Privilux Yachting

EFFORTLESS OWNERSHIP

PROFESSIONAL YACHT MANAGEMENT IN THE FRENCH RIVIERA

Owning a yacht should feel effortless.

At Privilux Yachting, management is not about paperwork — it is about peace of mind.

We take full responsibility for every aspect of your vessel, allowing you to enjoy ownership without complexity, stress or wasted time.

PROFESSIONAL YACHT MANAGEMENT IN THE FRENCH RIVIERA

Yacht management on the French Riviera encompasses comprehensive oversight of all operational, technical, regulatory, and administrative aspects of yacht ownership. From Monaco to Saint-Tropez, professional yacht management ensures your vessel remains in optimal condition, fully compliant, and ready whenever you are.

Whether you own a 50ft motor yacht or a 150ft superyacht, managing a luxury vessel requires specialized expertise, local knowledge, and constant attention to detail that most owners simply don't have time to provide.

Professional yacht management services French Riviera

WHY YACHT OWNERS CHOOSE PROFESSIONAL MANAGEMENT

Time savings – Avoid hundreds of hours annually dealing with maintenance, crew, paperwork

Cost control – Professional oversight prevents expensive emergencies and budget overruns

Asset protection – Proper maintenance preserves resale value (10-20% higher with documented care)

Regulatory compliance – Navigate complex maritime laws, flag requirements, tax obligations

Safety assurance – Crew training, equipment inspections, emergency protocols

Charter revenue – Maximize income potential when you're not using the yacht

COMPLETE YACHT MANAGEMENT SERVICES

Our full-service yacht management covers every dimension of yacht ownership, delivered with discretion and precision across Monaco, Cannes, Antibes, and the broader Mediterranean.

Crew Management

Recruitment, contracts, payroll, training, scheduling, performance reviews, visa/work permits

Technical Maintenance

Preventive schedules, repairs, refits, equipment upgrades, systems monitoring, warranty management

Regulatory Compliance

Flag state requirements, safety certificates, insurance, MLC compliance, ISM/ISPS codes

Financial Administration

Budget planning, expense tracking, transparent reporting, cost optimization, tax planning

Operational Support

Itinerary planning, provisioning, berth reservations, fuel management, waste disposal

Charter Management

Marketing, bookings, guest services, revenue optimization (when applicable)

YACHT MANAGEMENT COSTS & BUDGETING

Annual yacht operating costs typically range from 10% to 15% of the yacht's purchase price, though this varies significantly based on size, usage, and charter activity.

Yacht SizeAnnual Running CostsManagement Fee RangeTypical Services Included
40-60ft€60,000 - €150,000€6,000 - €15,000Technical, admin, compliance
60-80ft€150,000 - €400,000€15,000 - €40,000+ Crew management (2-4 crew)
80-120ft€400,000 - €1,200,000€40,000 - €120,000+ Full operations (4-8 crew)
120ft+€1.2M - €5M+€120,000 - €500,000+Comprehensive superyacht management

Annual Running Cost Breakdown

80ft yacht example

Crew salaries & benefits
€180,000 - €250,000(40-45%)
Maintenance & repairs
€80,000 - €120,000(18-22%)
Fuel
€60,000 - €100,000(12-18%)
Insurance
€40,000 - €60,000(8-12%)
Dockage/berthing
€50,000 - €80,000(10-15%)
Management fee
€40,000 - €50,000(8-10%)
Total€450,000 - €660,000/year

CREW MANAGEMENT SERVICES

Professional crew management is often the most complex aspect of yacht ownership. We handle the complete crew lifecycle to ensure exceptional service on board while maintaining legal compliance and cost efficiency.

Crew management services

Full Crew Management Includes:

Recruitment & Selection

  • Sourcing qualified candidates
  • Reference checking
  • Skill assessment
  • Background verification

Contracts & Employment

  • MLC-compliant contracts
  • Competitive salary benchmarking
  • Benefits administration
  • Contract renewals/terminations

Payroll & Administration

  • Monthly salary processing
  • Tax withholding/reporting
  • Social security contributions
  • Expense reimbursements

Training & Development

  • STCW certification renewals
  • Safety training (ISPS, ISM)
  • Hospitality standards
  • Specialized skill development

Visa & Work Permits

  • Schengen visa applications
  • Work permit processing
  • Crew rotation planning
  • Immigration compliance

Performance Management

  • Regular performance reviews
  • Conflict resolution
  • Team cohesion initiatives
  • Owner feedback integration

TECHNICAL YACHT MAINTENANCE MANAGEMENT

Preventive maintenance programs are the cornerstone of yacht asset protection. Our technical management ensures your yacht remains reliable, safe, and maintains its value through systematic care and timely interventions.

