expenses and make a profit.

Is it profitable to own a yacht? Owning a yacht is generally not considered a profitable investment. While chartering the yacht to guests can generate some income, the overall expenses of owning and maintaining a yacht often outweigh the potential income.

Are yachts a good investment? Yachts are generally not considered good financial investments. They are luxury assets that come with high costs and depreciate over time. Yacht ownership is more about lifestyle and enjoyment rather than financial return.

How often do owners use their yachts? The frequency of yacht usage varies among owners. Some may use their yachts frequently, while others might only use them occasionally, like during vacations or special events.

What is the average yacht salary? The average salary of yacht crew members can vary based on their positions and experience. Captains, engineers, and senior crew members generally earn higher salaries compared to entry-level positions.

What is the average net worth of yacht owners? The net worth of yacht owners can vary significantly, but it is typically in the high millions or even billions for those who can afford to own large yachts.

How many miles does a yacht last? With proper maintenance, yachts can last for several decades. The lifespan of a yacht depends on the construction quality, materials used, and how well it is taken care of.

How many crew for a 100-foot yacht? A 100-foot yacht typically requires a crew of 3 to 5 members, including a captain, engineer, deckhands, and stewards/stewardesses, depending on the yacht’s operations and owner’s preferences.

Why are yachts limited to 12 guests? Yachts are often limited to 12 guests for safety reasons and to comply with maritime regulations. The number of guests is usually determined by the yacht’s size and safety equipment onboard.

Do private yacht owners tip their crew? Tipping practices can vary, but it is not uncommon for private yacht owners to give gratuities to their crew members for exceptional service.

Can you permanently live on a yacht? Some people choose to live on yachts as their primary residence. However, this lifestyle comes with unique challenges and considerations, including docking fees, maintenance, and access to essential services.

Do you have to pay taxes if you live on a yacht? The tax implications of living on a yacht can vary based on the yacht’s location, the owner’s residency, and other factors. It’s essential to consult with tax professionals to understand the specific tax obligations.

What tax breaks do you get for owning a yacht? Tax breaks for yacht ownership may vary depending on the country and its tax laws. Some countries offer tax incentives for yacht owners, such as reduced VAT rates for chartering or ownership.

Can you take a mortgage out on a yacht? Yes, it is possible to take out a mortgage on a yacht. Yacht financing is available through specialized lenders, similar to other types of asset financing.

Why do the rich buy yachts? For the wealthy, buying a yacht can be a status symbol and a way to indulge in a luxurious lifestyle. Yachts also offer privacy, freedom to travel, and the opportunity to entertain guests in a unique setting.

Do yachts go down in value? Yachts generally depreciate over time, like most luxury assets. However, the rate of depreciation can vary depending on factors such as maintenance, age, and market demand.

What is the point of buying a yacht? The main reasons for buying a yacht include leisure, travel, privacy, entertainment, and enjoying the luxury of the yachting lifestyle.

What are the disadvantages of a yacht? Disadvantages of yacht ownership include high operating costs, maintenance expenses, depreciation, limited usage, and the need for experienced crew.

How quickly do yachts depreciate? Yachts can depreciate quickly, especially during the first few years of ownership. Afterward, the rate of depreciation may slow down, depending on the market demand and condition of the yacht.

What time of year is best to buy a yacht? The best time to buy a yacht can vary based on the market and individual circumstances. Some owners prefer to sell in the offseason, while others might list yachts when demand is high.

How to make money with a yacht? Making money with a yacht can involve chartering it to guests, participating in regattas or events, offering filming locations, or using it for commercial purposes when not in personal use.

Is it cheaper to buy or build a yacht? Building a custom yacht can be more expensive than buying a pre-owned one. Buying a used yacht is generally more cost-effective, but it depends on individual preferences and requirements.

How does it feel to own a yacht? Owning a yacht can provide a sense of luxury, freedom, and exclusivity. However, it also comes with responsibilities and significant costs for maintenance and operations.

Do yacht owners sleep with crew? Relationships between yacht owners and crew members vary and depend on individual situations and personal boundaries. It is essential to maintain professionalism and respect onboard.

Where do rich people keep their yachts? Rich people keep their yachts in various places, including private marinas, superyacht berths, or while cruising in different regions around the world.

What is the average age of a yacht owner? The average age of yacht owners can vary, but many yacht owners tend to be in their 50s or older, as yacht ownership often requires significant financial resources.

How much does a captain make on a private yacht? The salary of a captain on a private yacht can vary based on the yacht’s size, the owner’s preferences, and the captain’s experience. It can range from tens of thousands to over $100,000 per year.

What is Captain Sandy’s salary? As of my knowledge cutoff in September 2021, Captain Sandy Yawn from the reality TV show “Below Deck Mediterranean” reportedly earns a salary of around $120,000 to $130,000 per charter season. However, salaries can change, and it’s always best to verify up-to-date information.

