{"id":862,"date":"2020-12-29T13:58:50","date_gmt":"2020-12-29T13:58:50","guid":{"rendered":"https:\/\/yachtowner.co\/?page_id=862"},"modified":"2022-07-08T13:16:15","modified_gmt":"2022-07-08T13:16:15","slug":"yacht-ownership-cost","status":"publish","type":"page","link":"https:\/\/yachtowner.co\/ru\/yacht-ownership-cost\/","title":{"rendered":"Yacht Ownership Cost"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"862\" class=\"elementor elementor-862\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5cf8c4a0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5cf8c4a0\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container 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role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_email\" role=\"button\" tabindex=\"0\" aria-label=\"\u041f\u043e\u0434\u0435\u043b\u0438\u0442\u044c\u0441\u044f \u0432 email\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fas fa-envelope\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-682f4928 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"682f4928\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-27e3ac7d\" data-id=\"27e3ac7d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4d879040 elementor-widget elementor-widget-text-editor\" data-id=\"4d879040\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span data-contrast=\"auto\">Costs of Owning a Yacht<\/span><\/h2><p><span style=\"font-size: 17px; color: var( --e-global-color-primary ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; letter-spacing: var( --e-global-typography-text-letter-spacing );\" data-contrast=\"auto\">No matter what your budget size, yacht ownership cost should be considered carefully before buying a superyacht. Have you ever wondered how much it costs to own a yacht?<\/span><\/p><p><span style=\"font-size: 17px; color: var( --e-global-color-primary ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; letter-spacing: var( --e-global-typography-text-letter-spacing );\" data-contrast=\"auto\">Yachting is a dream for many people, but only a few of us <\/span><span style=\"font-size: 17px; color: var( --e-global-color-primary ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; letter-spacing: var( --e-global-typography-text-letter-spacing );\" data-contrast=\"auto\">make<\/span><span style=\"font-size: 17px; color: var( --e-global-color-primary ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; letter-spacing: var( --e-global-typography-text-letter-spacing );\" data-contrast=\"auto\"> this dream come true. <\/span><\/p><p><span style=\"font-size: 17px; color: var( --e-global-color-primary ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; letter-spacing: var( --e-global-typography-text-letter-spacing );\" data-contrast=\"auto\">In this article, you will learn what costs are associated with yacht ownership. <\/span><\/p><p><span style=\"font-size: 17px; color: var( --e-global-color-primary ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; letter-spacing: var( --e-global-typography-text-letter-spacing );\" data-contrast=\"auto\">We will deep dive into yacht ownership cost and see what factors affect average expenses for a superyacht o<\/span><span style=\"font-size: 17px; font-style: normal; font-weight: 400; color: var( --e-global-color-primary ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; letter-spacing: var( --e-global-typography-text-letter-spacing );\">n a yearly basis.<\/span><\/p><p><strong>We will cover:<\/strong><\/p><ul><li style=\"text-align: left;\"><strong>Costs of buying a yacht<\/strong><\/li><li style=\"text-align: left;\"><strong>Costs of running a yacht<\/strong><\/li><li style=\"text-align: left;\"><strong>Costs of selling a yacht<\/strong><\/li><li style=\"text-align: left;\"><strong>Making money with your yacht<\/strong><span style=\"font-size: 16px;\" data-ccp-props=\"{\">\u00a0<\/span><\/li><\/ul><p><span data-contrast=\"auto\">When thinking of superyachts,\u00a0<\/span><span data-contrast=\"auto\">most of the people imagine<\/span><span data-contrast=\"auto\">\u00a0multi-million-euro ships with enormous price tags. <\/span><\/p><p><span data-contrast=\"auto\">Many of us think straight away: &#8220;oh no, it is not for me&#8221;. But how can you be sure, if you do not know what realistic yacht ownership costs are?<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Did you ever think that yachts come it many <a href=\"https:\/\/yachtowner.co\/ru\/yacht-types-and-sizes\/\">types and sizes<\/a>? Many of them are more affordable than you guess. <\/span><\/p><p><span data-contrast=\"auto\">You do not have to spend 30 million euros to buy your own superyacht. Your dream can be much closer to reality than you think.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Let&#8217;s see how.