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467 luxury yachts for sale from around the world

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3 Million Dollar Yachts

Find the perfect 3 million dollar yacht for sale.

Discover an exquisite selection of yachts for sale, each meticulously crafted and priced at $3 million, offering unparalleled luxury and performance. These yachts represent the pinnacle of marine engineering, featuring state-of-the-art technology, opulent interiors, and sophisticated design. From sleek motor yachts to elegant sailing vessels, our curated collection caters to discerning buyers seeking the ultimate yachting experience. Each yacht promises exceptional comfort and style, with spacious accommodations, gourmet kitchens, and lavish amenities. Embark on your next adventure with confidence, knowing that a $3 million yacht from our exclusive range will deliver an extraordinary blend of luxury, innovation, and timeless elegance.

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MOONLIGHT II

EUR 68,000,000

• Length: 91.4m (299.9ft)
• 36 guests in 18 cabins
• Built: 2005 (refitted 2020), Neorion Syros Shipyards, Greece

EUR 124,950,000† (EU VAT paid)

• Length: 90.1m (295.5ft)
• 14 guests in 7 cabins
• Built: 2010 (refitted 2024), Lurssen-Werft, Germany

HERE COMES THE SUN

EUR 199,000,000†

• Length: 89m (291.9ft)
• 20 guests in 10 cabins
• Built: 2017 (rebuilt 2021), Amels, The Netherlands

O'PTASIA

EUR 89,999,000

• Length: 85m (278.8ft)
• 23 guests in 10 cabins
• Built: 2018 (refitted 2024), Golden Yachts, Greece

EUR 79,750,000† (EU VAT paid)

• Length: 80m (262.5ft)
• 18 guests in 9 cabins
• Built: 2007, Oceanco, The Netherlands

EUR 89,000,000†

• Length: 78.4m (257.2ft)
• 13 guests in 6 cabins
• Built: 2011 (refitted 2023), Abeking & Rasmussen, Germany

Price on application

• Length: 77.8m (255.2ft)
• Built: 2022, Amels, The Netherlands

PROJECT 825

• Length: 75.8m (248.6ft)
• 12 guests in 6 cabins
• Built: 2025, Feadship, Royal Van Lent, The Netherlands

EUR 55,000,000† (EU VAT paid)

• Length: 70.6m (231.6ft)
• 14 guests in 6 cabins
• Built: 2011, Proteksan Turquoise, Turkey

EUR 24,800,000 (EU VAT paid)

• Length: 70.6m (231.4ft)
• Built: 2002 (refitted 2022), Royal Denship, Denmark

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At Burgess, we always go the extra mile to find your perfect yacht and are here to guide you every step of the way during the process of buying a yacht. From securing private viewings to sourcing the best luxury yachts for sale from around the world, our expertise is your guarantee.

Access to luxury yachts unavailable on the open market

We don’t just have access to the largest public inventory of new and pre-owned luxury yachts to buy on the market, we shortlist your selection from a wide-reaching network of yacht owners to ensure you only ever get the yacht that you truly want.

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Working together to deliver the best results is integral to the Burgess DNA, so all Burgess brokers share information globally to guarantee unrivalled market insight and ensure client requirements are always met. There is nothing more important than customer satisfaction.

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The market moves quickly in the superyacht world, which is why we have positioned ourselves to gain the best vantage point, with access to the most attractive yachts to buy, to ensure you have a tailored selection wherever you are in the world.

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Our Bluewater yacht brokers have years of yachting expertise in the marine industry with in-depth knowledge of yacht sales, long standing relationships with shipyards and marinas and yacht crew alike.

Whether you want to purchase your first yacht, upgrade or sell your current vessel, our aim is to find your perfect yacht or the ideal buyer.

Bluewater’s expert brokerage services put buyers and sellers first, ensuring you are at the forefront of the fast-moving yacht sales market.

