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2,334  Crewed Luxury Yachts for Charter in the Mediterranean

Mediterranean Yacht Charter

A Mediterranean yacht charter offers an exceedingly rich mixture of cultures, history and landscapes amongst the world's most popular yacht rental destinations. Home to iconic luxury charter locations like the sun-dappled French Riviera and the Amalfi Coast , and innumerable island paradises found in Greece , Croatia and Turkey , a yacht charter in the Mediterranean offers a range of picturesque cruising grounds bound to whet the appetite of any yacht charter guest.

Enclosed by three continents, the Mediterranean's exciting fusion of modern metropolises, sun-soaked beaches, archaeological delights and pleasant year-round weather provide the foundation for an unforgettable charter vacation. And thanks to the region's insatiable popularity, there is a wealth of choice when it comes to renting a yacht in the Mediterranean. Luxury motor yachts, sailing yachts, catamarans and even gulet charters can all be rented in these epic cruising grounds.

There is also a spectacular array of yacht charter itinerary options in the Mediterranean too, meaning whether you are looking to unwind or turn up the party dial to the max, there is something for everyone.

Mediterranean Yacht Charters: At a Glance

• Cinematic landscapes  Make up the show-stoppingly beautiful jigsaw that is the Mediterranean. From cosmopolitan thrills to blindingly white beaches and eyepopping blue waters, the choice is all yours.
• Easily accessible The Mediterranean is extremely well-connected to the US and most worldwide destinations, ensuring you travel with ease.
• Long cruising season Warm temperatures extend well into October in East Mediterranean destinations like Croatia, Greece and Turkey.
• Endless adventure and entertainment The Mediterranean is full of intrigue: it's an island-hopping, diving and snorkelling wonderland, a designer shopping mecca, and home to some of the world's most glamorous events. Simply put, the Mediterranean is the place to see and be seen.
• Top-end superyacht marinas The region has some of the most sought-after berth slips in the world, replete with state-of-the-art facilities, hip boutiques and restaurants, as well as jaw-dropping panoramas aplenty, of course.

Popular Destinations for Yacht Rentals in the Mediterranean

Luxury yacht charters in the Mediterranean are divided into two distinct cruising grounds. The West Mediterranean has been the superyacht hotspot du jour for decades, with the most popular yacht rental destinations undeniably being the South of France, Monaco ,  Italy , Sardinia, Corsica and the Ibiza. Diverse and exciting, these countries offer some of the finest cuisines, architecture, cities, and coastlines to be found in the region.

But East Mediterranean yacht rental destinations like Greece and  Turkey are also buzzing with charter activity, thanks to their incredible culture and history, spellbinding anchorages and boundless islands that make for a rip-roaring yacht charter itinerary. Montenegro and Croatia yacht charters are also becoming increasingly in-demand, with a number of state-of-the-art superyacht marinas having been developed in recent years adding to their attractiveness.

Popular West Mediterranean Regions

There are some locations that garner considerably more attention for superyacht vacations in the Mediterranean than others, which means we highly recommend you book as far in advance as possible if you are considering any of these cruising grounds.

The most popular West Mediterranean yacht charter locations are:

• The French Riviera: comprising a glittering medley of some of the world's most glamorous hotspots like Saint Tropez , Cannes, Antibes, and Monaco, think world-class restaurants, night-time revelry and endlessly alluring bays and beaches to choose from.
• The Italian Riviera:  places like Portofino and Cinque Terre are adored for their pastel-perfect villages, otherworldly vistas, and incomparable cuisine.
• The Amalfi Coast: the heavenly towns of Positano, Sorrento, Ravello and the island of Capri make a yacht charter here an intoxicatingly beautiful experience.
• Ibiza : international party capital and an upscale bohemian hotspot, Ibiza 's appeal endures.

