How Much Does It Cost To Charter A Yacht?

Here’s How to Estimate the Cost of Your Planned Sailing Adventure

While planning to charter a yacht seems exciting, the task can be challenging, especially once the subject of money comes to mind.

Yacht charters come with base prices or weekly rates. However, you need to consider additional costs. We’re talking about local taxes, fuel, food, and other miscellaneous fees.

Fortunately, grasping the basics of yacht chartering pricing is far from complicated. Knowing how it works will make it easier for you to accurately estimate the cost of the extravagant getaway you’re planning.

Since the cost of chartering a yacht will depend on several factors (including the type of yacht, destination, season, base cost, and local taxes), yacht charters have a wide range of base prices. You’ll find charters costing from $10,000 per week on smaller sailing yachts and catamarans, while motor superyachts are usually priced up to $150,000 or more per week.

All-Inclusive Yacht Charters vs Plus Expenses Charters

There are generally two types of yacht charter: the all-inclusive charter and the plus expenses charter.

As the name implies, an all-inclusive charter includes almost everything — the crew, fuel, food, drinks, and water sports equipment. It’s important to note though that certain all-inclusive charters exclude dockage or mooring fees, which add up to the costs of chartering a yacht.

You have the option of choosing a plus expenses charter. This is the more common option. Here, the rates for chartering larger motor yachts won’t include running expenses. This means that you’ll be paying them separately. A base price is charged for the ship and its crew, while the rest is paid for through an Advance Provisioning Allowance (APA), which is normally 35% of the base price.

Here’s a quick overview from Worldwide Boat showing you what’s included (and not) in both yacht charter types:

Average Costs for the Most Common Yacht Types

1. Sailing yachts:

• Under 80ft: $10,000-$20,000
• Between 80ft and 120ft: $20,000-$50,000
• Between 120ft and 150ft: $50,000-$100,000
• Over 150ft: $100,000-$200,000

2. Catamarans:

• Under 50ft: $10,000-$20,000
• Between 50ft and 65ft: $20,000-$35,000
• Between 65ft and 80ft: $25,000-$50,000
• Over 80ft: $40,000-$100,000

3. Motor yachts:

• Under 80ft: $20,000-$25,000
• Between 80ft and 120ft: $35,000-$80,000
• Between 120ft and 150ft: $80,000-$150,000
• Over 150ft: $150,000-$500,000

Other Factors to Consider

The owners of yachts are the ones who get to set the prices for chartering. This explains the huge price differences between vessels of similar lengths. Other major factors can significantly impact the price of chartering a yacht. They are:

• The year the boat was built
• The boat’s builder and previous owners
• Water toys or equipment available
• Destination (prices are higher in areas with large charter fleets)
• Season (prices tend to increase in high seasons like summer in the Mediterranean or winter in the Caribbean)

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