valor yacht charter cost

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5 Things About VALOR Superyacht (Price, Location, Owner)

The motor yacht ‘BG’ (formerly known as Valor), measuring 46.9 meters (153 feet 10 inches), was crafted by Feadship in the Netherlands, specifically at their Aalsmeer shipyard. Its interior, fashioned by McMillen Design, exudes sophistication and was finalized in 1990. De Voogt’s masterful exterior design graces this opulent vessel, which underwent its latest refit in 2021.

Valor superyacht in Below Deck Netflix

This Feadship yacht, measuring 46.88 meters, has graced the screens in seasons four, five, and seven of Below Deck . Captured against the picturesque backdrops of the US Virgin Islands, Saint Martin, and Thailand, this vessel, known as Valor on the show, bears the true name BG.

Read also: MY SEANA : THE STAR SUPERYACHT FEATURED IN BELOW DECK

Who owns the superyacht Valor 

She’s affectionately known as BG and belongs to Canadian entrepreneur Bobby Genovese . BG underwent a comprehensive, multi-million dollar refit in 2021, with Genovese expressing that “every possible improvement has been made,” ranging from technological advancements and new amenities to a pristine coat of paint on her hull. Genovese fondly remarks, “I adore that vessel, and the more vessels I visit, the more I appreciate mine.”

Where is located Valor Superyacht 

Find here the current location of the superyacht.

What’s the value of Valor Superyacht

BG is appraised at $15 million , with yearly operational expenses averaging about $2 million. Like all opulent vessels, the yacht’s valuation is subject to variation depending on factors such as dimensions, age, level of luxury, and the materials and technology employed in its crafting.

Nearly 11 crew members onboard

BG has been meticulously designed to provide comfort for up to 12 guests, featuring 6 suites, including a VIP cabin and two cabins that offer flexible configurations as twins or doubles. Alongside, it can host up to 10 crew members, ensuring a serene and opulent yacht journey.

Originally crafted in 1990 to the visionary design of Frits De Voogt, BG offers accommodation for 12 guests and 11 crew members. Noteworthy features onboard include a deck hot tub, a fully-equipped gym, and ample al fresco dining spaces. Furthermore, it boasts an impressive array of water toys ranging from Jet Skis and wakeboards to a climbing wall and an inflatable slide.

How much does it cost the superyacht Valor 

Charter cost: BG is not open for private charters.

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BELOW DECK SERIES YACHTS: Season 4,5 and 7 luxury yacht BG a.k.a. ‘VALOR’

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Written by Rachael Steele

Luxury yacht BG , known as VALOR on the Below Deck Series , might be the most recognisable vessel from the Below Deck series as she featured in not one but three series. Memorable moments onboard include a salad ‘nightmare’, a back waxing and a medical scare to go along with plenty of partying on board.  Motor yacht BG was built by renowned Dutch shipyard Feadship in 1990, and of course, received an extensive refit in 2015 before filming took place on board from 2016 onwards. Today, charter guests can expect the same gorgeous interiors, lavish outdoor areas and an impressive selection of water toys.

Yacht BG by Feadship with watertoys

The Interiors

The camera-ready interiors from Taylor Hannah Architect are glamorous and easy-going at the same time, using a monochrome palette for a clean environment where the sense of light and space is emphasised. The formal dining area immediately draws in the with its glass chandelier and 120 bottle wine cellar creating ambient surroundings along with the rosewood table.

The main salon has plenty of plush seating along the port side for the whole group to gather for conversation and an aperitif before a meal, with a top-quality 47″ TV to entertain little ones while the expert chef prepares dinner. For top-notch entertainment, the sky lounge has a relaxed cinema setup with a wall-mounted 75″ widescreen TV and two L-shaped sofas for cosy group gatherings with friends and family.

Spacious and inviting saloon

The Exteriors

Life on the water is all about connecting with the sea and the surroundings, and luxury yacht BG gives guests plenty of reason to leave behind the air-conditioned salons for the outdoor life.

The main deck aft is a convenient space to rest in the shade with quick access to the tender and water toys the moment they are ready.

The upper deck aft is the main outdoor living area and will see much use throughout the charter thanks to its large alfresco dining table and abundance of seating and sun loungers. The area can be shaded for all-day outdoor use and is the perfect place to return to and nap after taking the water slide or the climbing wall over the edge. Side walkways will take guests around to the Portuguese deck in front of the bridge, where there is a row of sunbeds with panoramic views.

Guests looking for the Jacuzzi will find it on the sundeck aft, a tranquil environment compared to the social hub below. The sunbeds forward allow guests to rest together in privacy, with sweeping views of the surrounding scenery.

Master Suite

The Accommodation

The crisp and cool accommodation sleeps a total of 12 guests across 6 en-suite cabins: 1 Master suite, 1 VIP stateroom, 2 double cabins and 2 twin cabins convertible to doubles.

The main deck master suite is a treat for the main charter guests and is ideal for honeymooners who relish their privacy: In addition to a king-sized bed, there is a plush sofa, TV entertainment, a desk/vanity to get ready for the next glamorous occasion, a walk-in wardrobe and an en-suite bathroom with a bathtub and two-person shower.

