how much for a luxury yacht

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Yachts for Sale

For aspiring yacht owners looking for a luxury yacht for sale, we have put together a fine selection of luxury yachts and megayachts for sale from all over the world. Search BOAT International's collection of superyachts for sale and filter by type, length, asking price or age. Narrow the results by selecting specific features, or browse by speed, designer and much more.

Explore luxury yachts for sale

Search for everything from motor yachts for sale from renowned Dutch yards including Feadship and Heesen , premium Italian names including Azimut , Sanlorenzo and Benetti , popular British builders Sunseeker and Princess , and American megayachts for sale from US yards such as Westport .

Our collection also features sailing yachts for sale from legendary names such as Royal Huisman , Perini Navi , Nautor's Swan and Jongert , as well as some of the most well-known explorer yachts for sale .

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Superyachts For Sale

466 luxury yachts for sale from around the world

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Royal Denship

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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. 😊

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• Charter Advice

How much does it cost to charter a yacht?

There are many things to consider and first time charterers can be left confused, that's why we've created a comprehensive guide to yacht charter prices (with a checklist).

The good news: It’s easy to grasp the basics of yacht charter pricing. And with one of our experts in your corner, we can help you more accurately estimate the cost of your next once-in-a-lifetime vacation.

The cost of a yacht charter is dependent on a number of factors, including the type of yacht, the charter destination, local taxes, and the base cost. (If the yacht has a celebrity owner, well that too, can add to the cost.)

Therefore, yacht charters have a wide range of base prices. That’s why charters can cost from $10,000 per week on smaller sailing yachts and catamarans, up to $150,000+ per week on the most luxurious motor superyachts.

What else can you expect to pay? This overview – a part of our planning resource, the Charter Advice Guide – offers an in-depth look at charter yacht costs.

Yacht Charter Price Structure: “All-Inclusive” vs “Plus Expenses”

In the world of yachting, two types of crewed yacht charters are available to you – “All-Inclusive” and “Plus Expenses” charter experiences. What do these terms mean exactly? Here’s a quick look:

• All-Inclusive Yacht Charters – Some charters (mainly catamaran and monohull charters in the Virgin Islands) offer all-inclusive rates. That means rates are based on the number of guests, and they include all food and drink, water sports, and fuel costs. Dockage and taxes, though, are usually charged separately.
• Plus Expenses Charters – Rates for larger motor yachts do not include running expenses, which must be paid separately. For these luxury charters, the base price is for the yacht only. Additional expenses, i.e. food, bar, fuel, dockage, port taxes, and other expenses, are charged separately. Most frequently, the running expenses are paid by an Advance Provisioning Allowance, or APA, which is typically 35% of the base price; this is an amount that’s paid prior to the charter.

Our chart below offers a quick overview of what’s included in both of these types of charters.

Average Yacht Charter Cost: Base Prices

What can you expect to pay for a catamaran, a sailing vessel, or motored yacht? Here’s a quick overview of the average cost to rent a yacht (not including extra expenses) for the most common types available:

Factors that Affect Yacht Charter Prices

Since charter yachts are privately owned, prices are set by the owner. This can explain, in part, the wide range of differences in price between boats of similar lengths. Yet, several other factors can significantly impact price, including:

• The Yacht – The year the boat was built, the builder, previous owners, and the boat’s selection of water toys can also increase the cost of a yacht. Boats can also develop a reputation, i.e. the largest or most luxurious, or having a famous builder or previous owner. Reputation can also affect pricing.
• Season – Prices typically increase in the high season – i.e. high summer in the Mediterranean or winter in the Caribbean – and decrease in low seasons.
• Destination – Your charter destination also plays a role in charter cost. For example, prices increase in areas without large charter fleets (i.e. the Galapagos), whereas Bahamas yacht charters,   BVI charters , or Mediterranean yacht charter are priced more competitively.

Additional Costs Considerations on Yacht Charter

In addition to the cost associated with running the yacht and provisioning, there are a number of other costs that must be considered. These are the most significant:

Advanced Provisioning Allowance

The APA on Plus Expenses charters equals roughly 35% of the yacht’s base price. This is a fee that’s collected prior to charter, and it’s similar to an expense account the captain can access during the charter. At the end of the charter, you will receive a detailed accounting of your APA account, plus any unused APA funds in cash.

In the case of overages, you may be required to replenish the APA account during the charter. This can be done with cash, although many choose to set up accounts with their charter brokers , which can be accessed if requested by the captain.

Taxes and Value Added Tax (VAT)

Most boats – whether all-inclusive or Plus Expenses – will not include local taxes or a Value Added Tax into their charter rate. The charterer will be responsible for paying those taxes. Taxes range significantly by destination; here’s a look at some of yachting’s most popular destinations:

• The Bahamas – Tax: 4% plus 10% VAT
• BVI – Tax: between $6 and $16 per person per day, depending on the flag of the boat
• Croatia – VAT: 13%
• Florida – Tax: 6% for Broward County, 7% for Miami-Dade County
• France – VAT: 20%, however, 10% can be applied when an itinerary includes International Waters
• Greece – VAT: 12%
• Italy – VAT: 22%, however 6.6% (over 24m) and 8.8% (under 24m) can be applied when an itinerary includes International Waters
• Montenegro – NO VAT
• New England – NO TAX
• Spain – VAT: 21%
• Turkey – NO VAT

Charterers can purchase cancellation and curtailment insurance – which is similar to traveler’s insurance. This insurance can help cover costs if a charterer must cancel or shorten the charter. Charter brokers can help you weigh insurance options, and often offer several different options.

Crew Gratuity

While crew gratuity is certainly not mandatory, it is recommended, particularly if you were truly impressed with your charter experience. In general, crew gratuity is roughly 15-20% of the base charter rate, which is handed to the captain at the conclusion of your charter.

Delivery Fees

While these fees do not apply on most charters, you may be asked to pay delivery costs if you are not chartering in the yacht’s normal cruising ground. In most cases, you will only be required to cover the fuel for the trip.

Call Worldwide Boat today to learn more. Our Charter Specialists are here to assist you with every detail and explain all charter costs. Or read our Charter Advice guide for more information and tips for planning your charter vacation.

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282.2ft / 84m

278.1ft / 83m

239.6ft / 71m

Serenity 236

236.3ft / 70m

Additional Charter Cost FAQs

What are standard private charter yacht prices?

There are a number of factors that affect charter yacht pricing. However, on average, a week-long private yacht charter costs anywhere from $10,000 on luxurious sailing yachts and catamarans, and up to $150,000 for superyachts.

What affects charter yacht prices?

There are several things that influence how much your yacht charter will cost. The type of vessel, charter destination, length of trip, base cost, time of year, and local taxes all make a difference.

How much does it cost for a crewed vessel?

Charter yacht prices do increase when hiring a crew along with the boat. At Worldwide Boat, we offer two types of crewed charter experiences: all-inclusive and plus expenses. An all-inclusive charter yacht includes accommodation for all guests, food and drink, water sport activities, and fuel costs – dockage fees and taxes are charged separately. A plus expenses experience accounts for just the yacht’s base price. Things like food, drinks, fuel, dockages, taxes, and other expenses are charged separately and are usually estimated to be about 35% of the base price.

What’s included in all-inclusive boat charters?

At Worldwide Boat, your all-inclusive charter experience includes a diligent and friendly crew, water toys, food, drinks, fuel, water and electric services, and occasionally diving experiences.

What are some additional charter boat costs to consider?

After finding a base price you’re comfortable with and evaluating your package, you’ll also want to consider delivery fees, crew gratuity, insurance fees, taxes, and Advanced Provisioning Allowance rates. If you are responsible for these fees, your crew will handle the necessary transactions on your behalf.

What does it cost to rent a 100- foot yacht charter?

This depends on what type of vessel you’re looking at and how long you’ll need it for. The average weekly cost of a 100-foot sailing yacht is between $50,000-100,000. A weekly 80-foot catamaran charter runs around $40,000-100,000, and a week-long 100-foot motor yacht rental is anywhere between $50,000-80,000.

Does the price to rent a yacht change depending on what type of boat it is?

Yes. Worldwide Boat offers sailing yachts, catamarans, and motor yachts. All of these vessels have different capabilities, but there are other factors that determine the price beyond what type of boat you choose. The year the boat was built, owner, availability of water toys, onboard amenities, and the ship’s reputation can all change how much the ship is priced at.

When is the high season for yacht charters?

The price of a yacht fluctuates depending on the season. A Mediterranean yacht charter cost rises in the summer and drops in the winter, whereas Caribbean boat charter prices are high during the winter and lower in the summer months.

How does my destination affect charter yacht cost?

The more remote an area is, the more expensive it will be to charter a yacht there. That’s because prices go up in areas that have fewer boats. If you were to travel somewhere like the Galapagos, which isn’t a typical yacht destination, you’d pay more than you would if you were traveling to the Caribbean.

How much do I tip the crew when reviewing my yacht charter expenses?

It’s not required that you tip your crew, but it is recommended and appreciated. If you had an enjoyable experience it’s considered polite to tip your crew anywhere from 15-20% at the end of your charter.

