small yacht prices

Cost of Buying & Owning a Small Yacht (Detailed Breakdown)

While some people may prioritize a slower, more eco-friendly, and more hands-on experience that they get from a sailing yacht, others may prefer a faster, more luxurious, but less hands-on experience from operating a motor yacht. However, the tiebreaker comes down to the costs of owning and maintaining them. With that, let's explore how much you'll need to buy and own either a small sailing yacht or a motor yacht, and see which one is more affordable.

A new 30-foot sailing yacht can cost anywhere from $50,000 to $200,000, while a used one in good condition can range from $20,000 to $100,000. On the other hand, a new 30-foot motor yacht can cost between $100,000 and $500,000, while a used one can range from $50,000 to $300,000.

The ongoing costs of owning a yacht include maintenance and repair costs, fuel costs, insurance, docking fees, and more. Let's take a closer look at each of these costs and how they can impact your budget.

• The initial purchase price and ongoing costs of owning a motor yacht are higher than those of a sailing yacht.
• A sailing yacht relies mostly on wind power, while motor yachts require more complex mechanical systems and need more fuel.
• Purchasing older yachts may require more maintenance and repairs.
• Additional initial expenses when purchasing a used yacht include hiring a surveyor, buying bottom paint, looking for upgrades, and purchasing safety equipment.
• Insurance costs for motor yachts are higher due to their faster speeds and increased risk of accidents.

Cost of Buying And Owning A Small Yacht

1. The average cost of owning a new 30-foot sailing yacht

On average, a small brand-new sailing yacht can cost anywhere from $50,000 to $200,000 or more. This price range typically includes basic features like a cabin, galley, and bathroom, as well as a mast, sails, and rigging. However, the price may not include additional amenities like a generator, air conditioning, or advanced navigation systems.

In addition to the initial purchase price, there are also ongoing costs associated with owning a sailing yacht, such as mooring fees, maintenance and repairs, insurance, and fuel costs. These expenses can add up quickly, and you may need to factor them into your budget when considering buying a sailing yacht.

One advantage of owning a sailing yacht is that it can be less expensive to operate than a power yacht, as it relies on wind power rather than fuel. However, sailing yachts also require more maintenance and upkeep, particularly for the rigging and sails .

Initial expenses for a new 30-foot sailing yacht

Recurring expenses for a new 30-foot sailing yacht

2. The average cost of owning a used 30-foot sailing yacht

In general, you can expect to pay anywhere from $20,000 to $100,000 for a used 30-foot sailing yacht. This cost will typically include the purchase price of the boat itself, as well as any necessary upgrades or repairs that may be required.

Once you have purchased the boat, there are a number of ongoing costs associated with owning and maintaining it. These can include mooring or slip fees, insurance, registration and licensing fees, and regular maintenance and repairs.

Although used sailing yachts can be much more affordable than new ones, they may require more maintenance and repairs which can be costly and time-consuming. There may be hidden issues or problems with a used boat that are not immediately apparent, which can lead to unexpected expenses down the line.

Initial expenses for a used 30-foot sailing yacht

Recurring expenses for a used 30-foot sailing yacht

3. The average cost of owning a new 30-foot motor yacht

The cost of a new 30-foot motor yacht can range from around $100,000 to over $500,000, with some luxury models costing even more. Although operating a motor yacht requires less skill and experience than operating a sailing yacht, the initial purchase price and ongoing costs are higher than that of a sailing yacht.

This is because motor yachts require more complex mechanical systems, such as engines, generators, and other electrical and plumbing systems, which can be expensive to install and maintain. They also need more fuel than sailing yachts, which can result in higher ongoing costs for fuel and maintenance.

Initial expenses for a new 30-foot motor yacht

Recurring expenses for a new 30-foot motor yacht

4. The average cost of owning a used 30-foot motor yacht

A used 30-foot motor yacht can cost anywhere from $50,000 to $300,000 or more. However, you'll need to note that older yachts may require more maintenance and repairs, which can add to the overall cost of ownership.

It can be difficult to know how these yachts were used and maintained by their previous owner, which can lead to unexpected issues and repairs. They may also have less fuel-efficient engines, which can lead to higher fuel costs over time.

Initial expenses for a used 30-foot motor yacht

Recurring expenses for a used 30-foot motor yacht

Expenses Involved In Buying and Owning A Small Yacht

Initial expenses in buying a small yacht

Boat purchase is not cheap.

The first cost you'll encounter when buying a yacht is the purchase price which can range from tens of thousands of dollars to millions of dollars. When setting a budget for your yacht purchase, try to consider not only the purchase price but also the ongoing costs of ownership.

You need to register your yacht

Before you can legally operate your small yacht, you need to register it with the relevant authorities. The registration process depends on your location and the size of your yacht. In Oregon, for example, all boats with motors must be titled and registered with the Oregon State Marine Board. The registration fee is based on the length of the vessel.

To register your yacht, you will need to provide proof of ownership, such as a bill of sale, and complete the necessary paperwork. You may also need to provide proof of insurance and pay any applicable taxes.

Factor in payment for taxes

Each state has its own tax laws, and some states may have additional taxes or fees that apply to yacht owners. In Florida, there is a 6% sales tax on boats, while in Texas, the sales tax is 6.25%. In addition to state taxes, some municipalities or counties may also charge a local sales tax.

Set aside payment for the title fee

The title fee is the cost of transferring the ownership of the yacht from the seller to the buyer. The title fee for a small yacht can range from a few hundred dollars to a few thousand dollars.

Budget for hiring a surveyor

A survey is particularly important when buying a used boat, as it can help uncover any hidden problems that may not be immediately apparent to the buyer. Used boats can have a range of issues, from minor cosmetic defects to serious structural damage, and a survey can help to identify these issues before the sale is completed.

During the survey, the marine surveyor will thoroughly inspect the boat's hull, deck, and superstructure, as well as its mechanical systems, electrical systems, and safety equipment. The surveyor will also test the boat's performance on the water, including its handling, speed, and maneuverability.

After the survey is complete, the surveyor will provide the buyer with a detailed report of their findings, including any defects or deficiencies that were identified. This report can be used by the buyer to negotiate the purchase price or to request that any necessary repairs be made before the sale is completed.

Used small yachts need upgrades and customizations

One of the joys of yacht ownership is the ability to customize your vessel to suit your needs and preferences. Some common upgrades and customizations include:

• Deck hardware: Installing new hardware such as cleats, winches, and blocks can improve the functionality of your yacht, but can also be expensive.
• Communications: Upgrading your communication systems, such as radios and satellite phones, can improve safety and convenience, but can also be costly.
• Vinyls: Adding vinyl graphics to your yacht can be a fun way to personalize your vessel, but can also be expensive.
• Anti-fouling paint: Applying anti-fouling paint to the bottom of your yacht can help prevent the growth of marine organisms, but can also be a recurring expense.

Consider the costs of buying safety equipment

Safety should always be a top priority when operating a yacht. Some essential safety equipment includes:

• Life jackets: Having enough properly fitting life jackets for all passengers is essential for safety.
• Fire extinguishers: Having properly functioning fire extinguishers on board can help prevent a disaster.
• First aid kit: Having a well-stocked first aid kit on board can help in case of injury or illness.
• Emergency signaling devices: Having emergency signaling devices such as flares or an EPIRB can help alert others in case of emergency.

For a more detailed list of the safety equipment you need for your newly purchased small yacht, here's an article you can refer to.

Recurring costs for owning a small yacht

In addition to the initial expenses, there are also ongoing costs associated with owning a yacht such as the following:

Avail an insurance policy for your yacht

Shop around for insurance agencies that specialize in yachts, as there are many clauses and catchphrases that are unfamiliar to the average insurance agent. Insurance companies that specialize in boats often provide surprising discounts for both your own skills and the equipment on your boat.

A specialized insurance policy is generally estimated at between 0.8% and 1.2% of the boat's purchase price per year. It should also cover these 10 basic things included in this article.

Sailing yachts may be more expensive to insure due to their increased risk of damage from weather and other environmental factors, while motor yachts may be more expensive due to their higher speeds and increased risk of accidents.

Keep in mind dockage and mooring fees

You can save money on docking fees by anchoring in free anchorages or finding marinas that offer discounts for long-term stays. Some marinas charge by the foot, while others charge a flat rate. You can try to research different marinas in your area to find the best deal.

In addition to the basic fee, some marinas charge extra for amenities such as electricity, water, and Wi-Fi. You may also want to consider the location of the marina since marinas in popular tourist destinations tend to be more expensive than those in less popular locations.

If you're in California, here are 7 places where you can dock your yacht at the cheapest price.

Consider costs for maintenance and repairs

Maintaining and repairing your small yacht is an important part of yacht ownership. Regular maintenance ensures that your yacht is safe to operate, and it can prevent costly repairs down the line.

Routine maintenance is the regular upkeep of your yacht, which includes things like cleaning, oil changes, and checking the engine and other systems. Consider following the manufacturer's guidelines for routine maintenance, as this will help prevent breakdowns and keep your yacht in good condition.