The VIP stateroom is adjacent to the Master suite and boasts its own king-sized bed, TV entertainment and armchairs to rest weary feet in complete comfort.

The rest of the guest cabins are placed on the lower deck, and two can be converted from doubles to twins to accommodate any children in the group.

The Water Toys

Superyacht BG has a large selection of water toys on board to suit adrenaline seekers and loungers alike, and the collection includes:

• 2 x 2-seater Yamaha jet skis
• 4 x Seabobs
• 2 x 2-seater kayaks
• 2 x paddleboards
• 1 x wakeboard
• 1 x kneeboard
• a water slide
• snorkelling equipment
• an inflatable climbing wall

There is also a gym for guests to maintain a workout while cruising and wear off excess energy before a comfortable night’s rest.

VIEW PHOTOS & MORE INFO ABOUT BG

Please contact CharterWorld - the luxury yacht charter specialist - for more on superyacht news item "BELOW DECK SERIES YACHTS: Season 4,5 and 7 luxury yacht BG a.k.a. ‘VALOR’".

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The Luxury Of 'Below Deck's New Yacht Is Costly

Another season of Below Deck , another opportunity to imagine what it would be like to have a yacht of your very own. This season's ship may be the most luxurious yet, so out of curiosity, how much would it cost to buy Valor? Buying a yacht of any size, shape, type, or quality is probably out of range for most people — let alone one like Valor, but hey, it's always fun to imagine, right? Saving up in order to buy a superyacht may be an unattainable goal, but it's pretty harmless, like hoping to be on the shortlist for Fashion Week invitations or dreaming of owning a professional basketball team. Or, maybe it's not a goal and you just love finding out how much stuff costs. Either way, because yachts seem to frequently change hands, there is some reliable information out there about how much the Valor costs.

The yacht can be booked through Burgess Yachts, and according to company, the asking price for the BG/Valor is $11,990,000. Now that's fun and reasonable: just $12 million for your very own boat/TV filming location! While the price is certainly out of reach for just about everyone who's not a celebrity/bajillionaire, the price can be justified by the 154-foot Valor's many luxurious features.

Of all the superyacht guides, your go-to should be YachtCharterFleet, which always features a deep-dive on the Below Deck yachts before each season starts. According to its article about the history of the "Valor," the boat's real name is BG, and it hails from the Netherlands, so it has a Northern European flair, though it will be right at home around the British Virgin Isles during the filming of Below Deck Season 4. It is referred to as "the yachting equivalent of a Rolls Royce," which to me suggests that if James Bond owned a yacht, it would be this one.

And whether the owner of the yacht is a British superspy or not, they'll be amazed to see the ship's amenities. According to Burgess, there are six cabins that can accommodate up to a dozen guests, and, of course, there's room for a crew to take care of your every need. Other features of the ship, according to Burgess?

"The unique dining salon has a patina and rosewood table, featuring a spectacular custom-built wine wardrobe displaying 120 bottles. The bridge deck aft boasts a phenomenal exterior dining and entertaining area with projector screen. A stylish jacuzzi area and large sun pad area provides panoramic views from the sun deck."

The Valor/BG was recently renovated by designer Dee Dee Taylor Eustace, which, according to YCW, was a big deal. Because of that makeover, the Valor looks a little different than some of the other boats that have hosted Below Deck seasons. It's very modern, and more inspired by minimalism than it its by old-world Mediterranean luxury. Think lots of white linens as opposed to polished gold finishes. It should still be a big chore for the crew to clean up, but it might suggest that this season will draw new kinds of guests. Of course, there's always going to be one big similarity between all of the Below Deck charter guests, which holds true for anyone who owns a superyacht — you'll need a lot of cash to set sail.

Image: Virginia Sherwood/Bravo

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Who Pays for the Below Deck Yacht? We Finally Have the Answer

The memories may be priceless, but the charters aren't.

A vacation doesn't get more luxurious than the getaways we see on Below Deck , Below Deck Mediterranean , and Below Deck Sailing Yacht . These vessels cruise around the most breathtaking locations in the world, letting the guests experience everything the diverse cultures have to offer, all while the crew fulfills their every wish and whim.

How to Watch

Watch  Below Deck  on  Peacock  and the Bravo App .

This kind of luxury definitely doesn't look cheap — and it isn't, with the charter guests paying for everything, including that stack of cash they hand over to the captain to tip the crew, as Mark Cronin, who has been an executive producer on every season of Below Deck , Below Deck Med , and Below Deck Sailing Yacht confirmed to The Daily Dish during an interview last month. “They spend their real money to be on the show," he explained. "And then the tip they leave, they decide what it is."

Below Deck Producers Spill Behind-the-Scenes Secrets

It sounds like chartering the Below Deck yacht has been totally worth it for the charter guests who have appeared on the show, according to Courtland Cox, who has also served as executive producer on every season of Below Deck and Below Deck Med .

“They’re not people that are coming on because they feel like this is a good chance for them to get on TV. This is a great experience for them to charter a very large yacht with a very experienced and fun crew and have an amazing three-day charter in an amazing location,” he told The Daily Dish last month. “I want them to enjoy their charter and not be afraid to ask for things if they want. And I think that at the end of their charters, like, every charter guest we’ve had has said this has been an amazing experience.”

