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The Caribbean Sea - How much does it cost to charter a yacht

Chartering a yacht can cost different amounts based on the yacht size, rental time, season, and luxury level. Additionally, expenses for fuel, provisioning, and crew fees can greatly influence the overall cost. For a clear breakdown of the costs to charter a yacht, check out this post.

BVISAIL’s Yacht Charter Brokers will discuss what you can expect to pay, as there’s no one-price-fits-all in yacht chartering. We make your budget a top priority, ensuring your sailing adventure is perfectly tailored to you.

How much does it cost to charter a yacht in the Caribbean?

Inclusive Charter Rates

An inclusive yacht covers all on-board amenities, water toys, daily meals, and the ship’s bar. However, inclusive charters do not include premium drinks like champagne, dockage fees, or communication costs. In addition, when sailing in the British Virgin Islands, the cruising taxes and fees are included.

Under the Caribbean Inclusive Terms, the ship’s bar and drinks are included. And you’ll need to pay government taxes and fees separately.

Plus expenses (the most common cost for motor yacht charters)

The charter fee does not cover expenses incurred during the charter. Instead, these costs are covered by the Advance Provisioning Allowance, which usually ranges from 20% to 50% of the charter rate. The unused APA is refundable at the end of the trip. Or any overages are paid at the charter’s end.

Captain Only Rates

This type of charter cost covers the yacht rental and the captain’s services.

Available Yachts for Charter and Their Costs

Monohulls

  • Description: This vessel features a single hull, which causes a slight tilt on the water. It is equipped with one or more sails, making it ideal for both leisurely sailing and competitive racing.
  • Average cost range: Available from $10,000 to $100,000 and beyond, depending on the size of the boat.

Sailing Catamarans

  • Description: Embark on a serene journey with dual hulls and one or more sails. It also has bigger cabins, so it’s great for both adventure and relaxation on the water.
  • Average cost range: Available from $20,000 to $100,000 and beyond, ranging 50-feet to 150-feet in length.

Power Catamarans

  • Description: This engine-powered catamaran can travel quickly from point A to point B, without depending on the wind.
  • Average cost range: Available from $20,000 to $100,000 and beyond, ranging 50-feet to 80-feet in length.

Motor Yachts

  • Description: A motor yacht is a luxurious vessel powered by engines, with multiple decks for dining and lounging, and spacious sleeping quarters for guests and crew.
  • Average cost range: Available from $50,000 to $750,000 and beyond, ranging over 100-feet in length.
Surfing adventure during off peak yacht charter in the BVI
Surfing Adventure in the BVI

Factors Influencing Yacht Charter Costs

Duration of the Charter

Caribbean yacht charters usually last for a week. They charge weekly charter rates, depending on the number of guests. However, extending the charter may increase the cost due to additional amenities such as food, drinks, and fuel.

Location and Popularity

Sailing to popular spots like the British Virgin Islands, the Mediterranean, or the Bahamas usually costs more because they’re in high demand. While lesser-known regions may offer more affordable charter prices.

Charter inclusions vary by region. Caribbean charters are usually all-inclusive, covering both the yacht and services. In Croatia, additional costs are separate from the yacht rental.

Season

Charter rates vary by season, with higher prices during peak times and holidays, and lower rates during off-peak months.

In the Caribbean, the yacht charter high season is over Christmas and New Years with some yachts including Thanksgiving. Booking in advance with CKIM ensures the best yacht.

To avoid crowds and get better rates, try visiting the Caribbean from May to November. Just be prepared for the occasional rain shower. Keep in mind that yachts are usually undergoing maintenance from August through October the peak of the hurricane season.

Yacht Size and Type

The type, size, and amenities of a boat greatly affect its cost. Luxury yachts, with their added features, come with higher price tags. Essentially, the more features and comforts you want onboard, the more you’ll pay.

Crew Services

Bareboat charters in the Caribbean are less expensive than fully crewed yachts. Any type of charter can be amazing, but having a crew on board lets you really enjoy the open seas. It includes a professional captain for navigation and a chef to prepare your daily meals and delicious cocktails.

