In this article, we will bring you information on the cost involve in maintaining a a 100 Foot Yacht if you own.
A yacht is a kind of recreational boat that is typically bigger than a sailboat and designed for cruising, racing, or pleasure. From tiny day sailers to luxurious motor yachts equipped with the amenities of a five-star hotel, yachts come in a wide range of sizes and designs.
If you own a yachts, there are many hidden fees you will be paying which ranges from the cost of Fuel, Mooring, Crew, Cost of depreciation, Harbour fees, Maintenance, Cleaning, Communication, Painting, Taxes, Insurance premiums among others.
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How Much Does It Cost To Maintain a 100 Foot Yacht
You should expect to pay about 20% or more of the original price of your boat in maintenance annually to keep it in Good Shape. For example, a $100 million yacht, the cost to operate will be about $20 million per year. This amount includes fuel, insurance, dock fees, maintenance and repairs, crew among others.