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How Much Are Luxury Yachts? (Buying & Owning 2023)

Luxury yacht options can range from smaller luxury vessels to massive superyachts that boast numerous amenities and state-of-the-art technology. When you're planning to purchase one, be prepared for a significant investment, as these majestic boats can cost hundreds of millions. For instance, Amazon tycoon Jeff Bezos paid upwards of $498 million for his superyacht.

A small luxury yacht costs $1 million to purchase and $142,000 annually to maintain. A medium-sized luxury yacht has a $10 million purchase price and $498,000 in annual maintenance expenditures. A large, luxurious yacht costs $50 million to purchase and $2,140,000 to maintain each year.

High-quality materials and craftsmanship, advanced and cutting-edge technology, and a wide range of spaces and unique features are what make luxury yachts expensive. Let's find out more about the full spectrum of costs associated with buying and owning a yacht.

• You can buy small, used luxury yachts for as little as $50,000, medium ones for $1 million, and large used ones for $10 million.
• You may negotiate with dealers of luxury yachts like Burgess Yachts and Fraser Yachts to get the best price for your budget.
• Maintenance and repairs of luxury yachts can cost from $100,000 to $13 million or more per year.

On this page:

Luxury yachts cost, ongoing ownership costs of a luxury yacht, why luxury yachts are expensive, types of luxury yachts, important considerations before buying.

As you begin your journey into the world of luxury yachts, you need to consider several factors when deciding on the initial purchase. In this section, we'll focus on two key aspects: New Versus Used Yachts and Dealer Prices.

These are just general estimates, and the actual cost of a new or used luxury yacht can vary widely depending on a variety of factors, including the shipyard that built it, the materials used, the level of customization, and the age and condition of the vessel.

New luxury yachts

Purchasing a new yacht allows you to customize it according to your own taste and requirements. You will benefit from the latest technology, design, and features. However, this option also comes with a higher initial cost, and you may experience depreciation in the first few years.

How much does it cost to buy and own a 50-foot yacht ? Here's our detailed article on it.

Used luxury yachts

Buying a used yacht can be a more budget-friendly option. You can find a high-quality vessel at a lower price, especially if it is well-maintained and has low usage. The downside, however, may involve additional costs for refurbishments, upgrades, or repairs that a new yacht wouldn't need.

Dealership prices of yachts

You might notice that prices can vary significantly between dealerships and even between different yachts of similar sizes and features. Below are some of the top yacht dealerships in the world. You can contact them directly for more information on their current inventory and pricing.

Burgess Yachts : Burgess is one of the world's leading yacht brokerage firms, with offices in London, Monaco, New York, and other locations. They offer a wide range of luxury yachts for sale, including new and used vessels in various sizes and styles.

Fraser Yachts : Fraser is another leading yacht brokerage firm, with offices in Monaco, London, and other locations. They specialize in the sale and purchase of luxury yachts, as well as yacht management and charter services.

Northrop & Johnson : Northrop & Johnson is a global yacht brokerage firm with offices in the US, Europe, and Asia. They offer a wide range of luxury yachts for sale, as well as charter and management services.

Camper & Nicholsons : Camper & Nicholsons is one of the oldest and most respected yacht brokerage firms in the world, with offices in Europe, the US, and Asia. They specialize in the sale and purchase of luxury yachts, as well as yacht management and charter services.

Ocean Independence : Ocean Independence is a global yacht brokerage firm with offices in Europe, the US, and Asia. They offer a wide range of luxury yachts for sale, as well as charter and management services.

To ensure that you find the best deal, take the following steps:

Negotiate : Don't be afraid to negotiate with dealerships to get the best price possible. You can leverage your research to make well-informed offers.

Consider additional costs : Remember to factor in other fees associated with purchasing a yacht, such as taxes, documentation, and registration. Always calculate the total cost of ownership, including ongoing expenses like fuel, dockage, insurance, maintenance, and crew salaries.

If you want to buy and own a small yacht , here's how much it costs.

In this section, we'll cover four significant ongoing ownership costs: Maintenance and Repairs, Berthing and Storage, Crew Costs, and Insurance.

Maintenance and repairs of luxury yachts

Typical expenses include cleaning, annual haul-outs, painting, and engine maintenance. According to United Yacht Sales, the cost of ownership for a 60-foot, $1 million yacht is roughly 10% of its value , or $100,000 per year if it's over ten years old. This figure can vary depending on the age and model of your yacht.

Berthing and storage of your yacht

Berthing costs depend on factors such as the size of your boat and the location of the marina. Prime marinas in popular areas can be more expensive. 26 North Yachts suggests that you can minimize these expenses by refueling away from popular marinas and cruising at recommended speeds.

Crew costs when owning a luxury yacht

Crew salaries, benefits, and training can add up quickly. Factors influencing crew costs include the size of your yacht and the number of crew members required for its operation. It's essential to budget for these expenses to ensure a pleasant and safe yachting experience for you and your guests.

Insurance for your yacht

Premiums vary widely depending on factors such as the yacht's value, construction materials, intended use, and cruising areas. Always consult with a reputable marine insurer to determine the appropriate coverage for your particular yacht and usage pattern.

If you want to get a feel of a yacht before buying, you may want to charter first. Here's how much it costs to rent a yacht .

Highest quality materials and craftsmanship

The exterior is made from premium materials like lightweight but strong aluminum, carbon fiber, or high-grade steel . The interior usually features luxurious woods, rare marbles, plush fabrics, and bespoke furniture pieces , creating an elegant and comfortable atmosphere for you and your guests. Furthermore, the construction process involves advanced engineering and skilled professionals , ensuring your yacht meets the highest safety and performance standards.

State-of-the-art technology onboard

As the owner, you can expect advanced navigation and communication systems , as well as cutting-edge entertainment options . Your yacht may be equipped with high-end audio and video systems, satellite TV, Wi-Fi, and even underwater lighting for nighttime enjoyment. Additionally, the engine and propulsion technologies are designed for maximum efficiency and reliability. These advanced features come at a cost, but they significantly enhance your yachting experience.

Wide range of spaces and amenities

Depending on the size of your yacht, you may have multiple decks, spacious staterooms, a gourmet kitchen, and a variety of indoor and outdoor social spaces . Many yachts offer unique features like a cinema, gym, spa, or even a helicopter landing pad . The level of customization and attention to detail when designing and outfitting these spaces contributes to the overall cost of the yacht.

When it comes to luxury yachts, there are mainly two categories to consider for your ultimate yachting experience in 2023. In this section, we'll explore two types of luxury yachts: Motor Yachts and Sailing Yachts.

Motor yachts

Motor yachts are the epitome of luxury, offering a perfect balance of style, comfort, and performance. These yachts come in various sizes, ranging from 24m (79ft) to more than 180m (590ft). Their spacious interiors provide ample room for relaxation, entertainment, and accommodation, making them ideal for extended cruises or even as a floating home.

Motor yachts are equipped with state-of-the-art technology, allowing for smooth navigation and automated systems to ensure your complete comfort while on board. Some of the features you can expect to find in a motor yacht include:

• Luxurious living spaces with high-end furnishings
• Spacious decks for sunbathing and al fresco dining
• Gourmet kitchens with professional appliances
• Fitness centers, spas, and even swimming pools on larger yachts
• A wide array of water toys, such as jet skis, paddleboards, and tenders.

Sailing yachts

For those who have a passion for the open seas and seek a more authentic sailing experience, sailing yachts offer the perfect blend of luxury and adventure. While these yachts can range in size and design, they typically emphasize elegance and craftsmanship, featuring beautiful woodwork and traditional rigging.

Sailing yachts may require more hands-on involvement from their owners compared to their motorized counterparts, but this can be a rewarding experience for true sailing enthusiasts. You'll feel the thrill and excitement of harnessing the wind to propel your vessel, exploring new destinations, and reconnecting with nature. Some key features of sailing yachts include:

• Expansive outdoor areas for relaxing and enjoying the view
• Stylish and comfortable cabins
• Functional entertainment and dining areas
• A variety of sail configurations and rigging systems
• Environmentally-friendly design, relying on wind power for propulsion.

If you want to gain experience firsthand, you may charter a superyacht for a reasonable price.

First, determine the type and size of motor yacht that best meets your needs. Consider factors such as amenities, living space, and performance. Narrow down a size range and think about the type of experiences you're looking for.

Budget is another crucial aspect to plan for. Owning a luxury yacht can be expensive, as the cost of ownership can be up to 10% of its value annually. Set a budget, and stick to it to avoid any financial difficulties in the future. Be sure to consider maintenance, crew salaries, and fuel expenses.

Before buying your dream yacht, it's essential to try before you buy . Conduct a charter or a sea trial to get a feel for the yacht and ensure you're happy with the performance and amenities. This hands-on experience is invaluable in the buying process.

Working with a trusted dealer or broker is key. They should understand your needs and preferences, guiding you through the buying process.

