Initial Cost Of A Superyacht.

How much does a mega yacht cost. At what point in length is a boat considered a yacht and a yacht considered a mega-yacht. They start around 300000 for smaller 40-foot models and can go as high as several hundred million dollars for the biggest superyachts. The price climbs exponentially for yachts that exceed 100 feet.

How much does it cost to make a 50m yacht. Chelsea owner Roman Abramovichs Eclipse is a 533-foot monster that cost the billionaire 500 million while America business mastermind David Geffen spent a cool 200 million on his 454-foot superyacht. The vast majority are motor yachts with sailing yachts counting for less than 20 of the total.

New 350 to 450-foot megayachts like the Rising Sun Luna Pelorus Radiant a nd Microsoft co-founder Paul Allens Octopus cost 3 to 5 times more between 200 million to 300 million. The cost of a superyacht varies depending on the size and technology it comes with. The maritime equivalent to jet-setters circle the globe on mega yachts the price tags of which can easily equal the yearly-budgets for a small nation.

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 shouldnt rely upon it. According to sales data the average price for a yacht is 84 million. If youre interested in chartering one of these mega yachts expect to have at least 140000 on hand for the weeklong venture.

You can pretty well estimate that for a later model boat of this size in the Florida market your general costs are going to. The cost of ownership for a 60-foot 1 million yacht is going to be about 10 of its value or 100000 per year said Peter Schmidt Founder of United Yacht Sales. This amount is based on her gross tonnage 15917t and a value of US 65000 per ton.

Zeus Larry Ellisons former Katana is in this range. If you havent chartered a mega yacht before you might wonder what could be the cost of renting such an opulent vessel for a week. Therefore a 50 million yacht is likely to cost around 5 million a year to run and maintain.