Now, even with regular maintenance, repairs may be necessary from time to time. Repairs can range from minor fixes like replacing a lightbulb to major repairs like fixing a damaged hull. Address repairs as soon as possible to prevent further damage.

For bottom paint, you can read this article on How Much Does it Cost to Antifoul a Boat? (Bottom Paint)

Account for fuel costs

The type of yacht you own will determine the fuel you use. For example, a motor yacht will require more fuel than a sailing yacht. Fuel costs are usually calculated per gallon. You can use a yacht fuel cost calculator to estimate how much fuel you will need for your trip and the approximate cost.

You can save money on fuel costs by filling up at a marina that offers fuel at a lower price. You might also want to consider using fuel additives that can improve your yacht's fuel efficiency and reduce fuel consumption.

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Average Yacht Prices | 40, 50, 60, 70, 100 feet + Helpful Examples

How much do yachts cost? Let’s look at yacht prices per size.

SELECT SIZE ⇩

Note: We will look at yachts that are a few years old. Very few people buy brand-new yachts as the price comes down a lot after only a few years.

How much is a small yacht? Let’s start at 40 feet length.

40 Foot Yacht Cost

A 40-foot yacht can be found used for around $200,000 and new models can cost as much as a million dollars. There are always lots of used yachts for sale around 40 feet in length, which makes them more attractive to first-time buyers.

Technically, a yacht begins at 23 feet. However, yachts that size will more often be referred to as boats.

A 40-foot yacht is a great option for looking for relative simplicity and plenty of comfort and capability. This size is great for day trips in the Caribbean dedicated to speed boating or simple cruising.

The size remains manageable, but the vessel can be updated with extra living spaces and amenities as desired, with a more affordable price than larger options.

The maintenance prices will remain lower as well.

Make sure you are considering the age of your yacht. Even if it is on the smaller end, it will be more expensive if it is new and custom-built to your wants.

Even if you think a 40-foot yacht is the cheapest option, these small factors make for a sliding price scale.

You might find that a smaller, new, custom yacht is more expensive than an older, simpler, larger yacht. One benefit of an older yacht is that it should have the improvements and equipment that make it comfortable to operate and will not have those additional costs.

For  sailboat prices specifically, check out this article .

Our Pick: Viking 42 Convertible: Cruise and Fish (2014)

Price: $895,000

• Cushioned seats
• Underwater lights
• Flybridge fiberglass hard-top
• Recent engine and service
• Joystick control
• Cockpit shade with poles, freezer, and step-up box
• Custom chairs
• Coach roof overhang to provide shade
• home theater setup
• Freshwater wash area
• Cockpit freezer and drink box
• Forward-facing viewing windows in deckhouse

Here’s a great example of a yacht with differing ages and year models. It has twin diesel engines, 600 hp each, and cruise at 35 mph (pretty fast!).

Yacht Price Examples for Three Other 40-50 Foot

• 42-foot Grand Banks 42 Classic; trawler-cruiser style yacht; twin diesel, 350 hp each, cruising speed is 13 mph. Price: $370,000 for 2004; $124,500 for 1986; older ones for less
• 45-foot Sea Ray 450 Sundancer or Sedan Bridge; single or twin diesel, about 1,000 hp total; cruising speed about 26 mph Price: $472,000 for 2012 twin-engine
• 41-foot Back Cove Downeast; single diesel 715 hp; cruising speed is 26 mph Price: $619,000 for 2016

50 Foot Yacht Cost

50-foot yachts are  normally owner-operated, so you wouldn’t need to pay for a crew. Now we are around the size of 2-bedroom yachts.

They can provide more living space giving the owner flexibility for more guests and making it a more permanent residential option. With more space comes the opportunity to install more amenities as well.

The biggest difference between the 40-foot vessel and the 50-foot is the accommodations.

Expect three-cabin layouts, which give plenty of space for rest. The opportunity to create guest rooms, owners’ suite, and entertainment spaces are better with these yachts.

Our Pick: Hatteras GT54 Convertible Sportfish

The price for the 2017 model of this used yacht starts at $2,249,000. 

This yacht is 53′ 10″ long and weighs 75,000 pounds! It has twin diesel engines, 1,300 hp each, cruising speed of 35 mph.

It has a 1200-gallon fuel capacity with three staterooms. It sleeps up to 6 people, so it is perfect for entertaining without being so large to the point where maintenance becomes very difficult. It is known for its great propulsion rates and is very smooth and agile.

It specializes as a fishing boat but allows plenty of room for guests. In addition to the three staterooms, it has a large salon deck, a spacious galley, and plenty of indoor and outdoor seating.

Yacht Price Examples for Two Other 50 Foot

• 51-foot Azimut Magellano 50; express cruiser; twin diesel engines, 425 hp each, cruising speed 16 mph Price: $670,760 for 2013
• 52-foot Carver C52 Command Bridge; twin diesel engines, 600 hp each; cruising speed 18- 26 mph Price: $1,149,000 for 2017; $1,750,00 for 2021 with bow thrusters, gyro-stabilizer

How much is a large yacht? Let’s  step up to 60 foot.

60 Foot Yacht Cost

Now we’re looking at 2-bedroom yacht prices. A yacht in this range approaches the upper end of the owner/operator criteria.

This means that owners need to decide whether they can handle this size yacht on their own or if they need to hire outside help from a crew.

If you’re thinking of buying a boat this size, the cost may not be an issue, but understand that adding crew members adds substantial extra expenses! Crew salaries start at around $3K /mth for junior members and $10K for captains and experienced crew members.

This size is great for longer travels beyond day trips and adds more and more space for extra amenities. Hosting guests becomes easier.

Here are some examples:

Our Pick: Hatteras M60

The average base price for this model is around $2,995,000.

The Hatteras M60 is great for someone who wants the luxury of a larger yacht but still wants to be an owner-operator. The deck’s layout below and above is spacious, with a large salon and a full master suite. It can be customized to order with hardwood floors or specific carpeting and amenities like TVs, a bar, a full kitchen, etc. It is a motor yacht, meant for pleasure cruising.

It has twin diesel engines, 1135 hp each; cruising speed is 28 mph.

Yacht Price Examples for Two Other 60 Foot

• 64-foot Schaefer 640; express cruiser; twin diesel engines, 625 hp each; cruising speed 25 mph Price: $1,299,000 for 2017
• 60-foot Sunreef 62 Sailing Catamaran; twin diesel engines 110 hp each; cruising speed 10 mph Price: $990,000 for 2009

70 Foot Yacht Cost

We’re now looking at 3-bedroom yachts. Once you reach this size yacht, it is almost guaranteed you will need a crew to help operate it. A crewed yacht is very different from an owner-operated yacht.

This is just shy of the superyacht category, so if you settle on this size, know you are almost there!

As previously mentioned, as the yacht size gets larger, so do the number of factors that make the purchase more layered and complex.

When yachts reach this size, the interior layout begins to change more drastically. They often have a spacious main deck perfect for dining and entertaining guests, whereas below, the yacht would likely have four or more cabins and crew quarters.

With more rooms comes more cost and more opportunity to customize the space to make it your own.

Here are some great options for this size:

Our Pick: Hatteras GT70 Convertible Sportfish

The 2017 GT70 model runs around $4,500,000, but keep in mind the extra costs of maintenance, furnishing, and a cabin crew to help it run. It’s great for a long vacation and far-away destinations.

The GT70 convertible sportfish is known for its speed and agility, and high propulsion power. It has twin diesel engines, 1900 hp each; cruising speed over 30 mph.

It is 70′ 6″ with 2,140-gallon fuel capacity. The inside is lavish, with a galley, a huge salon, and five staterooms.

Yacht Price Examples for Two Other 70 Foot

• 75-foot Hatteras Motor Yacht; sport cruiser; twin diesel, 1800 hp each; cruising speed 28 mph. Price: $4,375,000 for 2017
• 74-foot Ocean Alexander Motoryacht; twin diesel, 1150 hp each; cruising speed 24 mph. Price: $1,895,000 for 2011

100 Foot Yacht Costs (and up):

You are officially in the superyacht range.

These yachts come in all styles and shapes, allowing for cruising along coastlines or focusing on watercraft and speed boating.

Since this is likely the peak size boat for practical use, you can expect a lot of additional costs for hiring a crew, maintenance, docking, as well as stocking your boat full of amenities. 

You’re likely to spend the bulk of your costs furnishing this size boat as bigger yachts typically are sold without furniture. The previous owner will want to hold on to designer furniture and other expensive interior.

Check out these great  examples of 100-foot yachts .

Our Pick: 143′ 04″ Virtus 44

This model cost around $20,189,000.

This mega yacht is anyone’s dream.

It is home to a fully integrated beach club with room for a pool deck, floor-to-ceiling windows in the main salon, a hot tub on the top deck, five staterooms, an 8-person crew, and room to sleep ten guests.

