Ever dreamt of yachting like the elite, experiencing the glamour and drama of reality TV? Shows like “Below Deck” offer a tantalizing glimpse, but how much do Below Deck cruises cost in reality? Many factors impact the overall price, from the yacht’s size and location to the duration of your charter and any requested add-ons. This article dives deep into the costs associated with chartering a luxury yacht, allowing you to understand the investment needed to live like a yachtie – even if just for a week.
Understanding the Base Cost of a Yacht Charter
The base cost of chartering a yacht is influenced by several factors, primarily the size and age of the vessel, the level of luxury it offers, and the season in which you intend to travel. Understanding these core elements is crucial when estimating the expense of your dream yacht vacation and allows you to start comparing your options.
Yacht Size and Type
The size of the yacht directly correlates with the price. Larger yachts require bigger crews, more fuel, and higher maintenance. Sailing yachts typically have a lower base cost than motor yachts, but the difference diminishes with increasing size. For example, a 50-foot sailing yacht might start around $15,000 per week, while a comparable motor yacht could begin around $25,000.
- Small Yachts (Under 80 feet): Often offer more intimate experiences and access to smaller harbors and coves. They can be more affordable but have fewer amenities and less space. Consider these if you are a smaller party, or on a tighter budget.
- Mid-Size Yachts (80-120 feet): Strike a balance between luxury and practicality, providing ample space for guests and a good range of amenities like water toys and multiple lounging areas. The crew size increases, offering more personalized service.
- Large Yachts (Over 120 feet): These are the pinnacle of luxury, often featuring amenities such as swimming pools, gyms, spas, and helipads. The crew is extensive and highly trained, providing a seamless and unforgettable experience.
Luxury Level and Amenities
The level of luxury and the included amenities significantly impact the price. Yachts with state-of-the-art technology, gourmet chefs, and a wide selection of water toys command higher prices. Features such as jacuzzies, onboard cinemas, and dedicated spa areas also increase the charter cost. The more features available, the more that must be accounted for in the weekly rate.
Seasonality
Charter rates fluctuate with the seasons. High season, typically during the summer months in the Mediterranean or during the winter in the Caribbean, sees the highest prices. Shoulder seasons (spring and fall) offer slightly lower rates and more pleasant weather, while low season (hurricane season in the Caribbean or winter in the Mediterranean) offers the most significant discounts. This seasonal impact is the result of both weather and holiday popularity.
Breaking Down the Additional Expenses
While the base charter fee covers the yacht and crew, several additional expenses contribute to the overall cost of your yacht vacation. These expenses can significantly increase the final price, making budgeting crucial. These expenses cover all the variables a yacht charter may encompass.
Advanced Provisioning Allowance (APA)
The Advanced Provisioning Allowance (APA) typically ranges from 25% to 30% of the base charter fee. It covers expenses such as food, beverages (including alcohol), fuel, dockage fees, and other miscellaneous costs incurred during the charter. Any unused funds are returned to the client at the end of the charter, while any overages are invoiced. The APA is a good practice that can help both the charterer and the company.
Value Added Tax (VAT)
Value Added Tax (VAT) is a consumption tax levied on goods and services. The VAT rate varies depending on the charter location. In the Mediterranean, VAT can range from 5% to 22%, while some Caribbean destinations may have lower or no VAT. VAT is a standard practice around the world, and is required of the company. This is factored into the overall cost and is a part of the contract.
Gratuity for the Crew
Crew gratuity is customary and usually ranges from 15% to 20% of the base charter fee. The gratuity is typically given to the captain at the end of the charter to be distributed amongst the crew. It is a way of recognizing their hard work and dedication in providing exceptional service. The hard work and professionalism of the crew are the foundation of a good charter experience, and the gratuity is a perfect way to show appreciation.
Dockage Fees
Dockage fees vary depending on the location and the size of the yacht. Popular marinas in prime locations charge higher fees. If you plan to spend a significant amount of time in marinas, factor in these costs. These fees can range anywhere from $500 to $5,000 per night, depending on location, time of year, and yacht size.
How Much Do Below Deck Cruises Cost?: Real-World Examples
Let’s look at some real-world scenarios to better understand the costs associated with chartering a luxury yacht. The prices below are estimates and can vary depending on the specific yacht and itinerary.
Example 1: 7-Day Caribbean Charter for 6 Guests
Imagine a group of six friends wanting to experience the Caribbean on a 7-day charter. They choose a 75-foot sailing yacht with a base charter fee of $40,000 per week.
- Base Charter Fee: $40,000
- APA (30%): $12,000
- VAT (If applicable): Varies based on the specific island.
- Gratuity (15%): $6,000
- Potential Dockage Fees: $1,000 (if spending a couple nights in a marina)
- Estimated Total Cost: $59,000 + VAT
Example 2: 7-Day Mediterranean Charter for 8 Guests
Consider a family of eight wanting to explore the Greek Islands on a 7-day charter. They opt for a 100-foot motor yacht with a base charter fee of $80,000 per week.
- Base Charter Fee: $80,000
- APA (30%): $24,000
- VAT (Varies): $4,000 to $17,600 (5%-22%)
- Gratuity (15%): $12,000
- Potential Dockage Fees: $3,000 (if spending several nights in popular marinas)
- Estimated Total Cost: $119,000 – $136,600
Example 3: Budget-Friendly Option
A group of four looks to rent a 50-foot sailing yacht in Croatia for a 7-day charter.
