You might assume that chartering a yacht is only for the ultra-rich, but you’d be wrong. A private yacht can cost anywhere from $2,500 per person per week to over $50,000. A yacht charter can be as expensive or affordable as you want it to be.
So how much does it cost to charter a yacht? Read our guide to find out.
What Determines Yacht Charter Costs?
The most important factors to consider when chartering a yacht are:
- the size of the yacht
- the age of the yacht,
- date of its most recent refit,
- the number of decks,
- experience of the crew,
- onboard amenities.
When you are considering a yacht charter, the price you will pay will be heavily dependant on these factors. You can save considerable money on your yacht charter by being selective on these features.
Average Starting Prices for a Yacht Charter
Travelers on a budget might be surprised to know that a private catamaran charter is very affordable.
The Nutmeg can hold 6 adult passengers and a one week charter with all meals and bar included starts from $2500 per person.
For those with a larger budget, the 62 foot Callista can hold 8 passengers for $4000 – $4500 per week. And for those who are seeking more space and luxury the 105 foot Bella Vita will cost about $9,000 per week.
Motor Yachts are another alternative and tend to be more expensive than catamarans, primarily because of the added cost of fuel and they are more expensive to build.
The Ultra 62 foot power cat starts from about $4000 per week per guest all included, up to 8 guests.
The most luxurious option is the superyacht. Superyachts are 90 feet or larger can cost up to $50,000 per week plus expenses. The rates on superyachts vary significantly depending on the factors outlined above.
All-Inclusive vs Plus Expenses
When agreeing to a boat rental you will want to be mindful of whether or not the yacht is all-inclusive or plus expenses.
All-inclusive rates should include the hire of the yacht and crew, along with all meals and food and drinks. On-board water sports equipment and instruction, cruising taxes, and port fees should also be included.
When booking an all-inclusive yacht be sure to familiarize yourself with the package before you agree. Some services may have restrictions on the package, for instance, premium beverages or port fees may not be included.
Plus expenses arrangements should include the hire of the yacht, the crew, and insurance but will not cover other expenses. You the charterer will be required to pay for the operating expenses of the yacht, such as food and beverage, fuel, dockage and port fees, electricity and water, etc.
This arrangement is most common on motor yachts and superyachts because the cost of additional expenses varies greatly. For example, your fuel consumption will depend on your itinerary.
With plus expenses, you only pay for what you consume. Typically these additional costs will add up to 30-35% of the charter fee.
How Much Does It Cost To Charter A Yacht?
Chartering a yacht can cost anywhere from $2500 per person per week to well over $50,000. It all depends on the type of yacht you charter and the inclusions you are seeking for your vacation.
Now that you can answer the important question of how much does it cost to charter a yacht, you can get planning on your private vacation.