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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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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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Understanding Yacht Chartering Costs: A Comprehensive Guide

Imagine sailing the open seas, surrounded by azure waters, and basking in the luxury of a private yacht. Yacht chartering offers a unique and exhilarating experience, but it’s essential to understand the costs associated with it before embarking on this adventure. In this comprehensive guide, we will break down the various expenses involved in chartering a yacht, from the base charter rates to additional fees and seasonal price variations. We’ll also provide you with valuable tips on how to budget effectively for your dream yacht charter.

Base Charter Rates

The base charter rate is the starting point for calculating the cost of your yacht charter. This rate typically covers the rental of the yacht itself for a specific duration, which can range from a few days to several weeks. The base charter rate varies widely depending on several factors:

• Yacht Size and Type: Larger and more luxurious yachts come with higher base charter rates. Motor yachts are generally more expensive than sailing yachts due to their higher operational costs.
• Yacht Age and Condition: Newer yachts in excellent condition command higher charter rates than older vessels.
• Location: The location of your charter significantly influences the base rate. Popular destinations like the Mediterranean, the Caribbean, and the Bahamas tend to have higher prices and local taxes.
• Time of Year: Peak chartering seasons in specific regions can lead to higher base rates. For instance, the Caribbean can be more expensive during the winter months when the weather is ideal.
• Duration: Longer charters may offer lower daily rates compared to shorter ones.
• Inclusions: Some charters include additional amenities such as water toys, scuba equipment, or a chef. These extras can impact the base rate.

Additional Fees

Understanding the additional fees associated with yacht chartering is crucial for budgeting effectively. These fees can significantly impact the total cost of your charter:

• Fuel: Yachts consume fuel, even sailing yachts, and you may be responsible for covering these costs. Fuel expenses can vary depending on the yacht’s size, distance traveled, and usage of amenities like air conditioning and water sports equipment.
• Crew: Most charter yachts come with a crew that includes a captain, chef, or possibly a stewardess, and deckhand. The crew’s salaries and gratuities are usually included in the base rate, but it’s customary to tip them, often around 15-20% of the base charter rate.
• Provisions: You may need to budget for food and beverages during your charter. You can either purchase your provisions locally or opt for a fully provisioned charter, where the crew stocks the yacht with your preferred items.
• Dockage and Marina Fees: When you choose to dock at marinas or ports, you’ll incur fees. These fees can vary widely, and the more popular the destination, the higher the costs.
• Taxes and Permits: Some regions may require specific permits or impose taxes on yacht charters. Be sure to inquire about these expenses before booking.
• Communication and Entertainment: If you require internet access or want to use satellite TV, you may have to pay extra for these services.
• Optional Extras: Water sports equipment, scuba diving, and excursions are often available for an additional fee.

Seasonal Price Variations

The time of year you choose for your yacht charter can significantly affect the overall cost:

• High Season: The high season typically corresponds to the best weather conditions in a given region. Charter rates are at their peak during this time, so expect higher prices.
• Low Season: Chartering during the off-peak season can yield cost savings. However, be prepared for less predictable weather.
• Shoulder Season: Consider chartering during the shoulder season, which falls between the high and low seasons. You may enjoy good weather and more reasonable rates.

Tips for Budgeting

Here are some tips to help you budget effectively for your yacht charter:

• Set a Clear Budget: Determine your total budget, including the base charter rate, additional fees, and discretionary expenses. Stick to it to avoid overspending.
• Plan Ahead: Book your charter well in advance to secure better rates and availability, especially during peak seasons.
• Opt for Inclusive Packages : Fully provisioned or all-inclusive charters can simplify your budgeting by covering many expenses upfront.
• Be Mindful of Crew Gratuity: Factor in the crew’s gratuity when planning your budget. It’s a significant expense and a customary practice.
• Consider Trip Insurance: Trip insurance can protect you from unforeseen circumstances and potential additional costs.
• Review the Charter Agreement: Thoroughly review the charter agreement to understand what is and isn’t included in your charter rate.

Yacht chartering can be an unforgettable experience, and understanding the costs involved is essential to ensure a stress-free journey. By considering base charter rates, additional fees, and seasonal price variations, and following our budgeting tips, you can embark on your yacht charter adventure with confidence, knowing that you’ve planned for a seamless and enjoyable voyage on the high seas. Happy sailing!

Get a Quote

Are you ready to let us show you what we can do for you? We can’t wait! This is as exciting for us as it is for you. We began this business because we love putting the perfect yacht charter together for our clients and getting the best of the best at the right price point thanks to our contacts and experience. 

Use our quick contact form to give us the basics about what you’re looking for and we’ll send you ideas and pricing. Don’t worry if it’s not grand enough or should be scaled back; we’ll take care of that too. When you love the plan, we put it into action. All you have to do is show up and enjoy.

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Last Updated on May 30, 2023 by Boatsetter Team

Who among us hasn’t dreamed of cruising far horizons aboard a luxurious private yacht? Even just imagining ourselves cruising around sandy shores, anchoring in secluded coves, and pulling up to a great waterfront restaurant or a colorful beachside bar makes us happy.

Yacht charter makes all of this a reality. If you’re concerned about the cost of chartering a yacht, cast your apprehensions aside. Plenty of options means there’s no reason to give up on being the hero or heroine of your own dreams.

Here we’ll go over the types of private yacht charters and the costs of one. Let’s dream big together, shall we?

Explore available yacht rentals near you

Types of private yacht charters

Firstly, there are different types of private yacht charters. All-inclusive charters include the yacht, a professional captain and crew , all onboard meals and beverages, harbor fees, and fuel costs.

You’ll likely enjoy this experience the most if your hardest decision all day is how many cups of coffee you’ll drink at breakfast.

Meanwhile, a plus-expenses private yacht charter includes the yacht, the captain, and the crew. Meal costs and fuel costs are separate. So, too, are port taxes, dockage, and other fees.

You pay for these through an allowance before stepping aboard or a bill at the end of your trip. Either way, it allows for a more personalized, tailored experience.

Note that these types of private yacht charter are much different than the bareboat charter type. With that type of trip, you’re basically the owner and crew rolled into one.

You chart where you want to go, fuel up as needed along the way, and provision the boat. Similar to renting a car while on vacation, you keep the boat neat and tidy so there’s a quick turnaround for the next customers to step up.

Costs of a private yacht charter

Okay, now that you understand the types of charter, you’re still probably wondering how much it is. The cost of chartering a yacht may seem high, at least initially.

However, it actually can be quite reasonable if a few friends or family members join you and split the expenses. In fact, you may find you get more bang for your buck compared to other upscale entertainment choices, like staying at a resort.

A few factors ultimately influence the cost of chartering a yacht. As already mentioned, all-inclusive charters are different than plus-expenses charters. Additionally, the age of the yacht and the crew’s reputation comes into play.

The time of the year —peak summer season, for example— does as well. The charter’s length, the yacht’s size, and the passenger total are often the biggest factors, however.

Consider a yacht in Miami that lists at $2,100 for an eight-hour day . Once you add fuel costs, dockage fees, and the captain’s gratuity, the total is about $3,300.

Since the yacht accommodates 12 people, that’s $275 per person. Even with just eight people, you’re each paying $412.50. Remember, this isn’t just transportation; it’s sightseeing, anchoring, swimming, and so much more entertainment all rolled into one day.

Ultimately, the cost of a private yacht charter can and does reflect a vacation as laid-back or as extravagant as you wish. Yachts from 45 to 65 feet in length easily can accommodate up to 10 people.

Usually, they book trips lasting a few hours, though some further offer daylong charters. At the other end of the spectrum are ultra-luxurious experiences in which 12 or more in your party can spend a week aboard.

These are much larger yachts—well over 100 feet—with much larger crews. They’re decked out with spas, swimming pools, and regal staterooms with marble-lined baths (too luxurious to be called heads).

This type of deluxe charter comes with a price tag of six figures for a week. If you book one, let us know if we can tag along—or at least tag us on Instagram.

Remember, too, that gratuities aren’t included in the cost of a private yacht charter, regardless of whether you book an all-inclusive or plus-expenses trip. If you’re pleased with the crew and the service, tip 15% to 20% of the charter fee.

If, after reviewing all these details, you decide the cost to charter a yacht just isn’t in your budget, don’t give up!

Consider instead boat sharing or boat renting

Boat-sharing sites like Boatsetter give people like you more access to great boats, with more boats added all the time. Grab a group of your friends and family, and get out on the water. That’s the most important thing to do.

Learn more about renting out your boat or yacht from Owners on the platform.

Boatsetter is a unique boat-sharing platform that gives everyone — whether you own a boat or you’re just renting — the chance to experience life on the water. You can list a boat , book a boat , or make money as a captain .

List your boat & start earning an avg. of $20K yearly with Boatsetter

A journalist with more than 30 years’ experience, Diane M. Byrne is the owner of MegayachtNews.com, a daily website educating American superyacht owners, buyers, and their circles of influence about the leading builders, designers, cruising destinations, and more. She founded the website in 2007 as the first, and still the only, American-focused online media outlet exclusively covering this market. It features all-original content, for real stories of real interest.

Diane is additionally one of the most-sought-after journalists for expert editorial coverage and commentary about not only superyachts, but also general boating and yachting. Her byline appears in Boatsetter.com, DiscoverBoating.com, and the magazines Luxury Guide, Ocean, Yachting, and Yachts International.

Additionally, Diane is the Chair of the U.S. Superyacht Association, having been on the Board of Directors since 2015. Outside of yachting, she’s a trustee of Sempre Avanti, a non-profit resource supporting Italian and Italian-American individuals, businesses, and organizations in the United States and Italy.

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Explore yacht charter costs with our guide, including pricing charts for destinations like Miami and the Mediterranean. Perfect for travelers planning a luxurious getaway.

In the movie Arthur , Liza Minelli, playing a snappish waitress, asks drunken playboy millionaire, Dudley Moore, playing Arthur, "is it wonderful to be on a yacht?" Arthur pauses for a moment and considers. "It doesn't suck," he says simply. Truer words might never have been spoken. A yachting getaway tops many a vacation wish list for people all over the world.

One wonders if Liza might have then asked, "Arthur, how much does it cost to charter a yacht?" The answer depends on a range of factors, including the charter destination, the type of yacht, taxes where the cruise occurs, level of pampering on board, and more. 

In general, a yacht charter can run from $3,000 for a day charter in Miami to $150,000 plus for a week-long charter in the Mediterranean. Smaller sailboat yachts, often catamarans, can be found for $10,000 per week in the Bahamas, and larger, gas-fueled motor yachts can fetch several hundred thousand dollars for a week in French Polynesia.

Clarifying what constitutes a "yacht" can be challenging. Some folks will say a boat larger than 33' is a yacht. Others, primarily those in the day-to-day yachting world, believe that a yacht should exceed 24 meters (78 feet). 

In addition to the base price of the charter, other costs can impact the total expense. Tipping of the crew, fuel costs, and provisioning contribute to the overall impact to your wallet. Beyond the base rate, one can expect to add another 25% - 50% in expenses. In this article we'll cover the specific add-on costs of yacht chartering. 

What is the Average Cost To Charter A Yacht?

What Are The Factors That Affect Yacht Charter Prices?

Charter prices jump around all the time, so it's hard to say for sure how much it is to charter a yacht at any given time. However, you can always estimate. Below are some of the factors that affect the price.

As with any resort destination, there is a high and low season for yacht charters. Prices will rise and fall seasonally like hotel rates rise and fall. That means that you can expect to pay top dollar in the Caribbean during the winter. 

If the Mediterranean speaks to you, summer is going to be the priciest time of year. Off-season, possibly with overcast days, cooler waters, and more wind, you can still charter a boat and will certainly save money over high-season pricing. Know too that lower costs don't necessarily translate to a lower-quality experience.

Before high season hits or as the high season fades, you'll find that it's easier to charter a yacht in some of the more desirable locations. These more tranquil times of year appeal to those who aren't looking for the action-packed, party-hard crowds that may flock to prime berths and moorings in conjunction with major social and sporting events around the world. 

Major events aside, there's no lack for other things to do in these locales. The reduced costs from steering clear of crowds affects other activities too during these slower times.

Shoulder seasons offer less intense weather than high season. In the Med, high season means higher temperatures. Milder weather can be just as appealing to individuals less inclined to bake themselves in the hottest sun during July and August.

The earlier or later in the season, expect charter costs to decrease proportionally relative to how far early or late you're able to cruise. Expect to save somewhere in the 15% - 20% range. In some instances you can snag a deal with savings of 50% or more. 

So, you've watched every season of Below Deck and have your heart set on chartering the Below Deck yacht? Well, be prepared to pay a premium for a boat with any notoriety or celebrity association. 