It has room for water toys and other gadgets, with a layout that keeps them purposefully hidden from the outside world. It has a 12-knot cruising speed and 16-knot max speed,

Other 100+ Feet Yachts Price Examples

• 98′ 5″ AB 100 Price: $8,843,260 for 2018
• 161′ 04″ Acico Nassima Price: $17,933,000 for 2012

How Much is Yacht Insurance?

Insurance on a yacht is around 1% of the purchase price per year. It can go higher if you have lots of expensive designer furniture. This can add up over the years. It’s often cheaper to insure a sailing yacht but the price range is still within the 0.7-1.3%.

What Other Expenses Do Yacht Owners Face?

Harbor fees is another expense for yacht owners. It’s also a yearly fee that varies but as a rule of thumb, you can expect to pay around $100 per foot per year, depending on how popular the marina is. You will also have to be on a waitlist if you want a good location.

How Much Does a Luxury Yacht Cost?

A super yacht fall under the category of “luxury yachts” or “mega-yachts”.

The world’s largest private vessel belongs to the Prime Minister of the United Arab Emirates, Khalifa bin Zayed Al Nahyan’s Azzam. It is 590 feet long and costs $600 million to build!

It is outliers like these that increase the price average for yacht owners, perhaps scaring potential owners when they start their research.

As a luxury yacht price guide, however, we need to look at averages.

Currently, the average superyacht costs $275 million. This does not even account for maintenance costs, either.

Superyachts are large and luxurious, needing a professional crew to help them run. They are designed to emphasize comfort, speed, and longer expeditions – depending on the yacht builders.

They might have:

• swimming pools,
• water toys,
• diving and fishing poles,
• fully furnished rooms,
• helicopter landing pads,
• and smaller support vessels

Just to name a few amenities. They are truly the epitome of the elite.

What Size Boat is Considered a Yacht?

The normal yacht length starts at around 23 feet, and can extend hundreds of feet.  If the boat meets 23 feet, it can be considered a yacht.

A boat does not need luxury features to be considered a yacht.

It can be minimal and stripped of the “extra” stuff to fall into the yacht category, so long as it meets the size and length criteria.

11 Things to Consider Before You Purchase

When making this purchase, the yacht size you buy needs to reflect what you hope to get out of the vessel.

Some important questions to ask yourself before you buy are:

• What does your perfect day on the water look like?
• How long will your average day on the water be?
• Will it be more boating/watercraft focused or long cruise focused?
• Will you use the yacht for fishing?
• Will you be on the yacht every day of the week or just on weekends?
• How many people do you hope to fit on the yacht?
• Do you plan to stay on the yacht overnight?
• Where will you dock the yacht?
• How much boating experience do you have?
• How fast do you want the yacht to go?
• How important is it to have extra amenities like furnished rooms, water toys, electronics, etc.?

These questions will guide you to understand the size you really need and will be able to realistically maintain versus what your most ideal yacht would look like.

When Do You Need a Full-Time Crew?

At length over 50 or 60 feet, you may need a full-time captain or crew. 

A full-time crew person will be needed to keep all the varnished woodwork looking good and all the little things maintained.

Sometimes, you must be honest with yourself about what you want and what you actually need. Be self-aware about your abilities (or lack thereof) in taking care of a specific size yacht.

If you don’t know much about boats and navigation, you will need more help to use your vessel.

Hopefully, this comprehensive guide gives you a good starting point as you begin your yacht price research process.

Important Things to Consider As Well

Although there are many factors to consider when understanding a yacht’s prices, it is an exciting purchase nonetheless and should be enjoyed as much as possible.

At the end of your research, you’ll be the owner of a beautiful yacht you can use for leisure, cruising, sports craft, fishing, or all of the above.

Although this article is a good starting point, we would also recommend getting in touch with a  yacht broker who can help you find your best fit , model, year, and the price is given your personal budget. 

They are great sources of knowledge in addition to personal research.

Make sure you are as patient as possible in this process to make sure you are covering all your bases, but most importantly, enjoy the process!

Here’s How Much Yachts Cost on Average:

Yachts start around $300,000 for smaller 40-foot models and can go as high as several hundred million dollars for superyachts.

These are the main contributing factors to the price of a yacht:

• The size of the yacht
• The age of the yacht
• The brand and  type of yacht

In general, the larger the yacht is, the more important the quality of the build becomes.

Also, potential owners need to understand the cruising speed and propulsion of different yachts.

The yacht type is also broken down into two categories:

• Mediterranean Style Open style expresses yacht with maximum space for sun, little-to-no shade on the deck.
• Hard-top express Semi-enclosed or fully-enclosed space on deck for the operator
• Flybridge yachts

An express yacht is often referred to interchangeably as an  express cruiser  or  sports cruiser .

It has a single deck above the hull with a living space below.

They are much sleeker, too.

A flybridge yacht is often referred to as a sedan bridge or sport bridge, and it is typically used for fishing. It has additional space above the main deck.

Since the flybridge area has more space on the second deck, the main deck is normally made up of enclosed spaces and rooms.

It can have an open-air layout but can also have a hard-top.

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Small Yacht: Essential Buying Guide for New Owners

The world of yachting has seen a steady rise in popularity. With that has come a growing interest in small yachts.

These vessels, often referred to as mini yachts or small luxury yachts, provide an accessible and versatile option for those looking to venture into the nautical lifestyle. Small yachts range from about 30 to 65 feet in length. They cater to a variety of needs, blending luxury aesthetics with the functionality and maneuverability of compact marine vessels.

Understanding the unique characteristics of small yachts is essential for potential buyers and enthusiasts. Their design and construction prioritize space efficiency and creativity. This enables a comfortable living experience aboard, without sacrificing performance and handling capabilities.

Therefore, it's crucial to examine factors such as yacht size, layout, amenities, fuel efficiency, and sailing range when exploring the market for small luxury yachts.

Key Takeaways

• Small yachts provide a versatile and accessible option for exploring the nautical lifestyle.
• Design and construction balance luxury aesthetics with functionality and maneuverability.
• Essential factors to consider include size, layout, amenities, fuel efficiency, and sailing range.

Understanding Small Yachts

Defining Small Yachts

Small yachts, also known as mini yachts, are vessels designed to offer the luxury and amenities of a superyacht in a more compact and manageable size. These yachts typically range from 20 to 60 feet in length, which is much more modest when compared to the vast size of superyachts 1 .

Although smaller in size, these yachts still boast a variety of features and can include a range of models, from motor yachts to sailing yachts.

Small Yachts vs. Superyachts

The differences between small yachts and superyachts are not just about size. Superyachts tend to offer more extravagant amenities, such as onboard cinemas, helipads, and multiple swimming pools. On the other hand, small yachts focus on providing a comfortable and luxurious experience while being more budget-friendly and easier to handle 2 .

Here are some key differences between small yachts and superyachts:

Types of Small Yachts

There are two primary types of small yachts: motor yachts and sailing yachts. Each type offers unique features and advantages depending on the owner's preferences and intended use.

• Motor Yachts : These mini yachts are powered by engines, making them ideal for those who prioritize speed and convenience. Motor yachts often come with more creature comforts and can reach destinations quickly 9 .
• Sailing Yachts : Sailing yachts rely on wind power, offering a more traditional and eco-friendly sailing experience. They provide a sense of adventure and connection with the sea while still offering a range of comfort features 10 .

Both motor and sailing yachts can be further classified into various subcategories, such as powerboats and sailing catamarans, each with its own unique characteristics.

• Mini Yacht Buying Guide 2023 ↩ ↩ 2
• Small & Mini Yachts for Sale ↩ ↩ 2
• Superyacht Size Categories ↩
• Small Yacht: Luxurious Vessels for Leisure & Adventure ↩
• Luxury Superyacht Amenities ↩
• Superyacht Crew Requirements ↩
• Small Yacht Price Range ↩
• Superyacht Prices ↩
• Motor Yacht vs. Sailing Yacht ↩
• Advantages of Sailing Yachts ↩

Design & Construction

Hull Design and Material

When it comes to the design and construction of small yachts, hull design and material selection are of utmost importance. Most small yacht builders, such as Small Trimaran Design , focus on creating efficient and stable hull designs. These can be found in various forms, such as monohulls and multihulls.

Various materials can be used in the construction of yacht hulls. Common options include wood, steel, aluminum, and composites like fiberglass, GRP (Glass Reinforced Plastic), and carbon fiber . The choice of material can have a significant impact on the yacht's performance, durability, and maintenance requirements.

Deck Layout and Features

A well-designed deck layout contributes greatly to the comfort and functionality of a small yacht.

Luxury yacht builders, such as Burgess and Fraser , pay special attention to optimizing deck space for both practical and aesthetic purposes.

Key features often found on small yachts include:

• Cabins : Depending on the size of the yacht, there may be one or more cabins for sleeping, typically offering a comfortable and cozy environment.
• Outdoor living : Designers strive to maximize outdoor living spaces, such as lounge areas and sun decks, allowing passengers to enjoy the surroundings and fresh air.
• Coachroof : A raised section of the deck, the coachroof often houses the entrance to the yacht's interior and provides additional headroom below deck.
• Interiors : Small yacht interiors can be designed with efficient use of space, incorporating luxury finishes and furniture to create a comfortable and stylish atmosphere.

