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Some yachts give generous vacation time and pay very well, others pay poorly and give very little time off. We earn a very good base salary each month and have the bonus of each getting a $500 charter incentive for every charter we do. We usually do around 2 charters a month.
This depends on what type of vessel you're looking at and how long you'll need it for. The average weekly cost of a 100-foot sailing yacht is between $50,000-100,000. A weekly 80-foot catamaran charter runs around $40,000-100,000, and a week-long 100-foot motor yacht rental is anywhere between $50,000-80,000.
”Nobody buys a boat to make a profit, chartering just offsets the costs.” It's very improbable that any charter super yacht will turn a profit. The vast majority, 90 95% of super yachts that charter, do not earn a profit, what they earn is money to offset expenses.
Below Deck Sailing Yacht will introduce Parsifal III. The 177-foot yacht sleeps 12 guests at a time and typically has a nine-member crew, according to Yacht Charter Fleet. To charter the yacht, prices start at $195,000 for a week. During high season, though, a week on the yacht is expected to cost around $225,000.
So just how much does a super yacht cost? The reports find that on average, a 100-meter super yacht with a top speed of 25 knots and 50 crew members should cost around $275 million. Considering the 30 largest super yachts are all longer than 100 meters, they can often cost significantly more.
Get a captain's license and run charters. Consider peer-to-peer rentals. Become a waterborne peddler. Run eco-tours. Become a boating writer.
Unless you are running a business financing, operating and/or renting out yachts, a yacht is not an investment but an asset. Moreover, it is a depreciating asset that comes stapled with significant operating costs.
Owning a yacht, and spending a lot of time on it, should be something you really want to do. Keep in mind that you can expect to spend at least 10% of the cost of your boat on upkeep and maintenance every year. However, we are often still asked about the investment potential of buying a motor yacht.
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