How much do yacht pilots get paid? Yacht pilot salaries can vary widely depending on their experience, the size of the yacht, and the owner’s preferences. Experienced yacht pilots can earn significant salaries.

How many yachts does Bill Gates own? As of my last knowledge update in September 2021, Bill Gates owns several yachts, including the 112-meter superyacht “Luminary” and a luxury yacht named “Aqua.”

Is it cheaper to live on a yacht? Living on a yacht can be cheaper than traditional homeownership in some cases, especially if the yacht owner travels frequently and avoids high-cost housing markets.

What is the largest yacht that doesn’t need a crew? There are some larger yachts, typically under 50 feet, designed for easy single-handed operation and may not require a dedicated crew.

What happens if a yacht runs out of fuel? If a yacht runs out of fuel, it can be stranded at sea until assistance arrives. Proper fuel management and planning are essential to avoid such situations.

Can you take your yacht anywhere? Yachts offer the freedom to travel to various destinations, but they are subject to maritime laws, regulations, and restrictions based on their flag state and the countries they visit.

How big is the gas tank on a yacht? The size of a yacht’s fuel tank varies widely depending on the yacht’s size and type. Larger yachts can have fuel tanks with capacities of thousands of gallons.

What size yacht requires a captain? The size of the yacht that requires a captain can vary based on local regulations and the owner’s preferences. In many regions, yachts over a certain length, such as 75 feet or more, require a licensed captain.

Can a 100-foot yacht cross the Atlantic? Yes, a 100-foot yacht can cross the Atlantic Ocean with proper planning, crew, and navigational equipment. Many yachts of this size are equipped for long-range cruising.

How much does a 100-foot yacht captain earn? The salary of a captain for a 100-foot yacht can vary based on experience, qualifications, and the owner’s preferences. It can range from tens of thousands to over $100,000 per year.

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How Much Does a Yacht Cost to Build?

The cost to build the world's largest superyachts is a closely guarded secret.

By Kim Ayling

The freedom that comes with owning your own yacht is unrivaled and, if you have the funds to do so, the joy of building your own is even better. However, with prices easily creeping up into the hundreds of millions, and even billions, we ask the all-important question: how much does a yacht cost to build?

Unsurprisingly, the total cost to build the world’s most famous yachts is a closely guarded secret, but there are a few fairly reliable estimations sailing around the industry. One standard way to work out how much a yacht will cost to build is price per gross weight. However, while this can be a helpful guide in valuing yachts, it doesn’t always correlate.

For example, it is thought that Lurssen’s 590-ft Azzam , which features a bulletproof owner’s cabin, an onboard golf practice suite and a submarine, cost in the region of $600m to build. At approximately 13,136 gross tons (GT), that would have made her around $45,676 per GT.

REV , on the other hand, which while still in construction is set to surpass Azzam as the largest yacht in the world at an impressive 602ft, is estimated to be costing around $350m to build. Her weight is thought to be around 17,440 GT, putting her at $20,069 per GT. Clearly, biggest doesn’t always mean most expensive. So what does affect the cost of a yacht build?

[See also: How Much Does it Cost to Charter a Yacht?]

REV Ocean yacht cost

REV is thought to be costing around $350m / ©REV Ocean

Custom vs pre-designed yachts

Firstly, you need to decide the kind of yacht you want: custom or pre-design. Naturally, a custom yacht build will be more expensive. But, for that extra cost, you will get full control over the design, the finish and everything in between.

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A pre-designed yacht on the other hand will save you both money and time. This category of yacht is built based on an existing model, with finishing touches such as interiors, tenders and layout completed when she’s bought. Obviously, this leaves owners with a lot less freedom over their yacht, but it is considerably cheaper and can be delivered in a matter of months instead of years.

Choosing a yacht builder

The world of shipbuilding is dominated by a few key players. For a fully custom build, the likes of Lurssen, Feadship, Oceanco and Royal Huisman (among several others) rule the roost. With builders like this, you can expect to pay a higher price, but for that, you’ll receive years of experience, industry prestige, and cutting-edge technology and techniques.

The most prestigious shipyards will also inevitably have the most skilled team. The team involved in building a yacht is, to put it simply, vast. From start to finish, hundreds of pairs of hands will be involved in the process, with the key players including a yacht designer (interior and exterior), a naval architect and an engineer, as well as a huge team of skilled laborers. There will also be an owner representative working closely with the shipbuilder to ensure the project is delivered in time and to the buyer’s exacting standards.

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The cost of your yacht build will of course include the wages of each of the experienced people involved in making it, so if you want the best, expect to pay for it.

[See also: Discovering the World’s Most Exciting Superyacht Concepts]

feadship project 817 superyacht

Viva by Dutch shipyard Feadship / ©Feadship

What affects the cost of building a yacht?

Naturally, a huge variety of factors will impact the total cost of building a yacht. Size is of course one of the main considerations, but materials are another key factor that will dramatically impact cost. Aluminum, for example, is favored for being an impressively lightweight hull material but ton for ton, it is far more expensive than steel.