Popular East Mediterranean Regions

The most popular East Mediterranean yacht charter locations include:

• Cyclades Islands: the most popular yachting destination in Greece, with a staggering 220 islands to cruise to, including hedonist haven Mykonos , romantic Santorini, and myriad archeological delights in Delos.
• Ionian Islands : an idyllic Greek island-chain promising pine-scented beauty and serene coves at every turn, with highlights being Corfu, Ithica and Cephalonia.
• Dubrovnik and Hvar: Croatian cities steeped in historical significance with ample cultural highlights, plus balmy weather all-summer-long late into the season.
• Bodrum: a vibrant port city in southwestern Turkey thrumming with life, packed with ultra-chic bars, beach clubs and restaurants and topaz-coloured bays.

Highlights of a Mediterranean Yacht Charter

A Mediterranean yacht rental vacation offers a mesmerizing selection of things to see and do. Here is our small selection of some of the most outstanding:

Don't Miss:

• Cinque Terre:  a string of sorbet-coloured fishing towns carved into the hills overlooking the sea in Italy.

Porto Cervo:  a luxury-lovers nirvana, with its high-end shops and designer emporiums close to the main port.

Promenade de la Croisette,  in Cannes: one of the most famous avenues in the world; peppered with high-end boutiques and Belle Époque hotels.

The Blue Grotto:  a stunning semi-submerged cave in Capri where the light refracts the sunlight from outside creating an optical illusion.

Hotel Splendido:  head to Portofino for sundowners and to try out one of their world-famous peach bellinis.

Porto-Vecchio:  Corsica's most charming town.

Porquerolles : oft-cited as the best island in the French Riviera renowned for its crystal clear waters and fragrant forests.

Îles d'Hyères : one of the best anchorage spots in the South of France.

Les Voiles : world-famous sailing regatta that takes place in Saint Tropez in September.

Villefranche-sur-Mer : postcard-perfect French fishing village.

Casino de Monte-Carlo : set pulses racing at this Belle Époque glory in the heart of Monaco. 

Monaco Yacht Show : one of the most important events in the yachting calendar.

Shipwreck Beach  (Navagio Beach): legendary beach in Greece, famous for the large shipwreck lying on the sand.

Nammos : come to this landmark beach club in Greece for a night of uber-luxe revelry amid the world's gliteratti.

Zlatni Rat (Golden Horn):  located on the southern coast of Brač, Croatia regularly listed as one of the top beaches in Europe.

Diocletian’s Palace, Split : UNESCO site within the walls of Split’s historic and thriving town.

Who Goes on a Mediterranean Yacht Charter?

The cultural heartbeat of the rich and famous in the summertime, the Mediterranean has long been welcoming the jet set to its sun-drenched shores. Well-to-do hedonists and socialites enjoy the beach club buzz, designer boutiques and glittering throng of exclusive events found in hotspots like the South of France and Monaco, where some of the most important dates in the calendar year like the Monaco Grand Prix and Cannes Film Festival also take place.

Equally, with an outstanding array of tranquil beaches, bays and inlets to explore, the Mediterranean is also a veritable nirvana for families or those simply seeking serenity on their yacht charter vacation.

History and Culture

The Mediterranean sea is connected to the Atlantic Ocean, bordering more than 22 different countries, and over 3,000 islands, the largest two being the Italian islands of Sicily and Sardinia.  Its name comes from two Latin words: 'Medius” (Middle) and “Terra” (Earth/Soil), roughly translated as the center of the Earth, and the sea itself is thought to be more than 5 million years old.

In terms of Mediterranean culture, there isn't a one size fits all approach — each and every country in the region has their own. But we can say that there are some overarching themes: an appreciation of the finer things in life being one of them: of nature and of cuisine.

Types of Yacht Charters in the Mediterranean

A luxury crewed  yacht rental vacation in the Mediterranean is without a doubt the best way to lap up the natural splendor of this magical region, offering you access to a dizzying array of splendid spots far from the typical tourist trail. 

