yacht boat price in india

Average Cost of Buying & Owning a Yacht in India (with 4 examples)

The number of yacht owners has significantly increased in recent years, particularly in the coastal cities of Mumbai and Goa. This is due to the growing popularity of yachting as a recreational activity among the affluent class in India, as well as the increasing availability of high-quality yachts and yacht services in the country. Yacht prices remain competitive and depend on factors such as the yacht's brand, age, and condition.

The average cost of new yachts is around 2–3 crores (₹20–30 million or $270,000–$405,000) for smaller yachts and can go as high as 1,000 million INR ($135 million) for larger yachts. Ownership costs involve annual maintenance expenses ranging from Rs. 1 lakh to Rs. 5 lakh ($740 to $3,700) per year.

The total annual cost of owning a yacht, inclusive of maintenance, can range from ₹2 lakh to ₹5 lakh or more, depending on the size and type of yacht you choose. Below, you'll see a breakdown of this cost.

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• Operating costs for yachts, including fuel, crew, and other expenses, could be around 10% to 20% of the yacht's value each year.
• Expect to pay around 1% to 2% of the yacht's value annually for insurance coverage.
• Consult with maritime law experts and tax professionals about the legal clearances and tax considerations involved in purchasing a yacht in India.

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Cost of buying a yacht in india, cost of owning a yacht in india, four examples of yachts and their costs in india.

A yacht is a larger boat primarily used for recreational or leisure purposes. Owning a yacht in India allows you to explore the country's vast and beautiful coastline at your leisure. As a yacht owner, you have the freedom and flexibility to plan your own trips and vacations, creating memories with your friends and family.

Here's a table of the costs in USD:

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Sailing yachts : These are powered by sails and offer a more traditional sailing experience. They can be a more eco-friendly option due to their lower fuel consumption, but they may require more skill and knowledge to operate.

Motor yachts : These are powered by engines, making them faster and more straightforward to navigate than sailing yachts. Motor yachts are typically larger and more luxurious, providing various amenities and comfort options for you and your guests.

Catamarans : Catamarans have two parallel hulls, offering more stability and space than other yachts. Due to their design, catamarans provide a smoother ride and are ideal for those who want more space or are prone to seasickness.

Superyachts : These are the epitome of luxury yachting , typically longer than 80 feet and featuring multiple decks, spacious cabins, and state-of-the-art technology. Superyachts are ideal for the wealthiest yacht owners, as they come with a hefty price tag and high maintenance costs.

In this section, we'll explore the operating costs for yachts, including maintenance, docking fees, insurance, fuel, and crew expenses. As a general rule, these could be around 10% to 20% of the yacht's value each year. This percentage can give you a rough idea of ongoing expenses, but keep in mind that every yacht and situation is unique, and actual costs may vary.

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Regular maintenance : The cost of maintenance depends on the size and type of your yacht. The cost can increase over time, especially as your yacht gets older and requires more extensive repairs. Maintenance costs generally include cleaning and painting, engine and mechanical work, electric and electronic system repairs, and plumbing and sewage system maintenance.

Docking fees : These fees can vary based on the location, amenities, and services provided by the marina. To get a better understanding of docking fees for your yacht, research marinas near your desired location and request quotes for docking services. Don't forget to account for any offseason hauling and storage fees if your yacht needs to be taken out of the water during the winter months or while you're not using it.

Insurance costs : Yacht insurance is vital to protecting your investment from various risks, such as accidents, theft, or natural disasters. Insurance premiums are usually determined by factors like the yacht's value, size, age, and intended usage. As a rough estimate, you can expect to pay around 1% to 2% of the yacht's value annually for insurance coverage. However, this percentage could vary based on your specific yacht and insurance provider.

Fuel and crew expenses : Depending on your yacht's size, you might need to hire a professional crew to manage and maintain it. Crew salaries depend on their roles and experience, which can significantly affect your annual yacht expenses. In addition, fuel costs will vary according to the size of your yacht's engine and the distance traveled.

To get a taste of sailing before you buy a yacht, you can make a private reservation. Here's the average price to book a private yacht in Mumbai .

