Summer is officially here, with the Mediterranean luxury yacht charter season in full swing. The finest superyachts are now embarking on their annual migration across the Atlantic from the Caribbean to some of the Med’s most exclusive cruising destinations.
The global yacht charter market continues to soar. In 2023, it reached a market size of US$19.78 billion and is expected to rise to $55.69 billion in 2032. As more people enjoy the delights of a luxury yacht charter, the Mediterranean continues to reign supreme, home to some of the world’s most sought-after cruising destinations, such as Italy’s Amalfi Coast and the chic French Riviera.
However, the past decade has seen a shift in the Mediterranean luxury yacht charter market, with yacht brokers seeing increasing interest in the Eastern Med, including Greece, Croatia, Montenegro, and Turkey. Indeed, yacht charters in the Eastern Mediterranean now account for 51% of all Mediterranean superyacht charter bookings.
Greece, in particular, dominates as the leading Eastern Mediterranean luxury yacht charter destination, fuelled by recent legislative changes that now allow foreign-flagged vessels to easily charter in Greece.
If you’re planning your summer Mediterranean yacht charter vacation, then read on. Here are some of 2024’s hottest superyacht destinations, as recommended by leading yacht charter brokers.
Mediterranean luxury yacht charter destinations
Greece
Greece is now one of the leading destinations for Mediterranean luxury yacht charters, holding a 29% market share of all bookings in the Eastern Mediterranean in 2023.
With thousands of islands to explore, Greece is ideal for those seeking an island-hopping adventure. Drop anchor at popular ports of call such as Santorini, Mykonos, and Corfu and indulge in some of the Med’s most exclusive beach clubs or cruise to under-the-radar islands like Hydra. The region is rich in history, with exceptional World Heritage Sites and historical monuments to explore, making it a superb charter destination.
Croatia
Croatia is a rising Mediterranean luxury yacht charter destination, and for good reason too. Croatia’s Dalmatian coast is simply stunning, peppered with remote islands boasting white sandy beaches lapped by crystal-clear waters. Exceptional national parks are ideal for adventure enthusiasts, offering a myriad of activities such as kayaking, hiking, and cycling. Along the coast, charterers will also find fascinating cities and towns to explore, such as the ancient Medieval cities of Dubrovnik, Split, and Korcula.
French Riviera
The exclusivity of the French Riviera is unmatched. The playground of the world’s rich and famous, it remains one of the most popular Mediterranean superyacht charter destinations. Hotspots include St. Tropez, Cannes, Nice, Antibes, and Monaco, along with the legendary ‘Caps’. Unwind at some of the world’s most iconic beach clubs frequented by celebrities and VIPS, such as Niki Beach and Club 55, or indulge in exceptional cuisine at Michelin-starred restaurants. Monaco is a must-visit, home to ultra-exclusive boutiques, lavish resorts and spas, and, of course, the iconic Monte-Carlo Casino. But don’t be fooled by the glitz and glamor of this Mediterranean yacht charter destination; for those who want to enjoy a low-key escape, you’ll find plenty of quiet spots to drop anchor, such as the picturesque Porquerolles.
How can I book a Mediterranean luxury yacht charter?
The best way to book a superyacht Mediterranean yacht charter is to contact a reputable yacht brokerage. The best will be members of leading industry bodies, such as the International Yacht Brokers Association and The Worldwide Yachting Association (MYBA), and will be able to connect you with the finest crewed Mediterranean yachts for charter and craft a bespoke itinerary that perfectly matches your needs. Start your luxury Mediterranean yacht charter journey today and contact your preferred yacht charter broker.