Watch the Valor crew dish on some of this season's most memorable charter guests in the Below Deck Season 7 After Show , above. 

Go behind the scenes of the Below Deck Season 7 reunion , below.

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'BG' feadship Superyacht

This 33-year-old superyacht ‘BG’ comes from the world-renowned Dutch shipyard Feadship and features their classic exterior lines. She was built back in 1990 at their De Vries shipyard in the Netherlands and has since undergone refits in 2015 and 2022. She has a length of 46.9m, a beam of 8.8m and she sits in the water with a 2.9m draft.  

This world cruiser has a steel mono hull, topped by an aluminium superstructure. Her design and naval architecture is the work of award-winning Frits De Voogt. With a gross tonnage of 515, she is propelled through the water by her twin CAT 3508 DITA diesel engines (905 hp each) at a top speed of 15 knots. When cruising at 12 knots she has a max range of 5000 nautical miles with a fuel capacity of 69,800 litres. 

Her interior design was the work of New York based McMillen Design, and her later reconfiguration is courtesy of Toronto based Dee Dee Taylor Eustace, founder of Taylor Hannah Architect Inc. She features high-end finishes in dark woods contrasted against refreshing bright whites, creating a beach house vibe that’s straight out of the Hamptons.  

BG can accommodate 12 guests in 6 spacious luxury cabins. The Master cabin and VIP cabin are full beam and are situated on the main deck. The 4 guest cabins are situated on the lower deck. All cabins have en suite bathrooms. She also has accommodation for 11 experienced crew members. 

In amongst the meticulous craftsmanship, notable state-of-the-art amenities include an outdoor deck jacuzzi, a gym, outdoor projector screen, a hydraulic swim platform, plus an exquisite wine cellar in the salon containing 120 bottles.  

    BG boasts a plethora of water toys to entertain guests of all ages. She offers 2x Yamaha jet skis, waterskis, inflatable climbing wall and waterslides, paddleboards, kneeboards and wakeboards, kayaks, snorkelling equipment, plus 4x F5 seabobs. She also has 2 tenders on board; a 9.8m Intrepid Tender and a 5.5m Novurania Tender. 

BG was previously named Charade. She is Feadship’s 110th-largest yacht, and she is the 1181st-largest yacht in the world. In 2016 she was a finalist in The World Superyacht Awards for ‘best refitted/rebuilt yacht’. Not only that, but she is a TV star after appearing in several seasons of Below Deck where she was named Valor for the show. 

BG stands for the owner's initials; Bobby Genovese, a Canadian self-made businessman. The entrepreneur is the founder of BG Capital Management Corporation, BG Signature, and BG Capital Group Ltd. Back in 2014, the motor yacht was purchased for 11,990,000 USD. Then in 2022, the motor yacht was for sale with an asking price of 16,900,000 USD. She has since arrived at the prestigious marina at Sentosa Cove, Singapore, where she moors outside the distinguished ONE°15 yacht club. 

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How Much Does it Cost to Charter a Below Deck Yacht?

Ever since its debut in the summer of 2013, the ‘ Below Deck ‘ franchise has been following the experiences of crew members who live and work aboard luxurious vessels as it sails through beautiful locations across the world. From navigating their roles and interpersonal relationships to meeting every demand of their seemingly overbearing guests, they essentially have to do it all. However, let’s be honest, as onlookers, we do cut the patrons some slack considering the evident, exuberant amounts of money they spend on a vacation. So now, let’s find out the actual cost, shall we?

When you charter a vessel from the list of ‘Below Deck’ superyachts, you can expect 150+ feet of deluxe comfort, including a personalized itinerary, suitcase management, water activities, and turn-down services, amongst much more. You can even request off-boat excursions — planned and executed by the vessel’s crew members —  to ensure that you get everything in one place without any serious efforts for complete relaxation. Though, of course, with that, you have to pay the appropriate compensation, which racks up to a minimum of $140,000 (plus expenses) for a weeklong venture.

Starting from season 1’s Honor yacht (now renamed to BARENTS), after a major refit from its new owner, a weeklong charter in this 164-foot boat begins from $175,000. Then, standing at a stunning 154 foot, season 2’s Ohana (actual name RHINO) only goes for around $140,000 per week. Season 3’s Eros (known as STAY SALTY) is unavailable for private yacht charters right now, but seasons 4, 5, and 7’s Valor (or BG) is available for the price of $158,000. Coming to the luxury we have all come to know and love as My Seanna, the 185-feet Starship is the most expensive here at $260,000/week.

As for the sails of ‘Below Deck Mediterranean’ and ‘Below Deck Sailing Yacht,’ while Parsifall III from the latter costs between $240,000 to $280,000 a week to rent, Ionian Princess from the former’s season 1 starts at about $163,000. The Sirocco of seasons 2 and 4 lands in the pricey range of $192,000 to $213,500, whereas season 3’s Talisman Maiton crosses the $250,000 mark.

As for The Wellington in the fifth season, the 184.5-feet beauty goes from $260,000 to $280,000 for a week. However, season 6’s Lady Michelle breaks all bounds by costing between $270,000 to $310,000 plus expenses. With that said, a few years ago, show creator Mark Cronin revealed that the guests who appear on the series are given a discount of about 50% from the actual cost of chartering the vessel for three days.

