The most common question we get from prospective buyers isn't "what does the boat cost?" — it's "what does it cost to run?" Running costs are what buyers either forget to research, or deliberately avoid thinking about, until they own the boat and the reality arrives. This guide is the one we wish every buyer read before the purchase.
The numbers here are based on real operating data from our fleet and from clients we manage. They're Mallorca-specific, current for 2025, and deliberately conservative — meaning the real costs could be higher if the boat has deferred maintenance, if the crew changes frequently, or if the vessel is used more than typically assumed.
The Main Cost Categories
Real-World Annual Cost Scenarios
A 15m motor yacht operated on a Balearic charter licence can generate €60,000–€120,000 in gross charter revenue during a full summer season (May–October), covering 30–40 charter days. After broker commission and crew costs, net revenue typically covers 40–70% of annual running costs. Some owners achieve full cost neutrality. The key variable is utilisation rate — how many of the available days are actually booked. This is where choosing the right charter management partner matters enormously.
Thinking About Buying a Yacht?
We offer a free ownership cost consultation — honest numbers tailored to the vessel and usage pattern you're considering, including a charter revenue projection.
Book a Free ConsultationThe Charter Tax Question
If you charter your vessel to third parties in Spanish waters, you need a Spanish charter licence (Licencia de Arrendamiento de Embarcaciones de Recreo) and must charge VAT at 10% on charter fees. Charter income is subject to Spanish income tax (IRPF or non-resident tax depending on your status). A proper management structure — which we can advise on — can significantly reduce the tax burden on charter income while keeping you fully compliant.
Operating without a licence is a growing enforcement issue in the Balearics. Captanía Marítima is actively boarding vessels and checking documentation. The fines for unlicensed commercial operation start at €4,500 and can reach €30,000. Get the licence — it protects you, your guests, and your insurance position.
Hidden Costs First-Time Owners Miss
Winter storage or haul-out: most owners haul their vessel for antifouling and maintenance over winter, even in Mallorca's mild climate. A full haul-out, pressure wash, bottom paint, and launch typically costs €3,000–€8,000 for a 15m vessel.
Tender and toys: the small boat that lives on the swim platform — and the jet ski, paddleboards, wake toys, and dive equipment that guests expect — add €15,000–€80,000 to the initial setup cost and carry their own annual maintenance budget.
Crew provisioning and berthing: guests eat, drink, and use resources. On a crewed charter, provisioning is an additional daily cost. Even on private trips, provisioning for a week in the Balearics for 8 guests runs €2,000–€5,000 depending on style.