The first benefit to consider is the cost of buying your own yacht and chartering one. The chartered rate is much less expensive than the cost of purchasing your own yacht. Many boat owners like to buy boats and then charter them. This option allows you to keep more of the profits of your boat than if you bought and sold it.

This means that you get to keep a bigger portion of your investment. But owning a boat is still a big commitment. You must pay for it in cash, and it is difficult to know exactly how much you will end up spending until you begin the process.

Once you know how much you will spend on your boat, you should be able to estimate what your chartering income will be.

This means you can calculate your net gain. In general, the owner of a new boat makes a net profit of about 60% of its Superyacht Charter Turkey purchase price. This number is very approximate, but you should be able to figure out what you can expect.

Second, chartering can turn into a lucrative business if you sell the boat at a profit. If you know how much your boat is worth, you can estimate how much it would bring on the market. With that in mind, it is worth considering whether it is worth chartering your boat when you think about selling it.