Onboard technology will also see the final cost creep up rapidly. Demand for smart yacht technology, for example, is continuing to grow, with more owners wanting to replicate the ease of voice control tools that they enjoy in their home, onboard their yacht.

And things that we might take for granted on land such as high-speed WiFi become more complicated – and more expensive – on the water. Kitting your yacht out with a satellite dish can set you back anywhere up to $50,000 which while doesn’t sound much in the grand scheme of a multi-million-dollar ship build, is just one of many hidden costs.

How much do yacht toys and tenders cost?

The yacht itself is just the start of the story when it comes to working out costs. On top of the build, potential owners will need to kit out their boat with all the latest toys and tenders – from submarines to helicopters – which can add a serious amount to your total.

For example, a self-drive submersible by Triton Submarines , which will allow owners to see the underwater world in a completely new way, will start at around $15m. Similarly, while you can pick up a low-grade, second-hand tender for a few thousand dollars, a top-of-the-range option will easily creep into the millions.

Ultimately, the only way to work out exactly how much a yacht will cost to build is to make a serious inquiry with a broker, who will be able to connect you with a yacht builder. From here, you can collaboratively work together to ascertain your budget and exactly how much your perfect yacht will cost.

[See also: The Most Innovative Yachts of the 21st Century]

oceanco yacht builders esquel project on water

Oceanco, who made the sleek Esquel, is one of the best yacht builders in the world / ©Oceanco

Photo of Kim Ayling

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Yacht Charter Costs Explained

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A comprehensive breakdown of your charter costs and fees.

When you begin planning a luxury yacht charter it is important to be aware of what is included in the cost of booking your dream charter yacht. although a yacht will have a base charter fee, this may or may not include additional expenses such as food and fuel and this is subject to the terms and conditions within the charter contract. there are various types of charter contracts and which one applies to you will depend on where you wish to cruise., high season.

High season refers to the most popular weeks of the year for yacht charter, whether it’s the winter period in the Caribbean or the height of summer in the Mediterranean , booking in high season requires early planning, determination and a big budget. In addition, planning a yacht charter to coincide with a major event will also be reflected in the price with marine spots for elite events often booking up early. Allow plenty of time when making enquiries to ensure a star studded, well prepared arrival.

Low season typically refers to any time outside of the high season periods. Groups of families and friends looking for a relaxing luxury vacation are advised to avoid high season weeks and opt for weeks outside of this time. The busiest periods are of course reflected in the charter costs and can be up to 15 to 30 percent more expensive than typical low season periods. Chartering a few weeks either side of these busy periods can be almost exactly the same, with the weather almost unchanged in some places, with far less crowds.

Take to our detailed destination guides and browse the yachts available in your chosen destination. Some of the most successful superyachts in the industry can be reserved up to a year in advance and as most yacht brokers will warn away from last minute bookings, it is better to book early and have the pick of the bunch rather than miss out at the last moment. Browse the Events section for details on upcoming festivals and sporting events or visit our Finding a Yacht Broker page to begin your planning your luxury yacht charter.

This article will go into detail of the costs to be expected when planning and booking a yacht charter. From the base charter fee of a yacht, what is covered within the fee and how it may vary in addition to details of contracts and how an Advance Provisioning Allowance (APA) can be used to manage any expenses.

Base Charter Fee

The base charter fee in essence refers to the hire cost of the yacht itself, with all equipment in working order in addition to the cost of food and wages for the crew during the entirety of the charter. This is essentially all the base charter fee covers with additional expenses often applicable on top. The base charter fee will vary from one yacht to another and this may be down to any number of reasons from size and on board amenities to the charter season. For instance, the base rate of a charter yacht may increase in "high season" and reduce during the "low season". "High season" and "low season" refers to the busiest and slowest periods for yacht charters though this may appear misleading, as these peak times refer to periods of weeks as opposed to full seasons. In addition, you may find that a yacht is also more expensive during special events such as the Monaco Grand Prix, Cannes Film Festival and America's Cup. Unless you are keen to charter a yacht for a particular "high season" event, choose your dates carefully as although a "high season" rate will be more expensive than the "low season" the two can sometimes share much of the same weather conditions.

Aside from seasons and events, yachts of the same size may also differ in price and this may be down to a vast difference in on board amenities. A yacht which boasts an on board cinema or lavish water toys may have a higher base rate compared with a yacht of minimal amenities of the same size. If it is unclear as to why two yachts of the same size are vastly different in price, ask your yacht broker to explain what the differences are. Once you are clear on what the base price is and why, it is important to discover what costs will be applicable on top and this is dependent on the type of charter contract used.