Some yachts even make use of advanced materials like foam in their construction, which can offer benefits in terms of weight reduction and insulation.

Performance and Handling

Sailing Performance

Small yachts are known for their agility and responsiveness in a variety of sailing conditions.

The lifting keel plays a crucial role in enhancing their performance, allowing them to access shallow waters and engage in creek crawling .

The versatility of these compact vessels allows sailors to enjoy the thrill of sailing on open water, as well as navigating through narrow channels and shallow creeks.

Some popular small yachts with remarkable sailing performance include the Sadler 26 and the Rustler 37 .

The maneuverability and ease of handling make these yachts perfect for both inexperienced and seasoned sailors.

Motor Yachting Efficiency

While small yachts are primarily designed for sailing, many of them can also function as motor yachts when needed. This allows for greater versatility, especially in situations where wind conditions are unfavorable.

In comparison to larger powerboats and cruisers, small motor yachts are generally more fuel-efficient, easier to maneuver, and require less maintenance.

Motor yachting efficiency can be affected by factors such as:

• Engine type and size
• Weight distribution

A well-designed small yacht strikes a balance between sailing performance and motor yachting efficiency, making it an excellent choice for those who enjoy the best of both worlds.

The Hobie Cat , for example, is a popular small sailboat that can be easily powered by a small outboard motor when needed.

Living Aboard a Small Yacht

Comfort and Accommodations

Living aboard a small yacht offers a unique and enjoyable lifestyle .

One of the key aspects of a comfortable liveaboard experience is having well-designed interiors and cabins. Most small yachts are designed with efficient use of space in mind, providing comfortable sleeping quarters, ample storage, and functional galleys for meal preparation. Some yachts even feature crew quarters for those who choose to sail with a crew.

It's important that the cabins offer a cozy and pleasant atmosphere, an essential factor when living aboard for extended periods.

When it comes to outdoor living spaces , many small yachts have cleverly designed decks and seating areas for lounging, enjoying the surroundings, or simply watching the sunset.

The yacht's galley should be well-equipped, featuring appliances such as a stove, refrigerator, and sink, making it possible to prepare meals just like at home.

Many small yachts also come with well-appointed saloons that provide additional space for dining, relaxing, and socializing with friends and family.

Entertainment and Social Spaces

Small yachts designers often prioritize creating social spaces, both indoors and outdoors, that cater to various needs.

The saloon is typically the heart of the yacht's interior, offering a comfortable space where everyone can gather for meals, play games, or watch movies.

Outdoor living is another essential aspect of the liveaboard lifestyle. Many small yachts are designed with spacious deck areas for sunbathing, enjoying the fresh air, and taking in the surroundings. These spaces can also be great for hosting outdoor events or simply relaxing with a good book.

The Buying Process

Choosing the Right Model

When purchasing a small yacht, it's essential to focus on choosing the right model that suits your needs.

Major yacht brands like Azimut and Ferretti offer various models with different features and specifications.

Consider factors such as the yacht's size, intended use (coastal cruising, blue-water passage-making, or competitive racing), and your budget.

On average, a small brand-new sailing yacht can cost anywhere from $50,000 to $200,000 or more .

Inspecting a Small Yacht

Before making a purchase, it's crucial to inspect the condition of the small yacht. Factors to consider include:

• Age: Older yachts may require more maintenance and have outdated features.
• Model: Different models come with various features and layouts, so choose one that fits your needs.
• Condition: Check for signs of wear and tear, as well as any repairs or replacements needed.

When searching for small yachts for sale , it's highly recommended to hire a marine surveyor to carry out a thorough inspection of the yacht. They will provide a detailed report on the vessel's condition and recommend any necessary repairs or improvements.

Securing a Purchase

Once you have chosen the right model and inspected the yacht, it's time to negotiate the yacht price and secure the purchase.

It's advisable to involve an experienced yacht broker who can simplify the process, handle negotiations, and aid with post-sale support.

When determining the final purchase price, bear in mind factors like the yacht's age, model, condition, and any additional features.

Maintenance and Upkeep

When owning a small yacht, it's crucial to ensure proper maintenance and upkeep to keep the vessel in great condition.

The age and condition of your yacht will greatly influence the maintenance schedule and tasks required. This section will cover the basics of routine maintenance and necessary repairs and refits.

Routine Maintenance

Regular inspection and maintenance of your yacht's essential systems can help prevent major problems in the long run.

It is important to follow a maintenance schedule and to use a calendar or reminder app to stay on track with your maintenance tasks. Yacht maintenance schedules often include the following key areas:

• Hull and Engine Inspection: Perform regular checks for any signs of leaks, corrosion, or damage. Clean and repaint the hull periodically to prevent fouling.
• Electronics, Sails, and Rigging: Inspect all electronics, sails, and rigging for wear and tear or any signs of damage. Replace or repair them as needed.
• Interior and Exterior Lights: Ensure all lights are functional, and replace any damaged or burned-out bulbs.
• Cleaning: Regularly clean the yacht's interior and exterior surfaces using gentle cleaning agents and fresh water to prevent dirt and salt buildup.
• Fuel and Water Tanks: Check and refill fuel and water tanks as needed, and inspect for leaks or contamination.

Repair and Refit

As your small yacht ages, it is essential to address any issues through repair and refit. Here are some common repair and refit tasks to help keep your yacht in the best possible condition:

• Engine Maintenance: Change oil, internal engine anodes, and check for any issues with engine mounts or fuel tanks. Maintain a proper 55-point skipper's checklist to ensure smooth engine operation.
• Electrical System: Replace or repair any malfunctioning electrical components. Ensure the wiring is in good condition and perform upgrades as necessary.
• Sail and Rigging Repair: Check for wear and tear or damaged parts, and replace any components that are no longer in good condition.
• Upholstery and Interior: Regularly clean, repair, or replace cushions, curtains, carpets, and other fabric materials on board.

Yachting Lifestyle

Destinations and Marinas

The yachting lifestyle offers numerous opportunities for exploring breathtaking destinations and marinas around the world.

Most yacht owners prefer to dock their vessels in well-equipped marinas. These marinas provide high-quality facilities, services, and security.

Some of the top destinations for small yachts include the Mediterranean, the Caribbean, and picturesque coastal towns in Europe and the United States.

The Mediterranean is home to famous yachting hotspots such as the French Riviera, the Greek Islands, and the Amalfi Coast . Meanwhile, the Caribbean offers a tropical paradise with its clear turquoise waters, white sand beaches, and hidden coves .

The Mediterranean

• French Riviera: Cannes, St. Tropez, Monaco
• Greek Islands: Santorini, Mykonos, Corfu
• Amalfi Coast: Positano, Capri, Sorrento

The Caribbean

• Virgin Islands: St. Thomas, British Virgin Islands
• Bahamas: Nassau, Exumas
• British West Indies: Barbados, Grenada, St. Lucia

Yachtsmen can also explore vibrant coastal towns in the United States, such as Newport, Rhode Island , or Annapolis, Maryland. These towns have a rich maritime history and provide access to world-class marinas.

When deciding on a marina, yacht owners should consider factors such as the amenities offered, proximity to popular destinations, and the depth of the harbor. Additionally, safety and environmental standards should not be overlooked.

Community and Events

Yachting is not only about the exploration of beautiful destinations but also about the experience of socializing with fellow yacht enthusiasts.

The yachting lifestyle fosters a strong sense of community, as yacht owners frequently mingle at marinas, yacht clubs, and exclusive events.

Yacht clubs and organizations often host events and regattas, where like-minded individuals can share their passion for sailing and create lasting bonds.

Participating in these events is a fantastic opportunity to expand one's social and professional network within the yachting world.

Notable yachting events include:

• The Monaco Yacht Show
• The Antigua Charter Yacht Show
• The Cannes Yachting Festival
• The Newport International Boat Show

These events showcase the latest trends and innovations in the yachting industry, providing attendees with both networking and learning experiences.

Charter and Rental Options

Comparing Ownership and Charter

Owning a small yacht can come with many advantages, such as having the freedom to sail whenever and wherever desired. However, ownership also involves significant costs, including maintenance, docking fees, and insurance.

On the other hand, chartering a yacht can offer a more cost-effective, low-commitment option. Yachts for rent are available in various sizes and price ranges, accommodating anything from a luxurious vacation to a simple day trip.

Chartering allows the enjoyment of the yachting experience without the burden of upkeep, while still providing access to luxury and customizable vacations.

There are different types of charters to consider:

• Bareboat Charter : The individual or group rents the yacht and operates it without a hired skipper or crew. This type is suitable for experienced sailors with the necessary certifications.
• Skippered Charter : Provides a professional skipper to help navigate the yacht, while the customers handle all other aspects, like provisioning and potentially crewing.
• Crewed Charter : More common in luxury and mega yachts, this all-inclusive option provides a complete crew, from a skipper and deckhands to a chef and hospitality staff.