When looking for a yacht, it's essential to take into account the size, features, and costs. Here are four examples of yachts available in India , showcasing a range of sizes and costs.

Small sailing yacht : Perfect for a leisurely sailing experience, a small sailing yacht can cost around ₹2 crore to ₹3 crore (20 to 30 million rupees) depending on its age and condition. These boats are generally less than 50 feet in length and can accommodate up to six people. With lower maintenance costs and fuel consumption, it's an excellent option for beginners and weekend sailors. Here is an example of an average price for a small sailing yacht .

Mid-size luxury yacht : As you move up in size and amenities, a mid-size luxury yacht of around 50 to 60 feet in length can cost anywhere from ₹5 crore to ₹30 crore (50 to 300 million rupees). These vessels are built for comfort and offer improved accommodations, entertainment areas, and more advanced navigation systems.

Large motor yacht : As the size continues to increase, large motor yachts measuring over 70 feet in length can easily exceed ₹70 crore (700 million rupees). These yachts are more luxurious, come with state-of-the-art technology, and can accommodate more guests. With more power, they are perfect for long-range cruising and hosting exclusive events.

Mega yacht : For the ultimate yachting experience, mega yachts are considered the pinnacle of luxury and status. Over 100 feet long, the price tag can reach several hundred crores, based on the level of customization you desire. Mega yachts, as their size suggests, are equipped with advanced technology, luxurious amenities, and plenty of space for entertaining.

New yachts in India

You can expect to spend anywhere from 2 to 30 crores (20 to 300 million rupees) for a new yacht, depending on the size and features of the yacht. Smaller yachts will typically be on the lower end of this range, while larger yachts will be more expensive. Some factors to consider when purchasing a new yacht include the brand, build quality, and additional features.

Used yachts can be more affordable than new ones

These are more affordable, especially if you're willing to compromise on certain features or the age of the yacht. In general, you can expect to spend around 60–70% of the original price on a used yacht. Keep in mind that the condition and maintenance history will play a significant role in determining the price of a used yacht, and it's crucial to carefully inspect any used yacht before making a purchase.

Imported yachts to India

The cost of an imported yacht will depend on factors such as the country of origin, size, and specifications of the yacht. Additionally, you may face additional costs like import duties, taxes, and shipping expenses. It's essential to familiarize yourself with the legal requirements and tax implications of importing a yacht to India before making a decision.

Custom-built yachts for a unique experience

These personalized yachts offer the opportunity to design and create your dream yacht. The cost of a custom-built yacht can vary widely, depending on factors such as the size of the yacht, the materials used, and the complexity of the design. While custom-built yachts can be expensive, they offer unparalleled personalization and luxury for those willing to invest.

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How Much Does a Yacht Cost in India? (A Comprehensive Guide)

Have you ever dreamed of owning a yacht and sailing the open seas? In India, the cost of owning a yacht can be within reach and you can enjoy the ride of a lifetime.

In this comprehensive guide, we’ll explore the various factors that affect the cost of a yacht in India, including size, style, features, and more.

We’ll also discuss the benefits of owning a yacht, what to consider when choosing a yacht, docking fees, taxes, and maintenance costs, and yacht chartering options in India.

Ready to learn more? Let’s get started!.

Table of Contents

Short Answer

The cost of a yacht in India can vary significantly depending on the size and features of the yacht.

Generally, smaller yachts can range from around 2-3 crores (20 to 30 million rupees) while larger yachts can cost up to several hundred crores (1,000 million rupees).

Additionally, there are many other factors that can affect the price such as the brand, age, and condition of the yacht.

Factors That Affect the Cost of a Yacht in India

The cost of a yacht in India is affected by several factors, including the size and style of the vessel, its use, any additional features, and the level of customization.

Generally, luxury yachts in India start at around US$100,000 and can go up to US$10 million or more, depending on the size and features.

Size is one of the most important factors when it comes to the cost of a yacht.

The size of the vessel affects the cost of the yacht in terms of the materials and labor needed to build the vessel, as well as the fuel and maintenance costs necessary to maintain the yacht.

