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price of 48 foot yacht

Building a better boat every day tells the story of each Viking yacht as it cruises along its evolutionary trail. When the first Viking 48 Convertible was launched in 1985 it was a powerful introduction that quickly went to the head of the fleet. Early models launched with J & T turbo-charged 6V92TA Detroit Diesels and were soon followed with 8V92TA making waves as the fastest in its class. The interior featured man-sized appointments, with a fashion plate of luxury details, rich teak joinery and opulent designer furnishings. This was a popular boat and we built it steadily for five years.

Another 48 Convertible appeared on the scene in 2002. It featured a completely different hull and topside, a newer fresher interior layout that was more accommodating for both fishing and cruising. Where the earlier 48C was a sharply defined and angular at every corner and turn, the second generation 48 Convertible was an ice cream smooth operator with endless curves that melded together in a singular statement of beauty. From the sheer to the bridge to the cockpit, there wasn’t a straight line on the boat. The flying bridge was twice the size of the previous 48C with more room fore and aft. The salon was even better with its U-shape galley, dinette, and a larger sofa. Frameless windows replaced the maintenance heavy metal frames of the previous boat. Two and three stateroom layouts made good use of space. Engineering improvements added more versatility like engineroom access from the cockpit, and with our subsidiaries Atlantic Marine Electronics and Palm Beach Towers now part of the Viking organization, this 48C could be delivered turnkey ready.

Fast forward to today and totally new 48 Convertible has joined the Viking product line. The exterior is sleek and powerful and the boat makes an impressive statement even resting at the dock. The wraparound black metallic windshield mask, window lines and flying bridge feature treatments reveal how far we have come with this evolutionary theme. The resin infused hull is beamy and carries its breadth farther aft for more interior room and a wider cockpit. The raked entry and forward chine are designed to pierce through head seas and divert spray downward. Convex hull sections add curvature and form to the running surface, while molded running strakes accentuate lateral tracking and maneuverability.

The lush interior is rich in detail with our signature hand-finished teak or walnut joinery depending upon the owner’s selection. Taking advantage of the spacious beam, the salon abounds with stylish appointments throughout the salon with an L-shape lounge and cocktail table, as well as an inviting dinette, which anchor the area for relaxing and entertaining. To starboard the peninsula galley has a raised bar top and is accented with Cambria treatments, under counter refrigeration, a microwave/convection oven and ample stowage behind the maple-lined cabinetry. Overnight accommodations are plush with three staterooms and two heads providing all the comfort and privacy you need for fishing and cruising in style. A laundry center and central vacuum system add sophisticated convenience.

On the flying bridge, the center console helm and flanking lounges are tournament proven and will make the Viking 48 Convertible the envy of anything in its class with its custom navigation and communication systems provided by our subsidiary Atlantic Marine Electronics. Powered with MAN diesels the 48 Convertible will cruise at 30 knots with a top end in the mid 30 knot range depending upon engine selection, load, sea and other environmental factors. Engineroom access is through the observation mezzanine in the 124 square-foot cockpit, which features flush rod holders, a transom fish box, and recessed fish and stowage wells in the nonslip fiberglass sole. A transom door with lift gate, a drink box, a bait cooler and tackle stowage are standard. The lazarette is designed to accommodate a Seakeeper gyro stabilizer, which can be installed at the factory or a later date.

Whether moving up or moving down throughout our world famous fleet, you will find the 48 Convertible a true blue-water champion in spirit, performance, accommodations and evolutionary prowess in the herald Viking tradition. We invite you to contact your Viking dealer to learn more about this exciting and beautiful new model. In the meantime we welcome you aboard to enjoy a virtual tour.

Length Overall (LOA): 49 ft. 1 in. (15.0 m)
Beam: 17 ft. (5.2 m)
Draft: 4 ft. 8 in. (1.4 m)
* Gross Weight: 66,342 lbs. (30,092 k)
Fuel Capacity: 1,190 gals. (4,504 ltrs)
Water Capacity: 178 gals. (674 ltrs)
Cockpit Area: 124 sq. ft.in  (11.5 sq m)
  * Standard Fuel Load
MAN / V8 1000CRM 1000 MHP  Base
MAN / V8 1200CRM 1200 MHP  Option

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Please Note: Due to product improvements, changes during the model year and/or transcription errors that may occur, information represented within this website may not be accurate at the time of your purchase. If certain information is significant to your purchasing decision, please confirm the information with your dealer.

price of 48 foot yacht

Accessibility

Nautitech

Open a  new horizon

48 foot catamaran New 48 open

48 Open

Main characteristics

your dream !

When ultimate comfort is combined with elegance and the pleasure of sailing, your travels become a true dream. For this new model, Nautitech raises the standards of comfort and sensations even higher.  

48 Open_vue profil

Perfect alchemy between architecture and design for even more pleasure at the helm

With her forward deck and her inverted bows, the 48 Open will seduce you with a resolutely modern and dynamic design. The Nautitech style is at its best on its flagship model with its distinguished hull lines and superstructure. A combination of expertise and aesthetics that will give you a unique experience and open up new horizons.

price of 48 foot yacht

Designed by MLYDG, the 48 Open benefits from the latest advances in hydrodynamic performance to ensure the best balance between performance under sail and comfort in the hulls. Nothing has been left to chance in the design of this top-of-the-range boat to combine comfort, feeling at the helm, and ease of maneuvering whatever the conditions. The height of the bridgedeck, the slenderness of the hulls, the sail area, and the control of the displacement, all these elements contribute to a well-balanced boat.

3eme encart.jpg

Performance unmatched sailing sensations

price of 48 foot yacht

Performance, unmatched sailing sensations

True signature of the Open range, the double aft helm station is ideal for steering at sea and manoeuvring in marinas. A distinctive feature that offers a great view of the sails while remaining connected to the cockpit and the crew for safer sailing and more distance

Sailing on a catamaran means opening up to new horizons

This openness to the outside world is felt at sea or at anchor. To enjoy this safety, the ergonomics of the deck layout plays a crucial role in allowing smooth movement in the cockpit and on deck.

Comfort et ergonomics, key elements of this new exceptional model

Comfortable side decks and integrated deck hatches provide unobstructed access to the forward cockpit for manoeuvring or enjoying the remarkable lounge area at sunset.