With an extensive selection of vessels available to choose from, the perfect yacht for you and your charter party is destined to be out there. Unsure whether a crewed motor yacht charter, sailing yacht charter, or in some cases, a gulet charter will work best for you? We've laid out the main aspects to consider before making a final decision.

Motor Yacht Charters in the Mediterranean

A crewed motor yacht charter  in the Mediterranean is the epitome of luxury. With seven-star amenities and hotel-serviced living coupled with a completely unrivaled level of privacy, it's no wonder a motor yacht has evergreen appeal. Uncover awe-inspiring that are only accessible by boat, and experience what it's like to have your own floating palace.

There is a huge variety of Mediterranean motor yachts available, from 100m superyachts with all the latest charter-focused amenities to small speedy weekend cruisers, or somewhere in between. But do keep in mind when selecting your motor yacht that slips here are in high demand during the summertime, which means it's more likely you will spend time at anchor.

As for yacht types, those with planing hulls are perfect if you want to zip through locations at speed quickly. However, they are usually less stable at anchor. 

Displacement and semi-displacement hulls are slower and make up most of the global charter fleet, They are more comfortable, voluminous, and more stable with at anchor stabilizers. 

Sailing Yacht Charters in the Mediterranean

Selecting a luxury crewed  sailing yacht charter in the Mediterranean is a wonderful choice for guests looking for a slower vacation pace, where you will be wooed by the sailing yacht's old-school charm. Plus, with most sailing conditions in the Mediterranean being extremely favorable, typified by calm seas and light winds (apart from the Meltemi at certain times in Turkey and Greece), this is absolutely a sailing paradise.

And with an extensive selection of catamarans, monohulls and racer sailers available, it won't be difficult to find a charter sailing yacht in the Mediterranean that will meet your requirements.

Gulet Charters in the Mediterranean

In  Turkey  & Croatia you also have an additional charter option: the possibility of renting a gulet  with a full crew. Gulets are traditionally Turkish-built wooden motor sailor yachts which are usually much larger in volume than your average sailing yacht, with an abundance of open-plan living spaces.

Turkish gulet yachts are less expensive than other charter vessels of the same size, and can often offer all-inclusive or semi-inclusive packages, meaning you don’t need to worry about additional expenses such as food and drink. They also normally include a standard number of cruising hours per day.  Plus, their crew are often local to the region that they cruise in, meaning they can double as tour guides and can provide a lot of valuable expertise.

You can visit Greek Islands on your Turkish gulet charter vacation, but you will need to embark and disembark in a port in Turkey unless it has a Greek Charter Licence - which is very rare. 

Gulets are not available in the West Mediterranean cruising areas.

How Much Does It Cost to Charter a Yacht in the Mediterranean?

The average price of a motor yacht or sailing yacht rental in the Mediterranean will depend on several factors, including the vessel's age, type, crew, as well as the duration of the vacation and whether it is high or low season.

With so many options available, there’s something to suit every type of budget. For convenience we have listed the average prices for motor yacht and sailing yacht charters in the Mediterranean below;

• For motor yacht rentals in the Mediterranean, prices can range from $31,541 to $1.6m per week, plus expenses
• For luxury sailing yacht rentals in the Mediterranean, prices can go from $20,491 to $532,784 weekly, plus expenses

One aspect to keep in mind is that there are important distinctions to be made between the average costs for West Mediterranean and East Mediterranean yachting vacations. While exact costs can vary from yacht to yacht, typically, West Mediterranean yacht charters will involve newer, larger vessels and include a high-quality, international workforce, and therefore tend to usually incur higher prices. Meanwhile, East Mediterranean yacht charters will usually use older vessels and feature highly knowledgeable local crews. 

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When is the Best Time for Mediterranean Yacht Charters?

The best time for a yachting vacation on the Mediterranean is between May and August, although weather is still pleasant in the shoulder months of April and September, with some East Mediterranean locations experiencing high temperatures well into October (Croatia, Turkey, Greece).

