how big is a 1 million dollar yacht

Luxury & Performance: 5 Motor Yachts Under $1 Million Ready for Adventure on the Water.

Jun 23, 2023

Luxury yachts are every seafarer’s dream, but they don't have to remain a dream. With careful planning and research, you can find a luxury yacht that fits your lifestyle. Here are 5 luxury yachts under $1 million available right now:

1. D’PADRON - 2013 AZIMUT 58 FT FOR SALE (pictured above)

The D’PADRON is a sleek and stylish yacht that offers the ideal blend of luxury and comfort. This 58-foot Azimut boasts state-of-the-art amenities, including an open salon, a fully equipped galley, and three comfortable staterooms, and the flybridge offers a relaxing and spacious outdoor area that can seat up to 10 guests. The D’PADRON is priced at $849,000, making it an excellent choice for those looking for a high-quality yacht to begin their nautical adventures.

2. SATISFIED - 2008 SEA RAY 60 FT FOR SALE

SATISFIED is an elegantly designed and well-equipped 60-foot Sea Ray yacht with plush interiors and impressive performance capabilities. With its three luxurious staterooms, spacious salon, and well-equipped galley, this yacht is perfect for family getaways and weekend outings. Additionally, the vessel comes with a hydraulic swim platform, tender garage, and fully equipped flybridge, for the ultimate luxury yachting experience. You can purchase this stunning yacht now for $849,000.

3. COCONUTS - 2022 TIARA YACHTS 38 FT FOR SALE

With its innovative design and excellent performance, COCONUTS is a splendid 38-foot vessel from Tiara Yachts. The vessel offers a spacious layout, including a cozy salon, a fully equipped galley, and two comfortable staterooms. The outdoor experience is equally impressive, with a large cockpit and sun pad perfect for soaking up some rays. This stunning yacht can be yours for $765,000.

4. ANDI LYNN - 2019 INTREPID 40 FT FOR SALE

Last on our list is the ANDI LYNN, a 2019 Intrepid 40-foot center console yacht that offers both luxury and performance. This yacht has a modern, sporty look and comes equipped with a spacious cockpit, comfortable seating, a fully equipped galley, and a cozy salon. The vessel's performance capabilities are also remarkable, thanks to fast and reliable outboard engines. You can purchase this stunning yacht for $665,000.

5. JOURNEY - 2016 TIARA YACHTS 45 FT FOR SALE

JOURNEY is a 45-foot flybridge from Tiara Yachts that oozes luxury and elegance. Launched in 2016, this yacht is well-appointed with a spacious salon, fully equipped galley, and two comfortable staterooms. With ample indoor and outdoor seating options, the yacht's flybridge deck sports a wet bar, grill, and comfortable seating. You can purchase this sports yacht today for $735,000.

These yachts offer a range of options for individuals looking to enter the world of luxury yacht ownership. Each provides an exceptional experience by combining state-of-the-art amenities with the comfort of being on the water. Owning these high-quality yachts would be a dream come true for any nautical enthusiast.

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As Far As You Can Sea: World’s Largest Superyachts

Multimillion-dollar mega yachts.

by Emma Treagus Updated on May 22, 2024

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With onboard swimming pools, cinemas, helicopter landing pads, and spas, the world’s largest superyachts have more facilities than your ‘average’ five-star hotel.

Owned by some of the world’s wealthiest people—along with a few anonymous owners who’d prefer to keep their luxury transport a secret—these mega yachts redefine the word “boat” into something indescribably sleek, stylish, and seriously impressive. 

If superyachts are your thing, you’ll want to read on for all the facts and figures on all of the largest yachts in the world.