Furthermore, larger yachts tend to offer more features and amenities, which can add to the cost.

The style of a yacht can also affect the cost, as some styles are more expensive than others.

For example, a motor yacht will typically cost more than a sailing yacht.

Additionally, the type of propulsion system installed in the vessel can affect the cost, with some systems being more expensive than others.

The use of the yacht is another factor that affects the cost.

Yachts can be used for a variety of purposes, such as fishing, cruising, or racing.

Different types of yachts are suited for different types of uses, and each type of use can result in different costs.

Additional features and amenities can also affect the cost of a yacht in India.

For example, if the yacht includes a hot tub, spa, or other special features, the cost will be higher.

In addition, the level of customization can also affect the cost, as custom features will add to the overall cost of the vessel.

Finally, it is important to consider that the cost of a yacht does not include additional costs such as docking fees, taxes, and maintenance.

These costs can add up quickly and should be taken into consideration when budgeting for a yacht.

Ultimately, the cost of a yacht in India can vary significantly depending on the size, style, use, features, and customization.

For those looking for a luxurious experience, a yacht in India can provide a unique and memorable experience, but the cost can be significant.

It is important to consider all of the factors that can affect the cost of a yacht before making a purchase.

Yacht Prices Based on Size and Style

When it comes to the cost of a yacht in India, size and style are two of the most important factors.

Luxury yachts can range in size from small sailing vessels to giant superyachts, and the price per foot increases as the size increases.

Generally, a smaller yacht will cost anywhere from US$100,000 to US$500,000, while larger yachts can cost up to US$10 million or more.

In terms of style, there are several different types of yachts available in India.

Sailboats are popular for their classic appeal and simple design, but they can also be expensive to purchase and maintain.

Powerboats offer more speed and comfort, and can come in a variety of sizes.

Catamarans are also a popular option, offering more stability and room than a traditional boat.

Lastly, luxury yachts are the most expensive option and come with the most features and customization options.

When considering the cost of a yacht in India, it is important to keep in mind that the price does not include additional costs such as docking fees, taxes, and maintenance.

The cost of these additional expenses should be factored in when calculating the total cost of ownership.

Additionally, it is important to remember that the cost of a yacht is not just the purchase price; the cost of ownership includes the cost of fuel, maintenance, and any other expenses associated with the yacht.

Additional Features That Affect the Cost

When it comes to the cost of a yacht in India, there are a few additional features that can affect the overall price.

First, the size of the yacht plays a large role larger yachts typically cost more than smaller ones.

Additionally, the type of yacht such as sailboat or motorboat can also affect the price.

Furthermore, the extras and features that come with the yacht such as air conditioning , private cabins, and a kitchen will add to the cost.

Additionally, the level of customization can also play a role in the overall price.

For instance, installing custom-built furniture, fixtures, or audio-visual systems may increase the cost.

Furthermore, the type of materials used in the yacht, such as wood or metal, can also affect the overall cost.

Finally, the quality of the materials used, such as high-end stainless steel or luxurious leather, will also add to the overall cost.

The Benefits of Owning a Yacht in India

Owning a yacht in India comes with a number of benefits.

From the ability to explore Indias expansive coastline to the luxury of being able to relax and unwind in a personal space, owning a yacht can offer a unique and unforgettable experience.

Not only can you explore the diverse beauty of India, but you can also customize your yacht to fit your exact needs.

Whether youre looking for a party boat with a spacious interior, or a classic sailing yacht for a romantic sunset cruise, theres a yacht for every budget and style.

In addition to the lifestyle benefits of owning a yacht in India, there are also financial benefits.

By purchasing a yacht, you can get a substantial return on your investment, as the value of your yacht is likely to appreciate over time.

Plus, when you own a yacht, you wont have to worry about docking or mooring fees, as you would if you rented a boat.

Finally, owning a yacht in India can provide a number of health benefits.

Spending time on the water is a great way to reduce stress, clear your head, and get some much-needed fresh air.

Plus, when you own a yacht, you can customize it to include amenities like a gym, hot tub, and massage chair, allowing you to get a full-body workout while enjoying the view.

