Even for wealthy yacht owners these huge fixed costs can put a dent in the bank account.

Luxury yacht operating cost. 161 04 2012 Acico Nassima Price. Other 100 Feet Yachts Price Examples. A 205-foot yacht with a 35 million annual operating budget can charge 425000 a week.

The vast majority are motor yachts with sailing yachts counting for less than 20 of the total. The Luxury Yacht Management team specializes in providing practical yacht management solutions that maximize the opportunities for guest enjoyment with an acute eye on operating costs. A 70 foot boat will use at cruising speed somewhere between 100 and 300 litres per hour so you can ride your boat for about 33 hours.

The worlds largest private vessel Khalifa bin Zayed Al Nahyans 180m 590 feet Azzam cost 600 million to build when it was delivered in 2013. Use this Calculator to figure out yearly costs of ownership. A Senior Master captain 10 years of experience can expect to make between 96000 and 240000 per year for ships between 120 and 200 feet long.

Using the same example of a 60-foot cruising yacht the cost of storage is approximately 2650 per month or 44 per foot plus utilities. Superyachts fall under the category of luxury yachts. The reports finds that on average a 100-meter superyacht with a top speed of 25 knots and 50 crew members should cost around 275 million.

At the low end of that range thats 800 per foot. The 2019 model costs 20189000. Luxury Yacht Operating Costs.

Obviously the costs of owning a superyacht vary widely on the choices you make but one think is sure you can significantly offset the costs by. Annual operating costs of such a yacht would be near 2 million per year which equates to nearly 6 and a half weeks of charter. About 5 of the worlds ultra-high-net-worth individuals own a yacht.