Finally, prioritize safety . Before setting sail on your luxury yacht, take a boating safety course, and ensure that all necessary safety gear is on board . A well-maintained, safe yacht will provide you with peace of mind and allow you to fully enjoy your time spent on the water.

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MOONLIGHT II

EUR 68,000,000

• Length: 91.4m (299.9ft)
• 36 guests in 18 cabins
• Built: 2005 (refitted 2020), Neorion Syros Shipyards, Greece

EUR 124,950,000† (EU VAT paid)

• Length: 90.1m (295.5ft)
• 14 guests in 7 cabins
• Built: 2010 (refitted 2024), Lurssen-Werft, Germany

HERE COMES THE SUN

EUR 199,000,000†

• Length: 89m (291.9ft)
• 20 guests in 10 cabins
• Built: 2017 (rebuilt 2021), Amels, The Netherlands

O'PTASIA

EUR 89,999,000

• Length: 85m (278.8ft)
• 23 guests in 10 cabins
• Built: 2018, Golden Yachts, Greece

EUR 79,750,000† (EU VAT paid)

• Length: 80m (262.5ft)
• 18 guests in 9 cabins
• Built: 2007, Oceanco, The Netherlands

EUR 89,000,000†

• Length: 78.4m (257.2ft)
• 13 guests in 6 cabins
• Built: 2011 (refitted 2023), Abeking & Rasmussen, Germany

Price on application

• Length: 77.8m (255.2ft)
• Built: 2022, Amels, The Netherlands

PROJECT 825

• Length: 75.8m (248.6ft)
• 12 guests in 6 cabins
• Built: 2025, Feadship, Royal Van Lent, The Netherlands

EUR 55,000,000† (EU VAT paid)

• Length: 70.6m (231.6ft)
• 14 guests in 6 cabins
• Built: 2011, Proteksan Turquoise, Turkey

EUR 24,800,000 (EU VAT paid)

• Length: 70.6m (231.4ft)
• Built: 2002 (refitted 2022), Royal Denship, Denmark

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At Burgess, we always go the extra mile to find your perfect yacht and are here to guide you every step of the way during the process of buying a yacht. From securing private viewings to sourcing the best luxury yachts for sale from around the world, our expertise is your guarantee.

Access to luxury yachts unavailable on the open market

We don’t just have access to the largest public inventory of new and pre-owned luxury yachts to buy on the market, we shortlist your selection from a wide-reaching network of yacht owners to ensure you only ever get the yacht that you truly want.

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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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The Price Tag of Luxury: How Much Does a Yacht Cost?

In the realm of luxury living, only a few icons symbolize the epitome of luxury and adventure, like a majestic yacht. However, one question stands. How much does a yacht cost? A diverse array of styles, sizes, and amenities can be found on luxury yachts. Therefore, the cost of owning one can vary significantly.

Fortunately, there is a general method of evaluating the cost of purchasing and maintaining a yacht. Yacht Management South Florida, Inc. We are renowned for delivering the best yacht management services across South Florida.

Our expert team has years of experience in the industry, providing reliable and accurate information for anyone looking to enter the yachting world. We have crafted a comprehensive guide to streamline and understand the total costs of yacht ownership. 

How Much Does It Cost to Buy a Yacht?

As mentioned previously, the cost of a yacht varies depending on many factors, such as size, brand, age, and condition. Yachts can come in a wide range of sizes, from vessels under 40 feet to superyachts that exceed 100 feet in length. Yachts th

at are smaller in size can be purchased for a few hundred thousand dollars, making them more affordable for first-time boaters or those with a smaller budget for their recreational boat. Vessels that exceed 100 feet tend to cater more towards the boating elite, and the cost can reach millions of dollars due to the extensive craft and luxury. 

In addition to the initial cost of a yacht, prospective yacht owners must keep in mind the ongoing expenses of owning a boat, including: 

• Maintenance
• Crew salaries
• Dockage fees
• And more These operational costs can vary significantly depending on the size of the vessel. Still, the rule of thumb is to estimate 10% to 20% of the yacht’s purchase price to operational maintenance costs annually. 

How Much Is a 100-Foot Yacht? A 100-foot yacht is the ultimate epitome of luxury in the yachting world. Any vessel above 100 feet offers unparalleled space, comfort, and features to provide a supreme escape out to sea. However, such luxury comes with great responsibility and a hefty price tag. On average, a luxury superyacht can cost tens of millions, especially for a reputable yacht manufacturer. Remember, these prices for more lavish and technologically advanced yacht models can drastically increase.

Yacht Maintenance Costs Effectively maintaining a yacht, specifically in a maritime haven like South Florida, entails various maintenance tasks such as yacht hull painting, fiberglass yacht repair, and gelcoat blister repair. Yacht owners must budget themselves accordingly for routine yacht upkeep, repairs, and cosmetic enhancements. Regular maintenance is imperative for South Florida yacht maintenance to preserve your vessel’s longevity due to the salty air and warm climate. As yacht costs vary, yacht maintenance costs can also fluctuate depending on a vessel’s specific needs.

 Ensuring that you prioritize basic yacht upkeep tasks is essential for keeping your boat in top-notch condition. 

Our South Florida Yacht Management Services Understanding the cost of a yacht is important, but being aware of the costs associated with yacht maintenance is equally important for yacht owners. Yacht Management South Florida, Inc. is prepared to assist yacht owners in understanding the crucial yacht maintenance services their yacht requires.

Contact us today to learn more about how we can tailor our services to meet all of your yacht maintenance needs and have peace of mind that your vessel is in expert hands. 

Related Readings: Breaking Down Our Yacht Management Services in Fort Lauderdale Maintaining a Clear Coat for Fiberglass Boats

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Find out more about the CharterWorld company here or read recent client recommendations . We have every crewed luxury superyacht charter in the world, from large motor yachts to sailing yachts and crewed catamaran. For best value private yacht vacations start your holiday of a lifetime here with the company you can trust.

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Where To Charter A Yacht?

Matching the right location for you is paramount. There are immensely interesting and diverse places all over the world to charter a crewed superyacht, but the most popular spots are:

A Mediterranean yacht charter which makes for the ultimate vacation with it’s fine culture, finer boats and beautiful azure waterways. The Med’ is an extremely varied location with many beautiful countries to visit, such as France, Italy, Sardinia, Monaco, Greece, Croatia and more.

Caribbean yacht charters are all about exotic natural islands, beautiful tropical beaches and of course luxury charter yachts. St Barts, St Martin, The Virgin Islands and Antigua draw some superb mega yachts to the Caribbean for your vacation. You can see the full list of destinations here .

We offer all the mega yachts and superyacht charters worldwide , as well as in the Mediterranean including Italy , France , Greece , Spain, Croatia , & Turkey.  Additionally, we have great discounted luxury yachts , sailing and motor yachts in the Caribbean , including the Bahamas , British & US Virgin Islands, St Lucia, St Barts, Grenadines, Antigua, as well as the Pacific Northwest, the South Pacific , Asia and Australia & New Zealand and elsewhere.

Currently Popular Itineraries

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All the luxury sailing and motor yacht charter boats worldwide:.

Go here to discover all the worldwide charter locations...  including the Mediterranean, Caribbean, Indian Ocean, North and South America, Pacific Northwest.

Apart from The Mediterranean & Caribbean their are many other hot spots - go here for the full list.

WHISPER | From EUR€ 1,200,000/wk

95 meter CUSTOM | From EUR€ 1,200,000/wk

Luxury Yacht Builders and Designers

The world has a fantastic array of very interesting luxury yacht builders and superyacht designers . At CharterWorld we have the definitive information on the ever evolving yacht builders and designers, as well as the latest superyacht news relating to the latest new yacht designs and new build yacht launches.

Luxury Yachts: Luxury crewed superyacht charters, both power motor and sailing boats, in all the areas of the world from the Mediterranean to the Caribbean, Asia to the South Pacific, Australia & New Zealand to the Indian Ocean.

Sailing charters & vacations: CharterWorld provides full charter yacht rental sailing vacations & holidays including flights, accommodation and sightseeing. Sailing charters and sail boats from luxury catamarans to crewed boats, classic yachts as well as new ones.

Power/Motor boats: Luxury power & motor boat charter yachts are available either as crewed yachts, classic or new. They include performance open style motor yachts, right through to expedition (explorer) yachts.

For your reference, CharterWorld provides a  charter and superyacht news section as well as a  superyacht directory for easy access to the complete world of interesting yachts , not just luxury charter yachts. This comprehensive list is organised by the yachts naval architect designer , by year and by the country the builder launched them in.

Why CharterWorld? - The complete list of charter boats worldwide, at the most competitive prices. - Free, independent and professional advice. - Access to the latest specials and discounts in the Caribbean and Mediterranean. - CharterWorld saves time and money on any luxury yacht vacation.

New to Yachting or Superyacht Charter Vacations? If you haven’t enjoyed the advantages of this type of luxury holiday, then this section has plenty of articles about how it all works and what to expect. Of course you can also just contact us and an experienced broker will personally guide you through and explain everything. Additionally, the yachting news section keeps you abreast of developments in the industry.