Overall, owning a yacht in India can provide a unique and luxurious experience with plenty of lifestyle, financial, and health benefits.

With the right budget, you can find the perfect yacht to fit your needs and explore the beauty of India in style.

What to Consider When Choosing a Yacht

When it comes to choosing a yacht, there are numerous factors to consider.

The size and style of the yacht, the features it offers, and the level of customization are all important factors to consider.

Additionally, one must also consider the use of the yacht, as this will determine the additional costs for docking fees, taxes, and maintenance.

The size of the yacht is an important factor to consider.

Yachts can range from 30 feet to over 300 feet in length.

There are also a variety of styles of yachts to choose from, including motor yachts, sailing yachts , catamarans, and more.

The larger the yacht, the more luxurious and expensive it will be.

When choosing a yacht, one must consider the features it offers.

It is important to determine what features are most important to you and determine if the yacht you are considering has those features.

Some of the features that can be included on a yacht are a swimming pool, spa, jacuzzi, wet bar, fire pit, outdoor kitchen, entertainment system, and more.

In addition to the size and features of the yacht, the level of customization should also be considered.

Yachts can be customized to include additional amenities such as a helipad, sun deck, and private cinema.

The cost of customization will vary depending on the specific additions.

Finally, it is important to consider the use of the yacht.

If the yacht is being used for recreational purposes, there will be additional costs such as docking fees, taxes, and maintenance.

Additionally, if the yacht is used for chartering, there will be additional costs associated with the services provided.

Choosing a yacht is an important decision, and there are numerous factors to consider.

Knowing the size, style, features, and level of customization that are important to you will help you narrow down your options and find the perfect yacht for your needs.

Additionally, it is important to consider the cost of additional fees, taxes, and maintenance that may be associated with owning and using the yacht.

Docking Fees, Taxes, and Maintenance Costs

When considering the cost of a yacht in India, it is important to remember that the price tag does not include additional costs such as docking fees, taxes, and maintenance.

These costs can be significant and should be factored into the overall budget when buying a yacht.

Docking fees can vary widely depending on the location, size of the vessel, and duration of the stay.

In general, marinas in India charge between Rs.

200 and Rs.

500 per foot of the yacht per day.

For example, a 50-foot yacht will cost approximately Rs.

10,000 to Rs.

25,000 per day.

Taxes are also an important factor to consider when purchasing a yacht in India.

The country has a variety of taxes that are applicable to the purchase and ownership of a yacht.

For example, the value-added tax (VAT) is applicable for all purchases made in India, and is calculated as a percentage of the purchase price.

There are also customs duties that must be paid for imported yachts.

Finally, it is important to factor in the cost of maintenance and upkeep when considering the cost of a yacht in India.

This includes regular services such as engine maintenance, cleaning, and repairs.

Depending on the size and complexity of the yacht, these costs can be quite significant and should be factored into the budget.

Yacht Chartering Options in India

For those looking to experience the luxurious lifestyle of yacht ownership without the full cost, yacht chartering is a great option in India.

Yacht chartering allows you to rent a yacht for a specific period of time and have access to all the amenities without the full financial burden of ownership.

There are a variety of chartering options available in India, including day trips, weekend getaways, and week-long excursions, allowing you to experience all that the Indian coast has to offer.

When chartering a yacht in India, you will likely be able to select from a variety of styles and sizes, as well as additional features such as hot tubs, spas, and more.

The cost of chartering a yacht in India depends on the length of the charter, size and features of the vessel, and other factors such as seasonality and availability.

Generally, day charters in India start at around US$2,000, while week-long charters can cost upwards of US$50,000.

In addition to the cost of the yacht charter itself, there are additional fees to consider such as fuel costs, crew wages, and docking fees.

It is important to understand all of the associated costs before committing to a charter so that you can be sure you are getting the best value for your money.

Overall, yacht chartering in India is a great way to experience the luxury lifestyle without the full financial commitment of yacht ownership.

With a variety of styles, sizes, and amenities to choose from, you can customize your experience to fit your budget and preferences.