From yachts sailed on by Kourtney Kardashian ( Sealyon ) and Beyonce ( Halo ) to yachts used on reality shows like The Bachelor ( Leight Star ), the celebrity stamp of approval means even bigger bucks are needed to charter these boats. 

Aside from celebrity significance, the type of yacht is also a pricing factor. Smaller yachts and yachts that are wind-powered (catamarans) are going to be cheaper than larger boats with big fuel tanks for getting from Point A to Point B.

For enthusiasts seeking yachting experiences, exploring the cost to charter a yacht is an essential step towards planning a memorable journey, especially if you're looking at a destination like British Virgin Islands. One of the best providers that can assist in the process is BVI yachting .

Destination

Supply and demand, as with all things economic, affect a yacht charter fee. In destinations with an ample supply of yachts (places like the British Virgin Islands, the Bahamans, or the Med), the availability makes prices more competitive. 

In more remote charter locations, like Indonesia, French Polynesia, and Costa Rica, a more limited supply of yachts drives fees up.

Advanced Provisioning Allowance

APA (advanced provisioning allowance) is money in addition to the base cost of the charter. APA is used for paying expenses on board such as food and beverage, berthing fees, customs, and fuel. Like a bank account, the captain and chef are able to access the APA to cover expenses while on board the yacht. 

The amount needed for APA is dependent on the cost of fuel and berthing locally. Foodies wanting the best of everything for every meal will have higher APA costs than clients with less discriminating palates.

Generally speaking, plan to pay 30% to 40% of the base charter fee for APA. Spending more time underway and cruising from spot to spot as opposed to laying at anchor and saving fuel costs affects APA. 

Crew Gratuity

Tipping your captain and crew is a standard industry practice. That expense should be looked at closely when considering how much it costs to charter a yacht. Because gratuity starts at 5% and goes up to 20%, it has a sizable impact on overall cost for your charter experience. 

Tips are generally provided to the captain in cash. In some instances, rather than carry extra cash, clients can wire their tip in advance to be held in escrow. 

What is the Standard Gratuity for a Crewed Yacht Charter?

Because gratuity starts at 5% and goes up to 20%, it has a sizable impact on the overall cost of your charter experience. In the Med, based on input from the Mediterranean Yacht Brokers Association (MYBA), most tips are in the 10% - 15% zone. 

Some background on Mediterranean gratuity: At one point several years ago, certain clients were tipping exorbitant amounts which led to increased expectations of yacht crews. When other clients weren't as generous, crews were less than enthusiastic, sullying the service image of yacht charters. The MYBA stepped in to level the playing field for a consistent amount and practice in the industry.

When there are extra funds left in the APA at the end of the charter, the funds can be used toward the gratuity or refunded to the client. Some clients will opt to tally 15% of the base cost to add to the APA as a means of being efficient and safe with the gratuity expense.

When you need it and have it, insurance can be the eighth wonder of the world. But it does come at a cost. As with other travel and vacation plans, purchasing travel insurance at the same time as you book your charter can save you money and headaches. It also buys peace of mind. 

As compared to other costs (i.e. APA, gratuity), travel insurance for your yacht charter runs in the 3% to 10% of the base fee range. Consider comprehensive travel insurance which lumps together coverage for the trip itself, medical/health situations, and the personal property you have with you on the trip. 

How Much is a Yacht Per Day?

During the low season, chartering a yacht can cost from $1,500 per day to $10,000+ per week. When it's high season, size of the yacht dependent, in the US, one could plan to pay $3,000 per day or $15,000 per week. Charter per-day prices tend to be higher than per week charges.

Average yacht charters are a weeklong (seven days). Some charter companies have a five-day minimum. In larger cities, it's possible to charter a yacht for a day or two but expect to pay a -higher average per day than you would for a five to seven-day charter.

How Much Does it Cost to Charter a Yacht for 3 Days?

Pricing factors aside, a three-day charter can run from $2,500 to $10,000 depending mostly on the size of the boat and number of guests.

In the Bahamas, three-day yacht charters are not unheard of. The Bahamas is likely the most popular place to do a three-day charter. If one were to charter for three days in the Bahamas. This compares interestingly to the going rate for the Below Deck yacht for a three-day charter is $45,000 (plus gratuity and more).

How Much Does it Cost to Charter a Yacht For 7 Days?

Pretty much the standard yacht charter length, most pricing that you'll see listed on yacht charter websites focuses on the seven-day charter. 

Driven by location-location-location and size-size-size, a seven day charter will run from $15,000 to several hundred thousand dollars.

Cost Per State to Charter a Yacht

Some states are better known for their yacht chartering options. Many states, even those on the coast in reasonably-sized or well-known cities (Charleston, Washington DC, Philadelphia) don't offer a robust yacht charter industry. 

Major charter boat hubs in the US include Florida, New York, and small pockets of New England on the eastern seaboard. On the west coast, Seattle, Santa Barbara, San Francisco, and San Diego are locales known for yacht charter options as well as large-scale sailing events such as the America's Cup Challenger Series and the Louis Vuitton Cup. Such high-visibility events are certain to attract a yachting crowd. 

While not as active as the east or west coast, a nominal amount of yacht charter activity occurs in the Gulf Coast, primarily because of Florida's western side and plenty of money in the state of Texas.

On average, a catamaran charter in the Sunshine State will run between $1,000 and $3,500 per day. For a luxury yacht option, count on paying from $4,000 to $15,000 daily. As noted previously, additional costs may be incurred on top of the base fee. 

A quick search on a luxury yacht charter website for California shows yacht charters starting at $11,500 (five guests, two crew, 47'). From this low end, prices rise steeply to a high end of $170,000 for a 140' yacht (that sleeps five and has a crew of nine) per week.

Charter a 40' Swan sailboat without a captain for less than $3,000 per week in New York. Or go big time and splurge on a 180' superyacht with room for 12 guests and 12 crew for the price of a cool $1.2/M per week – or $170K per day.

Luxury yacht charters in Seattle range from $4,500/day to $6,100/day with a captain.

If JR Ewing from the TV show, Dallas, was going to charter a yacht, he could expect to spend anywhere from $1,200 to $5,000 plus per day. High-end, luxury yachts in Texas can easily cost $4,000 a day or more.

In comparison, the cost for a yacht character in Puerto Rico is around just $1,100 per day, which is much more inexpensive.

How Much is it to Charter a Luxury Sailing Yacht?

Luxury sailing yachts are typically more cost-friendly than motor yachts. That's no surprise given the price of fuel. Chartering a sailing yacht will typically run anywhere from $1,000 per day to $25,000 per day.

Obviously, the bigger the sailboat, the bigger the charter fee. A cost-savings option is to bareback charter – which means there is no captain or crew. This option should only be considered by experienced sailors.

Itemizing the costs of a luxury sailboat charter versus costs of booking at a hotel or resort in the same destination quickly brings the yacht-charter savings difference to light. 

Excursions, food, beverage, and other amenities add up quickly and expensively at a resort. With a luxury charter, meals and drinks are included as are water sports and jaunts to unique, hidden getaways.

Wrapping It Up

The thought of chartering a yacht and getting away from it all conjures lovely visions. Breakfast service by uniformed crew members featuring exotic fresh fruit and mimosas. Dancing on the deck bathed in the moonlight dappling the calm seas. Slipping down a three-story slide into warm Mediterranean waters. A dinner table piled high with fresh seafood plucked from the sea only hours before.

Visions like these have created a growing interest in private yacht charters. With increased demand, a variety of companies have sprung up to provide first-class experiences to people ready to step off the dock and onto a luxurious salt-air encounter.

If chartering a yacht is on your bucket list, start by googling "yacht charter + your dream destination." This will give you a quick idea of specific pricing for a specific scenario. Knowing the number of guests that would be on the yacht is key information to share with google to better narrow down the pricing range.

 Lastly, keep in mind the other big factor shared earlier – timing. If budget is a consideration (and when isn't it…), don't forget that off-season charters may offer substantial savings without much compromise on a quality experience.

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How Much is a Yacht Charter? 3 Main Costs Explained

Updated: Jul 14, 2022

Chartering a yacht can bring a lot of enjoyment and is one of the best ways to enjoy being out on the water for a variety of events and celebrating special occasions . Coordinating your charter and estimating the true cost of your excursion can be a challenging exercise. There are a variety of ways brokers and charters structure their fees and additional costs that we will break down while noting things that you should consider. We will also describe how rates can vary if you are looking to charter a yacht for a few hours, on a per-day basis, a long weekend, or more than a week.

As a general rule, the longer you commit to being on the yacht, think a week or more, then the more your rate for the yacht will decrease, but note that this is just for the boat . The primary factor driving the discounts is that the owner is securing more usage of the vessel and will happily discount the rate, but other costs will still increase for you. This brings us to the first major additional fee impacting the final cost of a yacht charter; the cost of operating.

1. Advanced Provisioning Allowance (APA)

Get ready to put down your credit card because selecting a yacht for your needs is just half of the journey and cost as you see in the below breakdown. Charters often change you all or a portion of the costs they intend to incur for operating the yacht. Not only are you charged for each item, but you pay upfront in the form of APA. This payment advancement is established to hold funds that will cover operating costs and the APA typically starts at around 30% to 40% of the cost to reserve the boat. The APA covers just about anything that goes into operating the yacht during your charter. It's important to note that the 30%-40% hold may cover all costs, but if you go over expect additional charges or if under the APA hold, a return of unused funds.

Below are the main items that typically fall under APA and an estimated cost per day for a 70-foot yacht accompanying 12 guests.

Fuel - $150 to $400 per day

This will vary depending on your itinerary, engines and fuel type, running efficiency, as well as the actual cost of fuel. Expect fuel prices at the dock to be 10% to 35% higher than at a traditional gas station. Diesel fuel, most common on larger boats, tends to be marked up less than gasoline. For a standard day charter, the boat typically will be out cruising for around two to three hours each day if staying local.

Food and Drinks - $50 to $150 per day per guest

Your food and drink budget can add up quickly depending on your tastes, how many meals you are eating on board, and of course the number of guests. If you are eating three meals plus snacks on board then the cost will increase vs two meals and snacks. Prefer steak, lobster, and fine wine to sandwiches, pizza, and beer, then expect the price to increase even more. One other thing to note is that if your requests require specialty shopping then there may be a fee added to the total food and beverage costs.

Chef - $250 to $750 per day

Some chefs will include their fee into a cost per person, which also includes the cost of the food. However, there are some chefs who will come on board to prepare the meals you've chosen and then charge a flat fee per day or meal for their time. Some celebrity chefs, think Top Chef contestants, will demand a higher fee, but we've estimated this cost without the celebrity factor.

Entertainment and Amenities - $200+ per day

Depending on the size of the yacht, it may include a tender, jet ski, water pads, slide, stand-up paddle boards, SEABOBS, flyboards, snorkel gear, kayaks, and inflatable islands, or more with their standard boat fee. With all of the options available, it's unlikely that most yachts will be able to have all of these items available for your charter. This is why most charters offer add-on options which are then charged as an additional cost and deducted from the APA. Entertainment such as live music, DJs, wine tastings, seaplane tour, photographers/videographers, and more is most likely another add-on, and the cost is a pass-through deducted from the APA. Internet and other utilities may be charged back to you as well.

Harbor and Docking Fees - $100 to $225 per day

Planning on visiting a different marina or making a few stops throughout your charter? Prepare to pay any harbor fees and/or docking fees. Some harbors, not as common in the U.S. for recreational charters, charge visiting vessels a harbor fee which is used to maintain the harbor. If the yacht you are on spends any time at the dock of a marina there is oftentimes a fee based on the yacht length and time spent at the dock. Reservations may be required but some marinas are making it easier to book and manage through services like Snag-A-Slip . Note that this should only apply if you are booking multi-day charters.

Delivery and Pickup Fees

If you want to be picked up or dropped off at a location outside of your charter's marina, there oftentimes is a cost associated that covers the yacht's time, crew, and fuel. This can vary based on a variety of factors, but if you want to be dropped off at a different location to end your charter and the return trip back is two hours, expect to pay $1,000 to $2,000 for the empty leg trip the charter makes back to its homeport.

Tip - $1,000 to $1,750 per day

Most charters strongly encourage tips for the captain and crew who are taking care of things before, during, and after your charter. How much you tip the crew of a yacht is dependent on the level of service and your satisfaction. It's completely discretionary, but usually expected and ends up being 15% to 20% of the charter cost. This can be deducted from your APA if there are funds remaining or added on at the end of your trip.

Captain and Crew*

The asterisk* is here because most characters include the basic crew required to operate the yacht in their base boat charge, typically a captain and one deckhand. See point number three below for potential additional costs .

