How do payments work for a Turkey yacht charter?

John Boullin
Yacht charter broker, DMA Yachting

The standard structure: 50% of the charter fee is due when you sign the charter agreement, and the remaining 50% about six weeks before you step aboard. Far-in-advance bookings can sometimes split 25/25/50 with the owner’s agreement.

Turkey has a pleasant difference on the gulet side: many gulets run board packages rather than a full APA, so food and drinks are handled through a per-person package and there is often no separate provisioning fund to manage. Motor yachts more often use the classic base-rate-plus-APA model.

Payment is by bank transfer, the industry standard for amounts this size. Every deadline is in the agreement, so the money side holds no surprises. See how Turkish VAT works.