Owning a yacht can be pretty costly! So today we're telling you about the Actual Cost of Owning A Super Yacht. Know any yachts for sale that you wanna buy? Maybe you'll think twice after watching this video.

Owning a yacht is one of the most extravagant hobbies to ever exist. Yachts are expensive to buy and keeping them maintained and in good condition is no small feat. This costs a hefty amount, and a good rule of thumb is to expect spending around 10% of the yacht’s total price annually on keeping it up and running.

This however doesn’t really work in all scenarios since yacht costs can vary widely depending on when they were made, how big are, and blah blah blah. For example, an 84-foot yacht built in 2002 and refit in 2015 can cost $1.45 million, while a 270-foot yacht built in 2013 can cost $132 million. Now if you try to average out a per feet cost that doesn’t really work out since the 2002 yacht costs about $17,000 per feet while the 2013 one costs almost $50,000 per feet.

So, all the variety makes it difficult to set a standard or an average that you can just apply to all yachts to calculate their upfront and running costs.

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