250 foot yacht cost

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Costs of food provisions will vary dependent upon how eloborate food Preferenaces are

Location will play huge factor in food provisons and thing may have to be folws into remorte locations.

Crew is one of the largest expenses on a superyacht and critical to the owner’s enjoyment of their vessel. As the largest crew agency in the world, we know crew. Our cost calculator contains customized crew lists for yachts ranging from 80ft to 600ft with salary information based on our reference verified salary data.

Our users also have the ability to completely tailor the crew list to the specific needs, schedule and requirements of their vessel. Each yacht is unique and may have specific owner requests in addition to the yacht’s safe manning requirements.

Management of the supplemental crew costs and strategic budgeting can help avoid significant overspend on categories such as food and uniform. This tool contains default values based on our industry expertise and recommended budget for an efficiently and safely run superyacht.

To learn more about each crew position in detail, including salary ranges, please visit our yacht department directory .

Drag the sliders to modify your results. These are not linear scales and we expect most yachts to operate within the 20-80% window. Above 80% and below 20% costs increase or decrease at exaggerated levels and we only see numbers in these levels in very rare circumstances.

This sunburst diagram is interactive. You can click into each block to see the expense break down and mouse over each block for more details.

Our chart of accounts displays seven major categories, 20 sub-categories plus a further 80 detail categories for a total of 107.

Our yacht operating cost calculator is now on it’s third major revision. We start with actual yacht expense data from our yacht management accountants and then generate formulas to extrapolate out the budget for a wide range of yachts. We have been providing accounting services to large yachts for the past 18 years.

Our operating cost calculator is tuned for yachts from 80 to 600 feet. We find operating variables create the largest variances for yachts smaller than 100 feet and larger than 250 feet. We have tested the numbers the most in the range from 100 to 250 feet.

Our budget calculator factors in the fuel burn for a range of engine sizes typically seen installed on yachts by length. By dragging the green “fuel dockage” slider to the right you will increase the projected fuel burn rate and therefore the budget cost for fuel. Our default position would be for a typical displacement fuel burn. Position the slider in the 60-80% range for fuel projections for planning hulls.

Our default values produce a budget number that we believe is generous to run a yacht to a high standard. Perfect is a very expensive word to use in the yachting industry where standards are already high. Moving the crew and maintenance sliders to 80% will provide an “industry best” quality of crew and give them the maintenance budget to operate to a very high standard. If you need to go over the 80% area then you may have unusually labor intensive equipment on the yacht.

Yes, our yacht operating cost calculator can output a budget suitable for this situation. Adjust the owner use to 2 (minimum value), owner slider to 0, crew slider to 10%, Administration to 10%, Fuel and Dockage to 0, Maintenance to 10% and then Capital Repairs to 0. This will remove all of the large charges associated with owner use and vessel movement but leave the essential base maintenance and insurance in place.

Lift on and float in yacht transport is a popular way to transport yachts across large ocean passage. The yachts that this service certainly applies to are ones that may not have the motoring range or structural integrity for blue ocean cruising. The cost of transporting a yacht twice per year is put into our budget once the “Fuel Dockage” slider hits 75%. If your yacht has the range we recommend self-sufficient ocean passages whenever possible. Whilst the transport companies sell their services based upon reportedly well oiled operated schedules the reality is that your yacht may stay waiting for pickup for a week or more with no compensation due. When factoring in all secondary factors of self-sufficient passages (increased fuel, maintenance, potential storm damage, crew time off, extra delivery crew) compared with transporting your yacht (insurance, potential loading / unloading damage, loss of schedule control, no work whilst underway, crew flights, crew accommodation) we believe that there is a 100% premium associated with float in transport and a 75% premium with lift on transport compared with self-powered.

Abandoned yachts crash in value. We recommend that even if you are trying to sell your yacht that you use the yacht for a minimum of two weeks per year so that systems are tested and working every six months. There is nothing worse for a yacht than not being used. If you truly are not going to use the yacht then you should sell it immediately for the first genuine offer as every dollar you put into maintenance will not be recovered at the time of the sale.

We did not build this version with sailing yachts in mind. Early in our development of this version we decided to exclude sailing yachts as a few of the major cost drivers scale very differently for sailing yachts compared with motor yachts. For example: To calculate paint costs we reviewed the surface area of over 100 large yachts and created a formula for painted surface area to length. Sailing yachts just don’t scale in a consistent way. Similarly crew numbers don’t scale in the same manner that they do for motor yachts. If there is sufficient demand we may build a sailing selector switch into a future version of this tool.

We hate to hear when yacht owners were told by their broker to factor in 10% of the purchase price to operate the yacht. This over used saying is sadly right occasionally (particularly for newer yachts in the $20-30M range)… but just because a broken watch tells the right time twice a day you shouldn’t rely upon it to tell the time. As yachts get older their capital value decreases but their maintenance costs increase. There is no way that a fixed 10% of purchase cost rule can be true… if your broker told you this rule then you need a new yacht broker… we know some good ones. 😊

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Used Yachts For Sale From 161 To 190 Feet

Listed below are used yachts for sale worldwide from 161 to 190 feet. Use the search tools to narrow your exploration. SYS Yacht Sales offers a wide range of luxury used yachts for sale, including mega yachts, long range cruisers, expedition yachts, motor yachts, pilothouse yachts and everything in between. Search world-renowned manufacturers like Westport, Trinity, Horizon, Feadship, Benetti and much more. Need assistance? Contact our experienced yacht brokers. We look forward to helping you find the yacht that's right for you.

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How much does it cost to own a yacht?

By Rob Bowman | Posted On Oct 28, 2019 Updated On Dec 12, 2023

Since we opened our doors in 2002, United Yacht Sales has worked with thousands of boaters who hold aspirations of owning a yacht. A yacht can mean different things to different people, especially when discussing the difference between intended use such as fishing, day boating, entertaining, and long-distance cruising. Just as there are many applications for how you plan to use your boat, there are also many boat builders working to design the perfect yacht to meet a specific niche in the marketplace. With nearly 1,000 transactions completed each year, United brokers commonly hear the same questions asked as new boaters begin their research into finding the perfect vessel. The yacht's purchase cost isn't the only expense though and other factors need to be considered.

