how much to buy a luxury yacht

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When it comes to how to buy a luxury superyacht, the 360-view offered by the Burgess in-house team of expert brokers is invaluable. Our brokers are available to guide you through the entire yacht buying process. Whether you are a first-time buyer or a seasoned yacht owner, we will navigate the superyacht market for you. 

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Advanced functionality coming soon.

Us flagged vessel, health insurance costs per crew, uniform cost per crew, training cost per crew, food cost per crew, crew turnover, hires using a professional crew agency.

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Costs of food provisions will vary dependent upon how eloborate food Preferenaces are

Location will play huge factor in food provisons and thing may have to be folws into remorte locations.

Crew is one of the largest expenses on a superyacht and critical to the owner’s enjoyment of their vessel. As the largest crew agency in the world, we know crew. Our cost calculator contains customized crew lists for yachts ranging from 80ft to 600ft with salary information based on our reference verified salary data.

Our users also have the ability to completely tailor the crew list to the specific needs, schedule and requirements of their vessel. Each yacht is unique and may have specific owner requests in addition to the yacht’s safe manning requirements.

Management of the supplemental crew costs and strategic budgeting can help avoid significant overspend on categories such as food and uniform. This tool contains default values based on our industry expertise and recommended budget for an efficiently and safely run superyacht.

To learn more about each crew position in detail, including salary ranges, please visit our yacht department directory .

Drag the sliders to modify your results. These are not linear scales and we expect most yachts to operate within the 20-80% window. Above 80% and below 20% costs increase or decrease at exaggerated levels and we only see numbers in these levels in very rare circumstances.

This sunburst diagram is interactive. You can click into each block to see the expense break down and mouse over each block for more details.

Our chart of accounts displays seven major categories, 20 sub-categories plus a further 80 detail categories for a total of 107.

Our yacht operating cost calculator is now on it’s third major revision. We start with actual yacht expense data from our yacht management accountants and then generate formulas to extrapolate out the budget for a wide range of yachts. We have been providing accounting services to large yachts for the past 18 years.

Our operating cost calculator is tuned for yachts from 80 to 600 feet. We find operating variables create the largest variances for yachts smaller than 100 feet and larger than 250 feet. We have tested the numbers the most in the range from 100 to 250 feet.

Our budget calculator factors in the fuel burn for a range of engine sizes typically seen installed on yachts by length. By dragging the green “fuel dockage” slider to the right you will increase the projected fuel burn rate and therefore the budget cost for fuel. Our default position would be for a typical displacement fuel burn. Position the slider in the 60-80% range for fuel projections for planning hulls.

Our default values produce a budget number that we believe is generous to run a yacht to a high standard. Perfect is a very expensive word to use in the yachting industry where standards are already high. Moving the crew and maintenance sliders to 80% will provide an “industry best” quality of crew and give them the maintenance budget to operate to a very high standard. If you need to go over the 80% area then you may have unusually labor intensive equipment on the yacht.

Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel movement but leave the essential base maintenance and insurance in place.

Lift on and float in yacht transport is a popular way to transport yachts across large ocean passage. The yachts that this service certainly applies to are ones that may not have the motoring range or structural integrity for blue ocean cruising. The cost of transporting a yacht twice per year is put into our budget once the “Fuel Dockage” slider hits 75%. If your yacht has the range we recommend self-sufficient ocean passages whenever possible. Whilst the transport companies sell their services based upon reportedly well oiled operated schedules the reality is that your yacht may stay waiting for pickup for a week or more with no compensation due. When factoring in all secondary factors of self-sufficient passages (increased fuel, maintenance, potential storm damage, crew time off, extra delivery crew) compared with transporting your yacht (insurance, potential loading / unloading damage, loss of schedule control, no work whilst underway, crew flights, crew accommodation) we believe that there is a 100% premium associated with float in transport and a 75% premium with lift on transport compared with self-powered.

Abandoned yachts crash in value. We recommend that even if you are trying to sell your yacht that you use the yacht for a minimum of two weeks per year so that systems are tested and working every six months. There is nothing worse for a yacht than not being used. If you truly are not going to use the yacht then you should sell it immediately for the first genuine offer as every dollar you put into maintenance will not be recovered at the time of the sale.

