Yachts are the most extravagant toys of the riches to travel and party in style. Different kinds of yachts are used for various purposes and priced accordingly. In this article, we have limited the value of yachts to 1 million dollars. We take you through all the features you can expect, some options available for purchase, and unique watercraft at this price point. 

Basic components of million-dollar yachts

Million-dollar yachts have certain standard features that make them more desirable than smaller, less-priced yachts. Perhaps, it’s also important to understand that acquiring a brand-new luxury yacht for under a million dollars is nearly impossible. What you will find, though, is a lot of used yachts for under a million. 

While some choose to buy yachts, others prefer to charter yachts from a reputed yacht charter in Dubai. People also charter yachts from yachting companies to test the features and experience of cruising on one of them to strengthen their buying decision. 

Hence, here are some of the essential components you will find in most million-dollar yachts:

• Multiple cabins
• Minimum length 
• Luxurious interiors
• Powerful engines  

Multiple cabins

Smaller yachts have one common cabin space. This is not the case with luxury yachts. Multi-million dollar yachts usually have more than 1 cabin. The number of cabins usually increases with the value of yachts.

You will find yachts with more than 5 cabins as well. These yachts are usually priced in several million. You can easily find a second-hand yacht in the pre-owned market for less than a million and enjoy the multi-million dollar experience. 

Minimum length 

Yachts that cost a million dollars and above usually have a minimum structural length. This is a subjective factor and depends on the yacht brand, but has it been a common observation among many million-dollar yachts. Yacht Lengths from 45 ft. and above are usually classified under the million dollar category. 

Luxurious interiors

The million dollars you pay will surely bring you some of the finest amenities. This is a critical factor differentiating a less-priced yacht from an expensive million-dollar one. From onboard entertainment and a Jacuzzi to a dining area and state-of-the-art bathrooms, the yachts that cost a million and more have luxurious interiors. 

The pre-owned market has several excellent options for buying yachts for less than a million. These yachts have all the features of a multi-million dollar, making them so desirable. 

Powerful engines

Another essential feature that differentiates a million-dollar yacht from that one that costs much less is its powerful engines. Million-dollar yachts have bigger engines that are much more powerful and capable of hauling such massive watercraft to impressive speeds. 

Million-dollar yachts for sale – Yachts you can buy for under a million

The yacht options mentioned below are all used yachts that you can find for sale. Their pre-owned prices are all within the 1 million dollar price tag. Here are some of the best yachts you can buy for less than a million:

• • Lagoon 440 Catamaran – Priced around $407,000

• Beneteau First 53 Yacht – The estimated pre-owned price of $550,000

• • Lagoon 570 yacht – Priced at $620,000, give or take

• Lagoon 50 catamaran yacht – Estimated cost of $760,000 

• Beneteau 62 Oceanis sail yacht – Priced at around $820,000

• Fountaine yacht Pajot Queensland 55 – Pre-owned price of around $880,000

• Fountaine yacht 44 Pajot MY catamaran – Estimated cost of around $1,000,000

A million dollar flying yacht – A revolution in yachting technology

Yacht manufacturers are constantly pushing the envelope in developing unique watercraft technology. A new yacht known as the million-dollar flying yacht has taken the internet by storm. Developed by Foiler, this unique yacht can cruise above the water at up to 40 knots. 

What’s interesting is that the yacht, based on videos and test samples, is exceptionally stable and relaxing to cruise on. The boat cruises above water, maintaining a gap of 1.5 meters. This is enabled due to the hydro-foiling technology, a 740 hp propulsion unit, and, most importantly, the custom torpedoes designed by Enata. 

Famous internet personality, social media influence, and car enthusiast Supercar Blondie was recently seen cruising on one of these flying boats in Dubai. The boat is set for sale and will be priced at a million dollars. 

Cruise on a million-dollar yacht today

Whether you are looking to buy a yacht or cruise on a million-dollar one, anything is possible in today’s market. Luxury yacht rentals in Dubai constantly expand their fleet, bringing in new yachts for more experience. Similarly, the second-hand pre-owned yacht market also sees an influx in sales. 

Perhaps, if you have decided to purchase a luxurious yacht with a budget of 1 million dollars, we would recommend you look at the second-hand market.