Bluewater prides itself on exceptional sales advice, market intelligence and sourcing the right yacht at the right price. No matter where you are based, you can benefit from listing or purchasing your yacht with our yacht brokers who are leading worldwide yacht sale experts in major yachting destinations such as the Caribbean, Fort Lauderdale and the Mediterranean.

We’re passionate about yachting and helping our clients by offering a full service and unrivalled support from start to finish – our commitment is defined as ‘One Company, One Complete Service’ with listings for a large selection of yacht brands such as Azimut, Benetti, Sunseeker and Princess Yachts, as well as departments dedicated to yacht charter, yacht management, yacht crew placement and crew training, to ensure we can cater for all of your yachting requirements.

Contact us today to find your dream yacht.

• €135,000,000

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• €990,000

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• €39,900,000

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• €26,900,000

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• €1,850,000

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YACHTS FOR SALE

Browse luxury yachts available for sale

Superyachts For Sale

YACHTZOO is made up of brokers who all share the same goal – to deliver our clients the best advice on superyachts for sale. We pride ourselves on teamwork and we understand that deciding between your shortlisted yachts is both a choice of the heart and the head. We believe that the role of a yacht broker is to provide you with expert advice and support throughout your decision-making process.

Please browse through our selection of superyachts below.

Length (ft)

Number of cabins.

• Motor yacht
• 74 m / 243 ft
• PROTEKSAN TURQUOISE - Please enquire
• 14 guests in 7 staterooms

T700 MILANO

• 70 m / 230 ft
• TANKOA - 2028

• 63 m / 207 ft
• ROSSINAVI - 2018
• 12 guests in 6 staterooms

MAJESTY 175

• 55.1 m / 181 ft
• GULF CRAFT - 2026
• 12 guests in 7 staterooms

T55 SPORTIVA

• 55 m / 180 ft
• TANKOA - 2026
• 10 guests in 5 staterooms

• HEESEN - 2011

ADMIRAL PANORAMA 53

• 53.66 m / 176 ft
• ADMIRAL - 34 months

NEO 52M STEEL

• 52 m / 171 ft
• SANLORENZO - April 2026

• 51.56 m / 169 ft
• WIDER - 24 months

AMER YACHTS ALUMINIUM 50

• 50.97 m / 167 ft
• PERMARE - 2026
• 12 guests in 8 staterooms

TANKOA S501

• 49.99 m / 164 ft

TETHYS – T500

• 49.9 m / 164 ft
• TANKOA - 30 months

MAJESTY 160

• 50 m / 164 ft
• GULF CRAFT - 2025

ADMIRAL PANORAMA 50

• ADMIRAL - 32 months

• 49.80 m / 163 ft
• HEESEN - 2017

• Sailing yacht
• 47.42 m / 156 ft
• ROYAL HUISMAN - 1998
• 6 guests in 3 staterooms