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{\"> <img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-3482\" src=\"https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/couple-celebrates-on-a-charter-yacht.jpg\" alt=\"couple celebrates on a charter yacht\" width=\"550\" height=\"367\" srcset=\"https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/couple-celebrates-on-a-charter-yacht.jpg 2243w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/couple-celebrates-on-a-charter-yacht-300x200.jpg 300w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/couple-celebrates-on-a-charter-yacht-1024x683.jpg 1024w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/couple-celebrates-on-a-charter-yacht-768x512.jpg 768w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/couple-celebrates-on-a-charter-yacht-1536x1024.jpg 1536w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/couple-celebrates-on-a-charter-yacht-2048x1366.jpg 2048w\" sizes=\"(max-width: 550px) 100vw, 550px\" \/><\/span><\/p><h2>\u00a0<\/h2><h2 style=\"text-align: left;\"><span data-contrast=\"auto\">Yacht Ownership: Running a Floating Hotel<\/span><\/h2><p><span data-contrast=\"auto\">To understand the cost of owning a superyacht, let&#8217;s first see what yacht ownership &amp; operation\u00a0<\/span><span data-contrast=\"auto\">actually mean<\/span><span data-contrast=\"auto\">. <\/span><\/p><p><span data-contrast=\"auto\">Like with any asset, the basics are simple. You buy a yacht \u2013 you own and run a yacht \u2013 you sell a yacht. <\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">After you buy a yacht, you (or most probably your crew) will have to run its <a href=\"https:\/\/yachtowner.co\/ru\/superyacht-management\/\">daily operations<\/a>. What makes a <\/span><span data-contrast=\"auto\">yacht\u00a0<\/span><span data-contrast=\"auto\">different from a <\/span><span data-contrast=\"auto\">car, for instance?<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Although a yacht is primarily a means of transport, buying one is very different from buying a car. We love the comparison between buying a yacht and investing into a small hotel.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{\"> <img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/yachtowner.co\/wp-content\/uploads\/2020\/12\/Hotel-vs-Yacht.png\" alt=\"yacht ownership and hotel comparison\" width=\"600\" height=\"601\" \/><\/span><\/p><p><span data-contrast=\"auto\">Like a hotel, your yacht needs dedicated staff to run its operations.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">A yacht has a captain, in the same way as a hotel has a general manager.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">A yacht has a galley, like a hotel has a restaurant, employing a chef and waiters.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Housekeeping and technicians make sure that the property is up and running. There is a finance department to run accounting, tax advisor and bankers to ensure financial health. Purchases need to be made and utilities be paid for.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">To run a hotel smoothly, one must follow a bunch of state regulations. Fire safety regulations, sanitary regulations, security standards. <\/span><\/p><p><span data-contrast=\"auto\">Same applies for a yacht. It operates under certain safety and security regulations, depending on its size, number of guests it can host, and several other factors.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The larger the size of your floating hotel, the more complicated the operations get. When purchasing your new asset, you (or your manager) will have to think about all the above-mentioned aspects. <\/span><\/p><p><span data-contrast=\"auto\">Understanding the amount of yearly workload and the associated yacht ownership costs will set right expectations from the start. And believe us, all the effort is worth it in the end. <\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Now let&#8217;s look at the main pricing factors:<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{\">\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><h2 style=\"text-align: left;\"><span data-contrast=\"auto\">List of Yacht Ownership Costs<\/span><\/h2><h3 style=\"text-align: left;\"><span data-contrast=\"auto\">1. COST OF INITIAL YACHT PURCHASE<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/h3><p><span data-contrast=\"auto\">We gave you a general picture of yacht operations and their proximity to running a small hotel. At this stage, let&#8217;s look at costs that yacht ownership is comprised of.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The first large expense is the initial purchase price of your superyacht. This is the biggest bulk of money you will spend at one time. The exact amount will differ depending on your yacht&#8217;s model, size, age, and various other factors.