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How Much Does it Cost to Charter a Yacht

Experience the Luxury of a Yacht Charter Vacation Imagine cruising the crystal-clear waters, surrounded by...

Table of Contents

• Experience the Luxury of a Yacht Charter Vacation

Imagine cruising the crystal-clear waters, surrounded by luxury. A yacht charter vacation offers unmatched luxury and adventure. If you’re wondering how much it costs to charter a yacht, factors like yacht size, season, and destination play a role.

And what types of charters are available to the destination you want to go to? Understanding these elements helps in planning the perfect yacht getaway.

Table of contents

Factors influencing the cost of chartering a yacht, cost breakdown of yacht charter fees, types of yachts and their costs, how to choose the right yacht for your budget, ckim group: a leading yacht brokerage, start your yacht charter adventure today, frequently asked questions.

What Determines the Cost of Your Dream Yacht Charter?

Understanding what to expect to pay for your dream yacht charter involves considering several key factors:

Type and Size of the Yacht

Choosing the right boat is crucial. Motor yachts provide speed and luxury, while sailboats offer a classic, wind-powered experience. Catamarans provide stability and space, and power catamarans blend speed with comfort. Whether you’re considering a luxury private yacht charter or a more budget-friendly option, the type and size significantly impact the cost of chartering a boat.

Duration of the Charter

Whether planning a short getaway or a month-long voyage, yacht charters offer flexible options to suit your schedule and preferences. Weekly charter rates are common for shorter trips, while long-term charters provide extended exploration opportunities. Understanding the cost of renting a yacht for less than 6 nights versus chartering a Yacht for a week helps budget planning.

Season and Destination

The time of year and where you sail significantly impact costs. High seasons in popular destinations like the Mediterranean , Caribbean , and the Bahamas generally mean higher yacht charter prices because of increased demand. Low seasons may offer more affordable charter rates with quieter waters and a more relaxed atmosphere.

Understanding Yacht Charter Fees: What’s Included and What’s Extra

Base Charter Fee

This fee covers the basic cost of renting the yacht. When revising the base price of a yacht charter, it’s essential to consider additional expenses like fuel, crew gratuity, provisioning, and dockage.

An inclusive charter typically includes

• Crew: Captain, chef, and other staff members.
• Use of Yacht: Accommodation and amenities onboard.
• Drinks: Including standard ship’s bar.
• Meals : most breakfasts, lunches and dinners. Any meals ashore are at the guests’ expense.

Plus Expenses Charters (APA – Advance Provisioning Allowance)

The Advance Provisioning Allowance (APA) is a down payment towards:

• Fuel: For the yacht, tender, and motorized water toys.
• Food and Beverages as requested on the preference form by the guests.
• Port Fees: Charges for docking at various ports.
• Any services requested by the guests. For example tours, and transfers.
• Customs Fees.

Tips for the crew are customary, typically around 10-20% of the base charter fee, depending on the location of the charter.

Understanding these costs helps you budget effectively for your yacht charter experience.

Choose the Perfect Yacht for Your Budget

Motor yachts.

Known for luxury and speed, these can range from moderately priced to high-cost per week yachts.

Luxury on the Move: Typical Costs, Amenities, and Features of Motor Yachts

Explore the world with speed and comfort. Motor yachts offer luxurious amenities and spacious interiors, typically from $25,000 to $1,000,000,000+ per week plus expenses. Whether looking at luxury yacht charter costs or planning to rent a yacht for three nights or longer, motor yachts provide a range of options.

Offering a classic sailing experience, they are generally more affordable than motor yachts.

Sail Away: Typical Costs, Amenities, and Features of Sailing Yachts

Embrace the wind and waves aboard a classic sailboat. Enjoy serene cruising and charming accommodations, with costs averaging $15,000 to $300,000+ per week plus expenses. Understanding the cost of chartering a sailboat versus other types of yachts helps in decision-making.

Sailing Catamarans

Combining stability with space, they are a popular choice among those seeking comfort without the price tag of an expensive yacht.

Spacious and Stable: Typical Costs, Amenities, and Features of Catamarans

Experience stability and roominess. Catamarans provide ample space and comfort, priced around $15,000 to $100,000 per week. When comparing yacht charter costs, catamarans offer a unique blend of stability and luxury.

Motor Sailors

Best of Both Worlds: Typical Costs, Amenities, and Features of Motor Sailors

Blend motor power with sail elegance. Motor sailors offer versatility and charm, with costs ranging from $15,000 to $100,000 per week, depending on the size and amenities. Wondering how much it costs to charter a yacht that blends the best of both worlds? Discover the advantages of chartering a motor sailor for your next yacht vacation.

Power Catamarans

Speed and Stability: Typical Costs, Amenities, and Features of Power Catamarans

Zoom across the water in style. Power catamarans combine speed with comfort, priced approximately $30,000 to $80,000 per week. Curious about how much it costs to charter a yacht like a power catamaran? Understanding how much it costs to rent a yacht like a power catamaran ensures you choose the right boat for your needs.

Luxury Superyachts

Ultimate Indulgence: Typical Costs, Amenities, and Features of Superyachts

Experience unparalleled luxury and extravagance. Superyachts offer opulent accommodations and top-notch amenities, with costs to charter starting from $50,000 per week and soaring into the millions for longer charters. Consider luxury yacht charter prices when planning your ultimate yacht experience.

Choose the yacht that best fits your desires and budget, ensuring an unforgettable charter experience with a clear understanding of how much it costs to charter a yacht.

Find Your Ideal Yacht Charter: Tailored to Your Needs and Budget

Understanding Your Needs and Preferences

Customize your experience:

• Number of Guests: Choose a yacht that comfortably accommodates your group.
• Preferred Activities: Whether it’s water toys or relaxation, select amenities that match your interests.
• Desired Destinations: From the French Riviera to other fascinating locations, define your ideal yacht itinerary.

Working with a Yacht Broker

Expert Guidance: Benefits of Using a Yacht Broker, Finding the Best Deals, Ensuring a Smooth Charter Experience

A yacht broker offers:

• Expertise: Navigate options and negotiate terms.
• Best Deals: Access exclusive offers and discounted rates.
• Smooth Experience: Ensure all arrangements are seamless, from booking to disembarking.

Partnering with a yacht broker simplifies the process, ensuring your yacht charter meets all your expectations within your budget.

Why CKIM Group is Your Best Choice for Yacht Chartering

Brief Overview of CKIM Group

Discover CKIM Group:

• Trusted Experts: Known for expertise and reliability.
• Customer Service: Commitment to exceptional service.
• Range of Yachts: Offering diverse options to suit every preference.

Why Choose CKIM Group for Your Yacht Charter

Exceptional Service:

• Personalized Service: Tailored to your needs and preferences.
• Extensive Network: Access to a wide range of yachts worldwide.
• Positive Customer Reviews: Testimonials affirming satisfaction and trust.

CKIM Group ensures a seamless yacht charter experience, backed by expertise, personalized service, and a commitment to customer satisfaction.

Embark on the journey of a lifetime with a yacht charter tailored to your dreams.

Recap the Key Points

• Explore the costs and factors influencing yacht charter prices.
• Understand the types of yachts available and their unique features.
• Learn how to choose the right yacht based on your budget and preferences.
• Discover the benefits of working with CKIM Group as your yacht broker.

Encourage Readers

Consider the luxury and freedom of a yacht charter for your next vacation. Contact CKIM Group for expert guidance and personalized service to ensure an unforgettable experience.

How much does a crewed catamaran charter in Greece cost?

The cost varies depending on the size of the catamaran, the time of year, and the level of luxury. Prices can range from a few thousand euros per week to over ten thousand euros for high-end options.

Is fishing gear included in the charter price, or are there additional costs?

Fishing gear, including rods, reels, and tackle, is typically included in the charter price of M/Y PAREAKKI, ensuring a seamless fishing experience.

What factors influence the cost to charter a yacht?

Yacht size, type, duration of charter, season, and destination all play a role in pricing.

How do I choose the right yacht for my needs?

Consider factors such as the number of guests, type of occasion, desired amenities, and budget. Consulting with a Yacht broker like CKIM Group can help match you with the perfect yacht.

How do I book a yacht charter with CKIM Group?

Contact CKIM Group Charter Brokers to discuss your preferences, receive personalized recommendations, and book your dream yacht charter.

How can I customize my yacht charter experience?

You can personalize your experience with options like gourmet dining, water sports, and special event arrangements.

How Far in Advance Should I Book my Yacht Charter Vacation

Depending on the time of the year you wish to vacation it is important to book at least six to nine months in advance.

What Unique Experiences Can a Yacht Charter Offer?

From scuba diving in the Virgin Islands to wine tasting along the Amalfi Coast, luxury yacht charters offer a blend of opulence, adventure, and seclusion for an exceptional honeymoon experience.

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Let us deliver on your dream vacation.

Contact us to start a conversation about your dream vacation, and let us show you how we can help bring your vision to life through our exceptional yacht charter services.

Average Yacht Prices | 40, 50, 60, 70, 100 feet + Helpful Examples

How much do yachts cost? Let’s look at yacht prices per size.