The 26 largest yachts in the world

Multimillion-dollar mega yachts: Our ranking methodology

A superyacht or mega yacht is typically a motor yacht or sailing yacht with a length of 30 meters (100 feet) or more. For this ranking, we looked at the superyachts and luxury expedition mega yachts that are used privately or made available for charter. We excluded so-called ‘residential superyachts’ (think Njord and The World), which are essentially luxury apartment buildings at sea where people own private residences inside the superyacht rather than the whole yacht. By researching diverse, reliable sources like Wikipedia and the Superyacht Times, we compile a list of the largest yachts in the world.

Curious about other striking superlatives? Check our round-up of the most expensive cars in the world and the most expensive private jets in the world . They are both perfectly good alternatives to owning a yacht. And if you prefer to stay home, we’ve ranked the biggest homes and the most expensive houses in the world to give you some inspiration too.

26. Y721 (aka Koru) | 417 feet—127m

Ever wonder where Jeff Bezos spends his downtime? As of today, we’re predicting it to be on his $500 million superyacht. Y721—nicknamed Koru—is 127m long. And featuring three sky-high slender masts, Koru is said to be the largest sailing yacht in the world . 

With dark exteriors and natural wooden decks, Koru is inspired by another one of Bezos’ yachts—the Black Pearl. The clean lines and classically curved bow speak to an understated elegance despite the yacht’s mammoth size. While a long line of portals indicates at least 9 guest cabins. In light of all the secrecy surrounding Koru, we doubt Bezos will ever charter her out, but we can still dream.

25. Al Mirqab | 436 feet—133m

Adorned with cascading chandeliers and gold accents, Al Mirqab is renowned for its unrivaled interiors. Surrounded by suspended glass artworks, a grand staircase floats throughout the four floors. And inspired by authentic Arabian styles, the magnificent superyacht is reminiscent of a magic carpet ride through the seas . 

Built for the former Prime Minister of Qatar, Peterswerft-Kusch spared no expense in delivering Al Mirqab to an impossibly high standard for luxury. The large swimming pool is a standout feature as it opens up into the sea, creating the ultimate playground for adults. Al Mirqab has a capacity for up to 60 guests and is manned by an equal number of crew. Although you have to be invited by the politician himself as Al Mirqab isn’t available for private charter.

24. Serene | 439 feet—134m

Adeptly named, the magnificent superyacht embodies the serenity of a life at sea. Serene was built in Italy for a Russian owner in 2011. She was leased to Bill Gates for the Summer in 2014 for $5 million per week. 

Designed by Reymond Langton, the 134m mega yacht marries elegant sophistication with state-of-the-art technologies. The seven decks leave ample space for guests to soak in scintillating views. While the underwater viewing room—nicknamed the Nemo room—is a permanent gallery of resplendent sealife. The real-life snow room makes up to four inches of snow. And whilst this may seem odd when your billionaire boss asks for snow—you make it snow.

23. Crescent | 445 feet – 136 m

Yet another Lurssen masterpiece, Crescent pays homage to classic naval designs with traditional architecture and elegant interiors. Formerly named Project Thunder, she was built in Germany and delivered to Igor Sechin in 2018. The Russian oligarch’s superyacht was seized by Spain after sanctions were placed on Russia in 2022. 

Crescent features low bulwarks and full-height windows to maximize the view from the center of the boat. Her distinctive wing station provides unrivaled views for up to 18 guests. But don’t get your hopes up—Crescent is strictly for private use only and isn’t available for charter. 

22. Savarona | 446 feet – 136m

Savarona is the second-largest yacht built by Blohm & Voss and spends most of her time in the Mediterranean. This luxury superyacht is one of the oldest in the market — a perfect fusion of traditional charm and modern facilities. 

Previously named Gunes Dil, Savarona was designed by Cox & Stevens, with interior design carefully handled by Donald Starkey. She’s available to charter on a weekly basis and has been refurbished over the years. Back in the day, her cost price was $4 million, and in 1989, she was chartered by Kahraman Sadikoglu, owner of the Turkish Sadikoglu Group, who spent an estimated $50 million on refurbishing her from top to bottom.