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\"><a href=\"https:\/\/yachtowner.co\/ru\/about-us\/\"><strong>Yachtowner.co<\/strong><\/a> prepared a whole separate section of articles to help you\u00a0<\/span><a href=\"https:\/\/yachtowner.co\/ru\/how-to-buy-a-yacht\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"auto\">choose which yacht to buy.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/a><\/p><h4><span data-contrast=\"auto\">YACHT SIZE <\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/h4><p><span data-contrast=\"auto\">The larger <a href=\"https:\/\/yachtowner.co\/ru\/yacht-types-and-sizes\/\">the size of a yacht<\/a>, the more expensive it gets. The larger headcount of crew will be needed, the more expensive the marina docking, the higher fuel consumption. But first and foremost, the higher the initial purchase price will be.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><h4><span data-contrast=\"auto\">YACHT AGE<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/h4><p><span data-contrast=\"auto\">Superyachts depreciate with time. New-build yachts are obviously more expensive and offer most advanced technology and design. For yacht owners, it is often a dilemma between size and age of a boat to buy. <\/span><\/p><p><span data-contrast=\"auto\">For the same amount of money, you can get a smaller but newer yacht, or a larger but older boat without all the technical specifications you want. <\/span><\/p><p><span data-contrast=\"auto\">If you want to read more about new-build or pre-owned yachts, visit our article\u00a0<\/span><a href=\"https:\/\/yachtowner.co\/ru\/should-i-buy-a-new-or-a-used-yacht\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"auto\">&#8220;Should I buy a New or a Used Yacht?&#8221;<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/a><\/p><h4><span data-contrast=\"auto\">YACHT BRAND <\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/h4><p><span data-contrast=\"auto\">Some yacht brands are more well-known and internationally recognized than others. Choice of the yacht manufacturer will impact the cost of the future boat. <\/span><\/p><p><span data-contrast=\"auto\">Most famous yacht brands charge higher premiums. On the other hand, you might also get better deal while selling your premium brand yacht later. <\/span><\/p><p><span data-contrast=\"auto\">See our\u00a0<\/span><a href=\"https:\/\/yachtowner.co\/ru\/comprehensive-list-of-superyacht-brands\/\"><span data-contrast=\"auto\">Comprehensive List of 193 Superyacht Brands <\/span><\/a><span data-contrast=\"auto\">to get to know them all.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><h3>\u00a0<\/h3><h3 style=\"text-align: left;\"><span data-ccp-props=\"{\">\u00a02. <\/span><span style=\"font-size: 24px;\">SUPERYACHT RUNNING COSTS<\/span><\/h3><p><span data-contrast=\"auto\">After the initial purchase is made, there are yearly yacht ownership costs to be covered. Let&#8217;s take a closer look at superyacht operating expenses. <\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">These will be spread\u00a0<\/span><span data-contrast=\"auto\">more or less evenly<\/span><span data-contrast=\"auto\"> over the duration of your ownership. In general, yearly ownership costs for a superyacht amount to 10-15% of the yacht&#8217;s initial purchase price. <\/span><\/p><p><span data-contrast=\"auto\">Since this cost is substantial, it is important to plan it from the beginning. If you plan to own the yacht for 6-10 years, it will probably cost you the double of the initial price. <\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Now let&#8217;s run through cost categories.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><h4><span data-contrast=\"auto\">YACHT CREW<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/h4><p><span data-contrast=\"auto\">The largest bulk of superyacht ownership cost are crew salaries.\u00a0<\/span><span data-contrast=\"auto\">Typically,<\/span><span data-contrast=\"auto\">\u00a0they will account for<\/span><span data-contrast=\"auto\">\u00a0somewhere around 30-40% of yea<\/span><span data-contrast=\"auto\">rly yacht ownership cost.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Unless you decide to take necessary certifications and to operate the yacht yourself (which will be feasible only with smaller yachts), you will need to hire at least an experienced captain.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">There is a lot to be said about importance of a knowledgeable captain and a well selected crew. We will cover this topic more detailed in our article on\u00a0<\/span><span data-contrast=\"auto\">Yacht Crew Management.