And with additional fees such as fuel, crew wages, and docking fees, it is important to understand all associated costs before booking your charter.

Final Thoughts

In conclusion, the cost of a yacht in India depends on a variety of factors such as size, style, features, and level of customization.

Luxury yachts can start from US$100,000 and go up to US$10 million or more.

When considering purchasing or chartering a yacht in India, its important to factor in additional costs such as docking fees, taxes, and maintenance.

Owning a yacht in India can provide an unforgettable experience and a unique way to explore the many beautiful locations that India has to offer.

Therefore, if you are considering purchasing a yacht in India, its important to research the different options and make sure it is the right choice for you.

James Frami

At the age of 15, he and four other friends from his neighborhood constructed their first boat. He has been sailing for almost 30 years and has a wealth of knowledge that he wants to share with others.

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Luxury Yacht in Goa

GoaYacht (Marine Asia Group), the Goa's leading luxury yacht charter site.

Enjoy your Goa vacation on a private luxury yacht. With a global reach and access to the latest boats, we can offer you the finest vessels on hire. See our luxury yacht charter catalog, read the specifications of each boat. Find out the facilities and luxuries you will get on board these modern and super yachts. Every yacht is fully crewed. Just sit back, get pampered, and enjoy the sailing experience.

We have the entire fleet for you – motor yacht charters, sailing yachts, catamaran, speed and sport boats, jet-skis.

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Yacht charter in Goa offers everything you can imagine, and more. It can be an absolutely relaxing trip on board, a breathtaking adventure, or treasured moments with the family or friends. Yachting in Goa is the ultimate escape. Charter a fully-crewed yacht in Goa to sail on the Arabian Sea or explore the rivers, the mangroves, islands, historical and the cultural sites.

Go on your annual holiday or a once in a lifetime cruising experience. You can celebrate a special occasion like honeymoon, birthday party, or an anniversary. We can also organize a pre-wedding photo shoot or corporate or advertisement filming on a yacht rental. You can enjoy scuba diving, snorkeling, swimming, or kayaking on the rivers and the sea from your yacht in Goa.

We believe in offering the finest level of service, professionalism, and reliability. On the yacht, you will find an experienced and knowledgeable captain and crew. There are plush air-conditioned cabins, a large sunbathing area, kitchen, refrigerator, washroom, pillows and loungers.

Spend a leisurely time on the boat. Your every demand will be looked after. You can have a yacht party with lunch, barbecue, and drinks. Fine dining while sailing is a unique experience. We bring together sophistication and comfort like never before. You cannot have a better cruising experience anywhere in India.

Call us and get all the assistance you need before departure or during the sailing trip from our experienced crew members who will be with you all the time.

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Rent a boat with or without skipper in Goa with GoaYacht. Choose from a wide selection of sailboats, motor boats, RIBs, catamarans, yachts and canal boats. We offer a huge range of boats to hire from Rs.7000/hour. With the best offers, GoaYacht helps you to find the ideal yacht charter for the perfect vacation.

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Luxury yacht sinks off Sicily: what questions must investigators answer?

One week after a luxury yacht sank off the coast of italy, the investigators seeking answers about the shipwreck face questions about extreme weather and possible human error or problems with the yacht itself..

Written by Alan Yuhas

More than 180 feet long, with a mast towering about 240 feet and a keel that could be lowered for greater stability, the Bayesian luxury yacht did not, in the eyes of its maker, have the vulnerabilities of a ship that would easily sink.

“It drives me insane,” Giovanni Costantino, CEO of the Italian Sea Group, which in 2022 bought the company that made the ship, said after its wreck last week . “Following all the proper procedures, that boat is unsinkable.”

But the $40 million sailing yacht sank within minutes and with fatal results: seven dead, including British technology billionaire Michael Lynch, his teenage daughter, four of Lynch’s friends and a member of the crew. Fifteen people, including the captain, escaped on a lifeboat.

Lynch had invited family, friends and part of his legal team on a cruise in the Mediterranean to celebrate his acquittal in June of fraud charges tied to the sale of his company to tech giant Hewlett-Packard.