We did not build this version with sailing yachts in mind. Early in our development of this version we decided to exclude sailing yachts as a few of the major cost drivers scale very differently for sailing yachts compared with motor yachts. For example: To calculate paint costs we reviewed the surface area of over 100 large yachts and created a formula for painted surface area to length. Sailing yachts just don’t scale in a consistent way. Similarly crew numbers don’t scale in the same manner that they do for motor yachts. If there is sufficient demand we may build a sailing selector switch into a future version of this tool.

We hate to hear when yacht owners were told by their broker to factor in 10% of the purchase price to operate the yacht. This over used saying is sadly right occasionally (particularly for newer yachts in the $20-30M range)… but just because a broken watch tells the right time twice a day you shouldn’t rely upon it to tell the time. As yachts get older their capital value decreases but their maintenance costs increase. There is no way that a fixed 10% of purchase cost rule can be true… if your broker told you this rule then you need a new yacht broker… we know some good ones. 😊

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The 10 biggest superyachts currently listed for sale

Related articles, superyacht directory.

Want to know how much boat you can buy for your buck? BOAT takes a look at the biggest yachts currently for sale, starting with the iconic 114.5-metre superyacht Pelorus ...

Pelorus | 114.5m

Year: 2003 Builder: Lürssen

Pelorus was commissioned by a Saudi businessman who enjoyed one long, glorious cruise aboard his new superyacht before tycoon Roman Abramovich made him an offer too good to refuse. Easily the largest yacht to be built by Lürssen at the time, her Tim Heywood exterior features a top deck "lido" with two swimming pools, two helicopter pads and a vast, sea-level platform revealed by opening the transom. Interiors were carried out by Terence Disdale , who opted to use natural materials wherever possible to maintain a "casual" atmosphere – in the hopes it would offset the yacht’s imposing frame.

Pelorus is asking €185,000,000 with Burgess .

Moonlight II | 91.4m

Year: 2005 Builder: Neorion

The brainchild of the late Andreas Liveras, Moonchild II was originally commissioned as the 85.3-metre Alysia alongside sistership Annaliesse (now Queen Miri ). Her transformative 2015 refit added the extra 6.1 metres alongside a brand new beach club made complete with a well-stocked bar, sunbathing areas and shell doors that reveal far-flung ocean views. Other highlights include a touch-and-go helipad and a full-beam spa with massage room, beauty salon, steam shower and gym.

Moonlight II is asking €68,000,000 with Fraser .

Phoenix II | 90.1m

Year: 2010 Builder: Lürssen

Phoenix II  takes a page (or two) from The Great Gatsby with her cherry velvet flooring and gilded details. The owner commissioned Winch Design to create her intricate "Art Deco meets the New York skyline" design concept, including a 5.7-metre phoenix figurehead modelled after the Chrysler building's mounted eagles. Roaring highlights include a sommelier room, three swimming pools, a plush cinema room and a custom Steinway for some musical accompaniment at mealtimes.

Phoenix II is asking €124,950,000 with   Cecil Wright and Burgess .

Lady Lara | 91m

Year: 2015 Builder: Lürssen

Debuting on the brokerage market in September 2023, Lady Lara has eluded the public eye for eight years – with BOAT International only recently stepping on board . She was designed inside and out by Reymond Langton and features two standout swimming pools . The first transforms into a dance floor with surround-sound while the second is fitted with a swim-up bar, large day bed and sunlounger. Lady Lara 's recently-completed winter works were valued at a staggering €15,000,000.

Lady Lara is asking €230,000,000 with Y.CO and Merle Wood & Associates .

Year: 2009 Builder: Abeking & Rasmussen

Another Reymond Langton entry, B2 remains the second-largest launch by the German shipyard (beaten out by the 118.2-metre Livao ). Her recent four-million-euro refit saw the hull extended by seven metres – allowing room for a spacious beach club, with a glass-bottom infinity pool acting as its rippling, refracted ceiling. The beach club is also outfitted with lounge chairs, a drinks bar and flatscreen television.

B2 is asking €79,000,000 with Moravia Yachting .

