The application has been sent

Our manager has already started the selection at your request

How to afford a yacht if you’re not a billionaire

August 22, 2023

A lot of middle-class businessmen, whose financial income is relatively modest, believe that they cannot afford a yacht. How to afford a yacht if you are not a billionaire. Inexperienced entrepreneurs do not even realize that in fact the coveted vessel, for example, a sailing boat, can be purchased for only four to seven tens of thousands of US currency units.

The relevance of buying a yacht is dictated even by the difficult conditions of the pandemic period – such personal transport can become the most convenient and practical place for your self-isolation.

Is a yacht cheaper than a car: reality or fiction?

Families in many landlocked foreign countries own small boats or yachts. Such boat owners rely on average income, and they use their water transport for weekends during holidays or weekends.

Our compatriots rarely think about purchasing a yacht, perhaps due to the prevailing stereotype about the high cost of ships.

However, boats, like their prices, are different. The yacht can be a motor and sailing yacht, a boat, a classic model, or a superyacht with huge dimensions and an elite level of comfort.

The boat classification is based on three criteria:

  • length of their body;
  • gross tonnage (gross internal volume);
  • type of yacht.

How to afford a yacht if you're not a billionaire

About boat types and prices

Sailing yachts in Europe are considered to be ordinary family leisure vessels, not luxury items. They have a double function – they are a mobile beach and a house by the sea. The cost of 50 thousand euros is common for such ships.

At the same time, everyone knows that a collection car costs its owners several times more expensive both in terms of purchase and in terms of content.

Many people associate motor yachts with a huge and very expensive ship owned by billionaires and moored off the coast of Miami or in the Maldives. However, from the point of view of class, a yacht has the status of a motor boat, the length of the loading line of which exceeds 24 m (for Russia, the corresponding figure is 20 m).

For the purchase of a boat of about 20 m you will have to pay one and a half million euros, and an analogue 5 m more will cost twice as much. But these numbers are related to the new yacht. And the crisis period made its own adjustments to the corresponding pricing policy in favor of buyers.

The price of a vessel is understood not only as its actual purchase price. This concept also includes the annual costs associated with the following costs:

  • routine maintenance;
  • repair and amortization;
  • purchase of fuel and other fuels and lubricants;
  • payment of taxes;
  • purchase of an insurance policy;
  • payment for berthing at the port;
  • crew salary.

The amount of such expenses for one year is from 5 to 10% of the value of the yacht. So, for the full annual maintenance of a 20-meter vessel, you will have to pay about 150 thousand euros, and for the maintenance of a 40-meter boat, about one million euros.

How to afford a yacht if you're not a billionaire

How to fit into the sailing community?

Contrary to popular belief, joining the ranks of yachtsmen is easy. We advise you to start by visiting the Boatshow – an international exhibition of yachting boats, which brings together true fans of water travel.

Ticket cost for such an event in Moscow is purely symbolic, and it is also affordable in Europe (for example, in Cannes it is 15 euros). The most expensive visit will be in Monaco (about 300 euros).

The advantage of this event is that you can climb aboard and see the arrangement of the yacht with your own eyes. In addition, at such exhibitions, the sale of yachts by companies and private owners is practiced. It is known that such shipyard sellers and distributors create the most favorable conditions for commercial transactions.

At the boat show, you can interact with helpful people such as brokers, dealers, service companies and manufacturers, as well as design specialists. Through appropriate communication, you will gain invaluable experience that will allow you to adequately assess the offerings of the primary and secondary market, taking into account the budget, power reserve and the number of boat cabins.

Among the most popular exhibitions are the Cannes Yachting Festival held every September and the famous Monaco Yacht Show.

True, during the quarantine period, you will have to limit yourself to online monitoring.

Further, it will be advisable to turn to the help of a specialized company, which employs professional brokers. Such competent employees will acquaint you with the dynamics of the market, and with sellers who are ready to yield in price, and with other important nuances.

How to afford a yacht if you're not a billionaire

What else should you consider when choosing and buying a yacht?

It is worth knowing that the actual purchase of the boat is followed by the need to give it a name, as well as the registration of the vessel, its insurance and identification with the berthing place.

The registration of yachts is carried out in special state structures with the appropriate jurisdiction. The cost of such a procedure depends on the purpose of your purchase. If it is a private exploitation, the buyer pays an amount of 1 thousand euros, and if the purchase is for commercial purposes, you will have to pay several times more.

The choice of the name of the yacht is a personal matter for each ship owner. Often, boats are given female names in honor of their relatives and beloved ladies.

