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Us flagged vessel, health insurance costs per crew, uniform cost per crew, training cost per crew, food cost per crew, crew turnover, hires using a professional crew agency.

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Costs of food provisions will vary dependent upon how eloborate food Preferenaces are

Location will play huge factor in food provisons and thing may have to be folws into remorte locations.

Crew is one of the largest expenses on a superyacht and critical to the owner’s enjoyment of their vessel. As the largest crew agency in the world, we know crew. Our cost calculator contains customized crew lists for yachts ranging from 80ft to 600ft with salary information based on our reference verified salary data.

Our users also have the ability to completely tailor the crew list to the specific needs, schedule and requirements of their vessel. Each yacht is unique and may have specific owner requests in addition to the yacht’s safe manning requirements.

Management of the supplemental crew costs and strategic budgeting can help avoid significant overspend on categories such as food and uniform. This tool contains default values based on our industry expertise and recommended budget for an efficiently and safely run superyacht.

To learn more about each crew position in detail, including salary ranges, please visit our yacht department directory .

Drag the sliders to modify your results. These are not linear scales and we expect most yachts to operate within the 20-80% window. Above 80% and below 20% costs increase or decrease at exaggerated levels and we only see numbers in these levels in very rare circumstances.

This sunburst diagram is interactive. You can click into each block to see the expense break down and mouse over each block for more details.

Our chart of accounts displays seven major categories, 20 sub-categories plus a further 80 detail categories for a total of 107.

Our yacht operating cost calculator is now on it’s third major revision. We start with actual yacht expense data from our yacht management accountants and then generate formulas to extrapolate out the budget for a wide range of yachts. We have been providing accounting services to large yachts for the past 18 years.

Our operating cost calculator is tuned for yachts from 80 to 600 feet. We find operating variables create the largest variances for yachts smaller than 100 feet and larger than 250 feet. We have tested the numbers the most in the range from 100 to 250 feet.

Our budget calculator factors in the fuel burn for a range of engine sizes typically seen installed on yachts by length. By dragging the green “fuel dockage” slider to the right you will increase the projected fuel burn rate and therefore the budget cost for fuel. Our default position would be for a typical displacement fuel burn. Position the slider in the 60-80% range for fuel projections for planning hulls.

Our default values produce a budget number that we believe is generous to run a yacht to a high standard. Perfect is a very expensive word to use in the yachting industry where standards are already high. Moving the crew and maintenance sliders to 80% will provide an “industry best” quality of crew and give them the maintenance budget to operate to a very high standard. If you need to go over the 80% area then you may have unusually labor intensive equipment on the yacht.

Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel movement but leave the essential base maintenance and insurance in place.

Lift on and float in yacht transport is a popular way to transport yachts across large ocean passage. The yachts that this service certainly applies to are ones that may not have the motoring range or structural integrity for blue ocean cruising. The cost of transporting a yacht twice per year is put into our budget once the “Fuel Dockage” slider hits 75%. If your yacht has the range we recommend self-sufficient ocean passages whenever possible. Whilst the transport companies sell their services based upon reportedly well oiled operated schedules the reality is that your yacht may stay waiting for pickup for a week or more with no compensation due. When factoring in all secondary factors of self-sufficient passages (increased fuel, maintenance, potential storm damage, crew time off, extra delivery crew) compared with transporting your yacht (insurance, potential loading / unloading damage, loss of schedule control, no work whilst underway, crew flights, crew accommodation) we believe that there is a 100% premium associated with float in transport and a 75% premium with lift on transport compared with self-powered.

Abandoned yachts crash in value. We recommend that even if you are trying to sell your yacht that you use the yacht for a minimum of two weeks per year so that systems are tested and working every six months. There is nothing worse for a yacht than not being used. If you truly are not going to use the yacht then you should sell it immediately for the first genuine offer as every dollar you put into maintenance will not be recovered at the time of the sale.

We did not build this version with sailing yachts in mind. Early in our development of this version we decided to exclude sailing yachts as a few of the major cost drivers scale very differently for sailing yachts compared with motor yachts. For example: To calculate paint costs we reviewed the surface area of over 100 large yachts and created a formula for painted surface area to length. Sailing yachts just don’t scale in a consistent way. Similarly crew numbers don’t scale in the same manner that they do for motor yachts. If there is sufficient demand we may build a sailing selector switch into a future version of this tool.

We hate to hear when yacht owners were told by their broker to factor in 10% of the purchase price to operate the yacht. This over used saying is sadly right occasionally (particularly for newer yachts in the $20-30M range)… but just because a broken watch tells the right time twice a day you shouldn’t rely upon it to tell the time. As yachts get older their capital value decreases but their maintenance costs increase. There is no way that a fixed 10% of purchase cost rule can be true… if your broker told you this rule then you need a new yacht broker… we know some good ones. 😊

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What Size Yacht Requires a Crew? (For Different Lengths)

While smaller yachts can be operated by a single person, larger yachts require a trained crew to operate them safely. Different types of yachts also have different crew needs, which can depend on the yacht's size, features, and intended use. In this article, we'll let you know what size yacht requires a crew, and how many crew are needed for different types and lengths of yacht.

Yachts that are over 30 feet in length require a crew to operate them safely. A yacht that is 100 feet in length requires a crew of at least four to six people, including a captain, engineer, stewardess, and deckhand. Meanwhile, yachts that are under 30 feet in length can be operated by a single person.

Recreational yachts are typically smaller and used for leisure activities like fishing, cruising, and water sports. Since these yachts are usually 30 feet or smaller, they can be operated by a single person without a crew. Let's see how many crew members are needed for other types of yachts.

  • If the yacht is under 30 feet and is being used for recreational cruising, a crew of two is usually sufficient.
  • A 90-foot yacht with multiple decks and luxury amenities may require a crew of 8–12 people, including a captain, first mate, chef, stewardess, and deckhand.
  • For sailing yachts between 30 and 50 feet, a crew of four to six is typically required.
  • A small superyacht may have a crew of around 20 people, while a larger one may require a crew of 50 or more.
  • The cost of hiring a full-time yacht crew can range from $50,000 to $200,000 per crew member per year.

how much does 150 foot yacht cost

On this page:

Crew requirements for different yacht sizes, yacht types and their crew needs, the cost of hiring a yacht crew and the role of each member.

The size of the yacht is a key factor in determining whether you will need a crew and how many crew members you will require. Below is a table summarizing the crew size requirements for different yacht sizes:

Crew size for yachts under 30 feet

Yachts that are under 30 feet in length are generally small enough to be operated by a single person. However, you still need to have some experience and knowledge of boating to operate them safely. It is also recommended to have at least one additional person on board for safety reasons.

If the yacht is being used for recreational cruising, a crew of two is usually sufficient. You may also need to obtain a recreational boating license depending on your location.

Not sure how to get a boating license? Find which state you're in and get a boating license here.

Crew size for yachts between 30 and 75 feet

Yachts that are between 30 and 75 feet in length may require a crew. These yachts are designed to be operated by a small crew or a couple, with one person serving as captain and the other as crew.

If you have experience and the yacht has upgraded features like autopilot, you may be able to captain your own yacht without a crew. However, if you are new to yachting or the yacht has more advanced features, you may need to hire a crew.

how much does 150 foot yacht cost

For recreational cruising, a crew of two to four people is usually sufficient . For larger yachts, there may be additional crew members such as a chef, stewardess, or engineer.

Crew size for yachts over 75 feet

Yachts that are over 75 feet in length generally require a crew to operate them safely. The exact number of crew members you will be based on the size and features of the yacht.

