10 Luxury Yachts For Under $1 Million

There’s no greater symbol of absolute welfare than a giant, fancy, and luxurious yacht. Yachts are the ultimate toys when it comes to exotic entertainment and relaxation. Over the last decades, the richest people in the world compete in the most extravagant and fastest yachts in the world. However, this all comes at a jaw-dropping cost. Besides the enormous price of the yacht itself, here are splashing maintenance costs to consider. For example, a $10 million yacht costs around $1 million a year to maintain. The larger the vessel, the more expensive to keep.
There are a lot of things you can buy with $1 million, and one of them is your own yacht. Over the past years yacht owners started an abundance of price cuts when they decided to sell their sea monsters, all for under $1 million.
What better way to spend your holiday or have a party or wedding than onboard your own private yacht? You don’t even need to drop millions to do it either. Don’t expect a high-end large-scale yacht like the ones billionaires own, but a small and intimate entry-level yacht that offers the same comfort and luxury for less money, which works just as fine when splashing into those waves. Have a look at our list of affordable luxury yachts that are by no means any less fabulous than their big brothers owned by billionaires. In fact, with years of experience in cruising the oceans of the world, they have a personality of their own.

10. Chrysanthe S, $1 million

Yacht prices continue to drop as we speak and Chrysanthe S makes no exception. It dropped from $1,22 million to $1 million and may continue to drop still. Built in 2009 by Overmarine, Chrysanthe S underwent a full refit in 2006. It can accommodate seven guests in three cabins. There is a master VIP cabin, equipped with a king size bedroom, a VIP stateroom, plus two twin cabins. Latest technology, great performance, and leisure are what best describe Chrysanthe S. It may be only 79 feet in length, but it is definitely the luxury yacht everyone dreams of cruising on.

9. Sentimental Journey, $975,000

Built in 1983 by Lloyds Ships Holdings, Sentimental Journey is a 112-foot aluminum-built motor yacht. The elegant interior is the work of Hampton Interiors and was designed to be both comfortable and luxurious. It can accommodate 12 guests and 6 crew members. Equipped with twin Gardner engines generating 250 horsepower each, it cruises at nine knots and can reach a maximum speed of 10 knots, making her the perfect vessel for long and relaxing cruises. Sentimental Journey underwent major upgrades in 2009 when it was refitted by Delta Marine.

8. Clarissa, $884,000

Built in 1977 by Poole Chaffee, Clarissa is a 104-foot aluminum-built motor yacht. In 1999, All American marine purchased it and added 16 feet to the original structure. Clarissa was also refitted and repainted. Throughout her lifetime, the yacht has had a full-time crew and underwent regular maintenance, which ensured safe long cruises. In fact, she safely crossed the Atlantic from America to Greece in 2008. Among its unique features, Clarissa has an elegant main deck with both an open and a glass-enclosed aft deck, as well as a massive flybridge, which make her the perfect vessel to entertain your guests on. What’s even better is that for $884,000, Clarissa is also economical, burning 20 gallons per hour with her twin Detroit Diesel engine generating 650 horsepower.

7. Mr. Ed, $875,000

Built in 1991 by Maiora, an Italian yacht firm, Mr. Ed is a 97-foot motor yacht that underwent a full refit in 2009, meaning that it is just as ready to set sail as it was when it first came out of the factory. Powered by a Detroit Diesel 16V92TA engine, it can reach a cruise speed of 18 knots and a maximum speed of 22 knots. Mr. Ed can accommodate eight guests and three crew members. The master bedroom is equipped with a twin bed, its own bathroom with a jacuzzi tub, and is accessed through a private staircase directly from the main salon. There are also a VIP room with queen bed and ensuite bathroom, as well as two twin staterooms.

6. Grand Cru, $870,000

Built in 1984, Grand Cru measures 105 feet in length. The aluminum-built motor yacht boasts a classic elevated pilothouse, a very attractive feature for just $870,000. Grand Cru underwent major upgrades several times, in 1995, 1998, 2000, and 2010, which ensure the quality of the engine and furnishings. New teak decks were installed in 2005 and the vessel was fully repainted in 2011. Grand Cru can accommodate six guest in three staterooms. Among its distinctive features, there is an enclosed aft deck equipped with air conditioning, a massive flybridge, and a cockpit.

5. Trilogy, $809,000

Built in 1990 by Tempest Marine, Trilogy is a motor yacht measuring 104 feet in length. It is listed for a great price, just $809,000 for a fast and spacious luxury yacht. In 2005, Trilogy underwent a full upgrade, and was entirely refitted and repainted. Trilogy received a hull extension, new air conditioning systems, upgraded electrical systems, as well as newly furnished teak decks. It can accommodate eight guests in four cabins. Among its most attractive features, it boasts naiad stabilizers. Equipped with twin Caterpillar engines generating 1,000 horsepower, Trilogy can reach an incredible speed of 32 knots.

4. Sunseeker Manhattan 52, $808,000

Built in 2008, the Manhattan 52 is one of the most successful models Sunseeker has to offer. It may be only 52 feet in length, but it is nevertheless luxurious. In fact, Sunseeker manhattan 52 is the perfect example of a lightweight pocket yacht that can reach great speeds, taking cruising to a whole new level. Equipped with twin Volvo 800 engines generating 1,600 horsepower, it can reach a cruise speed of 23 knots and a maximum speed of 32 knots. It has three cabins, two heads, and a crew cabin.

3. 107-foot Admiral, $612,000

Melitas Marine is selling a 107-foot Admiral yacht for just $612,000, a relatively low price for a classic luxury yacht that puts a whole new meaning to leisure. Built in 1974, the 107-foot Admiral was fully refitted, renovated, upgraded, and repainted in 2009, preparing it for long voyages. Equipped with twin MTU engines generating 1,960 horsepower, it can reach a cruising speed of 18 knots and a maximum speed of 20 knots. The 107-foot Admiral can accommodate 10 guests in five twin staterooms, plus six crew members.

2. Balboa, $595,000

A motor yacht that is quite big for the price, Balboa measures 138 feet in length for just $595,000. It was built in 1989 by Maaskant Shipyards as a North Sea trawler. Its current members began upgrading the trawler in the hope of converting it to a world-class super-yacht, but decided to interrupt the process and sell the Balboa. Much of the work has already been completed and the Balboa is waiting for someone to simply finish the job. Equipped with a single Deutz engine generating 2,000 horsepower, with a range of 5,000 nautical miles, Balboa is the perfect expedition yacht, spacious and reliable.

1. Canados, $503,000

Melitas Marine listed this gorgeous 98-foot luxury motor yacht for just a little over half a million dollars. Canados was built in 1987 and was fully renovated and refitted in 2004, making it the best affordable luxury yacht to take out to sea today. The stylish yacht has a hull that is covered entirely in wood and can accommodate between 8 to 10 guests in four spacious cabins, plus a crew of 5 to 6 members. Equipped with twin MTU engines generating 2,000 horsepower, Canados can reach a cruising speed of 24 knots and a maximum speed of 28 knots. The master bedroom boasts a splashing king size bed, while the VIP bedroom comes with a queen size bed. There are also two guest cabins with Pullman Berth. Among its distinctive features, Canados is equipped with auto pilot, has a Kawasaki jet ski, plus scuba diving and snorkeling equipment, it can offer banana rides, while its large flybridge is excellent for entertaining guests.