Finding Yachts for Rent

In order to find the ideal yacht for a trip, it is crucial to research the available options.

One popular website for browsing yachts is YachtCharterFleet , offering a comprehensive list of luxury superyacht rentals. Their inventory includes everything from small yachts to mega yachts, catering to a wide range of budgets and group sizes.

Another option for discovering yacht charters is the Moorings platform, specializing in private yacht charters and vacations catering to a variety of boating preferences.

For those looking for more personalized sailing vacations, Moorings Crewed Yacht Charters provides customized, all-inclusive travel experiences, allowing guests to enjoy luxury and adventure at their desired destination.

When choosing the right yacht charter, some key factors to consider are the size and type of the yacht, the desired destination, length of the trip, budget, and any specific services or amenities included.

In any case, the options are virtually endless, ensuring that there is a perfect yacht rental available for any occasion.

Frequently Asked Questions

What factors affect the pricing of a small yacht?

Several factors contribute to the pricing of a small yacht, including its condition, age, size, brand, and the features and amenities it offers.

The materials used in construction, the engine's power, and the yacht's overall design can also influence the cost. Additionally, prices may vary depending on the manufacturer and market demand.

Where can I find listings for small yachts currently on sale?

You can find small yacht listings on various websites that specialize in boat sales and brokerage services, such as YATCO , Seattle Yachts , and Live Yachting .

It is essential to research different options to find the best deal and meet your exact requirements.

How does the buying process differ for new vs. used small yachts?

The primary difference between buying new and used small yachts lies in the warranty, customization options, and yacht history.

New yachts often come with factory warranties and a higher degree of customization. Meanwhile, used yachts typically have a lower initial cost but may require more maintenance or repairs.

It is crucial to inquire about the vessel's history, including previous owners, maintenance records, and any known issues when purchasing a used yacht.

What are some common features to expect in the interior of a small yacht?

Even though they are smaller in size, small yachts often have luxurious and well-designed interiors.

Common features may include a cozy living area, comfortable sleeping quarters , a functional kitchen or galley, and a compact bathroom.

Some yachts also provide entertainment systems, climate control, and advanced navigation equipment , ensuring comfort and convenience while sailing.

Which brands are well-known for manufacturing small yachts?

Several reputable brands produce small yachts, including Hanse , Catalina, Seawind, and Absolute.

Each brand may specialize in different types of yachts, such as sailing, motor yachts, trawlers, and catamarans. It is essential to research and compare various brands and models to find a yacht that best suits your preferences and needs.

What types of luxury amenities can be found on a small yacht?

Small yachts can still offer various luxury amenities, depending on the manufacturer and level of customization.

Some examples include high-end audio and entertainment systems, deck jacuzzis, underwater lighting, custom upholstery and finishes, water toys, and advanced navigation technology.

These amenities add to the overall comfort and enjoyment onboard, but they may also increase the yacht's price.

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How Much Does a Yacht Cost?

11th jul 2023 by samantha wilson.

We hear the question, “How much does a yacht cost?” on a regular basis, and it’s a difficult one to answer. Much the same as with houses, the prices vary in a surprising way depending on size, style, age, and finish (not to mention location). We’re talking millions of dollars in price difference for yachts, as well, because there are yachts of many different sizes with all the same variations. But first, let’s tackle the more fundamental question, “What is a yacht?’

What Classifies as a Yacht?

To begin with, a yacht can be a sailing yacht or a motor-powered yacht. Merriam-Webster Dictionary defines it as “any of various recreational watercraft: such as a) a sailboat used for racing; b) a large usually motor-drive craft used for pleasure cruising.” Size is not technically part of the definition, but in modern practice, size has a whole lot to do with it.

Many in the industry classify a boat as a ‘yacht’ from 40 feet up to 70 feet, although there are others who will include vessels as short as 33 feet. Not too many years ago, yachts as small as 80 feet (24 meters) were considered superyachts, but with the proliferation of much larger yachts, 130 feet (40 meters) is a more common yardstick. Beyond that are megayachts, variously defined as beginning at 165 feet (50 meters) or 200 feet (60 meters). 

The point is, there are no hard-and-fast rules, and what may be one person’s pretty little 20-foot sailboat may be another’s luxury sailing yacht. And any shiny, private vessel 40 feet and up will be called a yacht by almost everyone.

While size is the main determining factor in labeling boats as yachts, amenities aboard also play a role. For example, yachts frequently have cabins and heads below allowing for overnight stays, as well as a galley, and plenty of deck space for leisure. 

The term ‘yacht’ has become synonymous with luxury, especially with the boom in huge superyachts across the world. But a yacht doesn’t have to be fancy. A sprightly 30-foot trawler yacht might look to some like a luxury palace, but Jeff Bezos and the guests aboard his brand new $500 million sailing yacht Koru would probably see it differently. 

Cost of Buying a Yacht

Looking for an average price across all types of yachts isn’t helpful either, with sizes of yachts varying from 30 to 300 feet. And that doesn’t take into account whether a boat is new or used.  Broadly speaking, in the United States you can often buy a small used sailing yacht for $15,000 or less, and you can expect that figure to go up to $50,000 or $100,000 for a small motor yacht. A larger motor yacht, or even a new 40-foot day boat, can easily run up to $1 million or more. Superyachts, of course, will cost multiple millions of dollars. 

Cost of Owning a Yacht

The cost of owning a yacht goes far beyond the initial purchase price, and even if you’re in the market for a small yacht, you’ll need to factor in the annual costs which include:

• Marina fees: These will vary depending on your location and the size of the boat. Expect to pay from $5,000 for a yacht at the smallest end of the scale up to tens of thousands for larger yachts.
• Insurance: As a general rule, you can expect to pay around 0.5 percent of the value of the boat annually. Check out our guide to boat insurance for more information. 
• Maintenance and repairs: As a rough estimation you can expect to spend around 10 percent of the value of the boat on upkeep each year. This might be lower if it’s a new yacht.
• Fuel: This will vary depending on how far you cruise and how large the yacht is.
• Crew: Yachts up to 70 or 80 feet often don’t require a crew, but the larger the yacht, the more crew it will need. Crew salaries range from $3,200 per month for junior crew to $10,500 per month for captains and chief engineers. In general, a yacht of 80 to 100 feet in size will require a crew of between two and eight, while yachts between 100 to 200 feet will require between 8 and 20 crew members.
• Depreciation: Brand new boats depreciate the most and the quickest, with most depreciating by 40 to 50 percent of their initial price over the first 8 to 10 years.

Read more about the Real Costs of Boat Ownership as well as Top Tips to Lower the Costs . 

Types of Yachts per Cost

When we talk about yachts and their values, we usually refer mostly to the length of the yacht as that tends to be the identifying factor, but the style, engine size, and finish also play a huge role in determining how much they cost. Here we take a look at the average price differences between new and used yachts in the United States at varying sizes. 

How much is a small yacht? (25 to 40 feet)

A small yacht around 40 feet (often referred to as a cabin cruiser) is often considered an entry-level yacht, but a big step up from much smaller day boats. These are likely to have cabins, heads, and a small galley, and most offer the chance to spend weekends onboard. Prices will vary widely depending on whether it’s a used or new boat, and depending on the model, finish, and engines. New and recent-model yachts around 38 to 40 feet may cost anywhere from $250,000 to over $1 million, while the price of older models is often substantially lower. The average price in the United States for all new and used yachts sold between 36 feet to 45 feet was $238,000 according to the Boats Group Market Index of 2022.

When we’re looking at smaller yachts around 25 to 30 feet, these are unlikely to have cabins and so are considered day cruisers. Motor cruisers between 25 and 30 feet range from $70,000 for an almost-new model to well over $100,000 for a brand new one. Of course, yachts with smaller engines and simpler layouts will have considerably lower price tags, but those with premium finish and accommodations may cost much more—for example, a new Ranger 29 (pocket trawler) starts at over $350,000. See our guide to the different types of boats for a better understanding of what is available and what might be right for you. 

How much is a medium-sized yacht? (40 to 70 feet)

Mid-sized yachts that fall within the 40- to 70-foot category vary in price from around $250,000 to well beyond $4 million, a figure that depends on the size, model, finish, engines, and extras, as well as whether it’s a brand new boat or used. According to the Boats Group Market Index of 2022, the average yacht price in the United States of vessels 46 to 55 feet was $467,899 with 2,273 boats sold, while the average price for yachts in the 56 to 79 foot category was $1.18m with 997 sold in 2022. 

Yacht prices vary a lot depending on whether the yacht is new or used. As an example, the base price for a new Viking 58 is $4.1 million, a three-year-old model can be purchased for $3.5 million for, and a 10-year-old model for $600,000. Check out our new and used luxury yachts for sale on Rightboat for more comparisons. 

How much is a sailing yacht?