  • A 90-foot yacht with multiple decks and luxury amenities may require a crew of 8-12 people, including a captain, first mate, chef, stewardess, and deckhand.
  • A 100-foot yacht with advanced navigation and communication systems may require a crew of 10-15 people, including a captain, engineer, deckhand, chef, stewardess, and possibly a security officer.
  • A 120-foot yacht with a helicopter pad, swimming pool, and other high-end features may require a crew of 12-20 people, including a captain, engineer, deckhand, chef, stewardess, helicopter pilot, and other specialized staff as needed.

Crew size for yachts over 300 feet

Bigger yachts require more crew members because they tend to be more complex and have more systems and equipment that need to be maintained and operated. Additionally, larger yachts typically have more amenities and features that require specialized staff, such as spa therapists, dive instructors, and security personnel.

A yacht that is 300 feet or more in length may have multiple decks, a helipad, a swimming pool, a movie theater, a gym, and other luxurious amenities that require a larger crew to operate and maintain.

In addition, larger yachts may require more crew members to ensure the safety of the guests and the vessel, especially when navigating in challenging waters or during adverse weather conditions. Larger yachts also often provide a higher level of service, which requires more crew members to ensure that every guest's needs are met.

Different types of yachts have different crew needs, which can depend on the yacht's size, features, and intended use. Here's what you need to know about yacht types and their crew needs:

Crew size for recreational yachts

Recreational yachts are typically smaller and used for leisure activities like fishing, cruising, and water sports. Yachts that are 30 feet or smaller can usually be operated by a single person without a crew.

However, larger recreational yachts, like those in the 50-100-foot range, may require a small crew for maintenance and management.

Crew size for sailing yachts

Sailboats are a popular type of yacht used for racing, cruising, and exploring. For sailing yachts between 30 and 50 feet, a crew of four to six is typically required. This crew would include a captain, a first mate, a cook, and one or two deckhands.

how much does 150 foot yacht cost

For yachts over 50 feet, the crew size can range from six to 20 or more. This is because some yachts may also have additional staff, such as a chef, a stewardess, and a masseuse. These staff members are typically hired to provide luxury services to guests onboard.

One of the hidden costs of buying and owning a 50-foot yacht is the costs for staff and crew, which ranges around $50,000 - $150,000 per year.

Crew size for superyachts

Superyachts are the largest and most luxurious yachts on the market, typically measuring over 100 feet in length. A small superyacht may have a crew of around 20 people, while a larger one may require a crew of 50 or more.

Larger superyachts with more amenities and more guests on board will require a larger crew to ensure that all aspects of the vessel are properly maintained and operated. The team will typically include a captain, first mate, engineer, chef, stewardesses, deckhands, and other specialized roles depending on the yacht's amenities.

Some owners may prefer a smaller crew to maintain a more intimate and personalized experience, while others may opt for a larger crew to ensure that all tasks are handled efficiently and to the highest standard.

Crew size for commercial yachts

Commercial yachts are required to have a crew size that is appropriate for the size and type of the vessel, as well as the number of passengers on board. The crew size can vary greatly depending on the yacht's size, amenities, and intended use.

In general, larger yachts will have a larger crew, while smaller yachts may only require a few crew members. For example, a small yacht that is used for day trips or short-term charters may only require a captain and a mate. However, a larger yacht used for extended charters or as a luxury hotel at sea may need a larger crew.

The crew size for commercial yachts is regulated by various maritime authorities, such as the International Maritime Organization (IMO) and the United States Coast Guard (USCG). These authorities have established minimum crew requirements based on the size and type of the yacht, as well as the number of passengers on board.

how much does 150 foot yacht cost

Based on USCG requirements, a commercial yacht that is less than 100 gross tons and carries up to 12 passengers must have at least one licensed captain and one crew member. If the yacht carries between 13 and 36 passengers, it must have at least two licensed crew members. For yachts that are over 100 gross tons, the crew size requirements will be higher.

A captain license costs around $700 - $800 , but this may vary according to the country as well as potential extras you might need to purchase.

Crew size for luxury yachts

Luxury yachts are designed for comfort and style, typically featuring high-end amenities like spas, gourmet kitchens, and entertainment systems.

Luxury yachts require a larger crew because they are typically larger, more complex, and more luxurious than other types of boats. A larger crew is necessary to ensure that everything runs smoothly and that the guests have an enjoyable and comfortable experience on board.

Here are some of the reasons why luxury yachts require a crew of 10-30 persons:

Safety: A larger crew is necessary to ensure the safety of the guests and the yacht. The crew must be trained and experienced in handling emergency situations, such as fires, medical emergencies, and adverse weather conditions.

Navigation: Luxury yachts require a skilled crew to navigate the vessel safely and efficiently. The captain and crew must be familiar with the yacht's systems, equipment, local waterways, and navigation rules.

Maintenance: Luxury yachts require constant maintenance to keep them in top condition. A larger crew is necessary to perform routine maintenance tasks, such as cleaning, painting, and repairing the yacht's systems and equipment.

Service: Luxury yachts are known for their high level of service and hospitality. A larger crew is necessary to provide guests with personalized service, including gourmet meals, housekeeping, and other amenities.

Entertainment: Luxury yachts often have a variety of entertainment options, such as water sports equipment, movie theaters, and music systems. A larger crew is necessary to operate and maintain these amenities, as well as to provide instruction and assistance to the guests.

The cost of hiring a full-time yacht crew can range from $50,000 to $200,000 per crew member per year. This includes their salary, benefits, and any other expenses associated with their employment, such as training and uniforms.

Here's a breakdown of the average annual salaries for different yacht crew positions:

The roles and responsibilities of the captain

  • Responsible for the overall operation of the yacht including navigation, safety, and communication with other vessels
  • Must have extensive knowledge of waterways
  • Must make quick decisions in case of emergency
  • Must hold valid Merchant Mariner Credential (MMC) issued by USCG
  • For yachts over 100 gross tons, a captain must hold a USCG license for appropriate tonnage and route
  • May need to hold specific endorsements, such as a towing endorsement or a radar observer endorsement

The roles and responsibilities of the captain engineer

  • Responsible for mechanical systems on board the yacht such as engines, generators, and other equipment
  • Must have a good understanding of how systems work
  • Troubleshoots problems that arise
  • Works closely with the captain and other crew members
  • May be responsible for managing inventory and ordering spare parts and supplies

The roles and responsibilities of the stewardess

The stewardess is the first point of contact for guests and they are responsible for the following:

  • Greet guests warmly and show them to their cabins
  • Provide information about the yacht and its amenities, as well as local attractions and activities
  • Clean and maintain guests' cabins
  • Make beds and ensure fresh towels and linens
  • Responsible for serving meals and drinks, setting the table, and clearing dishes

The roles and responsibilities of the deckhand

The deckhand is an entry-level position on a yacht and they work under the supervision of the first mate. They are responsible for a variety of tasks such as:

  • Cleaning the yacht and handling lines and fenders
  • Assisting with navigation and docking
  • Maintaining the exterior of the yacht, such as washing and waxing the hull, cleaning the decks and windows, and maintaining the yacht's equipment and machinery

The roles and responsibilities of the chef

how much does 150 foot yacht cost

  • Responsible for providing exceptional culinary experiences for guests
  • Plans menus, prepares meals and manages galley and kitchen area
  • Plans menus that meet the dietary preferences and restrictions of guests
  • Creates menus for breakfast, lunch, and dinner, as well as snacks and appetizers
  • Responsible for provisioning the yacht with fresh ingredients and supplies
  • Prepares high-quality meals and presents them well
  • Manages galley and kitchen area, including cleaning and maintaining the kitchen, managing inventory and ordering supplies, and ensuring that all equipment is in good working order

The roles and responsibilities of the first mate

  • Considered as the second in command on a yacht
  • Works closely with the captain to ensure the safe operation and navigation of the boat
  • Responsible for managing crew and overseeing day-to-day activities on board
  • Assists captain with navigation and piloting of yacht
  • Monitors weather conditions, charts courses, and ensures the yacht is on track and avoiding potential hazards
  • Manages crew and delegates tasks as needed
  • May be responsible for scheduling and coordinating crew shifts, managing inventory and ordering supplies, and ensuring that the yacht is clean and well-maintained
  • May serve as liaison between guests and captain, ensuring that their needs are met and that they have an enjoyable experience on board

The roles and responsibilities of the second mate

  • Assists captain and first mate in navigation and operation of yacht
  • Maintains the yacht's navigational equipment, including GPS, radar, and other electronic devices
  • Ensures all charts and publications are up-to-date and that any necessary corrections or updates are made.