500EXP SANLORENZO

• 47 m / 154 ft
• SANLORENZO - May 2028

TANKOA T450

• 45 m / 148 ft

AMER YACHTS ALUMINIUM 44

• 44.21 m / 145 ft

BARON TRENCK

• 43.5 m / 143 ft
• EUROCRAFT - 2011

MAJESTY 140

• 43.12 m / 141 ft
• GULF CRAFT - August 2025

E-VOLUTION 42M

• 42.2 m / 138 ft
• PERINI NAVI - 26 months
• 8 guests in 4 staterooms

• 42.06 m / 138 ft
• AVANGARD YACHTS - 2018

COLUMBUS CROSSOVER 42

• 42 m / 138 ft
• PALUMBO - 2024

PHOENIX 135

• 41 m / 135 ft
• GHI YACHTS - 12 months

• 40.24 m / 132 ft
• MAZU YACHTS - 32 months from contract

• 40.16 m / 132 ft
• PRINCESS YACHTS - 2019

• 38.70 m / 127 ft
• TRIDENT MARINE - 1998

• 38.2 m / 125 ft
• MAORI - 2022

LAZZARA UHV 125

• 38 m / 125 ft
• LAZZARA - 36 months

MAJESTY 120

• 37.54 m / 123 ft
• GULF CRAFT - April 2025

BENETTI CLASSIC 121

• 36.9 m / 121 ft
• BENETTI - Please enquire

• 37 m / 121 ft
• COUACH - 2020
• 12 guests in 5 staterooms

TECNOMAR EVO 120

• 36.6 m / 120 ft
• TECNOMAR - 18 months

• 36.20 m / 119 ft
• CONCEPT MARINE - 2008

• 35.54 m / 117 ft

• 35.35 m / 116 ft
• SUNSEEKER - 2022

• 35.2 m / 115 ft
• SUNSEEKER - 2017

• 34.30 m / 113 ft
• MAZU YACHTS - 18 months from contract

MOONEN YN202

• 34.04 m / 112 ft
• MOONEN - April 2023

• 34.10 m / 112 ft
• SANLORENZO - 2018
• 11 guests in 5 staterooms

MAJESTY 111

• 34.1 m / 112 ft
• SANLORENZO - February 2024

• 32.91 m / 108 ft
• SUNSEEKER - 2008
• 9 guests in 4 staterooms

• 33 m / 108 ft
• FERRETTI CUSTOM LINE - Summer 2023
• 9 guests in 5 staterooms

• 32.2 m / 106 ft
• HORIZON - 2011

• 32.00 m / 105 ft
• CBI NAVI - 1998
• 7 guests in 3 staterooms

QUEEN GRACE

• 32 m / 105 ft
• HORIZON - 2008

• 30.61 m / 100 ft
• MAIORA - 2022

• 30.34 m / 100 ft
• GULF CRAFT - February 2024

LAZZARA UHV 100

• 30.5 m / 100 ft
• LAZZARA - October 2024

MAIORA 30 WALKAROUND

• 30 m / 98 ft
• MAIORA - Please enquire

IRON GRYPHON

• 29.9 m / 98 ft
• RIVA - 2019

R. PAOLUCCI

• 29.76 m / 98 ft
• PICCHIOTTI - 1970

BLUE SAPPHIRE

• 29.58 m / 97 ft
• ELEGAN GROUP - 2009

• 28.65 m / 94 ft
• SEA FORCE IX - 2013

NAVETTA 28 – Custom Line

• 28.31 m / 93 ft
• FERRETTI CUSTOM LINE - 2017

• 28.45 m / 93 ft
• MAZU YACHTS - 12 months from contract

WALLY WHY 200

• 27.03 m / 89 ft
• WALLY - 2023

• 27.1 m / 89 ft

LA – SX88

• 26.70 m / 88 ft
• SANLORENZO - 2022

• 26.43 m / 87 ft
• DE VRIES - 1892

• 26.21 m / 86 ft
• HATTERAS - 2001

• 26.3 m / 86 ft
• SUNSEEKER - 2020

• 26.25 m / 86 ft
• AZIMUT - 2004

• FALCON - 2009

INTERCONTINENTAL

• 24.99 m / 82 ft

• 24.50 m / 80 ft
• MAZU YACHTS - 13 months from contract

WALLY WHY 150

• 24.06 m / 79 ft
• WALLY - 2024

• 24 m / 79 ft
• MAIORA - 2006

• 22.43m m / 74 ft
• CANTIERI COSTAGUTA - 1930

CARNIVAL LIBERTY V

• 22.50 m / 74 ft
• HORIZON - 2019
• 8 guests in 3 staterooms

• 21.94 m / 72 ft

WALLY WHY 100

• 21.49 m / 71 ft
• WALLY - March 2024
• 3 staterooms

NOMAD 70SUV

• 21.5 m / 71 ft

• 21.27 m / 70 ft
• NAUTOR'S SWAN - 1993

S/F FORWARD

• 20.6 m / 68 ft
• BERTRAM - 2012

• 20.74 m / 68 ft
• CUSTOM - 2020

RHIANN MARIE

• 20.4 m / 67 ft
• DISCOVERY - 2008

LAMBORGHINI 63

• 19.98 m / 66 ft
• TECNOMAR - November 2025