Open, authentic moments of sharing

The opening of the interior saloon to the outside is an undeniable quality of this new model. An optimized circulation and well-defined spaces will make the border between the interior and the exterior disappear to offer more space on board. This unique concept, revisited by the designer Christophe Chedal-Anglay, takes on a new meaning by centering itself around the bar placed in the heart of the saloon and at the center of gravity of the boat. This iconic element creates a unique living space that adapts to all moments of the day and to all lifestyles. Everyone will find their own use for the space, and all will be able to share these moments together. Each space has its own function, in perfect harmony with you and your crew. A space that will evolve onboard with you.

price of 48 foot yacht

A unique living space, the "open" concept

Guided by the desire to satisfy all navigation and lifestyle programs, five different layouts are proposed. Each project has its own configuration, which one will be yours ?

Subtles details for a perfect harmony

A modern and elegant atmosphere created in collaboration with the designer Christophe Chedal-Anglay. The 48 Open is available in standard light walnut and optional oak finishing to match with all tastes. Enjoy the spacious kitchen with all the appliances at your fingertips. Benefit also from the iconic bar in the heart of the living area. Close to the mast and located at the center of gravity of the boat, it is where people will join together, discuss the route, and probably "elevate their dream" with enthusiasm. The place that naturally attracts everyone on board. Benefit from the large lounge area and a large chart table.

price of 48 foot yacht

A high-range quality finish, offering a sophisticated interior

Unrivaled finishes , modularity , and generous volumes are the keywords used in the development of the 48 OPEN. Take advantage of the quality materials and the soft and pleasant natural light thanks to the large panoramic windows providing a calm and inspiring view of the horizon. This new model of the Open range raises the standards combining comfort and elegance to offer a unique experience of life on board.

price of 48 foot yacht

An elegant suite with incomparable finishing qualities

Enjoy the comfort of this spacious and luxurious owner suite with its own integrated dressing. Also flooded with natural light from the long window in the hull and above the headboard, this elegant suite is the perfect place to relax.

price of 48 foot yacht

A luxurious bathroom with a separate toilet

From design to manufacture, all choices have been guided by the desire to offer a top-of-the-range boat where the term "Quality" takes on its full meaning. You will be able to discover a quality of finish and materials in this very luminous bathroom, thanks to its deck panels which offer ventilation and natural light, and its large mirror. You also have a large resin worktop with an integrated sink, easy to clean, and many storage spaces for your greater comfort.

price of 48 foot yacht

SMARTROOM® 

A modular catamaran that adapts to every sailing program

The starboard forward area has been designed to suit your lifestyle. Whether it’s the Utility version, for owners going on a long adventure, or the Flexibility version, the SmartRoom® is here to meet your needs. 

SMARTROOM® FLEXIBILITY

Office, spare bedroom for a couple or children, storage, the Flexibility SmartRoom is easily adaptable to your needs.

price of 48 foot yacht

The starboard forward area has been designed to suit your lifestyle. Whether it’s the Utility version, for owners going on a long adventure, or the Flexibility version, the SmartRoom® is here to meet your needs.

price of 48 foot yacht

SMARTROOM® UTILITY

Workshop, storage, laundry room, the choice is yours, have a workspace for the maintenance of your boat or for your daily leisure activities.

Smartroom Utility Nautitech 48 Open

Multiple configurations :

3 or 4 cabins, with or without My SmartRoom® , the available configurations offer you a wide choice to fit your needs.

  • Without My Smartroom
  • SmartRoom Utility
  • SmartRoom Utility 2
  • Smartrorom Flexibility

Technical DATA

A catamaran designed for blue water cruising.

Ideal for demanding owners in search of adventure in comfort

DONNÉES TECHNIQUES 48 OPEN

  • Length overall 14,67 m / 48’1’’
  • Beam overall 7,97 m / 26’2’’
  • Draft 1,55 m / 5’1’’
  • Displacement (mLC) 13,5 t / 29,768 lbs
  • Engine (standard) D2-60 Volvo
  • Engine (option) D2-75 Volvo
  • Fuel tank 2 x 300 L / 2 x 79 us gal
  • Water tank 2 x 300 L / 2 x 79 us gal
  • Cabins & Heads 2, 3 or 4
  • Berths 4 to 9
  • Mainsail, standard 88m² / 947 sq ft
  • Self-tacking Solent, standard 42m² / 452 sq ft
  • Architect and Exterior Design Marc Lombard Yacht Design Group
  • Interior Design Christophe Chedal-Anglay Design

SYS Yacht Sales - New and Used Boats and Yachts or Sale

Used Yachts For Sale From 41 To 50 Feet

Listed below are used yachts for sale worldwide from 41 to 50 feet. Use the search tools to narrow your exploration. SYS Yacht Sales offers a wide range of used yachts for sale, including motor yachts, trawlers, express cruisers, sportfish yachts, flybridge yachts, center consoles, sailboats and everything in between. Search top brands like Sea Ray, Ocean, Tiara, Grand Banks, Riviera and much more. Need assistance? Contact our experienced yacht brokers. We look forward to helping you find the yacht that's right for you.

1988 50' Waterline-50 Lumut, MY

Waterline 50

Tin soldier.

Mail

Custom 50 Ketch

2024 50' H&H Marine-catamaran 50 Sint Maarten, MF

H&H Marine catamaran 50

2006 50' Cabo-48 Bodrum, TR

Atlantis 50x4

2016 50' Azimut-50 Miami, FL, US

Cruisers 50 Cantius

2017 50' Prestige-500 Easton, MD, US

Prestige 500

2014 50' Jeanneau-Sun Odyssey 509 Tortola, VG

Jeanneau Sun Odyssey 509

2017 50' Monte Carlo-Flybridge Benito Juarez, MX

Monte Carlo Flybridge

2011 50' Fairline-Targa 50 GT Southampton, E19, GB

Fairline Targa 50 GT

2005 50' Pershing-50 Fort Lauderdale, FL, US

Pershing 50

2001 50' Nor-Tech-500 Miami, FL, US

Nor-Tech 500

2015 50' Sunseeker-San Remo Harbor Springs, MI, US

Sunseeker San Remo

2019 50' Lagoon-50 Tortola, VG

Galeon 500 Fly

2004 50' Cruisers-5000 Sport Sedan Seabrook, TX, US

Cruisers 5000 Sport Sedan

2021 50' Maritimo-50 X Stuart, FL, US

Maritimo 50 X

1994 50' Alden-Motor Yacht Jamestown, RI, US

Alden Motor Yacht

2003 50' Cranchi-Mediterranée 50 Barrington, RI, US

Cranchi Mediterranée 50

2005 50' Sea Ray-500 Sundancer Key West, FL, US

Sea Ray 500 Sundancer

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Sirena 48 | Sirena Yachts

Dream voyage, about sirena 48.