Long before the combustion engine was invented, yachts (or sailboats) graced our oceans for centuries. While these days we tend to think of yachts as the luxurious motor vessels that far outnumber their sailing counterparts, sailing yachts have their own class. As we’ve seen with motor yachts, the size, age, and finish of a sailing yacht will determine the price tag, with prices ranging from $5,000 to several million dollars—and much more for superyachts. The largest sailing yacht in the world is Sailing Yacht A , which cost an estimated $600 million and measures 470 feet in overall length. 

When referring to larger sailing yachts—and by larger we are talking about 100-foot yacht prices—there is a “rule of thumb” estimate of $1 million per 3 feet in length. So a 100-foot yacht may cost in the region of $30 million. But sliding back down the length ladder, it’s possible to pick up a small, used sailing yacht for a fraction of that. A 55-foot yacht that has been sailing for a few years may sell for around $700,000, whereas a new one could easily retail for $2 million or more. An older (30 to 40 years) sailing yacht of 30 to 35 feet might cost only about $25,000 while a brand new one might cost $250,000 and more. See what you can get for your money with our sailing yachts for sale on Rightboat. 

How much is a luxury yacht or superyacht?

Superyachts are some of the most luxurious vessels on the sea, and they don’t come cheap. As mentioned, yachts above 78 feet (24 meters) are accepted by many as superyachts; when they range up over 165 or 200 feet, some in the industry refer to them as megayachts. This term is still debated in some quarters, so you may hear yachts over 300 feet referred to as superyachts too.

Superyachts require a full time crew to manage them, and this adds considerably to the overall cost of running such a large vessel. Given that, how much does a superyacht cost? The costs vary, with some estimates of up to $1 million per foot of length to build a new top-of-the-line custom superyacht. Used superyachts will cost less than a new build, and you may be able to buy a 10-year-old, 90-foot superyacht for around $2.5 million—although most owners will engage in a significant and costly refit every 10 years. Models less than five years old will be closer to the $4 million mark, while a brand new one will cost around $9 million. Check out our listings for superyachts for sale all across the world. 

How much is a megayacht?

When we reach megayacht status, prices skyrocket along with the length of the vessels and the volume of the interiors. The largest megayacht in the world is currently Azzam, 590 feet long at a cost of $600 million to build. Yachts in this class are the most luxurious in the world, and feature large swimming pools, helicopter pads, huge guest and crew accommodations, beach clubs, and much more. The upkeep of vessels of this size can run to $20 million or more for the crew fees, fuel, mooring fees, insurance, food, and maintenance. If you want to set eyes on the world’s most astounding superyachts and megayachts check out our superyacht travel guide to where you might find them, or use our search to discover megayachts for sale . 

Written By: Samantha Wilson

Samantha Wilson has spent her entire life on and around boats, from tiny sailing dinghies all the way up to superyachts. She writes for many boating and yachting publications, top charter agencies, and some of the largest travel businesses in the industry, combining her knowledge and passion of boating, travel and writing to create topical, useful and engaging content.

More from: Samantha Wilson

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The Ultimate Guide to Small Boats: What Are Your Options?

Small boats offer a unique way to enjoy the water, whether you’re an angler, a day cruiser, or a weekend adventurer. They provide affordable entry points into boating while delivering versatile and personalized experiences. In this guide, we will explore different types of small boats, their key features, price ranges, and specs to help you decide which option best suits your needs.

Why Choose a Small Boat?

Small boats are ideal for those looking to get into boating without the commitment or expense of a large vessel. Some key advantages include:

• Affordability : Small boats generally cost less to buy and maintain.
• Ease of Use : Many are simple to operate, requiring minimal skill or certification.
• Maneuverability : Their smaller size makes them easier to navigate through tight spaces and shallow waters.
• Portability : Many small boats can be trailered or even carried by hand.
• Versatility : Suitable for a range of activities, from fishing to watersports.

Types of Small Boats

1. jon boats.

Jon boats are lightweight, flat-bottomed boats typically made from aluminum or polyethylene. They are favored by anglers and hunters because of their stability in calm waters like lakes and rivers.

• Specs : Range in length from 10 to 18 feet. Most models have a shallow draft, allowing you to navigate very shallow waters.
• Engine : Often powered by small outboard motors, though some are manually rowed.
• Capacity : Seats 2 to 4 people comfortably.
• Price : $700 to $5,000 depending on size and material.
• Easy to maneuver and transport
• Great for fishing in shallow waters
• Limited in rough waters
• Basic design without many features

2. Dinghies

Dinghies are small, open boats that can be powered by oars, small outboard motors, or sails. They’re commonly used as tenders to larger boats or for short-distance transportation in calm waters.

• Specs : Typically between 6 to 12 feet in length.
• Engine : Often powered by a small outboard engine (2-15 hp) or manually rowed.
• Capacity : Seats 2 to 6 people, depending on the size.
• Price : $500 to $2,000 for basic inflatable or hard-shell models.
• Versatile for various water activities
• Easy to transport (especially inflatable models)
• Often small enough to carry
• Not ideal for long-distance travel
• Vulnerable to capsizing in rough conditions

3. Inflatable Boats

Inflatable boats are constructed from durable rubberized fabric and are designed to be lightweight and easy to store when not in use. These boats are excellent for families or recreational boaters who need something compact and portable.

• Specs : 6 to 18 feet in length.
• Engine : Can be equipped with a small outboard motor or paddled manually.
• Capacity : Can carry anywhere from 2 to 8 people.
• Price : $200 to $5,000 depending on size, material, and brand.
• Extremely portable and easy to store
• Versatile for different activities
• Stable and buoyant
• Limited speed and power compared to rigid hull boats
• Requires inflation and deflation with every use

4. Kayaks and Canoes

These human-powered vessels are ideal for solo adventurers or small groups looking to explore lakes, rivers, and coastal areas. Kayaks are generally enclosed, while canoes are open-topped.

• Specs : Range from 8 to 17 feet for kayaks, and 12 to 20 feet for canoes.
• Engine : Paddled manually.
• Capacity : Kayaks are typically single or double-seaters; canoes can hold 2 to 4 people.
• Price : $300 to $2,500 depending on material and design.
• Perfect for exercise and exploration
• Low maintenance and affordable
• Suitable for quiet, peaceful waters
• Not ideal for open water or rough conditions
• Limited in speed and storage space

5. Jet Skis and Personal Watercraft (PWC)

Jet skis are small motorized vessels designed for high-speed thrills and are excellent for watersports enthusiasts. They offer a more adventurous experience compared to most small boats.

• Specs : Average length is 8 to 12 feet.
• Engine : Powered by an inboard jet drive with engine sizes ranging from 60 hp to over 300 hp.
• Capacity : Usually 1 to 3 riders.
• Price : $5,000 to $15,000 depending on the brand and engine power.
• Fun and fast; great for watersports
• Easy to tow on a trailer
• High maneuverability
• Limited storage space
• Not ideal for long trips or rough waters

6. Pontoon Boats (Small Models)

Pontoon boats are flat-decked boats that float on two or more aluminum tubes called pontoons. Smaller pontoon boats are great for families or groups who want a stable and comfortable ride on lakes or calm waters.

• Specs : Small models range from 12 to 20 feet.
• Engine : Outboard motors ranging from 25 hp to 90 hp.
• Capacity : Can comfortably accommodate 4 to 8 passengers.
• Price : $10,000 to $35,000 depending on size and features.
• Comfortable and spacious
• Great for family outings and relaxation
• Stable and safe
• Not suitable for rough waters
• Bulkier than other small boats

7. Center Console Boats (Small Models)

Center console boats are popular among anglers because of their 360-degree fishing capability and the central helm. Smaller versions provide versatility for both fishing and leisure.

• Specs : Typically 15 to 20 feet long.
• Engine : Outboard engines ranging from 60 hp to 150 hp.
• Capacity : Holds 4 to 6 people.
• Price : $15,000 to $40,000 depending on size and engine power.
• Excellent for fishing
• Good speed and power
• Limited in rough ocean conditions
• Not much shelter from the elements

How to Choose the Right Small Boat

When selecting a small boat , consider the following factors:

• Intended Use : Are you looking to fish, relax, or engage in watersports? Different boats serve different purposes.
• Water Type : Will you be boating in lakes, rivers, or the ocean? Choose a boat that’s designed for the conditions you’ll face.
• Budget : Small boats vary significantly in price. Determine how much you’re willing to spend, including maintenance, insurance, and storage costs.
• Storage and Transportation : Some boats can be easily trailered, while others may require a dock or mooring.
• Capacity : Consider how many people you’ll typically bring on board and make sure the boat can accommodate them safely.

Small boats offer a world of possibilities for boating enthusiasts, whether you’re after a leisurely cruise or a high-speed adventure. From affordable Jon boats to sporty jet skis, there’s an option for everyone. By understanding your needs and the specifications of each type, you can find the perfect small boat to get out on the water and enjoy the experience to the fullest.

Happy Boating!

