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Tag Archives: Eastern Mediterranean yacht charter

Big VAT Increase For Greece Yacht Charter Fleet Takes Effect

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A new, higher VAT (Value Added Tax) rate went into effect for all charters that commenced after July 20, 2015 in Greek waters.

greece yacht charter yacht hire rent yacht

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:

  • Category I – vessels licensed to perform international cruises: 9.2% (previously 5.2%).
  • Category II – vessels licensed to perform long range cruises within Greek waters: 11.5% (previously 6.5%).

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.

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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 info@1800yachtcharters.com

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Float on a Cloud – Croatia Yacht Charter Vessel Offers 100,000 Discount

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Croatia yacht charter Greece yacht charter motor yacht CLOUD 9 megayacht superyacht

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!
Waterslide motor yacht Cloud 9 Greece yacht charters Croatia yacht charter inflatable water slide watertoy

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.

Split Croatia Dalmatian Coast yacht charter Eastern Mediterranean croatia yacht charters


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.
Hvar yacht charter Croatia Eastern Mediterranean Croatian wine clean beaches


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.
 
Croatia yacht charter Korcula Marco Polo street musicians Eastern Mediterranean yacht charter



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.
Croatia yacht charter national park waterfall mljet national park eastern mediterranean island in an island

All that in the first 4 days – imagine what adventures might be in store for the next 10 days???!

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Would you like to charter this gorgeous lady?  Contact 1-800 Yacht Charters at https://www.1800yachtcharters.com/book-now-contact-us/ right away!

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Megayacht KOKOMO wins Award for Best Sail Yacht Over 40 meters

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SailAway presents KOKOMO sailing yacht for charter
After concluding her first Mediterranean yacht charter season,  the 58.4 meter mega yacht KOKOMO has won the International Superyacht Society (ISS) 2010 Award for Best Sailing Yacht over 40 meters at the 20th ISS Design Awards in Fort Lauderdale, Florida.A jet black hull with a stark white superstructure creates strikingly simple lines for KOKOMO’s flying bridge sloop design. The modern, clean look is enhanced with extensive natural teak decks, carbon fiber trims, silver transom graphics, and cove stripe.Redman Whiteley Dixon has designed a contemporary interior, with strong, rectangular themes running through the joinery and into the hardware and fittings. These linear shapes are accentuated by the use of light-colored eco-teak veneers with the grain running horizontally.

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.

Looking for a charter boat in the Eastern Mediterranean?  KOKOMO will be available summer  2011 in either Croatia, Montenegro, or Turkey.  Click HERE to book sailing yacht KOKOMO now.

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New Marina in Cyprus set to Welcome Yacht Rally Participants

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Karpaz Gate Marina in Northern Cyprus for Eastern Mediterranean Yacht Rally - book here

As the island of Cyprus continues to gain popularity as a Mediterranean yacht charter destination, Karpaz Gate Marina (KGM), a new luxury marina in northern Cyprus is scheduled to open in early June, 2011.
 
In anticipation of the official opening, Sea-Alliance Group, the marina’s management team, has announced that they will be welcoming yachts participating in the upcoming Eastern Mediterranean Yacht Rally (EMYR).
 
EMYR is an annual event, attracting 55 to 60 sailing yachts, travelling around the major ports of call in the Eastern Mediterranean.

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.


Karpaz Gate Marina
is the first luxury marina built in Cyprus, and a component of the new Karpaz Bay Resort (KBR). Located on the stunning Karpaz Peninsula in the north-eastern tip of the Turkish Republic of Northern Cyprus, Karpaz Gate Marina has 300 berths, including 12 berths for superyachts up to a maximum of 55 metres in length.

KGM should become an attractive destination for day and weekend trips, and where both large and small boats, and long- and short-term visitors, will be equally welcome. The management team has recently announced the opening of a beach club, scheduled to open in late 2011.

The resort will also include a children’s playground, a gym, restaurants, hotel, and a food and provisioning market.  Onsite services will include a yacht brokerage, ship chandlery, sailing school, and a SCUBA diving center.

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To charter a yacht in the Eastern Mediterranean, contact our destination experts HERE.
 

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Planning a Croatia Yacht Charter? Expect To Pay More.

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In November, the Croatian government voted on a fiscal consolidation package to reduce the country’s deficit. One of the measures included an increased intermediate Value Added Tax (VAT, or PDV, as it is called in Croatia) rate from 10% to 13%.
Travelers organizing a yacht charter vacation in Croatia need to be aware of this increase, as the costs will certainly be passed along by the yacht owner to the charterer.
According to Jana Sheeder, a luxury yacht charter industry expert, other increases should be expected as well. “In each of the past three summer seasons, we have seen an increase in interest in Dalmatian yacht charter adventures in Croatia,” says Sheeder.  “We are advising our clients to budget not only for the increase in VAT, but also for the higher excise taxes on fuel that were approved in November.  In short, the cost to enjoy both a Croatia bareboat rental or a fully crewed yacht vacation will cost about 5% more in the summer of 2014.”
boat and yacht charters rental and leasing croatian luxury yacht charter vacation vat what does a croatia yacht charter cost
Trips to the Dalmatian Islands in Croatia now challenge locations in Italy and France as the most popular Mediterranean yacht charter destination. Wild and mostly uninhabited, many of the islands are environmentally protected as national parklands and offer a varied and diverse cruising ground for sail boat charters.
“Must-see” itinerary stops in Croatia include
  • Kornati National Park
  • The Town of Split, a UNESCO City
  • The Islands of Hvar, Brac, and Vis
  • Trogir, a World Heritage Organization City
  • Plitvice Lakes National Park
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The Next James Bond Boat Might Be a Hybrid

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Hybrid propulsion motorboat powered by diesel and electric jet skis
Every few weeks we like to glimpse into the future of sustainable yacht design.  We’ve profiled designers who tout a future of green superyachts and builders who hope to lead the way with zero-carbon emission mega yacht charter vessels.This week, we take a look at the efforts of German grad student, Stefanie Behringer. Stefanie has designed a hybrid propulsion trimaran motorboat powered by diesel and electric jet skis.Behringer’s creation, if it makes it off the drawing board, would be the ultimate James Bond boat. The sleek, futuristic design is a real head-turner!The green-designed vessel is simple and efficient. A jet ski attaches to each side of the hull.  While the jet skis are electric-powered, the 49 foot yacht is also powered by two Audi turbo-charged diesel engines.  Audi’s concept design team assisted Behringer on the project.

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.

Audi trimaran hybrid motoryacht for 12 guests
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.

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Why wait for the future?  Contact 1-800 Yacht Charters HERE and ask to arrange a charter on a yacht committed to reduced emissions and sustainable operations.

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What to Do in Sardinia – the Top Four Things not to be Missed

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Bike and yacht charter holiday Sardinia biking charter a luxury yacht yate iate

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.

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Bosa Sardinia motor yacht charter luxury crewed yacht charter vacation yacht holiday
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.


Bosa marina corsica sardinia luxury yacht charter yacht rental mediterranean
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.

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Trenino Verde train Sardinia charter a luxury yacht motor yacht charters
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.

Capichera winery Sardinia tour luxury yacht charter vacation yacht holiday
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.

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Nuraghi beehives Sardinia man-made motor yacht charter Corsica

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.

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Sardinia National Park Parco Nazionale Corsica yacht charter
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.

Scuba dive Sardinia Maddalena dive shops coast archipelago luxury yacht charter
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.

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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.

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