Yacht charter guests in the Mediterranean during these months can expect mellow seas, cloudless skies  long, sunbaked days and low rainfall.

However, if you are looking to evade the crowds and the heat, avoid July and August.

Where Should I Begin My Mediterranean Yacht Charter?

France is by far the most popular starting point for the classic "Mediterranean milk-run charter" route (Saint Tropez to Portofino), with this term coined in the industry to reflect the most celebrated and chicest locations along the Côte d'Azur.

The best place to begin a Mediterranean yacht charter is in Nice for itineraries along the coast and towards the Italian Riviera, with the majority of guests flying into Nice Airport before being chauffeured to its port or Antibes. Cannes Vieux Port (which is a mere 30-minute drive from Nice's Airport) is also popular if beginning further west towards Saint-Tropez .

Ibiza is also a popular starting point for Balearics charters, while Positano and Ajaccio are useful embarkation ports for Amalfi Coast and Corsica yacht charters respectively.

For East Mediterranean itineraries, Athens is a popular choice for charters around Greece's Aegean archipelagos, with the highest concentration of yacht rentals, while superyachts cruising the Ionian and Adriatic Coast tend to be flexible, with charters embarking from any number of popular destinations; from Venice  in Italy down to Corfu  in Greece's Ionian Islands.

Popular Marinas and Moorings in the Mediterranean

There are many marinas in the Mediterranean, but there are some, especially within the French and Italian Riviera that are highly coveted such as St Tropez and Portofino, which means mooring costs in this region in the summer tend to be highest and availability is often extremely limited.

If you would like to spend a night in port while on your charter yacht in the Mediterranean, be sure to make this clear to your crew or your charter broker well in advance, as there is strong competition for slips.

Below is our selection of some of the finest and most popular marinas in the Mediterranean:

French Riviera Marinas

• Vieux Port de Cannes  and Port Pierre Canto in Cannes, both cater to all sizes of yachts and with 1,200 berths.
• Port Cogolin  in Saint Tropez, which boasts 1,600 berths for yachts of up to 50m/164ft, and Port Vauban in Antibes, which caters to yachts up to a 165m/541ft LOA.
• Port de Saint-Jean-Cap-Ferrat , located near the idyllic village of Villefranche-sur-Mer. This marina has 560 berths that can accommodate yachts up to 60m/197ft in length.

Italian Riviera Marinas

• Marina di Loano , not far from the French border can accommodate 900 vessels up to 77m/252ft in length.
• Porto Mirabello , in La Spezia caters to yachts of up to 100m/328ft, and a perfect point for exploring the region's jaw-droppingly pretty Cinque Terre.

Amalfi Coast Marinas

• Marina di Stabia  is one of the most popular places to begin a yacht charter on the Amalfi Coast, and boasts luxury facilities and the capacity to host yachts measuring up to 100m.

Marina Piccola  in Sorrento has 280 berths, catering to yachts measuring up to 40m.

Corsica Marinas

• Port Ajaccio Tino Rossi , the capital's largest marina, has 300 slips and caters to yachts of up to 100m/328ft
• Port Calvi , located in the northwest with 150 berths for yachts up to 65m/213ft LOA.
• Port de Plaisance Saint-Florent  ,a pretty marina tucked away in the north with 920 slips, and in close proximity to vineyards and the stunning Saleccia beach.

Popular Marinas in Greece

Kos Marina , close to the enchanting island's old harbor, this marina has a capacity for up to 250 berths with a maximum length of 80m.

Gouvia Marina , Corfu's most popular, situated in a secluded bay, with mooring of yachts of up to 80m, and boasts 1235 slips.

Athens Marina , accommodating 130 slips measuring up to 130m. Provides plenty of amenities on land, including a helipad service.

