Charters

APA – The Advance Provisioning Allowance is a sum the charter guests will pay to the yacht in addition to their base charter fee. This is typically 25 – 35% of the charter fee and will cover expenses such as food and beverages, fuel and marina fees. The unspent part of the charter APA is later returned to you or it can go towards (part of) the crew gratuity.

The world is your oyster! You can charter as long as you’d like. While the typical charter period is one week (7 nights), 2 weeks, or even a month, shorter charters are definitely possible. Just keep in mind that they may come with a “short charter penalty.” To estimate the cost, you can divide the weekly rate by 6 and then multiply by the number of nights you’d like to charter.

The charter fee doesn’t include alcohol, food, fuel or berthing. These elements are provided through the Advanced Provisioning Allowance (APA), which is equivalent to around 25-35% of the value of the charter. The unspent part of the charter APA is later returned to the charterer.

In Europe, VAT rates on yacht charters vary across countries. In Dubai rate is 5%, France the standard rate is 20%, Italy charges 22% VAT. Spain applies a full 21% VAT with no reductions, while in Greece, the rate is 24%, though it can be reduced to 12% for charters leaving Greek territorial waters for more than 24 hours. Croatia has a 13% VAT, and Malta charges 18%, with reductions potentially lowering the effective rate to 5.4% for charters outside the EU. Cyprus imposes 19% VAT, which may be reduced to around 9% if time is spent outside EU waters. If you want to save some money go to Montenegro! There is no VAT applicable in Montenegro.

24–40 meters: you have to think around 3 to 28 Million USD depending on size, builder and age of the yacht.

41–65 meters: you can go as crazy as up to 70 Million USD.

65+ meters: here anything is possible, from 30 to 300 Million USD or even more, based on your desires.

Yes, chartering out your yacht can be profitable, but it shouldn’t be the primary reason for purchasing a superyacht. From experience, chartering can help cover the running costs and, in some cases, generate a profit. To achieve this, Yacths28 brings extensive industry knowledge and access to a leading platform where all charter requests are handled. In addition, Yachts28 reaches over 10 million people monthly, supported by an experienced management team dedicated to maximizing the potential of your yacht.

Billionaires are increasingly turning to superyachts as a way to secure more than just luxury—they seek unparalleled space, exclusivity, and unique experiences. We’ve seen a sharp rise in demand for 100-meter-plus yachts, as traditional yachts that accommodate up to 12 guests fall short for these high-net-worth individuals. They often travel with large entourages of family, friends, and business associates, requiring the expansive space and top-tier amenities that only the biggest vessels can provide.

Additionally, their travel preferences are shifting. While destinations like the South of France and Mykonos remain popular, there’s a growing trend towards more remote and off-the-beaten-path locations. Billionaires are increasingly seeking out once-in-a-lifetime experiences—exploring secluded bays in Southeast Asia, admiring the rugged landscapes of Patagonia, or cruising the untouched coastlines of hidden Mediterranean islands. It’s not just about luxury anymore; it’s about adventure, exclusivity, and having something that feels truly their own.

In conclusion, the difference between yachts, superyachts, and megayachts is primarily based on size. A yacht typically measures up to 24 meters, while a superyacht exceeds 24 meters. Mega Yachts are even larger, often starting at around 100 meters or more.

While many superyachts are capable of crossing the ocean, not all vessels are specifically designed or equipped for such journeys. The distance for an ocean crossing is typically around 3,000 nautical miles. Yachts that lack this range often have alternative shipping options, including transport on a cargo vessel or large container ship.

Utilizing these shipping methods ensures that smaller yachts can be efficiently and safely relocated across vast distances while minimizing wear and tear including engine hours on the vessel.