Yacht Cost

Yacht Cost

So, you're considering buying a yacht and wondering how much a yacht costs today. You've started to check out yacht costs around the local marina, talk to brokers and owners about the yacht costs elsewhere, and even considered joining the nearby yacht club.

Or perhaps you're considering stepping up to the echelon of megayachts and wondering how much those exclusive yachts will run. You're talking to brokers across the world and perhaps puzzled by the prices being quoted for some if not most of the big yachts.

Their price tags, including for megayachts, vary with their age, condition, amenities and exponentially - not linearly - with length. This is because double the length means not double but six times the weight and displacement, as well as additional intricacies in engineering and interior design. For example, new 20-foot yachts cost under $50,000 but 30-foot weekender yachts cost around $200,000; new 50-foot cruisers around $1 million, while 100+ footers top $8-10 million.

The price tags climb vertically for megayachts that exceed 100 feet. New 250 to 300-foot megayachts run $50-70 million. While not new, Larry Ellison's former 244-foot Katana (pictured) a.k.a. Enigma, is also worth in this range. 400-foot megayachts are rare and worth three times as much, or a cool $200 million. So, back to you: should you buy a yacht, and if so, what kind?

The answer depends on your perspectives. Click here if you believe your wealth is yours, and here if you believe that it's a blessing from God.

You are also welcome to check out the world's 10 largest and the most spectacular multi-million dollar yachts:
- Microsoft founder Paul Allen yacht Octopus;
- Larry Ellison's former yacht Katana, now called Enigma, and the Rising Sun, which he commissioned but never owned;
- Russian tycoon, Roman Abramovich yacht Eclipse, his expedition yacht Luna and his gorgeous yacht Pelorus;
- Another Russian tycoon, Alisher Usmanov's yacht Dilbar;
- Yet another Russian tycoon, Boris Berezovsky's 007 yacht Radiant;
- Emir of Dubai's Dubai yacht with its psychedelic interior; and,
- World's largest megayacht, the monstrous Gigayacht.