2. Charter Duration

There are many charter operations that only offer half-day or full-day charters. This is due to some complexities that arise once you mix in overnight charters. Overnights require a 24-hour crew, hotel-like amenities, and a few other logistical items. As a general rule, if you book a longer charter, then the less expensive it is on a daily basis. Charters may offer multi-day discounts because of the reduced prep work, cleaning, onboarding, offboarding, and the most important factor is that the yacht is actually working and making money compared to sitting empty at the dock. Some charters will offer between a 15% and 40% discount on the yacht/boat fee for longer bookings. This is because, as mentioned above, most of the operational costs are still passed through to you in the APA, so adding days to a charter doesn't increase the operational costs because that cost is passed on to you!

3. Number of Guests - $200 to $400 per day per crew

Most charters have a cap of 12 guests due to various regulations of the charter business. When charters quote you the yacht/boat fee, it typically comes with a captain and one crew member. If you are hosting up to 12 guests, then it will indicate to the charter if additional crew members are needed. For instance, if you add on specific water activities, it may require a dedicated crew member just to manage the usage of those add-ons. If there is a high demand for food and beverage, that may also warrant another dedicated crew member for prep, serving, and cleanup. If there are a total of 12 guests, the odds are that the yacht charter may require a minimum of three total crew members, not including the captain. The additional two crew members are not free and their costs will be added to your bill. Yacht charter crews are paid anywhere from $200 to $400 per day plus tips at the conclusion of the charter.

As an example, let's say you are trying to figure out how much it costs to charter a yacht for three days on a 70-foot yacht for 12 people. There are some other factors to consider such as the specific type of yacht, age of the yacht, location, and time of year, so use this as a rough guideline.

The daily breakdown for traditional charters is approximately $10,700 per day. Artizia Yachts is a unique and exclusive membership program growing across the U.S. and eventually overseas. There are three different membership options that can cut the cost of charters in half while still providing a private and luxurious all-inclusive experience. Membership spots are limited for each yacht in order to allow easy booking and availability to members.

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How Much Does it Actually Cost to Charter a Yacht?

From tips to APAs, we steer you through all the costs associated with private yacht charters.

By Emma Al-Mousawi

The appeal of yacht travel is unmatched: complete privacy, round-the-clock service, stunning locations and the option to simply travel a new path if the weather forecast turns inclement – what could be better? But, benefits aside, one key questions remains on the minds of sea-farers to-be: how much does it actually cost to charter a yacht?

There is no denying it – yacht charter does not come cheap, with plenty of potentially hidden costs lurking among every decision. Fortunately, though, with proper advance planning, expert knowledge and the right professionals in your corner, chartering a yacht can be a breeze – and without any worrisome bills to round off your trip.

[See also: The World’s Most Expensive Yachts for Charter]

What will my yacht charter rate include?

There are generally two types of yacht charter: an all-inclusive charter and the more common ‘plus expenses’ charter. As the name suggests, the cost of an all-inclusive yacht charter will include (almost) everything such as crew, food, drinks, fuel and water sports equipment (though always check as this does vary between charter companies). However, some all-inclusive charters won’t include dockage or mooring fees, which can soon add up – but more on that later. 

A ‘plus expenses’ or ‘separated charges’ charter is where a base price is charged for the ship and its crew, while everything else is paid for through an ‘Advance Provisioning Allowance’ (APA) before you step onboard. Prior to a voyage, guests will complete a preference sheet with their likes and dislikes, enabling the chef and service team to stock up on the guest’s favorite items. This tends to be the norm on superyacht charters as it allows for a much more tailored experience.

As well as covering food and beverages, an APA will also cover things like fuel and possibly dockage. It is usually charged at around 30% of the yacht’s base rate. According to luxury yacht brokers Northrop and Johnson, the average price paid by its customers for a week’s ‘plus expenses’ charter was around $152,000 in 2020, which would mean an APA of around $45,600 – not a small sum, so it’s something to be aware of when selecting your vessel. 

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A third, less common charter is a ‘bareboat’ charter. This is a charter without a crew or provisions and only generally favored amongst experienced yachtsmen and women or those who can supply their own crew. 

[See also: How to Charter a Superyacht]

Does size impact how much it will cost to charter a yacht?

The reputation of the crew, the age of the yacht and its design will all influence the price of your charter. However, the single biggest factor that will impact cost is likely to be the size: the bigger the yacht, the more you’re likely to pay. 

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For example, with leading yacht brokerage Burgess , a week’s charter in the Caribbean aboard the 163.3-ft Home starts at $245,000. If you opt for the larger Laurentia , at 180.5 ft, the price starts at $400,000. Both yachts were built in 2017 by leading Dutch shipyard Heesen and have capacity for 12 guests, but there is over $150,000 difference in the price. Naturally, you can also expect a higher APA for a bigger ship. 

Novice charterers might be surprised to learn that a larger yacht doesn’t automatically translate into a larger guest capacity. Most superyachts are capped at a 12-guest limit due to International Maritime Organization safety regulations.

Does the type of yacht impact the price?

The answer is yes, but to a lesser extent than size. There’s something for everyone when it comes to yachts: classic yachts (built between the 1920s and 1970s) allow you to experience old-school glamour of a bygone era, whereas sportfishing yachts are nimble and offer a long-range to get you to the best fishing (or diving) spots.

Sailing yachts are a popular choice amongst boating enthusiasts, but by a long shot, the most popular charter yachts are motor yachts. These are typically what spring to mind when you picture a superyacht and, size-dependent, tend to be the most expensive type of yacht to charter, often being pricier to purchase, maintain and fuel. Explorer yachts are motor yachts designed to cope with the most extreme conditions – if you’re planning a luxury superyacht charter to Antarctica, for example, it’s likely to be aboard one of these.

Over the past decade, explorer yachts have skyrocketed in popularity amongst intrepid travelers looking for opulent adventure on the seven seas. A week onboard on of the world’s fastest explorer yacht, the 311.68-ft Bold , costs approximately $949,300. This also makes it one of the world’s most expensive yachts to charter, in line with what you’ll pay for chartering the crème de la crème of the more ‘conventional’ superyachts typically seen on the French Riviera, like the ultra-glamorous O’Pari . A week’s charter onboard the 312-ft O’Pari comes complete with custom artwork and DJ booth costs from $1.85m.

[See also: The Best Luxury Yacht Builders in the World]

Is chartering during certain months more expensive than others?

The time of year will impact your charter price. In yachting, there are two main seasons – summer and winter – and chartering during these peak times will push up the cost. The summer season runs from May to October, with peak rates in July and August. The winter season runs from November to April, with peak rates over the Thanksgiving and Christmas holidays and into New Year. Location also dictates the price of a charter; for example, Caribbean charters are costlier from December to March whereas Mediterranean charters are at their priciest during the summer months. 

How much do you tip on a yacht charter?

Not even a Mediterranean jellyfish has the power to sting an unassuming first-time sailor like end-of-trip expenses. 

With ‘plus expenses’ charters, your APA is paid before you set sail. However, a detailed list of outgoings will be kept by the ship and if your expenses surpass the amount of your APA, you will be asked to cover the amount for the remaining charter. Saying this, it does work both ways – any unspent APA will be refunded to you. 

On both all-inclusive and ‘plus expenses’ charters, crew gratuities are not included in the yacht charter price. If you were happy with the service, the going rate for tips is around 15 to 20% of the charter cost. 

Depending on your charter agreement, docking fees, a charge you pay to keep your yacht in a marina or harbor overnight, may or may not be included in the cost. These can vary greatly depending on the location, time of year and the size of your yacht. Expect to pay the highest docking fees on the Mediterranean during high season with Capri and St Tropez commanding some of the steepest premiums.

Your itinerary can also affect the price, as traveling to places like Antarctica and the Arctic Circle requires expensive permits. Certain destinations will also charge tax and VAT, so it is sensible to check with your broker if you’re keen on getting a cost breakdown before your trip. 

[See also: The Best Superyachts to Charter This Summer]

Emma Al-Mousawi

Latest in luxury, the explorer.

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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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Breaking down the costs of chartering a yacht.

April 6, 2020 by John

There is something magical that calls us to the sea. Many people dream of sailing off into the sunset. If you don’t own a boat, your best bet to have this experience is chartering a yacht.

Whether for an afternoon or an extended voyage, there is a lot to consider when choosing a charter. Aside from the experience and reputation of the charter company, you also need to think about your budget.

How much to charter a yacht? We breakdown the costs of your sea voyage.

What To Consider When Chartering a Yacht?

When it comes to yacht cost, there are several things to consider. Your choices will ensure that you stay safe and give you the opportunity to relax.

• Yacht size & type
• Destination & season
• Length & type of the trip

Let’s jump into each of these categories so you can determine your needs. This will make it easier to break down costs for each category and the trip as a whole.

1. The Captain

Is someone in your group going to be the skipper? Who is qualified to operate a sea vessel? If you plan to captain the ship yourself, the charter company will want to see a yachting license.

If you don’t have an “in-house” captain, most charter companies will provide one.

You will also need to decide on a crew. You may need one depending on the size of the yacht and the number of people in your party. A good crew will ensure you actually get to relax and enjoy the voyage.

2. Charter Yacht Type and Size

Your next big decision should focus on the type of yacht you want for your trip. There are three main categories of boats, sailboats, catamarans, and motorized yachts. Some yachts operate using a combination of sails and a motor.

They type of trip, the size of your party, and the number of crew members will determine your decision. There may be other considerations, such as the level of comfort, amenities, and service you expect.

The larger and more luxurious the yacht, the more it will cost. A larger yacht will require more crew, which will also increase your costs.

3. Destination and Season

Your destination will be a big factor in determining the cost of a charter. If you’re chartering a day trip while on vacation, you won’t have to worry too much about travel costs.

However, if you plan to sail to another destination, expect your expenses to rise. If you live in the U.S., a sailing trip to the Caribbean won’t be as much. Exotic destinations in the Mediterranean or Asia will be much more expensive.

The time of year will also be a factor. Heavy travel seasons are more expensive. For instance, high summer is the most expensive in the Mediterranean while winter is the most expensive in the Caribbean.

4. Length of Trip

The cost of your trip is dependent on how long you plan to sail. The average yacht charter is one week, however, you can go for two or more weeks. Unless it’s a day charter, most companies require you to book at least 5-7 days.

Pro Saving Tip:  S ave money by starting your trip during the week rather than a weekend.

5. Cost of Food

Even if you are only sailing for an afternoon, you will likely get hungry at some point. A long trip will require at least three meals a day, multiplied by everyone on board. The skipper and crew will need to eat, too.

You could do the cooking yourself, especially if it’s a short trip. If you don’t want the hassle, you could hire a private chef or use one provided by the charter company.

Charter Price Structure

There are two basic price structures when it comes to charter cruises: All-Inclusive and Plus Expenses. They work in very different ways.

All-Inclusive Charters

This structure means that everything is included .   The rate is based on the number of guests and includes the skipper and crew, food, drinks, water sports, and fuel. Only dockage fees and taxes are calculated separately.

You’ll find these kinds of charters mainly in the Virgin Islands.

Plus Expenses Charters

If you’re choosing a large motor yacht, you will most likely be dealing with this cost structure. You’ll pay a base price for the yacht itself, but all of your other costs (called “running expenses”) are calculated separately.

Running expenses are paid by an Advance Provisioning Allowance (APA), which ends up being about 35% of the base price.

How Much To Charter a Yacht?

How much is a yacht for rent? Let’s break down the cost based on boat type and size for a week-long outing.

Average Weekly Sail Boat Charter Rates:

• Under 80ft = $10,000 – $20,000
• 80ft – 120ft – $20,000 – $50,000
• 120ft – 150ft = $50,000 – $100,000
• Over 150ft – $100,000 – $200,000

Average Weekly Catamaran Rates:

• Under 50ft = $10,000 – $15,000
• 50ft – 65ft = $15,000 – $30,000
• 65ft – 80ft = $25,000 – $50,000
• Over 80ft = $40,000 – $100,000

Average Weekly Motor Yacht Rates:

• Under 80ft = $15,000 – $35,000
• 80ft – 120ft = $35,000 – $80,000
• 120ft – 150ft = $80,000 – $150,000
• Over 150ft = $150,000 – $500,000

How much does it cost to rent a boat for the day or for a party? The average price can be anywhere from $500 – $5,000 per person.

Taxes and Added Value Tax

No matter the type of yacht or charter, you will have to pay either a local tax or Value Added Tax (VAT). The tax amount will depend on your destination. Here are some examples of popular destinations for charter excursions.

• Bahamas = 4%
• British Virgin Islands (BVI) = $6 – $16/day depending on the flag of the boat
• Florida = 6% (Broward County), 7% (Miami-Dade Country)
• France = VAT 20% or 10% if the trip includes International Waters
• Greece = VAT 12%
• Italy = VAT 22% or 6.6% or 8.8% if trip includes International Waters
• New England – No Tax
• Spain = VAT 21%

Find out more in-depth information about what goes into determining  yacht charter pricing.

