Top Stories
Top Stories
Inside Wealth

Super-Yachts at a Discount

Mega-Yachts For Less
Yachts-at-a-discount-cover3.jpg
The Euro crisis has affected every part of the European economy, even in the rarified market of mega-yacht rentals in the Mediterranean. A glut of yachts for rent, coupled with the slowing global economy and the Euro crisis, is creating unprecedented bargains in the charter yacht business this summer. Yacht brokers say there are roughly 750 boats over 100-feet long docked on the shores of the Med this summer waiting for customers – twice the number of previous years. And there simply aren’t enou
Photo: Edmiston & Company

The Euro crisis has affected every part of the European economy, even in the rarified market of mega-yacht rentals in the Mediterranean.

A glut of yachts for rent, coupled with the slowing global economy and the Euro crisis, is creating unprecedented bargains in the charter yacht business this summer. Yacht brokers say there are roughly 750 boats over 100-feet long docked on the shores of the Med this summer waiting for customers – twice the number of previous years. And there simply aren’t enough rich customers to fill them.

With prices ranging from $200,000 to more than $1 million a week – not including food, fuel and beverages – demand for these vessels is restricted to the super-rich. But there’s no harm in looking.

Click ahead to see what kind of yacht is for rent at a discount this summer.

Lady Christina
Yachts-at-a-discount-lady-christina.jpg
Lady Christina, a 204-foot super-yacht, has a roomy, art-deco interior with a sea-level gym that opens onto the swimming platform. Its master suite stretches the entire length of the upper deck and includes a dining area and private terrace. People who book 14 days or more on the yacht get 20 percent off the weekly charter price of $435,000 – a savings of $174,000 for the two weeks.
Photo: Edmiston & Company

Lady Christina, a 204-foot super-yacht, has a roomy, art-deco interior with a sea-level gym that opens onto the swimming platform. Its master suite stretches the entire length of the upper deck and includes a dining area and private terrace. People who book 14 days or more on the yacht get 20 percent off the weekly charter price of $435,000 – a savings of $174,000 for the two weeks.

Mariu
Yachts-at-a-discount-running.jpg
The 164-foot Mariu was designed and built for fashion king Giorgio Armani, and his design touches are evident throughout the boat. Its four decks are filled with leather, rich woods and bleached oak panelling in a sleek minimalist design that extends even to the sun deck that also the place for a shaded afternoon nap. The boat is now offering a charter rate of $201,000 a week, instead of the usual $233,000. It’s also available for last-minute charters.
Photo: Edmiston & Company

The 164-foot Mariu was built for fashion king Giorgio Armani, and his design touches are evident throughout the boat. The sleek minimalism of its interiors boasts plenty of leather, rich woods and bleached oak paneling, while outdoor sun deck can be  shaded for a blissful afternoon nap. The boat is now offering a charter rate of $201,000 a week, instead of the usual $233,000. It’s also available for last-minute charters.

Bad Girl
Yachts-at-a-discount-badgirl-exterior.jpg
Bad Girl, a 186-foot cruiser, has a double master cabin with dressing room, double office and his-and-hers en suite bathrooms. It also has a gym, sauna, Jacuzzi and two Kawasaki jet skis. It charters for $250,000 a week but 10 percent discounts are being offered.
Photo: Burgess Yachts

Bad Girl, a 186-foot cruiser, has a double master cabin with dressing room, double office and his-and-hers en suite bathrooms. The vessel also has a gym, sauna, a Jacuzzi and comes equipped with two Kawasaki jet skis. It charters for $250,000 a week but 10 percent discounts are being offered.

Aboard the Bad Girl
Yachts-at-a-discount-badgirl-interior.jpg
A view from the deck of the 186-foot Bad Girl. Yachts like this one are seeing discounts of up to 30 percent for the months of June and July, a result of slack in demand from the super rich.
Photo: Burgess Yachts

A view of the entertaining deck of the 186-foot Bad Girl. The dining table can be set for 12, matching the number of people the boat can sleep, but the cocktail area is ample enough for larger parties while in port.