21. Flying Fox | 446 feet – 136m

Flying Fox is known as the most expensive charter yacht in the world , and a week aboard will set you back around $3 million. Chartered by the one and only power couple Beyonce and Jay-Z in 2021, it’s filled to the brim with all of the luxury facilities you could ever possibly want. 

The Flying Fox is rumored to be owned by Jeff Bezos, although that’s a claim that’s never been totally certified. She spends most of her time in the Mediterranean, specifically Cannes, Capri, and Sardinia, although she’s recently visited Norway, too. She can accommodate the largest helicopters on the market, and it reportedly took more than 50 meetings with her owner for interior design to be completed.

20. Rising Sun | 454 feet – 138m

The Rising Sun’s original owner, Larry Ellison, CEO of Oracle Corporation, sold her in 2010 as he considered her too large. Famously used by David Geffen for self-isolation, Rising Sun has also been a popular hang-out spot for celebrities like Oprah Winfrey and Beatrice, the Princess of York. 

She’s a Superyacht with impressive attention to detail like interiors kitted out in teak and onyx and endless features like a full gym, a large wine cellar, a sauna, and a spa. She’s got a full-size basketball court that doubles up as a helicopter landing pad and a private cinema for those long evenings spent at sea.

19. Al Salamah | 457 feet – 139m

Al Salamah is part of the Omani Royal fleet and started her very secretive life in Genoa. Known as the world’s biggest superyacht right up until 2016, she’s a sleek masterpiece of a ship, with a distinctive cream color and beach club design. 

Al Salamah does everything in multiples, from the five galleys onboard (the main galley, a bakery, a crew galley, an owner’s diet galley, and an Arab galley), three hospitals (one for the owner, one for guests, and one for the crew) and 2,000 sqm of floor space. She was put on sale briefly for $280 million USD, before being delisted and instead given as a gift to the Crown Prince of Bahrain. 

18. Solaris | 458 feet – 139m

Everything about Solaris was supposed to be kept a secret when she was being built—a secret that didn’t last long when her huge size was spotted undergoing sea trials in the North Sea. One of this Superyacht’s main attractions is her beach club on the top floor: the perfect spot for relaxation during those long days out at sea. 

That beach club comes complemented with endless other stylish amenities, like a large helipad, sun deck, and a crane to launch tenders, toys, and subs. Interior design is largely unknown, but, if it’s anything as sleek and white as its exteriors, it’s sure to be impressive.

17. Scheherazade | 459 feet – 140m

Two helicopter landing pads, two outdoor Jacuzzis, and two outdoor fire pits: Scheherazade doesn’t hold back with not only the essentials but also the luxuries. Previously named Lightning, “Scheherazade” is mostly associated with a female character in the Middle Eastern folk tales in the series One Thousand and One Nights. 

Not much is known about this superyacht, and even her birth and building process were referred to under a codename: Project Lightning. No one involved in her creation, even Lurssen, has revealed anything about her interiors or her owner. All that’s really known is that she sailed from Germany to Norway initially after completion. 

16. Ocean Victory | 460 feet – 140m

Ocean Victory has traveled all over the world, from Europe to Southeast Asia and back again. Owned by Russian billionaire Viktor Rashnikov, she’s the upgraded vessel to follow his purchase of the 76-meter Ebony Shine. 

She’s one designed with pure luxury in mind, from the six individual swimming pools onboard to the 300-square meter spa area. She’s beautiful both inside and out, with a unique concept designed by Espen Oeino and interior designer Alberto Pinto. The largest superyacht ever built in Italy, Ocean Victory shows some of the finest in the world when it comes to premium quality adventures at sea.

15. Yas | 463 feet – 141m

Yas is known best for its seamless and rather unusual design — one that’s a little different from most superyachts out there. The owner of Yas wanted a yacht that lived up to his own heritage; one with a backbone reminiscent of the navy and with abstract lines throughout. 