Chakra | 86m

Year: 1963 Builder: Van Der Werf

Delivered first as a commercial vessel, Chakra was converted into a full-fledged superyacht in 1998 by Devonport Yachts . The change saw her five decks rearranged with a dedicated yoga area, spa pool, beauty parlor, massage room and gym. This unconventional yacht also boasts a globe-trotting range (in exces of 10,000 nautical miles) and a spacious tender garage housing Yamaha Wave Runners, two RIBs and a 12-metre Sessa dayboat.

Chakra is listed for sale with Merle Wood & Associates, with POA.

O'Ptasia | 84.7m

Year: 2018 Builder: Golden Yachts

Superseded by 95-metre sistership O'Pari in 2020, Golden Yachts' former flagship is still one of the largest yachts on the market today. Her most attention-pulling feature is the beach club spa, fitted with a steam room, dry Finnish sauna, Hammam and massage room. Continuing the theme of wellness, a touch-and-go helipad on the foredeck can double as a yoga studio (with a view like no other) while her waterfall Jacuzzi is also a rejuvenating spot.

O'Ptasia is asking €89,999,000.00 with Burgess.

Elements | 80m

Year: 2019 Builder: Yachtley

The newest delivery on the list, Elements is Alpha Marine -made and "one of the world’s few purpose-built SOLAS yachts" according to her broker. Worthy of note is the master cabin, complete with its own oval lobby that doubles as a walk-in closet and a private deck with helipad, swimming pool, Jacuzzi and small private dining table. Her opulent Cristiano Gatto interiors see unconventional features (think Grecian-style pillars and etched-mirrored glass) incorporated alongside gold, silver and mother of pearl inlays.

Elements is asking €112,000,000 with Camper & Nicholsons .

Amaryllis | 78.4m

Year: 2011 Builder: Abeking & Rasmussen

Inspired by the Belle Époque, Art Nouveau and Art Deco periods, it's no wonder Amaryllis'   interiors (owed to Reymond Langton) always dazzle those who step aboard. Leisure highlights include a piano lounge, cinema suite and five-metre pool with colourful underwater lighting for night-time swims. Her waterside set-up also impresses, with a beach club that features a fully-equipped (and perfectly paired) gym and spa.

Amaryllis is asking €89,000,000 with Moravia Yachting.

Yersin | 76.6m

Year: 2015 Builder: Piriou

Designed by Pierre-Jacques Kubis in the same scientific spirit as her namesake , Yersin is equipped with a barge, seaplane and enough provisions to keep 18 people fed for 50 days. But this military-style explorer is built not just for getting to extraordinary places, but also for making the most of them once there. Guests have free reign over a 30-square-metre spa, cinema and a pool deck complete with a teppanyaki galley, sushi bar and a large swimming pool. Other highlights include a library and an elevator accessing all decks.

Yersin is asking €59,000,000 with Fraser.

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The Price Tag of Luxury: How Much Does a Yacht Cost?

In the realm of luxury living, only a few icons symbolize the epitome of luxury and adventure, like a majestic yacht. However, one question stands. How much does a yacht cost? A diverse array of styles, sizes, and amenities can be found on luxury yachts. Therefore, the cost of owning one can vary significantly.

Fortunately, there is a general method of evaluating the cost of purchasing and maintaining a yacht. Yacht Management South Florida, Inc. We are renowned for delivering the best yacht management services across South Florida.

Our expert team has years of experience in the industry, providing reliable and accurate information for anyone looking to enter the yachting world. We have crafted a comprehensive guide to streamline and understand the total costs of yacht ownership. 

How Much Does It Cost to Buy a Yacht?

As mentioned previously, the cost of a yacht varies depending on many factors, such as size, brand, age, and condition. Yachts can come in a wide range of sizes, from vessels under 40 feet to superyachts that exceed 100 feet in length. Yachts th

at are smaller in size can be purchased for a few hundred thousand dollars, making them more affordable for first-time boaters or those with a smaller budget for their recreational boat. Vessels that exceed 100 feet tend to cater more towards the boating elite, and the cost can reach millions of dollars due to the extensive craft and luxury. 