Get Ready To Set Sail For an Adventure at Sea

Chartering a boat or yacht for an extended vacation or even for the day is the ticket to a high seas adventure you will never forget. Do your research to determine how much to charter a yacht.

Be sure to explore our site for more travel tips . You can also find information on our blog as well as popular destinations in North America and the Caribbean, Europe, Asia, and Australia/New Zealand.

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How much does a yacht charter cost? Guide on all those Extras, VAT's, Includes

Thinking about renting a yacht but the idea of all the possible «hidden costs» may scare you off? We’re here to answer all the questions and guide you through the booking process by talking about all the costs to bear in mind so you can have a yacht charter vacation of your dream and know what you’ll pay for and what’s included in the charter.

BONUS : several insights on how to save on renting a yacht and have a dream vacation come true!

How much does it cost to hire a crewed yacht?

Getting ready to book a yacht and plan your ultimate yacht charter experience can be a challenge, especially if it is your first time to have such a holiday. And even for an experienced charterer, it is time and energy-consuming to do research, make all those choices, calculations, organization.

Here at Contact Yachts , we’re happy to take care of all the processes and minimize the time and energy you spend on the activities that a professional yacht charter broker can assist with. Estimating costs is one of them.

After reading our detailed yacht charter cost guide you will know all about yacht hire pricing and have answers to the following questions:

• What is a base charter price?
• How is it formed and what does it depend on?
• What are the extras when it comes to chartering a yacht?
• What is included in the charter rate?
• What is an all-inclusive yacht charter?
• What bookings terms apply for renting a gulet?

What is a yacht charter fee and what does it depend on?

The average cost to rent a yacht may range anywhere from 5,000 Euro per week for a gulet , a sailing yacht, or a catamaran and up to 4,000,000 Euro per week for the mega yachts that are completed with elevators, pools, beach clubs, spa saloons, cinemas, helipads and even submarines.

Yacht charter prices are quoted by the week. And the cost doesn’t change whether there will be only you on a yacht or the full capacity of the yacht (6, 8, 12 guests). The exception can be observed in the Caribbean where some catamarans are priced depending on the number of guests chartering a yacht.

Example: catamaran Zingara in the Caribbean is 42,800 USD per week for 2-6 people onboard, and it is 49,100 USD per week for 10 people onboard.

A yacht charter fee is a rate you pay to hire a yacht with all equipment working in order and the crew service (navigation, cleaning, cooking, serving food and drinks by the crew) during the cruise. The rate is set by the yacht’s owner.

It also depends on various factors, such as:

• Type and size of a yacht
• Age of a charter yacht
• Destination where you want to charter a yacht
• Season when you plan to hire a boat

A charter fee may include some services, food, drinks, taxes or may include only the hire of a yacht with a crew, and that’s it.

The most significant factors that affect a yacht charter fee

• Season factor

It costs less to charter a yacht in the low season months, whereas a yacht charter in high season (the most popular months to have a yacht vacation) will be much more expensive. For example, a high season period in the Caribbean is the holiday season including Christmas and the New Year. In Europe, high season months refer to July and August.

• Yacht type factor

The yacht’s type (catamaran, motor yacht, sailing yacht, gulet), her size, manufacturer’s brand, age of a vessel, its reputation, range of water toys available onboard, types of engines, and other yacht type-related factors play an important role and affect the pricing of a yacht charter. It is generally more expensive to hire a motor yacht than a sailing yacht or a gulet as it costs more to build one than the other two types. So the more expensive it is to build a yacht, the higher her charter price will be.

• Destination factor

Prices to hire a yacht may be quite high in the cruising grounds where the fleet is very small, like Galapagos, for examples. In the meantime, in Turkey, where the largest gulet fleet can be discovered, rates to charter a classic wooden yacht are more competitive. Some countries require a local tax (VAT) to be paid on top of the charter rate, some - don’t. For example, in Greece, you will pay 12% VAT and in Montenegro - none, in Turkey the VAT is 18%.

What is included in the base charter fee and what is excluded in the yacht hire rate?

In reality, there’s no universal answer to this question. Additional expenses applicable on top of the charter fee and the «includes» are the subjects to the terms and conditions of the charter contract for a specific boat in the specific yacht destination.

In the yacht charter industry, there are several types of contracts and yacht charter types that you should be aware of, and they will outline for you all the essential information about costs.

Why hire a yacht? Top reasons to choose a sailing vacation over a cruise ship holiday

Crewed yacht charters can be «All-inclusive» and «Plus expenses charters».

An all-inclusive yacht charter can be seen mainly in the Caribbean. The rate for such cruises is based on the number of guests, and it includes food (three meals per day) and drinks (soft drinks, beer, wine) during the charter, usage of water sports and the fuel needed for navigation (approximately 4 hours per day), harbour fees. Some taxes and dockage can be charged extra. The contract for such charter is known as Caribbean Terms Inclusive (CTI). However, this is most common for catamarans chartered in the Caribbean. Motor yachts mostly operate on the terms where every expense is extra. This is explained in the next paragraph.

A plus expense charter is the most common type of yacht cruise. It means that the base charter fee doesn’t include any expense and it is paid additionally by the charterer. Such expenses refer to food, drinks, fuel needed for the navigation, running the generators and water sports equipment, as well as fuel for dinghy or tender, any local taxes, private marina fees, land excursions, transfers, rendezvous diving, etc. Such expenses are paid by APA (Advance Provisioning Allowance). Usually, it is 25-30% of the base charter fee depending of course on the preferences of the charterers. It means if you'd like to dine with caviar every second day and consume exclusive and rare wines, the APA could be a bit higher than it usually is. APA amount is paid before the charter via bank transfer or by cash.

The «plus all expenses» contract is also known as MYBA contract (formerly known as Mediterranean Yacht Brokers Association, and now Worldwide Yachting Association). Contact Yachts is a proud member of this prestigious yachting association. MYBA contract is indeed the most commonly used contract when it comes to yacht charter anywhere in the world.

Motor yacht OTTAWA in Croatia

Gulet MORNING STAR in Croatia

What is APA?

APA is allocated to the yacht ahead of the charter for the purpose of provisioning the yacht with the exact items required for the preparation of your meals and snacks during your charter, as well as fuel for the yacht. Should the 30% APA exceed the amount required to provision the yacht prior to the charter, and procure any additional items during the course of the charter, the excess amount is always refunded to the charterer at the end of their cruise. Of course, the opposite may also apply, where an additional amount of APA is requested so as to cover expenses. You can control charter expenses by simply staying in touch with the captain and your booking agent.

A detailed list of the various costs involved in chartering a yacht that are or not included in the charter rate

• Crew, its service and crew salaries (included in the base charter rate);
• Usage of the available water toys on board (included in the base charter rate);
• Fuel to run water toys such as Jet Ski, and the tender (not included in the base charter rate);
• Diving (in most cases is not included in the rate and must be paid extra during rendezvous diving appointment);
• Food and Drinks (can be included in the charter rate in the Caribbean or for some specific boats according to the owner’s decision, however in most cases not included and must be paid by the charterer. The products are purchased from local supermarkets and shops so you don’t pay any «added costs» and markups for the items baught - only the price that’s mentioned in the store);
• Fuel for the generators producing electricity (not included in the rate except for some gulets in the Eastern Mediterranean);

Dinner with friends onboard a gulet

• Fuel for the navigation of the yacht (not included in the rate except for some gulets in the Eastern Mediterranean and catamarans in the Caribbean. Also keep in mind if travelling at high speed when chartering a motor yacht, the yacht consumes more fuel, so the expenses will rise);
• Wi-Fi onboard (usually it is included in the charter rate, but also can be extra as well. This must be mentioned in the contract);
• Entertainment system onboard such as TV, music system, DVDs, games (included in the charter fee);
• Tips (not included in the hire rate, and is given by the charterer to the crew based on the personal decision of the guests. If so, generally, it is 5-15% from the charter fee);
• Satellite connection (not included in the hire rate);
• Harbour and dockage fees (usually not included in the hire rate);
• Private marina visits (not included in the hire rate);

Keep in mind you are not obliged to visit private marinas, and the usage of the satellite phone is only based on your need. So when you look at the break down of costs mentioned above, you can choose what to experience and what not to in order to minimize the costs. So you see as a charterer you can easily keep a track of the expenses.

• Delivery fee is charged only if a charterer decides to hire a yacht (or depart from her) from the port that’s different from the home base of a yacht;
• Laundry of the yacht’s items (bed linen, towels, sheets, table cloth) is included in the charter fee. Some yachts can do laundry of charterer’s personal items free of charge, however not often and they can’t bear responsibility for washing delicate items due to the absence of special equipment for that;
• Value Added Tax is usually not included in the charter fee and must be paid extra. For some countries it is not applicable so there’s no need for VAT. Some yachts can have VAT included in the charter rate. This depends on many various factors, and our yacht charter specialist will provide you all the accurate information about VAT for each specific boat during the inquiry process;
• Other possible extras are customs clearance fees if you sail to another country (from Turkey to Greece, for example), national park fees, land tours, excursions, guided tours, transfers, air tickets.

Motor yacht ORIENT STAR in Turkey

Gulet pricing terms

Gulets that are popular charter yachts in Turkey , Greece , Italy , Croatia usually have their own specific pricing terms different from the motor yachts, MYBA contracts, Caribbean terms.

Gulets’ usual pricing structure is as follows. The charter fee includes hire of the yacht, crew service, fuel for 4 hours of cruising per day, sometimes VAT, and fuel for the generators, onboard entertainment equipment, yacht’s laundry. Everything else is extra, as well as fuel to run water toys equipment and the dinghy. As for the food, you’re welcome to order anything you’d like before the charter and pay for the purchase of the goods, and the chef will use them to prepare meals, or there can be Full Board and Half Board options. Full board includes breakfast, lunch, dinner, and can be priced 65-85 Euro per person per day. Half board includes breakfast and a lunch or dinner (one of the two meals) and is usually priced at 50-65 Euro per person per day.

Affordable gulets for rent in Turkey for 8-16 guests

Can a yacht charter vacation be cheaper than staying in the hotel?

Sure, it can, unless of course you charter a mega yacht for up to 200,000 Euro per week and higher.

Let’s take a look at the Greek gulet HERA. Her high season rate is 14,000 Euro per week, and she can accommodate 25 guests onboard. If you are planning a corporate gathering or some special yoga charter, etc, and can bring such a group to a yacht, the cost is very low per person. We should also mention that the Half Board is included in the charter rate. So 14,000 Euro / 25 guests = 560 Euro per person per week. And it is only 80 Euro per person per day for accommodation on a yacht and 2 meals per day. Greek VAT of 12% is also included in the charter rate.

How can you get all the information about a specific yacht?

If you like a specific yacht listed on our website or you’re seeking information for the one that’s not here, contact us to get a comprehensive breakdown of her charter rates and fees.

A yacht vacation is more affordable than one may think

Now you know that vacating on a yacht for sure isn’t reserved only for the richest among us - owning a superyacht yes, but not spending a beautiful holiday onboard a charter yacht. And what’s important - you have an answer to a popular question «How much can it cost you to charter a yacht for a week or so?». At Contact Yachts , we hope this detailed guide on costs, includes and excludes is useful for you.

Transparency of the costs is essential

Our aim is for you to feel comfortable when it comes to yacht charter prices. We believe that the booking process and prices for a holiday on a yacht must be as transparent as possible. Knowing break down of the costs in advance can help to relax your mind and not thinking much about calculations and fear of unexpected things to arise.

From one side all mentioned above looks complicated, but in reality, it’s not.

How to make a yacht charter booking process easier?

Your priority is to choose a destination where you want to hire a yacht, decide which type of yacht to charter and when. The broker then sends you a list of available yachts in the specific area according to your budget and preferences, and of course, he or she mentions to your what booking terms and costs are applicable for the yachts you liked the most. So the yacht charter agent shares all the information needed for you instead of you going and doing this long research.

We are here for you

At Contact Yachts, we know it takes time to book a perfect yacht, but it’s totally worth it. Once you reach your charter yacht, you’ll feel as carefree as never before. Think of all the beautiful coastal towns and islands you’ll visit without a need for packing and unpacking. Think of all the delicious meals your personal chef will cook for you and the stewardess will set up the table, and you don’t need to do anything for that. Think of the sea that’s just one meter away from you and you can jump into refreshing turquoise water whenever you wish. Think of the silence, privacy, and intimacy of this holiday that can’t be compared to any on land experience.

How to save money on a yacht charter?

