Sardinia Luxury Tax on Mediterranean Yacht Charter Vessels Abolished

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Surprisingly, this question often comes up when our clients return from a memorable luxury yacht charter vacation.
Charter clients seem mesmerized by The Superyacht Experience.™ We’re thrilled! : ) Indeed, it’s hard to imagine any other vacation on par with yachting. It’s an experience where the superyacht serves as a platform for an eco-friendly adventure. Most of all, it’s a chance to reconnect with family and friends, embrace diverse cultures, and rejuvenate mind, body, and spirit.
But is it a “bridge too far” to transition from luxury yacht charter guest to superyacht owner? Actually, it’s fairly common for charterers to become superyacht owners.
Some people purchase a specific automobile make and model after renting one for a long trip. They like how the car looks and handles. Of course, they celebrate how the vehicle whisked them to a new destination, in style and comfort.
Similarly, charterers become enthralled with the creature comforts of a yacht. Certainly, the idea of arriving in an exotic destination on a floating villa is pretty darn appealing.
From there, the intrigue and hunger continue to grow. After all, why limit your family’s enjoyment of cruising to just one or two weeks a year?
The yachting lifestyle is addicting!
WE AT 1-800 YACHTCHARTERS CAN HELP YOU CHARTER OR PURCHASE A YACHT! You win with us because a portion of everything that we earn goes to the charity of your choice! We know the yachts. In addition, we know management. We charter these yachts. Our company knows Captains and professional crew. Most important, we know clients! YOU are important to us. We LOVE our job. 1-800 Yacht Charters cares about the ocean. We care about YOU. Our company works to make a difference every day. We give back. We’d love to be on your team!
Let’s take a look at three, popular superyacht charter vessels currently available for hire, and also available for purchase.
We never quite understood the meaning of Quantum of Solace as the title of the James Bond film. It doesn’t matter – naming superyachts in homage to Bond films is very popular. There are many James Bond boats as we like to call them. For instance, Octopussy, Skyfall, Casino Royale, and others.
There is even a superyacht named after the 2008 Bond film, Motoryacht QUANTUM OF SOLACE. The 72.6m superyacht was built in 2012 and refit in 2017. Here’s our description of the yacht on our charter website.
“Award-winning Proteksan Turquoise motor yacht QUANTUM OF SOLACE is noteworthy for a few reasons. Specifically, her spectacular lines and enormous volume. Charterers enjoy many entertainment and relaxation areas. For instance, her salons, bars, decks, and terraces. She is a Turkish build. The yacht features both interior and exterior design by H2 Yacht Design. QUANTUM OF SOLACE accommodates up to 12 guests in seven beautiful cabins.”
Her weekly charter rate is €560,000.
Her listed purchase price is $58,000,000.
Finally, a yacht with a name we can understand! Well…not really. We cheated and looked up the meaning. In numerology, the number 11 is considered a master number, and it signifies enlightenment. If you pair the number with itself, 11.11, it represents a message from the universe to become aware.
Cosmically, we’ve got a ways to go. However, even we’re aware that Benetti yacht 11.11 is stunning. Here’s a little history from our website on how this yacht came to be.
“Benetti yacht 11.11 is a winner from the 2016 World Superyacht Awards. She is only the second plumb-bowed boat built by the fabled Italian yard. This beautiful lady was originally commissioned to look like a Russian Czar’s palace. Her first owner walked away when the yacht was just 40% complete. A new owner stepped in to transform the yacht into an award-winning monochromatic masterpiece. What a fortunate owner! The current trend is to build yachts with hard, minimalistic edges. This yacht’s main living areas onboard yacht 11.11 offer suppleness and comfort.”
Here is a link to our video by company President, Jana Sheeder, for superyacht 11-11. Enjoy!
The weekly charter rate is €650,000.
The listed purchase price is €59,500,000.
Back in grade school, we were taught Pluto is the ninth planet in the solar system. Now, it’s referred to as a dwarf planet. It’s ok, Pluto – we‘ll still call you the ninth planet!
Avoiding the naming controversy is the 73.2-meter superyacht PLANET NINE. Forget outer space – there’s plenty to explore on earth. This yacht is built for ocean adventure. Our website notes describe this superyacht as a
“…Long-range high-quality luxury explorer yacht with serious go anywhere sea keeping characteristics, heavy build specification and suitable for sailing in ice conditions in accordance with its class notation. Dynamic positioning and suitability for global cruising. Commercially approved helideck suitable for an Augusta Grande dimensionally or larger helicopter in weight, up to 8 tons, with enclosed below-deck hangar.”
