A 50-foot yacht is the preferred choice of many sailing enthusiasts for enjoying a trip on the water, and a brand-new 50-foot yacht with a new configuration sells for about $500,000 to $1.5 million. The exact price will also depend on the brand of the yacht, the configuration of the yacht and the yacht services offered. If you are looking to buy a new 50-foot yacht, here are some things to consider.
The Cost of Buying a New 50-foot Yacht
When purchasing a new 50-foot yacht, it is important to consider not only the cost of the purchase, but also the annual operating and maintenance costs. If you are planning to buy a new 50-foot yacht, you need to consider:
I.Yacht purchase cost
1.The price of the yacht
The price of buying a new 50-foot yacht with a basic configuration is about $40,000 to $60,000, while the price of buying a new 50-foot yacht with a high-end brand and high-end configuration is about $100,000 and above. The exact price is based on the brand, configuration and features of the yacht.
2.Taxes and registration fees
When purchasing a yacht, it is usually necessary to pay a certain amount of tax and registration fee, which varies from region to region. Some regions may have a 5% or higher tax and registration fee for yachts, while some regions only require 4%. Depending on the size and age of the yacht, the tax and registration fee for a 50-foot yacht valued at $500,000 will be around $4,000 - $6,000 USD.
3.Yacht Inspection
A yacht inspection is a comprehensive examination of a yacht by a professional surveyor to look for problems that may affect the performance of the yacht, such as checking the hull, electronic equipment, deck, etc. to ensure the quality and safety of the yacht. For a new 50-foot yacht, the cost of the inspection is about $2,000 to $5,000.
II.Yacht operating costs
1.Berthing fees
Berthing fees are the costs incurred when a yacht is docked at a marina or port, and are usually charged on a monthly or annual basis. The annual berthing fee for a 50-foot yacht is about $10,000.
2.Crew Fees
Operating a yacht can't be done by just one person, if you use the yacht frequently, you need to hire some crew to help you take care of it, you need to pay the fees of these crew members, which is a big expense in a year. the captain and crew of a 50-foot yacht cost about $15,000 in a year.
III.Yacht Maintenance Costs
1. Maintenance and upkeep costs
Yachts require constant maintenance to keep them in good condition and safe. Maintenance and upkeep usually include regular overhaul, replacement of parts, painting, maintenance, etc. The annual maintenance and upkeep fee for a 50-foot yacht is about $8,000.
2. Insurance
In addition to regular maintenance, the yacht insurance premium for a yacht is also very important. Depending on the value of the yacht, the insurance premium for a 50-foot yacht is about $10,000.
Where to find 50ft new yachts for sale?
50-foot yachts are highly sought after, 50-foot yachts usually have spaciousness and luxury amenities, so where can you find a 50-foot new yacht for sale? Here are some ways to find new yachts for sale:
Yacht dealers
Many yacht brands will be authorized to yacht dealers, you can find your favorite 50ft new yachts for sale through yacht dealers.
Boat Shows
You can see all kinds of yachts of different sizes and types at yacht shows, which is a good opportunity to find a 50 feet new yachts for sale, and you can communicate directly with the yacht manufacturer representatives or sales staff.
Official brand websites
Many yacht brands have their own official website, you can log in or check the website for yacht information and search for the yacht you want according to your needs.
What are the 50 feet new yachts for sale?
There are many new yachts for sale in the market, if you are planning to buy a new yacht for sale around 50 feet, you can consider the following yacht types:
Fairline 50 Targa GT
This is a yacht that is manufactured in the UK, the yacht measures 50 feet and is priced at £689,000. This yacht has 3 staterooms, the master cabin is equipped with a sofa, one cabin is equipped with a bed which comes with a mechanism that can be split into two beds and there is also a stateroom that can be replaced with a saloon.
Fairline Squadron 50
From the spacious flybridge to the lower deck cockpit, the Squadron 50 offers plenty of room for cruising with friends, and this yacht is priced at £711,000.
Fairline Targa 50 Open
The lower deck layout of the Targa 50 Open includes 3 cabins as well as a saloon and galley with pantry, two equal sized bathrooms with dedicated showers and is priced at £678,000.
If the price of this type of yacht is out of your budget, find out about used yacht prices.
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