• 5 passengers - 3 cabin

• 19.25 m / 63 ft

• 19 m / 62 ft
• CUSTOM - 2007

• 17.67 m / 58 ft
• GARLINGTON - 1991

WALLY POWER 58

• 17.3 m / 57 ft

• 17.5 m / 57 ft
• MAGNUS YACHTS - 18 months
• 4 guests in 2 staterooms

GRACE – NAVETTA 58

• 17 m / 56 ft
• ABSOLUTE - 2016

• 16.95 m / 56 ft
• SEGUE YACHTS - 2023

• 15.85 m / 52 ft

VANDUTCH 48

• 14.8 m / 49 ft
• VANDUTCH - 2022

• 14.5 m / 48 ft
• SEGUE YACHTS - 2022

• 13.30 m / 44 ft
• DOMINA - 2026

EMVYA Wally 45

• 13.50 m / 44 ft
• WALLY - 2009
• 12 passengers - 1 cabin

SWAN OVERSHADOW

• 13 m / 43 ft
• SWAN - July 2024
• 2 passengers - 1 cabin

SWAN SHADOW

• 13.23 m / 43 ft
• SWAN - June 2024
• 2 passengers

• 12.48 m / 41 ft
• HORIZON - 2020

• 12.20 m / 40 ft

• 12.19 m / 40 ft
• RYBOVICH - 1955

• 11.90 m / 39 ft
• MAZU YACHTS - 13-months from contract

• 11.7 m / 38 ft

IGUANA X-100

• 9.45 m / 31 ft
• IGUANA - 2020
• 16 passengers

BERGWIND SPORTS BOAT

• 9 m / 30 ft
• BERGWIND - 2022

• 8.35 m / 27 ft
• QUARKEN - 2023
• 9 passengers - 1 cabin

Our strategic locations in the yacht sales hubs of Monaco and Fort Lauderdale , as well as London , Tokyo , New Zealand and Montenegro , place us at the very centre of the world’s yachting business. Our YACHTZOO team is continually travelling the world inspecting luxury yachts for sale as well as visiting leading shipyards, making sure we are up to date with the latest superyacht developments and availabilities in the yacht brokerage market, passing on this advantage to our clients looking for yachts for sale.

With more than 5,000 yachts over 24m on the water today, the pool of options for buying a luxury yacht is very deep (including larger mega yachts, as well.) With the specialist knowledge and industry connections of a YACHTZOO sales broker, the process of refining your search is transformed into an enjoyable experience. Whether you’re looking for a motor yacht or sailing yacht, or an option from a specific builder like Sunseeker, Benetti, Heesen or Ferretti, we will work to get you in the perfect yacht.

YACHTZOO prides itself on providing our clients with the highest level of personalised service and discretion. With the help of a YACHTZOO superyacht broker specialist, you can discover the perfect option based on your individual needs and requirements.

To get in touch with a broker, fill in the form here and a YACHTZOO team member will be in touch by phone or by e-mail with a selection of options matching your requirements.

Nothing matches the prestige of owning a superyacht and joining an exclusive club of luxury yacht owners. A superyacht puts the world at your fingertips, giving you the freedom to travel whenever, wherever all while enjoying a highly exclusive and private experience onboard your own self-sufficient sanctuary. Cruise bluewater havens or explore the world’s most remote regions with loved ones. YACHTZOO offers an exquisite selection. Our luxury yachts are built by the world’s most esteemed shipyards and boast world-class amenities, pioneering cruising technology, and the finest craftsmanship.

How can a luxury yacht broker help me find the ideal superyacht for sale?