What does it cost to own a yacht? "The cost of ownership for a 60-foot, $1 million yacht is going to be about 10% of its value, or $100,000 per year if it's over ten years old," said Peter Schmidt , Founder of United Yacht Sales. "You can pretty well estimate that for a later model boat of this size, in the Florida market, your general costs are going to be in that range. This would include things like routine maintenance, repairs, dockage, additional supplies, and the cost of either a professional captain or a yacht manager. If it's a newer boat, the annual costs will be less, however preventative maintenance is still very important."

If you're new to boating and this is your first yacht purchase, it makes sense to discuss these questions with your yacht broker:

• Where do you plan to keep your yacht?
• Are you going to run the boat yourself or will you need a captain?

How much does it cost to maintain a yacht?

• How much does it cost to fuel your yacht?
• Is buying a yacht a good investment?

The answers to these questions vary with many factors influencing the cost of each. Simply the location of where you plan to keep and use your yacht can raise or lower your monthly spend to keep your boat maintained in the best possible condition.

( Seen below: The below 2009 Viking 50 is an example of a sportfishing boat recently sold for approximately $1 million. Boat prices have continued to increase since 2020 and are just now beginning to stabilize. )

How much does it cost to store a yacht at a marina?

One of the first and most important questions to answer before you buy a yacht revolves around storage. If you own a water-front home with a dock big enough to safely store your yacht, the savings are substantial. However, if you plan on keeping your vessel at a marina, those costs need to be included in your annual budget. United Yacht broker Christopher Cooke  owns his own yacht management company and often helps his clients find a space at a marina. "The cost of keeping your yacht at a marina really varies by location," said Chris. "You are charged per foot, but that cost can change not only depending on what county you're in, but also how many amenities are at the marina."

"In Florida, the marinas in Martin County for example, can be half the cost of Miami-Dade," continued Christopher. "It really all depends on your boating plans, where you live, and how far you're willing to travel to be at your boat."

Sailfish Marina of Stuart is a popular yacht storage facility in Martin county that is the closest marina to the St. Lucie Inlet also with accommodations for a 60-foot and over boat. There is a fuel dock at the marina as well as a tackle shop.  If you purchase a slip for a full year on an annual contract, the cost is $20-$22 per foot of your "Length Overall" . This is important, because while some boats might be called a "60", they may very well be 62 feet in length and cost more. Additionally, if you want electricity, water, and waste removal, it can cost you an extra $175 per month for one 50amp line.

Just 40 miles to the south, in the heart of Palm Beach County, sits Palm Harbor Marina. With over 200 slips, some of which can accommodate a 250-foot superyacht and state-of-the-art Marinetek concrete floating docks, the cost is much higher. Using the same example of a 60-foot cruising yacht, the cost of storage is approximately $5,760 per month, along with a $500 per month utilities fee. "With a place like Palm Harbor Marina, boaters are paying for the amenities and the location," continued Chris. Palm Harbor Marina features a yacht club with a hospitality bar and media center, a complete fitness center, game room, deli, concierge, as well as being right next to the best restaurants and nightlife in Palm Beach.

(Seen below: A yacht is welcomed by the professional staff that includes golf cart service. Photo credit: Palm Harbor Marina website.)

"For a yacht that's 60-feet, later model year, and with average usage, you can expect to pay $60,000 per year in preventative maintenance costs ," said Cooke. "And by average use I mean 150-200 hours per year. But that's assuming nothing goes wrong and has to be replaced. Typically you're looking at $4 per foot to have someone dive it, another $4 per foot to have it washed regularly, and then another $1,000 or so to go through and do a full systems check. These costs can definitely vary though depending on the boat and location. Because of inflation with the price of materials and labor, these costs have really gone up over the last 2 years." 

The best advice Christopher has for boat owners of this size is to hire a yacht management company. Yacht Management companies often oversee anywhere from 10 to 50 boats at any one time, Christopher currently has 30. The yacht manager will ensure the boat is clean, all systems checked like transmission and generators, the running gear checked, oil changes are done, and that nothing is starting to fail. Preventative maintenance can save thousands of dollars in the long run of yacht ownership and will end up paying for itself. Many yacht owners have work or other hobbies that take their time away from being able to devote to the proper maintaining of their vessel. The result can be negligence in the upkeep of the boat, causing systems to fail, and end in more costly repair bills. If you're going to spend the money on a nice yacht, a yacht management company is a smart choice.

How much does it cost to insure a yacht?

Joshua Giordano of Global Marine Insurance Agency is no stranger to insuring boats from New York to Florida. In fact, In fact, with over 20 years in the marine industry Joshua offers a unique understanding of marine insurance as it pertains to personal watercraft, boats, and yachts. This knowledge and experience allows him to find the best boat & yacht insurance at the best price.

"We get asked all of the time how much it costs to insure a yacht and the answer is it really depends on where you live and keep the yacht," says Joshua. "For a 60-foot yacht in the Northeast, you're looking at between $6,000 and $8,000 per year for insurance. Come down to Florida and that same boat is going to be $10,000 to $12,000 to insure assuming it's for private use only. If you plan to put your vessel into a yacht charter program in Florida, then costs go up $14,000 per year."

(Seen below: A 62' Azimut Yacht in Florida, if kept at a marina, will likely cost about $10,000 per year in insurance.)

How much does it cost to fill a yacht with fuel?

Trying to budget your annual expense for fuel can be difficult. Not only do some yachts have larger fuel capacities, but their fuel burn and range can also vary. This also then dependent upon how much you use your boat and how hard you will be running the engines. Cruising at lower rpm's at around an 8-10 knot speed can mean better fuel efficiency with longer running times between trips to get more fuel.

Assuming your 60-foot yacht has a fuel capacity 1,200 gallons and with an average fuel price of $5.50, and it will cost $6,600 to fill up. For new boaters, it's really difficult to gauge how much fuel you might use in a year and only personal experience and time on the water can help narrow down that annual cost.

Fuel costs per location also can change depending on where you are boating. The Waterway Guide offers up-to-date pricing on fuel at major marinas through the United States. For example, diesel fuel in Jacksonville, Florida is currently ranging from $5.40 to $5.90 depending on which marina you stop at. In comparison, stopping for diesel in the Florida Keys will start at $4.90 and could be as high as $5.30 per gallon.