“We ask them to tip about 15% to 20% of the full cost though,” Mark Cronin added on a Reddit thread . “The tip amount is up to them as well. They are not compensated, but we pay their airfare.” Along with that, the production team also supports the guests by providing hotel accommodations the night before and the night after the charter while ensuring their complete safety and comfort. Their support extends to the crew in the form of an adequate salary and a few other benefits as well.

Read More: How Much Does the Crew of Below Deck Med Get Paid?

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How Much Does It Cost To Rent The Yachts On Below Deck?

Watching Bravo's  Below Deck , it's kind of impossible not to fantasize about renting one of the featured luxury yachts for yourself. For most of us regular folks, the idea of lounging around having every need tended to by a crew of hot, young twentysomethings is an experience we're only going to get watching this particular show (and its drama-filled spin-off,  Below Deck Mediterranean , of course).

Still, it's fun to dream. And if our funds ever permit us to, the first stop would be one of these huge boats replete with gold bathroom fixtures, luxuriously expansive guest cabins, and Michelin-star service. So, how much exactly would that set you back?

The Below Deck yachts do not come cheap

According to  Worldwide Boat,  the cheapest you can rent one of the featured yachts (the Ohana, from season 2) is $140,000 per week. The rest range in price all the way up to a whopping €231,000 (around $256,000 per week) for the Talisman Maiton, which was featured on  Below Deck Med  season 3.

According to  Yacht Charter Fleet , the smaller super-yachts, including the  Ionian Princess , the  Valor , and the  Sirocco , rent for approximately $154,000 to $199,500 per week, depending on the season and the boat. The good news, though, is the Ohana is $140,000 per week at any time of year, so it's something of a bargain compared to the others.

As for the mid-range yachts, the  Eros  is currently not available for rent, nor is the recently-redone  Honor . The biggest super-yachts, meanwhile, are  way  out of seemingly anybody's price range. The aforementioned Talisman Maiton goes for the same massive fee no matter the time of year, while  My Seanna , at 185 feet, is $294,000 a week in the winter and $315,500 a week in summer. 

Appearing on Below Deck might save you some money

Those looking to appear on  Below Deck  might get a discount as, according to  The Forward Cabin , charter guests who feature only pay around $11,000 each for the privilege, and that includes airfare, hotels, and more. The charters are shorter, however, clocking in at just a few days each according to  Worldwide Boat . 

It's still a massive discount considering the show's own Kate Chastain told  ET ,  "Generally a boat that size, 150 foot — this one's 160, Valor — but around that price range, for seven days, is around $150,000. But that does not include airfare, fuel, food, wine, docking, tip. So, I would say for a boat like Valor, for a week vacation, it would be around a quarter of a million dollars."

If you're more interested in owning rather than renting a yacht, be forewarned;  Denison Yachting  advises it'll cost around $4.75 million annually for a 180-foot vessel, including around $400,00 for fuel, $350,000 for dockage, $240,000 for vessel insurance, $1 million for maintenance and repairs, and $1.4 million for crew salaries.

They're definitely pricey, but the Below Deck yachts are worth it

Chartering a luxury yacht, particularly one featured on Below Deck, costs so much for one major reason: You're getting a first class experience. As noted by Worldwide Boat , the expert crews working these boats are the best of the best (despite what the hit show and its spin-off, may lead us to believe), and the amenities boasted by each truly have to be seen to be believed. Put simply, this is a once in a lifetime vacation.

Take the Ionian Princess, which boasts a sun deck featuring a Jacuzzi and breathtaking views. The gorgeous boat, originally built in 2005, also includes luxury accommodations across six cabins for up to 12 guests. Likewise, the Dutch-built Sirocco, which was made in 2006, also features a sun deck but it's equipped with a gym, making it even more special. Elsewhere on-board there's an alfresco party deck, theater, and plenty of other amenities for fun both on and off the water. 

The yachts featured on Below Deck are basically floating luxury hotels

The mighty Talisman Maiton, meanwhile, fittingly named for a stunning Thai island, is a superb, tri-deck yacht. Although it accommodates 12 guests total, the boat also features a master suite and a VIP stateroom, so exclusivity is key. It was refit in 2016 (the yacht was originally built in 2006) and now features a glorious sun deck and spa pool complete with a bar, gym, and an all-important observation deck with panoramic views.

The  huge My Seanna also boasts a master suite and VIP stateroom, as well as a chic beach club, fittings brushed in 22 carat gold, a sundeck sauna and gym, helipad, and even an outdoor movie theater. Act quickly and you might just get a discount on it, as  Yacht Charter Fleet  previously advertised that the first three charters to the Bahamas this past summer were subject to an insane 35 percent price reduction. 

Chartering a  Below Deck  yacht is something most of us will only ever dream of doing, but it's not hard to understand why those who have the cash choose to splash out for the privilege.   

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How much does it cost to charter a yacht?

There are many things to consider and first time charterers can be left confused, that's why we've created a comprehensive guide to yacht charter prices (with a checklist).

The good news: It’s easy to grasp the basics of yacht charter pricing. And with one of our experts in your corner, we can help you more accurately estimate the cost of your next once-in-a-lifetime vacation.