- Base Charter Fee: $15,000
- APA (25%): $3,750
- VAT (13%): $1,950
- Gratuity (10%): $1,500
- Potential Dockage Fees: $750 (if spending a few nights in a marina)
- Estimated Total Cost: $22,950
Hidden Costs to Consider
Beyond the primary costs, several less obvious expenses can impact your yacht charter budget. Being aware of these potential costs upfront will help you avoid unpleasant surprises and ensure a smoother experience. These costs are often overlooked, but are crucial to factor in.
Insurance
Charter insurance is essential to protect yourself against unforeseen circumstances, such as trip cancellations, medical emergencies, or damage to personal belongings. Ensure you have adequate coverage for your trip. Insurance packages will vary depending on the cost of the trip, and the location of the journey.
Communications
While many yachts offer Wi-Fi, it may not always be reliable, especially in remote locations. Consider purchasing a satellite phone or a local SIM card for reliable communication. This is especially important for safety, and for keeping in touch with family and friends back home.
Transportation
Flights to and from the charter destination, airport transfers, and any land-based transportation are not typically included in the charter fee. Factor in these costs when planning your budget. Airfare can fluctuate greatly, so book well in advance if possible.
Shore Excursions and Activities
Shore excursions, such as guided tours, water sports activities, and entrance fees to attractions, are additional expenses. Plan and budget accordingly, or inquire about all-inclusive packages that include these activities. These will vary greatly based on the location of the cruise.
Debunking Common Myths About Yacht Charter Costs
Several misconceptions surround the cost of yacht charters. Separating fact from fiction can help you make informed decisions and avoid unrealistic expectations. The following myths and facts help to illuminate and define the costs associated with a luxury yacht charter experience.
Myth: Yacht charters are only for the ultra-rich.
While luxury yachts can be expensive, there are options for various budgets. Smaller yachts and off-season charters can be surprisingly affordable. Furthermore, sharing the cost with a group of friends or family makes it even more accessible. It’s possible to have a taste of the yachting lifestyle without breaking the bank.
Myth: The base charter fee includes everything.
As discussed earlier, the base charter fee only covers the yacht and crew. Additional expenses like APA, VAT, gratuity, and dockage fees can significantly increase the final cost. It’s essential to understand what’s included and what’s not before booking.
Myth: All yacht charters are the same.
Yachts vary greatly in size, luxury level, and amenities. Rates vary wildly depending on the boat and time of year. Do your research and find a boat that fits your needs and budget. It is wise to look into different companies and compare the variety and selection of their yachts.
Tips for Saving Money on a Yacht Charter
Chartering a yacht can be an incredible experience, but it doesn’t have to break the bank. Here are some tips for saving money without compromising on the quality of your vacation. These tips can save you a lot of money, and will make the experience more affordable.
- Travel During the Off-Season or Shoulder Season: Charter rates are typically lower during these periods. You’ll also enjoy fewer crowds and more pleasant weather in some destinations. This is an excellent way to save money.
- Consider a Smaller Yacht: Smaller yachts are generally more affordable and can still provide a luxurious experience. The less space needed, the less expensive the weekly rate will be.
- Cook Onboard: Reducing your reliance on restaurants and using your yacht’s galley can save money on food and beverages. Take advantage of your ship’s chefs, and enjoy the onboard cuisine.
- Limit Marina Time: Anchor in secluded bays instead of docking in expensive marinas. You’ll also have more privacy and a more authentic experience. This can reduce the overall price of the trip.
- Book in Advance: Booking well in advance can often secure better rates and availability. Plan your trip well in advance to take advantage of deals.
FAQ
How much does it cost to rent a yacht for a day?
The cost to rent a yacht for a day can vary significantly based on the size and type of yacht, location, and any additional services included. Typically, you can expect to pay anywhere from a few hundred dollars for a small bareboat rental to several thousand dollars for a luxury yacht with a crew.
What does the Advanced Provisioning Allowance (APA) cover?
The Advanced Provisioning Allowance (APA) is a fund used to cover expenses incurred during your yacht charter, such as food, beverages, fuel, dockage fees, and other incidentals. It is typically a percentage (25-30%) of the base charter fee, and any unused funds are returned to you at the end of the charter.
Is it customary to tip the crew on a yacht charter?
Yes, it is customary to tip the crew on a yacht charter. A standard gratuity typically ranges from 15% to 20% of the base charter fee and is given to the captain at the end of the charter for distribution among the crew. It’s a way to show appreciation for their hard work and service.
Can I bring my own alcohol on a yacht charter?
This depends on the specific charter agreement. Some charters allow you to bring your own alcohol, while others require you to purchase beverages through the yacht. Check with your charter company in advance to clarify their policy on bringing outside alcohol.
What is the best time of year to charter a yacht in the Caribbean?
The best time to charter a yacht in the Caribbean is generally during the winter months (December to April) when the weather is dry and sunny with comfortable temperatures. However, this is also the peak season, so expect higher charter rates. Shoulder seasons (May-June or November) can offer a good balance of pleasant weather and lower prices.
Are there any additional taxes or fees I should be aware of?
Yes, in addition to the base charter fee, APA, and gratuity, you should also be aware of potential Value Added Tax (VAT), which varies depending on the charter location. Dockage fees, customs fees (if applicable), and any shore excursions or activities are also additional expenses.
Final Thoughts
Understanding how much do Below Deck cruises cost, or yacht charters in general, can be complex, but being informed ensures a smoother planning process. While the initial price tag may seem daunting, carefully considering all expenses, exploring cost-saving strategies, and budgeting wisely can make this dream vacation a reality. Remember to compare options, plan well in advance, and choose a yacht and itinerary that aligns with your needs and budget. The payoff is an unforgettable adventure on the open sea.