Owners are likely to spend at least 10 of the purchase price on the yearly cost of operating their yacht so where does all the money.

Superyacht running costs. Initial Cost Of A Superyacht. Owning a super yacht is obviously an expensive hobby. The price of annual inspections also needs to be taken into account with more detailed surveys required every 25 and five years.

Transcript - cost of maintaining a super yacht Cost of maintaining a super yacht. If you have to ask then you cannot afford it. A 130-foot boat with five crew members can cost 32500.

He estimates that a 150-foot superyacht will cost around 2 million a year or roughly 200000 a week to run. 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. When it comes to enquiring about the running costs involved in keeping and maintaining a superyacht there are two standard answers.

He estimates that a 150-foot superyacht will cost around 2 million a year or roughly 200000 a week to run. Super-yacht prices range from around 35 million for a 30-meter boat to more than 135. The hidden costs of owning a superyacht.

If they find a problem the repairs can be a multiplier on that. The sea still remains a prime spot allowing its explorers exclusive time off in the private surrounds of a super yacht but owning a super yacht means not only initial capital outlay often into tens and sometimes hundreds of millions but also annual running costs that stretch well into seven figures. Costs associated with the vessel insurance maintenance etc 340000 Costs associated with the crew salaries travel recruitment insurance etc 520000 Costs associated with the port berthing electricity agents etc 300000.

So where is all the money going. It costs 10 the cost of the yachts. The combined retail value of superyachts sold last year was 26 billion euros 29 billion a 21 percent increase from 2016 according to the Superyacht Intelligence Agency.