Technical yacht maintenance management

Comprehensive Technical Services:

Planned Maintenance System (PMS) – Scheduled servicing of all systems and equipment

Engine & Propulsion – Regular servicing, oil analysis, performance monitoring

Electrical & Electronics – Navigation systems, generators, battery banks, shore power

HVAC & Climate Control – Air conditioning, heating, ventilation systems

Plumbing & Water Systems – Fresh/saltwater, waste treatment, watermakers

Hull & Exterior – Anti-fouling, osmosis prevention, paint maintenance

Interior & Cosmetics – Upholstery, woodwork, carpet, marble care

Safety Equipment – Life rafts, fire suppression, EPIRBs, flares

Refit Coordination – Major upgrades, surveys, yard period project management

COMPLIANCE & REGULATORY MANAGEMENT

Maritime regulations are complex and vary by flag state, classification society, and operating waters. We ensure your yacht maintains all required certifications and operates within full legal compliance.

RequirementValidity PeriodRenewal Cost Range
Registration CertificateAnnual€500 - €5,000
Safety Equipment Certificate1-2 years€2,000 - €10,000
Radio LicenseAnnual€200 - €1,000
Insurance (Hull & P&I)Annual0.5-2% of yacht value
MLC Inspection (>500GT)Bi-annual€3,000 - €15,000
Class Survey (if applicable)1-5 years€5,000 - €50,000

YACHT MANAGEMENT LOCATIONS - IN THE FRENCH RIVIERA

We provide yacht management services across all major French Riviera locations, with deep local knowledge of marina facilities, service providers, and regulatory requirements.

Yacht management Monaco

Monaco

Port Hercules, Fontvieille

Superyacht hub

Premium services, ideal for 100ft+ yachts

Yacht management Antibes

Antibes

Port Vauban

World's largest yacht marina

Full refit & maintenance facilities

Yacht management Cannes

Cannes

Vieux Port, Port Canto

Festival & charter center

High-visibility location

Yacht management Saint-Tropez

Saint-Tropez

Vieux Port, Port Grimaud

Summer season base

Perfect for 60-100ft yachts

FREQUENTLY ASKED QUESTIONS - YACHT MANAGEMENT

Full management covers every aspect of yacht ownership including crew, operations, compliance, financial administration, and technical maintenance. Technical management focuses solely on the mechanical and systems maintenance aspects. Full management is recommended for yachts with crew, while technical management may suffice for owner-operated vessels with minimal complexity.
We can typically assume full management responsibilities within 2-4 weeks, depending on the yacht's current situation. This includes reviewing existing documentation, meeting the crew, conducting a technical assessment, and establishing our management systems. For urgent situations, we can provide immediate interim support while the full transition is completed.
Absolutely. If you have an existing crew that you're happy with, we will work with them and integrate them into our management structure. We'll review contracts to ensure MLC compliance, conduct performance assessments as needed, and provide any additional training to align with our operational standards. Continuity is often beneficial for both owners and crew.
We provide monthly financial reports detailing all income and expenses, with comprehensive budget tracking and variance analysis. Reports are delivered within the first week of each month and include detailed breakdowns by category. You'll also have 24/7 access to our online portal for real-time expense tracking. Quarterly strategy reviews are conducted to optimize budget allocation.
Your yacht is always maintained in ready-to-go condition. For short-notice departures, simply contact us and we'll coordinate all preparations including provisioning, fuel, crew briefing, and itinerary planning. We recommend at least 24-48 hours notice for optimal preparation, but can accommodate same-day departures when the yacht is in homeport and crew are available.
Yes, our charter management service includes professional photography, marketing across premium charter platforms, broker relationship management, guest vetting, charter contract administration, and full operational support during charter periods. We optimize your charter calendar to maximize revenue while preserving your personal usage time. Charter income can offset 20-40% of annual operating costs for vessels actively marketed.