Popular Marinas in Croatia and Montenegro

• D-Marin Mandalina (Šibenik) , an award-winning marina set between two national parks in a naturally protected lagoon, with 429 sea berths for yachts up to 140m LOA and all modern marina facilities.
• ACI Marina Split , 5-star marina offering 318 protected berths, accommodating superyachts up to 90m LOA, in the heart of Croatia’s jewel.
• Porto Montenegro , award-winning marina offering an array of five star facilities, including a vibrant marina village, upscale bars, restaurants, designer emporiums and high-end boutiques, and catering to yachts up to 250m LOA.

Popular Marinas in Turkey

Kaş Marina , recently developed and has capacity for 450 yachts.

D-Marin Marina , tucked away in protected natural cove minutes from central Göcek with a 380 slip capacity for yachts up to 70m.

Setur Antalya Marina , renowned superyacht marina, capacity reaches 235 yachts.

Where to End a Mediterranean Yacht Charter

Portofino is one of the best places to disembark your Mediterranean yacht charter if you are embarking on the typical week-long yachting vacation along 'the milk run' (incorporating destinations in the French Riviera and Ligurian Coast). Guests usually take a helicopter back to Nice or Genoa airport.

For two-week-long Mediterranean charter vacations, Bonifacio is one of the most popular places to finish a private yacht charter in the Mediterranean due to its outstanding natural beauty. It boasts one of the most stunning port entrances in Europe, bordered by soaring limestone cliffs on one side, and on the other its impressive medieval old town teeters on a hilltop. Upon leaving, guests are chauffeured to nearby Ajaccio international airport.

For East Mediterranean charters, Athens is a popular disembarkation port, as well as Porto Montenegro and Dubrovnik or Split on the Adriatic Coast, all of which offer good transport links with international airports.

How to Book Your Yacht Charter in the Mediterranean

If you want to book a yachting vacation in the Mediterranean, we strongly advise booking through a qualified  yacht charter broker at least three months in advance. By doing so, you will increase the likelihood of securing your preferred dates and you will have a greater selection of yachts on offer to choose from.

This also ensures your yacht broker has enough time to craft a personalized itinerary and secure an overnight berth in the most popular marinas.

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Explore the Mediterranean

Guide to West Mediterranean

Guide to East Mediterranean

The mediterranean yacht charter itineraries.

Our extensive range of Mediterranean yacht charter itineraries has been carefully curated by industry experts to ensure your luxury yacht charter in the Mediterranean is nothing short of magical. Browse our selection of itineraries by the number of days you intend to charter a yacht as well as the specific regions you are interested in.

If you are chartering a yacht in the Mediterranean for the first time, we strongly recommend the classic 7-day Mediterranean yacht charter route. Also known as the 'milk-run': a term coined by industry professionals to reflect the most refined locations along the Côte d'Azur, this itinerary begins in show-stopping St.Tropez, cruises towards the Italian Riviera and ends in sun-soaked Portofino. For 14-day luxury Mediterranean charters, incorporating Corsica into an itinerary is also a perennially popular choice.

Discover the Mediterranean

Shopping, Scenic coastlines, cultural attractions, fine dining, luxury and fashion, pretty villages, island discovery

When to Go:

May - September

• Barcelona, Nice, Athens, Naples, Dubrovnik, Rome

Luxury Yachts for Charter in the Mediterranean 2024 & 2025

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95m   Lurssen

from $1,769,000 p/week ♦︎

Christina O

Carinthia VII

Flying Fox 22

136m Lurssen

136m   2019

from $3,328,000 p/w eek ♦︎

122m Lurssen

122m   2024

from $3,000,000 p/w eek

115m Lurssen

115m   2021

from $2,874,000 p/w eek ♦︎

108m Benetti

108m   2019

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107m Olympic Yacht Services

107m   1997/2022

from $2,211,000 p/w eek ♦︎

Black Pearl 14

105m Oceanco

105m   2018

Christina O 34

99m Canadian Vickers

99m   1943/2020

from $774,000 p/w eek ♦︎

Carinthia VII 12

97m Lurssen

97m   2002/2023

from $1,547,000 p/w eek ♦︎

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97m   2017/2022

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CC-Summer 12

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92m   2000/2023

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Aquarius 12

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Moonlight II 36

91m Neorion

91m   2005/2020

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Tranquility 22

92m Oceanco

92m   2014/2023

from $1,100,000 p/w eek

90m Corsair Yachts

90m   2007/2021

from $497,000 p/w eek

Phoenix 2 12

90m Lurssen

90m   2010/2024

from $1,000,000 p/w eek

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90m   2004/2024

from $324,000 p/w eek ♦︎

90m Oceanco

90m   2018/2024

from $1,334,000 p/w eek ♦︎

Lauren L 36

90m Cassens-Werft

90m   2002/2008

from $768,000 p/w eek ♦︎ *

89m Oceanco

Maltese Falcon 12

88m Perini Navi

88m   2006/2023

from $490,000 p/w eek

Project X 12

88m Golden Yachts

from $1,222,000 p/w eek ♦︎

86m Scheepswerf Gebr. van der Werf

86m   1998/2024

from $531,000 p/w eek ♦︎

Man of Steel 12

86m Oceanco

86m   2010/2023

86m Derecktor Shipyards

86m   2010/2021

from $945,000 p/w eek

86m Abeking & Rasmussen

86m   2009/2024

from $939,000 p/w eek ♦︎

86m   2010/2018

from $1,278,000 p/w eek ♦︎

85m SilverYachts

from $968,000 p/w eek ♦︎

Grand Ocean 12

85m Blohm + Voss

85m   1990/2019

from $703,136 p/w eek

Meridian A 12

85m Lurssen

85m   2011/2019

from $1,056,000 p/w eek ♦︎

O'Ptasia 12

85m Golden Yachts

85m   2018/2024

from $1,001,000 p/w eek ♦︎

Solandge 12

85m   2013/2022

from $1,111,000 p/w eek ♦︎

Victorious 12

85m Ak Yachts

from $890,000 p/w eek ♦︎

Le Ponant 32

84m   1990/2022

from $506,000 p/w eek ♦︎

Savannah 12

84m Feadship

84m   2015/2020

83m Golden Yachts

83m   2004/2022

82m Abeking & Rasmussen

82m   2015/2021

from $1,223,000 p/w eek ♦︎

Alfa Nero 12

81m Oceanco

81m   2007/2024

from $812,500 p/w eek *

81m Feadship

81m   2011/2017

from $1,028,000 p/w eek ♦︎

Elements 12

80m Yachtley

from $889,000 p/w eek ♦︎

Excellence 12

80m Abeking & Rasmussen

from $1,150,000 p/w eek

80m Oceanco

80m   2007/2019

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My Dragon 12

80m Columbus Yachts

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Amaryllis 12

78m Abeking & Rasmussen

78m   2011/2022

from $770,000 p/w eek

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78m   2023/2024

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77m   1974/2019

from $661,000 p/w eek ♦︎

Boadicea 18

77m   1999/2024

from $645,000 p/w eek

76m Oceanco

76m   2008/2019

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Cloudbreak 22 6 12

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Cocoa Bean 12

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74m   2014/2020

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Starburst IV 12

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74m   2011/2014

from $595,000 p/w eek

Lady Vera 12

74m Nobiskrug

74m   2011/2023

from $778,000 p/w eek ♦︎

74m   2008/2013

from $561,000 p/w eek ♦︎

Coral Ocean 12

73m Lurssen

73m   1994/2022

from $724,000 p/w eek ♦︎

73m Delta Marine

73m   2006/2015

from $525,000 p/w eek

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Mediterranean Yacht Charter Q&A

We advise booking your Mediterranean yacht rental at least three months in advance to ensure you get the yacht you desire. The longer you leave it, the fewer choices you will have to rent in the Mediterranean.