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Crew size grows\u00a0<\/span><span data-contrast=\"auto\">with yacht<\/span><span data-contrast=\"auto\">\u00a0size. The larger the vessel, the more crew members will be needed to ensure its smooth operation and high service standards.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Core crew members will in most cases be hired on a full-time basis over the whole year. If you do not plan to use the yacht during winter, then it might make sense to reduce the number of active crew members for several months during low season. <\/span><\/p><p><span data-contrast=\"auto\">Bear in mind, however, than with a new season approaching, your captain will have to find new crew members again. And it might be hard.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The exact number of crew will depend not only on the boat size, but also on its registration and owners&#8217; expectations. Here are several examples of crew setup for various motor yacht sizes:\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/yachtowner.co\/wp-content\/uploads\/2020\/12\/Crew-Size.png\" alt=\"yacht ownerhip cost: yacht crew size\" width=\"600\" height=\"599\" \/><\/p><p><span data-contrast=\"auto\">Crew can make or break your yachting experience. We cannot stress enough the importance\u00a0<\/span><span data-contrast=\"auto\">of finding<\/span><span data-contrast=\"auto\">\u00a0right people. They should not only have exceptional professional skills to cater for perfection, but also get along well with each other.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Working on a yacht is a challenging experience, very different from any shore-based job. Yacht crew often spends several months living in small quarters, spending their time together 24\/7. They are away from their families and friends for long time. <\/span><\/p><p><span data-contrast=\"auto\">Such conditions can easily take a toll on their relationships and consequently on the atmosphere aboard. Therefore, it is an absolute key to find right personalities which click well together.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">High crew turnover is something you want to avoid. Treating your crew with respect and providing them good working conditions is the right way to go.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Larger yachts demand higher qualifications from crew members, including those of captains and engineers. Piloting a 120-meter yacht is very different from piloting a 20-meter yacht. <\/span><\/p><p><span data-contrast=\"auto\">Many crew members work on progressively larger yachts as their careers evolve. Consequently, qualified crew members for large yachts are harder to find. Their salaries tend to be higher than of those working on smaller boats.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Worth mentioning is that other crew-related expenses, such as health insurance, food, uniforms, training, visas, in some cases repatriation costs (costs of flying a crew member from the yacht to her\/his home), and recruitment costs are also to be covered by yacht owner.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{\">\u00a0<\/span><\/p><h4><span data-contrast=\"auto\">FUEL<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/h4><p><span data-contrast=\"auto\">Another substantial part of yacht ownership cost is fuel. On average, it is the second-largest bulk of costs after crew salaries. The more you cruise, the more you pay for fuel. <\/span><\/p><p><span data-contrast=\"auto\">Good news is that the current trend towards more eco-friendly engines and less fuel consumption is slowly taking hold of the yachting industry. <\/span><\/p><p><span data-contrast=\"auto\">Still, if you enjoy speed while cruising your private yacht (as we know you do), you will need fuel. A lot of it.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Also, other liquids such as oil and lubricants will be needed onboard.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{\">\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><h4><span data-contrast=\"auto\">REFIT &amp; MAINTENANCE<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/h4><p><span data-contrast=\"auto\">Superyachts are masterpieces of engineering thought and latest technologies. Brightest minds of the yachting industry work hard to deliver the most secure and reliable vessels for you.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">It does not mean, though, that they will never need maintenance work to keep the systems going. Even the best technical equipment sometimes breaks. Sometimes at a very wrong moment.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Maintenance work can be roughly divided into two types: planned and unplanned.