Can you finance a yacht?

Finacing a yacht is very common," says Shana White with OceanPoint Marine Lending. "There are many attractive programs out there that can be tailored to fit the bueyer's needs. The boat loan approval process usually takes between 24 and 48 hours to receive an answer." Things like your income-to-debt ratio, credit score, credit history, and asset verification all go into whether or not a bank will loan you the money for a yacht. A favorable rate for a yacht loan could be 4% in the current market with other possible discounts available. Check out our Boat Loan FAQ's page for more information.

Is owning a yacht a good investment?

Why Are Yachts So Expensive?

Can I Sell My Yacht Without A Broker?

What To Know When Buying A Boat

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How Much Should I Pay For A Yacht?

Owning a yacht is an investment in yourself, not a financial one. Boats depreciate in value, they cost money to maintain, and you will almost never sell it for more than what you paid for it. The memories you create with your friends and family on a yacht, however, are worth more than words can describe.  Peter Schmidt talks about why to own a yacht after more than 40 years in the business, "Owning a yacht is a good thing, one of the joys of life. Don't let anyone tell you otherwise. A yacht allows you to make memories you never dreamed possible!" Peter is also a current boat owner and has owned several throughout his life. His kids now own their boats and are teaching Peter's grandchildren the joys of being on the water. "I love boating and my kids love boating. It gets in your blood and gets passed down through the generations. There simply is no greater pastime than owning a boat. Yes, there are some inconveniences along the way with repairs, but the good far outweighs any temporary inconveniences." 

Peter suggests "speaking to a knowledgeable, professional, and experienced yacht broker near you about the costs of yacht ownership. If you don't have a relationship currently with a United Yacht broker, please give our main office a call at (772) 463-3131 and we will connect you with the best broker to service you based on your location and boating needs.

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Northrop & Johnson is proud to offer an extensive, global and all-encompassing selection of superyachts for sale. The superyacht sector comprises the world’s most luxurious, well-designed, top-performing yachts with a wide range of amenities and styles. We hope you find your dream yacht below. When you do, please contact a Northrop & Johnson sales broker to begin the buying process.

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Which Superyacht is Right for You?

The type of superyachts best suited for you depends on the on-water experience you want. You may want power and speed, ensuring a motor-powered superyacht is right for you. Alternatively, you may want to feel the wind pushing you across the water, so a sailing yacht is best suited for your needs. In either respect, the most popular superyachts feature incredible amenities, top performance and exceptional design that allows them to retain their value for resale or charter.

When choosing the ideal superyacht, you – with the help of your broker – will weigh various options and features, including style, type of yacht, build pedigree, crew layout, facilities, décor and more. Whether you are looking for a large, modern motor yacht or a classically styled gentlemen’s yacht, Northrop & Johnson has a wide selection of superyacht types available for sale.

When buying or building a yacht, remember: first and foremost, your yacht is for you and your family or friends to use. What type of experience and use are you looking for in your ownership? Are you interested in a new or used yacht? Custom built or semi-custom? How are you planning to use your yacht? If you are planning to charter your yacht to help offset some of the running costs, then factor in the charterer, but remember, a yacht is very personal and you must consider your own needs as a priority.

Types of Superyachts

The type of yacht will shape the experience for the owner. The most popular superyachts (be they sail or motor) have a combination of elements that make them strong across the board both during ownership and in resale value and charter success. From the style and type of yacht and the build pedigree to the crew layout, the facilities and even the décor, there are many factors that, when combined, influence the enjoyment of yacht ownership. Whether you are looking for a large, modern motor yacht or a classically styled gentlemen’s yacht, Northrop & Johnson has a wide selection of superyacht types available for sale. When buying or building a yacht, remember that first and foremost your yacht is for you and your family or friends to use. What type of experience and use are you looking for in your ownership? Are you interested in a new or used yacht? Custom built or semi-custom? How are you planning to use your yacht? If you are planning to charter your yacht to help offset some of the running costs then factor in the charterer, but remember, a yacht is very personal and it is important that you think of your own needs as a priority.

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Boat of the Week: With an All-Aluminum Hull, This Rule-Breaking 250-Foot Superyacht Glimpses the Future of Design

The g250 concept is not only forward-thinking in its design, but its all-aluminum hull and superstructure are breaking the rules of superyacht construction., julia zaltzman, julia zaltzman's most recent stories.

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Silver Yachts’ 295-foot all-aluminum Bold shows that it can be done. As does Heesen’s 267-foot Galactica (formerly Project Cosmos), albeit with a patented “backbone” to minimize flex. But it’s a small list. Since the G250 was first floated as a possible collaboration with Ghost Yachts several years ago, only five aluminum yachts over 260 feet have been built.

“People regard aluminum as a good option for small tenders, but they don’t apply that mentality to the big boats,” McDiarmid told Robb Report . “In my opinion, if you build lighter, you build better.” The G250 employs a hard-chine planing hull with a wave-piercing reverse bow designed by Andrew Lea of Norson Design. It’s mated to a carbon-fiber reinforced superstructure and powered by four MTU diesel engines and double Voith Linear jets to deliver a predicted top speed of 37 knots.

“High-speed planing hulls are Andrew’s area of expertise,” says McDiarmid. “The advanced naval architecture and hybrid propulsion system sets this concept apart.”

From bow to stern, the G250 is an exercise in crossover design. It includes a shaded, sunken guest lounge on the main foredeck, which is revealed by raising a section of deck that sits on four poles. The “conversation pit” is a design trend borrowed from urban architecture, while its lift engineering is inspired by Japan’s Maglev trains, which use magnetic levitation to propel the trains forward. And in a nod to McDiarmid’s automotive design experience, a “Tom Petty pleat” runs amidships to aft, so-called in honor of the late singer whose songs were playing at the time the concept was being sketched.

McDiarmid’s “build lighter” mantra also extends to the number of decks. The G250 does away with the dedicated owner’s deck typically found on a yacht this size, keeping instead to a main deck, bridge deck and sundeck with jacuzzi. A large infinity pool on the main deck aft includes a waterfall that drops into a backlit water wall in the lower-deck beach club and spa.

“If an owner wants an extra deck we can certainly include it, but the yacht has better fuel economy without and is geared towards maximum efficiency,” he says.