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Read The Top 10 Winter Boating Destinations to Visit This Winter until we meet in the next article. 

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How Much Should I Pay For A Yacht?

By Robert Bowman | Posted On Dec 11, 2023 Updated On Apr 16, 2024

If you've reached the point in the process where you're considering exactly how much to pay for a yacht, then you have likely succumbed to the fact that your purchase is probably not going to be a smart financial investment. Let's face it, the moment you buy a new-to-you boat, the ancillary costs begin. Insurance, storage costs, maintenance costs, after-market equipment costs, fuel, and more begin to materialize.

1. What Classifies As A Yacht?

2. How Much Should I Pay For A Small Yacht?

3. How Much Should I Pay For A Mid-Sized Yacht?

4. How Much Should I Pay For A Large Yacht?

5. What Do Different Types Of Boats Cost?

6. What Does It Cost To Own A Yacht?

7. How To Price Your Yacht When Selling

One of the benefits of hiring a professional yacht broker is the information they can provide you ahead of time, giving you a complete picture of what to expect. They can also advise you on how much you should expect to pay for a yacht. When you hire a broker to work on your behalf, you are benefitting from all of their market knowledge gained through hundreds of transactions, along with the product knowledge of most builders and their models.

Asking how much you should pay for a yacht is a very broad question that needs to be narrowed down, as yachts may range anywhere from $20,000 up to $20 million or more. The yacht's size, power, equipment, condition, and even location, can all affect how much the sales price will be in the end. Even a boat built by the same manufacturer can have a difference of many hundreds of thousands of dollars for the same exact model based on several other factors, such as the hours on the engine or varying cabin layouts.

Before you make an offer on a yacht for sale you've found online, we highly recommend speaking with one of our professional yacht brokers that specializes in the type of boat you are interested in buying. Just the initial conversation may be enough to save you thousands of dollars in negotiations, as well as limiting any potential pitfalls.

What Classifies As A Yacht?

Ask anyone in the boating industry what classifies a boat as a yacht and you are likely to get many different answers. It's difficult to narrow down exactly what the cut-off is and what other characteristics come into play. For example, a 35-foot center-console could be a grey area. Most vessels at this size and price point would be considered a boat, however if it has substantial power, a large cabin, galley, bathroom, and other luxury amenities, it could easily fit into the yacht category.

The most commonly agreed upon size for a yacht is a minimum of 40-feet, but at some point around 100-feet in length, the vessel is commonly referred to as a superyacht. The definition of a superyacht does vary substantially, as some people refer to a 85-foot yacht as one. A superyacht becomes a megayacht at 200-feet. There are less than 6,000 privately-owned yachts worldwide that are over 100-feet.

How Much Should I Pay For A Small Yacht?

One of the great joys of owning a small yacht is that, assuming you have the necessary time at sea for the insurance companies, you can run the boat yourself. This allows for a greater level of privacy than if you have to have a fulltime captain on board. A small yacht can be defined as a boat under 65-feet, although this is a relative term to everyone's own experience and history.

It's also important to look at the current state of the yacht brokerage market. "Yacht prices are not what they were in 2021 and 2022," said Jeff Palmer , President of United Yacht Sales. "There isn't the same level of activity as there was 2 years ago, there are more price reductions happening, and you can generally get a better deal now than you could 12 months ago."

You can expect to pay between $450,000 - $500,000 for a smaller yacht on today's market between 40 and 60 feet. This is the average sold price of power boats in this range over the last 60 days (excluding sailboats). This range varied from the low end of $19,000 for an old 40-foot Chris-Craft cruiser to nearly $3.5 million for a Grand Banks Yacht. The average time the boats in this segment were on the market for sale was just under 6 months.

Examples of small yachts currently for sale:

• 2011 Sea Ray 580 Sundancer for $875,000
• 2009 Viking 50 Convertible for $1,199,000
• 2006 Meridian 459 MY for $319,000
• 2021 Valhalla V-41 for $959,000

How Much Should I Pay For A Mid-Sized Sized Yacht?

Just like the smaller boats, mid-sized yachts can also vary greatly when it comes to capabilities, reputation, accommodations, and of course, their selling price. A medium sized yacht in terms of size, would range from 60 to 80-feet in length and have a beam from 15 to 21-feet. These dimensions offer significantly more space on board for multiple bedrooms, bathrooms, and other amenities.

You can expect to pay between $1 million - $1.5 million as an average price for a mid-sized motor yacht . Again, this is the average range over the last few months in the U.S. market. These pre-owned yachts stayed available for sale just over 7 months on average. If you're buying a yacht in this range, it is highly recommended that you enlist the help of an expert, professional yacht broker as there are many potential pitfalls along the way.

Examples of mid-sized yachts currently for sale:

• 2017 Riva 76 Perseo for $3,395,000
• 2008 Hampton Endurance 700 for $1,695,000
• 1999 Horizon 64 for $457,000
• 2004 Viking 61 Convertible for $749,000

How Much Should I Pay For A Large Luxury Yacht?

Once you move into the larger yacht category over 80-feet, there any many different things to take into account. You will need a captain, a crew, a substantial slip at a marina, insurance, and more. This is where hiring a reputable, professional yacht broker is a necessity. At United Yacht Sales, we have many superyacht brokers that specialize in vessels of this size and can assist you every step of the way. Our closing team is also very experienced in dealing with bringing a yacht into the U.S. when flagged on a foreign country.

You can expect to pay between $5.5 million and $7 million, on average, for a yacht between 80 and 130-feet. That is a pretty wide gap so speaking with your broker about narrowing down your size range and price range is a must. Most of the yachts in this size range stayed on the market for about 6 months, but can be longer depending upon how big the yacht is and how expensive.

Examples of luxury yachts 80-feet+ currently for sale:

• 2019 Benetti 140 for $19,985,000
• 2012 Sunseeker 131 for $14,490,000
• 2022 Majesty 120 for $15,372,802
• 2010 Horizon 101 for $4,249,000

What Do Different Types Of Boats Cost?

The size and age of your boat do play a part in the overall price you will pay, whether new or used, by the type of yacht it is can also affect the final number. Some types of boats are more popular than others, while some require extra gear and equipment. Sportfishing boats for example generally need to come with things like a Seakeeper, extra plumbing for live-wells, outriggers, insulated fish boxes, ice chippers, and more. Just like the overall market itself has a wide range of prices, the clarity does not improve by narrowing down what type of boat you want. 

Here Are Examples Of What You Can Expect To Pay For Boats By Type: (Last 90 days)

• The average price of a motor yacht is $736,684
• The average price of a sportfishing yacht is $541,699
• The average price of a downeast boat is $360,604
• The average price of a power catamaran is $459,590

What Does It Cost To Own A Yacht?

The purchase price of your yacht is only part of the equation as your broker will help to explain. The cost to own a yacht can also be substantial and needs to be well-thought out before entering into a contract. "The cost of ownership for a 60-foot, $1 million yacht is going to be about 10% of its value, or $100,000 per year if it's over ten years old," said Peter Schmidt, Founder of United Yacht Sales. 

It's important that you invest in the upkeep and maintenance of your yacht after purchase. Someday you will go to sell that boat and being able to prove to the new potential owners that it was well cared for is important. We always recommend either hiring a professional captain or management company to take care of your investment. Keeping all service records and maintenance history in an organized place can mean the difference between your boat selling or sitting for several months at the dock.

How To Price Your Yacht When Selling

Coming up with the asking price when selling your yacht can be a difficult process. While you don't want to leave any money on the table by pricing too low, you also don't want your yacht sitting on the brokerage market for over a year. Less popular manufacturers, boats with a history of issues, and even the location you keep the boat can affect the cost. 

Most boat owners look on different boating websites to try and find similar boats to theirs and see what they are priced at. While looking at what's available on the current market can certainly give you an idea what you can ask for it, there are many flaws that can affect the sale. Are the boats on the market priced to sell or priced high to see what they can get? Do they have the same power and equipment? What are their damage or service histories?

Hiring a professional yacht broker to help you decide what price to sell your yacht for can take the stress out of the process. A professional broker will have access to more sold boat information than the average owner and has a network of other brokers in the industry that they can call on to get their sales history on similar boats.

ABOUT UNITED YACHT SALES

United Yacht Sales has the world's largest network of boat buyers and sellers in the industry, thanks to our team of over 250 yacht brokers in 104 different locations. Whether buying a luxury boat or selling one, we have the right expert on staff to assist you in navigating the brokerage market for your type of yacht. If you're looking at selling a boat, there is no quicker way to get activity than listing it with United. Our entire team is immediately notified every time a listing agreement is made with United Yacht Sales and many boats are sold before they ever even make it online. Our support team is among the best in the industry at marketing your yacht. 100% of our marketing budget goes towards advertising our clients' listings, a claim not many other firms can make. To get started listing your yacht, fill out our online form What's My Yacht Worth ?