The type of charter contract applicable to your charter will depend on where in the world you are cruising, as there are various terms within the industry which dictate how the payment structure is determined. For instance, a MYBA (Worldwide Yachting Association, formerly known as Mediterranean Yacht Brokers Association) contract operates under Western Mediterranean Terms (WMT) and is arguably the most commonly used, particularly with large yachts embarking on a Mediterranean yacht charter. This contract is often referred to as a "plus all expenses" contract and requires that the charterer pay for fuel, food, beverages and dockage fees as an additional expense outside of the base charter fee. Typically, guests can accumulate an additional 25% to 50% of the base charter fee though this is dependent on what is consumed. These expenses can be tracked through the use of an Advance Provisioning Allowance (APA) which we will cover in the next section.

Alternatively, smaller yachts on a Caribbean yacht charter can expect a "mostly all-inclusive" contract known as Caribbean Terms Inclusive (CTI) sometimes referred to as Standard Caribbean Terms (SCT). The Standard Caribbean Terms greatly differ from Western Mediterranean Terms, as the Caribbean terms include three meals a day in addition to four hours cruising per day which is included in the base charter fee.

In addition to the commonly used MYBA terms and Standard Caribbean Terms, there are also less frequently used terms such as Standard Eastern Mediterranean Terms (SEMT) and Greek Terms (GI). Read our guide on Understanding Charter Contracts for more information and if you are unsure as to what is included under the terms of your contract, be sure to ask your broker.

Advance Provisioning Allowance (commonly referred to as APA)

Irrespective of the charter contract it is important for guests to be aware of the Advance Provisioning Allowance (APA). The APA was designed to enable charterers to manage their expenses through a clear and trackable arrangement. An APA is a way to deposit the estimated expense amount of your charter to cover costs such as fuel, food and dockage fees. Typically, the APA accrues to approximately 25% to 30% of the base charter fee, though this does of course depend on the charter parties tastes and requirements and could be far less or far greater than this estimation. For instance, charter guests who intend to regularly dine on caviar and vintage wine can expect to pay more, whereas guests on board a sailing yacht charter can expect to save on fuel costs. Charterers can request an estimated APA amount from the yacht broker based on their on board expectations.

The APA is to be paid approximately one month prior to boarding the charter yacht and is paid directly to the Captain of the yacht. Once the APA has been paid to the captain it will then be retained as a bank account of sorts, from which the captain can make expenditures whilst keeping a record of what has been spent. At any point during the yacht charter guests can request a rundown of accounts from the captain as a way of keeping track of expenditures. The captain will request that any additional funds are paid during the charter should guests exceed the APA. It is therefore a good idea to keep an additional account with your yacht broker on shore, as should the APA become critically low at any time the yacht broker can release additional funds to the captain on the charterers command. Cash can be used if necessary though an on shore account may be deemed as hassle free to some.

It is important to remember that food and fuel for example, are charged at cost without mark up to the charterer and upon disembarking, transactions can be reviewed by the "head" charterer and Captain with any remaining funds to be paid back to the charterer.

Fuel and Dockage Fees

It is important to remember that whilst considering fuel costs, the fuel consumed when using jet-skis and tenders will also apply to the charterer. In addition, whilst docked at a marina the generators used in order to produce electricity will also use fuel. The distance travelled and speed of cruising also affects fuel costs and it is important to bear these factors in mind. Dockage fees may vary from very little to large sums and this is dependent again upon the location and whether you wish to dock during a special event such as the Monaco Grand Prix.

Although insurance costs are not directly connected to the charter costs as such, it is useful to bear in mind should you with to take out Charterers Liability Insurance or Cancellation and Curtailment cover. You can read more information regarding insurance in our How to Book and Plan a Yacht Charter article.

Value Added Tax (VAT)

European Union (EU) tax laws state VAT will apply should you disembark within their waters, for example Italian territorial waters. This may also apply to some Caribbean islands. Commercially registered vessels are usually VAT exempt though vessels which are not commercially registered will be liable for VAT for all charters within the EU.

No request is too large or detail too small on a yacht charter though it is wise to keep in mind the shipping costs should you request an expensive bottle of champagne to be transported to you whilst you are residing in a secluded bay of the Caribbean. It is important to understand the entire payment structure to ensure no unpleasant surprises arise and it is often prudent to keep an escrow account with your broker on shore in order to control charter costs without having to carry cash on board.

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How Much Does a Yacht Cost?

11th jul 2023 by samantha wilson.

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We hear the question, “How much does a yacht cost?” on a regular basis, and it’s a difficult one to answer. Much the same as with houses, the prices vary in a surprising way depending on size, style, age, and finish (not to mention location). We’re talking millions of dollars in price difference for yachts, as well, because there are yachts of many different sizes with all the same variations. But first, let’s tackle the more fundamental question, “What is a yacht?’

What Classifies as a Yacht?

To begin with, a yacht can be a sailing yacht or a motor-powered yacht. Merriam-Webster Dictionary defines it as “any of various recreational watercraft: such as a) a sailboat used for racing; b) a large usually motor-drive craft used for pleasure cruising.” Size is not technically part of the definition, but in modern practice, size has a whole lot to do with it.