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Technical Characteristics

price of 48 foot yacht

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ADVENTURE AWAITS

The flagship of our Luxury Express series, the 48 LE is the perfect blend of entertaining comforts and adventure amenities. The galley and dining area welcomes you with robust features to starboard and dining accommodations to port, while the aft bulkhead and salon doors open to blend the galley and customizable cockpit zones for the ultimate entertaining area on board. Choose between the power-rotating Buffet Lounge Module or the Adventure Module, which provides all the space and amenities needed to relish a day of fishing.

Below deck, two staterooms with private heads await to comfortably accommodate four guests.

PERFORMANCE

Chart your course.

The Tiara Yachts 48 LE is built for Mercury® power, with triple 600 V12 Verado® engines. The Verado® engine delivers the ultimate outboard driving experience with sound dampening technology and advancements in steering and control. The integrated electronics package includes instinctive Garmin® Marine Navigation Systems providing the latest piloting technology.

48LE

VIRTUAL TOUR

Welcome aboard.

Experience luxury amplified and explore the 48 LE from bow to stern with our virtual tour.

Media Gallery

48 LE Running

TECHNICAL SPECIFICATIONS

L.o.a w/ intergrated platform.

48'4"

14'2"

HEIGHT: WATERLINE TO STANDARD HARDTOP

10'10"

HEIGHT: WATERLINE TO GARMIN® RADAR

13'1"

3'10"

FUEL CAPACITY

660 gallons

WATER CAPACITY

100 gallons

HOLDING TANK CAPACITY

Deadrise at transom.

STANDARD EXTERIOR PLAN VIEW WITH HARDTOP

A PASSION FOR PAINT

Recognizable from a distance, the hallmark of each Tiara Yacht is its iconic hull shape. Your custom selection of hull paint creates the largest visual impact on your vessel, making your boat stand out from every other boat on the water.

Paint Your Tiara

A passion for paint

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NEWS & ARTICLES

Boating Magazine - Boat Test: 2024 Tiara Yachts 48 LE

Boating Magazine - Boat Test: 2024 Tiara Yachts 48 LE

February 2024

EXPLORE THE TIARA YACHTS LINEUP

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Moody Decksaloon 48

The Moody DS 48 embodies the captivating heritage of British seafaring while simultaneously setting new standards for modern luxury. This yacht seamlessly integrates galley, saloon, and cockpit on a single level, offering a spacious feel akin to a catamaran, yet without sacrificing the comfort and exceptional sailing performance characteristic of a monohull. Thanks to an impressive 360-degree panoramic view from the deck saloon, you can always keep an eye on your surroundings. The exclusive forward dinette is specially crafted for moments of relaxation and tranquility. Furthermore, the Moody DS 48 pampers you with a magnificent owner's cabin and two extraordinary guest cabins. Each cabin boasts a private bathroom and separate shower, offering luxurious personal havens. Experience the Moody DS 48, a masterpiece where tradition and innovation intertwine flawlessly, and every detail reflects the highest standards of craftsmanship.

Exterior design

Moody yachts combine excellent nautical characteristics, easy handling and breathtaking design.

Interior design

Our interiors offer unique solutions that provide ultimate comfort and storage space, a homely experience and amazing design.

ROOM FOR YOUR WISHES - THE MOODY DECKSALOON 48

Choose from nine layout variants for the space that best suits your individual wishes and needs. The Moody DS48 offers up to six cosy berths, a wonderfully sunny decksaloon with a galley and up to three shower-featuring bathrooms with plenty of natural light.

price of 48 foot yacht

The most important information about your Moody DS48

Keep the most important information about your yacht at your fingertips and read it whenever you want!

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The Moody DS48 represents the latest evolution in yacht design, evident in its hull shape. Bill Dixon's incorporation of chines maximises interior comfort while minimising the wetted area in the water. This allows for easy sailing and fast cruising, offering a 360° level of luxury. Andreas Unger - Product Manager

price of 48 foot yacht

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price of 48 foot yacht

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price of 48 foot yacht

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IMMERSE YOURSELF IN A BRAND NEW CONCEPT OF SEA LIVING

The cockpit is the open heart of the sport weekender, expanded onto a fold-down platform just over the waves on the port side with a retractable ladder.

POWER, DESIGN AND COMFORT

The modern, stylish helm station is based on a Plug&Play layout concept featuring clean, stark lines and a high-tech approach that uses led lighting to stunning effect.

YOUR COZY RESIDENCE ON THE SEA

Natural light enters from above and through the side windows of the second cabin to create a pleasant, inviting space. Located towards the stern, it is fitted with twin beds and a separate shower stall.

int-5

OUR ADVANCED TOOLKIT

Azimut_TF-Carena-Verve

The high-performance patented Stepped ‘V’ Ventilated Tunnel (SVVT) was developed by Michael Peters and incorporates a classic deep ‘V’ hull with two transverse steps and a central tunnel aft. It is this latter feature that sets it apart from other current stepped deep ‘V’s, with its shallow aft central tunnel increasing the longitudinal stability of the boat in high speed turns and adverse situations. The use of the SVVT hull on the Verve 47 represents the merging of cutting-edge hull forms with advanced outboard engine power and avant-garde concept design and styling. The combination of technologies culminates in a boat that boasts unmatchable performance, manoeuvrability and speed in its class and represents the largest and grandest SVVT pleasure boat available on the market.

V48_CT

Azimut’s pioneering use of carbon fiber lamination goes beyond pure performance. The Carbon Tech Generation offers expanded volumes on board, while maintaining excellent dynamic stability and perfect handling. Preserving the yacht’s low center of gravity, the carbon fiber was focused on the upper parts of the yacht, lightening the laminated components by up to 30% and reducing the natural roll momentum up to 15%.

V48_SCM

The custom-installed Raymarine electronics have been integrated to control and monitor every onboard system: from engines and alarms, to bilge and water discharge pumps, tank levels and engine room ventilation, right through to the sound system and the air conditioning units. The system can be accessed onboard from the helm station and, with the mobile app, remotely from a tablet or smartphone.