Two 33-foot custom tenders, also featuring Tom Petty pleats, are stored in a tender garage forward. At the bow is a heliport, which is capable of supporting an AH145 helicopter. There are also accommodations for 20 crew.

The interior design by Silvia Iraghi complements the exterior, though with a less futuristic slant. A full-beam owner’s suite on the main deck forward enjoys two drop-down balconies on either side. The suite links to the main salon via a private library and study.

Designed with customization in mind, the earthy palette swaps bold colors for textures and natural materials, such as leather and stone. Iraghi was also careful to approach the design with buildability at the fore. Following several years as an interior installation manager at Germany’s Nobiskrug shipyard, Iraghi now works as an interior project manager at refit yard MB92 alongside running her own design studio.

“I didn’t want to put forward an interior concept that has wow factor at first glance, but can’t actually be built,” she told Robb Report . “I understand the extra costs and delays that in-build modifications cause, so I always design with weight, size and durability in mind.”

Featuring an even more efficient high-speed propulsion solution combined with increased levels of circularity and sustainability, the GWP-345 will “knock anything else out the water,” says McDiarmid. All that’s left is an owner willing to put his aluminum theory to the test with a new build.

Click here to see more images of the G250.

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The Real Costs of Owning a Superyacht [Complete Guide]

November 25, 2019 1:00 pm

Owning a  superyacht  is a status symbol available only to the world’s wealthiest individuals and corporations. Although there is no strict definition, the Red Ensign Group Yacht Code is applicable to “motor or sailing vessels of 24 meters in load line length and over…and which, at the time, is in commercial use for sport or pleasure and carries no cargo and no more than 12 passengers 1 .” There are currently just over 10,000 superyachts in the world with around 200-250 new builds delivered each year. The vast majority are  motor yachts , with sailing yachts counting for less than 20% of the total. The world’s largest private vessel, Khalifa bin Zayed Al Nahyan’s 180m (590-foot) AZZAM,  cost $600 million to build when it was delivered in 2013. Eight of the ten most expensive luxury acquisitions of all time were superyachts.

Purchase Cost

Buying a new or used superyacht will most likely cost the buyer several million dollars. Pricing varies widely based on the yacht size, age, and other factors such as builder, guest capacity, speed, range, and more. The market is worldwide and extensive. Any potential buyer would be well-advised to engage a professional, certified broker to guide them in the selection of their dream yacht and through the myriad of complications in making the purchase.

• • Financing the Purchase
• • Immediate Post Purchase Costs

Operating Costs

In years past, owners and their brokers would work on 10% of the purchase price as an estimate of annual operating costs, but the vast range of yacht size, operating location, and usage profile makes this approach less useful without giving the question more thought. Building a budget for a yacht requires consideration of the following elements:

Crew – Salary, payroll taxes, recruitment fees, uniform, health insurance, food, and travel for vacation and repatriation are all crew-related costs. A good guide for salary costs is published by Dockwalk magazine every year based on an extensive survey of the crew and placement agents. Using their most recent article as a guide, a crew of eight full-time crew on a 150-foot yacht will cost over $650,000 per year in salary alone. Get a complete crew cost breakdown.

Dockage – Unless the owner plans to spend the year at anchor, then keeping the yacht in a marina incurs a significant cost. Dockage is normally sold per foot of the yacht’s full length and per night, although contract rates for longer periods may be available. High-quality marinas in peak seasons are currently running in the $6-8 per foot per night range. Electricity, fresh water, and waste removal are all additional costs to be considered.

Fuel – The captain or engineer should be able to provide the fuel consumption per hour at any given speed, so if a yacht owner knows roughly how much he wants the boat to travel, then he can estimate the total fuel consumption and budget the fuel cost. There is also the fuel cost for generators, particularly at anchor. A typical 150-foot motor yacht cruising at 12 knots will consume in the region of 150 U.S. gallons per hour. At today’s fuel prices, that’s going to be close to $500 per hour. 500 hours per year will give us the main engine fuel budget of around $250,000. To this, we must also add the generators’ fuel consumption at anchor plus any additional cost for tenders.

Communications – Everyone onboard, crew and guests, want to remain connected to their social media, streaming services, and email. The technology available in this area moves fast and with 5G coming online, near-shore costs will likely come down. For those who want broadband speed while offshore, costs are high and depend on the upload/download speeds required. Start with an estimate of $4-5,000 per month and work from there. Additional communications costs include satellite TV subscriptions, crew cell phone costs, mail, freight, and more. Get a complete communication cost breakdown.

Maintenance, Consumables, and Other Operating Costs – Having considered crew payroll, marina costs, fuel, and internet, the budget will start to materialize. One must take all other costs into account, such as hull insurance, liability insurance, maintenance and consumables, warehousing, safety and survey costs, upkeep of the navigation outfit, computing support, car rental, and more.   

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This should not be considered a financial guide. For a more accurate estimate, contact Clive McCartney .

1 Red Ensign Group Yacht Code Section A 1.2(1) 

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Coast 250: The mighty micro cruiser

• March 30, 2020

Producing a boat that planes under power and sails like a thoroughbred has been an elusive quest for decades. Has Swallow Yachts’ Coast 250 succeeded where others have failed? David Harding went to find out

A carbon rig and laminate sails contribute to the sprightly performance. Credit: David Harding

Product Overview

• Fast and easy to handle under sail
• Smooth and efficient planing under power
• Roomy and practical layout
• Engine could do with more sound proofing
• Foot-braces on cockpit seats would be useful
• Self-tacking jib presents limitations

Price as reviewed:

Sailing yachts are designed to sail and motorboats to motor, right? And never the twain shall interbreed – at least not successfully? This hasn’t stopped people trying.

Motor-sailers have always been around. More recently we have also seen the planing power-sailer, as epitomised by the phenomenally successful MacGregor 26.

Some might argue that power-sailers, like motor-sailers, have been compromises that neither motor nor sail particularly well.

But whatever your views, the fact is that now, nearly 25 years after the power-sailing version of the MacGregor (the MacGregor 26X) appeared, we have a British-built boat of similar size that will motor efficiently and comfortably at 15 knots without compromise to its sailing ability.

If you’re helming from the coaming, the engine box can be used as a foot brace. Credit: David Harding

So how has this been achieved, and what lessons have been learned from the attempts of earlier builders?