SELECT SIZE ⇩

Note: We will look at yachts that are a few years old. Very few people buy brand-new yachts as the price comes down a lot after only a few years.

How much is a small yacht? Let’s start at 40 feet length.

40 Foot Yacht Cost

A 40-foot yacht can be found used for around $200,000 and new models can cost as much as a million dollars. There are always lots of used yachts for sale around 40 feet in length, which makes them more attractive to first-time buyers.

Technically, a yacht begins at 23 feet. However, yachts that size will more often be referred to as boats.

A 40-foot yacht is a great option for looking for relative simplicity and plenty of comfort and capability. This size is great for day trips in the Caribbean dedicated to speed boating or simple cruising.

The size remains manageable, but the vessel can be updated with extra living spaces and amenities as desired, with a more affordable price than larger options.

The maintenance prices will remain lower as well.

Make sure you are considering the age of your yacht. Even if it is on the smaller end, it will be more expensive if it is new and custom-built to your wants.

Even if you think a 40-foot yacht is the cheapest option, these small factors make for a sliding price scale.

You might find that a smaller, new, custom yacht is more expensive than an older, simpler, larger yacht. One benefit of an older yacht is that it should have the improvements and equipment that make it comfortable to operate and will not have those additional costs.

For  sailboat prices specifically, check out this article .

Our Pick: Viking 42 Convertible: Cruise and Fish (2014)

Price: $895,000

• Cushioned seats
• Underwater lights
• Flybridge fiberglass hard-top
• Recent engine and service
• Joystick control
• Cockpit shade with poles, freezer, and step-up box
• Custom chairs
• Coach roof overhang to provide shade
• home theater setup
• Freshwater wash area
• Cockpit freezer and drink box
• Forward-facing viewing windows in deckhouse

Here’s a great example of a yacht with differing ages and year models. It has twin diesel engines, 600 hp each, and cruise at 35 mph (pretty fast!).

Yacht Price Examples for Three Other 40-50 Foot

• 42-foot Grand Banks 42 Classic; trawler-cruiser style yacht; twin diesel, 350 hp each, cruising speed is 13 mph. Price: $370,000 for 2004; $124,500 for 1986; older ones for less
• 45-foot Sea Ray 450 Sundancer or Sedan Bridge; single or twin diesel, about 1,000 hp total; cruising speed about 26 mph Price: $472,000 for 2012 twin-engine
• 41-foot Back Cove Downeast; single diesel 715 hp; cruising speed is 26 mph Price: $619,000 for 2016

50 Foot Yacht Cost

50-foot yachts are  normally owner-operated, so you wouldn’t need to pay for a crew. Now we are around the size of 2-bedroom yachts.

They can provide more living space giving the owner flexibility for more guests and making it a more permanent residential option. With more space comes the opportunity to install more amenities as well.

The biggest difference between the 40-foot vessel and the 50-foot is the accommodations.

Expect three-cabin layouts, which give plenty of space for rest. The opportunity to create guest rooms, owners’ suite, and entertainment spaces are better with these yachts.

Our Pick: Hatteras GT54 Convertible Sportfish

The price for the 2017 model of this used yacht starts at $2,249,000. 

This yacht is 53′ 10″ long and weighs 75,000 pounds! It has twin diesel engines, 1,300 hp each, cruising speed of 35 mph.

It has a 1200-gallon fuel capacity with three staterooms. It sleeps up to 6 people, so it is perfect for entertaining without being so large to the point where maintenance becomes very difficult. It is known for its great propulsion rates and is very smooth and agile.

It specializes as a fishing boat but allows plenty of room for guests. In addition to the three staterooms, it has a large salon deck, a spacious galley, and plenty of indoor and outdoor seating.

Yacht Price Examples for Two Other 50 Foot

• 51-foot Azimut Magellano 50; express cruiser; twin diesel engines, 425 hp each, cruising speed 16 mph Price: $670,760 for 2013
• 52-foot Carver C52 Command Bridge; twin diesel engines, 600 hp each; cruising speed 18- 26 mph Price: $1,149,000 for 2017; $1,750,00 for 2021 with bow thrusters, gyro-stabilizer

How much is a large yacht? Let’s  step up to 60 foot.

60 Foot Yacht Cost

Now we’re looking at 2-bedroom yacht prices. A yacht in this range approaches the upper end of the owner/operator criteria.

This means that owners need to decide whether they can handle this size yacht on their own or if they need to hire outside help from a crew.

If you’re thinking of buying a boat this size, the cost may not be an issue, but understand that adding crew members adds substantial extra expenses! Crew salaries start at around $3K /mth for junior members and $10K for captains and experienced crew members.

This size is great for longer travels beyond day trips and adds more and more space for extra amenities. Hosting guests becomes easier.

Here are some examples:

Our Pick: Hatteras M60

The average base price for this model is around $2,995,000.

The Hatteras M60 is great for someone who wants the luxury of a larger yacht but still wants to be an owner-operator. The deck’s layout below and above is spacious, with a large salon and a full master suite. It can be customized to order with hardwood floors or specific carpeting and amenities like TVs, a bar, a full kitchen, etc. It is a motor yacht, meant for pleasure cruising.

It has twin diesel engines, 1135 hp each; cruising speed is 28 mph.

Yacht Price Examples for Two Other 60 Foot

• 64-foot Schaefer 640; express cruiser; twin diesel engines, 625 hp each; cruising speed 25 mph Price: $1,299,000 for 2017
• 60-foot Sunreef 62 Sailing Catamaran; twin diesel engines 110 hp each; cruising speed 10 mph Price: $990,000 for 2009

70 Foot Yacht Cost

We’re now looking at 3-bedroom yachts. Once you reach this size yacht, it is almost guaranteed you will need a crew to help operate it. A crewed yacht is very different from an owner-operated yacht.

This is just shy of the superyacht category, so if you settle on this size, know you are almost there!

As previously mentioned, as the yacht size gets larger, so do the number of factors that make the purchase more layered and complex.

When yachts reach this size, the interior layout begins to change more drastically. They often have a spacious main deck perfect for dining and entertaining guests, whereas below, the yacht would likely have four or more cabins and crew quarters.

With more rooms comes more cost and more opportunity to customize the space to make it your own.

Here are some great options for this size:

Our Pick: Hatteras GT70 Convertible Sportfish

The 2017 GT70 model runs around $4,500,000, but keep in mind the extra costs of maintenance, furnishing, and a cabin crew to help it run. It’s great for a long vacation and far-away destinations.

The GT70 convertible sportfish is known for its speed and agility, and high propulsion power. It has twin diesel engines, 1900 hp each; cruising speed over 30 mph.

It is 70′ 6″ with 2,140-gallon fuel capacity. The inside is lavish, with a galley, a huge salon, and five staterooms.

Yacht Price Examples for Two Other 70 Foot

• 75-foot Hatteras Motor Yacht; sport cruiser; twin diesel, 1800 hp each; cruising speed 28 mph. Price: $4,375,000 for 2017
• 74-foot Ocean Alexander Motoryacht; twin diesel, 1150 hp each; cruising speed 24 mph. Price: $1,895,000 for 2011

100 Foot Yacht Costs (and up):

You are officially in the superyacht range.

These yachts come in all styles and shapes, allowing for cruising along coastlines or focusing on watercraft and speed boating.

Since this is likely the peak size boat for practical use, you can expect a lot of additional costs for hiring a crew, maintenance, docking, as well as stocking your boat full of amenities. 

You’re likely to spend the bulk of your costs furnishing this size boat as bigger yachts typically are sold without furniture. The previous owner will want to hold on to designer furniture and other expensive interior.

Check out these great  examples of 100-foot yachts .

Our Pick: 143′ 04″ Virtus 44

This model cost around $20,189,000.

This mega yacht is anyone’s dream.

It is home to a fully integrated beach club with room for a pool deck, floor-to-ceiling windows in the main salon, a hot tub on the top deck, five staterooms, an 8-person crew, and room to sleep ten guests.

It has room for water toys and other gadgets, with a layout that keeps them purposefully hidden from the outside world. It has a 12-knot cruising speed and 16-knot max speed,

Other 100+ Feet Yachts Price Examples

• 98′ 5″ AB 100 Price: $8,843,260 for 2018
• 161′ 04″ Acico Nassima Price: $17,933,000 for 2012

How Much is Yacht Insurance?

Insurance on a yacht is around 1% of the purchase price per year. It can go higher if you have lots of expensive designer furniture. This can add up over the years. It’s often cheaper to insure a sailing yacht but the price range is still within the 0.7-1.3%.

What Other Expenses Do Yacht Owners Face?

Harbor fees is another expense for yacht owners. It’s also a yearly fee that varies but as a rule of thumb, you can expect to pay around $100 per foot per year, depending on how popular the marina is. You will also have to be on a waitlist if you want a good location.

How Much Does a Luxury Yacht Cost?

A super yacht fall under the category of “luxury yachts” or “mega-yachts”.