One of the wonderful aspects about renting a yacht in the Mediterranean is the exceedingly long season. For example in West Mediterranean locations like France, Spain and Italy, the best time to visit is usually from May until September. This balmy weather extends to well into October in East Mediterranean destinations like Greece, Croatia, Montenegro and Turkey.

For your Mediterranean superyacht charter, you will need to provide a completed charter agreement and 50% of the charter fee as a deposit. This is payable once the contract has been signed.

When booking a Mediterranean yacht rental, do keep in mind the costs that aren't included in the base rate, namely VAT and the APA (Advance Provisioning Allowance). The APA is usually paid in advance of the charter and is commonly set at 30% of the charter fee. This allowance covers expenses such as fuel, berthing, food and drinks, as well as any special requests. 

Please consult your yacht charter broker for any other costs you may need to factor in for your yacht charter in the Mediterranean.

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YachtCharterFleet makes it easy to find the yacht charter vacation that is right for you. We combine thousands of yacht listings with local destination information, sample itineraries and experiences to deliver the world's most comprehensive yacht charter website.

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Cruising Made Easy with The Moorings

• By Herb McCormick
• September 13, 2024

David Burgess says he grew up with a fishing rod in his hand on forays with his dad to North Carolina’s Outer Banks. Over the years, he’s owned a variety of vessels from builders including Carolina, SeaCraft and Fountain. As an equity-fund manager, he can work from anywhere. These days, he keeps his 30-foot center-console on a river near his home off Chesapeake Bay, and his 26-foot twin V-drive cat at his Florida condo. But the jewel of his current fleet, for rambling through the British Virgin Islands with family and friends several times each year, is his Moorings 464PC My Wish Too . It’s at the charter company’s base on Tortola.

The 464PC is the second power catamaran from South African builder Robertson & Caine that Burgess has purchased through The Moorings’ yacht-management program. He’s happy to rattle off several of the program’s benefits: Dockage, maintenance and insurance are all covered; he receives a monthly check from The Moorings, which charters the vessel when he’s not aboard, giving him guaranteed revenue that exceeds his regular finance payment and puts cash in his pocket; and he can enjoy a number of cruises each year while having access to charter vacations on power cats (and sailboats, for that matter) at any Moorings destination. For Burgess, this way of owning a power cat is a win-win-win.

There is, however, one caveat that he wishes to make clear: “If you’re just going to go once a year, or every other year, just charter a boat, don’t buy it. But if you’re going to go three or four times every year, on trips that can cost up to $25,000 apiece, this is a great program.”

The program has been around for a long time, initially with sailboats, says Franck Bauguil, senior vice president of yacht ownership and product development at The Moorings. “We first started getting involved with powerboats around 2003,” he says. “Some private owners buy a boat and put it in charter for a few weeks to offset expenses. That’s not what we do. We’re an established company with multiple bases globally, and we operate out of fully staffed bases with mechanics, technicians and boatbuilders. As with our sailboats, we offer bareboat charters where you drive your own boat, but we also have fully crewed options with a skipper and chef.

“Our fleet of boats, including the three power catamarans in the program, are all privately owned, but we take care of operations and management,” he adds. “You buy the boat, you own it and name it; it’s very much a regular purchase. But with that purchase comes a management agreement where we maintain the boat on behalf of the owner and charter it to a third party when they’re not using it. We take all the issues out of the owner’s hands and incur most of the expenses. We make sure the maintenance is done, the warranties are checked, the vessels are clean, the batteries are topped off—there’s nothing for owners to do except enjoy it when they’re aboard.”

As with any boat purchase, owners can lay down the cash or go the finance route. According to the boat-show special at last fall’s Fort Lauderdale International Boat Show, when it comes to the Moorings 403PC, most owners put down 20 to 25 percent of the cost of the yacht (about $1 million). The down payment is just shy of $200,000. At an 8.25 percent interest rate on a 20-year loan, the monthly payment of about $6,700 is offset by a guaranteed income of just under $7,500.