The cost of a yacht charter is dependent on a number of factors, including the type of yacht, the charter destination, local taxes, and the base cost. (If the yacht has a celebrity owner, well that too, can add to the cost.)

Therefore, yacht charters have a wide range of base prices. That’s why charters can cost from $10,000 per week on smaller sailing yachts and catamarans, up to $150,000+ per week on the most luxurious motor superyachts.

What else can you expect to pay? This overview – a part of our planning resource, the Charter Advice Guide – offers an in-depth look at charter yacht costs.

Yacht Charter Price Structure: “All-Inclusive” vs “Plus Expenses”

In the world of yachting, two types of crewed yacht charters are available to you – “All-Inclusive” and “Plus Expenses” charter experiences. What do these terms mean exactly? Here’s a quick look:

• All-Inclusive Yacht Charters – Some charters (mainly catamaran and monohull charters in the Virgin Islands) offer all-inclusive rates. That means rates are based on the number of guests, and they include all food and drink, water sports, and fuel costs. Dockage and taxes, though, are usually charged separately.
• Plus Expenses Charters – Rates for larger motor yachts do not include running expenses, which must be paid separately. For these luxury charters, the base price is for the yacht only. Additional expenses, i.e. food, bar, fuel, dockage, port taxes, and other expenses, are charged separately. Most frequently, the running expenses are paid by an Advance Provisioning Allowance, or APA, which is typically 35% of the base price; this is an amount that’s paid prior to the charter.

Our chart below offers a quick overview of what’s included in both of these types of charters.

Average Yacht Charter Cost: Base Prices

What can you expect to pay for a catamaran, a sailing vessel, or motored yacht? Here’s a quick overview of the average cost to rent a yacht (not including extra expenses) for the most common types available:

Factors that Affect Yacht Charter Prices

Since charter yachts are privately owned, prices are set by the owner. This can explain, in part, the wide range of differences in price between boats of similar lengths. Yet, several other factors can significantly impact price, including:

• The Yacht – The year the boat was built, the builder, previous owners, and the boat’s selection of water toys can also increase the cost of a yacht. Boats can also develop a reputation, i.e. the largest or most luxurious, or having a famous builder or previous owner. Reputation can also affect pricing.
• Season – Prices typically increase in the high season – i.e. high summer in the Mediterranean or winter in the Caribbean – and decrease in low seasons.
• Destination – Your charter destination also plays a role in charter cost. For example, prices increase in areas without large charter fleets (i.e. the Galapagos), whereas Bahamas yacht charters,   BVI charters , or Mediterranean yacht charter are priced more competitively.

Additional Costs Considerations on Yacht Charter

In addition to the cost associated with running the yacht and provisioning, there are a number of other costs that must be considered. These are the most significant:

Advanced Provisioning Allowance

The APA on Plus Expenses charters equals roughly 35% of the yacht’s base price. This is a fee that’s collected prior to charter, and it’s similar to an expense account the captain can access during the charter. At the end of the charter, you will receive a detailed accounting of your APA account, plus any unused APA funds in cash.

In the case of overages, you may be required to replenish the APA account during the charter. This can be done with cash, although many choose to set up accounts with their charter brokers , which can be accessed if requested by the captain.

Taxes and Value Added Tax (VAT)

Most boats – whether all-inclusive or Plus Expenses – will not include local taxes or a Value Added Tax into their charter rate. The charterer will be responsible for paying those taxes. Taxes range significantly by destination; here’s a look at some of yachting’s most popular destinations:

• The Bahamas – Tax: 4% plus 10% VAT
• BVI – Tax: between $6 and $16 per person per day, depending on the flag of the boat
• Croatia – VAT: 13%
• Florida – Tax: 6% for Broward County, 7% for Miami-Dade County
• France – VAT: 20%, however, 10% can be applied when an itinerary includes International Waters
• Greece – VAT: 12%
• Italy – VAT: 22%, however 6.6% (over 24m) and 8.8% (under 24m) can be applied when an itinerary includes International Waters
• Montenegro – NO VAT
• New England – NO TAX
• Spain – VAT: 21%
• Turkey – NO VAT

Charterers can purchase cancellation and curtailment insurance – which is similar to traveler’s insurance. This insurance can help cover costs if a charterer must cancel or shorten the charter. Charter brokers can help you weigh insurance options, and often offer several different options.

Crew Gratuity

While crew gratuity is certainly not mandatory, it is recommended, particularly if you were truly impressed with your charter experience. In general, crew gratuity is roughly 15-20% of the base charter rate, which is handed to the captain at the conclusion of your charter.

Delivery Fees

While these fees do not apply on most charters, you may be asked to pay delivery costs if you are not chartering in the yacht’s normal cruising ground. In most cases, you will only be required to cover the fuel for the trip.

Call Worldwide Boat today to learn more. Our Charter Specialists are here to assist you with every detail and explain all charter costs. Or read our Charter Advice guide for more information and tips for planning your charter vacation.

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Additional Charter Cost FAQs

What are standard private charter yacht prices?

There are a number of factors that affect charter yacht pricing. However, on average, a week-long private yacht charter costs anywhere from $10,000 on luxurious sailing yachts and catamarans, and up to $150,000 for superyachts.