Icon
Yachts-at-a-discount-icon-exterior.jpg
Icon, a 205-foot yacht built in the Netherlands, has a sleek interior with ultra-modern sofas and tables and dark wood finishes, and an on-board library of 150 DVDs to choose from. Its weekly rate, including a crew of 16, is $475,000, but discounts of up to $50,000 a week are now possible.
Photo: Burgess Yachts

Icon, a 205-foot yacht built in the Netherlands, The yacht sleeps 12 passengers and includes amenities such as an on-board gym and Jacuzzi. Its weekly rate, including a crew of 16, is $475,000, but discounts of up to $50,000 a week are now possible.

Icon Interior
Yachts-at-a-discount-icon-interior.jpg
A look inside the 205 foot Icon demonstrates the luxury that one can expect to get for $50,000. The yacht can sleep 12 passengers and includes amenities such as an on-board gym and jacuzzi.
Photo: Burgess Yachts

A look inside the 205-foot Icon demonstrates the luxury that one can expect to get for around $500,000 per week. The ultra-modern interior is furnished with plush sofas and dark wood finishes, and includes on-board library of 150 DVDs.

Nero
Yachts-at-a-discount-nero.jpg
This retro 295-footer has a classic interior with wood paneling and sweeping sun decks. Clients can get $50,000 off the $530,000 weekly rent with certain terms.
Photo: Burgess Yachts

This retro 295-footer has a classic interior with wood paneling and sweeping sun decks. Clients can get $50,000 off the $530,000 weekly rent with certain terms.

Aboard the Slipstream
Yachts-at-a-discount-slipstream-exterior.jpg
At 197 feet in length, Slipstream has room for a cavernous master suite decorated, like the rest of the dramatic post-deco interior, with red and black walls. Customers can get $43,000 knocked off the $432,000-a-week list price this summer.
Photo: Burgess Yachts

At 197 feet in length, Slipstream has room for a cavernous master suite decorated with red and black walls. The rest of the post-deco interior is equally dramatic. Customers can get $43,000 knocked off the $432,000-a-week list price this summer.

Slipstream: On The Deck
Yachts-at-a-discount-slipstream-interior.jpg
A view from the deck of the French-built Slipstream. The yacht has a crew of 15 and aside from the luxurious living spaces, it also offers passengers access to jetskis and other water toys, a norm for Mediterranean super-yachts available for charter.
Photo: Burgess Yachts

A view from the deck of the French-built Slipstream. The yacht has a crew of 15 and aside from luxurious living spaces, the boat is fitted out with Jet-Skis and other necessities for a Mediterranean vacation.

Pure One
Yachts-at-a-discount-pure-exterior.jpg
In what may be the deal of the summer, Pure One is offering a third off of its charter rate of $227,000 a week. The 152-foot boat can race to 30 knots and has a jaw-dropping flybridge with double sunbeds, twin dining banquettes and sofas. You can splash all day in the glass-edged pool, and spend evenings hanging out in the media room.
Photo: Edmiston & Company

In what may be the deal of the summer, Pure One is offering a third off of its charter rate of $227,000 a week. The 152-foot boat can race to 30 knots and has a jaw-dropping flybridge with double sunbeds, twin dining banquettes and sofas. In port, you can splash all day in the vessel's glass-edged pool, and spend evenings hanging out in the media room.

Unbridled
Yachts-at-a-discount-unbridled-exterior.jpg
This 191-foot yacht has an outdoor gym, Jacuzzi, can comfortably accommodate 12 guests and has a separate guest study on the lower deck and master double suite.
Photo: Burgess Yachts

This 191-foot yacht treats its 12 guests to an outdoor gym, Jacuzzi, and a separate guest study on the lower deck.

Unbridled - Interior
Yachts-at-a-discount-unbridled-interior.jpg
An image from inside the Unbridled, demonstrating the luxury one can expect from this Mediterranean super-yacht.
Photo: Burgess Yachts

Inside the Unbridled is a comfortably furnished interior that, aside from the water views in every direction, might be taken for a high-end hotel.