V48_ABOVE-VIEW

VERVE 48 AT A GLANCE

  • Length overall (incl. pulpit) 15,03 m (49’ 4”)
  • Beam max 4,10 m (13' 5'')
  • Draft (incl. props at full load) 1,28 m (4’ 3”)
  • Displacement (at full load) 17,8 t (39242 lb)
  • Building material GRP + Carbon Fibre
  • Exterior designer Francesco Struglia Design
  • Interior designer Francesco Struglia Design
  • Hull designer Michael Peters
  • Builder Azimut Yachts
  • Keel Stepped planing hull
  • Certifications CE A; NMMA
  • Head compartments 1
  • Engines 3 x 600 hp (440kW) Verado Mercury
  • Maximum speed (test load) up to 50 kn
  • Cruising speed (performance test mass) up to 37 kn
  • Fuel capacity 2340 l (618 US Gls)
  • Water capacity 300 l (79 US Gls)

price of 48 foot yacht

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price of 48 foot yacht

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

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

SELECT SIZE ⇩

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

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

40 Foot Yacht Cost

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

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

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

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

The maintenance prices will remain lower as well.

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

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

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

For  sailboat prices specifically, check out this article .

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

Price: $895,000

price of 48 foot yacht

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

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

Yacht Price Examples for Three Other 40-50 Foot

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

50 Foot Yacht Cost

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

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

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

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

Our Pick: Hatteras GT54 Convertible Sportfish

price of 48 foot yacht

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

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

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

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

Yacht Price Examples for Two Other 50 Foot

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

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

60 Foot Yacht Cost

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

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

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

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

Here are some examples:

Our Pick: Hatteras M60

price of 48 foot yacht

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

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

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

Yacht Price Examples for Two Other 60 Foot

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

70 Foot Yacht Cost

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

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

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

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

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

Here are some great options for this size:

Our Pick: Hatteras GT70 Convertible Sportfish

price of 48 foot yacht

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

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

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

Yacht Price Examples for Two Other 70 Foot

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

100 Foot Yacht Costs (and up):

You are officially in the superyacht range.

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

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

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

Check out these great  examples of 100-foot yachts .

Our Pick: 143′ 04″ Virtus 44

price of 48 foot yacht

This model cost around $20,189,000.

This mega yacht is anyone’s dream.

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

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

Other 100+ Feet Yachts Price Examples

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

How Much is Yacht Insurance?

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

What Other Expenses Do Yacht Owners Face?

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

How Much Does a Luxury Yacht Cost?

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

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

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

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

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

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

They might have:

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

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

What Size Boat is Considered a Yacht?

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

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

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

11 Things to Consider Before You Purchase

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

Some important questions to ask yourself before you buy are:

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

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

When Do You Need a Full-Time Crew?

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

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

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

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

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

Important Things to Consider As Well

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

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

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

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

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

Here’s How Much Yachts Cost on Average:

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

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

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

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

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

The yacht type is also broken down into two categories:

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

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

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

They are much sleeker, too.

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

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

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

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One person dead and six missing after superyacht with 22 on board is sunk by tornado off coast of Italy

British tech tycoon Mike Lynch is among those unaccounted for after the ship was battered by a tornado off the coast of Palermo in the early hours of Monday morning.

Tuesday 20 August 2024 16:20, UK

PicFabio La Bianca/AP/Reuters

A man has died and six people are missing after a UK-flagged superyacht sank off the coast of Sicily in a tornado - with a prominent British businessman among those unaccounted for.

Technology tycoon Mike Lynch owned the 56-metre vessel (183ft), named Bayesian.

Mr Lynch, known as the "British Bill Gates", has been in the headlines in recent months over a high-profile fraud case.

In June, he was cleared of all charges by a US jury related to the sale of his software company Autonomy to Hewlett-Packard in 2011.

Mr Lynch's 18-year-old daughter Hannah is among those missing after his yacht sank, local media reports.

Follow live updates: People missing after superyacht sinks

Mr Lynch's wife Angela Bacares is confirmed to be among the 15 people who were rescued after the British-flagged yacht capsized at around 4.30am local time (3.30am UK time) on Monday.

One body has also been recovered, after being found close to the vessel, according to local media.

Read more: Everything we know so far about luxury vessel sunk by tornado Lynch's co-defendant dies after being hit by car days before yacht sinking

The boat was hit by a tornado over the water, known as a waterspout, that struck where the yacht had been anchored during the storm.

Police divers have been trying to reach the hull of the ship, which is resting at a depth of 50 metres (163 feet) off Porticello, near Palermo.

During the rescue effort, divers saw "corpses through the portholes" of the wreck, Salvo Cocina, the head of the Civil Protection of Sicily, said.

price of 48 foot yacht

“They were in the wrong place at the wrong time,” he added.

The incident comes days after Stephen Chamberlain, Mr Lynch's co-accused in the fraud trial, died in a car collision in Stretham, Cambridgeshire.

Mr Chamberlain's lawyer said he was out running on Saturday when he was hit by a car.

Most on board yacht thought to be British

The boat had 12 passengers and a crew of 10 people. Four of the missing passengers are British and two are American, Italian news website la Reppublica reports.

price of 48 foot yacht

Most of those on board were reported to be from Britain - including a mother and one-year-old daughter who are among those rescued.

Speaking to the Giornale Di Sicilia newspaper, Charlotte Golunski said: "For two seconds I lost my baby in the sea, then I immediately hugged her again amid the fury of the waves.

Charlotte Golunski

"I held her tightly, close to me, while the sea was stormy. Many were screaming. Luckily, the lifeboat inflated and 11 of us managed to get on board."

The boat which sank off the coast of Palermo. Pic: Fabio La Bianca.

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CCTV shows storm which capsized superyacht, killing one

Ms Golunski was reportedly given stitches for a chest injury following the ordeal. The father of the child also survived, Mr Cocina said.

Eight of the 15 people rescued and taken ashore at Porticello were taken to hospital, while the others were taken to a hotel.

The Italian coast guard said the boat had passengers from Britain, the US, and Canada.

Meanwhile, multiple Italian news outlets reported that people on the boat were from Britain, New Zealand, Sri Lanka, and Ireland.

British-French citizens were also among those on the superyacht, according to reports.

Seven people missing after British-flagged yacht capsizes in tornado off coast of Italy

'I saw it sinking with my own eyes'

Pietro Asciutto, a fisherman from Porticello who witnessed the storm, told local media: "I was at home when the tornado hit. I immediately closed all the windows. Then I saw the boat, it had only one mast, it was very big. I saw it suddenly sink."

He added: "I think the whirlwind came from Porticello... shortly afterwards I went down to Santa Nicolicchia Bay to get a better look at what was happening.

"The boat was still floating, then all of a sudden it disappeared. I saw it sinking with my own eyes."

Fabio Cefalu, another local fisherman, called rescue services after spotting the wrecked boat off Porticello.

He said: "Around 3.55am we witnessed the whirlwind. After a quarter of an hour, we saw a flare 500 metres away from the dock.