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Planned maintenance is scheduled over the course of a year. Ideally it is completed during low season when the yacht is not in use. <\/span><\/p><p><span data-contrast=\"auto\">The better you understand which maintenance activities need to be done, the better you can\u00a0<\/span><span data-contrast=\"auto\">plan ahead<\/span><span data-contrast=\"auto\">\u00a0and avoid unnecessary costs.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Not so easy with ad-hoc fixes: if something breaks down while yacht is in use, it will probably need to be fixed during a very limited\u00a0<\/span><span data-contrast=\"auto\">period of time<\/span><span data-contrast=\"auto\">\u00a0and cost extra money. <\/span><\/p><p><span data-contrast=\"auto\">Especially so if it happens during a <a href=\"https:\/\/yachtowner.co\/ru\/step-by-step-guide-to-yacht-charter\/\">charter<\/a> with guests onboard. Especially so if your yacht is in a remote location. Often your crew will use specialized services to get spare parts delivered to the boat.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{\">\u00a0<\/span><\/p><h4><span data-contrast=\"auto\">DOCKAGE<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/h4><p><span data-contrast=\"auto\">Docking costs are the next runner in our list of yacht ownership costs. <\/span><\/p><p><span data-contrast=\"auto\">Where will you keep your asset during high and low seasons? <\/span><span data-contrast=\"auto\">Which ports and marinas do you plan to visit? <\/span><\/p><p><span data-contrast=\"auto\">Does the climate in your home marina permit leaving the yacht in water during winter? Or will you prefer to keep it in a dry winter storage under a roof?<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">In many popular yachting locations, marina berths are in high demand. One must often book well in advance to get a berth. <\/span><\/p><p><span data-contrast=\"auto\">During the high season in the Mediterranean, for each yacht docked at a berth, there will be several yachts mooring around the marina. <\/span><\/p><p><span data-contrast=\"auto\">Dockage costs are calculated mostly by size of the yacht and the amount of time it spends at the marina.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{\"> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3489\" src=\"https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/many-superyacht-in-port.jpg\" alt=\"many superyachts in port\" width=\"550\" height=\"365\" srcset=\"https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/many-superyacht-in-port.jpg 1715w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/many-superyacht-in-port-300x199.jpg 300w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/many-superyacht-in-port-1024x680.jpg 1024w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/many-superyacht-in-port-768x510.jpg 768w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/many-superyacht-in-port-1536x1020.jpg 1536w\" sizes=\"(max-width: 550px) 100vw, 550px\" \/><\/span><\/p><h4>\u00a0<\/h4><h4><span data-contrast=\"auto\">YACHT INSURANCE<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/h4><p><span data-contrast=\"auto\">At sea, anything can happen. And you want your yacht to be properly insured. <\/span><\/p><p><span data-contrast=\"auto\">Yacht insurance costs can vary greatly depending on your yacht age and specifications, and the types of risks which are included in the coverage. It is also often a pre-requisite for receiving yacht financing.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{\">\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><h4><span data-contrast=\"auto\">COST OF YACHT FINANCING <\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/h4><p><span data-contrast=\"auto\">Majority of superyachts are financed through specialized loans. Taking out a loan will allow\u00a0<\/span><span data-contrast=\"auto\">you\u00a0 to<\/span><span data-contrast=\"auto\">\u00a0use your free cash to make more profitable investments, while paying lower interest\u00a0<\/span><span data-contrast=\"auto\">rates on<\/span><span data-contrast=\"auto\">\u00a0your yacht loan.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{\">\u00a0<\/span><\/p><h4><span data-contrast=\"auto\">ADMIN &amp; ACCOUNTING<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/h4><p><span data-contrast=\"auto\">To keep your books in order, you might use services of an accountant or get subscription to one of the yacht financial management tools and budgeting software solutions. <\/span><\/p><p><span data-contrast=\"auto\">Many owners delegate yacht accounting to their existing financial department in their family office to keep everything under the same roof. <\/span><\/p><p><span data-contrast=\"auto\">Keeping proper accounting in place will not only help to comply with regulations, but also to keep track of your yacht ownership cost.