He chose an existing boat in Abu Dhabi, which was deconstructed within the region before being shipped off and renovated into the wonder that it is today. The Yas yacht was originally a Dutch navy frigate, which you’d never guess from strolling around onboard today.

14. Nord | 465 feet – 142m

Nord’s distinctive bow design has never been seen before on a yacht. That’s one of the first things you’ll notice about her. The next thing you’ll notice is her unusual design, which verges on battle-esque and has been called “ a warship wearing a tuxedo ” by Dan Lenard of the Italian design studio Nuvolari-Lenard. 

She’s one of the best superyachts out there for fun, with a sports and diving center on the lower deck, a swimming pool higher up, overlooking the ocean, and a fleet of tenders. She was designed for global exploration: a yacht that will calmly cruise her way all across the world.

13. Sailing Yacht A | 469 feet—142.8m

Challenging the status quo and pushing design boundaries, Sailing Yacht A is an enigma. The sail-assisted superyacht was built in Germany and delivered to Russian tycoon Andrey Melnichenko in 2017. However, she was seized by the Italian police force, Guardia di Finanza, in 2022 after sanctions were placed on Russian businessmen following Russia’s invasion of Ukraine. 

Distinguished by soaring rotating carbon fiber masts, Nobiskrug’s hybrid approach to superyachts makes Sailing Yacht A more eco-conscious than other luxury yachts of her size. The u nderwater viewing pod molded into the keel speaks to her unrivaled innovation. And many balconies are enclosed by some of the largest pieces of curved glass ever made. 

12. El Mahrousa | 478 feet – 146m

El Mahrousa had a few different names in her time, ranging from the translated “The Protected” to El Horreya, which in Arabic translates to “Freedom.” It’s not surprising that she’s had more than one name when you take into account her age. As the oldest superyacht in the world, she’s undergone a lot of restoration over time, including multiple lengthenings and faster engines. 

She was renamed back to El Mahrousa in 2000 and gained even more recognition for being the first ship to cross the new Suez Canal extension in 2015. Back in her original days, she was built on the River Thames and took her first trip in 1867.

11. OK | 479 feet—146m

Delivered in Japan in 1982, OK is one of the largest and most unique superyachts in the world. Sprawling over 479 feet, the water giant is engineered to submerge almost seventy percent. This is accredited to the work done by Karmarine Shipyard. While the majority of the vessel was built by Oshima Shipping, it was privately converted to a semi-submersible yacht in Turkey. 

The superlative finishing on OK superyacht was designed by Timur Bozca, winner of the Younger Designer of the Year award in 2015. The blueprint being as many games as possible. The extraordinary vessel has the uncanny ability to hold over seventy toys, including a sailing yacht, a sea plane, tenders, buggies and even a tennis court.

10. Opera | 480 feet—146.4m 

Like many of the most majestic water titans, Opera was delivered by Lurssen in Germany and built for Abu Dhabi royalty. This time, the owner is Sheikh Abdullah bin Zayed Al Nahyan, son of the founder of the United Arab Emirates. And while it may not be quite as astronomical as Lurssen’s previous builds—Azzam, Blue and Dilbar—the streamlined vessel is equally impressive onboard. 

The three-story superyacht proves large enough for a pair of helipads and two swimming pools, amongst many other toys, while simultaneously making room for up to 48 guests and 80 crew members. When it comes to the interior, details are sparse, but we do know that it was designed by Terence Disdale, a London firm renowned for creating bespoke luxury spaces. 

9. Prince Abdulaziz | 482 feet – 147m

The Prince Abdulaziz’s yacht was ordered by King Fahd, who named her after his son Prince Abdul Aziz. Now, she’s owned by his brother, Abdullah. Just one of the yachts owned by the Saudi royal family, she’s spotted frequently throughout Europe, especially in Cannes, where the royal family owns a property. 

She’s been redecorated once — in 2007 — in a project that took 15 months to complete, without even taking into account the rest of the ship’s upkeep. The Prince Abdulaziz is known for its combination of bold colors and fusion of traditional and modern design, thanks to its influence from the late David Hicks.