"Around 4:35am we went out to sea for the rescue, however, we only saw the remains of the boat floating. There were no men in the sea. So we immediately called the harbour master's office."

Damaged caused by the storm

A spokesman for the Foreign, Commonwealth and Development Office (FCDO) said: "We are in contact with the local authorities following an incident in Sicily, and stand ready to provide consular support to British nationals affected."

Camper and Nicholsons, which provided yacht management services for the Bayesian, has confirmed the vessel sank at around 4.30am local time.

The company said in a statement: "The Italian coast guard is leading search and rescue operations, and has safely recovered 15 individuals. Efforts to locate the seven missing persons continue.

"Our priority is assisting with the ongoing search and providing all necessary support to the rescued passengers and crew."

Online charter sites listed the Bayesian as available for rent for up to €195,000 (about £166,339) a week.

Related Topics

  • Superyacht sinking

Morgan Stanley International chairman among missing from sunken yacht, reports say

Jonathan Bloomer

Jonathan Bloomer, the chairman of Morgan Stanley International, was on Monday night reported to be among the missing from the sunken yacht Bayesian.

He was confirmed missing by Italian authorities, according to The Times.

Mr Bloomer is a close friend of Mike Lynch, the owner of the yacht, who is also missing alongside his 18-year-old daughter Hannah.

Salvatore Cocina, head of the Civil Protection in Sicily, said Chris Morvillo, a lawyer at Clifford Chance, was also missing.

The vessel is thought to have been hit by a tornado while anchored off Sicily. 

Four of the missing passengers are British and two are American, Italian newspaper la Repubblica stated. Italian media said the man who died was the yacht’s onboard chef.

Mr Lynch’s US fraud trial, which ended two months ago with him being cleared by a San Francisco jury, saw Mr Bloomer take the stand as he had led the audit committee at Mr Lynch’s firm Autonomy.

Mike Lynch missing after superyacht sinking

It was alleged that he had overseen fraudulent accounting at Autonomy that wildly inflated the former FTSE 100 company’s value before it was sold to Hewlett-Packard for $11 billion (£8.7 billion) in 2011.

Mr Bloomer claimed that Mr Lynch had largely ignored Autonomy’s accounting, in evidence which was critical to his defence.

Mr Bloomer claimed: “Mike was mostly interested in the strategy, new products, new areas to look at, potential acquisitions.

“For example, he didn’t come to the audit committee and wasn’t particularly interested in the finance side.”

According to his Linkedin profile, Mr Bloomer is currently the chairman of insurance provider Hiscox and was the chief executive of Prudential before being ousted in a boardroom coup in 2005 following the dotcom crash.

Live Reporting

Related stories, lawyer and chairman among those missing.

Salvatore Cocina, head of the Civil Protection in Sicily, said Chris Morvillo, a lawyer at Clifford Chance and Jonathan Bloomer, chairman of Morgan Stanley International, were also among the missing people.

Meanwhile, Italian media said the man who died was the yacht’s onboard chef.

Did Bayesian superyacht’s 237ft mast cause it to sink?

Bayesian’s 237ft metal mast may have played a part in the sinking of the superyacht off the coast of Sicily, experts have suggested.

The yacht, seemingly named after the mathematical theory which Mike Lynch used to make his millions in the tech industry, foundered in the small hours of Monday morning.

Key among potential reasons for the loss of the vessel will be its most striking feature – the aluminium mast.

Read our latest here

British inspectors deploy to Sicily

Britain’s Marine Accident Investigation Branch said four of its inspectors were being deployed to Palermo.

A basic assessment of the scene will be made by the team with no investigation launched at this stage, the PA news agency understands.

Lynch’s co-defendant in fraud trial died in car crash on weekend

Mike Lynch’s co-defendant in his US fraud trial died in a road accident on Saturday days before the tycoon went missing off the coast of Sicily.

Stephen Chamberlain was hit by a car during the accident over the weekend in Cambridgeshire.

Chamberlain faced the same charges of fraud and conspiracy as his former boss Lynch for allegedly scheming to inflate the value of his company Autonomy before it was sold to Hewlett Packard.

A source told The Telegraph: “Our dear client and friend Steve Chamberlain was fatally struck by a car on Saturday while out running.

“He was a courageous man with unparalleled integrity, and we deeply miss him. He fought successfully to clear his good name, which lives on through his wonderful family.”

Pictured: Search mission continues

Divers

‘A holiday day at sea turned into a tragedy’

“At around 4:30 in the morning it was gone. A beautiful vessel where there had been a party. A normal holiday day spent happily at sea turned into a tragedy,” a witness told Italian news agency ANSA. 

He continued: “The vessel was not far from the port. It would have taken very little to raise the anchor and head for the port. Evidently they were surprised by the storm that suddenly hit and they were unable to avoid the sinking.”

Rescue operation will continue overnight

The rescue operation for the missing six passengers will continue overnight, Salvo Cocina of Sicily’s civil protection agency has said.

A specialist caving search and rescue diving team has also arrived and hoped to “achieve results” overnight or early tomorrow morning, the BBC reported. 

Pictured: Survivors leave the Porticello Coast Guard headquarters

Survivors leave the coast guard headquarters

Superyacht guests were celebrating Mike Lynch’s acquittal when disaster struck

Guests were celebrating the acquittal of Mike Lynch, the British tech entrepreneur, on the superyacht Bayesian when the vessel sank off the coast of Italy.

Mr Lynch had gathered guests from Clifford Chance, the legal firm, and Invoke Capital, his own company, after being cleared in June of fraud over the multi-billion-dollar sale of Autonomy.

He was found not guilty on all counts of an accusation of inflating the value of the company, which he sold to the US tech giant Hewlett-Packard for £8.6 billion in 2011.

Read the full story here

Pictured: The Bayesian in a promotional video

‘We should have found something by now’

Francesco Venuto, the spokesman for Sicily’s civil protection agency, has told the BBC that they “think [the missing people] must be there [in the boat]”.

“We’ve been searching all day with helicopters and boats, we’ve found nothing. That wouldn’t make sense, in these conditions we should have found something by now,” he added.

Lynch’s wife in wheelchair following incident

According to La Repubblica, Bacares is in a wheelchair, with abrasions on her feet that prevent her from walking and bandages on other parts of her body.

The newspaper said that she told doctors that at 4am the boat tilted and she and her husband woke up.

At first, they were not worried but then there was a scene of confusion as glass shattered and everything slipped.

Italian firefighters at the scene

Lynch’s 18-year-old daughter also missing

Mike Lynch’s 18-year-old daughter Hannah is among those missing in the superyacht sinking, The Telegraph understands.

