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Yacht Charter Costs

How Much Does it Cost to Charter a Yacht?

How Much Does it Cost to Charter a Yacht?

When you begin planning a luxury yacht charter it is important to be aware of what is included in the cost of booking your dream charter yacht.

Base Charter Rate Base Charter Rate

Base Charter Rate

The base charter fee that is advertised, normally on a per week basis, is for the charter of a yacht, with all necessary equipment, which is properly insured for marine risks and to have a full crew compliment onboard. All other operating expenses are payable by the charterer.

Yacht Charter Food Yacht Charter Food

Advance Provisioning Allowance (APA)

The Advance Provisioning Allowance (APA) is due at the time of the final charter payment. Under MYBA Terms, this sum is usually equivalent to 25% of the total charter fee, but may be 30% in some cases. Intended to cover the operating expenses of a charter such as, fuel, food, drinks, port fees, and ad hoc incidentals, these funds will be given to the captain before the start of your charter. He will ensure that your yacht is fully fueled and provisioned when you step on board. 


APA Accounts

Whilst an up-to-date summary of accounts can be requested at any time during your charter, a full set of accounts will normally be submitted by your captain at the end for the cruise. If, during the charter, the expenditure exceeds the sum already paid, additional cash funds will be required at once. Any remaining credit at the end of your charter will be reimbursed to you in full.

Italy Italy


European Union (EU) tax laws state VAT will apply should you embark within their waters, for example Italian territorial waters. This may also apply to some Caribbean islands. As these rules constantly change we would advise to speak to one of our charter brokers to make sure which VAT rules apply to your charter.

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