The weekly charter rate is €650,000.
The listed purchase price is €85,000,000.
Are you ready to charter or purchase a yacht? Please count on us. Let’s make a difference together. We created to term and the concept, The Superyacht Experience(tm), so we KNOW yachts, and we KNOW what you want to experience! Call, text, WhatsApp, snail mail, or email us today! Put us to work on your behalf! We stand ready.
This entry was posted in Educational Yacht Charter News Video Yacht of the Week Frequently Asked Questions and tagged Charity, Jana Sheeder, Planet Nine, president of 1-800 Yacht Charters, the superyacht experience, 1-800 Yacht Charters, yacht for charter, 11-11, The Superyacht Experience(tm), private luxury yacht charter, Quantum of Solace, yacht sales, James Bond, Planet 9, luxury yacht charter, benetti yacht charter, yacht purchase, buy a boat, boat rental, yacht for sale, motoryacht charter, charter or buy a yacht, buy a yacht
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Today we shine the spotlight on the Abeking & Rasmussen yacht EXCELLENCE V. She is the 5th vessel in an eponymous line of highly successful superyachts.
German-built, this 60 meter lady combines elegant design with a sense of space. She stretches far beyond her physical dimensions. Indeed, the interior volumes of motoryacht EXCELLENCE V are far more common on Mediterranean yacht charter vessels in the 70 to 75 meter range. She is a beautiful yacht who delivers The Superyacht Experience™ by 1-800 Yacht Charters to discerning clients.
The owner turns to London based Reymond Langton Design to develop a special design approach. For instance, where space is optimally utilized to meet charter guests’ needs. This approach is most evident within the guest staterooms. The master is located on the upper deck. In addition, more staterooms are situated on the main fore deck. These sleeping quarters offer interesting concepts. For example, large windows, spaciousness, and easy accessibility.
The exterior of the yacht embodies the sense of space provided in the interior. Her sleek lines, navy blue hull, and white superstructure portray a classic style with a contemporary feel.
Architecturally, major design amenities include:
A further example of the yacht’s reverence to flexibility and comfort is the tender launching area, which can be directly accessed from the double suite aft of the master stateroom [perfect for discreet getaways, without disturbing other onboard guests].
Overall, her interior style is sophisticated and grand. A central elevator connects all five decks, while a spiral staircase provides access to each interior level. Glossy dark wooden wall panels frame the staircase, and natural stone floors complete the elegant feel.
Throughout the saloon and living spaces, soft upholstery and cushions, and curvy furniture are blended together in colors of grays, light beige and hints of red.
The same colors, warmth, and intimate feel of the interior flow outward to the exterior lounge areas. Here L-shaped couches actually face outward, allowing guests to enjoy the sweeping panorama from the uncluttered deck areas.
A favorite deck area is the privacy deck directly outside the master stateroom. Here, the guests can enjoy impressive views from either the large cockpit or the private Jacuzzi tub. Adjacent lounge pads turn this oasis into a private sun deck for the lead charter guests.
For social gatherings, the yacht offers a wonderfully-appointed sun deck featuring a Jacuzzi tub, wet bar, sun pads, and intimate cockpit area.
For active charterers, the yacht holds 4 sets of SCUBA gear (for rendezvous diving), waverunners, SUPs (Stand Up Paddleboards), kayaks, SeaBob, a water trampoline, and many other water sports toys.
Possibilities are endless onboard Abeking & Rasmussen superyacht, EXCELLENCE V. Charterers will simply be amazed by the space, elegant design, and the variety of options for fun and relaxation.
This entry was posted in Yacht Charter News Yacht of the Week and tagged The Superyacht Experience(tm), Abeking & Rasmussen, yachtcharter, the superyacht experience, beach club, A&R, Excellence V, massage room, superyacht charter
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In catching up on technical reading, I studied the launch of the 96 meter Feadship yacht VERTIGO.
For many of our clients, the epitome of luxury is a Feadship yacht charter vacation. These fabled Dutch builders have placed a number of their award-winning vessels into the superyacht charter market. Vessels like yacht HURRICANE RUN, motor yacht JOY, and the the 81 meter yacht AIR, the second largest Feadship currently available for charter, hold a coveted ranking among the most popular luxury yachts for hire in the world.
As I reviewed photos of yacht VERTIGO, Feadship hull 1066, I was floored by her massive size. At 96 meters in length (about 315 feet), she is longer than an NFL football field, from bow to stern. Even her onboard amenities are grand – like the 9 meter x 4 meter swimming pool and the below-deck helicopter hangar.