Italian media early reported that Angela Bacares, Mr Lynch’s wife, told doctors that her husband and daughter were missing.

Pictured: Previous waterspouts and tornados in Italy

A downburst reported near Sicily in 2018

A tornado reported at Licata, Sicily, in 2021

A waterspout in Apulia, Italy, in 2024

‘In the wrong place at the wrong time’

The boat sank after a tornado over the water known as a waterspout struck the area overnight, said Salvo Cocina of Sicily’s civil protection agency. One body has been recovered, and police divers were trying to reach the hull of the ship, which was resting at a depth of 50 meters (163 feet) off Porticello, near Palermo, where it had been anchored.

The Italian coast guard said the yacht had a crew of 10 people and 12 passengers.

A sudden fierce storm had battered the area overnight, and struck where the 56-meter (184-foot) British-flagged Bayesian had been moored. “They were in the wrong place at the wrong time,” Cocina said, noting that another superyacht nearby wasn’t as badly damaged and was able to rescue some of the 15 survivors.

Who is Mike Lynch? Britain’s ‘Bill Gates’ who was acquitted of £8bn fraud just two months ago

Mike Lynch

Just weeks ago, Mike Lynch was walking out of a San Francisco courtroom a free man with tears in his eyes.

The technology tycoon known as “Britain’s Bill Gates” had improbably beaten the odds in a bitter US legal dispute with technology giant HP, convincing a jury that he was not guilty of claims of massive fraud.

Cleared after a 13-year legal fight, the entrepreneur vowed to fight to reform Britain’s extradition laws after he was flown to San Francisco to face trial and kept under house arrest.

Read the full profile here

Pictured: Rescue teams search the water

Rescue teams search the water

Pictured: A diver leaps into the sea during search for victims

Diver

‘I held her afloat with all my strength’: British mother describes rescuing her baby from drowning

Among the 15 survivors is a one-year-old British baby called Sofia who was saved by her mother, Charlotte Golunski.

Ms Golunski, an Oxford graduate and senior associate at Invoke, had fought to prevent her child from drowning. While all around her she could hear the screams of the terrified passengers and crew, she kept her grip on her baby to stop her from slipping beneath the waves.

The child’s mother told Republicca, the Italian newspaper: “I held her afloat with all my strength, my arms stretched upwards to keep her from drowning. 

“It was all dark. In the water I couldn’t keep my eyes open. I screamed for help but all I could hear around me was the screams of others.”

Mike Lynch was awarded an OBE for services to enterprise

Mike Lynch was made an OBE for services to enterprise in 2006. 

That same year, he was appointed to the board of the BBC, and was later elected to then-prime minister David Cameron’s council for science and technology in 2011.

He advised Mr Cameron on subjects including “the opportunities and risks of the development of artificial intelligence and the government’s role in the regulation of these technologies”.

Mr Lynch is among six tourists missing after the luxury yacht sank in bad weather off the coast of Sicily, sources said.

Four of the missing passengers are British and two are American, Italian news website la Repubblica stated.

UK’s Marine Accident Investigation Branch sending team

The UK’s Marine Accident Investigation Branch is sending a team of four inspectors to conduct a “preliminary assessment” into the sinking of the Bayesian, a government spokesman said.

The Bayesian was registered in London and flew the Red Ensign, meaning UK authorities will be involved in the investigation into why she foundered.

Specialist divers are being flown to Sicily from the Italian mainland

Specialist cave divers are being flown to Sicily from the Italian mainland to assist in the search for survivors of the superyacht as hopes fade of finding any of the six alive.

Luca Cari, spokesman for the firefighting service, told The Telegraph firefighter divers from Palermo and the Sardinian towns of Cagliari and Sassari had been working tirelessly at a depth of 50 metres since the early hours of Monday morning when the alarm was sounded.

But Mr Cari said the spaces inside the luxury yacht were so small that specially trained cave divers and their equipment were required to access the cabins.

“We are working non-stop with our divers and our helicopter.  But we are talking about very small confined spaces inside the yacht so we need the specialist cave divers and their equipment,” he said.

He declined to say whether divers had identified bodies through the portholes of the sunken yacht but said as time went on it was increasingly unlikely that the firefighters would find any more survivors.

Divers search for bodies after superyacht sinks in Sicily

Divers involved in the rescue operation for the missing passengers of the Bayesian have been captured entering the water as part of the search effort. 

Three divers in orange wetsuits are seen in the water off the coast of Sicily before they commence an underwater search for those that are missing. 

Mike Lynch has been called the ‘British Bill Gates’

Mike Lynch, the British technology tycoon, is one of six tourists missing in a superyacht sinking. 

Mr Lynch founded software giant Autonomy in 1996, and made his name as one of Britain’s most influential entrepreneurs through the company.

He has been described at points as the Bill Gates of Britain, for founding the company which became one of the biggest enterprise software firms on the planet.

He negotiated an 11 billion dollar (£8.64 billion) sale of Autonomy to Hewlett Packard, which generated a more than 800 million US dollar windfall for him.

But the sale also kicked off a 13-year legal saga. It was only in June this year that Mr Lynch was cleared of charges alleging he orchestrated a fraud and conspiracy leading up to the deal, which turned into a costly albatross for HP.

He faced more than 20 years in US prison if convicted of the fraud and conspiracy allegations, and the Times reported that he spent 13 months under house arrest awaiting the trial that ended in June.

Bayesian superyacht specs

The Bayesian is 56 metres long (183ft) and has a 75m (246ft) long mast.

The vessel was in front of the port of Porticello, in the province of Palermo, when the severe weather struck. 

Its anchor was down and the strong gust would have caused the vessel to lose balance which is believed to have led to the shipwreck.

Who is Mike Lynch?

Mr Lynch, 59, founded the software company Autonomy in 1996 and became one of Britain’s most high-profile businessmen when he sold it to Hewlett Packard for £7bn in 2011.

He spent more than a decade seeking to clear his name after HP accused Autonomy executives of illegal accounting practices in 2012.

Mr Lynch was charged with fraud in the US in 2018 and was found not guilty in June in a stunning legal victory. He had only recently returned to the United Kingdom and had planned to defend wrongfully convicted Britons.

Ms Bacares holds much of his fortune. The couple have had two daughters, who are 21 and 18.

Survivor leaves coast guard headquarters after sailboat sank off Sicily

A survivor leaves the coast guard headquarters after a superyacht sank at around 5am in front of Porticello in the province of Palermo on Monday.