Working with the right luxury yacht broker ensures you access to the world’s finest superyachts for sale. YACHTZOO boasts an enviable collection of luxury yachts for sale, including state-of-the-art motor yachts, expedition yachts, elegant sailboats and new build projects . The best yacht brokerages will also have connections with prestigious shipyards, yacht Owners, and off-market boats, helping to connect you with your ideal vessel.   Working with a luxury yacht broker can also help you establish what type of vessel will suit your lifestyle needs. Those seeking to explore the world’s most remote regions might be best suited to an explorer yacht, whereas someone wishing to island-hop the Caribbean might find a motor yacht or sailing vessel best meets their needs. When buying a yacht, you must also consider what onboard amenities are essential and who you will likely enjoy time on the water with. For example, someone wishing to holiday with family and friends will want a vessel that can accommodate plenty of guests yet still afford everyone privacy. We specialize in luxury yachts for sale and can help you select the ideal boat for your needs.

How can I ensure I pick the right yacht brokerage?

It is essential that you work with a yacht brokerage that is a member of key industry bodies. YACHTZOO is a proud member of the International Yacht Brokers Association, the Mediterranean Yacht Brokerage Association, The Worldwide Yachting Association, and the Leading Yacht Brokers Association. As a member of these leading yachting associations, YACHTOO must adhere to the highest standards of professionalism and expertise, giving you complete peace of mind.

How much does a superyacht cost?

The cost will depend on several factors, including the size of the vessel, the type of vessel, the shipbuilder, the year of build, and onboard amenities. Some of the world’s largest superyachts cost hundreds of millions. However, it is possible to enter the market for less. YACHTZOO’s team of brokers can work within a wide range of budgets.

How much does a superyacht cost to run per year?

The yearly operational cost is an essential consideration when it comes to buying a yacht. Typically, you should expect to pay around 10% of the yacht’s value each year in operational costs, covering aspects such as maintenance, crew, and compliance. YACHTZOO offers exceptional yacht management services that can help streamline the operational cost of yacht ownership.

What amenities can I find on a typical luxury yacht?

The type of amenities on a yacht will vary depending on the size of the vessel, with many typically boasting onboard amenities that rival the world’s most luxurious resorts. Amenities often include a voluminous beach club with bar, hot tub / jacuzzi, swimming pool, fitness centre, spa area, open-air cinema, tender garage, sundecks, and voluminous saloons.

Browse our options or contact YACHTZOO’s sales brokerage team; they will be delighted to help you find your ideal yacht.

Browse our luxury yachts for sale or contact YACHTZOO’s sales brokerage team; they will be delighted to help you find your ideal superyacht for sale.

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Used Yachts For Sale $1,000,000 – $5,000,000

Listed below are used yachts for sale worldwide from $1,000,000 – $5,000,000. Use the search tools to narrow your exploration. SYS Yacht Sales offers a wide range of luxury used yachts for sale, including long range cruisers, motor yachts, trawlers, express cruisers, center consoles, sailboats and everything in between. Search top brands like Horizon, Broward, Azimut, Ferretti, Sunseeker, Princess, Hatteras, Viking, Grand Banks and much more. Need assistance? Contact our experienced yacht brokers. We look forward to helping you find the yacht that's right for you.

Marina Boats Berth

Porto mirabello.

Custom J.J Schiffswerft

Custom Passenger Ship

Riva Sport 56

Custom Brooke Marine

Custom Husumer Shipyard

Sanssouci star.

Custom Displacement Twin Screw

Custom 3 Masted Schooner

Tradewind Lars Johansson

Lurssen 147

Superyacht 44m CUSTOM SUEZ MAX EXPLORER

Princess of palau.

Heesen Yachts 145

Custom Manavgat GT 457

Devonport 42m

Motorsailer MS 42 Athens Shipyards

Intermarine 136 Tri-Deck Motor Yacht

Custom custom

Crucero amazonas.

Custom GULET

Cakiryildiz.

Seagull of Cayman

Inace Explora 131

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Revealed: The true cost of running a $3 million superyacht

• Superyachts
• Top stories

Everyone loves the idea of owning a superyacht but what does it actually cost to run one? The owners of a Sunseeker 105 charter yacht reveal all...

Have you ever heard the saying, “If you need to ask the cost, you can’t afford it”? Trite as it may sound, there is a grain of truth in it, especially when it comes to buying and running a superyacht.