I thought to myself, “Our charter clients will be amazed when they see this yacht.”
Is it possible vessels like Feadship yacht VERTIGO and similar sized yachts are too big for a superyacht charter, no matter how impressive their onboard amenities might be. Too ostentatious? An appropriate size to maneuver? Is sher affordable?
So just how big is too big – and is there an optimal size yacht for charter?
As a person might expect, there is no simple yes or no answer. More importantly, there IS a correct answer – and it comes from understanding not so much what the charterer wants, as what the charterer needs!
While the charter rate and yacht’s appearance and amenities are important, those details initially take a back seat to the primary factors used to determine the optimal size of the yachts we recommend to our clients.
Our charter consultants focus on two primary criteria when determining the right yacht. For instance, destination and intended use.
“Where” the client wishes to charter is the first factor in determining how large a yacht they can enjoy. Simply stated, some yachts are too large, and draft too deeply in the water to safely navigate certain destinations.
Jana Sheeder, our company’s President best explains the challenge:
“A client who enjoyed a 175ft Feadship yacht charter vessel in the Mediterranean in the summer, might ask for a similar yacht to explore the Bahamas in the winter. However, the Bahamas are a shallow destination and many of the best beachfront anchorages are too shallow to be enjoyed by a Feadship with a typical 12ft draft. Instead of quoting a Feadship, we would probably recommend a yacht like the 164ft Mangusta MOONRAKER. She’s just 10 feet shorter in length than a comparable Feadship, but drafts just 6ft – half the draft of a Feadship!”
“What” the charterer wishes to do during the rental period is the second factor in recommending a yacht based on size. If the yacht is to be used for a corporate event, like the Cannes Film Festival, accessible dockage is crucial to the success of the charter. Our friend Hansel describes the importance of analyzing dockage requirements in relation to the yacht’s size.
“For a static charter, the yacht is normally positioned stern-to (perpendicular to) the quay so VIP guests can come and go. If the yacht is too long, it will have trouble docking stern-to, and it’s bow will jut out, and possibly restrict the passage of yachts entering and exiting the marina. It is far better to provide the client with a yacht shorter in overall length, but greater in volume via multiple decks for entertainment and socializing.”
Once the destination and use issues have been addressed, we can present the largest yachts that won’t compromise the needs of the client. At this point, the focus shifts to cost and amenities, with many clients seeking the biggest yacht in line with their budget, as well as a vessel with unique watertoys.
As an interesting side note, the owner’s perspective on what is the ideal size for a superyacht for charter differs from that of the charterer and charter broker. With many owners, bigger is better. Driven in part by ego, yacht owners continue to build larger and larger yachts. In a recent interview with Superyacht Times, John Rosatti, the owner of 65m yacht DOUBLE DOWN, commented on the growing trend to build bigger yachts:
“Everyone’s going bigger now, just look around. In 1988, I had a 34m Thunderball and it was in the top 100 largest yachts. Now I have a 65m, which may have just slipped out of the top 250. These boats get bigger and the ports get smaller. Where do you put them? It’s tough. If you look around there’s virtually nothing under 150 feet now.”
Yet even when ego seems to dictate the size of yachts, there is still some semblance of reason for a few yacht owners. Paolo Casani, managing director of C&N, believes new-build growth in charter yachts will be in the 45-65m sector. Casani told Superyacht Times:
“They’re (45-65m yachts) easier to manage and you have more berthing options. Yachts this size are the most appealing for charter. We had a 60m that did 96 days of charter in one season. The owner offset his running costs and actually made a profit. The pricing for charters becomes far less attractive for the market when you get above 65 meters.”
While affluent owners will continue to push the bar and build yachts in the 100 meter range, and larger, for most charterers, the ideal charter vessel will be the yacht that is best suited for the client’s desired cruising destination and specific use. Whether that yacht is 50 meters or 100, should remain a secondary factor in selecting the right yacht for the ultimate superyacht experience.
This entry was posted in Yacht Charter News Educational and tagged the size of a football field, Feadship yacht charter, Optimal size yacht for charter, president of 1-800 Yacht Charters, destination, the superyacht experience, yacht size, Hurricane Run, Moonraker, mangusta, yacht charter, Feadship, The Superyacht Experience(tm), Vertigo, Jana Sheeder, How big is too big, Thunderball
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Superyacht Checkmate is just one of the many yachts available for The Superyacht Experience™ by 1-800 Yacht Charters. Enjoy this blog post from 2013!
North American travelers looking for an ocean adventure closer to home might wish to consider a discounted Bahamas yacht charter this winter.