In addition to the initial cost of a yacht, prospective yacht owners must keep in mind the ongoing expenses of owning a boat, including: 

• Maintenance
• Crew salaries
• Dockage fees
• And more These operational costs can vary significantly depending on the size of the vessel. Still, the rule of thumb is to estimate 10% to 20% of the yacht’s purchase price to operational maintenance costs annually. 

How Much Is a 100-Foot Yacht? A 100-foot yacht is the ultimate epitome of luxury in the yachting world. Any vessel above 100 feet offers unparalleled space, comfort, and features to provide a supreme escape out to sea. However, such luxury comes with great responsibility and a hefty price tag. On average, a luxury superyacht can cost tens of millions, especially for a reputable yacht manufacturer. Remember, these prices for more lavish and technologically advanced yacht models can drastically increase.

Yacht Maintenance Costs Effectively maintaining a yacht, specifically in a maritime haven like South Florida, entails various maintenance tasks such as yacht hull painting, fiberglass yacht repair, and gelcoat blister repair. Yacht owners must budget themselves accordingly for routine yacht upkeep, repairs, and cosmetic enhancements. Regular maintenance is imperative for South Florida yacht maintenance to preserve your vessel’s longevity due to the salty air and warm climate. As yacht costs vary, yacht maintenance costs can also fluctuate depending on a vessel’s specific needs.

 Ensuring that you prioritize basic yacht upkeep tasks is essential for keeping your boat in top-notch condition. 

Our South Florida Yacht Management Services Understanding the cost of a yacht is important, but being aware of the costs associated with yacht maintenance is equally important for yacht owners. Yacht Management South Florida, Inc. is prepared to assist yacht owners in understanding the crucial yacht maintenance services their yacht requires.

Contact us today to learn more about how we can tailor our services to meet all of your yacht maintenance needs and have peace of mind that your vessel is in expert hands. 

Related Readings: Breaking Down Our Yacht Management Services in Fort Lauderdale Maintaining a Clear Coat for Fiberglass Boats

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

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

• 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

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

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

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

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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How much does it cost to buy a yacht?

How Much Does it Cost to Buy a Yacht?

Table of Contents

The Ultimate Luxury: A Guide to Buying a Yacht

For those who can afford the most extravagant lifestyle, owning a yacht is the epitome of luxury and indulgence. A symbol of opulence, yachts offer an unparalleled sense of freedom and exclusivity, as well as an unmatched experience for any water enthusiast. But how much does it really cost to buy a yacht?

Answering the Question: How Much Does it Cost to Buy a Yacht?

The price of a yacht varies widely, depending on various factors such as the type, size, design, materials, and brand. Here is a rough estimate of the costs involved:

Factors Affecting Yacht Prices

• Size: Yacht sizes range from 20 feet (6 meters) to over 250 feet (76 meters) , with prices proportionally increasing. Larger yachts typically have more luxury features and complex systems.
• Material: Yacht materials vary, including fiberglass, carbon fiber, and wood. Steel and aluminum yachts are usually more expensive , while fiberglass yachts are generally more affordable .
• Design: Custom-built yachts can cost significantly more than production-built ones. Yachts with innovative designs or collaborations with famous architects (e.g., Frank Gehry) can also drive up costs.
• Brand: Reputable brands like Azimut , Ferretti , and Princess often command higher prices due to their history, quality, and performance.
• Location: Yacht prices can differ based on the country or region of sale, with prices often being higher in areas with lower taxes .
• New vs. Used: Used yachts can offer significant discounts , but be sure to inspect condition and negotiate price accordingly.
• Customization: Adding custom features or upgrades can increase prices by tens of thousands to millions of dollars.
• Maintenance and operation: Regular maintenance and operation costs, such as fuel, crew, and insurance, can range from 20% to 50% of the initial purchase price .

Breaking Down Yacht Purchase Costs

To give you a better understanding, here is a general breakdown of yacht purchase costs:

Average Yacht Prices:

Additional Expenses:

Conclusion:

Buying a yacht is a significant investment that requires careful planning, research, and consideration of ongoing expenses. The initial purchase price is only the beginning, as additional costs such as maintenance, insurance, and operation expenses will impact your overall budget.