But there are ways of offsetting the costs, which is exactly why the owners of Kefi , a 2004 Sunseeker 105 based in Florida, ended up buying a pre-owned superyacht rather than their original idea of buying a brand new 60ft sportscruiser .

By chartering out Kefi during the weeks they weren’t using it themselves, they hoped to offset the costs of running such a big vessel while enjoying the benefits of a much more palatial crewed yacht when they were able to use it.

We covered their original buying journey in the October 2022 issue of Custom Yachting. Now they have owned Kefi for over a year, they have agreed to share what it actually cost them to run and how much revenue it earns in charter fees to see whether the sums add up.

Captain and crew are integral to Kefi’s success as a charter operation. Photo: Elliott Maurice and Kefi Charters

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The rather scary-looking answer to the first question is just over $1.1 million per annum, but that includes all the costs of running a charter boat – a privately run boat would cost a fair bit less.

The answer to the second question is rather more complicated because their goal was to end up with a profitable charter business with personal use costs the same as if they were running a brand new 60ft sportscruiser privately.

To go through the numbers and show me all the work they have done to make it a successful charter business, Scott, one of the co-owners, invited me to experience a short cruise aboard Kefi from the Bahamas to the Exumas and back.

Moving between the Bahamas and Rhode Island helps extend the charter season. Photo: Elliott Maurice and Kefi Charters

Crunching the numbers

A 40-minute flight from Fort Lauderdale to Nassau provided an excellent opportunity to discuss the past year with Scott. Having owned several boats over the past three decades, including a 44ft flybridge that he still keeps for his own private use on Lake Erie, Scott is no stranger to the costs of running a boat but even he was surprised at the step up.

“It has been a learning curve,” admits Scott. “This is a whole different level financially. The costs are exponential compared to an owner-run smaller boat but we did go into it with our eyes wide open. It is a business with lifestyle implications, not a lifestyle with business implications. We didn’t want to be the alcoholic who buys a bar and drinks all the profits with his friends”.

Even so, ensuring the business model works is no easy task and a key part of that is finding the right people to run it. They tried four different captains and made several changes of crew before settling on the perfect team.

A wide array of tenders and toys keeps guests happy. Photo: Elliott Maurice and Kefi Charters

One prime example is Kefi ’s liveaboard engineer, who saved nearly $200,000 in engine rebuild work alone. He’s not the only one, when we arrive at the yacht, Captain Richard Perez, his three crew and the chef, all dressed immaculately in the yacht’s formal uniform immediately make us feel at home.

Like any business, the best investment is in the quality of its people.

Scott and his co-owner only have time to use the yacht four weeks each per year, which leaves a maximum 44 weeks free for charter. However, eight weeks of those are given over to annual maintenance and refit work, and at least as many are lost to transit and turnaround times between charters.

In their first full year Kefi was chartered for 18 weeks, and a realistic goal for the future would be between 20-25 weeks. To reach that level, Scott knew Kefi needed to stand out in a crowded market so his first priority was to bring her up to the standard of a brand new boat.

Article continues below…

When they purchased her in 2022 she was already 18 years old so a number of the systems desperately needed updating, along with many of the fixtures and fittings.

This was all factored into their original purchase and refit budget of around $3 million. A year down the line, she looks fantastic. With her clipper bow, sharp raked glasshouse and swooping lines, Kefi is classic Sunseeker through and through. In fact, at the time of our visit she was still only halfway through a two-year $600,000 refit plan.

Stepping onboard, Scott points out the freshly restored teak on the bathing platform. Progressing through the saloon doors reveals an entirely new composite wood sole in a light maple colour. The original solid walnut floor had bowed over time and looked rather dark and dated. Some of the woodwork at the rear of the saloon and wheelhouse had also faded and clouded due to sun damage and has now been replaced or re-veneered. Now it all looks, feels and smells like new.

