Owning a yacht is by no means a small financial venture. Yachts can range in price from a few thousand dollars to basically unlimited.
It’s not rare to see them auctioning for more than a few million dollars. Even if you opt for a less
expensive yacht you have to consider maintenance. Every year you can expect to spend about 10% of the total price of your yacht in maintenance.
A Yacht is a type of boat; as such it will be in the water for most of its life. Constant contact with the elements and with water takes its toll. This is amplified ten-fold if you have your yacht on sea water.
Salt and other minerals wreak absolute havoc on the exterior of the yacht as
well as the mechanical components inside.