Keep in mind that it’s always possible to lower your expenses for hiring a yacht. Our experienced charter brokers will help you to avoid any additional expenses if there’s no real need in them (like avoding visiting private marinas or hiring special water toys onboard, choosing a destination without VAT, etc). At the end of the day the job of a yacht broker to protect the interests of a client and find the best possible way for the charterer to hire a yacht and have an amazing vacation.

Please, browse through our destination guide s and navigate the yachts listed in your chosen destination. You can contact us today for a specific question whether it is a yacht charter inquiry or you need assistance with planning a yachting itinerary. Contact Yachts specializes in fully crewed luxury yacht charters in any part of the world. Our company has been planning and organizing yacht vacations since 1995.

Contact one of our team members for expert help

Email: [email protected]

Telephone: +61 2 8003 4655 (Australia); +90 252 413 63 13 (Turkey); +38 095 4444 261 (Ukraine).

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[email protected] T. +90 252 413 63 13 Whatsapp +90 538 206 95 17

CONTACT YACHTS is a luxury yacht charter company that operates worldwide. Our team of professional charter brokers will assist you in renting, buying, selling or building a new yacht. We also have a concierge team to assist our clients with any VIP request related to a yachting & travel experience.

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Disclaimer: Information displayed is not contractual. Contact Yachts offers details of this vessel in good faith but does not warrant, guarantee or assume any legalibility or responsibility for the accuracy, completeness or usefulness of this information or warrant the condition of the vessel. All information is subject to change without notice. Currency conversions for comparisons purposes only, based on currency exchange rate. All particulars are believed to be correct, but cannot be guaranteed.

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How much does it really cost to charter a luxury yacht?

Booking your first charter can be a tricky stretch of water to navigate, especially when you're confronted with provisioning allowances and price variations before even stepping on board. To make things a little easier, we have put together the ultimate guide to all the costs you might encounter when booking your dream yacht charter vacation...

If you want to charter a luxury superyacht , understanding the costs involved can seem a little daunting first time around. The two important things to understand are your base price, referred to as a "charter fee" or "charter rate", together with what you will be expected to pay on top of it. All-inclusive charter rates are not industry practice, so guests should expect to be paying more than just the basic fees listed on broker’s websites or in their brochures.

The best analogy for determining the cost of your charter is with buying a car. It’s never quite as easy as just walking into a showroom and saying, “I’ll take the blue one.” Immediately the salesman will whip out his order pad and start asking questions. “Do you want a radio?” “How about the fancy wheels?” “Did you want the two-tone paint?”

Yacht brokers will be able to provide you with an accurate estimation of all the costs involved in advance, but here is a breakdown of what to expect.

What is a yacht “charter”?

At a basic level, chartering a yacht means paying a fee to rent out an owner’s superyacht for an agreed period of time with a pre-arranged itinerary of where you will be cruising on board. During a charter vacation you will have access to all of the superyacht’s amenities which could include a swimming pool, beach club or cinema, as well as the toybox, which often provides equipment for water sports like wakeboarding, snorkelling or water skiing. During charters, guests will be looked after by the yacht’s crew, who will take care of your every need, including ferrying you to and from shore, washing laundry and providing meals cooked by the yacht’s chef.

How much does it cost to charter a superyacht?

Across BOAT International's listings, a charter vacation can range from a minimum of €14,000 per week (20 metre yacht George V ) to a maximum of €2,200,000 per week (126.2 Octopus ). Generally speaking, the bigger the yacht the bigger the cost of the charter, but this isn't always the case. There are actually many more factors that can influence the basic charter fee – not to mention the add-on expenses that are involved.

According to averages taken from BOAT International’s listings, smaller superyachts measuring under 30 metres LOA will have a weekly charter rate somewhere around €40,000 while yachts between 30 and 40 metres will weigh in at an average of €70,895 per week. 

Over 40 metres is when the charter rate will move into the €100,000 per week range, with yachts between 50 and 60 metres costing on average €219,826 per week while yachts in the 60 to 70 metre range average €444,521. Mega yachts measuring 80 metres and over will, on average, set charterers back by around €1.7 million a week. This is just an average price, however, and each yacht’s charter rate will be affected by a number of aspects from how many cabins and amenities there are on board to the dates and locations of where the charter takes place.

What factors can influence the base price of a yacht charter?

High season vs. low season.

In general, you’ll find two basic rates: high season and low season, usually with specific dates set for each. In addition, you’ll find chartering around special events that are more expensive: New Year’s Eve , Monaco during the Grand Prix , Cannes during the Film Festival , an Olympic destination or on the sidelines of the America’s Cup .

The key is to choose your times carefully. A difference of one week (from high season into low season) can significantly alter the cost, while still providing the same weather as the more expensive period. For yachts measuring between 30 and 40 metres, the high season price could result in an increased cost of around €6,000 per week. The highest increase in an average charter rate between low and high seasons can be seen in BOAT's listings of yachts measuring between 60 and 80 metres, with high season rates potentially costing around €33,000 extra.

The yacht itself

The yacht itself is a major factor in determining the charter cost, but it’s not just about size. A recently launched charter yacht from a famed builder with an experienced and popular charter crew is going to command top prices for its size range. Yachts with a legendary name or a history of celebrity ownership (for example Malcolm Forbes's iconic charter yacht Highlander , which has hosted everyone from Elizabeth Taylor to HRH Prince Charles) can also ask higher rates just for the “fame” value. And yachts with special features, such as cinemas or exceptional water toys like a submarine are also pricier.

Three different 30 metre charter yachts may vary in cost by as much as €75,000. Ask your broker to explain the differences. One yacht may have a larger and more experienced crew or a big-name chef, another yacht may be a little tired, another may not be in a prime location. It’s important to understand why the prices are higher or lower.

If a yacht has a gap in its charter calendar to fill, for example following an unexpected cancellation, some brokers will occasionally offer a time-limited charter fee discount offer .

What is included in a charter contract?

Knowing the base price of your charter is just the starting point. Depending on the location, which often governs the terms of the contract , more or less may be included in the inital fee, such as insurance or cancellation policies. Bear in mind that every charter yacht, because they are privately owned and the owner sets the rules, is slightly different. One yacht may include a “standard” selection of wines with every meal and charge only to upgrade the vintages, while on another yacht the wines are a la carte. Below we look at the different types of charter contracts you may come across when booking your yacht.

Mediterranean Yacht Brokers Association (MYBA)

Under Mediterranean Yacht Brokers Association (MYBA) charter contracts, which are arguably the most common, the charterer is charged for the hire of the yacht, fuel, marina fees, crew wages, guests' personal laundry, insurance, water toys, food and drink as well as engine room maintenance and miscellaneous expenses. As a round number, which depends on how much fuel the yacht uses and how fancy the meals and drinks, you can expect to add 25% to 50% of your charter cost.

Caribbean Terms Inclusive (CTI)

The Caribbean Terms Inclusive (CTI), which is sometimes called Standard Caribbean Terms (SCT), is another type of charter contract which is more inclusive. It accounts for three meals per day and fuel for four hours of cruising a day. Some yachts under CTI terms include basic beverages (not vintage wines or champagnes), but this is mainly in the Virgin Islands.

Greek Terms (GT)

For yachts being chartered around the Greek Islands and mainland, another common phrase you may come across is "Greek Terms" or a GT contract. This will similarly include the cost of the yacht and its equipment, crew wages and laundry as well as any specific berthing fees required for Greek waters. 

What is an Advance Provisioning Allowance?

Part of your yacht charter contract will include an Advance Provisioning Allowance or APA. This is an amount of about 30-35 per cent of the charter fee for a “plus all expenses” charter and about five per cent for an “all-inclusive” charter. It is sent to the yacht before the charter to provision the yacht according to your preferences.

During the charter, the captain will provide a running account of the usage of the funds and, at the end of the charter, will present a detailed accounting along with any unused funds in cash. If the APA balance runs low during the charter, the client is expected to provide the captain with a sufficient amount in cash to cover the needs for the remainder of their stay. Since many charterers prefer not to carry quantities of cash, the charter broker can hold an amount and release it to the captain as needed. Here is what is covered by an APA...

Food and drink

Before you book a charter, your charter broker can provide you with a good estimate of the additional costs that will be incurred. Food is one of the largest and it is directly proportional to how exuberantly you plan to dine. If you expect several bottles of Champagne with every meal, then you can assume that your costs will be higher.

Fuel can be another cost and, again, it depends on how much the yacht cruises and how fast, too. Time spent at anchor will include the fuel for the generators, while shore-side electricity when at a dock is also an extra. Don’t forget that fuel is also charged for the tenders and water toys , so you’ll pay for the fuel used while zipping around on the jetskis.

Harbour fees and dockage

Harbour fees and dockage are a variable that can range from exorbitant (a front-row dock at the Monaco Grand Prix) to little or nothing in some areas.

Communications

Communications are another cost and, with the options for satellite communications and Internet, an important one for most charterers.

Delivery fee

A delivery fee is usually charged if a charterer requests to board (or depart) a yacht at a distance from where the yacht is normally based.

All the yacht laundry, including towels, sheets and table linens, is included in the charter fee, but some yachts charge to launder personal items of the charterer. Most, however, will do small quantities of personal laundry as a service but they usually won’t be responsible for delicate items.

At the end of each yacht charter, a cash tip is given by the primary guest to the captain to divide amongst the crew. Standards for a crew tip can range from five to 20 per cent of the base charter rate. This is not a cost included in the APA but some brokers will advise that any APA funds leftover at the end of the charter can be used to make up part for the tip. To learn more, read our handy charter tipping guide .

One cost not directly related to the operation of the charter yacht is insurance for the charterer. Cancellation and curtailment insurance is the charter version of travel insurance on airlines and cruise ships: It covers the charterer for the costs if unforeseen circumstances force a cancellation or shortening of the charter. Your charter broker can provide this insurance, which is a wise investment.

Charterers may be charged VAT, or “value added tax”, on the charter fees. Many European countries and a few Caribbean islands add VAT, but it is a complex issue that depends on where you board and debark the yacht, so rely on your charter broker for advice.

Made to measure

While it may seem at first glance that the extras or "hidden costs" on many charters are just a way to pad your bill, they are actually a benefit to the charterer. Food and drink, for example, is custom-ordered to meet the client’s requests, so the level of expense is entirely up to the charterer. Fuel is only charged if it is used and other fees are also at the discretion of the charterer. So you do have a way to control your costs and still savour a luxurious charter. What is important to remember is that each charter is unique depending on the needs and desires of the guests, and brokers and crew will always work to satisfy those demands. Ready to get started? Browse our charter listings to pick the perfect charter yacht for your next vacation.

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BVI, USVI & CARIBBEAN Crewed Yacht Charter Costs

The majority of our luxury crewed yacht charters in the British Virgin Islands (BVI), US Virgin Islands (USVI) and Caribbean are all inclusive, with yacht rental costs (otherwise known as Charter Fees) starting at around $20,000 per week and up to $70,000 per week, plus tip.

How much does it cost to charter a yacht IN THE BVI, USVI & CARIBBEAN? The majority of our luxury crewed yacht charters occur in the BVI, based on true yacht availability and given where the majority of these crewed charters actually occur. These crewed charters are all inclusive, starting at around $20,000 per week and up to $70,000 per week, plus tip. Our other category of higher-end yacht charters start around $50,000 plus all expenses on our higher end power catamarans and around $70,000 plus all expenses on our higher end motor yachts.

What We Do? We specialize in arranging extraordinary crewed yacht charters in the British Virgin Islands (BVI) , US Virgin Islands (USVI) , Bahamas and other Caribbean destinations . We also pride ourselves in being personally familiar with not only the destinations we cover, but more importantly, with our distinctive list of fully crewed yachts, including our popular sailing catamarans plus our luxury power catamarans & motor yachts .

Why Choose Carefree Yacht Charters? Because. Experience. Matters. We're a long-standing top 5 Crewed Yacht Charter Company with over 25 years of industry experience. Our Team's tenure includes 16 years in business as professional Yacht Charter Brokers, including owner-dedicated service from start to finish. Our Team also offers our clients a combined 25 years of experience as professional Crew and while aboard various highly successful yachts in the BVI, USVI & Caribbean. When combined, Your Team at Carefree Yacht Charters is uniquely qualified to expertly and seamlessly handle your vacation of a lifetime. Learn more About Us and the Carefree Difference .

OUR ALL INCLUSIVE CHARTER COSTS VS PLUS EXPENSES CHARTER COSTS:

• All inclusive Crewed Yacht Charters: The majority of our fully crewed yacht charters, are all inclusive. Refer to the charter cost tables below for an indication of our typical weekly "all inclusive" rates, excluding the standard 15 - 20% crew gratuity. Learn more within our Charter Cost FAQ's .
• Plus Expenses Crewed Yacht Charters: Our other category of higher-end yacht charters are "plus all expenses". These higher-end yacht charters start around $50,000, plus all expenses on our power catamarans and around $70,000 plus all expenses on our motor yachts. The rates include the yacht only, with all other charter expenses (such as fuel, food, beverage, bar, dockage, etc.) at an additional cost to the Charterer. These expenses are paid via an upfront APA (advance provisioning allowance) and typically at 35% on top of the noted rate. Refer to the charter cost tables below for an indication of our typical weekly "all-in" rates on our plus expenses yachts, excluding the standard 15 - 20% crew gratuity. Learn more within our Charter Cost FAQ's .