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How Much Does a Yacht Cost? The Average Prices and Costs of Yachts

The UK has a long, rich maritime history and, as such, the yachting industry thrives in this country. Sailing is a popular hobby or pastime for many people, and for others it’s very much a lifestyle.

If you’re in the latter category, you might be looking to buy your own and be contemplating the cost of a yacht. There’s a huge variety of vessels available – from motor yachts to a sporting yacht – and the sheer amount of choice and variety of yacht sizes can seem bewildering.  There are also a number of additional costs to consider, such as  yacht insurance . This is something we can help you with at Admiral Marine.

How Much Does a Yacht Cost? The Average Price of a Yacht in the UK

While yachts are often regarded as synonymous with luxury, in reality they come in a startling range of sizes, designs, and prices. The average cost of buying a yacht in the UK varies considerably, according to a number of factors.

Whether you’re looking to buy a used vessel or a brand-new yacht, as well as the size and type of yacht you want, will all partly determine the price you’ll pay.

Designed by Freepik https://www.freepik.com/

How Much is a Small Yacht?

At the cheaper end of the market, you should expect to pay a minimum of £10,000 for a small sailing model which will be functional but modest, with the price rising to £50,000 or more for a new, more sophisticated, motorised yacht.

If you’re looking for something more spacious with a range of additional features, mid-range yachts in the UK are often priced between £50,000 and £500,000. These boats may come with more advanced navigation equipment, refined interiors, and extra amenities. These are more suitable for experienced sailors who are prepared to spend more on their passion.

Larger, motor-driven yachts will set you back hundreds of thousands of pounds. For example, a new 50-foot yacht costs upwards of £200,000, whereas a 70-foot yacht or 100-foot yacht will set you back anywhere from £1 million to many times that sum.

How Much Does a Super Yacht Cost?

In terms of top tier yachts – or “super yachts” – these can cost millions or even tens of millions of pounds and upwards. These vessels are often enormous (ranging from 120 feet to 300 feet in length). They epitomise luxury and may have multiple decks, along with swimming pools, helipads and sophisticated entertainment facilities.

Yacht servicing and maintenance: the costs involved

While the upfront cost of buying a yacht is substantial, there are a number of supplementary fees that apply to yacht ownership. You can expect to pay between 5% and 10% of the yacht’s initial purchase price on such annual costs. Here are a few to consider:

• Insuring your yacht is essential and the price will vary according to its value, its size and its intended function. We can provide insurance for a variety vessels, including  sailing yacht insurance and motor boat insurance . Contact us now to receive a  bespoke quote .
• Maintaining your yacht. Additional costs might come in the form of engine servicing or repairs.
• Finding the right place to dock your yacht is crucial and can be expensive, particularly in popular marinas. Annual mooring fees vary considerably depending on the location and the size of the vessel.

Owning a yacht is an aspiration for many people, but it’s important to bear in mind the costs associated with buying one.

You should begin your search having already established a rough budget, the size of the vessel you’d like to purchase and what you’ll principally be using it for. Otherwise, the yacht market can seem overwhelmingly diverse, making it difficult to choose the right model for you.

What is the average price of a yacht?

The average price of a yacht in the UK is difficult to determine due to the variety on offer. A yacht can cost anywhere from around £10,000 to several million pounds before you start to get into super yacht territory. That said, a mid-sized sailboat should cost you between £50,000 and £100,000.

What is the price of a luxury yacht?

The price of a luxury yacht depends on whether you’re looking for a high-spec sailing vessel or a “super yacht”. For the former, the price will be upwards of £1 million, while the latter could exceed £100 million.

How much does a yacht cost to rent?

The cost of renting a yacht varies enormously, depending on what sort of vessel you’re looking for. A mid-sized motorboat or sailing yacht costs around £400 – £1,600 per day, while a much larger, luxury yacht could easily cost around £10,000 per day.

Header Image Designed by Freepik https://www.freepik.com Yacht servicing and maintenance: the costs involved

Admiral Marine is a trading name of Admiral Marine Limited which is authorised and regulated by the Financial Conduct Authority (FRN 306002) for general insurance business. Registered in England and Wales Company No. 02666794 at 1st Floor, One The Square, Temple Quay, Bristol, BS1 6DG

If you wish to register a complaint, please contact the Compliance and Training Manager on  [email protected] .  If you are unsatisfied with how your complaint has been dealt with, you may be able to refer your complaint to the Financial Ombudsman Service (FOS).  The FOS website is  www.financial-ombudsman.org.uk

+44 (0)1722 416106 | [email protected] | Blakey Road, Salisbury, SP1 2LP, United Kingdom

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Starmer hails Italy success targeting 'vile' human trafficking trade across the Med at source in North Africa

Sir Keir Starmer has hailed Italy's "dramatic" reduction in migrants risking their lives crossing the Mediterranean to reach the southern European country.

The Prime Minister stressed that the fall of around two thirds in the number of migrants embarking on this sea route looks to be the result of "upstream" work.

Sir Keir, who had flown to Rome for talks with Prime Minister Giorgia Meloni, also did not rule out an Italian-style asylum claims’ processing system in Albania.

Asked how the UK could replicate Italy's Albania deal, the Prime Minister told broadcasters in Rome: "I'm here to have discussions, here at this co-ordination centre and with the Prime Minister (Giorgia Meloni) about how we deal with unlawful migration.

"Here there's been some quite dramatic reductions. So I want to understand how that came about.

"It looks as though that's down to the upstream work that's been done in some of the countries where people are coming from."

He added: "I've long believed, by the way, that prevention and stopping people traveling in the first place is one of the best ways to deal with this particular issue.

"So I am very interested to know how that upstream work went, looking, of course, at other schemes, looking forward to my bilateral with the prime minister this afternoon, but we've already got a shared intent to work together on this trade, this vile trade, of pushing people across borders."

Earlier, Home Secretary Yvette Cooper had confirmed that Britain is looking at an Italian-style asylum claims’ processing scheme in Albania, as more migrants are dying in desperate attempts to cross the Channel to reach Britain.

The Home Secretary stressed that the focus of the Government’s actions was currently on smashing the criminal gangs behind the human trafficking trade.

But she also confirmed that the UK and Italy are seeking to co-operate on multiple fronts.

Ms Cooper told BBC Breakfast: "There are four different things that the Italians are doing that we're interested in.

"The first is the work that they are doing around organised immigration crime. That's the work that we are substantially gearing up, where we will be doing a huge technology upgrade as well, and where we want to work with Italy, with Germany, with other European countries, with France as well.

"The second thing they're doing is they're working with other countries upstream to prevent people leaving North Africa in the first place...working with Tunisia, we think we should be part of those international co-operations as well.

"The third thing they're doing is major returns. So they're speeding up returns for those who don't have a right to be there. We've been doing that through the summer as well, so we've had a substantial increase in returns for people who don't have a right to be in the UK, because the rules need to be respected and enforced.

"The fourth thing they're doing is the Albania programme, but that hasn't started yet, so we'll need to see what that does. It's very different from the Rwanda partnership that the UK government had, and we'll have to see how that plays out."

But Ms Cooper stressed that Italy's planned third-country processing deal with Albania is "very, very different" from the previous UK government's Rwanda scheme.

The Home Secretary told Good Morning Britain: "It's very, very different. So the arrangement that they have in place - and look, it's not working yet, so we don't know how it will play out - but it is a very, very different approach.

"First of all, this is Italian processing taking place in Albania. It has UNHCR oversight, so it is being monitored to make sure that it meets international standards.

"It's being done in cooperation between those two countries, and what they're actually doing is looking at those people who arrive in Italy, who have come from predominantly safe countries, and they're using it as a way to try and fast-track decisions and returns.

"Now we think there is another way we can fast-track decisions and returns for people who arrive from predominantly safer countries.

"We should be fast-tracking those cases. We should be making sure you don't have people spending years in the asylum system, which ends up being hugely costly, hugely chaotic. That's the system we've inherited."

Ms Cooper also told how former Met Police chief Martin Hewitt is to play a key role leading Britain’s fight to make migration crime gangs behind cross- Channel crossings “pay the price” for the impact of their human trafficking trade, including rising fatalities.

Ahead of the talks with Ms Meloni, Sir Keir said Mr Hewitt, a former chair of the National Police Chiefs’ Council and ex-Assistant Commissioner at Scotland Yard, would run a new Border Security Command which would be empowered to lead joint investigations with other countries.

Mr Hewitt also oversaw the UK’s enforcement of lockdown laws during the Covid-19 pandemic.

Speaking on Monday morning, Ms Cooper said: “Martin Hewitt who was a former police chief and former army officer has huge experience around law enforcement.

“He will lead the new Border Security Command which is bringing together Border Force , the National Crime Agency, police forces, intelligence and security agencies, but also crucially working with European law enforcement in order to go after the criminal gangs and to make sure that they pay the price.

“They are getting away with this at the moment.

“It’s deeply damaging.”

On Sunday, French authorities said eight people had died trying to cross the Channel after their boat got into difficulty, bringing the death toll in attempted crossings to 46 since the start of the year.

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