Many in the industry classify a boat as a ‘yacht’ from 40 feet up to 70 feet, although there are others who will include vessels as short as 33 feet . Not too many years ago, yachts as small as 80 feet (24 meters) were considered superyachts, but with the proliferation of much larger yachts, 130 feet (40 meters) is a more common yardstick. Beyond that are megayachts, variously defined as beginning at 165 feet (50 meters) or 200 feet (60 meters). 

The point is, there are no hard-and-fast rules, and what may be one person’s pretty little 20-foot sailboat may be another’s luxury sailing yacht. And any shiny, private vessel 40 feet and up will be called a yacht by almost everyone.

While size is the main determining factor in labeling boats as yachts, amenities aboard also play a role. For example, yachts frequently have cabins and heads below allowing for overnight stays, as well as a galley, and plenty of deck space for leisure. 

The term ‘yacht’ has become synonymous with luxury, especially with the boom in huge superyachts across the world. But a yacht doesn’t have to be fancy. A sprightly 30-foot trawler yacht might look to some like a luxury palace, but Jeff Bezos and the guests aboard his brand new $500 million sailing yacht Koru would probably see it differently. 

Cost of Buying a Yacht

Looking for an average price across all types of yachts isn’t helpful either, with sizes of yachts varying from 30 to 300 feet. And that doesn’t take into account whether a boat is new or used.  Broadly speaking, in the United States you can often buy a small used sailing yacht for $15,000 or less, and you can expect that figure to go up to $50,000 or $100,000 for a small motor yacht. A larger motor yacht, or even a new 40-foot day boat, can easily run up to $1 million or more. Superyachts, of course, will cost multiple millions of dollars. 

Cost of Owning a Yacht

The cost of owning a yacht goes far beyond the initial purchase price, and even if you’re in the market for a small yacht, you’ll need to factor in the annual costs which include:

  • Marina fees: These will vary depending on your location and the size of the boat. Expect to pay from $5,000 for a yacht at the smallest end of the scale up to tens of thousands for larger yachts.
  • Insurance: As a general rule, you can expect to pay around 0.5 percent of the value of the boat annually. Check out our guide to boat insurance for more information. 
  • Maintenance and repairs: As a rough estimation you can expect to spend around 10 percent of the value of the boat on upkeep each year. This might be lower if it’s a new yacht.
  • Fuel: This will vary depending on how far you cruise and how large the yacht is.
  • Crew: Yachts up to 70 or 80 feet often don’t require a crew, but the larger the yacht, the more crew it will need. Crew salaries range from $3,200 per month for junior crew to $10,500 per month for captains and chief engineers. In general, a yacht of 80 to 100 feet in size will require a crew of between two and eight, while yachts between 100 to 200 feet will require between 8 and 20 crew members.
  • Depreciation: Brand new boats depreciate the most and the quickest, with most depreciating by 40 to 50 percent of their initial price over the first 8 to 10 years.

Read more about the Real Costs of Boat Ownership as well as Top Tips to Lower the Costs . 

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Types of Yachts per Cost

When we talk about yachts and their values, we usually refer mostly to the length of the yacht as that tends to be the identifying factor, but the style, engine size, and finish also play a huge role in determining how much they cost. Here we take a look at the average price differences between new and used yachts in the United States at varying sizes. 

How much is a small yacht? (25 to 40 feet)

A small yacht around 40 feet (often referred to as a cabin cruiser) is often considered an entry-level yacht, but a big step up from much smaller day boats. These are likely to have cabins, heads, and a small galley, and most offer the chance to spend weekends onboard. Prices will vary widely depending on whether it’s a used or new boat, and depending on the model, finish, and engines. New and recent-model yachts around 38 to 40 feet may cost anywhere from $250,000 to over $1 million, while the price of older models is often substantially lower. The average price in the United States for all new and used yachts sold between 36 feet to 45 feet was $238,000 according to the Boats Group Market Index of 2022.

When we’re looking at smaller yachts around 25 to 30 feet , these are unlikely to have cabins and so are considered day cruisers. Motor cruisers between 25 and 30 feet range from $70,000 for an almost-new model to well over $100,000 for a brand new one. Of course, yachts with smaller engines and simpler layouts will have considerably lower price tags, but those with premium finish and accommodations may cost much more—for example, a new Ranger 29 (pocket trawler) starts at over $350,000. See our guide to the different types of boats for a better understanding of what is available and what might be right for you. 

How much is a medium-sized yacht? (40 to 70 feet)

Mid-sized yachts that fall within the 40- to 70 -foot category vary in price from around $250,000 to well beyond $4 million, a figure that depends on the size, model, finish, engines, and extras, as well as whether it’s a brand new boat or used. According to the Boats Group Market Index of 2022, the average yacht price in the United States of vessels 46 to 55 feet was $467,899 with 2,273 boats sold, while the average price for yachts in the 56 to 79 foot category was $1.18m with 997 sold in 2022. 