<\/span><\/p><p><span data-ccp-props=\"{\">\u00a0<\/span><\/p><h4><span data-contrast=\"auto\">YACHT PROVISIONS<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/h4><p><span data-contrast=\"auto\">Our already long list of yacht ownership costs will not be complete without mentioning all the provisioning. <\/span><\/p><p><span data-contrast=\"auto\">Food, drinks, cleaning supplies, fresh flowers,\u00a0<\/span><span data-contrast=\"auto\">water you use in bathrooms and galley,\u00a0<\/span><span data-contrast=\"auto\">any extra equipment you might need for special events on your yacht \u2013 all this needs to be purchased.<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{\">\u00a0<\/span><\/p><h3 style=\"text-align: left;\"><span data-ccp-props=\"{\">\u00a03. COST OF SELLING A YACHT<\/span><\/h3><p><span data-contrast=\"auto\">Apart from purchase and running costs of a superyacht, there are also costs associated to selling a yacht. <\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">To get the best price for your asset, you might want to invest into some repairs and fixes. <\/span><\/p><p><span data-contrast=\"auto\">These can also become requirement from a potential buyer,<\/span><span data-contrast=\"auto\">\u00a0who\u00a0<\/span><span data-contrast=\"auto\">submits a conditional offer<\/span><span data-contrast=\"auto\">\u00a0to pur<\/span><span data-contrast=\"auto\">chase your boat. <\/span><\/p><p><span data-contrast=\"auto\">Read our article\u00a0<\/span><a href=\"https:\/\/yachtowner.co\/ru\/how-to-buy-a-yacht\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"auto\">&#8220;How to Buy a Yacht&#8221;<\/span><\/a><span data-contrast=\"auto\">\u00a0to learn more.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Brokerage commissions and marketing expenses will comprise another chunk of sale expense.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The larger the yacht, the harder it gets to find a suitable buyer. It can last several months or sometimes even years to sell a large yacht. <\/span><\/p><p><span data-contrast=\"auto\">While your yacht is on sale, there are still crew salaries, insurance, and all other operational expenses to pay.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The best way to keep your superyacht ownership costs under control is to forecast them in advance, and to think of exit timeline and options already at the time of purchase.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{\"> <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-3494\" src=\"https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/superyachts-in-sunset.jpg\" alt=\"superyachts in sunset\" width=\"550\" height=\"364\" srcset=\"https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/superyachts-in-sunset.jpg 1971w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/superyachts-in-sunset-300x199.jpg 300w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/superyachts-in-sunset-1024x679.jpg 1024w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/superyachts-in-sunset-768x509.jpg 768w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/07\/superyachts-in-sunset-1536x1018.jpg 1536w\" sizes=\"(max-width: 550px) 100vw, 550px\" \/><\/span><\/p><h3>\u00a0<\/h3><h3 style=\"text-align: left;\"><span data-ccp-props=\"{\">\u00a0<\/span><span data-ccp-props=\"{\">\u00a04. HOW CAN YOU MAKE MONEY ON YOUR YACHT?<\/span><\/h3><p><span data-contrast=\"auto\">You can also make some money on your yacht. To offset part of operational costs, many owners choose to <a href=\"https:\/\/yachtowner.co\/ru\/step-by-step-guide-to-yacht-charter\/\">charter their yacht<\/a> during the times when they do not use the yacht themselves.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">In the old days, purchasing a yacht especially for making money on charter used to be a viable business model. <\/span><\/p><p><span data-contrast=\"auto\">Today, with growing prices and high operational costs, it becomes less common practice. Majority of charter yachts which are out there today are chartered to cover at least part of their costs, not to make profits.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Obviously, some owners decide to keep their boat very private and not to let other people use it. <\/span><\/p><p><span data-contrast=\"auto\">For many owners though, charter is an excellent way to make use of their vessels. Especially\u00a0<\/span><span data-contrast=\"auto\">when<\/span><span data-contrast=\"auto\">\u00a0you know that your crew will keep the boat in perfect condition after charter has ended.