Additional Amenities and Equipment

Water toys such as paddleboards, kayaks, jet skis, and snorkeling gear can enhance your charter experience. If they’re not included in the base price, extra fees will apply. Some yachts also offer scuba diving equipment. If you’re interested, check for availability and additional costs.

Caribbean Yacht Charter: Understanding the Cost Breakdown

  • Base Charter Fee: This covers the yacht rental, crew services, and standard amenities such as water toys.
  • Advance Provisioning Allowance (APA): Food, beverages, and other provisions are generally not included unless the charter is all-inclusive.
  • Taxes and VAT: The percentage depends on the charter location and may vary. Your charter broker will keep you informed of the current rate.
  • Crew Gratuity: Even though the charter fee covers the crew, it’s usual to give a tip for great service. This is typically 10 to 20% of the charter rate.
  • Travel Insurance: At CKIM, we recommend purchasing travel insurance to provide additional protection against losses.
  • Crewed Meal Plan Options: Some yachts offer full or half-board meal plans, which incur an additional cost for daily meals per person.

Other Costs to Consider:

  • Fuel Surcharges
  • Docking and Mooring Fees
  • Communication Costs
  • Relocation Fees
  • Travel Expenses to and from the yacht, including airport transfers and accommodations
  • Onshore activities

Cost-Saving Tips for Chartering a Yacht

  • Special Offers: Booking early doesn’t always mean lower rates, so keep an eye out for last-minute deals. These can offer discounts of up to 20%, helping you secure a more budget-friendly charter.
  • Off-Season Charters: Off-peak periods often come with reduced charter prices. Additionally, you can explore beaches, anchorages, and hidden gems without the crowds.
  • Shared Charters: If you want a luxurious experience without the full expense, shared charters are an excellent option.

Sample Budget Scenarios

  • Budget-Friendly Options: Available from $15,000 to $25,000 per week. Examples include FUERTE 3, SOGGY DOGGY, and TURQUIOSE TURTLE.
  • Mid-Range Charters: Experience onboard luxury with rates starting from $25,000 to $50,000 and beyond. Examples include STEELING TIME and QARA.
  • Luxury Charters: Enjoy top-notch services and amenities while sailing the Caribbean, with prices starting at over $100,000 per week. Examples include MEMENTO VIVERE and JUST ENOUGH.
$139,000 - $149,000 /wk
  • 5 Cabins
  • 141.00 Ft Power
  • Built: 2012
$120,000 /wk
  • 5 Cabins
  • 130.00 Ft Power
  • Built: 2005
$57,000 - $65,000 /wk
  • 4 Cabins
  • 100.00 Ft Power
  • Built: 1996
$33,000 - $42,000 /wk
  • 3 Cabins
  • 82.00 Ft Power
  • Built: 2001
$21,500 - $23,500 /wk
  • 3 Cabins
  • 67.00 Ft Cat
  • Built: 2004
$16,000 - $19,300 /wk
  • 3 Cabins
  • 50.00 Ft Cat
  • Built: 2001
Scuba  Scuba Diving On Board
$21,700 - $24,000 /wk
  • 3 Cabins
  • 51.00 Ft Cat
  • Built: 2019

Start planning your budget! Make sure you know exactly what’s included in the weekly rate. With CKIM, you can easily compare yacht prices and find the perfect option before making your decision, whether it’s a Fountaine Pajot, Lagoon, or Sunreef Yacht.

Conclusion: Cost to Charter a Yacht

Can you afford a yachting vacation? Absolutely! There are yachts available that fit within your price range. Picture yourself enjoying the Caribbean, both on and off the boat, with no worries about running out of money.

The CKIM Group Inc. doesn’t just craft unforgettable crewed yacht vacations at any time of year. They also master the art of budgeting to make your dream getaway a reality. Ready to set sail on your perfect vacation?


Contact us at 1-321-777-1707 or complete this form to discuss your vacation plans.