Yacht prices vary a lot depending on whether the yacht is new or used. As an example, the base price for a new Viking 58 is $4.1 million, a three-year-old model can be purchased for $3.5 million for, and a 10-year-old model for $600,000. Check out our new and used luxury yachts for sale on Rightboat for more comparisons. 

woman on a yacht

How much is a sailing yacht?

Long before the combustion engine was invented, yachts (or sailboats) graced our oceans for centuries. While these days we tend to think of yachts as the luxurious motor vessels that far outnumber their sailing counterparts, sailing yachts have their own class. As we’ve seen with motor yachts, the size, age, and finish of a sailing yacht will determine the price tag, with prices ranging from $5,000 to several million dollars—and much more for superyachts. The largest sailing yacht in the world is Sailing Yacht A , which cost an estimated $600 million and measures 470 feet in overall length. 

When referring to larger sailing yachts—and by larger we are talking about 100-foot yacht prices—there is a “rule of thumb” estimate of $1 million per 3 feet in length. So a 100-foot yacht may cost in the region of $30 million. But sliding back down the length ladder, it’s possible to pick up a small, used sailing yacht for a fraction of that. A 55-foot yacht that has been sailing for a few years may sell for around $700,000, whereas a new one could easily retail for $2 million or more. An older (30 to 40 years) sailing yacht of 30 to 35 feet might cost only about $25,000 while a brand new one might cost $250,000 and more. See what you can get for your money with our sailing yachts for sale on Rightboat. 

How much is a luxury yacht or superyacht?

Superyachts are some of the most luxurious vessels on the sea, and they don’t come cheap. As mentioned, yachts above 78 feet (24 meters) are accepted by many as superyachts; when they range up over 165 or 200 feet, some in the industry refer to them as megayachts. This term is still debated in some quarters, so you may hear yachts over 300 feet referred to as superyachts too.

Superyachts require a full time crew to manage them, and this adds considerably to the overall cost of running such a large vessel. Given that, how much does a superyacht cost? The costs vary, with some estimates of up to $1 million per foot of length to build a new top-of-the-line custom superyacht. Used superyachts will cost less than a new build, and you may be able to buy a 10-year-old, 90-foot superyacht for around $2.5 million—although most owners will engage in a significant and costly refit every 10 years. Models less than five years old will be closer to the $4 million mark, while a brand new one will cost around $9 million. Check out our listings for superyachts for sale all across the world. 

luxury yachts

How much is a megayacht?

When we reach megayacht status, prices skyrocket along with the length of the vessels and the volume of the interiors. The largest megayacht in the world is currently Azzam, 590 feet long at a cost of $600 million to build. Yachts in this class are the most luxurious in the world, and feature large swimming pools, helicopter pads, huge guest and crew accommodations, beach clubs, and much more. The upkeep of vessels of this size can run to $20 million or more for the crew fees, fuel, mooring fees, insurance, food, and maintenance. If you want to set eyes on the world’s most astounding superyachts and megayachts check out our superyacht travel guide to where you might find them, or use our search to discover megayachts for sale . 

Written By: Samantha Wilson

Samantha Wilson has spent her entire life on and around boats, from tiny sailing dinghies all the way up to superyachts. She writes for many boating and yachting publications, top charter agencies, and some of the largest travel businesses in the industry, combining her knowledge and passion of boating, travel and writing to create topical, useful and engaging content.

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how much does a super yacht cost to run

How Much Does It Cost to Go on a Superyacht?

Posted June 27, 2022 in Charter by Janine St.Denis

Yacht charters have become popular in recent years because they offer all the same amenities of renting a gorgeous luxury villa without the crowds and impersonal vibe of cruise travel. You have ownership of the yacht for the duration of your trip, which adds a layer of freedom that appeals to adventure seekers around the world. A yacht charter is the ultimate luxury experience. 

Depending on the size, amenities, and condition of the yacht, superyachts can cost anywhere from $4,000 /week to over $2 million /week plus expenses.

In this article, we’ll detail the differences between a yacht and a superyacht and explore how much it is to go on a superyacht . 

What’s the Difference Between Yachts and Superyachts?

Yachts come in several classifications, which means you have a variety to choose from.

What Is a Yacht?

A yacht is a recreational sea vessel used for entertainment, like cruising, water sports, or fishing . At a minimum, a yacht includes sleeping quarters, a kitchen, and a bathroom. There is no set standard definition, but the term applies to a ship with amenities that can accommodate overnight use.

What Is a Superyacht?

Superyachts are the gold standard in luxury yachting. They can accommodate six passengers at a minimum, but often host more than 10 passengers and a robust crew. Many superyachts have a variety of deluxe amenities like: 

  • Swimming pools
  • Tennis courts
  • Outdoor cinemas
  • Helicopter pads 

What Is Included in the Price of a Superyacht Charter ?