The world’s largest private vessel belongs to the Prime Minister of the United Arab Emirates, Khalifa bin Zayed Al Nahyan’s Azzam. It is 590 feet long and costs $600 million to build!

It is outliers like these that increase the price average for yacht owners, perhaps scaring potential owners when they start their research.

As a luxury yacht price guide, however, we need to look at averages.

Currently, the average superyacht costs $275 million. This does not even account for maintenance costs, either.

Superyachts are large and luxurious, needing a professional crew to help them run. They are designed to emphasize comfort, speed, and longer expeditions – depending on the yacht builders.

They might have:

• swimming pools,
• water toys,
• diving and fishing poles,
• fully furnished rooms,
• helicopter landing pads,
• and smaller support vessels

Just to name a few amenities. They are truly the epitome of the elite.

What Size Boat is Considered a Yacht?

The normal yacht length starts at around 23 feet, and can extend hundreds of feet.  If the boat meets 23 feet, it can be considered a yacht.

A boat does not need luxury features to be considered a yacht.

It can be minimal and stripped of the “extra” stuff to fall into the yacht category, so long as it meets the size and length criteria.

11 Things to Consider Before You Purchase

When making this purchase, the yacht size you buy needs to reflect what you hope to get out of the vessel.

Some important questions to ask yourself before you buy are:

• What does your perfect day on the water look like?
• How long will your average day on the water be?
• Will it be more boating/watercraft focused or long cruise focused?
• Will you use the yacht for fishing?
• Will you be on the yacht every day of the week or just on weekends?
• How many people do you hope to fit on the yacht?
• Do you plan to stay on the yacht overnight?
• Where will you dock the yacht?
• How much boating experience do you have?
• How fast do you want the yacht to go?
• How important is it to have extra amenities like furnished rooms, water toys, electronics, etc.?

These questions will guide you to understand the size you really need and will be able to realistically maintain versus what your most ideal yacht would look like.

When Do You Need a Full-Time Crew?

At length over 50 or 60 feet, you may need a full-time captain or crew. 

A full-time crew person will be needed to keep all the varnished woodwork looking good and all the little things maintained.

Sometimes, you must be honest with yourself about what you want and what you actually need. Be self-aware about your abilities (or lack thereof) in taking care of a specific size yacht.

If you don’t know much about boats and navigation, you will need more help to use your vessel.

Hopefully, this comprehensive guide gives you a good starting point as you begin your yacht price research process.

Important Things to Consider As Well

Although there are many factors to consider when understanding a yacht’s prices, it is an exciting purchase nonetheless and should be enjoyed as much as possible.

At the end of your research, you’ll be the owner of a beautiful yacht you can use for leisure, cruising, sports craft, fishing, or all of the above.

Although this article is a good starting point, we would also recommend getting in touch with a  yacht broker who can help you find your best fit , model, year, and the price is given your personal budget. 

They are great sources of knowledge in addition to personal research.

Make sure you are as patient as possible in this process to make sure you are covering all your bases, but most importantly, enjoy the process!

Here’s How Much Yachts Cost on Average:

Yachts start around $300,000 for smaller 40-foot models and can go as high as several hundred million dollars for superyachts.

These are the main contributing factors to the price of a yacht:

• The size of the yacht
• The age of the yacht
• The brand and  type of yacht

In general, the larger the yacht is, the more important the quality of the build becomes.

Also, potential owners need to understand the cruising speed and propulsion of different yachts.

The yacht type is also broken down into two categories:

• Mediterranean Style Open style expresses yacht with maximum space for sun, little-to-no shade on the deck.
• Hard-top express Semi-enclosed or fully-enclosed space on deck for the operator
• Flybridge yachts

An express yacht is often referred to interchangeably as an  express cruiser  or  sports cruiser .

It has a single deck above the hull with a living space below.

They are much sleeker, too.

A flybridge yacht is often referred to as a sedan bridge or sport bridge, and it is typically used for fishing. It has additional space above the main deck.

Since the flybridge area has more space on the second deck, the main deck is normally made up of enclosed spaces and rooms.

It can have an open-air layout but can also have a hard-top.

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Five bodies found inside superyacht that sank off Sicily

PORTICELLO, Sicily — Divers recovered four bodies Wednesday from inside a superyacht that sank in a sudden storm off Sicily , Salvatore Cocina, director of the island's Civil Protection Agency, confirmed to NBC News.

Cocina later confirmed to Sky News that a fifth body had been found and was being brought to shore. One passenger remains missing.

The identities of the bodies were not immediately released. Their recovery follows a dayslong search in the deep waters off Italy where British tech tycoon Mike Lynch  and several others were believed to be trapped in the hull. Fifteen of the 22 people aboard survived.

The rest had been missing since early Monday, when the Bayesian was caught in the storm anchored off the coast of Porticello, a village near the Sicilian capital city, Palermo.

The body of the ship’s cook, identified as Recaldo Thomas, a Canadian Antiguan national, was recovered Monday. 

On Wednesday, NBC News witnessed what appeared to be at least three body bags being lifted from fire department boats after they pulled into port at Porticello. It was unclear whose bodies they were. Some were later transferred to ambulances and driven away from the dock.

Lynch’s 18-year-old daughter, Hannah; Morgan Stanley International Chairman Jonathan Bloomer and his wife, Judy; and Clifford Chance lawyer Chris Morvillo and his wife, Neda, are also missing. 

The Bayesian is owned by a firm linked to Lynch’s wife, Angela Bacares, who was among the survivors rescued by a nearby vessel after they got into a lifeboat.

Built by the Italian shipbuilder Perini Navi in 2008, the U.K.-registered yacht could carry 12 guests and a crew of up to 10, according to online specialist boating sites. Its nearly 250-foot mast is the tallest aluminum sailing mast in the world, according to CharterWorld Luxury Yacht Charters.  

Regularly described in U.K. media as “Britain’s Bill Gates,” Lynch was  acquitted of fraud by a San Francisco jury this year, stemming from the sale of his software company Autonomy to Hewlett-Packard for $11 billion in 2011.

The Mediterranean sailing vacation was designed to be a celebration for Lynch, who brought Bloomer, who testified in his defense, and Morvillo, one of his U.S. lawyers, on the trip.

Lynch's co-defendant Stephen Chamberlain was not aboard the Bayesian, but in what appears to be a tragic coincidence, a  car struck and killed  him Saturday as he was jogging in a village about 68 miles north of London, local police said.

Claudio Lavanga and Claudia Rizzo reported from Porticello. Henry Austin reported from London.

Claudio Lavanga is Rome-based foreign correspondent for NBC News.

Claudia Rizzo is an Italy based journalist.

Henry Austin is a senior editor for NBC News Digital based in London.

Price Breakdown: How Much Does It Cost to Charter a Yacht?

Do you find yourself daydreaming about fruity drinks on white sand beaches, surrounded by crystal-clear ocean as far as the eye can see?

It’s probably time to take a vacation.

Booking a yacht charter is the perfect way to relax. Why not take a trip to indulge your every whim in the tropical paradise you’ve been craving?

We can make it happen for you.

You’re probably wondering how much this little excursion will set you back. The truth is, the cost to charter a yacht varies depending on a few factors.

The Cost to Charter a Yacht by Type of Vessel

All of our vessels are sleek, modern, and high-end luxury yachts. However, they do vary as far as size and onboard amenities — that’s where the price difference comes into play.

We have more intimate boats available from $844.21, like the 38′ Lotus Lagoon catamaran out of Hawaii. This beauty carries six guests and comes equipped with paddle board gear, snorkeling equipment, and complimentary beverages and snacks.

If you want to bask on the bow of a bigger boat, you might find something like our California-based 108′ Monte Fino is more up your alley. Flat screen televisions, plush staterooms, a jacuzzi, and spacious lounging areas are all available for up to twelve guests on charters from $7,937.49.

The Cost to Charter a Yacht by Trip Length

The length of your trip also affects the cost to charter a yacht. For example, the base price of the Lotus charter mentioned above is $796, which includes two hours of sailing. If you want to sail for three hours, the price will increase by half to $1,194, and go up accordingly for every hour you add on.

What if you want to go out for a few days, or even a few weeks? We offer multi-day charters and excursions to many exciting destinations for a base price of $13,000 per day, excluding gratuity and any provisions or catering.

You could putter around exploring the Channel Islands for a few days, or you could go even further. Why not discover the best of Hawaii’s hidden gems on a week-long coastal cruise? You can head to Greece, Italy, Mexico, or wherever the wind may take you.

Other Factors Affecting the Cost to Charter a Yacht

Say you fall in love with a particular vessel, located in Marina del Rey, but you want to cruise around San Diego. We totally understand. We’ll move it for you, which will incur an additional fee.

Which type of sailing you want to do will also affect the cost to charter a yacht. Base prices listed are for sailing in the harbor. For coastal sailing, an extra hourly fee will be added to your rate.

Keep in mind that Luxury Liners operates in the spirit of complete transparency. When you book a yacht charter with us, there are no hidden fees. Everything is displayed before you pay, and the price you see is the price you get.