Request a Quote

For specific quotes or for our list of recommended options that fall within your suggested budget range, call us in our South Florida office at 954-980-9281 or Request a Quote . We'll quickly match you with a yacht charter that fits your budget, style and interests.

A group of couples that we booked aboard 58' Catamaran Sea Esta in April 2022 said:

I would like to thank Lynne Campbell for making the process for a group of people so easy by providing detailed emails and constant reminders for getting prepared for our trip. Lynne knows the yachts and more importantly knows the crew. Thank you Lynne for all that you did to make this dream vacation possible. Warmest regards, Lorraine S. New Jersey

Crewed Charter Costs --> Cost to charter a yacht in the BVI, USVI & Caribbean

Refer to our Affordable , Mid-Range , and High-End tables below for an indication of our typical 7 night "all inclusive" price points as well as our typical "all in" price points on our plus expenses yacht options. In all cases, the standard 15 - 20% crew gratuity is extra and on top of noted rates. Already know your ideal and maximum budget range? Then simply Contact Us and we'll start our easy booking process to match you with the best yacht and crew to suit your needs. Then all you’ll have to do is countdown the days until you experience carefree relaxation at its best.

All Inclusive Charter Costs

Charter Cost FAQ's --> BVI, USVI & Caribbean Yacht Charter Cost FAQ's

How Much Does it Cost to Charter A Crewed Yacht in the BVI, USVI & Caribbean? The majority of our charters are all inclusive, starting at around $20,000 per week and up to $70,000 per week, plus tip. Our other category of higher-end yacht charters are "plus all expenses". These higher-end yacht charters start around $50,000, plus all expenses on our power catamarans and around $70,000 plus all expenses on our motor yachts. View our cost tables above to learn more about our typical "all inclusive" or "all-in" crewed yacht charter costs.

What's included in our all- inclusive charters? For the majority of our crewed yacht charters, the rates are "all inclusive" including 8 days/7 nights aboard a private yacht with professional Captain and Chef, 3 meals per day, requested beverages, standard bar, fuel, all expenses related to the running of the vessel, plus use of on-board sports equipment.

What's excluded from our all-inclusive charters?

• Standard Crew Gratuity : A main cost excluded from the weekly rates is a customary crew gratuity. The standard amount is 15 to 20% of the charter rate. The gratuity is based on services provided throughout the week, can be scaled up or down based on service, and is at the discretion of the client. Be sure to plan this amount into your charter budget.
• Other exclusions : Unless otherwise specified, the published rate does not include scuba diving, scuba equipment, premium beverages and fine wines, excessive alcoholic consumption, off yacht excursions, dockage (at guests request), telephone, airport transfers or similar expenses incurred by the charter guests. Some yachts also charge for cruising taxes/permits or USVI or BVI port fees, etc. If there are additional costs that you will incur while aboard the yacht, we will let you know those costs at your time of inquiry.

What's included in our plus-expenses charters? These plus expenses crewed yacht charters include the yacht only with all other expenses at an additional cost to the Charterer.

What's excluded from our plus-expenses charters? These plus expenses charters include the yacht only, with all other charter expenses (such as fuel, food, beverage, bar, dockage, etc.) at an additional cost to the Charterer. These expenses are paid via an upfront APA (advance provisioning allowance) and typically at 35% on top of the base charter rate. Another main exclusion is the customary crew gratuity. The standard amount for a gratuity on a plus expenses yacht is 15 to 20% on top of the base charter rate. The gratuity is based on services provided throughout the week, can be scaled up or down based on service, and is at the discretion of the client.

Do the yachts charge a premium for Christmas and New Years Charters? Yes. Christmas and New Year charters have a holiday surcharge added to the published winter weekly rate. Yachts will also mandate specific holiday dates which allow them to book both a Christmas and New Year charter. These charters must be at least one week in length or the Charterer must be willing to pay for a full week's rate if wanting to charter the yacht for less than a week. Some yachts additionally charge premium rates for Thanksgiving and/or Easter week.

Is it possible to charter for less? The charter cost tables represent typical ranges, but there are occasionally available yachts which may charter for less. Review our current yacht specials to see a list of yachts currently offering published specials. Or, consider a 6 night, pro-rated charter as further explained below.

What if we charter for less than one week? A large majority of our all inclusive yachts offer 6 night charters at a pro-rated rate. Many of our clients opt for a 6 night charter as this gets pro-rated on a straight basis and often brings particular recommended yachts into more affordable ranges. To determine 6 night rates, divide the weekly rate by 7 then multiply by 6. To determine 5 night rates (for yachts that are willing to charter 5 nights), the industry divides the weekly rate by 6 then multiplies by 5. Due to this calculation, the difference between a 5 and 6 night charter is minimal.  Please note that our personal minimum charter length is 6 nights.

Do the yachts offer lower prices for the summer/low season? For a majority of yachts, summer/low season runs from May 1 through December 14 and winter/high season runs from December 15 through April 30. Most yachts now operate at a year round rate.

Do prices vary by destination? Yes, charters outside the BVI and USVI are typically more expensive. Our most affordable and largest selection of yacht options are based in the USVI and BVI from November through July. When yachts are willing to travel outside of the BVI and USVI to other Caribbean destinations or the Bahamas, the end charter rate is typically higher than its counterpart in the Virgin Islands. Cruising taxes/permits are always extra outside of the BVI and USVI and delivery fees often apply for the yacht to get to other destinations. In the Bahamas, most yachts are plus all expenses at 35% on top of the noted base rate plus an additional 4% Bahamas tax and an added 10% Bahamas VAT tax.

Do prices vary by yacht style? Yes, charter costs on our power catamarans and traditional motor yachts are definitely higher than aboard our sailing catamarans. A bulk of the extra cost incurred is due to the fuel expense on these yachts as well as other additional factors. Please note that sailing catamarans are by far our most popular yacht style, have the ability to motor between islands as well, and you'll find the most yacht options to choose from within this yacht style category.

Will the yachts negotiate on price? No. Our yachts set their own rates, have "published rates" within the industry, and have priced themselves competitively based on current market trends. However, several of our yachts do offer published specials throughout the year.

Will the yachts give a discount if you have meals ashore? Many of our yachts offer half-board charters at a minimal reduction in the charter rate. These half-board charters typically include 7 breakfasts, 4 lunches and 3 dinners aboard with the remainder of meals, or one meal per day, taken ashore at the Charterer's expense. These half-board charters will often cost more overall than a full board charter, where all of your meals are included aboard. If you only plan to have a meal or two ashore there is no reduction in rate.

Do you offer charters with just a Captain aboard? While some of your yachts may note a Captain-Only rate within their rate notes, we will not book this type of charter and do not recommend this type of charter for our clients.

More From Carefree Yacht Charters ®

Other questions.

Our charter FAQ's page may answer many of the other questions you may have regarding a crewed charter in the BVI, USVI, other destinations. Contact the charter experts now to get immediate assistance regarding any questions you may have.

Our Charter Destinations

Consider a charter in the popular BVI or US Virgin Islands , The Grenadines or the Bahamas , each offering a slightly different flair.

Yacht Styles

Enjoy a luxury crewed yacht charter aboard one of our popular sailing catamarans , power catamarans , or traditional motor yachts . Learn more about our various yacht styles .

We Can Book Any Yacht Out There

Looking for a specific yacht? We can assist in brokering any yacht out there or that you're interested in. Our clients rely on our expert advice about the best yachts and crews along with all the other fine details involved with planning a trip of a lifetime. This allows them to go on to enjoy their crewed yacht charter vacation in a carefree and effortless way, just as a vacation should be.

6 Tips For Choosing The Best Yacht Charter Experience

C hartering a yacht is the ultimate in custom vacationing, a travel trend that gained traction during COVID and shows no signs of stopping. It offers travelers an opportunity to reach their dream destinations in comfort, style, and exclusivity. The best part: Very often, this bespoke experience can be cheaper than a cruise on a higher-end line you’d have to share with a lot of strangers!

Here are six tips for choosing the best yacht charter experience to suit your style, tastes, and holiday goals!

1. Work Within Your Budget

For most travelers, money is indeed an object, or at least a big consideration. A great charter company has a fleet of vessels at its fingertips, from smaller options such as a catamaran or sailing yacht all the way up to a super yacht with ultra amenities. Their team will work with you to assess your travel budget and offer appropriate options. Keep in mind: There’s all sorts of costs — such as fuel, docking fees, and other extras — that factor into a vacation like this. Some companies roll most of those items into a blanket price, others will calculate them separately or in an overage fee called an “advance provisioning allowance.”

Quick Example: Last year, I sailed on the super yacht Ohana in Croatia. It was part of the Goolets charter group based in Slovenia, which charges a flat weekly accommodation cost; an advance provisioning fee is assessed for food, beverages, and any other extras. The lovely ship slept up to 30 guests quite comfortably and all-in at high season (with APF included) was about $143,000 a week. Steep? Sure, at first glance. But broken down per person, the cost comes out to about $4,300 for each friend or family member. That’s food, drinks, excursions, everything. So, it turns out this kind of travel can indeed be budget-friendly and a good charter will work with you to maximize your money.

2. Location, Location, Location

When considering a private yacht vacation, location is everything. The good news is that charter companies operate all over the world, from the aforementioned Croatia to Australia, the Caribbean, Indonesia, and everywhere there’s sea in between.

If you’ve got a dream destination on your bucket list, a private yacht vacation will help get you there. Choose a charter company that has deep bench strength in the region you want to visit. They’ll have a wide range of yachts and corresponding itineraries for you to consider, ensuring the perfect experience for you and your party. Whether you crave the party scene of Greece, Italy, or the Riviera, or prefer something more far-flung and secluded such as the Seychelles or Maldives, a yacht charter experience will have you covered.

3. Consider Your Entire Party’s Needs

Another big perk of a great charter company: They will handle all the onboard logistics during your cruise, considering your entire party’s interests, must-dos, mobility levels, and even special occasions in an easy, effortless manner. They will interview you ahead of time to assess your interests, then craft an itinerary that suits everyone from start to finish. Keep in mind, they know the local area, plus have access to the best guides and onshore experiences. They will pull out all the stops to make sure everyone in your group has a terrific time.

Culture vultures to party animals will have the perfect vacation planned for them by the yacht charter. From city walking tours led by historians to exclusive access to the best clubs and other hotspots, the charter company and your yacht’s onboard staff are there to make sure it’s all picture-perfect. And if you feel like scrapping your schedule for the day and choosing to stay on the water? That’s just fine, too. The crew will roll with your wishes and honor them.

4. Food And Beverages = Big Deals On Board

No question about it, fabulous food and hand-crafted beverages are central to a terrific private yacht experience. Again, this is where that thorough pre-interview really comes into play. A charter company will consider not just preferences, but any allergies, dietary considerations, or religious restrictions to make sure the chef is prepped accordingly. Expect special snacks and other surprise touches to shine through as well; during my charter, a special birthday cake was procured and presented to a young guest after dinner on his big day.

While the yacht’s team will make sure your food tastes just as spectacular as it looks, they’ll also likely lean into the regional culinary scene with locally sourced fruits, vegetables, meats, and of course, seafood! Keep in mind your yacht’s stewards are responsible for keeping bar service running smoothly; by the second day, they knew which mid-afternoon cocktail I fancied (Croatian sparkling wine) and which wines I preferred at dinner. My glass was never empty, until I signaled I was done for the evening.

Bottom Line: Your culinary service should be seamless and impeccable during your time on board.

5. Don’t Forget The Water Toys

Water toys are a big part of a private yacht experience — you’re on the water after all and want to make sure you can get out there and enjoy it. Look for a vessel that has a robust fleet of options that align with your party’s fitness level and recreation (or adrenaline!) goals. Kayaks, rafts, and jet skis are all fairly standard; some yachts also include seabobs, massive water slides, and even inflatable water playgrounds to ensure multi-gen fun on the water. 

Pro Tip: Depending on the destination, divers will also want to inquire about scuba or snorkel equipment.

6. Find A “Your Wish Is Their Command” Crew

One of the best parts of a private yacht vacation is the bespoke service you’ll experience every step of the way; the goal is to make sure you want for nothing during your time on board. Craving a cucumber water while you’re lounging on deck? They’ll have it. Want to make sure there are snacks waiting for you after you return from kayaking? Of course! And want to take your dinner to another level? Crews take great pride in creating over-the-top table masterpieces and theme nights that will dazzle everyone in your party.