Well, all previous power-sailers that have sold in any number have had certain characteristics in common.

One is lacklustre sailing performance, even though I have met MacGregor owners who defend them to the hilt.

After MacGregor’s 26X came the 26M. It sailed slightly better but was still heavily compromised, as was the Polish-built Odin 26 (later reincarnated as the Imexus 27) and Legend’s Edge 27.

Video: Trailer sailing made easy

The best performer under sail was the Tide 28, which made the headlines when a 14-year-old Michael Perham sailed Cheeky Monkey across the Atlantic in 2007.

The challenge with designing a power-sailer is that sailing yachts and planing powerboats tend to have very different hull forms for good reason, even before you consider fundamentals like the sailing yacht’s need for ballast, a rig, and foils that generate lift.

Most power-sailers have had a large outboard on the broad stern of a hull with very little rocker, leading to an immersed transom to support the outboard’s weight and create sufficient lift for them to plane.

The folding solid-wood oak table sits on top of the lifting keel housing. Credit: David Harding

In this respect they have been just like conventional planing powerboats.

The problem is that sailing yachts need rocker (fore-and-aft curvature to the underside of the hull) and a transom that’s clear of the water at rest. They don’t like a lot of weight in the stern either, so the shape of the conventional power-sailer does it no favours under sail.

An idea whose time has come?

It so happens that I have sailed (and motored) all these power-sailers over the past 20-odd years.

I was also living on the Dart in the 1980s when Ian Anderson launched his 37ft (11.3m) MRCB (multi-role cruising boat), which was powered by 165hp of Volvo Penta diesel and helped along when the throttle was opened by ‘variable hull geometry’ – essentially integrated trim tabs that flattened the stern sections.

I remember seeing the MRCB in its creamy-yellow livery charging around at high speed off the mouth of the river.

A 70hp in its central well drives the Coast at up to 15 knots – or you can stick with 10hp for displacement speeds. Credit: David Harding

Sadly the idea never took off commercially but it was unquestionably ahead of its time.

Remembering the MRCB and having tested various power-sailers as well as many of the day-sailers and small cruisers built by Swallow Yachts, I was more than a little interested when Swallow’s Matt Newland mentioned that he was planning to develop a power-sailer whose sailing ability, he assured me, would not be compromised by its motoring performance.

This was a few years ago now — such projects take time.

It was clear from the outset that this boat would be very different from the MacGregor 26 and its ilk.

Swallow’s Coast 250 was to have – and does have – the 70hp outboard mounted in a well at the forward end of the cockpit, immediately abaft the keel case.

This overcomes the need for a broad, immersed transom that creates an enormous amount of drag under sail.

An optional carbon bowsprit for the asymmetric retracts into the anchor well. Credit: David Harding

Moving the engine was the starting point.

Through CFD (computational fluid dynamics) testing with the Wolfson Unit in Southampton, Matt soon came to realise that, with an uncompromised sailing-boat hull form, this shift of weight alone was not the solution.

The boat still trimmed bow-up and created too much drag under power to achieve the speeds he wanted.

His solution was to fit trim tabs on the transom to eliminate stern-squat and bring the bow down at planing speeds.

Further CFD analysis, followed by on-the-water testing with a full-size plywood hull ballasted to sailing weight, showed that the tabs made the crucial difference and allowed efficient planing at 15 knots.

That’s how the Coast evolved, but what’s she like to motor and sail and how does she perform in testing conditions?

THE TEST VERDICT

In the words of Matt Newland, the Coast’s designer and builder, ‘this is not a perfect motorboat. It’s a sailing boat that has a big engine and some trim tabs. It’s not going to set any motorboater’s heart alight and I’m not expecting to convert any motorboaters to sailing, though I would love to.’

Whether or not Matt and the Coast succeed in introducing motorboaters to the delights of sailing, I’m sure they will gain converts in the form of sailors who might otherwise have moved to motorboating or chosen a more conventional sailing yacht.

The wide, offset companionway allows easy access to the cabin around the engine box. The head compartment is to starboard. Credit: David Harding

He might also attract former (or current) owners of other power-sailers that they have found unrewarding or plain disappointing under sail.

The power-sailer concept has always had its appeal but, apart from the MRCB, the Coast is the only one I have come across that really seems to deliver the goods in both modes.

Great attention to detail has been paid to every aspect of the design.

WOULD SHE SUIT YOU AND YOUR CREW?

In many ways it’s a simple choice: do you want a boat of this size that sails well, offers roomy accommodation, will sit on a drying mooring, can be trailed behind a large family car and motors at 15 knots?

You will find precious little else, if anything, that does all that.

Even if the planing performance under power is of no consequence to you, the Coast’s other attributes make her worthy of attention.

She’s not cheap because of what she is.

For example, the carbon rig makes so much sense under both power and sail.

A cassette system around the gooseneck simplifies removal of the boom.

A boat of this size and weight can’t be described as a trailer-sailer, but she’s certainly a trailable sailer and an extremely clever, well-conceived, versatile and practical one too.

FACTS AND FIGURES

Price as tested: £77,771 LOA (including rudders):   7.95m(26ft 1in) Hull Length: 7.57m (24ft 10in) LWL: 7.57m (24ft 10in) Beam: 2.55m (8ft 4in) Draught: keel up 0.4m (1ft 4in) Keel down : 1.85m (6ft 1in) Displacement: 1,300kg (2,866lb) Ballast: 300kg (661lb) Ballast ratio: 23% Displacement/Length: 83.60 Sail area: 28.6m2 (307.86sq ft) SA/D ratio: 24.40 Fuel: 75 litres (16.5gal) Water: 70 litres (15.4 gal) Engine: 10 or 70hp Transmission: Outboard RCD category: C Designer: Swallow Yachts Builder: Swallow Yachts Tel: 01239 615482 Website : Swallowyachts.com

More From Forbes

What’s the $130 million ‘phoenix ii’ superyacht really like.

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Phoenix II is for sale

After spending quite a bit of time aboard Phoenix II , the 295-foot-long superyacht designed by Winch Design and built by Lürssen , during the Monaco Yacht Show with Chris Cecil-Wright of Cecil-Wright Partners , I’m going to come right out and say it. No other yacht achieves such opulence, style and over-the-top superyacht luxury quite like it.