Bring Down the Cost to Charter a Yacht by Booking with Us

Our mission is to bring you the most high-end vessels at the best prices. We’re ready to help you book your dream charter today.

Want to see what we have to offer? Have a look at our yachts page to see our prices and learn more.

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How much does it cost to charter a yacht?

A comprehensive breakdown of yacht charter costs and fees

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By Editorial Team   15 January 2024

Navigating the world of crewed yacht charters for the first time can be daunting, with numerous factors to consider. To clarify and assist, we have compiled a thorough guide on yacht charter costs, complete with a handy checklist so you can estimate the total cost for your vacation before you start searching for your ideal yacht.

Cost breakdown.

Charter fee of xxx

+ xxx % APA ( xxx )

+ xxx % Tax/VAT ( xxx )

Total = $ xxx

In this article:

• Base charter fee

Why do charter fees differ between yachts?

• Charter contracts

Advanced Provisioning Allowance (APA)

• Crew gratuities

Fuel and dockage fees

Insurance: what does it cover, payment structure.

Planning a yacht charter is thrilling yet challenging, particularly when it comes to budgeting. The starting point is the yacht's base price, the weekly rental fee. But what about additional costs such as meals, beverages, local taxes, or fuel? How do these affect the overall cost? The encouraging part is that understanding yacht charter fees is straightforward. With guidance from our seasoned professionals, you can gain a clearer idea of the expenditure for your dream vacation. Yacht charter costs vary based on several elements: the yacht type, destination, local taxes, dates and the age of the yacht. Yacht charter prices span a broad spectrum. For instance, smaller sailing yachts and catamarans may start at around $10,000 per week, whereas more luxurious motor superyachts can exceed $100,000 per week. Wondering about other expenses? Our Charter Advice Guide, a key part of our planning resources, delves deep into the specifics of yacht charter costs.

After you have chosen your desired yacht, your yacht broker will prepare a legally binding contract; usually a standard agreement with conditions set by the terms applicable to the destination. Before you sign on the dotted line, it is important that you understand what it is that you are paying for and when it is due.

Base charter fee: All-Inclusive vs Plus Expenses

When it comes to crewed luxury yacht charters, you can choose from two types of vacations- "All-Inclusive" or  "Plus Expenses" charter experiences. But what do these classifications entail? Let's briefly compare:

• All-Inclusive Yacht Charters Certain charters, particularly small catamaran and monohull sailboat charters in the Virgin Islands, wooden Gulets in Turkey or Phinisis in Indonesia, offer different all-inclusive pricing packages. This means that the rates depend on the number of guests and cover some or all meals and beverages, water sports, and fuel expenses. However, dockage fees and taxes are typically billed as additional costs.
• Plus Expenses Charters The rates for larger sailing or motor yachts are exclusive of operational costs, which are to be paid additionally. With these high-end charters, the base rate covers only the yacht rental. Extra charges, such as for food, beverages, fuel, dockage, port taxes, and other expenses, are billed separately. These running costs are usually covered by an Advance Provisioning Allowance (APA) payment, generally set at 20-35% of the base charter rate depending on the size and location of the yacht. This amount is paid before the start of the charter.

The table below gives a quick comparision of what is generally included in the price for both charter types.

Plus Expenses Charter Costs

In essence the base charter fee refers to the hire cost of the yacht itself, and implies that the yacht will be provided to you in full commission, with all equipment in working order and the yacht properly insured for marine risks.

In addition, the cost of the crew’s food, wages and clothing will be met by the owner for the entirety of the charter. 

Charter rates are typically quoted per week (7 days), which in superyacht terms is generally accepted as the minimum period for yacht charters – although this is by no means set in stone.

The APA in Plus Expenses charters is typically about 25-40% of the yacht's base weekly charter rate (based on the size of yacht, location and yacht's fuel efficiency). This fee is collected before the start of the charter and acts like an expense fund that the captain can utilize during the trip to cover costs such as fuel, food and beverages, dockage fees and ad hoc incidental expenses.  At the end of the charter the captain will prepare a detailed statement of the APA expenditures, along with any unspent APA funds returned in cash.

Should expenses exceed the initial APA, you might need to top up the fund during the charter. This replenishment can be done in cash, but many opt to establish accounts with their charter brokers. These accounts can then be accessed upon the captain's request for additional funds.

Taxes & Value Added Tax (VAT)

For most yachts, regardless of being All-Inclusive or Plus Expenses , local taxes or Value Added Tax are NOT incorporated into their charter rate. It falls upon the charterer to pay these tax expenses before the charter commences. Tax rates can vary greatly depending on the destination; here's an brief overview of tax rates in some of the most sought-after yachting locations:

In the European Union (EU) recent harmonising changes to tax laws have affected VAT rates across most of the Mediterranean region. EU tax laws state that VAT will apply to vessels embarking or disembarking within their waters, although rates for VAT vary depending on the European destination. In France the current rate is 20% and in Italy it is 22%, whilst Turkey and Montenegro both charge 0% for EU-flagged yachts cruising their waters.

VAT also applies to yacht charters cruising The Bahamas , plus may also apply in some Caribbean islands.

Please consult your yacht charter broker  for further personalized advice if considering chartering in any of these areas.

Charter Free: £100,000 p/w +30% APA + 14% TAX/VAT

Crew Gratuities

Although tipping is optional, it's customary to leave a gratuity for the crew. The typical range for tips is between 10-20%, and it should reflect the quality of service you and your guests experienced during your yacht charter.

It's best practice to hand over crew gratuities to the captain for distribution, ensuring that every crew member is fairly recognized. This approach is important because there are often less visible crew members, like the engineer and sous chef, working diligently behind the scenes to guarantee the success of your charter. It would be unfair for their contributions to go unrecognized.

Cancellation Insurance

Charterers have the option to buy cancellation and curtailment insurance, akin to travel insurance. This insurance can provide coverage for costs in case the charter needs to be canceled or shortened. Charter brokers are equipped to assist in evaluating different insurance choices and typically offer a variety of options.

Delivery Fees

These fees are not typical for most charters, but if your charter takes place outside the yacht's regular cruising territory or a significant distance from its homeport, you might need to pay delivery fees. Usually, this will just involve covering the fuel costs for the journey.

The charter fee varies from one yacht to another for a number of reasons, such as its size, age, onboard amenities and time of year the yacht is chartered. We've listed below some of the most common factors that affect the base rate of a rental yacht.

Charter seasons

A yacht charter season can refer to the weather patterns of a particular destination or the peak times when demand for charter yachts is at its highest. Yacht charter seasons, therefore, are broken down into two distinct categories: Summer/Winter, and High/Low season. 

In terms of the yacht's base charter fee, high season rates will apply to the most popular periods for yacht charters – such as July and August in the Mediterranean or Christmas and New Year in the Caribbean . Low season rates will generally apply to all other periods.

Event pricing

Major events such as the Monaco Grand Prix and Cannes Film Festival are generally categorised as high season events , regardless of where they fall in the season, with yacht prices generally higher around these dates due to popular demand.

Unless you are keen to charter a yacht for a particular high season event, it is worth considering your dates carefully.

Shoulder seasons

The months straddling the high and low seasons are known as shoulder months, for example April and September for yacht charters around the Mediterranean, and can share much of the same weather and beautiful cruising conditions as the peak season whilst charter rates tend to be lower, making these months a great time for chartering a yacht.

• Onboard amenities

Aside from seasons and events, yachts of the same size can often differ in price based on their onboard amenities. A yacht which boasts a cinema or lavish water toys may have a higher base rate compared with a yacht with minimal amenities of the same size.

If the pricing is unclear, be sure to ask your yacht broker to explain any disparities. 

Once you are clear on the base charter fee of your chosen yacht, it is important to learn about the additional costs that will be applied on top, depending on the type of charter contract used.

MYBA Charter Agreement

The most widely used contract for yacht charters is a MYBA agreement (Worldwide Yachting Association, formerly known as Mediterranean Yacht Brokers Association), which operates under Western Mediterranean Terms (WMT) . 

This contract, often referred to as a "plus all expenses" contract, requires that you pay for items, such as fuel, delivery fees, food and drink, local taxes and dockage fees, as an additional expense applied over the base charter fee.

Typically, a charter party (this is the collective term for the total number of guests on a charter) will accumulate additional costs of between 25% to 30% of the base charter fee, depending 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.

Other charter contracts

Caribbean Terms Inclusive (CTI) – sometimes referred to as Standard Caribbean Terms (SCT) – is another contract regularly used by the yachting industry, the terms of which are generally employed by smaller yacht charters in the Caribbean. 

Otherwise known as a "mostly all-inclusive" agreement, CTI differs from Western Mediterranean Terms as it includes three meals, plus up to four hours cruising, per day.

In addition to the commonly used MYBA terms and Caribbean Terms Inclusive, there are also less frequently used terms such as Standard Eastern Mediterranean Terms (SEMT) and Greek Terms (GT). 

SEMT operates much in the same way as CTI, except it includes only two meals per day for guests instead of three, as it is assumed guests will dine ashore in the evenings. Greek Terms are similar to the MYBA terms apart from harbour and berthing fees, which are included under GT terms so long as they are within Greek waters.

