How much does a 50-120 foot yacht cost? There’s quite a difference between yachts in that range, and of course, you have the option of buying used. A used yacht is still going to be luxurious. To help put things into perspective and make the prices seem lower, allow me to introduce to you the world’s largest yacht, called Azzam, and he is 590 feet long. Do you know how much he cost his owner?
The cost was $600m. Now looking at 50-120 foot yachts is going to seem a little more reasonable. You can buy a used or smaller yacht for as little as $1.5m. But let’s just say the average price is around $8.4m. In this case, you are looking for a vessel that is at least 50 feet long. I mention that because most yacht owners have a vessel that is about half that size.
At the same time, you are looking at possibly more than double the size of the yacht you plan to buy, considering you are looking at vessels that are up to 120 feet in length. And of course, there are the maintenance costs. Let’s say you purchase a yacht that costs you $10m. Experts say that you’re going to spend on average about $1m a year in maintenance costs.
As you can see, yachts are expensive to maintain. But that’s the cost of ownership, and you’re going to be able to take all kinds of sailing trips. Invite family and friends, throw holiday parties and have a grand time. For a 50 foot yacht, I wouldn’t expect to pay less than $10m. And you already know the prices can skyrocket from there, so keep that figure in mind for your bottom line. It’s time to search the listings to see what you find.
Nevertheless, when purchasing a yacht you always have the option to rent it out and make back someone of your money. Depending on how often you plan to use it, the yacht can be rented out a great percentage of the time. Most yacht owners don’t use it every week, and even if they do it still leaves them a lot of time to make some money with it. If you don’t mind your yacht being recognized in the Miami yacht rental scene and hosting parties every weekend, yacht rental companies like RNR Yacht Rentals are always looking for owners who want to rent out their boat year-round. Depending on where you live and where your yacht is docked will be the determining factors in how often you’ll be able to rent it.
If you’re chartering a yacht with your family, you can expect to have a wonderful time. Being on a boat with your family members is a fantastic way to make some cherished memories. Of course, you’ll want to make sure that you plan for the trip. These are some of the things you’ll want to bring with you.
While it’s likely that your yacht charter will provide both snacks and beverages, it can’t hurt to have some bottled water on hand. It’s important to avoid dehydration when you’re spending time in the sunlight. If you have your own bottle of water with you, you’ll be able to grab a drink at any time.
Being on the water makes it easier to get a sunburn. That’s why it’s crucial to apply sunscreen before you head out on your boat. You’ll also want to bring additional sunscreen so that you can reapply it over the course of the day.
Sunglasses And A Hat
In addition to protecting your skin with sunscreen, you’ll want to give yourself some extra protection from the sun’s rays by bringing sunglasses and a hat. Make sure that every member of your family has what they need to enjoy themselves in the sun!
It can be a lot of fun to look out on the water with a pair of binoculars. You might be surprised by some of the things you can spot from a distance! A pair of binoculars is easy to pack and can provide a lot of entertainment.
As long as you plan things out ahead of time and pack everything you need, you can expect to have a fantastic time on the yacht you’ve chartered. Start thinking about what you want to pack now so that you can make your family yacht charter day a day to remember.
Do you know why you should have your yacht detailed on a regular basis? If not, this content will answer that question, because there are multiple reasons why you should do it.
First off, though, it helps to know what detailing actually is. Many yacht owners might have heard the term but don’t quite know exactly what it is. It’s sometimes used interchangeably for washing something, but that’s not accurate, as they’re not synonyms. Detailing is a meticulous process where someone goes through your yacht step by step, doing a thorough cleaning and then reconditioning of both the exterior and interior of your yacht.
The primary purpose behind doing all of this is to restore the beauty and aesthetics of your yacht. It also helps you to preserve the value of your investment.
In terms of the exterior, the primary thing you’re looking for is giving your yacht protection from the elements. Even when just docked at a marina, your yacht still sits in the water and is exposed to saltwater and UV rays on a daily basis. The saltwater is still there at night, and even weather in the dark can wear down a hull and deck over time.
Detailing happens inside too, as signs of poor condition or age inside the yacht are addressed, from cleaning to crevices and cracks. This makes the yacht a nicer place to be, and also much easier to sell if you ever choose to do so.
There are no set industry guidelines in terms of what must happen in the detailing process, so if you choose to contract the services out, you’ll find a variety of sets of work as well as the accompanying prices. Of course, detailing is also something you can make a DIY project if you so choose to do.
Do you have a yacht or want to rent/buy one? We are here to provide you with all your yacht needs from detailing, coat repairs, boat cleaning, yacht sales and yacht rentals. Nothing is out of our comfort zone or level of experience when it comes to yachts! Thanks for stoppin’ by