PHOENIX II celebrates NYC in art deco style

But Phoenix II was not the first yacht Winch Design developed and Lurssen built for an owner who is fascinated by skyscrapers and art deco style. In fact, he was so happy with his original Phoenix —smaller at just under 200-feet, launched in 2004 with a French Art deco-inspired interior—that they were not surprised when the wish list for the new yacht called for another opulent art deco interior.

PHOENIX II is built for style and fun

“The owner wanted Phoenix II to reference the boom time of 1920s New York and the art-deco architecture of that period,” says Jim Dixon, Winch Design Managing Partner & Creative Director, Yachts & Aviation. “It’s much stronger in character than his previous yacht.”

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As you can see in these photos and video, the results speak for themselves.

“ Phoenix II is an extravagant and heavily personalized boat,” Dixon adds. “And I still hold her up as one of the best projects we’ve ever done.”

PHOENIX II pays homage to NY art deco

Iconic landmarks, from the skyscrapers on the bar stools in the sky lounge bar to the massive figurehead that looks like it could have been taken directly from the Chrysler Building, pay homage to New York City. Everything, from the door handles to the cutlery, was custom-designed specifically for the yacht. The yacht also had a significant refit in 2019.

PHOENIX II features multiple hot tubs and lounge areas

There’s a Steinway grand piano in the formal salon, in addition to silk carpets and a ceiling adorned with hand-gilded phoenix birds. The dining room is brilliantly lit from above like a Broadway stage. The large forward bulkhead is emblazoned with a six-paneled relief sculpture of musicians. And the foyer is inspired by Radio City Music Hall.

The owners study

Other notable features include the rivetted-aluminum spiral staircase, the Radio City-inspired cinema with popcorn maker and a gym overlooking the aft helipad (there is a second helipad on the foredeck).

“The owner is a consummate host and Phoenix II is all about dining, music and entertainment,” says Winch Design founder Andrew Winch. “He likes to think that his dinner guests become the orchestra, while he was seated at the head as the conductor.”

PHOENIX II dazzles

Needless to say, I was blown away by the level of craftmanship and attention to detail I found onboard. But I was also a bit curious to find out why Chris Cecil-Wright was so happy to give me the grand tour of the yacht in Monaco that’s very much for sale now. (Cecil Wright Partners shares this listing with the lead broker Burgess Yachts .)

“ Phoenix II very much represents the type of yacht that our company has been working to be known for,” he said. “She’s large, custom built, in immaculate condition and from a top Northern European pedigree yard; in this instance Lürssen.

Dining in style onboard Phoenix II

“We won the listing for Phoenix II having closed the sale of Kismet , a 95-meter (311-feet-long) sister ship of Phoenix II , in only 4 months. An industry record for this size of yacht. Turnaround time from listing to completion is something that our company is becoming renowned for; with an average time on market of 4 months and only 3 months for Feadships both unmatched in the industry.

The main deck lounge onboard PHOENIX II.

“An additional attribute is that we work as a collective. Yes, we are a boutique business, but as the client you will receive the attention of multiple team members to ensure that you are looked after to the nth degree.”

Makes sense to me. We all want to be looked after to the nth degree, now don’t we?

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EUR 19,500,000† (EU VAT paid)

• Length: 58.2m (190.9ft)
• Guests: 12 guests in 6 cabins
• Built: 2005
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• Built: 2009 (refitted 2012)

EUR 26,900,000† (EU VAT paid)

• Length: 52.4m (171.9ft)
• Guests: 14 guests in 6 cabins
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EUR 8,900,000† (EU VAT paid)

• Guests: 12 guests in 5 cabins
• Built: 2009

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How much does a yacht cost | ultimate breakdown guide.

 October 14, 2019

Complete guide to “How much does a yacht cost?” including superyachts and megayachts. Includes the cost of owning and operating a yacht. Yachts and superyachts are symbols of success. They appeal to wealthy individuals but are also extremely useful business assets. In this article, we’ll explore how much does a yacht cost. Also, we’ll answer how much does a superyacht cost and how much does a mega yacht cost. Then we’ll identify additional yacht costs such as fees and taxes. Next, we’ll give example breakdowns of the price of yacht and the price of a superyacht. Finally, we’ll explain how Assets America ® can help fund your transaction, and then answer frequently asked questions regarding the cost of yacht. Note that we’ll devote a separate article to yacht operation and maintenance costs. This article focuses on how much does it cost to buy a yacht.

How Much Does a Yacht Cost?

To know the context for how much does a yacht cost, we define some important terms.

Yacht Terms

• Yacht: A sailing or powered watercraft between 39 and 78 feet in length, accommodating up to 6 guests.
• Superyacht: A luxury yacht ranging in size from 78 to 200 feet in length, accommodating 6 to 12 guests.
• Megayacht: A luxury yacht greater than 200 feet long holding more than a dozen guests.
• Cabin Cruiser : A luxury powered boat between 23 and 38 feet in length.
• Day Sailing Yacht: Small yachts, often with a retractable keel, daggerboard , or centerboard and no cabin.
• Weekender Yacht: Medium-sized yachts, typically up to 31-feet long. Usually, they have lifting keels or twin keels allowing shallow-water operation for two-to-three-day journeys. Normally, weekender yachts have a simple cabin sleeping two to four passengers along with a small galley.
• Cruising Yacht: The most common private yacht, with good handling, onboard comfort, sufficient interior space, and capable performance. Typically, they have a teardrop-planform hull with a deep single-fin keel.
• Luxury Sailing Yacht: Larger yachts powered by wind and engines, with many luxury features.       Typically, yacht makers construct these boats with fiberglass hulls and plenty of automation, lighting, navigation aids, hot water, and more.
• Racing Yachts: Yachts optimized for fast sailing, with heavy and deep bulb keels, tall masts, and large sails.

Average Cost of Yacht

New yachts over 100-feet long have an average price of a yacht equal to $1 million per 3.3 feet in length. In other words, a 100-foot yacht will, on average, cost more than $30 million. Older yachts below 85 feet are less expensive. For example, an 84-foot yacht originally built in 2002 and renovated in 2015 sold for $1.45 million.

