A new, higher VAT (Value Added Tax) rate went into effect for all charters that commenced after July 20, 2015 in Greek waters.
The new legislation [N.4334 (??? ?’ 80/16-07-2015)] raised the overall VAT from 13% to 23%, however, lower rates apply to certain charters, based upon the duration of the hire.
There are two VAT categories for charters lasting 3 days or longer:
For short term charters, up to 48 hours, there are no discounted rates, and full VAT of 23% is due (previously 13%).
Jana Sheeder, President of 1-800 Yacht Charters, points out the new VAT rates affect ALL charters taking place after July 20, 2015 – even if the charter agreements were signed in prior months. “With the current economic crisis in Greece, we’ve been anticipating some form of VAT austerity,” says Sheeder. “With each charter agreement we prepare, we add a clause indicating that the charterer is responsible for any increase in VAT – this way, there are no surprises. The more details we cover with our clients, the smoother their Superyacht Experience will be.“
QUESTION TO YOU: How will the increase in VAT on private luxury yacht charter vacations in Greece effect the number of yacht charters? Will clients seek alternate destinations or, “grin and bear it” to enjoy a Greek yachting holiday?
Let us know your thoughts, and we will share your comments with our readers AND send you a free complimentary Eco-tote bag! Email your comments (and your mailing address!) to firstname.lastname@example.org
Looking for a last minute European getaway before the kids head back to school? If you are, one of the most popular Mediterranean yacht charter vessels is offering a deep discount to woo your interest.
From August 15th, motor yacht CLOUD 9 is offering 14 days for the price of 12 – a savings of over €100,000. To further entice you, the yacht will waive all delivery fees for a cruise in Croatia and/or Greece.
Stylish and exceptionally comfortable with 5-star cuisine, CMN line 60 yacht CLOUD 9 boasts a huge Owner’s suite, a VIP stateroom with a balcony, as well as a gymnasium and plenty of watertoys.
Oh – we almost forgot, the yacht just installed a brand new waterslide!
Scottish-born Captain, Colin Boyle, has created a special, scenic sample itinerary for a charter commencing in Split and concluding 14 nights later in Zante! Take a look at the first three days of this Eastern Mediterranean adventure:
DAY 1 – SPLIT
Join CLOUD 9 in Split – a 20 minute drive from the international airport. Immediate departure for a nearby anchorage to swim and relax. Remain at anchor overnight.
DAY 2 – HVAR
Hvar – truly one of the highlights of Croatia. The city has an extraordinary history and a great social atmosphere. The tiny harbor fills quickly with anchored yachts and we must arrive at noon. We’ll dinghy our guests ashore where they will find vineyards, lavender fields, walks and clean beaches. For the evening, Hvar offers great cafes and restaurants – and the best in Croatian wine. The bars and cafes remain open late into the night.
DAY 3 – KORCULA
Depart Hvar for a passage to Korcula, the home of Marco Polo. Once at anchor, the protected bay is the perfect place for a day of watersports and swimming. After dinner, we’ll dinghy ashore to walk the ancient streets to window shop and listen to the street musicians.
DAY 4 – MLJET NATIONAL PARK
An early morning passage brings us to the Mljet National park, a peaceful, and beautiful anchorage. Here, we’ll find steep, rocky slopes covered with dense pine forests that hide a 12th century monastery built on a small island in the middle of a lake. That’s right, an island on an island! The lake is generally 4 degrees warmer than the sea, and a good place to swim. Hiking, guided tours and bike rentals are also available.
All that in the first 4 days – imagine what adventures might be in store for the next 10 days???!
This entry was posted in Destinations News Special Offers and tagged Croatia yacht charter, Eastern Mediterranean yacht charter, Croatia, National Parks, discount, Itinerary, cloud 9, waterslide, Split, HvarPosted on
The International Superyacht Society is the sole organization serving and representing the large yacht industry worldwide. Society members are individuals and companies who have been recognized for their leadership and dedication to raising the standards of design construction, maintenance, repair and operation of large yachts.
The yacht owners and participating luxury sailing charter customers will be the very first visitors to use the marina, which is 90% complete at this time. During the stopover at KGM, crew and guests will enjoy exclusive access to the facilities. Berthing will be provided free of charge. The marina is also arranging an evening of entertainment, including a welcoming party with local dignitaries.