The 50-metre vessel reportedly had mostly British nationals on board and 15 people were saved by coast guard patrol boats and firefighters, including a one-year-old child.

Earlier today the coast guard issued a statement saying it had rescued 15 people from the yacht that had 22 people onboard. 

Survivor leaves coast guard headquarters after sailboat sank off Sicily

The term Bayesian explained

The term Bayesian refers to a branch of statistics pioneered by Thomas Bayes, an 18th century mathematician and vicar.

Much of modern artificial intelligence and computer analysis is underpinned by Bayesian inference, which involves updating the probabilities of various scenarios based on ongoing evidence.

The statistical model was crucial to Autonomy’s technology, which searched through large amounts of corporate data to find information.

In 2021, Mike Lynch said that: “Bayes deserves far more historical credit for the place he occupies among the forefathers of information theory”

Mr Lynch has often used playful naming conventions. Conference rooms at Autonomy were named after James Bond villains, another interest of his, while his dogs have named after engineering terms such as Valve, Tappet and Switch.

Doctor describes mother’s ordeal

Dr Domenico Cipolla, head of emergency room at the Giovanni di Cristina paediatric hospital in Palermo, has described the experience of Charlotte, the British mother who was onboard the Bayesian when it sank. 

DrCipolla said: “She told me that while they were sleeping, at a certain point the yacht overturned due to the tornado, and they found themselves in the water. 

“Some of them immediately managed to get onto the lifeboat. And some, evidently, didn’t make it.

“She told me that she was in the water for no more than two, three seconds, and she managed to save the baby, to keep her arms up, and then, with the others, they were able to get on the lifeboat, and then, I think, they were rescued by the coast guard.

“They are all in good condition. We managed to get the parents to talk (to each other) on the phone, all the doctors and nurses were all very moved, also because the little girl is fine, the prognosis is good and we are carrying out tests just to be careful.”

British tech entrepreneur Mike Lynch missing in superyacht sinking

British tech entrepreneur Mike Lynch is missing after the sinking of a superyacht off the coast of Sicily, The Telegraph understands.

Watch: Captain who rescued passengers from yacht sinking interview

The captain who rescued passengers from the Bayesian has spoken to media about the ordeal.

Captain of another boat describes saving 15 Bayesian passengers

The captain of a nearby boat that rescued the 15 people has described the conditions in which the Bayesian sank last night.

Karsten Borner said his own vessel, the Sir Robert BP, was battered by very strong gusts in the early hours of the morning, managing to stabilise it while anchored by using the engine.

He said as they were doing this, they noticed the Bayesian nearby and manoeuvred to avoid hitting it.

“We managed to keep the ship in position, and after the storm was over, we noticed that the ship behind us was gone.”

Passengers of the Bayesian were reportedly rescued by the crew of a Dutch-flagged sailing vessel

Details of the superyacht

The Bayesian is 56 metres long (183ft) according to ship tracking website VesselFinder.

The luxury super yacht is said to have a 75m (246ft) long mast.

She was built in 2008 by Italian company Perini Navi with an initial asking price of 35 million euros (£30 million) according to Nautic Link. 

According to the leasing company Yacht Charter Fleet, the boat is furnished with a “Japanese-style” interior.

It has been designed to accommodate up to 12 guests in six suites, along with ten crew members.

The Bayesian was awarded the best exterior styling at the 2009 World Superyacht Awards.

Male body recovered, Vigili del Fuoco confirms

Vigili del Fuoco,  Italy’s fire and rescue service, has confirmed a male body has been recovered from the yacht.

In a post on X, it said the “lifeless body of a man recovered [has been] from the wreck by the divers.”

It posted the statement alongside a clip of the rescue effort with footage showing helicopters, boats and divers carrying out a search operation.

#Palermo , naufragio imbarcazione a Porticello: recuperato dai #sommozzatori dei #vigilidelfuoco il corpo senza vita di un uomo, all'esterno del relitto. Proseguono le operazioni di ricerca con il coordinamento in mare della @guardiacostiera [ #19agosto 11:30] pic.twitter.com/Y2m9o5ohCe — Vigili del Fuoco (@vigilidelfuoco) August 19, 2024

Four Britons missing after yacht sinks off Sicily

One person has died and four British nationals are missing after a yacht sank off the coast of Sicily, Italian media has reported.

The 50-metre boat, which is called the “Bayesian”, sank at around 5am in the stretch of sea in front of Porticello in the province of Palermo.

The vessel reportedly had mostly British nationals on board and 15 people were saved by coast guard patrol boats and firefighters, including a one-year-old child.

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One-year-old survivor called Sofia, local media reports

The one-year-old English girl who was saved from the shipwreck has been named as Sofia, local media reports. 

Map: The superyacht’s journey before it sank

The Bayesian sank at around 5am in the stretch of sea in front of Porticello in the province of Palermo.

Below is a map of its journey before it went down. 

A mother saved her one-year-old from drowning, local media reports

A mother has told of how she kept her one-year-old daughter alive after a yacht sank off the coast of Sicily.

Charlotte, a survivor of the incident said her child is now being treated in the Di Cristina hospital, in Palermo, following the ordeal in which the Bayesian sank due to severe winds. 

The mother, who is said to be a British tourist, told la Repubblica, a local news website: “I held her afloat with all my strength, my arms stretched upwards to keep her from drowning. 

“It was all dark. In the water I couldn’t keep my eyes open. I screamed for help but all I could hear around me was the screams of others.” 

Charlotte said her husband James has been taken to Civico hospital in Palermo after suffering minor injuries. 

La Repubblica said that the father asked about his daughter’s health during a phone call with his wife.

According to the paper, he said: “How is the little girl? Is she there with you?”

His wife reassured him and they promised to hug each other again soon, the site reported. 

Shadow foreign minister pays tribute to those involved in incident

Alicia Kearns, shadow foreign minister for Europe, wrote on X: “Desperately sorry to hear of the capsizing of the Bayesian - a heartbreaking incident.

“My thoughts are with all the families of those lost at sea, and those recovering following the rescue operation, I’m sure the foreign office will be providing consular support to British Nationals and their families.”

Foreign Office statement

The Foreign Office said in a statement: “We are in contact with the local authorities following an incident in Sicily, and stand ready to provide consular support to British nationals affected.”

‘I saw it suddenly disappear’, says Porticello fisherman

Pietro Asciutto, a fisherman from Porticello who witnessed the sinking, told ANSA: “I was at home when the tornado hit. I immediately closed all the windows. Then I saw the boat, it had only one mast, it was very large. I saw it sink suddenly.”

