Sardinia Luxury Tax on Mediterranean Yacht Charter Vessels Abolished
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Catamaran sailboat ANASSA
Captain Andreadis Prodromos has prepared a sample itinerary for this special cruise:
This entry was posted in Yacht Charter Yacht of the Week and tagged yacht charter Greece, special rate, Greek yacht charter, yacht charter deal, catamaran sailboat, Anassa, Sunreef catamaran, equal accommodations, deals, Captain Andreadis Prodromos, yacht charter, Mediterranean yacht charter
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First the bad news – recent legislation in Greece has led to an increase in the country’s VAT rates.
Now for the good news – the increase is small, and depending upon the duration of your superyacht experience, the “effective rate” should have a minimal effect on most Greek yacht charters this summer.
A new VAT rate of 24% has been announced for Greece, and it will affect all yacht charters commencing on or after June 1st, 2016. The old rate was 23% – making the maximum increase 1%.
While 24% VAT sounds sky-high, don’t fall out of your chair just yet: there are significant built-in discounts that can reduce the effective VAT rate by up to 60% – depending upon the duration of your charter vacation.
Here’s the math:
I) Charter duration of 3 days or more.
Luxury yacht charter vessels performing international cruises have a discount of 60%. This makes the effective VAT rate 9.6% (up from 9.2%).
Charter vessels cruises within Greek waters will earn a discount of 50%, setting the effective VAT rate at 12% ( previously 11.5%).
II) Charter duration up to 48 hours.
This is where you get hammered as a charterer for taking a day excursion or a trip shorter than 48 hours. There is NO discount, regardless of where the vessel cruises. A full VAT of 24% is due (instead of the previous 23%).
In summary – avoid short-term charters in Greece if you can. As long as you can extend your charter beyond 48 hours, the impact of the effective change in VAT is less than 1%. Mykonos and Santorini here we come – Opa!!!
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For information about renting a luxury charter yacht in Greece, or anywhere else in the Mediterranean this summer, contact 1-800 Yacht Charters at +1.800.922.4824 (toll-free North America) or +1.305.253.7245 (international), use our online inquiry form here, or email info@1800yachtcharters.com
This entry was posted in News and tagged Mediterranean yacht charter, VAT value added tax, yacht charter Greece, Greek yacht charter, Mykonos, Santorini, How to decrease VAT on a yacht charter?
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Superyacht ATHOS Schooner. Photo by Rick Tomlinson
The yacht’s 11-meter beam (the width of the vessel) creates an unprecedented amount of volume. The interior includes a luxurious owners’ suite, with private cockpit and deckhouse. The main deckhouse offers a formal dining area as well as an entertainment lounge.
Unique points of interest:
This entry was posted in Yacht Charter Special Events Yacht of the Week Educational and tagged Greek yacht charter, sailboat yacht charter, london olympics, Athos, London Olympics yacht charter, yacht charter Greece
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O’PATI Motoryacht
With a top speed of 32 knots, yacht O’PATI can effortlessly take guests from a secluded Ionian beach to a cosmopolitan port in the Cyclades in what seems the blink of an eye.
Her professional crew of 8 stand ready to tend each charter guest’s every need.
While this superyacht has a seductive appearance, there is much more to be discovered beyond the first visual impression. Spacious deck areas from the bow, to the flybridge, to the main aft deck offering ample comfort.
This entry was posted in Yacht Charter Yacht of the Week and tagged motoryacht charter, yacht charter Greece, Greek yacht charter, 12 guests, O'Pati, wakeboard, Giorgio Vafiadis, Greek isles, fast yacht, vacation in Greece, waverunner
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FELIGO V yacht
In his preparations for the upcoming Greek yacht charter season, Dimitris put together a beautiful sample itinerary for a 7-night odyssey exploring the Ionian Islands.
The itinerary offers a suggested route, but as Captain Demetis proudly proclaims in his email,
“The possibilities are endless!”