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p><span data-ccp-props=\"{\">\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><h2 style=\"text-align: left;\"><span data-contrast=\"auto\">SUMMARY: Yacht Ownership Cost<\/span><\/h2><p><span data-contrast=\"auto\">In this article, we listed costs associated with yacht ownership. We went through the whole list of expenses connected to buying, running, and selling a yacht. <\/span><\/p><p><span data-contrast=\"auto\">The exact amounts vary greatly with size of the yacht, its registration type and your expectations. Cost structure stays similar for every yacht, but also depends on its <a href=\"https:\/\/yachtowner.co\/ru\/yacht-types\/\">size and usage<\/a>.\u00a0<\/span><\/p><p><span data-contrast=\"auto\">The largest amount you will spend is yacht purchase price. Then, during your ownership, you will pay for crew salaries, fuel, maintenance &amp; refit works, dockage, insurance, financing, accounting, food &amp; drinks, to name a few. <\/span><\/p><p><span data-contrast=\"auto\">There will be also some expenses associated with selling your yacht, such as <a href=\"https:\/\/yachtowner.co\/ru\/superyacht-brokers-list\/\">brokerage commission<\/a> and cost of repair. Your captain or manager will help you set up a budget and keep an eye on all upcoming expenses. <\/span><\/p><p><span data-contrast=\"auto\">And remember: what you are really paying for is not gallons of fuel, new pumps or dockage fees, but all the unforgettable memories, unique experiences and simply amazing times with your family and friends.\u00a0<\/span><span data-ccp-props=\"{\">\u00a0<\/span><\/p><p>If you want to discover best places to buy your new yacht, check out <a href=\"https:\/\/yachtowner.co\/ru\/where-to-buy-a-yacht\/\">this article<\/a>.<\/p><p>Drop us an email at <a href=\"mailto:contact@yachtowner.co\">contact@yachtowner.co<\/a> if you want help with your current or future yacht! We will define your needs and find the best solution together!<\/p><p>\u00a0<\/p><p>Article by <strong><a href=\"https:\/\/yachtowner.co\/ru\/about-us\/\">Yachtowner.co<\/a><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6690078 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6690078\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2f10632\" data-id=\"2f10632\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ec39ac2 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href=\"https:\/\/yachtowner.co\/ru\/comprehensive-list-of-superyacht-brands\/\" tabindex=\"-1\" target=\"_blank\"><div class=\"elementor-post__thumbnail\"><img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"300\" src=\"https:\/\/yachtowner.co\/wp-content\/uploads\/2021\/01\/Moonrise-superyacht-scaled-e1650030430237-200x300.jpg\" class=\"attachment-medium size-medium wp-image-1192\" alt=\"Moonrise superyacht\" srcset=\"https:\/\/yachtowner.co\/wp-content\/uploads\/2021\/01\/Moonrise-superyacht-scaled-e1650030430237-200x300.jpg 200w, https:\/\/yachtowner.co\/wp-content\/uploads\/2021\/01\/Moonrise-superyacht-scaled-e1650030430237-683x1024.jpg 683w, https:\/\/yachtowner.co\/wp-content\/uploads\/2021\/01\/Moonrise-superyacht-scaled-e1650030430237-768x1152.jpg 768w, https:\/\/yachtowner.co\/wp-content\/uploads\/2021\/01\/Moonrise-superyacht-scaled-e1650030430237-1024x1536.jpg 1024w, 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decoding=\"async\" width=\"300\" height=\"200\" src=\"https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/06\/How_to_buy_a_yacht-300x200.jpg\" class=\"attachment-medium size-medium wp-image-3159\" alt=\"How_to_buy_a_yacht\" srcset=\"https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/06\/How_to_buy_a_yacht-300x200.jpg 300w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/06\/How_to_buy_a_yacht-1024x682.jpg 1024w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/06\/How_to_buy_a_yacht-768x512.jpg 768w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/06\/How_to_buy_a_yacht-1536x1024.jpg 1536w, https:\/\/yachtowner.co\/wp-content\/uploads\/2022\/06\/How_to_buy_a_yacht.jpg 2000w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/div><\/a>\n\t\t\t\t<div class=\"elementor-post__text\">\n\t\t\t\t<h3 class=\"elementor-post__title\">\n\t\t\t<a href=\"https:\/\/yachtowner.co\/ru\/how-to-buy-a-yacht\/\" target=\"&quot;_blank&quot;\">\n\t\t\t\tHow to Buy a Yacht\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\n\t\t<a class=\"elementor-post__read-more\" href=\"https:\/\/yachtowner.co\/ru\/how-to-buy-a-yacht\/\" aria-label=\"Read more about How to Buy a Yacht\" tabindex=\"-1\" target=\"_blank\">\n\t\t\tRead More \u00bb\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Yacht Ownership Cost Share on facebook Share on twitter Share on linkedin Share on email Costs of Owning a Yacht<\/p>","protected":false},"author":1,"featured_media":1222,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"class_list":["post-862","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Yacht Ownership Cost - YachtOwner.co<\/title>\n<meta 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