What affects charter yacht prices?

There are several things that influence how much your yacht charter will cost. The type of vessel, charter destination, length of trip, base cost, time of year, and local taxes all make a difference.

How much does it cost for a crewed vessel?

Charter yacht prices do increase when hiring a crew along with the boat. At Worldwide Boat, we offer two types of crewed charter experiences: all-inclusive and plus expenses. An all-inclusive charter yacht includes accommodation for all guests, food and drink, water sport activities, and fuel costs – dockage fees and taxes are charged separately. A plus expenses experience accounts for just the yacht’s base price. Things like food, drinks, fuel, dockages, taxes, and other expenses are charged separately and are usually estimated to be about 35% of the base price.

What’s included in all-inclusive boat charters?

At Worldwide Boat, your all-inclusive charter experience includes a diligent and friendly crew, water toys, food, drinks, fuel, water and electric services, and occasionally diving experiences.

What are some additional charter boat costs to consider?

After finding a base price you’re comfortable with and evaluating your package, you’ll also want to consider delivery fees, crew gratuity, insurance fees, taxes, and Advanced Provisioning Allowance rates. If you are responsible for these fees, your crew will handle the necessary transactions on your behalf.

What does it cost to rent a 100- foot yacht charter?

This depends on what type of vessel you’re looking at and how long you’ll need it for. The average weekly cost of a 100-foot sailing yacht is between $50,000-100,000. A weekly 80-foot catamaran charter runs around $40,000-100,000, and a week-long 100-foot motor yacht rental is anywhere between $50,000-80,000.

Does the price to rent a yacht change depending on what type of boat it is?

Yes. Worldwide Boat offers sailing yachts, catamarans, and motor yachts. All of these vessels have different capabilities, but there are other factors that determine the price beyond what type of boat you choose. The year the boat was built, owner, availability of water toys, onboard amenities, and the ship’s reputation can all change how much the ship is priced at.

When is the high season for yacht charters?

The price of a yacht fluctuates depending on the season. A Mediterranean yacht charter cost rises in the summer and drops in the winter, whereas Caribbean boat charter prices are high during the winter and lower in the summer months.

How does my destination affect charter yacht cost?

The more remote an area is, the more expensive it will be to charter a yacht there. That’s because prices go up in areas that have fewer boats. If you were to travel somewhere like the Galapagos, which isn’t a typical yacht destination, you’d pay more than you would if you were traveling to the Caribbean.

How much do I tip the crew when reviewing my yacht charter expenses?

It’s not required that you tip your crew, but it is recommended and appreciated. If you had an enjoyable experience it’s considered polite to tip your crew anywhere from 15-20% at the end of your charter.

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How much does it cost to charter a yacht?

A comprehensive breakdown of yacht charter costs and fees

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By Editorial Team   15 January 2024

Navigating the world of crewed yacht charters for the first time can be daunting, with numerous factors to consider. To clarify and assist, we have compiled a thorough guide on yacht charter costs, complete with a handy checklist so you can estimate the total cost for your vacation before you start searching for your ideal yacht.

Cost breakdown.

Charter fee of xxx

+ xxx % APA ( xxx )

+ xxx % Tax/VAT ( xxx )

Total = $ xxx

In this article:

• Base charter fee

Why do charter fees differ between yachts?

• Charter contracts

Advanced Provisioning Allowance (APA)

• Crew gratuities

Fuel and dockage fees

Insurance: what does it cover, payment structure.

Planning a yacht charter is thrilling yet challenging, particularly when it comes to budgeting. The starting point is the yacht's base price, the weekly rental fee. But what about additional costs such as meals, beverages, local taxes, or fuel? How do these affect the overall cost? The encouraging part is that understanding yacht charter fees is straightforward. With guidance from our seasoned professionals, you can gain a clearer idea of the expenditure for your dream vacation. Yacht charter costs vary based on several elements: the yacht type, destination, local taxes, dates and the age of the yacht. Yacht charter prices span a broad spectrum. For instance, smaller sailing yachts and catamarans may start at around $10,000 per week, whereas more luxurious motor superyachts can exceed $100,000 per week. Wondering about other expenses? Our Charter Advice Guide, a key part of our planning resources, delves deep into the specifics of yacht charter costs.

After you have chosen your desired yacht, your yacht broker will prepare a legally binding contract; usually a standard agreement with conditions set by the terms applicable to the destination. Before you sign on the dotted line, it is important that you understand what it is that you are paying for and when it is due.

Base charter fee: All-Inclusive vs Plus Expenses

When it comes to crewed luxury yacht charters, you can choose from two types of vacations- "All-Inclusive" or  "Plus Expenses" charter experiences. But what do these classifications entail? Let's briefly compare:

• All-Inclusive Yacht Charters Certain charters, particularly small catamaran and monohull sailboat charters in the Virgin Islands, wooden Gulets in Turkey or Phinisis in Indonesia, offer different all-inclusive pricing packages. This means that the rates depend on the number of guests and cover some or all meals and beverages, water sports, and fuel expenses. However, dockage fees and taxes are typically billed as additional costs.
• Plus Expenses Charters The rates for larger sailing or motor yachts are exclusive of operational costs, which are to be paid additionally. With these high-end charters, the base rate covers only the yacht rental. Extra charges, such as for food, beverages, fuel, dockage, port taxes, and other expenses, are billed separately. These running costs are usually covered by an Advance Provisioning Allowance (APA) payment, generally set at 20-35% of the base charter rate depending on the size and location of the yacht. This amount is paid before the start of the charter.