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How Much Does It Cost To Buy A Yacht?

By Rob Bowman | Posted On Aug 09, 2021 Updated On Dec 12, 2023

If you're new to owning a boat and want to experience the luxury lifestyle, buying a yacht is the perfect way to indulge yourself while also creating unforgettable memories on the water. From anchoring at a secluded island in the Caribbean to cruising the coastline enjoying the fall colors, yacht ownership opens up limitless possibilities to explore the beauty of Mother Nature. It can also create quite the adrenaline rush if a sportfishing boat is more your style. There are many benefits to hiring a professional yacht broker when you plan on buying your first yacht including having someone on your side when evaluating the right price, for the right vessel.

So how much does it cost to buy a yacht on average? In 2021, the average selling price of a yacht is approximately $640,000, with prices ranging from $300,000 to over $15,000,000. This average selling price represents all pre-owned boats from 40-feet to 100-feet, power (not sail), and sold in the Southeastern United States, including the large Florida market. The data collected for this sales price was from the boating industry's MLS system.

This 50-foot flybridge yacht (seen below) was sold around the average selling price mentioned above and is a good example of what you can expect when spending over $500k . It features several bedrooms for overnight trips, a galley, a nice flybridge seating area, and a lot of comforts you would find at home.

50-foot flybridge yacht sold

A yacht can mean vastly different things to different people depending on their style of boating, where they live, what they plan to do on the boat, and the amount of equipment they choose. A 50-foot yacht can vary in price by several hundred thousand dollars depending on how new it is, its engines, brand, and amenities. Having a conversation about your needs and budget with a professional yacht broker can answer all of these questions and take the guesswork out of your search. 

While the average price of a yacht sold in the Southeast this year is $640,000, buyers can find yachts for less if they are willing to go a bit older and/or a bit smaller.

  • According to the list of 2021 sold boats, the average selling price for yachts between 40 and 50 feet was $329,000.
  • Yachts under 40 feet are generally called cruising boats and can still feature a lot of the same amenities found on larger vessels.
  • How much does a small yacht cost? Examples of active boats on the market right now show a sizeable difference in price depending on the length and year. For example, a 2021 40-foot Intrepid boat is listed for over $800,000 , while a 2011 Intrepid 40 is listed for under $400,000 .

(Seen below: This Cabo 40 would be considered a smaller yacht and is listed for under $375,000.)

40-foot cabo yacht for sale

The larger, newer, and more extravagant yachts can cost $5 million and higher. Forbes.com identifies a superyacht as a vessel ranging from "79 feet to more than 590 feet in length." The average selling price in 2021 for yachts over 100-feet, according to the industry MLS database, came in at just under $1 million. Of course, there were several superyachts that were between $10 million and $50 million on the list.

A prime example of a superyacht would be " ANTITHESIS ", a Horizon Yachts 136 that had an asking price of $7,990,000 at the time of sale. This superyacht featured 5 luxury staterooms, a pilothouse with full electronics suite, a jacuzzi, sauna, 2 water-makers, 2 generators, and a lot more top-end equipment. Yacht owners looking to cruise long distances or possibly turn the vessel into a yacht charter business would be interested in a boat of this stature.

( Seen below: This Horizon 136 required massive engines that gave it a range of over 1,400 nautical miles. )

horizon motor yacht

The cost of a yacht is not the only cost to consider. Purchasing your new boat is the largest upfront expense, however, there are also the costs of owning a yacht that need to be considered. This is again where hiring an experienced, professional yacht broker can really pay dividends and take a lot of the stress out of the process. Things like insurance, storage, routine maintenance, captain and crew salaries, all need to be factored in to your expectations. We dive into this a bit more in our articles Why Are Boats So Expensive? and What Should I Spend On A Yacht?

Despite the potentially high cost of yacht ownership, it is still an excellent investment in your well-being and will bring countless joyful memories. There is no other recreation in the world that brings families and friends together, while enjoying the wonders of the ocean.

( Seen below: CHIMERA is a 60-foot Hinckley sailing yacht listed for over $1 million. )

While the purchase of sailboats still account for less than 10% of all boats sold, sailing is still a popular past-time which has some very passionate enthusiasts. According to Trade Only Today , in 2019 and 2020 there were more than 1,100 sailboats sold in the United States. As you begin to figure out exactly what type of boating you want to enjoy, as well to learn the advantages and disadvantages of different boat types, you can begin to narrow down the selection process.

Below is the average cost to purchase a small yacht broken out by type :

  • Sailboats Over 40': $193,000
  • Sailing Catamarans - All Sizes: $361,000
  • Power Catamarans - All Sizes: $304,247
  • Downeast Yachts - Over 35': $532,240
  • Sport Fishing Yachts - Over 40' and in Southeast: $815,500

With so many factors to determine how much it costs to buy a yacht and maintain it, it is in the best interest of boat buyers of this magnitude to speak with a certified professional yacht broker. "Pricing a yacht in this market can be a difficult thing," said Brian T. Franc , CPYB and manager of United's Emerald Coast Division. "Pre-owned prices are definitely inflated due to lack of inventory, but there are still some great opportunities if you are fast and have someone watching the market daily on your behalf. As someone who has been in the yacht brokerage industry for almost 30 years, I can tell you that working with a professional makes a difference. We can tell almost immediately whether a boat is over-priced, what it will likely sell for, and whether or not it is the right boat for your needs.

Other Related Articles Of Interest :

  • Can I Sell My Yacht Without A Broker?
  • Why Are Sportfishing Yachts So Expensive?
  • What Is The Best Time Of Year To Sell A Boat?
  • How Much Should I Pay For A Yacht?

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how much does 150 foot yacht cost

EP150

Style, stability, strength and luxury combine effortlessly into one sophisticated package with the Horizon EP150. With exterior design and styling by J.C. Espinosa and the Horizon design team, the EP150 features BV Ice Classification, a bulbous bow and an optimized hull for superior stability and expedition yacht performance.

With the EP150’s steel hull and aluminum superstructure, a grand interior accommodates guests in luxurious comfort, fitted from stem to stern with innovative equipment and amenities befitting a true superyacht. This is a yacht for the explorer who demands perfection and intends to live life to the fullest.

EP150 Yacht

Specifications

EP150 Yacht

LAYOUTS click to enlarge

EP150 Yacht

**Optional items may be shown in the layout that are not included in the base price**

EP150 Yacht

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Yachts for Sale

For aspiring yacht owners looking for a luxury yacht for sale, we have put together a fine selection of luxury yachts and megayachts for sale from all over the world. Search BOAT International's collection of superyachts for sale and filter by type, length, asking price or age. Narrow the results by selecting specific features, or browse by speed, designer and much more.

Explore luxury yachts for sale

Search for everything from motor yachts for sale from renowned Dutch yards including Feadship and Heesen , premium Italian names including Azimut , Sanlorenzo and Benetti , popular British builders Sunseeker and Princess , and American megayachts for sale from US yards such as Westport .

Our collection also features sailing yachts for sale from legendary names such as Royal Huisman , Perini Navi , Nautor's Swan and Jongert , as well as some of the most well-known explorer yachts for sale .