Of course, crews can and do accommodate more outrageous requests, but don’t be that Below Deck nightmare and ask them for something that’s illegal. It puts them in a terrible position where they could be held liable, and it’s just not cool.

Keep In Mind: A crew that provides excellent service deserves excellent recognition. Be kind and make sure you factor an appropriate tip into your budget. It’s very often not included in the price of the charter or advance provisioning fee.

For more cruise content like this, check out these articles:

• 9 Best Alaska Cruise Lines
• 8 Best Cruise Lines According To Our Readers
• 6 Cruise Splurges Our Experts Say Are Worth Every Penny

This article originally appeared on TravelAwaits

How Much Is a 4-Day Charter On Below Deck? (2023 Costs)

Chartering a Below Deck yacht offers unparalleled luxury, personal attention, and the chance to explore stunning destinations. The costs for a 4-day charter vary depending on factors like the yacht and the season. During the off-peak season, which runs from October to May, you might find lower charter costs.

The cost to charter a Below Deck yacht for four days ranges from $24,000 to $200,000, depending on the specific yacht you choose. Additional costs such as crew gratuity, fuel, dockage fees, and provisioning allowance range from $36,342 to $115,714 for a 4-day yacht rental.

For a 4-day charter, you can expect to pay around 57% of the weekly rate. These prices are based on a full-price charter. Guests who appear on the show receive a 50% discount on their three-day charters, and their airfare is also covered by the production crew.

• Crew gratuity is customary and typically ranges from 15% to 20% of the total charter cost.
• On-board activities include water toys like jet skis, paddleboards, and snorkeling equipment.
• Some yachts offer spa services like massages or beauty treatments.

On this page:

Let's break down the costs of a 4-day charter, below deck mediterranean vs. below deck sailing yacht, below deck charter experience.

Here's a table of the base costs to charter the yachts on Below Deck for four days.

2023 Below Deck Charter Cost: Ultimate Guide

In addition to the base costs, there are a few extra expenses you should be aware of when planning your Below Deck charter experience :

• Crew tips : It's customary to tip the yacht crew at least 20% of the total charter fee. Depending on the quality of service you receive, some guests tip even more generously.
• Food and beverages : High-end gourmet meals and premium drinks can significantly increase your total costs. Discuss your preferences with the crew beforehand to avoid any surprises.
• Port fees and taxes : Depending on your destination, there might be port fees and taxes applicable to your charter. Make sure to account for these potential costs while planning your budget.
• Optional excursions : Excursions like water sports, spa treatments, or guided tours are not typically included in the base charter fee. Plan and budget for these unique experiences separately.

For a 4-day charter experience on Below Deck Mediterranean , you can expect costs to vary depending on the yacht and season. To give you an idea, the weekly rate of the yacht featured on the show ranges from $24,500 to $350,000, with off-peak season rates between $21,000 and $315,000 per week.

To calculate the approximate 4-day cost, let's use the midpoint of the ranges. The average between $24,500 and $350,000 is $187,250, and between $21,000 and $315,000 is $168,000. You can expect the following costs for a 4-day charter:

• Peak Season : $106,857 (approx.)
• Off-Peak Season : $96,000 (approx.)

2023 Cost Of Mediterranean Yacht (As Seen On Below Deck

For Below Deck Sailing Yacht , the charter costs will differ depending on the sailing yacht chosen and the season. For instance, charter rates for sailing yachts similar to those featured on the show start at $140,000/week plus expenses. To give you another example, the cost to charter the 164ft Benetti Custom Mega Yacht from the original show starts at $275,000/week.

Let's use the $140,000 per week rate as a reference point. Thus, the approximate 4-day charter cost for a Below Deck Sailing Yacht would be:

• Any Season : $80,000 (approx.)

Who Owns the Yachts On Below Deck? (Valor, Ohana, My Seanna

Amenities and services of the yachts

During your 4-day charter on Below Deck, you can expect top-notch amenities and services to ensure a memorable experience. You'll have access to luxurious facilities, including spacious cabins , en-suite bathrooms , and well-equipped lounges . Many of the yachts also offer impressive outdoor spaces such as sun decks , outdoor dining areas , and hot tubs .

As for on-board activities, look forward to water toys like jet skis , paddleboards , and snorkeling equipment . The highly skilled crew members will provide gourmet meals tailored to your preferences and even cater to special dietary needs . You also have the option to indulge in spa services like massages or beauty treatments , depending on the yacht's offerings.

Crew gratuity for the yacht crew

While you're enjoying your time aboard the Below Deck yacht, the dedicated crew works tirelessly to make your vacation unforgettable. Keep in mind that they rely on tips to supplement their income. It's customary to factor in a crew gratuity, which typically ranges from 15% to 20% of the total charter cost . Make sure to set aside a generous gratuity to show your appreciation for their hard work and exceptional service.

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You may also like, below deck 2023 charter cost per day (all yachts).

These stunning yachts on Below Deck offer a wide range of prices for their high-end services. The charter cost per day can vary depending on yacht size and …

How Much Is a 2-Day Charter On Below Deck? (2023 Costs)

2023 Cost Of A 3-Day Charter On Below Deck (Ultimate Guide)

2023 Cost Of Mediterranean Yacht (As Seen On Below Deck)

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How Much Does A Super Yacht Charter Cost? (A Complete Guide)

If you want to know super yacht charter cost, you’ve come to the right place. Super yacht charter can be a great way for a family to spend an evening out on the water.

The cost of a superyacht charter can vary, but typically it will include everything from food to wine to room and board. When choosing a superyacht charter, it is important to compare costs and features in order to find the best option for your needs.

In this article, we’ll tell you what to expect when it comes to super yacht charter cost . Stay tuned!

Super Yacht Charter Cost: What is a super yacht?

Super yacht is an incredibly luxurious maritime vessel, built to accommodate the most lavish weddings and receptions. They are often used by celebrities and other high-ranking people for travel and leisure purposes.

Super yachts come in a variety of shapes and sizes, but all have one common goal: to make luxury travel possible for those who can afford it.

A super yacht typically has much more cargo capacity than a typical small fishing boat or sailing vessel. This means that you will be able to carry more equipments, items, or passengers than you would on a smaller ship. Additionally, a super yacht typically arrives at its destination sooner with less time spent at sea – this can be an advantage if you need to reach your destination quickly.

Super yacht charter is a type of yacht charter that involves a greater than average number of passengers. This, in turn, can lead to increased profits for the owner.

Benefits of A Chartering A Super Yacht

There are many benefits of a super yacht charter. Some people find that the opportunity to travel to exotic locales and stay in luxurious accommodations allows them to explore new cultures and experience different lifestyles.

Others find that sailing on a large, luxury yacht is a great way to participate in activities such as racing, fishing, or luxury cruises.

Here are some of the most important benefits of chartering a super yacht:

1. You’ll get a unique and 810-meter super yacht that will be perfect for your needs.

2. It’s likely that the yacht will have luxurious amenities, including an infinity pool, spa, cinema, and more.

3. You’ll be able to travel to some of the world’s most luxurious places on this vessel.

4. You can explore the various ports that it visits in its travels.

5. The captain of the yacht will have all the necessary instructions to ensure that you have a great time while aboard.

Factors Affecting Super Yacht Charter Cost

There are a few key factors that affect the cost of super yacht charter. Here are some of the factors:

1. Location: The location of the yacht is an important factor to consider when pricing out a super yacht charter. It is important to keep in mind that a big part of the cost of a super yacht charter will be based on the size and capabilities of the vessel you select.

A smaller or less expensive vessel may not be able to accommodate all your guests, while a more expensive yacht may have more bells and whistles but also require more space.

2. Length of the trip: Another factor to consider when pricing out a super yacht charter is the length of the trip. A shorter trip may be cheaper, but may not offer as many opportunities for activities or adventure outside of your comfort zone.

3. Vessel: The type of vessel you choose will also factor into pricing out your super yacht charter. The basic rule of thumb for most vessels is that a super yacht charter should be between 30-40 feet in length. This is a general guideline, but there are exceptions.

4. Fuel: The cost of fuel usually contributes significantly to super yacht charter expenses. If your vessel is moored at a fuel dock or sailing club, you will likely have to pay for fuel separately. Typically, this costー(yacht charter services LLC) is between $2,000 and $5,000 per day depending on the type of fuel used.

5. Insurance: Super yachts oftentimes carry comprehensive personal insurance policies that cover everything from engine failure to passengers being kidnapped. They also typically carry comprehensive life insurance policies.

This type of insurance is often referred to as “all-inclusive” and most policies are provided by a broker or directly from the manufacturer of the vessel. This also affect the cost of super yacht charter.

6. Crew: Another factor that determines the cost of a super yacht is crew. A properly managed yacht has a well-trained and efficient crew that can do their job perfectly. The higher the number of crew on the yacht, the more the cost! If your charter is for an all-inclusive trip, then you should ask about the prices for each member of the crew.

However, if your charter is for just a few people, then you may be able to find cheaper crews by looking into augmentation services.

Super Yacht Charter Cost: How much does it cost to charter a super yacht?

Super yachts are a luxurious and expensive way to travel. They can cost anywhere from $20,000 to $250,000. Depending on the size and type of yacht, it can also cost a lot of money for the crew and other associated costs.

However, a large super yacht can cost between $500,000 and $1 million depending on its size and condition. If you are considering chartering a large super yacht, it is important to consult with an experienced charterboat operator in order to learn exactly what is available and what will fit your needs.

In order to come up with a realistic estimate of how much you may have to pay for a super yacht charter, it is important to understand the different types of super yachts available and their associated costs.

The most popular type of super yacht is the luxury open-air sailing yacht. This type of yacht has a large deck that can seat up to 200 people and features beautiful views from all around the ship. These yachts are usually charterable by individuals or groups and can be used for day trips or longer trips away from land.

Another popular type of super yacht is the yacht that has a helipad on the deck. This type of yacht features a small helipad that can be used by pilots to land onto the ship. These yachts are usually charterable by individuals or groups and can be used for day trips or longer trips away from land.

Super Yacht Charter Cost: What to consider before chartering a super yacht

Chartering a super yacht can be a great option for those looking to experience the best of the Mediterranean Sea or the world beyond. But before signing on the dotted line, it’s important to consider some key factors.

For starters, consider what type of yacht you want. A large luxury yacht can cost upwards of $1 million, while a smaller catamaran yacht can be comparatively affordable at around $200,000 – $300,000 Additionally, make sure you have enough money saved up to charter one for your entire group.

Next, decide on your sailing schedule and budget. Remember that a super yacht is only as good as its crew and captains can make it run smoothly. You’ll want to choose someone who has prior experience sailing these boats and is familiar with different areas of the world.

Finally, consider your sailing needs and the type of experience you want. Do you want to be able to sail on the open seas or do you prefer smaller waters? Are you interested in chartering a yacht for a few days or months at a time?

How much is a super yacht charter cost per day?

A super yacht charter costs per day between $225 and $1,425.

How much does it cost to charter a yacht with captain Lee?

It costs $8,000 to charter a yacht with captain Lee.

How much does it cost to charter the valor for 3 days?

It costs about $1,000 to charter the valor for 3 days.

A super yacht charter can be a great way to enjoy the open water and have some fun. Super yacht charter costs can range from a fraction of the cost of taking a flight to the full cost of hiring someone to take care of your boat and all associated expenses.

When it comes to choosing the right super yacht charter, it’s important to consider what you need and want. If you’re looking for luxury, then a luxury super yacht charter may be the best option.

There are many different types of yachts available today, so it’s important to choose one that will fit your specific needs.

Last Updated on September 19, 2022 by Oladayo Olatundun

How Much Does It Cost to Buy a Boat Versus a Yacht?

• For a boat to be a yacht, it has to carry certain features, and it's more expensive than other boats.

How Much to Buy a Boat v. a Yacht

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While owning a boat can provide a sense of freedom and excitement that no other form of transportation can offer, it's not without costs— they can be more expensive than you anticipate, and not just at purchase.

Key Takeaways

• The average purchase price of a 20-foot boat is between $10,000 and $60,000.
• Ongoing maintenance and other costs make boat ownership more expensive than many anticipate.
• While not necessarily a good investment, boats provide other benefits that make ownership worthwhile for many.  

Getting out on a river, lake or ocean in your very own vessel can be a dream come true.

But while owning a watercraft can provide a sense of freedom and excitement that no other form of transportation can offer, it's not without costs. In fact, boats can be more expensive than you anticipate, and not just at purchase.

Here is the difference between a boat and a yacht, and how each can come with a vast array of associated costs.

What Is the Average Cost of Owning a Boat?