Benetti Vision 145 yacht CHECKMATE announces a special offer for the remainder of the winter season in the Bahamas, cutting her weekly charter rate from $200,000 to $150,000. The special rate equates to a 25% savings off the published rates!
We first introduced our readers to this yacht in November, 2013, when she began her inaugural winter charter season in the Bahamas .
The Italian-built superyacht boasts beautiful, quality construction. She has a contemporary chic interior design by Francois Surety. Yacht CHECKMATE is the perfect vessel for a Nassau yacht charter. She has an on-deck master suite with 180 degree panoramic views. In addition, she boasts zero speed stabilizers, VSAT internet access, and a spacious sun deck equipped with a day head.
The five guest staterooms include a master cabin on the main deck. The master hosts a King bed, and ensuite baths featuring his and hers bathrooms.
#belowdeck are four spacious cabins with accommodations for 8 additional passengers. In addition, two Pullman berths, suitable for small children exist onboard.
She is the 15th yacht built in the fabled shipyard’s Benetti Vision 145 series of semi-custom yachts. This new yacht is poised to join the many Benetti yacht charter vessels currently in service. For instance, motor yacht SWAN and James Bond yacht, DIAMONDS ARE FOREVER.
Welcome to The Superyacht Experience™!
#yachtcharter #thesuperyachtexperience #superyacht
This entry was posted in Educational Yacht Charter Destinations Yacht of the Week and tagged Benetti Vision 145, Benetti 145, yacht charter, Bahamas yacht charter, Benetti, the superyacht experience, yacht, diamonds are forever, Swan, bistango, checkmate, The Superyacht Experience(tm)
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A new digital superyacht technology tool for yacht owners and superyacht charter guests is available. The portal provides real-time access to the yacht’s onboard information systems. Technophile guests can view the vessel’s specs, layout, and weather forecasts. Surprisingly, they can even track their yacht charter itinerary.
The Yacht Information System (YIS) is an innovative digital tool. It is a YachtCloud design. Onboard guests can access the portal via the yacht’s televisions via an IPTV channel. Additionally, guests can access the portal via an app they download onto their smartphones or tablets.
Until recently, charterers would visit with the captain when they wanted information. They would go to the command center of the yacht, the captain’s bridge. Here, they would ask the captain questions. For example, “What’s the final destination for today’s cruise?” Or they might ask, “How long will it take us to get to the next port of call?”
With the YIS portal, clients can get instant answers – from anywhere onboard the yacht!
The technology customizes to meet the specific interests of the charter guests. Superyachts are massive, and in addition, true wonders of technology. The inner working of the crew, and the capabilities of the yacht, intrigue many charter guests. In particular, clients often tell us they would love to visit the yacht’s engine room. However, some guests feel they are, “in the way” of the engine room crew. They then and forego this visit. With this app, guests can “observe” the workings of the engine room from the comfort of their location. For instance, stateroom, the gym, the aft deck, or….
CLICK HERE for a demonstration of YIS.
YIS is one of six luxury technology products by YachtCloud. The company began to innovate for the superyacht industry in 2014. We are intrigued by their mission of “delivery” as it parallels our own commitment to creating a unique experience. Our goal at 1-800 Yacht Charters is to, “Deliver The Superyacht Experience.™” YachtCloud products are designed to, “Deliver a more immersive luxury experience.”
Other products offered by YachtCloud include OMNIYON. This is a media control system for superyachts. Specifically, it’s a user-friendly app that allows charter guests total control of all onboard audio/visual media. It also serves as an interface for room devices, room controls, and yacht crew service call functions. As an illustration, this one app lets users browse their favorite movies in the yacht’s cinema catalog. It also allows guests to adjust the yacht’s sky lounge to their ideal temperature.
Some people view technology as a way to sell gadgets. We believe technology is the gateway for a sustainable yachting future. Without a doubt, it’s also a fun way to enhance The Superyacht Experience®.
The term and the concept, The Superyacht Experience® is a creation of, and is trademarked by, 1-800 Yacht Charters. Our joy at bringing the industry this concept is overwhelming. Legacy and Legitimacy. Tis the season? No, YIS the season!
This entry was posted in News Frequently Asked Questions Educational Gadgets Yacht Charter and tagged client questions, captain's bridge, yacht charter, Omniyon, media control on yacht, YIS, The Superyacht Experience(R), Yacht Information System, Solandge, digital yacht tool, faq's, YachtCloud, IPTV, superyacht app, technophiles, The Superyacht Experience(tm), bridge
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