For those with the means to afford this luxurious lifestyle, it’s essential to consider the following key factors:

• Research and know the market: Understand the prices, and be prepared to negotiate.
• Factor in ongoing expenses: Budget for maintenance, insurance, and operation costs.
• Consider customization and upgradability: Adding custom features may increase costs, but ensure they improve the overall value and usability of your yacht.

By carefully evaluating these costs, you can ensure a smooth and enjoyable sailing experience for years to come.

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Luxury Sailing Yachts for Sale

142 sailing yachts for sale worldwide.

If you’re ready to feel the wind in your hair and the ocean rushing under the keel, then you are ready for a sailing yacht. Northrop & Johnson offers one of the industry’s most extensive and comprehensive inventories of sailing yachts for sale. A sailing yacht will be at the top of your list if you’re keen on a genuine connection to the sea. Northrop & Johnson’s dedicated sailing yacht brokers are experts in their field. They are able to match you with the perfect sailing yacht for your needs through our extensive global database and their personal network. Check out our selection of sailing yachts for sale and reach out with any questions or to begin the process of purchasing the sailing yacht of your dreams.

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Benefits of a Sailing Yacht

While they may be outnumbered on the water by motor yachts, sailing yachts present a unique showcase of features. If you’re interested in regatta capabilities to stellar eco-friendly performance, a sailing yacht is definitely for you. You just can’t beat the music of the wind in your sails while lounging on your deck.

Here are three benefits of sailing yachts:

• Eco-friendly.  Hoist the sails, ladies and gentlemen. Your sailing yacht is more eco-friendly than its motor-powered peers.
• Traditional elegance.  If aesthetics are important to you, sailing yachts feature unrivaled elegance in appearance. These yachts achieve an equilibrium of conventional beauty and modern comforts.
• Cost-effective . Since your sails will be doing a lot of the work, the fuel costs with your new sailing yacht will be less than that of a motor yacht.

Is a Sailing Yacht Right for You?

If you’re looking for the spirit of adventure and exploration of vibrant destinations, a sailing yacht might be right for you. Sailing yachts offer you the flexibility to enjoy exotic adventures in extraordinary accommodations. 

Sailing yachts offer lower-tech construction methods that can be less expensive. Their motion comfort is superb, with smooth hull sections that lend to clean cruising. They also tack easily, with a mix of weight from a homogeneous mass and a pivotable keel. 

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Mike Lynch yacht: The Bayesian's owner was close to billionaire and cost an enormous sum

British entrepreneur Mike Lynch is still missing following the capsizing the yacht he was on near Sicily.

While the billionaire has yet to be found , at least one person is confirmed dead from the accident while six are reported missing. Fifteen have been rescued, including Lynch’s wife , Angela Bacares.

The luxury yacht “suddenly sank” from what’s thought to have been “terrible weather conditions”, according to NBC. Lynch, 59, is the co-creator of the software corporation Autonomy and established Invoke Capital.

• Mike Lynch yacht sinking survivors pictured for first time as search for billionaire intensifies
• Missing billionaire Mike Lynch cleared of fraud just months before superyacht sinking in Italy

How much is the yacht 'The Bayesian' worth?

The Sun reports the 56-meter sailing yacht, called Bayesian, is worth £14 million, about $18 million. The average cost to buy a super yacht, which is a yacht between 37 to 60 meters, starts at about $10 million, according to Galati Yacht Sales .

Forbes said the cost to charter the Bayesian is $215,000 for one week. The yacht was listed for sale earlier this year, though it is no longer, according to BOAT International.

Who owned the Bayesian?

The yacht is legally owned by Lynch’s wife Bacares, Forbes reported. It was built in Italy in 2008 by renowned boat builder Perini Navi.

BOAT International reports the yacht's naval architecture was developed by Ron Holland Design while the interior design is by Rémi Tessier. It was originally known as Salute until 2016 when it was retrofitted and renamed Bayesian.

When it comes to length, Bayesian is in the top 5 percent in the world. It can accommodate up to 12 guests in 6 staterooms, and it has room for 9 crew members.

It is also one of the world’s tallest, with a single mast reaching 75 meters.