Owning a 50-foot motor yacht in Europe offers unmatched freedom and luxury, however it also comes with significant recurring costs. At UNICO Yachting, we provide full transparency into the real-world financial commitment involved. This guide covers the average yearly running costs of a €1,000,000 motor yacht, based on 100 engine hours per season.
1. Fuel Consumption – €15,000 to €20,000
Expect approximately 120–150 litres/hour for twin-engine yachts. At marina fuel rates (€1.50–€2.00/L), 100 hours will cost around €15,000–€20,000.
2. Berthing Fees – €12,000 to €30,000
Costs vary by location. Premium marinas charge up to €30,000/year, while ports in Malta or Croatia may cost closer to €12,000/year.
3. Insurance – €5,000 to €8,000
Annual insurance typically costs 0.5%–0.8% of the yacht’s value and covers hull, liability, crew (if applicable), and tender.
4. Annual Maintenance & Servicing – €10,000 to €20,000
This includes engine servicing, generator maintenance, antifouling, electrical inspections, and winter works.
5. Seakeeper / Gyro Stabilizer Maintenance – €1,000 to €2,000
Annual maintenance includes oil changes, filter replacement, and system diagnostics.
6. Fire Safety & Safety Equipment – €500 to €1,500
This covers fire suppression system inspections, flare renewal, life raft service, and EPIRBs.
7. Cleaning & Detailing – €2,000 to €5,000
Includes weekly washes, teak and stainless care, and seasonal interior detailing.
8. Contingency for Repairs – €5,000 to €15,000
Set aside a buffer for unexpected repairs such as pump failures or electronic faults.
9. Tender Costs (e.g. Williams Jet Tender 285) – €1,500 to €3,000
Covers engine and jet servicing, battery checks, winterisation, and upholstery care.
10. Crew (Optional) – €40,000 to €70,000
While not essential for 50-foot yachts, a captain or steward can significantly enhance the experience.
Total Annual Cost Summary
Without Crew: Approx. €73,500
With Crew: Approx. €123,500
Final Thoughts
Running a 50-foot motor yacht typically costs 7%–12% of its value annually. UNICO Yachting offers expert support for ownership planning, charter options, and yacht management.
SEO TITLE: What Does It Cost to Run a 50-Foot Motor Yacht in Europe?
META DESCRIPTION: Discover the true annual costs of owning a €1,000,000, 50-foot motor yacht in Europe, including fuel, berthing, insurance, and tender servicing. Expertly explained by UNICO Yachting.
Next Steps with UNICO Yachting
Thinking about yacht ownership or upgrading your current vessel? Get in touch with our expert advisors at UNICO Yachting. We provide personalised support for yacht acquisition, yacht financing, operational planning, ongoing support and management, so you can enjoy the sea while we handle the details.