The average price of a yacht that is preowned, entry-level, and in the 30 to 35 foot range, is about $100,000.

How Assets America ® Can Help

Whether you need to borrow $20 million or $1 billion to acquire your yacht, Assets America ® can most assuredly help.  We can arrange short-term or long-term financing for the purchase or refit of yachts, superyachts and megayachts. We can provide financing much more rapidly than most typical funding sources do, and we can arrange financing even if your bank declines.  Call us today at 206-622-3000 for a confidential consultation, or simply fill out the below form and expect and prompt response!

Apply For Financing

How much does a superyacht cost.

Superyacht prices are high but variable. For example, the world’s most expensive superyacht (the History Supreme) has a price of $4.5 billion. And at only 100 feet, it is too small to qualify as a megayacht, even though it certainly has a mega-price! On the other hand, a world-famous golfer purchased a 155-foot superyacht for $20 million, a sweet deal. The average price of a superyacht is $275 million.

How Much Does a Megayacht Cost?

The most expensive megayacht, measuring in at 536 feet, cost $1.5 billion. A 1990, 344-foot megayacht can be yours for $210 million. So, the prices of megayachts can vary greatly. In other words, there is no clear answer to how much does a mega yacht cost.

Video:  Million Pound Mega Yachts for Sale – Documentary 2019

Additional Costs of a Yacht

A few states don’t have sales tax: Delaware, Montana, New Hampshire, Oregon — and to some extent Alaska. If you buy a yacht in any other state, you’ll owe state sales tax. On a $1 billion yacht purchase, a state like Texas with 6.25% sales tax will collect $62.5 million. You can buy a yacht in a state without sales tax and use it in another state. However, you will eventually have to pay a use tax. Florida caps yacht sales tax at $18,000, but California has no cap.

Municipalities that charge local sales tax could add a percentage point or two to your tax bill.

Most states also assess property taxes on yachts. Marinas may assess a tax on boat slips. Some states will refund fuel taxes on yachts since they don’t use roads.

Yachts with bathroom, eating, and sleeping facilities qualify as second homes. You can deduct the interest on the yacht’s mortgage, but national tax law caps the deduction at $750,000.

A yacht purchased for business purposes is a capital asset that you can depreciate. This would apply to a charter, rental, or fishing yacht that you use to generate income. If you buy a used business yacht for $1 million or less, it might qualify as Section 179 property. If so, you can deduct the full price in the year of purchase.

There are some minor fees you may have to pay when you acquire a boat. For example, you may have to register your yacht with the International Registry, which has fees of $550 to $1,500. Also, you may pay an annual tonnage tax, a ship radio station license fee, and certificate of insurance. Other fees include those for :

• An annual Maritime Security and Compliance fee
• Private Yacht Limited Charter Compliance Certificate
• Minimum Safe Manning Certificate
• Continuous Synopsis Record (CSR) Document
• Annual Yacht Service
• Intended Registration and Vessel Under Construction Registration

Cost Breakdown

When you want to know how much does a yacht cost, you need to know the cost factors. A yacht’s price directly ties to its construction costs, which include:

• Design: The design requires expertise in marine and mechanical engineering. For example, the designers must undertake many stability and hydrodynamic studies. Also, the design must be esthetically pleasing.
• Construction: It can take many months to construct a large yacht. You must factor in materials, equipment, and labor. Luxury-yacht buyers may want expensive and/or rare materials. One yacht, the infamous History Supreme, contains dinosaur fossils and meteorite stone! But less outlandish materials, such as fine woods and precious metals, still contribute to high construction costs.
• Engine: The number and power of yacht engines can greatly impact cost. Naturally, all things being equal, a sailing yacht should cost less than a comparable motor yacht. It requires huge power to propel a large megayacht, and an elaborate engine room to operate those engines.
• Interiors: Large yachts have many rooms, including galleys, heads, bedrooms, meeting rooms and more. In addition, electronics are important cost items.

FAQs — How Much Does a Yacht Cost?

How much does a 50-foot yacht cost.

A 50-foot yacht is a good candidate for weekend duty. A 2014 convertible sportfish costs just under $2 million. An example price of yacht (51-foot 2013 Azium Magellano 50) is $670,760. A 52-foot 2017 Carver C52 Command Bridge sells for $1,149,000.

What is the cost to build a yacht?

Mid-level yachts cost about $25 to $35 per pound to build. Higher-level-yachts have average construction costs pf $45 to $65 per pound. The top vessels built with exotic materials and hi-tech systems can cost $80/pound to build.

How much does a 60-foot yacht cost?

A 60-foot yacht is about the largest size that an owner operates. A new Hatteras M60 can easily cost around $3 million. However, you can get a 2007 60-foot Sunreef 62 for $735,000.

How much does a 100-foot yacht cost?

Superyachts in this range contain many amenities. You can buy a new 100-foot AB 100 for just over $8.8 million. But let’s face it, you can spend hundreds of millions on big yachts. Your only limits are your imagination and most importantly, of course, your wallet!

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Ronny was a pleasure to work with and is extremely knowledgeable. His hard work was never ending until the job was done. They handled a complex lease and guided us through entire process, including the paperwork. Not to mention a below market lease rate and more than all the features we needed in a site. We later used Assets America for a unique equipment financing deal where once again Ronny and team exceeded our expectations and our timeline. Thank you to Assets America for your highly professional service!

Great experience with Assets America. Fast turn around. Had a lender in place in 30 minutes looking to do the deal. Totally amazing. Highly recommend them to anyone looking for financing. Ronny is fantastic. Give them a call if the deal makes sense they can get it funded. Referring all our clients.

Assets America guided us every step of the way in finding and leasing our large industrial building with attached offices. They handled all of the complex lease negotiations and contractual paperwork. Ultimately, we received exactly the space we needed along with a lower than market per square foot pricing, lease length and end of term options we requested. In addition to the real estate lease, Assets America utilized their decades-long financial expertise to negotiate fantastic rates and terms on our large and very unique multimillion dollar equipment purchase/lease. We were thankful for how promptly and consistently they kept us informed and up to date on each step of our journey. They were always available to answer each and every one of our questions. Overall, they provided my team with a fantastic and highly professional service!