The table below gives a quick comparision of what is generally included in the price for both charter types.

Plus Expenses Charter Costs

In essence the base charter fee refers to the hire cost of the yacht itself, and implies that the yacht will be provided to you in full commission, with all equipment in working order and the yacht properly insured for marine risks.

In addition, the cost of the crew’s food, wages and clothing will be met by the owner for the entirety of the charter. 

Charter rates are typically quoted per week (7 days), which in superyacht terms is generally accepted as the minimum period for yacht charters – although this is by no means set in stone.

The APA in Plus Expenses charters is typically about 25-40% of the yacht's base weekly charter rate (based on the size of yacht, location and yacht's fuel efficiency). This fee is collected before the start of the charter and acts like an expense fund that the captain can utilize during the trip to cover costs such as fuel, food and beverages, dockage fees and ad hoc incidental expenses.  At the end of the charter the captain will prepare a detailed statement of the APA expenditures, along with any unspent APA funds returned in cash.

Should expenses exceed the initial APA, you might need to top up the fund during the charter. This replenishment can be done in cash, but many opt to establish accounts with their charter brokers. These accounts can then be accessed upon the captain's request for additional funds.

Taxes & Value Added Tax (VAT)

For most yachts, regardless of being All-Inclusive or Plus Expenses , local taxes or Value Added Tax are NOT incorporated into their charter rate. It falls upon the charterer to pay these tax expenses before the charter commences. Tax rates can vary greatly depending on the destination; here's an brief overview of tax rates in some of the most sought-after yachting locations:

In the European Union (EU) recent harmonising changes to tax laws have affected VAT rates across most of the Mediterranean region. EU tax laws state that VAT will apply to vessels embarking or disembarking within their waters, although rates for VAT vary depending on the European destination. In France the current rate is 20% and in Italy it is 22%, whilst Turkey and Montenegro both charge 0% for EU-flagged yachts cruising their waters.

VAT also applies to yacht charters cruising The Bahamas , plus may also apply in some Caribbean islands.

Please consult your yacht charter broker  for further personalized advice if considering chartering in any of these areas.

Charter Free: £100,000 p/w +30% APA + 14% TAX/VAT

Crew Gratuities

Although tipping is optional, it's customary to leave a gratuity for the crew. The typical range for tips is between 10-20%, and it should reflect the quality of service you and your guests experienced during your yacht charter.

It's best practice to hand over crew gratuities to the captain for distribution, ensuring that every crew member is fairly recognized. This approach is important because there are often less visible crew members, like the engineer and sous chef, working diligently behind the scenes to guarantee the success of your charter. It would be unfair for their contributions to go unrecognized.

Cancellation Insurance

Charterers have the option to buy cancellation and curtailment insurance, akin to travel insurance. This insurance can provide coverage for costs in case the charter needs to be canceled or shortened. Charter brokers are equipped to assist in evaluating different insurance choices and typically offer a variety of options.

Delivery Fees

These fees are not typical for most charters, but if your charter takes place outside the yacht's regular cruising territory or a significant distance from its homeport, you might need to pay delivery fees. Usually, this will just involve covering the fuel costs for the journey.

The charter fee varies from one yacht to another for a number of reasons, such as its size, age, onboard amenities and time of year the yacht is chartered. We've listed below some of the most common factors that affect the base rate of a rental yacht.

Charter seasons

A yacht charter season can refer to the weather patterns of a particular destination or the peak times when demand for charter yachts is at its highest. Yacht charter seasons, therefore, are broken down into two distinct categories: Summer/Winter, and High/Low season. 

In terms of the yacht's base charter fee, high season rates will apply to the most popular periods for yacht charters – such as July and August in the Mediterranean or Christmas and New Year in the Caribbean . Low season rates will generally apply to all other periods.

Event pricing

Major events such as the Monaco Grand Prix and Cannes Film Festival are generally categorised as high season events , regardless of where they fall in the season, with yacht prices generally higher around these dates due to popular demand.

Unless you are keen to charter a yacht for a particular high season event, it is worth considering your dates carefully.

Shoulder seasons

The months straddling the high and low seasons are known as shoulder months, for example April and September for yacht charters around the Mediterranean, and can share much of the same weather and beautiful cruising conditions as the peak season whilst charter rates tend to be lower, making these months a great time for chartering a yacht.

• Onboard amenities

Aside from seasons and events, yachts of the same size can often differ in price based on their onboard amenities. A yacht which boasts a cinema or lavish water toys may have a higher base rate compared with a yacht with minimal amenities of the same size.

If the pricing is unclear, be sure to ask your yacht broker to explain any disparities. 

Once you are clear on the base charter fee of your chosen yacht, it is important to learn about the additional costs that will be applied on top, depending on the type of charter contract used.

