How much does it cost to charter a boat in the Virgin Islands?
Most of our clients at Ocean Getaways Yacht Charters who cast off on an all-inclusive BVI crewed yacht charter spend between $400 and $700 pp/day. Some pay over $1,000 or more pp/day. Below are the average prices of a private charter in the Bahamas by boat type. Sailboat: Set sail in style for just $790 per day. Motorboat: Enjoy a smooth ride on the waves for $2,630 per day. Yacht: Sail like a VIP on a yacht for $6,110 per day or $42,770 per week.If the yacht has a celebrity owner, well that too, can add to the cost. Therefore, yacht charters have a wide range of base prices. That’s why charters can cost from $10,000 per week on smaller sailing yachts and catamarans, up to $150,000+ per week on the most luxurious motor superyachts.For motor yacht rentals in the Mediterranean, prices can range from $31,541 to $1. For luxury sailing yacht rentals in the Mediterranean, prices can go from $20,491 to $532,784 weekly, plus expenses.
What is the 10% rule for yachts?
The “10% rule” is a common guideline that suggests you budget around 10% of your yacht’s purchase price per year for running costs and maintenance . In plain english: a yacht that cost $500,000 might cost roughly $50,000 each year to own and operate. How much does a 100-foot yacht cost per year? You should expect to pay about 20% or more of the original price of your boat to run it annually. So, for a $10 million yacht, the cost to operate will be about $2 million per year, including fuel, insurance, dock fees, maintenance and repairs, crew, etc.