Assets America was responsible for arranging financing for two of my multi million dollar commercial projects. At the time of financing, it was extremely difficult to obtain bank financing for commercial real estate. Not only was Assets America successful, they were able to obtain an interest rate lower than going rates. The company is very capable, I would recommend Assets America to any company requiring commercial financing.

Assets America was incredibly helpful and professional in assisting us in purchasing our property. It was great to have such knowledgeable and super-experienced, licensed pros in our corner, pros upon which we could fully rely. They helped and successfully guided us to beat out 9 other competing offers! They were excellent at communicating with us at all times and they were extremely responsive. Having them on our team meant that we could always receive truthful, timely and accurate answers to our questions. We would most definitely utilize their services again and again for all of our real estate needs.

Assets America is a great company to work with. No hassles. Recommend them to everyone. Professional, fast response time and definitely gets the job done.

Ronny at Assets America has been invaluable to us and definitely is tops in his field. Great experience. Would refer them to all our business associates.

We were very pleased with Assets America’s expertise and prompt response to our inquiry. They were very straight forward with us and helped a great deal. We referred them to all our business associates.

I’ve worked with this company for decades. They are reputable, knowledgeable, and ethical with proven results. I highly recommend them to anyone needing commercial financing.

Ronny was incredibly adept and responsive – top-notch professional who arranged impressive term sheets.

Assets America helped us survive a very difficult time and we most definitely give them 5 stars!

Ronny was very friendly and though we were unable to make something happen at the moment he gave me some direction to go.

My business partner and I were looking to purchase a retail shopping center in southern California.  We sought out the services of Ronny, CFO of Assets America.  Ronny found us several commercial properties which met our desired needs.  We chose the property we liked best, and Ronny went to work. He negotiated very aggressively on our behalf. We came to terms with the Seller, entered into a purchase agreement and opened escrow.  Additionally, we needed 80 percent financing on our multimillion-dollar purchase.  Assets America also handled the commercial loan for us.  They were our One-Stop-Shop. They obtained fantastic, low, fixed rate insurance money for us.  So, Assets America handled both the sale and the loan for us and successfully closed our escrow within the time frame stated in the purchase agreement.  Ronny did and performed exactly as he said he would. Ronny and his company are true professionals.  In this day and age, it’s especially rare and wonderful to work with a person who actually does what he says he will do.  We recommend them to anyone needing any type of commercial real estate transaction and we further highly recommend them for any type of commercial financing.  They were diligent and forthright on both accounts and brought our deal to a successful closing.

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Russian oligarch's yacht is costing U.S. taxpayers close to $1 million a month

A mega-yacht seized by U.S. authorities from a Russian oligarch is costing the government nearly $1 million a month to maintain, according to new court filings.

• The Justice Department is seeking permission to sell Amadea, which it seized in 2022, alleging that it was owned by sanctioned Russian billionaire Suleiman Kerimov.
• Attorneys for Eduard Khudainatov, an ex-Rosneft CEO who has not been sanctioned, say he owns the yacht, and have sought to take back possession of the vessel.

The U.S. Department of Justice is seeking permission to sell a 348-foot yacht called Amadea, which it seized in 2022, alleging that it was owned by sanctioned Russian billionaire Suleiman Kerimov. The government said it wants to sell the $230 million yacht due to the "excessive costs" of maintenance and crew, which it said could total $922,000 a month.

"It is excessive for taxpayers to pay nearly a million dollars per month to maintain the Amadea when these expenses could be reduced to zero through [a] sale," according to a court filing by U.S. prosecutors on Friday.

The monthly charges for Amadea, which is now docked in San Diego, California, include $600,000 per month in running costs: $360,000 for the crew; $75,000 for fuel; and $165,000 for maintenance, waste removal, food and other expenses. They also include $144,000 in monthly pro-rata insurance costs and special charges including dry-docking fees, at $178,000, bringing the total to $922,000, according to the filings.

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The battle over Amadea and the costs to the government highlight the financial and legal challenges of seizing and selling assets owned by Russian oligarchs after the country's invasion of Ukraine. European Commission President Ursula von der Leyen said last week that the European Union should use profits from more than $200 billion of frozen Russian assets to fund Ukraine's war effort.

Her comments echoed government calls in the spring of 2022 to freeze the yachts, private jets and mansions of Russian billionaires in hopes of putting pressure on Russian President Vladimir Putin and raising money for the war effort.

Yet, nearly two years later, the legal process for proving ownership of the Russian assets and selling them has proven to be far more time-consuming and costly. In London, Russian billionaire Eugene Shvidler has waged a court battle over his private jets that were impounded, and Sergei Naumenko has been appealing the detention of his superyacht Phi.

The battle over Amadea began in April 2022, when it was seized in Fiji at the request of the U.S. government, according to the court filings.

Though the U.S. alleges that the yacht is owned by Kerimov, who made his fortune in mining, attorneys for Eduard Khudainatov, an ex-Rosneft CEO who has not been sanctioned, say he owns the yacht, and have sought to take back possession of the vessel.

In court filings, Khudainatov's attorneys have objected to the U.S. government's efforts to sell the yacht, saying a rushed sale could lead to a distressed sale price and that the maintenance costs are minor relative to the potential sale value.

Khudainatov's attorneys refuse to pay the ongoing maintenance costs as long as the government pursues a sale and forfeiture. However, they say their client will reimburse the U.S. government for the more than $20 million already spent to maintain the yacht if it's returned to its proper owner.

In court papers, the government says Kerimov disguised his ownership of Amadea through a series of shell companies and other owners. They say emails between crew members show Kerimov "was the beneficial owner of the yacht, irrespective of the titleholder of the vessel."

The emails show that Kerimov and his family ordered several interior improvements of the yacht, including a new pizza oven and spa, and that between 2021 and 2022, when the boat was seized, "there were no guest trips on the Amadea that did not include either Kerimov or his family members," according to the court filings.

The government also says Kerimov has been trying to sell Amadea for years, so a sale would be in keeping with his intent.

"This is not a situation in which a court would be ordering sale of a precious heirloom that a claimant desperately wishes to keep for sentimental reasons," the government said in filings.

Even if Amadea were sold quickly, the proceeds wouldn't automatically go to the government. Under law, the money would be held while Khudainatov and the government continue their battle in court over the ownership and forfeiture. Don't miss these stories from CNBC PRO:

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