FELIGO V is fully-licensed to legally embark and disembark in the Hellenic islands. She is available this summer at a weekly rate of € 65,000 EUROS in July and August. The yacht is also available for €50,000 EUROS in June and September (Greek VAT and running expenses are extra).
This entry was posted in Special Offers Yacht of the Week Yacht Charter Destinations and tagged Cantieri di Pisa, Feligo V, motoryacht charter, Mediterranean yacht charter, yacht charter Greece, Greek yacht charter, sleek
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On the heels of the $161/pp Virgin Islands yacht charter special offered by Nautitech 47 catamaran NEMO comes this new offer for NEMO charters in Greece:
The discounts apply to charters taken June, July, August, or September, 2011. Reservations must be completed prior to April 30, in order to secure the discounts.
The regular charter rates, for 2 to 8 passengers are €13,500 per week, plus expenses in June and September (low season), and €14,500 per week, plus expenses in July and August (high season).
The crew’s favorite area in Greece to explore by yacht is the Ionian archipelago. Reachable through international flights to Preveza, good weather and sea conditions are a constant in the summer. There always seems to be a breeze for sailing, and there are plenty of secluded bays in which to anchor and swim in clear, green waters. Small villages with traditional tavernas dot the coastline.
Rates include:
Items not included in the price are:
You owe it to yourself and your family to relax and enjoy a relaxing and unique vacation. Enjoy an exotic destination! Come explore the home of the gods. Click https://1800yachtcharters.com/book-now-contact-us/ to contact our destination specialists at 1-800 Yacht Charters to arrange your own Greek odyssey on a sailing vessel or powerboat.
This entry was posted in Yacht Charter Special Offers Yacht of the Week and tagged Catamarans, yacht charter Greece, Greek yacht charter, catamaran charter, Nemo, Italian crew, Ionian archipelago
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Greek flag
Our summer charter season is over. The result? Greece is still a top 5 luxury yacht charter destination. In fact, visiting superyacht arrivals are up 10.75% compared to 2018!
There was worry a new Greek cruising tax would scare away business. Nope! Charter yachts poured into Corfu, Athens, and Mykonos in record numbers.
One issue does threaten hassle-free Greek yacht vacations. It is Greek charter license regulations.
Let’s take a quick look at the regulations – and how we’ll help you enjoy a stress-free charter.
Charter regulations introduced in 2018 are an inconvenience. Both charter yachts and clients suffer. Without a Greek charter license, commercial yachts must begin and end charters outside of the country. Charter clients can’t board or disembark in any Greek port. There are no exceptions other than safety or medical emergencies. This makes it hard to enjoy a cruising itinerary in Greece.
Popular destinations like Santorini and Mykonos are far from ports outside of Greece. For example, the distance between Bodrum, Turkey and Santorini is 189.45 kilometers. That’s about 102 nautical miles. Yachts are not very fast. It can take a day to get from Bodrum to Santorini.
If forced to begin and end outside of the country, you cannot enjoy the full beauty of Greece. It’s simply too far to go in a 3-5 night short term charter.
One of our repeat clients asked to start his cruise in Montenegro and end in Mykonos. His desired yacht has Turkish registration. It did not have a separate Greek charter license. The charter could not legally end in Mykonos. It had to end in Turkey. Instead of a 7 night charter, it would be a 9 night charter. The client could not get away for 9 nights.
The inquiry was canceled. Our client’s dream itinerary of cruising from Montenegro to Mykonos was put on hold.
Now for the good news. Most of the yachts we offer have a Greek charter license for the upcoming 2020 season. With this license in place, clients can begin and end their vacations in Greek waters. Per Jana Sheeder, President of 1-800 Yacht Charters,
“We now maintain a database of 112 superyachts (40 meters and longer) that possess the desirable Greek charter license.”
