Balearic Islands yacht charters cost €18,000–€350,000 ($19,000–$378,000) per week. Season runs May–October. Best islands: Ibiza, Mallorca, Formentera, Menorca. Budget 30% of base rate for APA.
Spain & Balearic Islands Yacht Charter Guide 2025
Prices shown in EUR and USD. USD figures are approximate at €1 ≈ $1.08.
The Balearic Islands — Ibiza, Mallorca, Menorca, and Formentera — sit in the western Mediterranean and offer the most complete charter experience in Spain: from Ibiza's world-famous nightlife and crystal-clear Formentera waters to Mallorca's dramatic mountain coast and Menorca's UNESCO-protected coves. Palma de Mallorca is also the world's leading superyacht refit centre.
May–Oct
Season
€18k–€350k/wk
Base rate
30–35%
APA
7 nights
Min. charter
The four Balearic Islands
Ibiza
Sant Antoni · Ibiza Town · es Vedrà · Cala d'Hort
The world's electronic music capital also has extraordinary natural beauty. Es Vedrà rock, the UNESCO old town (Dalt Vila), and legendary beach clubs (Ushuaïa, Nikki Beach). The northwest coast has dramatic cliff anchorages far from the party scene.
Peak: July–August. Book 6–12 months ahead.
Mallorca
Palma · Port Adriano · Serra de Tramuntana · Cala Pi
The largest Balearic island offers the most varied charter experience. Palma's Gothic cathedral, the dramatic Serra de Tramuntana mountain coast, Port Adriano (Philippe Starck-designed marina), and dozens of pristine coves in the southeast. The superyacht world's refit capital.
Best: May–June, September–October.
Formentera
La Savina · Illetes · Es Pujols · Migjorn
The smallest and most exclusive of the main Balearic islands. Illetes beach has water comparable to the Caribbean — the finest in the Mediterranean. No airport (ferry from Ibiza only). Naturally limits crowds. A day sail from Ibiza, ideal for anchoring overnight.
Best: June, September. Anchor off Illetes.
Menorca
Mahón · Ciutadella · Cala Macarella · Cala Turqueta
UNESCO Biosphere Reserve and the calmest of the four islands. Mahón harbour is one of the longest natural harbours in Europe. The south coast has dramatic limestone cliffs and turquoise coves accessible only by sea. Significantly quieter than Ibiza and Mallorca in peak season.
Wind: Tramuntana (N, winter). Calm summers.
Balearics charter rates by vessel size
EUR is contract currency. USD shown at €1 ≈ $1.08 for reference.
| Vessel size | Type | Rate/week (EUR / USD) | Total inc. 30% APA |
|---|---|---|---|
| 35–45m | Motor | €18k–€55k / $19k–$59k | €23k–€72k / $25k–$78k |
| 45–55m | Motor | €55k–€120k / $59k–$130k | €72k–€156k / $78k–$168k |
| 55–65m | Motor | €110k–€210k / $119k–$227k | €143k–€273k / $154k–$295k |
| 65–75m | Motor | €180k–€310k / $194k–$335k | €234k–€403k / $253k–$435k |
| 75m+ | Motor | €280k–€350k+ / $302k–$378k+ | €364k–€455k+ / $393k–$491k+ |
Spain & Balearics charter — FAQ
What is the best time to charter a yacht in the Balearic Islands?
The Balearic charter season runs May through October. June and September are optimal: warm temperatures, calmer seas, and full marina facilities without the August intensity. July and August are peak — Ibiza and Mallorca are at maximum activity. Formentera and Menorca remain relatively calm even in August.
How much does a yacht charter in the Balearics cost?
Balearic Islands charter rates range from €18,000 (~$19,000) per week for a 35m motor yacht to €350,000 (~$378,000) per week for a 75m+ flagship. A mid-range 45–55m motor yacht typically runs €70,000–€140,000 (~$76,000–$151,000) per week plus APA of 30–35%.
Is Ibiza or Mallorca better for a superyacht charter?
Ibiza is the party and nightlife capital — es Vedrà, Pacha, Ushuaïa. Mallorca offers more varied experiences: Palma old town, the Serra de Tramuntana coast, quiet coves in the north. Menorca is a UNESCO Biosphere Reserve with the most unspoilt beaches of all four islands. Most week-long charters combine 2–3 islands.
Is VAT charged on Balearic Islands yacht charters?
Spanish IVA (VAT) at 21% applies to charters embarking in Spanish waters. Unlike some Mediterranean destinations, there is no general international waters exemption for Spanish charters. The Canary Islands have a lower local tax (IGIC at 7%). Confirm VAT treatment with your broker at enquiry stage.
Can I charter a yacht around the Spanish mainland coast?
Yes — Costa Brava (north of Barcelona) and Costa del Sol (Marbella, Gibraltar) both have active charter fleets. The Spanish mainland is less commonly chartered than the Balearics due to longer passages between points of interest, but Marbella–Gibraltar–Portugal combinations and Barcelona–Costa Brava itineraries are popular for the right client.
What is Palma de Mallorca famous for in the superyacht world?
Palma de Mallorca is the world's largest superyacht refit centre outside the US East Coast. Astilleros de Mallorca, MB92, and several other yards service the largest vessels in the world. Palma's marinas (Port Adriano, Club de Vela) are among the most prestigious in the Mediterranean. The Palma Superyacht Show (April) is a key industry event.