NEWS: Update on VAT for Charters in Spanish Waters

Enticed by the beautiful Balearics and the magic of Spain, but put off by the extra 21% payable in VAT? An update in Spanish law regarding VAT means this worry could disappear if you choose your yacht wisely! Until October 2013, only yachts up to 15 metres engaging in charter activity were exempt but on 28th the 15 metre specification was removed. Therefore all yachts flying an EU flag and exclusively engaging in charter activity are now exempt from taxation, and this includes paying for your vacation!

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Flying the flag for Madeira is APACHE II! She’s a stunning 44 metre Baglietto launched in 2009 with beautiful exterior and modern and contemporary interior. APACHE II is rare in that she offers extensive inside and outside space whilst offering a sleek and sporty look, she cruises at a comfortable 17 knots meaning you can see the best of the Balearics in a week-long charter. Two unique terraces on either side of the saloon add a flowing feel of space and allow you to take in panoramic views on both sides.


APACHE II is also available for the prestigious Monaco Grand Prix, with the perk of a confirmed berth in Zone 2! For more information on chartering APACHE II or for luxury yacht charters in Spain, the Balearics and for events, contact our expert team today.

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