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

August 03, 2023

Journey on a yacht in Madagascar

Journey on a yacht in Madagascar gives you the opportunity to leisurely enjoy your holiday – admire the landscape, contemplate the islands, explore the underwater world and its inhabitants. Occupying the fourth position in the world in size, Madagascar has incomparable flora and a specific fauna. Some species of plants and inhabitants are found only here. Forming...
Read more
November 19, 2021

What to take on a trip on a yacht?

Useful life hacking when planning a trip on a yacht. What to take on a trip on a yacht? After spending a few days on a yacht trip with a dozen crew members and a number of other passengers, it was easy to make a list of what to take with you and what to...
Read more
August 26, 2021

Event Organization in Europe

Incentives in the form of bonuses or promotions are not always sufficient incentives for their fruitfulness and effectiveness, which are used to “pamper” productive workers in high-level companies. Event Organization in Europe Our team will individually organize the event anywhere in Europe and beyond. Today we are actively working on the organizing and implementation of the...
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
September 14, 2021

Organization of a business event

We offer services for: search for premises that fit the concept of the event; equipment technique, decoration of the site; the development of complete logistics; selection of the team and support staff; preparing the program of the event; production of printed material; photo and video shooting. What the client gets Using our services, the client...
Read more
August 26, 2021

Order a private plane in Israel

The ability to rent a personal transport for flights to Israel will allow you to plan any trip, regardless of the purpose: a business meeting, a tour or treatment in the best clinic in the country. This way of traveling will avoid tedious expectations at airports and a long search for free tickets. The entire flight...
Read more
August 26, 2021

Yacht charter in Ireland

The unique landscapes of Ireland have long attracted tourists from all over the world. Here the mountains, alternating roads, open the way to the winds that go on to the fields, going down to the sandy beaches, small villages, passing into the dense forests of coniferous trees. On the shores of this magical island you can...
Read more
August 20, 2023

Caribbean cruise

Route: Cartagena (Colombia) – 1 day; San Blas (Panama) – 2 days; Puerto Colon (Panama) – 1 day; Bocas del Toro (Panama) – 1 day; Puerto Limon (Costa Rica) – 3 days; Providence Island (Nicaragua) – 1 day; Jamaica – 2 days. We have an interesting offer for lovers of sea cruises. Introducing an exciting...
Read more
August 24, 2021

Private yacht in Seychelles

A private yacht in the Seychelles has active swimming and provides an opportunity to explore all the local beauty: white crystal beaches; mysterious bays; quiet harbor; depth of watery depth; tropical islands. It is not by chance that the Seychelles is called the earthly paradise, whose islands are washed by clear, radiant waters. The archipelago consists...
Read more
August 22, 2023

Vacation on a yacht – amazing Grenada

Lush rainforests, lush waterfalls, majestic mountains and the mysterious world of underwater inhabitants – all this is Grenada. It attracts travelers from all over the world with its incredible beauty and a certain seclusion. It is here that tourists visit much less often than on other islands located in the Caribbean. Therefore, Grenada is a...
Read more
August 22, 2021

TOP popular yachts of the Mediterranean

What yacht can you meet, rent or buy in the Mediterranean? Cote d’Azur is considered a place where you can easily buy or rent a swimming facility for every taste and color. Some yachts are sold quite cheap! Many travel lovers know that acquiring a ship in Nice, Marseilles or Cannes is a legally simple process, especially...
Read more
November 19, 2021

Can I take children on a yacht with me?

Well, surely, yes! A sea trip on a yacht is an interesting adventure full of new emotions and discoveries for adults. There’s no doubt about children. This feeling when you discover new unknown places! It doesn’t matter that others have already been here before you :)). The feeling of freedom and new sensations from the...
Read more