The first cost associated with a boat is the purchase price. Fish and Ski Marine, a Texas-based boat dealership, reported the average purchase price for a new 20-foot boat in 2023 was between $40,000 and $60,000. If you bought the same vessel used, it would be between $10,000 and $20,000.

Boats come with other upfront costs besides the purchase price. Unless you'll be buying with cash, you'll finance the boat purchase .

The typical down payment is between 10% and 30% of the purchase price, and 15% is typical. According to Boat Trader , the average loan interest rate is between 7% and 10%, depending on your credit score, age, the type of boat and the economic climate.

You'll also need to register your boat and pay the sales tax, which may be added to the purchase price.

Fish and Ski Marine reports the annual cost of owning a standard fishing or pleasure boat typically ranges from $3,000 to $7,500 per year. This includes trailers, insurance, storage and marina fees, maintenance, fuel, education and licensing fees, and equipment and accessories.

What Makes a Boat a Yacht

Boats come in a vast number of varieties, from those that don't have motors, like sailboats and catamarans, to those that do, like cruisers, speedboats and yachts. And while all yachts are motorized, for a vessel to be considered one it must have certain characteristics, including:

• Minimum size . In general, a boat becomes a yacht when it is at least 33 feet long.
• Recreational purpose . Boats can have a wide variety of functions, such as sailing, fishing and business, but yachts are designed for comfort, entertainment and pleasure . 
• Luxury features . Yachts usually have spacious staterooms, complete kitchens, several heads (bathrooms) and other living spaces. After that there are countless extras, from pools and hot tubs to multiple dining rooms, bars and even helipads. 
• Sufficient power . Compared to other types of boats, a yacht's engine should be powerful enough to travel far distances. 

The Bigger the Yacht, the Higher the Cost 

For yachts, size is a major factor in the purchase price. Per Galati Boat Sales data , the average costs in 2023 were:

• Small (less than 50 feet): $500,000 to $2.5 million
• Mid (50 to 70 feet): $2 million to $6 million
• Large (70 to 90 feet): $6 million to $15 million or more
• Super (90 feet and longer): $10 million and more
• Mega (165 feet and longer): no average, but $600 million was a current going price 

Jim Burns, yacht broker with Knot 10 Yacht Sales in Granville, Maryland, says there are many factors that go into the cost of yacht ownership.

“Keep a boat in your driveway and it won’t cost much, but if it's in a marina slip, you’re paying for that,” Burns says. “The bigger the boat, the higher that cost will be. Everything is done in feet, and all the marinas vary.”

For example, at the Kona Kai Marina in San Diego, the range is $28 to $60 per foot based on boat length over all (LOA) or slip LOA, whichever is longer. At the Cooper River Marina in South Carolina, long-term dockage is $15.25 per foot.

Boat and Yacht Upkeep Costs

Once you have the vessel, you’ll have to ensure it remains in proper working order. Time spent on the water is a major factor in how much it will cost in maintenance.

“You’re putting a ton of stress on the boat, just from the wear and tear,” says Yosef Shimels, co-founder of Destiny Yachts, a Miami-based private luxury charter company.

“You’re utilizing the AC, the water pump and the generator. Anything can go out at any time. We have to keep reserves for unexpected maintenance costs. I learned that something will go out, and more frequently than I expected,” he adds.

Trish Taylor co-owns Fire Drill Charters, which operates on Lake Michigan, with her husband, and she has a warning.

“There’s a saying that 'BOAT' stands for ‘break out another thousand’ and that’s not just one time, but over and over again,” Taylor says.

“And it’s true. Most people have no idea of the upkeep on boats. Boat ownership is different from owning a car. They simply don’t know what they don’t know,” she says.

Be on the lookout for the cost of regular oil changes, fuel filters, adding necessary technology and storage fees.

To reduce the monthly costs of keeping the boat in a slip (if it’s too long to keep in your driveway), you may consider taking it out of the water and paying for a storage space. Burns says $200 a month is typical, but it ultimately depends on the size of the vessel.

If you can’t find covered storage, you may have to pay to have the boat shrink-wrapped so it’s protected against the elements. That too, can set you back. For example, at Michigan’s Pier 33, wrapping a boat between 34 and 35.11 feet will cost $805.

Are Boats a Good Investment?

“Boats generally lose value after purchase,” Burns says. “If you buy one for $100,000, know that you’ll never sell it for that.”

But what you put into the vessel as well as the type can help keep its value or even increase it.

"We own a 1993 Tiara Yacht we bought eight years ago,” Taylor says.

"Because of the tech and performance upgrades as well as a sought-after style that’s not made anymore, it can go for double what we bought it for. Buyers recognize well-maintained boats that have been upgraded to make the boating experience even better,” she adds.

Is Buying a Used Boat Worth It?

“In most cases a used boat is a phenomenal option,” Burns says. “For a 43-foot yacht you may pay $43,000 because it's 25 years old. To buy a new one it can be millions.”

Do make your purchase through a qualified broker, though.

“Private sales can be risky,” Burns says. “It's like buying a used car from a person online. As a broker we go through a process and handle all the transactions so the buyer gets a legal boat, and in a condition that’s acceptable for their intended use.”

It’s especially important to buy a used boat with the assistance of an expert if you're a first-time boat owner.

“If you don’t, you won’t know what to look for,” Burns says. “What’s underneath the shine? These things can cost tens or hundreds of thousands of dollars. It could be rotted out from moisture, and a fix could cost $30,000."

Pros and Cons of Owning a Boat

In the end, there are many reasons to have a boat or yacht of your own.

“They are pleasure crafts, so it's tough to put a price tag on being with your family, hanging out at a really good marina and having fun,” Burns says.

Shimels says chartering the boat out helps cover costs and provides him with residual income. "It’s also a tax benefit , because I can write off the depreciation,” he says.

As for the disadvantages, they include the unpredictable costs. “We just had an unexpected repair,” Shimels says. “A generator just went out, and it was $10,000.”

Finding the right people to help keep the boat or yacht in good working order isn’t always so easy, either.

“You have to find a good mechanic, someone to do the cleaning,” Shimels says. “There’s a variety of people you have to rely on.”

Finally, not everyone can handle the money and stress of boat ownership, and that’s OK.

“We’ve had customers who sold their boat and simply do multiple charters with us,” Taylor says. “All they do is walk on, fish and pay us. They love it. No cleaning or upkeep anymore for them.”

How Much is a Private Jet? 

Erica Sandberg Nov. 15, 2023

Tags: money , financial literacy , shopping , luxury

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I Know How Much Below Deck Mediterranean Guests Pay To Be On The Show, and It's Not What You Think

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• Guests pay $65,000 for 3 days aboard a luxury yacht with crew, including meals and activities in popular locations.
• Crew members on Below Deck Mediterranean claim to be underpaid compared to other Bravo reality stars like Housewives .
• Guests must be willing to be on camera, pay a $15,000 tip upfront, and be vetted by Bravo before booking a trip.

Below Deck Mediterranean passengers are willing to pay big bucks in order to set sail with the crew on Bravo's popular reality docu-series.

The show follows a magnetic group of yacht crew members who aren't afraid to be filmed as they offer elite guests unique experiences at "a highly discounted rate of what the normal charter fee" for a motor yacht would be, according to Bravo's casting website. But even the slashed prices still cost groups tens of thousands of dollars.

In this article, we will share trip rates exclusively obtained by TheThings.com. Then, we will reveal how much the cast pockets from appearing in the franchise.

How Much Below Deck Mediterranean Guests Pay To Appear On The Show?

Excited fans who want to enjoy a once-in-a-lifetime experience have to pay $65,000 for a group of eight to enjoy a filmed getaway, according to a casting email exclusively obtained by TheThings.com. This comes out to approximately $8,125 per person including the tip.

For over a decade, luxurious vessels have taken well-paying passengers to explore beautiful places like the Greek Islands, glorious Italian shores, and the stunning French Riviera. During season 10, a three-day excursion to Spain will be offered. It's scheduled to start filming in August 2024 and will wrap in the fall, according to the casting team assigned to pick the perfect people.

Bravo claims the $65,000 rate is cheaper than what the average traveler would pay for the same experience if the show were not being filmed.

According to the analysis by Windward Yachts, the weekly charter price for the same vessels used on Below Deck Mediterranean cost between $175,000 - $280,000.

Casting documents reveal the fee covers an economy roundtrip airfare for everyone, two nights in a hotel, three days on a luxury yacht, a private chef, food and alcohol on the yacht, 24 hour service and all "water toys."

Guests can also book their own airfare and be credited $1,200 per person, the casting email claimed.

The hefty fee includes a $15,000 prepaid tip (which comes to about $1,500 per crew member) but that number is as fluid as the sea because even though guests have to pay up early on, they can change the amount they decide to tip on the very last night.

Captain Lee Rosbach revealed on the Amy and T.J. podcast that guests were not charged during Season 1 of the original Below Deck show because the idea “had not been done before.” The uncharted waters allowed people to board for free. Unfortunately, after a series of no-shows, the show started having guests pay.

Usually, the guest who was in charge of booking the vacation hands an envelope with cash inside to the team once the journey has come to a close. In rare instances, the crew can be left empty-handed.

In season 1, the team didn't get a tip because second steward Kat Held found white powder and a rolled dollar bill while cleaning the cabins and Captain Lee was forced to follow maritime law and boot the guests off of the boat. If he didn't, the crew's credentials could have been at risk and who knows what would have happened to the franchise?

Kat spoke about the incident on camera at the time.

"A lot of us put years and years into getting our licenses. The smidgen of anything illegal will take that away from all of us."

Payment isn't the only obstacle for potential guests. If folks want to enjoy a "unique and unforgettable experience" they have to be willing on camera and be vetted by the network before jumping aboard.

Every single person being considered for the show has to be interviewed via video chat and approved by Bravo before they can officially board.

If guests are lucky enough to be picked, they may be asked back. That happened to Linda P. Jones, who appeared on season 1 of Below Deck Mediterranean during a girls' trip with friends. She shared her experience in a blog post.

"We’ve been contacted and invited to come back on Below Deck Med every year since."

She claimed the "food was as good as everyone says" and she "ate every single bite of everything."

The casting team claims slots fill up fast, so if you don't sign up you may miss the boat on the opportunity.

Other spinoffs in the Below Deck franchise include Below Deck Adventure, Below Deck Down Under and Below Deck Sailing Yacht.

Below Deck Cast Members Claim To Be Underpaid

Cast members of the franchise have complained about payment for years, despite the hefty fees passengers pay for the experience.

Below Deck alum Eddie Lucas, who worked his way up from deckhand to First Officer over a handful of seasons, was very outspoken about how much cast members make in an interview with the New York Post in 2022.

"We are still not getting paid what people like the Housewives are making, which is a little frustrating because they’re not really working—they’re just going out to dinner and fighting."

In the interview, he added "we are the lowest-paid cast members" despite having to put in labor and obtaining specialized licenses for some positions just to even qualify for that type of work. Following his public criticism of the pay, he was not asked back on the show and will likely never return.

In an article published by Business Insider, some of the stars of the franchise made between $5,000 - $6,000 per month as captains earned nearly triple that amount.

Bravo's Real Housewives reportedly take home much more than Below Deck cast members. Fan favorites like Teresa Giudice, Porsha Williams and Bethenny Frankel were pocketing over $1 million per season as NeNe Leaks from The Real Housewives of Atlanta was reportedly the highest-paid housewife making $2.85 million per season.

Although the full rates of crew members are not known, Below Deck Down Under alum Laura Bileskalne, who was fired for fighting with co-workers, told the Miss Understood podcast in November 2023 that the workers receive "a very small" amount of money outside of tips.

The job alone can be pretty dangerous and other cast members from the Below Deck franchise have spoken out about pay after Eddie's comments went viral.

Below Deck Mediterranean alum Jessica More replied to a social media post with his quotes on the topic writing, "yep I see all facts in his statements."

In 2022, Below Deck Sailing Yacht alum Dani Soares commented on an Instagram fan page "Southern Charm makes 25k per episode ... I made less than that all season including tips."

Below Deck 's Captain Lee Rosbach weighed in on the topic during a taping for his podcast Salty With Captain Lee in January 2024 saying that $1,500 or $2,000 for a three-day charter was "pretty good money."

“As far as salaries go, what someone else makes is none of my business. I negotiate what I want and what I think I am worth. We either come to an agreement or we don’t and I leave."

But cast members have other ways to make money because, as always, reality television can launch some people into a world of new opportunities.

Below Deck Mediterranean' s Captain Sandy has partnered with skincare companies like Niveda while the show's former chef Adam Glick went on to release a cookbook and have partnerships of his own.

New episodes of Below Deck Mediterranean airs every Monday on Bravo and can be streamed on Peacock the next day.

Below Deck Mediterranean