Yacht Features

Propulsion System

SYS Yacht Sales - New and Used Boats and Yachts or Sale

Used Yachts For Sale From 101 To 130 Feet

Listed below are yachts for sale worldwide from 101 to 130 feet. Use the search tools to narrow your exploration. SYS Yacht Sales offers a wide range of used yachts for sale, including explorer yachts, luxury cruisers, motor yachts, trawlers, pilothouse yachts, sailing yachts and everything in between. Search top brands like Westport, Hargrave, Princess, Ferretti, Horizon, Sunseeker, Benetti and much more. Need assistance? Contact our experienced yacht brokers. We look forward to helping you find the yacht that's right for you.

1992 130' Broward-40 Meters İstanbul (Asya), TR

Broward 40 Meters

Mail

Westport W130

2009 130' Mangusta-130 Barcelona, ES-B, ES

Mangusta 130

Paula & biel.

1987 130' Heesen-Tri Deck Tortola, VG

Heesen Tri Deck

2002 130' Westport-Flybridge Newport Beach, CA, US

Westport Flybridge

2008 130' Westport-130 Jupiter, FL, US

Westport 130

2006 130' Mangusta-130 NICE, 06, FR

Veni Vidi Vici (VVV)

2007 130' Westport-130 Miami, FL, US

Extra X130 TRIPLEX

X130 triplex.

2013 130' Westport-40M Fort Lauderdale, FL, US

Westport 40M

2014 130' Westport-40M Fort Lauderdale, FL, US

Factoria Naval de Marin 40

2003 129' 11'' Westport-130 Fort Lauderdale, FL, US

Golden Yachts M/Y O'PATI

2001 129' 3'' Heesen-39m Phuket, TH

Tansu Tansu Yachts

1996 128' Oceanfast-Tri Deck Motor Yacht West Palm Beach, FL, US

Oceanfast Tri Deck Motor Yacht

2003 128' Baglietto-38M FAST FLY Newport Beach, CA, US

Baglietto 38M FAST FLY

2024 127' 11'' Extra-X130 TRIPLEX Ancona, IT-AN, IT

Crescent Custom

2003 127' Burger-Tri-Deck Motor Yacht West Palm Beach, FL, US

Burger Tri-Deck Motor Yacht

1997 127' CNM-Evolution Rimouski, QC, CA

CNM Evolution

Cnm evolution.

1998 127' Trident-127 Beirut, LB

Trident 127

2026 127' Cerri Cantieri Navali-Kiribati 38 La Spezia, IT-SP, IT

Cerri Cantieri Navali Kiribati 38

  • Event Details

how much does 150 foot yacht cost

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

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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

how much does 150 foot yacht cost

  • 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

how much does 150 foot yacht cost

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

how much does 150 foot yacht cost

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

how much does 150 foot yacht cost

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

how much does 150 foot yacht cost

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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The Real Costs of Owning a Superyacht [Complete Guide]

The Real Costs of Owning a Superyacht [Complete Guide]

November 25, 2019 1:00 pm

Owning a  superyacht  is a status symbol available only to the world’s wealthiest individuals and corporations. Although there is no strict definition, the Red Ensign Group Yacht Code is applicable to “motor or sailing vessels of 24 meters in load line length and over…and which, at the time, is in commercial use for sport or pleasure and carries no cargo and no more than 12 passengers 1 .” There are currently just over 10,000 superyachts in the world with around 200-250 new builds delivered each year. The vast majority are  motor yachts , with sailing yachts counting for less than 20% of the total. The world’s largest private vessel, Khalifa bin Zayed Al Nahyan’s 180m (590-foot) AZZAM,  cost $600 million to build when it was delivered in 2013. Eight of the ten most expensive luxury acquisitions of all time were superyachts.

how much does 150 foot yacht cost

Purchase Cost

Buying a new or used superyacht will most likely cost the buyer several million dollars. Pricing varies widely based on the yacht size, age, and other factors such as builder, guest capacity, speed, range, and more. The market is worldwide and extensive. Any potential buyer would be well-advised to engage a professional, certified broker to guide them in the selection of their dream yacht and through the myriad of complications in making the purchase.

  • • Financing the Purchase
  • • Immediate Post Purchase Costs

how much does 150 foot yacht cost

Operating Costs

In years past, owners and their brokers would work on 10% of the purchase price as an estimate of annual operating costs, but the vast range of yacht size, operating location, and usage profile makes this approach less useful without giving the question more thought. Building a budget for a yacht requires consideration of the following elements:

Crew – Salary, payroll taxes, recruitment fees, uniform, health insurance, food, and travel for vacation and repatriation are all crew-related costs. A good guide for salary costs is published by Dockwalk magazine every year based on an extensive survey of the crew and placement agents. Using their most recent article as a guide, a crew of eight full-time crew on a 150-foot yacht will cost over $650,000 per year in salary alone. Get a complete crew cost breakdown.

Dockage – Unless the owner plans to spend the year at anchor, then keeping the yacht in a marina incurs a significant cost. Dockage is normally sold per foot of the yacht’s full length and per night, although contract rates for longer periods may be available. High-quality marinas in peak seasons are currently running in the $6-8 per foot per night range. Electricity, fresh water, and waste removal are all additional costs to be considered.

Fuel – The captain or engineer should be able to provide the fuel consumption per hour at any given speed, so if a yacht owner knows roughly how much he wants the boat to travel, then he can estimate the total fuel consumption and budget the fuel cost. There is also the fuel cost for generators, particularly at anchor. A typical 150-foot motor yacht cruising at 12 knots will consume in the region of 150 U.S. gallons per hour. At today’s fuel prices, that’s going to be close to $500 per hour. 500 hours per year will give us the main engine fuel budget of around $250,000. To this, we must also add the generators’ fuel consumption at anchor plus any additional cost for tenders.

Communications – Everyone onboard, crew and guests, want to remain connected to their social media, streaming services, and email. The technology available in this area moves fast and with 5G coming online, near-shore costs will likely come down. For those who want broadband speed while offshore, costs are high and depend on the upload/download speeds required. Start with an estimate of $4-5,000 per month and work from there. Additional communications costs include satellite TV subscriptions, crew cell phone costs, mail, freight, and more. Get a complete communication cost breakdown.

Maintenance, Consumables, and Other Operating Costs – Having considered crew payroll, marina costs, fuel, and internet, the budget will start to materialize. One must take all other costs into account, such as hull insurance, liability insurance, maintenance and consumables, warehousing, safety and survey costs, upkeep of the navigation outfit, computing support, car rental, and more.   

Looking for more details?

Receive the complete Cost of Yacht Ownership Guide including:

  • • Offsetting Expenses With Charter
  • • Superyacht Financing
  • • Budget Development + More

how much does 150 foot yacht cost

This should not be considered a financial guide. For a more accurate estimate, contact Clive McCartney .

1 Red Ensign Group Yacht Code Section A 1.2(1) 

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How Much Does a Yacht Cost?

Living in luxury can be rather expensive, and if you want to learn more about purchasing a yacht, or maybe you just are curious on what the prices are, there are many things to learn about them in general.  Just like many other transportation methods out there such as a car, boat or bike, there will be many factors which affect the price.

Marigot - Large Yachts by roger4336, on Flickr

How much does a yacht cost?

The cost of yacht is dependent on the year, make/model, length, type (sail, motor, super, passenger, commercial, power, high performance) and seller.

A typical 20-foot yacht will cost anywhere from $35,000 to around 75,000 .

A midsized yacht around 30 feet can cost as much as $250,000 .

Larger yachts around the 50-foot range can easily reach the $1,000,000 mark.

Rare models longer than 100 feet can surpass  $5,000,000 .

For example, a 150-footer can cost as much as $35 million.

According to Forbes , some of the most expensive Yachts cost more than $103 million dollars.

Used cabin cruisers can cost $15,000 to $45,000.

See what popular yachts and yachts owned by celebrities cost:

What are the extra costs?