The choice of anchorage location for a boat depends on its dimensions – if a small boat has enough space on the dock at the house, then a larger yacht requires a specially organized parking in a certain country that you plan to visit.

Also worth considering the costs of maintaining the team. Although in the case of obtaining a captain’s rights, you can become a yacht captain yourself, and members of your family can become sailors.

If you are not sure about the availability of all the funds that will be needed to buy and maintain a boat, the issue can be solved by renting a yacht, which is more affordable.

You can get more detailed assistance in buying a yacht, advisory and practical, by contacting the specialists of our company Sparks Life. Employees have extensive experience in resolving these issues – contact the professionals!

You may be interested

November 19, 2021

What prevents businessmen from renting a private jet?

What prevents businessmen from renting a private jet? The idea of renting or acquiring your own plane is increasingly gaining popularity in many countries. However, the cost of such flights is undoubtedly more expensive, and increases occur constantly. Most people who have enough cash on hand do not use leased aircraft. In this article, we...
Read more
August 26, 2021

Private jet to the Maldives

Private jet to the Maldives. The modern traveler no longer needs to stand in line for tickets and wait a long time for regular flights to the Maldives. You can quickly rent a comfortable plane in such a picturesque and remote corner of the world. Moreover, you can plan your own route, traveling along which you can...
Read more
August 22, 2021

Giraglia Rolex Cup Regatta

The annual Giraglia Rolex Cup regatta is one of the most prestigious events in yachting. It has been held since 1953. in June Yacht Club Italiano. Hundreds of participants from all over the world come here to get a great experience, to work out the strategy and practice of behavior at the helm in various...
Read more
November 17, 2021

What to do if there is a flight delay?

Each passenger may experience such an unpleasant situation as a flight delay. Sparks Life invites you to familiarize yourself with the rights of airline customers in order to understand what to rely on in such a case:  All clients of classic, charter or low-cost flights have the same rights in the event that the flight...
Read more
November 19, 2021

Unforgettable journey through Uganda, Rwanda and Congo

For completely unjustified reasons, our tourists rarely choose Rwanda, Uganda or Congo to journey. This is totally unfair, given that it is possible to see a large variety of wild animals here in natural conditions, to get acquainted with unique African traditions and to enjoy the most comfortable microclimate. The latter fact cannot but please,...
Read more
November 19, 2021

How to choose a yacht for a trip around the world

How to choose a yacht for a trip around the world, in addition to taking into account the budget, requires attention to a number of factors. You will learn about these aspects and their specifics by reading our article. Dimensions of the vessel It is worth knowing that large yachts are difficult to manage and...
Read more
March 29, 2023

VIP flight is the best option

VIP flight is the best way to quickly, comfortably and safely get to the desired point of the world. Premium class company “Sparks Life” provides business jets for rent on the most favorable terms for you. With us you will cover any distance by air quickly, safely and comfortably. Everything you need for a VIP...
Read more
August 22, 2021

Popular yachting destinations

When planning an exotic trip aboard a yacht, it is important not to neglect your own safety. The expanses of the ocean are unconquered and unpredictable, therefore it is important for a person to take into account the seasonality of one or another part of the world when planning a route. Equally important is the level of...
Read more
August 26, 2021

Private flight to the Dominican Republic

A private flight to the Dominican Republic is an opportunity to travel at a convenient time and without transfers. Quick, easy and convenient. Not worth it spend valuable time waiting for check-in, heavy queues and standard flights. You can fly to the Dominican Republic absolutely every day, ensuring the speed and comfort of the flight. You can...
Read more
August 26, 2021

Rent a plane in the US

Clearly plan your time without losing a second, only a serious and enterprising person can. Of particular importance is this skill in cases when you need to organize a trip. There is neither the time nor the desire to adjust to the schedule of the airline, to monitor the availability of free space on the flight or...
Read more
August 02, 2023

Fort Boyard and the Fortress la Rochelle

Yachting in France along the route: Trinite – Oedik – Nuarmutier-en-L ‘Il – La Rochelle – Ye – LeCruizik – Bel-Il – Trinita. Our fascinating water tour will begin and end in Trinita. We will make crossings on the cozy and comfortable yacht Oceanis 45. This vessel has 4 beautiful cabins and 2 bathrooms with...
Read more
August 22, 2021

Aircraft rental

How to choose the cheapest private flight Aircraft rental worldwide. People say that the cost of private jets starts from five, ten, one hundred million conventional units, which is why even millionaires cannot afford the purchase and maintenance of such air transport. However, there is also positive information. It is believed that the purchase of...
Read more