Most probably there is no other experience in the world that is comparable to chartering a megayacht. Exquisite meals, best wines purchased to your taste, professional yacht crew to cater to your every need and desire, and waking up every day in a different bay or country.

This is the lifestyle of the fortunate ones since only rich and famous people can afford It. Megayacht charter offers privacy, utmost luxury, and flexibility since the whole crew will be attending to your orders. It is very common for the owners to have professional and even celebrity chefs on megayacht charter, that have been serving in some of the best restaurants in the world. The Mediterranean is a playground to some of the largest, most expensive, and luxurious mega yachts in the world. Most of them are built by Italian, Dutch, or German shipyards such as CRN, Benetti, Perini Navi, Fedship, Blohm & Voss, or Lurssen shipyards.

Numerous megayacht charters start cruising in the western Mediterranean and the yachts remain in the Mediterranean from May, June, July, August, and September during the European summer and these megayachts are usually being operated from south of France and Monaco and Amalfi Coast or Sicily Italy, Athens Greece and Bodrum Turkey. From the last embarkation points, these megayacht charter can travel to your charter pickup destination if you desire a megayacht to come and pick you where you are, no need to mention that you will be charged a delivery fee since there is fuel consumption involved as well as possible charter days lost by the owner.

During the winter months of the Mediterranean such as November, December, January, February, and March most of these megayachts move to the Caribbean and show off in the most popular destinations like St. Martin Antigua and the British Virgin Islands where there are deeper marinas for large yachts or well sheltered and easily accessible ports that can accommodate these megayachts. To be able to book a megayacht charter you need to plan several months. most of the owners like to spend time on their megayachts too and of course, they get the most suitable dates for themselves first. The most successful charter megayachts are always booked first so it is rather difficult to get the best megayachts available on short notice…

Megayacht Charter Fees

Mediterranean megayacht charter rates are a bit higher than the Caribbean, there is a base charter rate for the weekly use of the megayacht. this is usually quoted for a minimum of seven days on the megayacht unless otherwise indicated. If you wish a mega yacht charter for less than a week then the weekly charter rate is divided into 5 ( instead of 7 ) and multiplied by the number of days you wish to charter the yacht. In addition to Megayacht charter rates, there is a payment called the APA ( Advance Provisioning Allowance ) which is an advance payment that is handed over to the captain or the yacht manager so that the yacht can be provisioned with food and beverages and fueled as per your anticipated itinerary and personal preferences. The APA is calculated between 25-35 % of the charter rates depending on the yacht and your choice of itinerary.

We usually calculate 30% of the base rate as a reasonable APA. since these funds belong to you and the captain is only authorized to spend for fuels and provisions, there will be a final calculation/reconciliation at the end of the charter, the captain will calculate the expenditures and reconcile the APA so that may the charterer may get some of his money back or may be asked to pay the shortage from the charterer.

The VAT (Value Added Tax) varies from one country to another but probably averages out to about 13 to 15 % of the weekly charter rate. which is compulsory by the flag country. Delivery fee is applicable if you wish to be picked up from a place where is different than she is available for the agreed charter date. Say you want to be picked up in Athens and cruise around Mykonos and be dropped off in Santorini. If the yacht is already in Athens, Greece no delivery fee applies. However, If the yacht happens to be in Corfou, for example, there will be a delivery fee for her to travel empty to Athens for your pick up.

There is also a Redelivery fee that is charged when the charterer chooses a one-way yacht charter. Let’s say you have a pick up in Athens and want to be dropped off in Monaco then there will be a Redelivery fee to bring the boat back to her base or home port. Crew Gratuity is usually around 5% to 10% of the charter fee depending on your satisfaction.

Our charter contracts are always within the parameters of the standard Mediterranean Yacht Brokers Association. (MYBA) terms which is a widely accepted, recognized charter contract. Megayacht charters are not suitable for everyone when it comes to cost. However, the comfort, service quality, flexibility, and cruising speed provides a unique opportunity to see most of the popular places on the same trip. assuming that you want the luxury and high-end quality service on board a megayacht charter is certainly for you.