buy a yacht 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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When looking for new, pre-owned, and used used yachts for sale in India, the amount of time it takes to narrow down exactly what you want can some times be intimidating. With so many manufacturers, models, and boats types, how do you begin to find the right yacht that meets your budget and your needs?

 Yachts for Sales is the one-stop professional yacht brokerage that can navigate you through the frustrations and help you make the best decision possible when it comes to the purchase of your next boats. We can help you find the yacht for sale, set up the showings, help negotiate pricing, handle the yacht closing and everything else involved, and we do all of this so you are able simply sit back and to enjoy the process. Buying a yacht requires a significant investment and it is our goal to provide you with detailed information and professional guidance.

When searching for a yachts for sale , there are a plethora of options. The yachts on our website number over 2,050 listings, including yachts built by top brands such as Grand Banks, Burger, Spencer, CNM, Benetti, Christensen, Vanquish, Gamefisherman and more. Yachts for Sale can also help you find the best used center-console boats for sale in India from brands like Yellowfin, Contender, and more. To view used yachts for sale in India, browse below and click the photo for more information.

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At first glance, India appears to be a third-world country. This is not at all the case, in that India is rich in natural resources, coupled with a technologically developed industry base and immense territories. It is quite possible that it will become a superpower in the nearest future, overthrowing China from its throne. The India of today is home to numerous factories, plants, companies, cities with millions of people, and is located on the coast of the Indian Ocean. It is a comfortable and well-developed tourist region, presenting endless opportunities for not only the common traveler, but also for the Indian Yacht voyager, as well.

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There are also Indian Yacht regattas, boat shows and exhibitions held in this region. As one of the industry giants, India has been attracting foreign investors from all over the world, many who have actually built their own shipyards here, a process not only beneficial to India's industrialization, but for the entire Indian Yacht market, as well. You can buy an Indian Yacht for a relatively low price, but that is not the only advantage of the local market - come and find out for yourself!

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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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Classic Benetti motor yacht India listed for sale

The 35.4 metre Benetti motor yacht India has been listed for sale by Nicolas Valin Equinoxe Yachts International .

Constructed with a steel hull and aluminium superstructure by Italian yard Benetti, the yacht was originally delivered in 1982 and has benefitted from several refits – most recently in 2019. Designed in-house, the yacht boasts accommodation for up to 10 guests in four cabins comprising a master suite, one double room and two twin cabins with Pullman berths.

Highlights on this yacht for sale include a spacious main saloon with ample soft furnishings and an elegant dining table for up to 10 guests alongside a fully-equipped galley. India ’s interiors are characterised by an abundance of windows providing plentiful natural light.

The yacht’s vast deck space is perfect for hosting large cocktail parties, particularly up on the flybridge. Aft of the cockpit is tender storage, while forward guests can find sunpads overlooking the ocean. Even more socialising opportunity can be found on the foredeck, while al fresco dining is offered on the main deck aft.

Powered by twin Caterpillar diesel engines, India has a top speed of 14 knots, a cruising speed of 12 knots and a range of 3,000 nautical miles.

India is asking €1,900,000.

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boAt Stone Lumos LED Projection review: A good portable speaker under Rs 10,000

The boat stone lumos is priced at rs 6,999 and is a well-rounded portable speaker. it combines rugged durability with premium design and delivers good sound for bass lovers. read full review to know more about its pros and cons..

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boAt Stone Lumos review  7.5/10

• Battery life
• Fancy LED projection
• Average battery life with LED
• No IP68 rating
• Limited light effects
• The boAt Stone Lumos is a head-turner
• It is priced at Rs 6,999 and is a well-rounded portable speaker
• It can deliver good sound for bass lovers

Portable speaker with LED projection gives cinematic feels

The boAt Stone Lumos is a head-turner, not just because of its sound but also its design. The first thing you will notice is its robust and somewhat rugged build, which screams durability. Weighing at 2kg, it is not the lightest speaker but is solid enough to feel substantial without being overly bulky.

Encased in a solid matte-finish exterior, the speaker feels premium in hand, while the cylindrical shape with a sturdy mesh grille provides a good grip and portability experience. The handle on the top of the speaker adds to its portability, allowing you to carry it around easily or even hang it on a hook. The speaker is IPX4-rated, making it sweat and splash-resistant. While having support for the IP68 water-resistant rating would have been better, the IPX4 rating isn't bad. You can use the speaker at the poolside or on a hiking trip without worrying about damage.