8. A+ | 483 feet – 147m

What do you do when the name “A” is already taken for your superyacht? Choose the next closest thing: A+. Previously named Topaz, this superyacht was the world’s fourth-largest luxury yacht when she was built, before being stripped of that particular title only a few years later. 

Nevertheless, she’s a seriously impressive superyacht, with endless facilities like a large jacuzzi, double helicopter landing pads, a swimming pool with a swimming platform and underwater lights, as well as a fitness hall, cinema, and a large conference room. She’s also well equipped with water toys, like jet skis, inflatable boats, a catamaran, and even a mini-submarine.

7. Al Said | 508 feet – 155m

Another Superyacht built, shrouded in secrecy, Al-Said was referred to as “Project Sunflower” the entire time she was being created, right up until she was delivered to her owner in 2008. Not much is known about Al Said, from her movements through to her amenities — although she is known to have a huge concert room with space for a full 50-person orchestra. 

Currently, she’s flying the flag of Oman and has spent a lot of time in its surrounding waters. Her interior was styled by British designer design house RWD, with exterior design being credited to Espen Oeino. When she was delivered to the Sultan of Oman, she replaced a previous ship of a smaller size. 

6. Dilbar | 511 feet – 156m

Dilbar, or Project Omar, as it was originally known as, is another superyacht designed with the help of exterior expert Espen Oeino, but with interiors strikingly designed by Andrew Winch. Dilbar is famously known as the world’s largest yacht by gross tonnage (interior volume) but as the fifth-longest superyacht in the world. 

She’s home to a spa pool and beach club, as well as a large private cinema, spacious cabins set high on the main deck, a spacious dining room, and a salon with its own piano. She’s just as classy and beautiful on the inside as she is on the outside.

5. Blue | 527 feet—160.6m

Sunday blues simply cease to exist on one of the world’s most extravagant superyachts. The elegant behemoth was built for member of the ruling family of Abu Dhabi and billionaire, Sheikh Mansour bin Zayed Al Nahyan in 2022. Valued at over $600 million, Blue is one of the most expensive superyachts in the world. And with a strong emphasis on the environment, this superyacht is also one of the most sustainable. 

Blue strives to be as environmentally friendly as possible. She is equipped with a highly efficient Diesel-Electric Hybrid Propulsion Concept developed by Lürssen’s own engineering specialists. And the wastewater treatment plant allows water to be disposed of in drinking water quality.

4. Dubai | 531 feet – 162m

Dubai had multiple names in the planning stages—including Panhandle, Platinum, and Golden Star. Owned by the ruler of Dubai, it was aptly named after its home country and comes with all of the luxurious amenities you’d expect from such a name. 

The Dubai comes complete with a huge swimming pool and two jacuzzis. Further down, you’ll find a large dining room with striking blue and burgundy decor and space for up to 90 guests. Dubai usually spends her time moored at Sheikh Mohammed’s private island in front of his summer palace in Dubai. She’s basically the definition of a floating palace.

3. Eclipse | 533 feet – 162.5m

It took around five years for Eclipse to be built from start to finish. While she was always designed to be a huge, luxurious Superyacht, the focus was more on decking it out appropriately rather than breaking any records. An award-winning superyacht, she’s incredibly spacious, with endless rooms to explore and a sleek, neutral color palette running through. 

The Eclipse’s owner, Roman Abramovich, was more focused on facilities: he wanted more than one helicopter pad and a large swimming pool, too. Other than that, designer Terry Disdale had free reign for the rest of the superyacht. It’s just as much a clean piece of architectural styling as it is a stunning experience on deck.

2. Fulk Al Salamah | 538 feet – 164m

Fulk Al Salamah translates to “Ship of Peace” and that’s something that sounds like a given when you’ve taken a look at this superyacht’s incredible layout. Developed under the codename Project Saffron, Fulk Al Salamah is more of a support vessel than she is a typical superyacht. 