Luxuries, such as upgradable kitchens (stainless steel, etc), may be extra.

If you want to upgrade the interior when purchasing used, you may want to treat it like a home.   Remodeling the kitchen or bathroom can cost $10,000+

When traveling across the waters, gasoline can add up fairly quick.  Yachts can have tanks as large as 5,000 gallons.

Factor in other expenses such as upkeep or if it breaks down.  If the yacht breaks down, mechanic bills can easily surpass the thousand dollar mark.  As for maintenance costs, plan on spending at least 8 to 15 percent of the initial price for annual upkeep.  If the boat cost $200,000, it’s best to budget at least $20,000 per year for upkeep.

Boats will require licenses, registration, and insurance.  This will vary depending on the state you’re registering in.  Boating insurance will widely vary on the value of the boat.  On average, plan on budgeting at least $500 for a policy at the minimum.

Marina and ramp fees can cost more than $200,000 per  year.  Since you will have to store it, the costs will greatly depend on the size of your yacht and the marina.

If the yacht has to be towed from one marina to another, shipping fees can reach well into the thousands of dollars.

Due to the complexity of these boats, an engineer and captain is highly recommended for trips.  Plan on spending at least $800 to $1,000 per foot for a trip.  Mechanics can command higher prices.  An additional crew may be needed, depending on the size.

Mooring around the world can cost you more than $4,000 per night in some areas.  If an event is going on, such as the Monaco Grand Prix, your five-night stay could be $100,000 .

Tips to know:

Yachts are going to be very expensive.  Before you even start the shopping process, you’re going to want to know what your budget is going to be.  If you’re having a hard time finding a yacht that fits within your budget, you may want to meet with a specialized broker who can assist you with the entire process.

The next thing that you’re going to want to look at are your goals.  Do you want to travel the world in this yacht?  Are you just looking for an afternoon boat?  Whatever it may be, each yacht can cater to different types of activities.

If considering used, be sure to note the age.  Like a home, things inside the boat will start to go bad such as the appliances, floors and plumbing.  The exterior of the boat is also something to consider as well as the exterior will need close attention such as routine cleanings.

Luxyachts.com has an operating cost calculator to give you an idea what it may cost to operate one.

How can I save money?

Consider purchasing used.  Websites such as YachtWorld.com have many ads to browse.

If you can’t afford one, consider joining a club where you can either rent one or split it with other members.

Marine mortgages, similar to a home mortgage, are available for owners interested in buying one.

Advertising Disclosure: This content may include referral links. Please read our disclosure policy for more info.

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how much does 150 foot yacht cost

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I spent 3 years writing about yachts, and owning one takes even more money than you think

  • A yacht costs a lot more than the price its owner paid to buy it.
  • There are additional expenses — for things like yacht crew, dockage, fuel, and maintenance — that many people don't think about.
  • Many yacht crew members say they wouldn't own a superyacht even if they could afford one, because they're so much money and work.
  • Visit Business Insider's homepage for more stories .

If there's one thing I took away from spending three years writing for the yachting industry and attending the Monaco Yacht Show, it's that buying a superyacht is the absolute pinnacle of indulgence for the 1%.

You see, these behemoths of the sea cost a lot more than the price tag they come with, thanks to the upkeep they require — it's a series of neverending expenses. There's what I like to call the Big Four that will easily wear down an owner's black AmEx : yacht crew, dockage, fuel, and maintenance, among a host of other eye-popping costs.

Just ask the crew who work on yachts .

I once spent a day running up and down the docks at the Fort Lauderdale International Boat Show asking crew one question: Would you buy a boat if you were rich? The answer, overwhelmingly, was no. Those that said yes were new to the industry — my guess is that they just didn't know any better yet.

Because, really, yachts are just floating money.

Here's how much it actually costs to own a superyacht , which is generally defined as a boat at least 80 feet in length.

Generally, yachts over 100 feet cost $1 million per 3.3 feet — and that's not counting costs for upkeep.

how much does 150 foot yacht cost

Source : Forbes

Some older yacht models around 80 feet may sell for six figures, but a superyacht will most likely set you back by at least a few million. An 84-foot yacht built in 2002 and refit in 2015, for example, can cost $1.45 million, while a 270-foot yacht built in 2013 can cost $132 million.

how much does 150 foot yacht cost

Source : Fraser Yachts , Burgess

But that's just the beginning — owners can expect to spend about 10% of the purchase price annually on operating and maintaining a yacht. That's $1 million a year for a $10 million superyacht, although it varies.

how much does 150 foot yacht cost

Source : Business Insider

The bigger the boat, the more crew — and salaries — you need. A 130-foot boat with five crew members can cost $32,500 a month. Deckhands earn an average of $3,083 to $3,574 a month, depending on the boat size. Captains get paid more, earning an average of $7,750 to $19,961 a month.

how much does 150 foot yacht cost

Source :  Freedom Yacht Services , Dockwalk

Yachts in Florida's Broward County, a hub for for yachting, account for $3 billion yearly in wages and earnings, reported Kate Lardy of the Sun Sentinel in October 2017, citing a 2014 survey by the Marine Industries Association of South Florida. That's not counting yachts based internationally.

how much does 150 foot yacht cost

Source : The Sun Sentinel

And don't forget payment for dayworkers, who are hired temporarily for onboard services. A captain of a 178-foot yacht told Lardy he spent $14,255 on dayworkers during the yacht's two-month visit in Fort Lauderdale.

how much does 150 foot yacht cost

There are also other crew costs, like medical and liability insurance, training, and uniforms, the latter of which the captain told Lardy he spent $11,190 on over two months.

how much does 150 foot yacht cost

In the two-month span, the captain also spent $50,000 on provisioning for the upcoming charter season, including bounty for the yacht's wine cellar.

how much does 150 foot yacht cost

When owners aren't busy yachting in the Maldives or cruising to the Seychelles, they need a place to dock the boat — and fuel to get there. The captain also told Lardy he spent more than $100,000 on fuel and dockage during the two-month visit.

how much does 150 foot yacht cost

Fuel and docking can get even more expensive during an event like the Monaco Grand Prix.

how much does 150 foot yacht cost

Source :  Business Insider

Fuel can cost roughly $400,000 a year — and that's not just for the boat, but the toys that go along with it, like Jet Skis.

how much does 150 foot yacht cost

Source : Florida Yacht Management

Dockage varies on how big the boat is and how desirable the marina is. An 80-foot boat can run $1,200 a month, while a bigger boat in a more coveted slip can cost as much as $6,000 monthly. A superyacht owner can expect to spend $350,000 on dockage a year.

how much does 150 foot yacht cost

Source :  Freedom Yacht Services , Florida Yacht Management

Like many things, yachts get wear and tear — they require regular maintenance and repairs. Routine maintenance can cost roughly 2% of the boat value after the yacht's first year, and around 7.5% of the boat's value when the yacht is 10 years old.

how much does 150 foot yacht cost

Source : Freedom Yacht Services

The captain of the 178-foot yacht takes the yacht to Fort Lauderdale twice a year, where it always gets work done. In the two-month period, he spent $142,746 on repair and maintenance, which he told Lardy is "typical."

how much does 150 foot yacht cost

And regular maintenance doesn't include the cost for periodic refits. One owner told Superyacht News he refitted his 98-foot yacht for more than $1.1 million.

how much does 150 foot yacht cost

Source : Superyacht News

There's also insurance, which can cost roughly $240,000 a year, according to a report by Towergate Insurance.

how much does 150 foot yacht cost

Source :  Towergate Insurance

And don't forget miscellaneous expenses, such as communications (like navigation and Satellite TV) and administration (mail and office supplies, to name a few). The captain told Lardy he spent more than $6,000 on admin costs during the two-month stay.