MYBA Charter Agreement

The most widely used contract for yacht charters is a MYBA agreement (Worldwide Yachting Association, formerly known as Mediterranean Yacht Brokers Association), which operates under Western Mediterranean Terms (WMT) . 

This contract, often referred to as a "plus all expenses" contract, requires that you pay for items, such as fuel, delivery fees, food and drink, local taxes and dockage fees, as an additional expense applied over the base charter fee.

Typically, a charter party (this is the collective term for the total number of guests on a charter) will accumulate additional costs of between 25% to 30% of the base charter fee, depending on what is consumed. These expenses can be tracked through the use of an Advance Provisioning Allowance (APA) which we will cover in the next section.

Other charter contracts

Caribbean Terms Inclusive (CTI) – sometimes referred to as Standard Caribbean Terms (SCT) – is another contract regularly used by the yachting industry, the terms of which are generally employed by smaller yacht charters in the Caribbean. 

Otherwise known as a "mostly all-inclusive" agreement, CTI differs from Western Mediterranean Terms as it includes three meals, plus up to four hours cruising, per day.

In addition to the commonly used MYBA terms and Caribbean Terms Inclusive, there are also less frequently used terms such as Standard Eastern Mediterranean Terms (SEMT) and Greek Terms (GT). 

SEMT operates much in the same way as CTI, except it includes only two meals per day for guests instead of three, as it is assumed guests will dine ashore in the evenings. Greek Terms are similar to the MYBA terms apart from harbour and berthing fees, which are included under GT terms so long as they are within Greek waters.

If you are unsure what is included under the terms of your contract, be sure to ask your yacht charter broker .

For more in-depth information, please see our guide on yacht charter contracts below.

Typically, the APA accrues to approximately 25% to 30% of the base charter fee, though this does of course depend on your charter party’s tastes and requirements and could be far less or far greater than this estimation. For instance, charter guests who intend to regularly dine on caviar and vintage wine can expect to pay more, whereas guests on a sailing yacht charter that is anchored at sea for most nights can expect to save on fuel costs and hefty marina fees. 

You can request an APA estimate from your yacht broker based on your charter party's onboard expectations.

What happens next?

The APA is payable one month prior to boarding the charter yacht (see 'Payment Structure' below), and is generally paid direct to the Captain.

Once the APA has been paid it will then be retained as a bank account of sorts, from which the Chef can provision the yacht ready for your charter and the Captain can make expenditures while keeping a strict record of what has been spent. It is important to note that all additional costs incurred throughout the charter are charged at cost with no mark-up.

At any point during the vacation you can request an up-to-date summary of the accounts as a way of keeping track of expenditures.

When you think of fuel costs, you may think of what is consumed by the yacht over the course of your charter.

However, there are further fuel costs to take into account that you may not have considered. These include;

• Personal watercraft toys, such as jet skis
• Tender boats used for transporting guests to and from the yacht, or for water sports activities
• A yacht's generators whilst at anchor (shore-side electricty is used when docked at a marina)

Furthermore, the distance travelled and the speed at which the yacht cruises also affects the overall fuel costs, so it is important to bear these factors in mind when settling on your itinerary. 

Dockage fees

These may vary widely depending on the destination and time of year from minimal to extravagant (think Port Hercule in Monaco during the Grand Prix).

If you are interested in booking any nights in marinas during your yacht charter, you should liaise with your broker who can advise on the various options available, including prices, around your chosen location and dates.

In general, the base charter fee of a yacht will include insurance for marine risk and third party liability insurance, which covers accidental damage and personal injury. It will also cover use of the yacht's watertoys and equipment.

Additional insurance

Although insurance is not generally connected to charter costs, it is useful to consider should you wish to take out additional insurance such as Cancellation and Curtailment cover which is calculated at 2.5% of the charter fee for the unforeseen cancellation of a charter, and can prove a worthwhile investment as well as providing peace of mind.

You should check with your broker about the level of insurance built into your charter contract before signing. 

Other taxes 

Local taxes may also apply in certain countries, therefore it is important to speak with your yacht charter broker to clarify what additional taxes are applicable to your chosen destination and itinerary.

Whilst the payment structure can vary depending on the contract, in general charter payments are made as follows;

• 50% of the charter fee is payable upon signing the charter agreement, which confirms the booking.
• The remaining 50% of the charter fee, APA (usually between 25-30% of the base charter fee), delivery and/or re-delivery fees, applicable taxes, plus any additional agreed amounts are payable one month prior to commencement of the yacht charter.
• Any balance of monies due are to be paid on the first working day prior to completion of the yacht charter.

For further clarification of the payment structure for your yacht charter, please speak with your broker.

The base charter fee for a yacht can differ for a number of reasons, including;

• Size and age of the yacht
• High/low seasons, and major events such as the Monaco Grand Prix

There will also be additional amounts to pay on top of the yacht's base charter fee, which can include;

• Advanced Provisioning Allowance (roughly 25-30% of the yacht's base fee and includes all charter expenditure such as food, fuel and marina fees)
• Additional insurance, such as Cancellation and Curtailment Insurance
• VAT and other taxes

It is important for you to understand the entire payment structure to ensure no unpleasant surprises arise whilst enjoying your vacation.

If you wish to know more about costs relating to your yacht charter, please speak with your preferred yacht broker for more information.

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