Superyacht charter prices are typically quoted at weekly rates. This will account for about 60–70% of the total cost. For a superyacht, expect to pay $100,000 or more per week. 

Charter prices include: 

  • Yacht rental
  • All equipment and amenities 
  • Crew salary
  • Additional services

The more extravagant your vessel, the more you can expect to pay. 

What Is Not Included in the Price of a Yacht Charter?

Yacht charters are generally “all-inclusive,” but this doesn’t include things like tips and taxes. Here is a list of a few things that are not included when you rent a superyacht: 

  • Advance Provisioning Allowance (APA). APA covers provisions while onboard, including any specific requests you may have and several variable costs (including port fees, excursions, etc.). It’s a standard system managed by your captain. The crew uses this allowance to purchase products of your choosing and for taxis, communication fees, port fees, and other expenses that are difficult to budget for ahead of time.
  • Taxes and VAT rates. Taxes are not included in superyacht charter prices. You will also be subject to VAT rates when chartering a yacht in Europe. 
  • Crew gratuity. Your superyacht will come with an expansive and experienced crew. You’ll want to factor their gratuity into your overall costs. They’re at your service nearly 24/7, so it’s customary to leave them a tip at the end of your charter.

Yacht Charter Costs To Consider

Here are a few other factors that may influence how much your yacht charter is :

  • The size of the yacht. You’ll pay a weekly rate of $100,000 or more for a superyacht charter rental. If you want something smaller, the price varies between $20,000 and $80,000. For a megayacht rental (much bigger than a superyacht), you can expect to pay upwards of a million dollars. The larger the yacht, the higher the cost.
  • Seasonal influences. Depending on the destination, certain times of year are more expensive than others. For example, the Caribbean costs more during the winter, whereas in the Mediterranean, the summer months are pricier. 
  • Exotic destinations. Exotic destinations cost more. The Galápagos Archipelago is a great example. Since yacht fleets are limited there, prices are higher. The Mediterranean is easier to access and thus less expensive.

Book Your Superyacht Charter with Northrop & Johnson Today

There’s nothing quite like sitting on the deck of a superyacht with a glass of bubbly and the sun and sea spray on your skin. It’s an experience you’ll cherish for a lifetime. 

Northrop & Johnson is committed to making your dream superyacht vacation come to life. Our staff will tailor every aspect of your trip to your specific needs and desires. You choose the destination and the menu, and we’ll handle the rest. With Northrop & Johnson, you can handpick your lifeguard, massage therapist, bartender, and more, and we’ll accommodate any cleaning or hygiene requests you may have. 

Contact Northrop & Johnson today to book your superyacht charter vacation . Our experienced team will walk you through the booking process and help you design a personalized yachting experience you’ll love. 

Looking for more than a luxurious vacation? Check out superyachts for sale and say hello to a new, adventurous life!

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COMMENTS

  1. Superyacht Cost Calculator

    Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel ...

  2. How Much Does It Cost to Run a Superyacht?

    For example engine size, maximum speed, size of the crew, and size of the yacht. The average amount of running a Superyacht annually is 10% of the yacht's value. In a 2015 report by Towergate insurance, on average, a 100-meter Superyacht with a top speed of 25 knots and 50 crew members should cost around $274 million per annum.

  3. What does it cost to run a super yacht?

    To cover the running and maintenance costs of a super yacht it is recommended that you allow some 10-12% of the purchase cost, meaning a £50 million pound yacht is likely to cost around £5 million a year to run and maintain. For some of the largest yachts it has been reported that it could be costing their owners over €50 million a year to ...

  4. The Real Costs of Owning a Superyacht [Complete Guide]

    Using their most recent article as a guide, a crew of eight full-time crew on a 150-foot yacht will cost over $650,000 per year in salary alone. Get a complete crew cost breakdown. Dockage - Unless the owner plans to spend the year at anchor, then keeping the yacht in a marina incurs a significant cost. Dockage is normally sold per foot of ...

  5. How Much Does it Cost to Run a Superyacht? (The True Cost)

    The size and amenities of the yacht, the destination and duration of the trip, and the owners preferences all play a role in determining the true cost of running a superyacht. Generally speaking, the cost of running a superyacht can range from around $500,000 to $5 million or more per year.

  6. The hidden costs of owning a superyacht

    Julia Skoptsova, founder of brokerage firm Smart Yachts, estimates that the cost of insuring a 50-meter (164 foot) yacht is around €60,000 ($73,000), while fuel costs could run up to €232,000 ...

  7. Can I Afford a Super Yacht?

    Dockage fees can run about $350,000 and administration about $70,000. Maintenance and repairs can be in the millions, as can crew salaries. The upkeep of the 590-foot super yacht Azzam, owned by ...

  8. How much does a superyacht cost

    How much does a new build superyacht cost? 26 August 2021 • by Nic Robinson. The average cost of a superyacht has shifted little in 10 years. And as Nic Robinson finds out, some size categories show more consistency than others.