how much does 150 foot yacht cost

Overall, he spent $643,164 during his stay in Florida. That's nothing compared to the $1.5 million he anticipated to spend for the yacht's next stay in Fort Lauderdale, during which the yacht would undergo a condition inspection.

how much does 150 foot yacht cost

All of this doesn't count the cost of fun — superyacht owners love to throw soirees, especially during events and boat shows. During the Cannes Film Festival, Paul Allen traditionally throws a party on his yacht, Octopus, complete with guests like Kate Moss and Jake Gyllenhaal.

how much does 150 foot yacht cost

Source : Boat International Media

With superyacht parties, you can usually count on costs for food (or hiring a celebrity chef), alcohol, a DJ, and décor.

how much does 150 foot yacht cost

Owners can recoup some of these expenses by chartering their yacht. A 205-foot yacht with a $3.5 million annual operating budget can charge $425,000 a week. The price can vary on season and yacht size and includes costs for food and drink, fuel, harbor fees and dockage, and delivery fees.

how much does 150 foot yacht cost

Source : Forbes , Boat International

how much does 150 foot yacht cost

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how much does 150 foot yacht cost

EUR 124,950,000† (EU VAT paid)

  • Length: 90.1m (295.6ft)
  • Guests: 14 guests in 7 cabins
  • Built: 2010 (refitted 2024)
  • Lurssen-Werft

how much does 150 foot yacht cost

O'PTASIA

EUR 89,999,000

  • Length: 85m (278.9ft)
  • Guests: 23 guests in 10 cabins
  • Built: 2018
  • Golden Yachts

how much does 150 foot yacht cost

EUR 79,750,000† (EU VAT paid)

  • Length: 80m (262.5ft)
  • Guests: 18 guests in 9 cabins
  • Built: 2007

how much does 150 foot yacht cost

PROJECT 825

Price on application

  • Length: 75.8m (248.7ft)
  • Guests: 12 guests in 6 cabins
  • Built: 2025
  • Feadship, Royal Van Lent

how much does 150 foot yacht cost

EUR 109,000,000 (EU VAT paid)

  • Length: 74m (242.8ft)
  • Guests: 14 guests in 6 cabins
  • Built: 2017

how much does 150 foot yacht cost

USD 62,500,000†

  • Length: 71.7m (235.2ft)
  • Built: 2006
  • Alstom Leroux Naval Shipyard

how much does 150 foot yacht cost

EUR 55,000,000† (EU VAT paid)

  • Length: 70.6m (231.6ft)
  • Built: 2011
  • Proteksan Turquoise

how much does 150 foot yacht cost

  • Built: 2002 (refitted 2022)
  • Royal Denship

how much does 150 foot yacht cost

EUR 49,500,000†

  • Length: 65m (213.3ft)
  • Built: 2011 (refurbished 2021)

how much does 150 foot yacht cost

MAGNA GRECIA

EUR 15,000,000

  • Length: 63.8m (209.3ft)
  • Built: 1986 (rebuilt 2019, refitted 2019)
  • Elsflether Werft

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Yacht Operating Cost Calculator

How much does it cost to operate a yacht? The cost of operating a yacht can vary significantly depending on factors such as size, type, location, maintenance, crew salaries, fuel consumption, and insurance. It could range from tens of thousands to millions of dollars per year.

What is the annual cost of owning a yacht? The annual cost of owning a yacht includes expenses like maintenance, insurance, dockage, crew salaries, fuel, and other operating costs. For larger yachts, the annual costs can easily reach hundreds of thousands or even millions of dollars.

How much does it cost to run and maintain a yacht? The cost of running and maintaining a yacht depends on various factors, including the size of the yacht, its age, the type of maintenance required, and the level of usage. Regular maintenance and repairs can be a significant ongoing expense.

How much does it cost to run a private yacht? The cost to run a private yacht can vary widely based on factors like size, fuel consumption, crew salaries, maintenance, and other operational expenses. It could range from tens of thousands to hundreds of thousands of dollars per year.

Can a yacht pay for itself? In some cases, yacht owners may charter their yachts to guests to offset some of the operating costs. This can help a yacht generate income, but it’s unlikely to fully cover all expenses and make a profit.

Is it profitable to own a yacht? Owning a yacht is generally not considered a profitable investment. While chartering the yacht to guests can generate some income, the overall expenses of owning and maintaining a yacht often outweigh the potential income.

Are yachts a good investment? Yachts are generally not considered good financial investments. They are luxury assets that come with high costs and depreciate over time. Yacht ownership is more about lifestyle and enjoyment rather than financial return.

How often do owners use their yachts? The frequency of yacht usage varies among owners. Some may use their yachts frequently, while others might only use them occasionally, like during vacations or special events.

What is the average yacht salary? The average salary of yacht crew members can vary based on their positions and experience. Captains, engineers, and senior crew members generally earn higher salaries compared to entry-level positions.

What is the average net worth of yacht owners? The net worth of yacht owners can vary significantly, but it is typically in the high millions or even billions for those who can afford to own large yachts.

How many miles does a yacht last? With proper maintenance, yachts can last for several decades. The lifespan of a yacht depends on the construction quality, materials used, and how well it is taken care of.

How many crew for a 100-foot yacht? A 100-foot yacht typically requires a crew of 3 to 5 members, including a captain, engineer, deckhands, and stewards/stewardesses, depending on the yacht’s operations and owner’s preferences.

Why are yachts limited to 12 guests? Yachts are often limited to 12 guests for safety reasons and to comply with maritime regulations. The number of guests is usually determined by the yacht’s size and safety equipment onboard.

Do private yacht owners tip their crew? Tipping practices can vary, but it is not uncommon for private yacht owners to give gratuities to their crew members for exceptional service.

Can you permanently live on a yacht? Some people choose to live on yachts as their primary residence. However, this lifestyle comes with unique challenges and considerations, including docking fees, maintenance, and access to essential services.

Do you have to pay taxes if you live on a yacht? The tax implications of living on a yacht can vary based on the yacht’s location, the owner’s residency, and other factors. It’s essential to consult with tax professionals to understand the specific tax obligations.

What tax breaks do you get for owning a yacht? Tax breaks for yacht ownership may vary depending on the country and its tax laws. Some countries offer tax incentives for yacht owners, such as reduced VAT rates for chartering or ownership.

Can you take a mortgage out on a yacht? Yes, it is possible to take out a mortgage on a yacht. Yacht financing is available through specialized lenders, similar to other types of asset financing.

Why do the rich buy yachts? For the wealthy, buying a yacht can be a status symbol and a way to indulge in a luxurious lifestyle. Yachts also offer privacy, freedom to travel, and the opportunity to entertain guests in a unique setting.

Do yachts go down in value? Yachts generally depreciate over time, like most luxury assets. However, the rate of depreciation can vary depending on factors such as maintenance, age, and market demand.

What is the point of buying a yacht? The main reasons for buying a yacht include leisure, travel, privacy, entertainment, and enjoying the luxury of the yachting lifestyle.

What are the disadvantages of a yacht? Disadvantages of yacht ownership include high operating costs, maintenance expenses, depreciation, limited usage, and the need for experienced crew.

How quickly do yachts depreciate? Yachts can depreciate quickly, especially during the first few years of ownership. Afterward, the rate of depreciation may slow down, depending on the market demand and condition of the yacht.

What time of year is best to buy a yacht? The best time to buy a yacht can vary based on the market and individual circumstances. Some owners prefer to sell in the offseason, while others might list yachts when demand is high.

How to make money with a yacht? Making money with a yacht can involve chartering it to guests, participating in regattas or events, offering filming locations, or using it for commercial purposes when not in personal use.

Is it cheaper to buy or build a yacht? Building a custom yacht can be more expensive than buying a pre-owned one. Buying a used yacht is generally more cost-effective, but it depends on individual preferences and requirements.