While she might still come complete with all of the necessities for a particularly relaxing voyage, she’s more so known for being a transport ship for the Royal Navy of Oman. She’s also used as a sort of friendship boat — pun intended — and is often sailed across the world with the intention of strengthening ties with the Sultanate. In some ports, influential people are welcomed onboard.

1. Azzam | 590 feet – 181m

Most superyachts in the top 10 category have a few mere inches between sizes, but the Azzam shoots far ahead with a large amount of extra length. The largest superyacht in the world, she was never designed to win the title — rather just to be a sleek and elegant vessel. Azzam was crafted backward, with the plans for her interior confirmed long before her exterior was fully signed off. 

Her length only came to be as such to incorporate everything required for the interiors, which added an extra 35 meters to her overall size. She’s also designed to look smaller than she actually is, with a blend of indoor and outdoor living. It took more than 4,000 people to build Azzam , clocking up six million man-hours over a period of four years.

The largest yachts in the world: Conclusion

The largest yachts in the world are:

• Azzam—590 feet
• Fulk Al Salamah—538 feet
• Eclipse—533 feet
• Dubai—531 feet
• Blue—527 feet
• Dilbar—511 feet
• Al Said —508 feet
• A+—483 feet
• Prince Abdulaziz—482 feet
• Opera—480 feet
• OK—479 feet
• El Mahrousa—478 feet
• Sailing Yacht A—469 feet
• Nord—465 feet
• Yas—463 feet
• Ocean Victory—460 feet
• Scheherazade —459 feet
• Solaris—458 feet
• Al Salamah—457 feet
• Rising Sun—454 feet
• Flying Fox—446 feet
• Savarona—446 feet
• Crescent—445 feet
• Serene —439 feet
• Al Mirqab—436 feet
• Y721 (aka Koru)—417 feet

The most expensive yacht in the world

The fact that the History Supreme, the world’s most expensive superyacht, comes coated in gold, is only part of the reason for its high cost. A superyacht with a real-life Midas touch, it was sold to an anonymous Malaysian businessman for $4.8 billion. 

Robert Kuok, the richest Malaysian businessman, is the rumored owner of History Supreme, but no one has confirmed for sure. The History Supreme also comes with plenty of other impressive touches: a master bedroom decked out in platinum, a wall feature made from meteoric stone, and a genuine T-Rex dinosaur bone, to add to the list. 

She took three years to build from scratch and comes with 10,000 kilograms of solid gold and platinum. Other seriously luxe features are her 68 kilograms 24-carat gold Aquavista Panoramic Wall Aquarium and a liquor bottle adorned with a rare 18.5-carat diamond . The base of the vessel comes wrapped in gold, too.

Frequently asked questions about the world’s largest yachts

The largest yachts in the world are owned by Sheikh Khalifa bin Zayed Al Nahyan, Sultan Haitham bin Tariq, Roman Abramovich, Sheikh Mohammed bin Rashid Al Maktoum, and Alisher Usmanov. Our guide tells you more about all the biggest yachts in the world .

At 417 feet (127 m), Amazon founder Jeff Bezos’ sailing yacht, Koru (formerly Project Y721), is one of the world’s largest yachts.

The 181-m (590 ft) Azzam is the world’s longest yacht in length, but the 156-m Dilbar has a much larger internal volume (measured in Gross Tons) at 15,917 GT (Gross Tons) versus 13,136 GT for Azzam. As such, Dilbar is the world’s largest yacht in volume. Read our full guide to discover the largest yachts in the world .

The biggest yacht in the world is the Azzam , which has an estimated cost of $600 million. She’s owned by Sheikh Khalifa bin Zayed Al Nahyan and is not currently for sale.

In terms of the number of megayachts, the largest superyacht-owning country is the United States. Nationality-wise, beyond American, an increasing percentage of superyacht owners are Turkish, Greek, Emirati, German, Australian and Dutch.