Italian authorities have opened a manslaughter investigation, searching for answers from the survivors, the manufacturer and the wreck itself. They face a range of questions and possible factors.

An ‘earthquake’ in the sky?

When the Bayesian sank around 4 a.m. Monday, the waters in its area, about half a mile off the Sicilian port of Porticello, were transformed by an extremely sudden and violent storm, according to fishermen, a captain in the area and meteorologists.

But what kind of storm is still a mystery, compounded by the fact that a sailing schooner anchored nearby did not have its own disaster. Also unclear is whether the crew was aware that Italian authorities had issued general warnings about bad weather the night before.

Karsten Börner, the captain of the nearby passenger ship, said he’d had to steady his ship during “really violent” winds. During the storm, he said, the Bayesian seemed to disappear behind his ship.

Severe lightning and strong gusts were registered by the Italian air force’s Center for Aerospace Meteorology and Climatology, according to Attilio Di Diodato, its director. “It was very intense and brief in duration,” he said.

The yacht, he said, had most likely been hit by a fierce downburst — a blast of powerful wind surging down during a thunderstorm — or by a waterspout, a phenomenon similar to a tornado over water. His agency put out rough-sea warnings the previous evening, alerting sailors about storms and strong winds.

Locals have said the winds “felt like an earthquake,” and a fisherman in Porticello told an Italian newspaper he had seen a waterspout shortly before 4 a.m., and a flare go off around 4:10. He ventured to the site once the weather had calmed about 20 minutes later, he said, finding only cushions and planks.

What if the hatches or doors were left open?

Costantino has argued that the Bayesian was an extremely safe vessel that could list even to 75 degrees without capsizing. His company, the Italian Sea Group, in 2022 bought the yacht’s manufacturer, Perini Navi, which launched the ship in 2008.

Costantino said that if some of the hatches on the side and in the stern, or some of the deck doors, had been open, the boat could have taken on water and sunk. Standard procedure in such storms, he said, would be to switch on the engine, lift the anchor and turn the boat into the wind, lowering the keel for extra stability, closing doors and gathering the guests in the main hall inside the deck.

At a news conference Saturday, investigators said the yacht had sunk at an angle, with its stern — where the heavy engine was — having gone down first. The wreck was found lying on its right side at the bottom of a bay, about 165 feet deep.

Water pouring into open hatches or doors could have contributed to the sinking, experts say, but that on its own may not account for the speed at which such a large boat vanished underwater.

Asked about the hatches at the news conference, authorities declined to comment on whether they had been found open at the wreck.

Authorities have also not specified whether the boat had been anchored, whether it was under power at the time or whether its sails had been unfurled.

Could human error have possibly played a role?

Ambrogio Cartosio, the prosecutor in charge of the case, said at the news conference that it was “plausible” crimes had been committed, but that investigators had not zeroed in on any potential suspects.

“There could be responsibilities of the captain only,” he said. “There could be responsibilities of the whole crew. There could be responsibilities of the boat makers. Or there could be responsibilities of those who were in charge of surveilling the boat.”

It remains unclear what kind of emergency training or preparation took place before the disaster, or what kind of coordination there was during it. So far, none of the surviving crew members have made a public statement about what happened the night the ship sank.

Prosecutors said they want to ask more questions of the captain and crew, who have been in a Sicilian hotel with other survivors. They said that neither alcohol nor drug tests had been performed on crew members, and that they have been allowed to leave Italy.

Prosecutors also said they were also investigating why the captain, an experienced sailor, left the sinking boat while some passengers were still on board.

Besides possible manslaughter charges, authorities are investigating the possibility of a negligently caused shipwreck.

The bodies of five passengers were found in one cabin, on the left side of the yacht, authorities said. The five were most likely trying to flee to the higher side of the boat and were probably sleeping when the boat started to sink, they said.

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Eminent Malayalam filmmaker Mohan, known for his poetic and artistic movies, passed away at 76 after a prolonged illness. He was a part of the golden era of Malayalam cinema and worked with legendary directors. His movies were known for their portrayal of inner conflicts and family values. He is survived by his wife and two children. His demise is a great loss to the industry.

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