How does it feel to own a yacht? Owning a yacht can provide a sense of luxury, freedom, and exclusivity. However, it also comes with responsibilities and significant costs for maintenance and operations.

Do yacht owners sleep with crew? Relationships between yacht owners and crew members vary and depend on individual situations and personal boundaries. It is essential to maintain professionalism and respect onboard.

Where do rich people keep their yachts? Rich people keep their yachts in various places, including private marinas, superyacht berths, or while cruising in different regions around the world.

What is the average age of a yacht owner? The average age of yacht owners can vary, but many yacht owners tend to be in their 50s or older, as yacht ownership often requires significant financial resources.

How much does a captain make on a private yacht? The salary of a captain on a private yacht can vary based on the yacht’s size, the owner’s preferences, and the captain’s experience. It can range from tens of thousands to over $100,000 per year.

What is Captain Sandy’s salary? As of my knowledge cutoff in September 2021, Captain Sandy Yawn from the reality TV show “Below Deck Mediterranean” reportedly earns a salary of around $120,000 to $130,000 per charter season. However, salaries can change, and it’s always best to verify up-to-date information.

How much do yacht pilots get paid? Yacht pilot salaries can vary widely depending on their experience, the size of the yacht, and the owner’s preferences. Experienced yacht pilots can earn significant salaries.

How many yachts does Bill Gates own? As of my last knowledge update in September 2021, Bill Gates owns several yachts, including the 112-meter superyacht “Luminary” and a luxury yacht named “Aqua.”

Is it cheaper to live on a yacht? Living on a yacht can be cheaper than traditional homeownership in some cases, especially if the yacht owner travels frequently and avoids high-cost housing markets.

What is the largest yacht that doesn’t need a crew? There are some larger yachts, typically under 50 feet, designed for easy single-handed operation and may not require a dedicated crew.

What happens if a yacht runs out of fuel? If a yacht runs out of fuel, it can be stranded at sea until assistance arrives. Proper fuel management and planning are essential to avoid such situations.

Can you take your yacht anywhere? Yachts offer the freedom to travel to various destinations, but they are subject to maritime laws, regulations, and restrictions based on their flag state and the countries they visit.

How big is the gas tank on a yacht? The size of a yacht’s fuel tank varies widely depending on the yacht’s size and type. Larger yachts can have fuel tanks with capacities of thousands of gallons.

What size yacht requires a captain? The size of the yacht that requires a captain can vary based on local regulations and the owner’s preferences. In many regions, yachts over a certain length, such as 75 feet or more, require a licensed captain.

Can a 100-foot yacht cross the Atlantic? Yes, a 100-foot yacht can cross the Atlantic Ocean with proper planning, crew, and navigational equipment. Many yachts of this size are equipped for long-range cruising.

How much does a 100-foot yacht captain earn? The salary of a captain for a 100-foot yacht can vary based on experience, qualifications, and the owner’s preferences. It can range from tens of thousands to over $100,000 per year.

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  • Charter Advice

How much does it cost to charter a yacht?

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

charter cost explained banner

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

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

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

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

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

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

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

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

charter cost comparison chart

Average Yacht Charter Cost: Base Prices

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

Factors that Affect Yacht Charter Prices

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

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

Additional Costs Considerations on Yacht Charter

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

Advanced Provisioning Allowance

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

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

Taxes and Value Added Tax (VAT)

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

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

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

Crew Gratuity

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

Delivery Fees

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

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

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Additional Charter Cost FAQs

What are standard private charter yacht prices?

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

What affects charter yacht prices?

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

How much does it cost for a crewed vessel?

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

What’s included in all-inclusive boat charters?

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

What are some additional charter boat costs to consider?

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

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

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

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

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

When is the high season for yacht charters?

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

How does my destination affect charter yacht cost?

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

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

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

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Robb Report

This 150-Foot Fishing Trawler Was Transformed Into a Rugged Explorer Yacht

Deep-sea fishing trawlers are never described as glamorous. They're traditionally forward-heavy vessels built with ramps at the stern for hauling heavy catches onto the working aft deck. On the flipside, they're large, powerful workhorses built for long-distance cruising.

For anyone looking to travel to remote places with choppy waters, a trawler is a great option, which is why a Dutch entrepreneur wound up converting one into his ultimate explorer yacht.

Scintilla Maris is a 150-foot explorer yacht built on the recycled hull of a single-prop fishing trawler. The four-year conversion took place at the yacht's home shipyard of Damen Maaskant in the western Netherlands.

"Damen built the original boat in 1988, so returning there for the refit was a dream," the owner, asking not to be named, told Robb Report . "I approached them and asked if they'd be interested in launching the same boat twice, and they jumped through hoops."

That is actually an understatement. The hull was stripped back to bare metal and the interior, infrastructure, decking, and machinery ripped out. A new hybrid-electric propulsion and harbor generator were installed to comply with stricter emission regulations, reduce the yacht's footprint, and minimize noise and vibration.

Even more impressive was the reduction of the vessel's substantial 570 GT to below the 500GT threshold, a feat achieved with the assistance of Dutch design studio Vripack, which was engaged halfway through the project.

Scintilla Maris -meaning "spark of the sea," a play on the owner's family name-is his second conversion boat. He previously converted a small tugboat that he owned for 24 years. This time, he set his sights on a larger, more complex project, albeit with the same focus on function. "I wanted a yacht that pairs comfort with limitless capability, and that I can walk about on with wet feet after a swim and not worry that I'm ruining the carpets," he said.

From the outside, the vessel remains largely unchanged. "I wanted to keep as much of the trawler intact as possible while making the outdoor areas comfortable," he says. It's achieved with large open deck areas and seating on every level, including a Portuguese bridge in front of the wheelhouse with a thermostatic seating area that uses heat recovered from the generators. Alfresco dining is on the bridge deck under a protective hardtop and on the unusual forecastle deck. This was originally used for refrigerated fish storage but now serves as a quirky barbecue and bar platform, with direct access to crew quarters.

The biggest modification is a 9.8-foot extension to the aft superstructure to create more interior volume. It allows for platforms starboard and port side to create easy access to the water.

"I have something against the psychological aspect of having a beach club or water access at the stern," the owner says. " Scintilla Maris has permanent sea access just above the waterline at the center of the boat. With no flaps or mechanical challenges to overcome, getting in and out of the water is highly convenient."

Some original features have been retained, including the hatch into the fish hold, now repurposed as a supersized skylight in the full beam owner's suite. The windows on the bridge-the owner's favorite place on board-have been replaced, yet remain in keeping with the original glass and brass fittings. The vessel's original communications equipment, including a single sideband radio and VHF, are preserved in a mini-museum on the bridge.

The new interiors designed by Vripack are built from high-pressure laminate (for ease of maintenance) and have a contemporary loft-like aesthetic. It incorporates skylights, an eclectic color scheme of reds, greens, and yellows, and soft, curved edges that bounce light and protect guests from sharp corners when in rough seas.

"The owner wanted a functional aesthetic that feels both classy and utilitarian without being overly opulent," says Marnix Hoekstra, co-creative director at Vripack. "Key to the brief was an abundance of natural light, which led to a proliferation of portholes in the hull that was in keeping with the yacht's original design, and, of course, deck skylights."

The ambitious cruising itinerary will begin with a maiden voyage to northern Norway, Iceland, and Greenland. Following that, the owner's sights are on the Northwest Passage, the start of what he hopes are a series of bucket-list voyages to the world's most remote regions.

More from Robb Report

  • Boat of the Week: This 255-Foot Superyacht Has a Glass-Bottom Swimming Pool That Doubles as a Skylight
  • This Rugged New 'Explorer Tender' Is a Day Boat Made for Your Next Arctic Adventure
  • Amels Just Launched Two Sleek Superyachts in One Day

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How much does it cost to build a house in Florida?

