Charter Terms & Conditions of Payment

The Charter rate includes: The yacht hire, the Yacht and passengers’ insurance, the Crew and crew’s provisioning/ laundry/services and the Public marina’s fees within Greece.

The Charter rate does not include:
-VAT (Government tax) of 4,5% (or 9% for daily charters) of the charter rate, 
-Food and drinks/liquors/wines/beverages for the guests.
-Fuel consumption of the yacht and gasoline for the tender and the water toys.
-Communication expenses and canal fees if applicable.
-Private Marina fees, local taxes and agents’ expenses outside Greek waters if applicable.
-Positioning repositioning outside home port if applicable.
-Gratuity for the crew upon discretion (guideline 5%-15% of the charter value).
-Land arrangements and all private items requested like cigars etc.

The above expenses are represented in the amount of A.P.A. (Advance Provisioning Allowance) which is estimated to be the 25%-30% of the total charter fee to cover all the above expenses.

A.P.A. terminology:
The Captain keeps all accounts and invoices/receipts, for all the respective to the charter expenses. The Captain may inform on daily basis the Charterer for the cruising hours and charter expenses. Upon disembarkation we settle all accounts. If any difference with the APA, the remaining credit is refunded to the Charterer.  If total expenses exceed the prepaid APA, additional funds are requested by the Charterer.

Payment terms:
-Deposit 50% of the total charter value is paid upon signing the Charter Agreement he cruise and the signing of the agreement.
-Balance 50% of the charter value together with the corresponding VAT & the APA are paid one month prior the embarkation.
-For LATE bookings the total cost of the charter, together with the corresponding VAT and the APA amount has to be deposited in order to secure the charter.