The motoryacht is designed to cruise above 20 knots, with a top end of nearly 30 knots. The vessel can be operated using just the jet skis for a 100-horsepower emission-free cruise. At high speeds, the diesel engines will kick in as well as recharge the jet skis’ batteries.
Twelve passengers can move about comfortably on the deck, designed to feel like a lounge. A tinted glass panel above will shield passengers from the wind and sun.
Alas, don’t expect to see this vessel pop up anytime soon in the Mediterranean yacht charter market. Audi has not announced any plans to move the multi-hulled motoryacht beyond the concept phase. Still, innovative designs like this bode well for the future of the yachting industry and talented young designers like Stefanie Behringer.
If you are planning a luxury sailing charter, or a week cruising on a motoryacht, Sardinia is truly a cruising paradise, with crystal clear waters and quiet anchorages.
Last week, we introduced our readers to the enchanted island of Sardinia’s location off the coast of Italy.
Today, we take a look at the island, itself, and our top four recommendations for things to do in Sardinia.
1. Visit BOSA: Away from the coast, much of the countryside is mountainous, but with innumerable charming villages, hotels, restaurants and incredible views. Along the coast, however, is a special small town worth a visit – Bosa. This 12th century town is situated on the west coast, north of Oristano, in a valley on the Temo, the only navigable river in Sardinia.
The city is overlooked by the Castello Malaspina, which dates to 1112. To the south of the Castle, on the north bank next to the bridge, is the Bosa Cathedral. This structure was constructed in the fifteenth century. Inside is a splendid interior of marble statues and nineteenth century frescos. The nearby Bosa Marina Beach is regularly voted the cleanest beach in Italy.
Travel Tip – if arriving via a luxury mega yacht charter vessel, the Bosa Marina is just 2 kilometers from the town of Bosa. While the marina can accommodate yachts up to 50 meters, most of the slips are for smaller yachts so call in advance to secure a reservation during peak summer periods.
2. Ride the TRENINO VERDE – In the summer, the Trenino Verde tourist train runs from Palau south through the mountains. It’s a beautiful route that meanders its way slowly through the hills, and a way to see the interior of Sardinia. One of the stops along the way is the small village of Sant’Antonio di Gallura, a true farming village on a hillside overlooking the Diga Liscia lake. The old center of the village is charming, grouped around the piazza and church of Sant’Antonio. The town has few visitors in the summer, but is very much a typical Gallurese working village. If you prefer to be surrounded by local residents rather than other tourists, this is the place for you.
Travel tip – stop by the Capichera winery and pick up several bottles of their famous Classico white wines – with dry, rounded and mouthfilling flavors of juicy, aromatic fruit, and a long, lingering finish, rich in tangy minerals.
3. See the NURAGHI: Looking like man-made beehives, the Nuraghi are stone dwellings dating back to the bronze age, and found nowhere on earth but on Sardinia. The exact use of these structures remains unknown, but scientists speculate they were either used as religious temples, or military strongholds. With over 6000 on the island, the most famous Nuraghe is Nuraxi su Barumini, which has been designated a World Heritage Site by UNESCO. Barumini is located at approximately 60 kilometers north of Cagliari, the capital of Sardinia.
4. Explore PARCO NAZIONALE dell’ ARCIPELAGO di MADDALENA: La Maddalena is a national park located in the north of Sardinia. On clear days, you can see the coastline of the French island of Corsica from the most northern island of La Maddalena, Isola Razzoli. Luxury sailing charter guests love this destination as most of the islands in this archipelago can only be reached by boat. Here, visitors are offered a glimpse of unspoilt nature, stunning views, and the kindness of friendly, local residents.
Travel tip – hire a local guide for a hiking excursion. A handful of residents are trained environmental hiking guides licensed by the national park to lead hiking tours of the islands. Scuba is another popular adventure in the archipelago and several dive operators have shops on La Maddalena including Area 11 Diver and Scuba Point.
Dazzling beaches, clear water, ancient fortress cities, and modern port towns make Sardinia a “must” stopover for any Western Mediterranean yachting vacation.
Help us round out our list from a “Top four” to a “Top five” review of the best Sardinia has to offer. Tell us your favorite thing to do in Sardinia! Contact the 1-800 YACHT CHARTERS destination team with your travel tips for sightseeing in Sardinia.