About the author

Emma Treagus

Women’s fashion & travel editor.

A former fashion assistant and budding entrepreneur who calls the world her home, Emma writes many of Luxe Digital’s women’s style and travel stories, drawing on her passion and experience for slow fashion alongside an appreciation for current trends. When she’s not getting her way with words, you’ll find her exploring a new city (at quite a walking pace)—locating the nearest sushi restaurant or devouring a book on the beach.

Learn more about Emma Treagus

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What Size Yacht Can You Afford?

The word yacht often brings up an image of luxury living on a sleek boat in the sea with a crew of dozens. We don’t want to take the wind out of your sails, so to speak, but even a mountain of money won't necessarily have you swimming with the truly wealthy yacht owners. For example, Tiger Woods purchased his 155-foot superyacht, Privacy, for $20 million—and that’s cheap by swanky yacht standards.

The average annual cost of operating your floating symbol of eliteness is 10% of the purchase price.

What Size Can You Afford?

The word yacht is about as clearly defined as a financial advisor , and you’ll get wildly different answers on what size boat earns that title, depending on whom you ask.

By some definitions, you can still be a yacht owner with a 20-foot boat, and you can join a yacht club and spend your weekends exchanging sea stories with your fellow yacht owners. If you are thinking about investing in a yacht, the first question to ask yourself is how big of a boat can you afford to buy?

Key Takeaways

• Not all yachts are supersized and prohibitively expensive, like the luxury yachts used by wealthy individually. 
• It is possible to rent (barefoot charter) a yacht or lease one with a group of friends.
• Just because you own or lease a yacht doesn't mean you can drive it—you need a captain's license. 
• Other expenses accompany owning a yacht from insurance to hiring a crew or captain if you can't drive it. 

Calculations and Qualifications

It can be tough to take out a boat loan if you don't meet specific criteria. For example, unless your debt-to-income ratio is below 40%, you’re not likely to hear a resounding yes from the loan officer.

Plan to put at least 10% down on your yacht and pay somewhere around 5% APR for 10 years. That $100,000 entry-level yacht (a used one would be around 30–35 feet long) is going to incur monthly payments of nearly $1,000 after you make your $10,000 down payment.

There’s also another $1,000 to $1,500 (or more) to spend on life jackets and other necessary equipment when you purchase a yacht. Then there's the question of who drives it. 

Can You Drive a Boat?

Are you qualified to operate a larger boat? If not, you’ll have to pay for a captain’s license or hire somebody to operate it for you. In addition, yacht insurance will be north of $600, and a slip rental will set you back a couple of thousand per year.

The annual maintenance costs that amount to 10% of the yacht’s purchase price, which would be around $10,000 on a $100,000 yacht.

To know what you can spend, do the math in reverse: You need to have 55% to 60% of your income available for other needs outside of your yacht. The rest is the absolute max you can blow on your obsession.

The Cheaper Way to Go Yachting

Maybe buying a superyacht just isn’t in the cards for you, but if you don’t want a smaller recreational boat, you may want to consider a bareboat charter. It’s like a lease, and just like with a car, you won’t be the owner but you can rent the yacht for a certain period of time.

This could be very short-term—for a yachting vacation—or long-term. For higher-priced vessels, splitting the costs among multiple people could make the price more reasonable. You as the charterer are responsible for nearly all fees, including fuel, boat insurance , port fees, and everything else.

There are also shared leasing arrangements . In these situations, you pay a monthly fee to a boat club and gain the use of any vessel in the fleet. You still have to pay for fuel and some costs, but the pricing is much more reasonable than trying to purchase the yacht on your own.

Some clubs offer an initiation fee that can go well into the thousands, as well as a monthly fee of a couple of hundred dollars.

