Welcome to our comprehensive guide on the cost of chartering a yacht. In this article, we will delve into the various factors that contribute to the cost of chartering a yacht, helping you make informed decisions and ensuring a memorable experience.
Factors affecting yacht charter cost
Chartering a yacht involves several key factors that influence the overall cost. By understanding these factors, you can navigate the yacht charter market with confidence and find the perfect option that aligns with your needs, preferences and budget.
1. Length & type of yacht
The length and type of yacht you choose significantly impact yacht charter prices.
Larger, newer and more luxurious yachts with state-of-the-art amenities (cinema, gymnasium, submarine…) and facilities naturally command higher charter rates. For example, a 100-foot motor yacht with stabilizers at anchor will generally cost more than a 100-foot sailing yacht with simpler accommodations.
Additionally, the pedigree and age of the yacht, together with a silver crew, can also affect the price. Dutch or German quality yachts, such as Amels, Feadship, Lurssen, or Moonen, often come with higher price tags compared to standard yacht models. There are good reasons for this: sound insulation, comfort at sea, a sophisticated stabilisation system, internet connectivity, luxury interior…
2. Location & seasonality
The destination and time of year also play a crucial role in determining charter rates. Popular yachting destinations like the Mediterranean and Caribbean generally have higher rates, especially during the peak season (typically June to October for the Mediterranean). Conversely, off-peak seasons or less popular locations offer more affordable charter rates.
3. Duration of the charter
The duration of your charter directly impacts the total cost. Longer charters generally come at a higher price, although some companies may offer discounts for extended rental periods. It is important to note that yacht owners and crew may have limitations on the length of charters they are willing to accommodate.
4. Crew size and level of service
The size of the crew and the level of service provided onboard also contribute to the overall yacht retal expenses. Yachts with larger crews or those offering luxurious service will naturally have higher charter prices. For example, a typical 60-meter superyacht may come with a crew of 20 or more members, ensuring an exceptional level of service throughout your charter.
5. Additional expenses…
In addition to the base charter rate, there are additional expenses that should be considered. These can include external activities, fuel consumption**, dockage fees in popular ports, provisions such as food and beverages, as well as tips for the crew. It is important to factor in these costs to accurately estimate the total expenditure for your yacht charter experience.
Understanding the cost spectrum
Breakdown of charter costs
Here is a brief and indicative breakdown of the costs to give a full understanding of the total yacht rental expenses involved in chartering a motor yacht.
- Charter fee + VAT + delivery fee*****: 55-60%
- Provisioning (APA): food & drink, fuel, berth: 30-35%
- Crew tip: 5-10% of the groww charter fee on average
- Additional activities such as shore visits, transfers, restaurants: 5%
Sample charter cost
Yacht charter costs can vary significantly depending on the factors mentioned above. To provide you with a general idea of the price range, let’s explore some average figures for different yacht types in high season Mediterranean charters.
It is important to note that these figures are indicative and can vary based on specific yacht models, features, and charter agreements.
Most expensive yacht for charter: MY Flying fox at €3,000,000 + VAT expenses per week.
Expenses: 30% on average***
Variable VAT rate, based on charter agreement and destination****
| Yacht type | Gross Rate/week (2023) |
| Sailing yacht (60ft) | 20/25k€ + VAT + expenses |
| Motor yacht (100ft) | 50/100k€ + VAT + expenses |
| Sailing catamaran (75ft) | from 60k€ + VAT + expenses |
| Superyacht (130ft+) | from 150k€ + VAT + expenses |
Related articles
- How to maximize my yacht charter experience ?
- How to find yacht the best charter deals and special offers ?
Disclaimer: the information provided in this article is for informational purposes only. While every effort has been made to ensure the accuracy of the information, we cannot guarantee its completeness or correctness. Charterers are advised to conduct their own research and adhere to any local regulations and guidelines.
Sources: * Edmiston, May 2023 ** 1,000 litres per hours according to the captain of Mangusta 108 "Amazing" *** 30/35% based on classic MYBA charter contract **** from 0% according to ECPY Transport contract in Corsica to 24% in Greece ***** A yacht charter delivery/re-delivery fee covers costs of moving the yacht to the desired boarding location.