He added: “I think the tornado came from Porticello. Shortly after I went down to the Bay of Santa Nicolicchia to get a better look at what was happening. 

“The boat was still floating, then suddenly it disappeared. I saw it sink with my own eyes.”

Fire Brigade and Coast Guard units search for missing people

Sinking of Bayesian ‘strange’, says former chief stewardess

A former chief stewardess of the Bayesian has described news of the yacht’s sinking as “strange” because the boat had withstood the choppiest of seas.

Monica Jensen, 48, told The Telegraph: “It seems a bit strange. We have been in bad weather with it, crossed the Atlantic.

“It’s been all over. These things definitely don’t happen very often.”

Ms Jensen worked on the 56m superyacht from November 2018 to October 2020 for a private owner and said the boat had since been sold. 

She accompanied the boat on two Caribbean seasons and cruised around Italy, Malta, Greece and the Balearics.

Ms Jensen said the crew would have been well-drilled on the evacuation process.

She said: “You can’t work on a boat without the right certificates, training and you do drills monthly.”

Pictured: Emergency services carrying bodybag following shipwreck

Emergency services are pictured carrying a bodybag to shore after local media reported a man’s body had been recovered from the shipwreck off the coast of Sicily. 

Emergency services carry a body bag after a sailboat sank in the early hours of Monday, off the coast of Porticello, near the Sicilian city of Palermo, Italy

Coast guard statement

The Italian Coast Guard said in a statement: “This morning at about 5am, following a violent gale, a 56-metre yacht named Bayesian and flying the UK flag sank off Porticello.

“The first shipwrecked were rescued by a boat in the immediate vicinity and brought ashore by four coast guard vessels, which promptly responded to the scene from Porticello, Termini Imerese and Palermo.

“Initial information received from the yacht crew indicated that 22 people (10 crew members and 12 passengers) were onboard the yacht.

“There are currently 15 people rescued and seven missing (one crew member and six passengers), of British, American and Canadian nationality.

“Of the people recovered, eight were transported to local hospitals. The vessel is reported to have sunk on a seabed of about 50 metres.

“The search continues unabated with naval, air and underwater resources, including the Messina Coast Guard Diving Unit.”

Picture taken from video released by the Italian Coast Guard on Monday

Mayor makes statement about incident

Filippo Tripoli, the mayor of Bagheria in Sicily, said: “This morning, off the coast of Santa Flavia, a foreign boat sunk due to bad weather, 15 people recovered and seven missing.

“Already all the police forces and emergency services are operational and our Red Cross volunteers are present.”

‘Captain should not be blamed’, says local businessman

Bartolomeo Lo Coco, who owns the Tosto Chiosco cafe in Porticello, said it was common for rental yachts and boats to sail through the fishing village, adding that the captain should not be blamed for what had occurred because the weather had been so unpredictable.

“This was a terrible misfortune that no-one could have foreseen. It is nobody’s fault, the captain should not be blamed.”

Lo Coco said Carabinieri police, coast guard and firefighters were still searching the port. He stressed that the yacht was at a depth of 50 to 60 metres.

People in ‘mourning’, says local business owner

Bartolomeo Lo Coco, who owns the Tosto Chiosco cafe in Porticello, said those in the port were in “mourning” following the deeply shocking incident.

He said no one could have predicted the storm and the whirlwind that appeared to have caused the accident.

“We are in mourning here, all of us are in mourning,” he told The Telegraph. “We have never seen anything like this, ever. There is a very serious tragedy.”

His kiosk, which serves snacks and sandwiches, overlooks the water in Porticello.

He said the whirlwind, which occurred in the early hours of Monday, had not only caused the tragic accident but also widespread damage in the port.

He added: “This wasn’t a thunderstorm, this was a whirlwind. It happened all of a sudden. There is a lot of damage here. Boats were dislodged from their moorings and restaurant tables were broken within minutes and sent flying several metres.”

Body of man recovered in search, local media reports

The body of a man has been recovered from the seabed in the search for missing people following a shipwreck off the coast of Sicily, according to il Fatto Quotidiano.

The local news website said: “A body was found and recovered by rescuers on the seabed. Firefighters and the coast guard are looking for six other passengers, while fifteen have been rescued.”

Among the survivors is a one-year-old girl who is being treated in the Civico hospital with her mother, the site said.

According to witnesses, the vessel was in front of the port of Porticello when the severe weather struck. 

The anchor was down and the strong gust would have caused the vessel to lose balance which is believed to have led to the shipwreck.

Storm in Palermo

Footage shared by the BAIA Santa Nicolicchia restaurant shows the storm hit the port.

The violent weather causes damage outside the restaurant, knocking over chairs and plant pots.

Yacht designed for luxury travel

The Bayesian was designed for luxury travel, according to local media.

Tgcom24 described the yacht as an “elegant 56-metre sailing boat” weighing 473 tons. It was said to be flying a United Kingdom flag when it sank.

The online newspaper said it was built by the Perini Navi Viareggio shipyard in February 2008, before being refitted in 2020.

The boat had arrived in Porticello after a stop in Milazzo and a passage in front of Cefalù, Tgcom24 reported.

Watch: Search underway

Aerial footage of the search has been posted on social media by Vigili del Fuoco, Italy’s fire and rescue service.

The post on X, formerly Twitter, said: “A Palermo boat wreck off the coast of Porticello, 15 people saved, seven reported missing.

“Since dawn firefighters and divers have engaged in the search. The wreck has been identified 50 metres deep.”

Vessel ‘caught middle of a hurricane’

The BAIA Santa Nicolicchia restaurant in Porticello wrote on its Facebook page that the yacht sank at around 4am after being caught in a hurricane.

They called it an “unbelievable tragedy”, adding that they were “lost for words”.

The post read: “Last picture I took at 10pm. The yacht on the left sank at 4.05am, caught in the middle of the hurricane 300 metres from the port of Porticello, next to another sailboat that provided rescue.

“It looks like there are 22 on board but unfortunately seven missing, they’re still afraid inside the hull.

“Unbelievable tragedy tonight. I’m out of words.”

Pictured: Last photo of boat

The last photo thought to have been taken of the yacht at 10pm on Sunday in Porticello.

The boat on the (left)

Four Britons missing

Four Britons are reported to be missing after a yacht sank in a stretch of sea in front of Porticello.

Seven people are missing in total, including four Britons, one Canadian, two Americans and the ship’s cook.

The vessel reportedly had mostly British nationals on board and 15 people were saved by coast guard patrol boats and firefighters, including a one-year-old child.

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