  9. PDF How Much Does It Cost to Run a Superyacht?

    How Much Does It Cost to Run a Superyacht? Superyachts range in size starting from around 24m with the largest in the world reaching nearly 200m; ... the itinerary and requirements of the yacht. Crew costs include salaries, training, living expenses whilst crew are on board, travel expenses, and insurance. ...

  10. How to Run a $14 Million Superyacht

    Superyachts are like floating mini cities, equipped with a power plant, a water treatment center and massive diesel engines. There are huge costs to maintain...

  11. How Much Does A Superyacht Really Cost To Run?

    Total: ~ $13 million. If you add up the initial cost of your 100-foot superyacht and your yearly expenses you're looking at roughly $13 million for the first year, then around $2.1 million every year after to maintain it (assuming you pretty much live aboard and minus the purchase costs of the berth & yacht). So the short answer? A fuckload.

  12. How Much Does it (Really) Cost to Own a Yacht?

    How much does it cost to maintain and run a mega yacht? A 180-foot superyacht and/or mega yacht costs a minimum of $4.75 million per year to operate and maintain. Kitty McGowan of the US Superyacht Association estimates an annual budget of $1 million for maintenance and repairs, $350,000 for dockage, $240,000 for insurance, $400,000 for fuel ...

  13. How Much Does a Superyacht Cost?

    The cost of crew salaries can vary greatly, but as a general rule, budgeting for around 30 percent of the yacht's value per year is a good place to start. Luxury Amenities: Of course, one of the biggest draws of owning a superyacht is the lavish amenities it offers.

  14. How Much Does A Superyacht Really Cost?

    So just how much does a superyacht cost? The reports finds that on average, a 100-meter superyacht with a top speed of 25 knots and 50 crew members should cost around $275 million. Considering the ...

  15. Billionaires' Superyachts Are Bigger and More Luxurious Than Ever

    (His main yacht, Koru, cost a reported $500 million.) Support yachts are also faster, meaning the crew can get to a destination first and set up the Jet Skis, seapools, and the like, Dazert said.

  16. Yacht Operating Cost Calculator

    How much does it cost to run a private yacht? The cost to run a private yacht can vary widely based on factors like size, fuel consumption, crew salaries, maintenance, and other operational expenses. It could range from tens of thousands to hundreds of thousands of dollars per year.

  17. How Much Does a Yacht Cost to Build?

    At approximately 13,136 gross tons (GT), that would have made her around $45,676 per GT. REV, on the other hand, which while still in construction is set to surpass Azzam as the largest yacht in the world at an impressive 602ft, is estimated to be costing around $350m to build. Her weight is thought to be around 17,440 GT, putting her at ...

  18. What is the cost of crew on a Superyacht

    Here are some things to consider when budgeting for crew costs on a superyacht: Captain: The captain is the most senior crew member on a superyacht and is responsible for the overall operation and management of the vessel. Captains typically have a lot of experience and qualifications, and their salaries can range from $100,000 to $200,000 per ...

  19. The Real Cost of Owning a Yacht

    Many owners of 70' and larger yachts prefer to have full-time crew aboard to help them run the vessel. Naturally, this can cost quite a bit. Even if you can run your own yacht, however, you may want to consider bringing in a crewmember or two simply to take care of the many daily maintenance chores required for large, expensive yachts.

  20. Yacht Charter Costs Explained

    This contract is often referred to as a "plus all expenses" contract and requires that the charterer pay for fuel, food, beverages and dockage fees as an additional expense outside of the base charter fee. Typically, guests can accumulate an additional 25% to 50% of the base charter fee though this is dependent on what is consumed.

  21. How Much Does It Cost To Run a Super Yacht?

    Many millionaires love traveling on Super Yachts so much that many have reported spending millions renting some super-yachts for just a week or two! With tha...

  22. How Much Does a Yacht Cost?

    Broadly speaking, in the United States you can often buy a small used sailing yacht for $15,000 or less, and you can expect that figure to go up to $50,000 or $100,000 for a small motor yacht. A larger motor yacht, or even a new 40-foot day boat, can easily run up to $1 million or more. Superyachts, of course, will cost multiple millions of ...

  23. How Much Does It Cost to Go on a Superyacht?

    The size of the yacht. You'll pay a weekly rate of $100,000 or more for a superyacht charter rental. If you want something smaller, the price varies between $20,000 and $80,000. For a megayacht rental (much bigger than a superyacht), you can expect to pay upwards of a million dollars. The larger the yacht, the higher the cost. Seasonal ...

  24. NVIDIA Blackwell Platform Arrives to Power a New Era of Computing

    Powering a new era of computing, NVIDIA today announced that the NVIDIA Blackwell platform has arrived — enabling organizations everywhere to build and run real-time generative AI on trillion-parameter large language models at up to 25x less cost and energy consumption than its predecessor.