Moving up to the wheelhouse, a very businesslike and modern glass bridge helm now takes pride of place. “We updated the entire navigation suite,” explains Captain Dan. “Only the NAVTEX weather warning system is legacy”.

An appealing cruising itinerary is almost as vital as a well presented boat. Photo: Elliott Maurice and Kefi Charters

It’s the same story up on the flybridge. The navigation gear is all brand new and the original flybridge teak decking has been replaced with artificial teak to better withstand the humidity and sunlight of the tropics. All the lighting has also been replaced with LEDs to reduce the load and bulb replacement costs – there are more than 150 downlights alone.

Moving down to the accommodation deck, Scott explains that the reason they chose the Sunseeker 105 was because it’s a four-stateroom boat with two full-beam guest suites, both of which are almost comparable in size with the owner’s suite on the main deck. “The only notable difference is the jacuzzi bath in the owner’s suite and a slightly better, more elevated view.”

All four cabins have sizable ensuite heads and the port and starboard have two generous single berths with an infill to create a king-size berth. The 105 also has an unusually large crew cabin. “A well accommodated, happy crew is as important as the guests’ comfort on a charter yacht,” explains Scott.

Photo: Elliott Maurice and Kefi Charters

Location, location, location

Kefi ’s schedule is certainly a busy one. She spends six months chartering in the Bahamas each winter, two months in the yard being fettled, and then four months in Rhode Island over summer.

“This is done for several reasons,” explains Scott. “Firstly, it avoids the hurricane season, reducing the insurance premium from $70,000 to just over $30,000 per year. Also, high season in Rhode Island is June to September and high season in the Bahamas is November to April, so we optimise our charter rate by moving between the two”.

The next part of the equation is maximising the guest experience. “I think of the yacht as a substantial villa, complete with a speed boat, watersports toys and staff so it’s vital to make sure all those elements are first rate.”

The famous swimming pigs of the Exumas make a popular excursion for charter guests. Photo: Elliott Maurice and Kefi Charters

The yacht’s purchase inventory included a 27ft Sea Hunt tender and two jet skis to which Scott has recently added a pair of new Sea Bobs and charging racks.

The weekly charter rate for all this comes to $65,000 including an agreed fuel allowance but not food, drink, docking fees, local taxes or crew tips. “Most of these costs are met by the charter guests,” explains Captain Richard. “A party wanting to drink vintage Dom Perignon and eat caviar and lobster will require a very different budget to those eating burgers and drinking Bud.”

It’s the same story with the cruising itinerary. “We can usually create an itinerary that perfectly suits the client’s wishes without exceeding the fuel allowance,” assures the Captain.

Counting the cost of owning a superyacht

During 2022 Kefi was chartered for a total of 18 weeks, bringing in a revenue of $1,170,000. Offsetting this against the annual running costs of $1,149,100 actually resulted in a small profit of $20,900.

If they can increase the number of weeks chartered from 18 to 20 weeks, the sums will look even better. Clearly, this does not account for the capital outlay to buy Kefi or the annual refit costs ($177,000 in 2022 and $174,000 in 2023), but since an annual depreciation allowance as well as the maintenance and upgrade costs can be set against the revenue, this can also prove quite a tax-efficient way of running a boat.

However, Scott is very clear that buying a yacht with charter revenue attached is by no means a foolproof business model. The risks involved are simply too substantial. If the charters drop off or something major goes wrong with the boat, the financial picture would look very different.

So far, though, buying Kefi has worked out well for them, with personal costs restricted only to the time they spend on board. So well in fact that they are now considering upgrading to a bigger yacht.

“We are looking at a 2012 Sunseeker 111. Being a five-cabin yacht, this can demand over $75,000 per week in charter fees,” Scott tells me. So has it all been worth it? “Absolutely. It is the stuff of dreams, creating memories, it’s incredible”.

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Used Yachts For Sale Under $5,000,000

Price Reduction

108' Broward 108 Cockpit Motor Yacht 1983

$ 4,999,995

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$ 4,986,400

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$ 4,950,000

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