How Much Do yacht charter in Mallorca Cost?
yacht charter in Mallorca Cost
A yacht charter is a luxury vacation experience, but one that can come with some unforeseen costs if first-time charterers aren’t aware. The base charter fee covers the hire of the vessel, crew, insurance and everything else linked to the yacht itself but anything specific for your particular yacht charter will be additional and will sit within a separate allowance called an Advance Provisioning Allowance (APA).
APA’s tend to sit at between 25 – 35% of the base charter fee and are used to cover expenses during your charter including food, beverages, mooring fees, agent handling, port, harbour and marina charges; customs clearance; telecommunication costs; and more. The captain or yacht purser will keep a detailed file of expenditure and expenses throughout your charter and at the end of your trip, if any unused APA funds are left over, these will be reimbursed to you straight away.
There are a number of factors that can impact how much your yacht charter in Mallorca will cost including the size and reputation of the yacht you choose as well as the time of year, with peak summer season and Christmas charters usually higher in price than the rest. The location of your charter will also impact the price; for example Caribbean yachts are often costlier than Mediterranean vessels and a short charter period is likely to be more expensive than a longer one.
How Much Do yacht charter in Mallorca Cost?
A yacht’s equipment and amenities also impacts the price, with newer and larger vessels generally being more expensive than smaller, older ones. It is worth remembering that if you are chartering with children, many yachts will require a child’s berthing surcharge of between USD $200 and $300 per person per week and some may not allow children on board at all.
acht charters in Mallorca vary widely in cost depending on concierge services. The primary determinants include the size and type of yacht, the duration of the charter, the time of year, and any additional services or amenities requested. For a basic day charter on a smaller yacht, prices can start around €1,000 to €2,000. However, for a luxurious week-long charter on a larger yacht with a full crew and amenities, prices can soar into the tens or even hundreds of thousands of euros.
The length of your yacht charter will also impact the price, with a longer charter likely to be more cost-effective than a shorter one. It is worth remembering that whilst many yachts are chartered on a weekly basis, some yachts offer day charters and this can significantly reduce the overall price of your charter.
A final consideration that may surprise some first-time charterers is the fact that a crew gratuity isn’t included in the base charter fee, with this typically being paid onboard at the end of your trip and ranging from 15% to 20% of the total charter fee. It is however, something that can easily be managed and controlled through an APA which is a key component of your yacht charter booking. Should you wish to avoid any potential pitfalls, speak to your dedicated yacht charter broker about this in your initial enquiry. They will be happy to help.