Yes, we now maintain a database of 112 superyachts (40 meters and longer) with Greek charter licenses. The largest Greek yacht rental in 2020 we offer is the Lurssen yacht FLYING FOX. She was launched in 2019. She stretches the tape at a whopping 136 meters (446 feet) in overall length! Yacht Flying Fox can accommodate up to 25 guests. Her price is €4,000,000 per week in high season (July/August).
There are more superyachts with Greek licenses. For example,
In conclusion, charter a licensed yacht in Greece for a stress-free vacation. We stand ready to plan your trip for you! Contact 1-800 Yacht Charters at https://1800yachtcharters.com/book-now-contact-us/
This entry was posted in Yacht Charter Destinations News Educational and tagged how to charter a yacht, Jana Sheeder, yacht charter Greece, Greek license, president of 1-800 Yacht Charters, yacht charter licenses, Greek yacht charter, how to charter a boat in Greece, Mykonos, Santorini
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Here’s the deal: Pay just €6,000 per week for crewed catamaran charters in Greece on the 47 foot sail catamaran NEMO for select dates in September.
Here’s the story: The owner of Nautitech 47 catamaran NEMO is anxious to fill the remaining available charter dates on his booking calendar, to close out the summer Mediterranean yacht charter season. As an incentive to potential customers, he is offering his yacht at a discounted rate of €6,000 per week — a 54% savings off the regular, published rate, which is €13,000
Launched in 2009, this twin-hulled yacht is designed with comfort and relaxation in mind. Four queen-berth cabins offer roomy, private accommodations for 8 passengers. Each cabin has its own ensuite bathroom, for total privacy from the crew and other guests. For active travelers, the yacht carries watertoys such as snorkel gear and two sea kayaks.
Available dates are:
17 to 24 September
and
24 September to 1 October.
There are two itineraries available for Greece yacht charters onboard Nemo:
– The Cyclades islands (starting and ending in Athens),
or
– The Ionian islands (starting and ending in Lefkas).
The offer includes the yacht with skipper and hostess, all bed linens and towels, and use of the onboard watertoys.
Items not included are food and beverage provisioning, fuel, port fees, and any special requests.
Don’t delay! Take advantage of the deepest seasonal discount offered by any crewed catamaran this summer. Book now at https://1800yachtcharters.com/book-now-contact-us/
This entry was posted in Yacht Charter Destinations and tagged Greek yacht charter, Nemo, catamaran saailboat, yacht charter Greece, Nautitech 47, catamaran yacht charter, sail cat
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Travel Question
Most requests for yacht cruises in the Greek islands are for Mykonos and Santorini… I sail in Greece since 30 years and I live in the center of Cyclades – on Syros island, in front of Mykonos.
Motorsailor IRINA
I charter my 75 gross tonnage yacht IRINA for sailing in the Ionian islands in July and August (Ithaca, island of Odysseus, Kephalonia, Skorpios, island of Onassis) with one very nice sea in this period.
My other beautiful yacht ANATOLIE is sailing in the Sporades in July and August (the green islands of the movie “Mamma Mia” with Meryl Streep).
I do believe that giving the right advises is the best way to avoid problems and keep clients long time (some of them come 3 times on 3 different areas). We need to ensure the happiness of our customers (and that’s a great job :-).
Example. Why to send people on one crewed catamaran charters leaving from Athens in July and August? They will have 2 choices. The Cyclades with big problems in case of Meltemi. Or the Saronic islands with no chance to find place with a catamaran in their small harbors (except in Poros if lucky). Greece is not Seychelles or Caribbean!
So – we offer Cyclades cruises in May, June, September and October. Believe me, living in Cyclades, if we send our yachts to other very nice areas in July and August, is because there is serious reasons.
Captain Alexandre J. MATSAKIS
This entry was posted in Frequently Asked Questions Educational Yacht Charter Destinations and tagged Frequently Asked Questions, yacht charter Greece, Irina, Greek yacht charter, motorsailor charter, faq's, when is the best time to sail in Greece?, gulet charter
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