How much does it cost to build a house in Florida?

$150 – $280 average cost per square foot, $270,000 – $560,000 average total cost.

Kristen Cramer

Average cost to build a house in Florida

The cost to build a house in Florida is $270,000 to $560,000 on average, not including the cost for the land and site prep. New home construction costs in Florida range from $150 to $280+ per square foot , depending on the location, house size and style, and your design and material choices.

*Not including the cost of the land or site prep

Cost per square foot to build a house in Florida

The cost to build a house in Florida is $150 to $280 per square foot for a basic, builder-grade home with standard finishes. Builders typically offer these homes in a limited number of styles and floor plans.

The cost to build a custom home in Florida with upgrades like granite countertops and hardwood floors is $280+ per square foot and can reach $400 per square foot for a house with high-end fixtures and finishes.

Factors that affect home building costs in Florida

Location is a huge factor in the cost to build a house in Florida. Land and construction costs are lower in the state's more rural areas and highest in beachfront locations or major cities like Miami and Tampa.

In addition to the home's location and size, your choice of materials, fixtures, and finishes also impacts the cost. The table below provides a breakdown of the average costs for major aspects of new home construction in Florida.

*Including labor and materials

Buying land in Florida

Before you can build your new house, you'll need to purchase a piece of land. The average cost of land in Florida is $30,000 to $50,000+ per acre , depending on the location. Home lots in Florida's major cities often cost much more, and prices for oceanfront lots can easily exceed $500,000 per acre .

A land survey costs $400 to $1,800 on average for new construction. The surveyor will mark property boundaries, utilities, and the proposed foundation borders.

Before construction on your new home can begin, the site will require preparation. Excavation costs $1,500 to $10,000 on average to level and grade the site before pouring a foundation. Costs may be higher to grade the site for proper drainage if you're building in one of Florida's low-lying or swampy areas.

Most homes in Florida have a monolithic concrete slab foundation with no crawl space or basement. This foundation type requires the least excavation work and minimizes moisture problems. A concrete slab foundation costs $5 to $14 per square foot or $10,000 to $28,000 total on average.

Coastal and lakefront homes may require a pier foundation instead to raise the home's height and protect it from flooding. A pier and beam foundation costs $14,000 to $28,000 .

Framing & roof

The cost to frame a house is $11 to $30 per square foot , or $22,000 to $60,000 total for a typical 2000-square-foot house, including the roof trusses. Framing takes 30 to 60+ days, depending on the home's size, design, and layout.

After framing, new roof installation costs $6,000 to $18,000 total or around $3 to $6 per square foot , depending on the material. Asphalt shingles, a popular choice in Florida, fall within this price range and last 15 to 30 years. Tile and other premium roof materials cost $7 to $25+ per square foot with installation.

Siding for a house costs $4 to $13 per square foot or $8,000 to $26,000 total with installation, depending on the material and quality. Vinyl and aluminum siding are affordable options that fall within that range. Stucco costs $7 to $17 per square foot and is another popular choice for Florida homes.

The average cost to wire a new house is $4 to $9 per square foot or $8,000 to $18,000 total for a 2,000-square-foot home. Costs fall on the higher end of the range if your house has a complex layout or requires a high-capacity electrical service panel.

Plumbing & HVAC

Installing new plumbing costs $8,000 to $12,000 , depending on the pipe material used. Rough-in plumbing for a new home includes installing pipes, connections, drain lines, water supply lines, and vents. Plumbers also charge $450 to $1,800 per fixture to install sinks, toilets, bathtubs, and other fixtures.

A new HVAC system with ductwork costs $7,000 to $16,000 , depending on the system type, size, and brand. Most Florida homes have a central air conditioning system with a heat pump that can cool and heat the home.

Interior finishing & fixtures

Interior finishes include cabinets, countertops, flooring, painting or wallpaper, lighting, and more. This category accounts for a large portion of the total construction cost. Prices for finishes and fixtures can vary widely depending on the quality. Keep these costs in mind when planning your budget:

Cabinets cost $150 to $500 per linear foot or $4,500 to $15,000+ total, depending on if they are stock or custom units.

New countertops cost $50 to $150 per square foot with installation, depending on the material.

Flooring costs $4 to $15 per square foot on average or $8,000 to $30,000 total.

Drywall installation costs $1.50 to $3.50 per square foot or about $8,000 to $30,000 total for a 2,000 square-foot-house, depending on the layout.

Painters charge $1 to $3 per square foot of wall or ceiling surface.

Lighting fixtures cost $70 to $400 each , including installation.

Appliances for a new home cost $ 200 to $2,300 each , depending on the brand, model, and features. Prices can reach $5,000 each for high-end ovens, ranges, and refrigerators.

A basic kitchen appliance package costs $2,100 to $5,400 and includes a fridge, range, dishwasher, and microwave.

A washer and dryer set costs $1,000 to $2,300 .

A new house in Florida

Labor costs to build a house in Florida

A general contractor coordinates your entire home construction project, orders materials and supplies, hires the subcontractors, and keeps the project running on schedule. General contractors charge 10% to 20% of the construction budget. Most home builders include this fee in the total cost of the build.

The table below lists the labor rates for many of the professionals involved in building a house. However, your builder will likely handle hiring and managing these subcontractors. Most builders already have relationships with pros they prefer to work with.

Cost to build a house in Florida vs. other states

In comparison to Florida, the nationwide average cost to build a house is $150 to $250 per square foot for a basic builder-grade home, not including the cost of the land. The national average cost for a custom home with upgraded finishes is $250 to $400 per square foot .

Compare these new home construction costs in other popular states:

The cost to build a house in California is $200 to $600 per square foot .

The cost to build a house in Texas is $140 to $300+ per square foot .

The cost to build a house in Michigan is $130 to $220 per square foot .

FAQs about building a house in Florida

Is it cheaper to buy or build a house in florida.

Depending on the home size, style, and location, it is usually cheaper to buy a house than build one in Florida. According to the latest real estate market data, the median sale price for single-family homes in Florida is $423,500 .

How long does it take to build a house in Florida?

Building a house in Florida takes 4 to 12+ months , depending on the home size, style, and whether you go with an existing model home or a custom design. The total construction time depends on the condition of the home site, labor and material availability, weather conditions, and the contractor's experience.

What is the minimum square footage for a house in Florida?

The minimum house size allowed in Florida varies by city and county. The city of St. Petersburg allows homes as small as 375 square feet, while Dixie and Pasco counties have minimum home size requirements of 450 square feet. The average cost to build a tiny house in Florida is $45,000 to $150,000 .

In Florida, every house must have at least one habitable room that is 120 square feet or larger.

Getting estimates from home builders in Florida

Follow these tips to find the best Florida home builders near you :

Choose home builders who specialize in the type of house you're looking for.

Read reviews of builders on HomeGuide and Google.

Meet with at least 3 builders to discuss your preferred home size and features.

Ask each builder for references from previous clients.

Ask to see a portfolio showing their custom homes. If possible, tour the builders' model homes.

Verify the builder is licensed and insured in Florida.

Request a written contract that details the material types and costs, labor costs, schedule, and deadline for your project.

Questions to ask house builders

Ask the builder these important questions before signing a contract:

How long have you been building homes in Florida?

How many homes have you built in the past three years?

Are you licensed and insured in Florida?

Do you have any model homes available to tour?

Do you work with specific architects or home designers to create the house plans?

Can you provide references and contact information for past clients?

How much input will I have on the material and fixture choices?

Can you recommend ways to cut costs without compromising the quality?

Will you handle all the permits and inspections?

What warranties do you offer on the materials and workmanship?

What financing methods do you offer?

Using our proprietary cost database, in-depth research, and collaboration with industry experts, we deliver accurate, up-to-date pricing and insights you can trust, every time.

Cost to build a house

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