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Home Home Sell Yacht Sell Yacht How to Budget for Your First Yacht Purchase?
How to Budget for Your First Yacht Purchase?

The budget for a first-time yacht purchase should be divided into two main components:


1.Initial purchase cost (approximately 70-75% of the total budget): Crucially, you should set aside an additional 10-15% of the purchase price as a contingency fund.


2. Annual holding costs (typically 10-20% of the purchase price per annum), comprising principal recurring expenditures such as: berthing/mooring fees, insurance premiums, routine maintenance, and contingency reserves.

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