If you are unsure what is included under the terms of your contract, be sure to ask your yacht charter broker .

For more in-depth information, please see our guide on yacht charter contracts below.

Typically, the APA accrues to approximately 25% to 30% of the base charter fee, though this does of course depend on your charter party’s 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 a sailing yacht charter that is anchored at sea for most nights can expect to save on fuel costs and hefty marina fees. 

You can request an APA estimate from your yacht broker based on your charter party's onboard expectations.

What happens next?

The APA is payable one month prior to boarding the charter yacht (see 'Payment Structure' below), and is generally paid direct to the Captain.

Once the APA has been paid it will then be retained as a bank account of sorts, from which the Chef can provision the yacht ready for your charter and the Captain can make expenditures while keeping a strict record of what has been spent. It is important to note that all additional costs incurred throughout the charter are charged at cost with no mark-up.

At any point during the vacation you can request an up-to-date summary of the accounts as a way of keeping track of expenditures.

When you think of fuel costs, you may think of what is consumed by the yacht over the course of your charter.

However, there are further fuel costs to take into account that you may not have considered. These include;

• Personal watercraft toys, such as jet skis
• Tender boats used for transporting guests to and from the yacht, or for water sports activities
• A yacht's generators whilst at anchor (shore-side electricty is used when docked at a marina)

Furthermore, the distance travelled and the speed at which the yacht cruises also affects the overall fuel costs, so it is important to bear these factors in mind when settling on your itinerary. 

Dockage fees

These may vary widely depending on the destination and time of year from minimal to extravagant (think Port Hercule in Monaco during the Grand Prix).

If you are interested in booking any nights in marinas during your yacht charter, you should liaise with your broker who can advise on the various options available, including prices, around your chosen location and dates.

In general, the base charter fee of a yacht will include insurance for marine risk and third party liability insurance, which covers accidental damage and personal injury. It will also cover use of the yacht's watertoys and equipment.

Additional insurance

Although insurance is not generally connected to charter costs, it is useful to consider should you wish to take out additional insurance such as Cancellation and Curtailment cover which is calculated at 2.5% of the charter fee for the unforeseen cancellation of a charter, and can prove a worthwhile investment as well as providing peace of mind.

You should check with your broker about the level of insurance built into your charter contract before signing. 

Other taxes 

Local taxes may also apply in certain countries, therefore it is important to speak with your yacht charter broker to clarify what additional taxes are applicable to your chosen destination and itinerary.

Whilst the payment structure can vary depending on the contract, in general charter payments are made as follows;

• 50% of the charter fee is payable upon signing the charter agreement, which confirms the booking.
• The remaining 50% of the charter fee, APA (usually between 25-30% of the base charter fee), delivery and/or re-delivery fees, applicable taxes, plus any additional agreed amounts are payable one month prior to commencement of the yacht charter.
• Any balance of monies due are to be paid on the first working day prior to completion of the yacht charter.

For further clarification of the payment structure for your yacht charter, please speak with your broker.

The base charter fee for a yacht can differ for a number of reasons, including;

• Size and age of the yacht
• High/low seasons, and major events such as the Monaco Grand Prix

There will also be additional amounts to pay on top of the yacht's base charter fee, which can include;

• Advanced Provisioning Allowance (roughly 25-30% of the yacht's base fee and includes all charter expenditure such as food, fuel and marina fees)
• Additional insurance, such as Cancellation and Curtailment Insurance
• VAT and other taxes

It is important for you to understand the entire payment structure to ensure no unpleasant surprises arise whilst enjoying your vacation.

If you wish to know more about costs relating to your yacht charter, please speak with your preferred yacht broker for more information.

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Who are Mike Lynch and the other people missing after a yacht sank in Sicily?

Search teams are scouring waters along Italy’s southwestern shore, where a luxury sailing yacht sank early Monday. Six people are known to be missing, including British tech tycoon Mike Lynch and his daughter, and Morgan Stanley International Chairman Jonathan Bloomer and his wife.

Faced with the possibility that some people might have been trapped inside the ship when it sank in a storm, dive teams (including cave divers from the local fire brigade) have been looking for ways to enter the vessel.

The Palermo Coast Guard told NPR on Tuesday that such an operation is complicated by the depth and position of the hull, which lies on the seabed at a depth of around 50 meters, about a half-mile from the port in Porticello, Sicily.

Lynch, a mathematician and longtime tech entrepreneur, was on a vacation voyage that apparently doubled as a celebration of his recent acquittal on federal fraud charges in the U.S. At least two members of his legal team were reportedly on the boat.

Here’s what we know about Lynch and the tragic situation off Sicily’s coast: 

Who is Mike Lynch?

Lynch, 59, made his name as the founder and longtime leader of Autonomy, a search engine and software company that helped companies manage information. Hewlett-Packard bought Autonomy for $11 billion in 2011, but Lynch then faced accusations — and then federal charges — that he had misrepresented his company’s financial health and prospects. Lynch denied the claims, saying HP was blaming him for its own problems.

Lynch was indicted on multiple fraud and conspiracy counts in late 2018, months after Autonomy’s former chief financial officer, Sushovan Hussain, was convicted of fraud (he was later sentenced to five years in prison).

Lynch successfully delayed extradition from the U.K. until May 2023 . Earlier this year, the case finally culminated in a lengthy trial in San Francisco that ended with Lynch’s acquittal of all charges against him in June , after he testified on his own behalf.

Also acquitted was Stephen Chamberlain, Autonomy’s former finance VP. But on Saturday — just two days before Lynch was caught in a boating catastrophe — Chamberlain was killed in a car accident , after he was struck while out for a run.

Lynch earned a Ph.D. in adaptive pattern recognition from Cambridge University. In 2006, he was awarded an Officer of the Order of the British Empire (OBE) honor for his work in the U.K.’s tech industry. After selling Autonomy, he founded an investment group focused on startups emerging from Cambridge University.

Who else was aboard?

Survivors include Lynch's wife, Angela Bacares, along with Charlotte Golunski, who works at Invoke Capital, Lynch’s venture capital firm. Golunski was on the ship with her daughter, Sofia, who had just celebrated her first birthday. In an interview with La Repubblica , Golunski said she held her little girl as she floated in darkness, using all her strength to keep her arms up and prevent Sofia from drowning. Sophia’s father was also onboard and survived.

Ayla Ronald, a lawyer who worked on Lynch’s fraud case, and her partner also escaped the wreck. Other survivors include several crew members, including two women in their early 20s who were part of the ship’s staff.

Missing along with Lynch and Bloomer are Lynch’s daughter, Hannah, 18; Bloomer’s wife, Judy; a lawyer for Lynch named Chris Morvillo; and his wife, Neda, according to local newspaper Giornale di Sicilia .

Bloomer was a partner at Arthur Andersen for some 20 years, until 1994, according to his LinkedIn profile . He then led the financial services company Prudential before taking on a number of chairman roles, including at the legal services firm DWF.

Bloomer is also currently chairman of insurance company the Hiscox Group.

“We are deeply shocked and saddened by this tragic event,” Hiscox CEO Aki Hussain said in a statement sent to NPR. “Our thoughts are with all those affected, in particular our Chair, Jonathan Bloomer, and his wife Judy, who are among the missing, and with their family as they await further news from this terrible situation.”  

#Palermo , naufragio imbarcazione a Porticello: proseguono da parte dei #vigilidelfuoco le ricerche delle 6 persone segnalate come disperse. Giunti da Cagliari, Sassari e Roma i #sommozzatori speleo [ #19agosto 19:30] pic.twitter.com/7WY30ckxcK — Vigili del Fuoco (@vigilidelfuoco) August 19, 2024

What happened to the yacht?

The gathering took place aboard a massive sailing yacht called Bayesian — a term that, in mathematics and statistics, refers to probability and uncertainty. The yacht’s overall length is listed at 55.9 meters (183 feet).

The Bayesian was off the coast of Porticello when it was swamped by a violent storm before dawn on Monday morning. Numerous eyewitness accounts cited a waterspout — a highly localized spiraling storm that’s essentially a marine tornado. Around that time, the Bayesian was located in the Tyrrhenian Sea, according to the Marine Traffic tracking site.

The ship, which had 22 people aboard, sank. In the aftermath, 15 people were rescued, but one died and six were unaccounted for.  

What about the rescue effort?

Helicopters and marine craft have been searching for any sign of the passengers, hoping to find more survivors. Sea and cave divers have also been part of the effort.

Italy’s fire brigade, Vigili del Fuoco, says it is working on a plan for divers to enter the sunken vessel. An initial attempt on Monday was cut short after divers were able to gain only limited access , citing furniture that blocked a passageway.

When asked about the possibility of finding any other survivors of the calamity, Comandante Vincenzo Zagarola of the Italian Coast Guard told radio station RTL 102.5 on Tuesday that given how much time has elapsed, it’s difficult to imagine a good outcome for the missing passengers. But, he said, the search will continue.

Copyright 2024 NPR