Are you thinking of chartering a boat for your next trip? It’s easy to get caught up in crafting your itinerary and packing list, but figuring out the average cost to charter a yacht should be high on your priority list.
At Sailyachts.com, we know how confusing it can be to understand the charter rates for superyachts, monohulls, and other vessels. To give you a clearer indication of what costs you’re likely to incur, we’ve created this guide to all the must-know boating chartering fees.
Factors Affecting the Cost of Chartering a Boat
The cost of chartering a boat varies wildly, and a whole host of factors can impact the price you’ll pay, from the type of boat to the time of year. For example, in the busy summer period, super yacht charter costs will be noticeably higher than if you rented a smaller vessel like a monohull in the off-season.
Type of Boat
- Sailboats: Sailboats are among the most inexpensive options at Sailyachts.com. They typically accommodate up to ten guests within several cabins.
- Catamarans: For a more luxurious experience, opt for a catamaran. Like many of our sailboats, catamarans sleep around ten guests but boast much more space and stability.
- Monohulls: Monohulls tend to be smaller than catamarans and are, therefore, a more economical option. Our Sailyachts.com monohulls have two to three cabins.
- Gulets: These old-school wooden boats offer plenty of indoor and outdoor space, and many can hold more than 12 guests.
Size of the Boat
As you might expect, larger vessels are, for the most part, more expensive than their smaller counterparts. Bigger boats offer extra space, but this comes at an additional cost. You’ll also find that mooring and docking fees are often based on the size of the boat, meaning more sizable vessels will rack up higher costs whenever you stop. Moreover, the bulkier the boat, the more fuel it will use.
Location and Destination
Where you choose to embark on your sailing excursion will play a huge role in determining how much you’ll pay. The Caribbean and Mediterranean are among the most sought-after sailing destinations in the world, which can drive up the prices due to increased demand. Conversely, competition is high in these areas, which can also curb costs compared to less-visited locations.
Aside from the boat and chartering fees, you’ll need to keep local taxes in mind, which vary from place to place. Italy, Spain, and France all charge 20% or more in VAT, while the likes of Turkey and Montenegro are tax-free for charters.
Duration of the Charter
The duration of the charter will affect the total price. Unsurprisingly, the longer your charter is, the more costly it’ll be. Unlike hotel stays, getting discounted daily fees for extended charters isn’t standard. As such, a two-week charter will be twice as much as a week-long expedition.
Time of Year
The average cost to charter a yacht can vary greatly depending on the time of year. Much like most tourist-related costs, yacht chartering during the peak travel seasons is substantially more expensive than in the off-season. This is primarily due to the increased demand for boats.
Of course, the busier months bring better weather and more favorable sailing conditions compared to the chillier and more unsettled low season. As a result, you’ll need to weigh up your budget against your preferences.
Types of Yacht Charters
- Bareboat: If you or anyone in your party has a valid sailing license, you can avail of a bareboat charter. This is the most budget-friendly charter we offer at Sailyachts.com, with prices starting from €3500 per week, and it means you’ll take to the seas without a skipper or crew.
- Skippered: With a skippered charter, you’ll have a chance to kick back and relax while your captain takes the lead. Anyone traveling without a licensed sailor in their group must, at the very least, opt for a skippered charter, which costs €220 on top of the bareboat fee.
- Crewed: Travel in comfort with one of our crewed charters. With this option, you’ll cruise through the open water with a captain and a seasoned team of professionals, including cooks and deckhands. Each day, it costs €170 per crew member.
How Much Does It Cost to Charter a Boat?
On average, the weekly cost of chartering a boat ranges from €3,500 for bareboat charters to well above €10,000 for skippered and crewed alternatives. To travel with a Sailyachts.com captain, you’ll need to pay an extra €220 per day, while each additional crew member costs €170 a day. These costs pertain to the chartering fees and don’t include the boat and other associated costs.
How Much Does It Cost to Charter a Yacht for a Week?
How much it is to charter a yacht for a week depends on the boat type you choose. On average, for a week-long charter, a sailboat typically costs €2,000, a monohull ranges from €1,000 to €3,500, a catamaran can be between €2,500 and €10,000, and a gulet will come in at about € (no information provided on gulet prices). It’s important to note that the final price may be higher, as these are average rates.
How Much Does It Cost to Charter a Luxury Yacht for a Week?
Unfortunately, there’s no short answer to the question, “How much does it cost to rent a luxury yacht for a week?” All of our vessels at Sailyachts.com are of high quality, but one of our most luxurious options is our crewed catamarans.
These upscale boats can start at €6,000 for the charter and rental fee combined, plus an extra €220 daily for the captain and €170 per day for every crew member. Based on these prices, a catamaran charter with six crew members and a captain during the quieter months will be a little less than €15,000 a week, on average. This amount can be considerably higher if you decide to set sail in the high season or with more crew members.
Final Words About the Cost of Chartering a Boat
Numerous variables can affect the monohull, catamaran, and superyacht charter costs, meaning the final price can differ from person to person. If you’d like to get an idea of the expected rate based on your specific requirements, reach out to a member of the Sailyachts.com crew today. You can contact us via email, over the phone, or using our online query form, and we’ll give you all the need-to-know details to start the planning process!