Bauguil says The Moorings continued those guaranteed payments after Hurricane Irma decimated the fleet in 2017, and during the height of the pandemic, when chartering essentially ceased. Management contracts generally run five to six years, after which the owner can keep the boat, trade it in, or have The Moorings’ brokerage operation place it for sale.

As far as usage is concerned, owners receive 84 points per year, with the cost of trips equating to two points per day. Of those 84 points, 42 can be used to reserve trips in advance, and 42 can be employed on short notice. (Owners can’t sublease their vessels, but they can offer them to friends or donate the time.) Generally, this breaks down to four to six weeks per year of in-season cruising, or up to 12 weeks per year in the offseason. Yachts are standardized across the company’s destinations, with identical engines, watermakers, electronics and so on, so if an owner chooses to charter a boat in a distant location, no surprises await.

Burgess generally divvies up his journeys among his pals, his family or other couples. With his retirement on the not-too-distant horizon, as well as that of one of his boating friends, he’s gone in half on a partnership for the new boat. And while he’s always used his boat in the BVI, for the first time he’s planned his next adventure on a sistership in the Bahamas.

It’s always good to have options, and with The Moorings’ yacht-management program, he’s found plenty.  

The Destinations

The Moorings has 18 worldwide destinations, including six islands in the Caribbean, a trio of bases in the Mediterranean, and locations in the Seychelles, Tahiti and Thailand. The 403PC and the 464PC are available at the Bahamian bases in the Exumas and the Abacos, as well as the BVI, Greece and Croatia. In addition, the 403PC is available in the Seychelles. 

The Alluring British Virgins

Perhaps the most popular of all of The Moorings’ cruising bases is the original location on Tortola, where the bareboat charter industry was basically launched in 1969. With Tortola’s easy navigation and protected anchorages, this spot remains the company’s crown jewel. Currently, there are seven 403PCs and two dozen 464PCs in the BVI charter fleet.

As of this writing, The Moorings has a pair of flybridge power catamarans available in its yacht-management program, both built in South Africa by Robertson & Caine, which also produces the Leopard line of sail and power cats. The Moorings 403PC is powered by a pair of 320 hp Yanmar diesels with a cruising speed of 15 knots and a top hop of 17-plus knots. The Moorings 464PC is also powered with a pair of twin Yanmars and has a four-stateroom, four-head configuration. 

Take the next step: moorings.com

• More: Boat Ownership , Charter , Cruising & Chartering , July 2024 , The Moorings , Yacht Ownership
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Athens Chart Briefing

Watch your virtual chart briefing.

Watch this mandatory video for detailed information on the cruising area in Athens.

This must be watched by all guests who are acting as crew members prior to arrival at the marina, as failure to watch in its entirety could delay your boat from leaving the dock.

• To begin watching the video, please click on the play button below.
• You will then be asked to enter the email address you used to make the booking, along with the booking reference number.
• Please tick the box at the bottom of the form to submit confirmation that you are ready to watch your chart briefing.
• The video will then begin to play
• Please also forward the link for this video to all members of your party who are planning to act as crew members during your trip 

Please note that you must watch the video in it's entirety

Welcome to Athens

We are excited to welcome you to our base in Athens. During this chart briefing video, please pay close attention to the area’s sailing restrictions and become familiar with how to contact the base or authorities should you need assistance when on the water. We will see you soon! Length of Video: 48:22 About Virtual Briefings Spend less time at the marina by watching your mandatory briefings online in advance. On the day you arrive, our base staff will answer questions you should have and ensure you understand the sailing area and yacht operation before you set sail. If you have not watched all of your briefing videos in advance, you will be required to watch these videos or attend an in-person briefing meeting at the base. You will receive separate emails from The Moorings containing a link to your safety briefing, chart briefing and yacht briefing. Please forward these emails to the rest of your party, so they can become familiar with important safety information.

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