Cost of ownership
What a Phinisi Costs After You Own It
The asking price is the part everyone quotes. What follows is what each hull can earn against it, and what the desk itemises before you commit.
- USD 153k–USD 1.12M
- What the book costs to buy
- USD 1,800–30,000
- Charter rate per yacht per night
- 6–14%
- Indicative net yield, managed
- Per deal
- Cost basis itemised on every listing
Quick answer
Vessels of this class charter at USD 1,800–30,000 per yacht per night, and professionally managed hulls return an indicative 6–14% net a year — which is what a buyer weighs the running cost against.
- Yields are indicative only and never guaranteed; a written projection with a downside case is prepared per owner.
- Cabin count and water capacity decide how many nights a hull can actually sell.
- The cost basis is itemised on every listing rather than estimated from a rule of thumb.
Earning capacity
What Each Hull Can Actually Sell
Running cost follows from the vessel, and so does revenue. Cabins and guest capacity set how many berth-nights there are to sell; water capacity sets how long she can stay out selling them.
| Vessel | Cabins / guests | Water aboard | Asking |
|---|---|---|---|
| VIP V | 16 / 30 | 50 tons | USD 553,000 |
| VIP IV | 10 / 20 | 25 t + 4 t/day maker | USD 553,000 |
| VIP VI | 8 / 21–25 | 13,000 L | USD 682,000 |
| VIP III | 7 / 20 | 8,000 L | USD 153,000 |
| VIP II | 5 / 12 | 5,000 L | USD 153,000 |
This table previously gave annual operating cost by use profile — USD 320,000 to USD 1,400,000. Those figures had no source and were retired. Ask the desk for the operating budget on a specific hull.
Before you own it
What the Contract Fixes
These are not negotiated deal by deal — they are standing terms.
- Independent survey
- Condition of sale
- Payment
- 3 milestones
- Ownership
- PT PMA or bareboat
- Operating history
- Supplied
- Cost basis
- Itemised
With sea trial and document audit. Not an optional extra.
Offer, survey, transfer — beneficiary matching the contracting entity each time
Walked through with counsel before any deposit moves
Survey records, refit invoices, charter revenue where relevant, crew notes
Every listing is priced in USD with the basis broken out
A six-line schedule of one-time costs (refit reserve USD 200–600k, crew USD 18–30k, PMA USD 8.5–15k, survey USD 8–18k, flag USD 4.5–9k, first season USD 40–90k) used to sit here. All of it was scaled off the retired prices and none of it had a source.
Against the cost
What She Can Earn Back
Placed in managed charter, a hull runs on the group’s own crews, standards and calendar.
- USD 1,800
- Charter rate floor
- USD 30,000
- Charter rate ceiling
- 6–14%
- Indicative net yield
- 30 guests
- Largest capacity on the book
- Never
- Guaranteed
Per yacht per night
Per yacht per night
Professionally managed, per year
VIP V, 16 cabins
Downside case modelled per owner
Yields are indicative only and never guaranteed. A written projection with a downside case is prepared per owner.
Offsetting it
Four Things That Move the Net Number
Two identical vessels can run at very different net cost depending on how the ownership is structured and who operates them. None of the four below is exotic — they are the standard levers, and we model all of them before a buyer commits.
- Managed fleet placement 6–14% net
- The group’s own crews, standards and calendar, against an existing booking pipeline. Indicative, never guaranteed.
- PT PMA ownership Holds the flag
- The structure that permits in-country charter at all. Bareboat is the alternative route.
- Cabin count Berth-nights
- Sixteen cabins sell more nights than eight. It is the single biggest lever on what a hull earns.
- Water capacity Days at sea
- VIP IV carries a 4 tons/day maker; VIP II carries 5,000 L and no maker. That decides itinerary length.
Next in this silo
Model the Whole Purchase
Deal memo
Get the Model for a Specific Vessel
Pick a hull and the desk itemises the cost basis against it — acquisition, any refit, structure, crew, and a charter projection with a downside case if she is going into the managed fleet.
Or call +62 811-3941-4563
- Cost basis itemised in USD, line by line
- Written charter projection with a downside case
- No obligation and no fee to enquire