The Bottom Line

Owning a luxury yacht takes truly serious money. But for those who earn a higher-than-average income, renting or leasing a vessel, teaming up with friends, or joining a boat or yacht club can make the price comparatively reasonable.

As with any equipment-heavy hobby, the costs are often higher than you think, so you’ll want an emergency fund in place for those unexpected expenses.

Business Insider. " Tiger Woods Has Reportedly Docked His $20 Million, 155-Foot Yacht in the Hamptons — and He Apparently Plans to Stay There During the US Open ."

United Yacht. “ How Much Does It Cost to Own a Yacht? ”

National Marine Lenders Association. “ Things to Consider Before You Shop for a Boat ,” Page 2.

Intuit. “ How Much Does It Really Cost to Own a Boat? ”

Improve Sailing. “ How Much Does It Cost to Dock a Boat for a Year? ”

Progressive. “ Average Boat Insurance Cost .”

Freedom Boat Club. “ Boating Made for Everyone .”

Boatsetter. “ The 5 Secrets Boat Clubs Don’t Want You to Know About .”

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Used Yachts for Sale Between $900000 and $1000000

If you're looking for a pre-owned yacht for sale between $900k and $1 million, SI Yachts has the expertise to assist you in choosing the perfect boat for your requirements. Whether heading offshore to hunt for billfish or cruising the east coast, there are many options available on the yacht brokerage market. This is where the personalized customer service and knowledge our team proves valuable to you as the customer.

Boats for sale under one million dollars online include brands like Azimut Yachts , Bertram Yachts , Ferretti Yachts , Galeon Yachts , Hatteras Yachts , Prestige Yachts , Sea Ray , Sunseeker Yachts , Viking Yachts , and more! From New York, to Florida, and beyond, SI Yachts can assist you in the purchase or sale of a boat under $1 million. We look forward to earning your business! Contact us today at [email protected] or by calling one of our convenient locations . SI Yachts are also Licensed Florida Yacht Brokers.

Staten Island Yacht Sales

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Luxury Yachts & Boats

• Invincible Catamaran For Sale
• Used Jupiter Boats For Sale
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Popular Models

• F&S Boats For Sale
• Carver Yachts
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• Galeon Yachts
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• Viking Princess Yachts
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• Azimut Yachts
• Viking 46 Billfish
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Brands & Types

• Slx 400 For Sale
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• Valhalla V37 Price
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Used Yachts For Sale Under $10,000,000

100' Custom Tri-Deck Explorer Yacht 2026

$ 10,000,000

Unknown, United States

110' Johnson 110' Flybridge w/On-Deck Master 2025

$ 9,970,000

Kaohsiung, Taiwan

127' Burger Full Displacement Tri-Deck Motor Yacht 2007

$ 9,950,000

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New Arrival

78' Rybovich 78 Sportfish 2020

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77' Merritt Sportfish 2020

$ 9,900,000

Pompano Beach, United States

80' Viking 80 Convertible 2023

$ 9,850,000

106' Inace 2025

$ 9,798,000

Ceará, Brazil

143' Palatka Shipbuilding Custom 1984

$ 9,750,000

Marina del Rey, United States

Price Reduction

124' Sanlorenzo 122 SD Tri-Deck 2009

$ 9,701,800

Cannes, France

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98' Extra Yachts X98 RPH 2026

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Description

Finding a used yachts for sale under $10,000,000 that fits your needs when it comes to number of passengers, horsepower, inside accommodations, and other features on board can be a challenge with so many options available on the market today. There are many types of boats available under $10 million like  cruising yachts ,  motor yachts ,  Trawlers , and  fishing boats , with many good options across all length ranges. Still, there are plenty of opportunities with brands like  Princess ,  Azimut ,  Sunseeker ,  Viking ,  Ferretti ,  Ocean Alexander ,  Benetti , Westport Yachts , and others. Let the team at United Yacht Sales help you find the right vessel that fits your needs under $10 million.

SPEAK TO A SALES PROFESSIONAL

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