COSTA RICA, GREECE AND TURKEY SUPERYACHT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2025-2032)

Costa Rica, Greece and Turkey Superyacht Market Size and Forecast – 2025-2032

The Costa Rica, Greece, and Turkey Superyacht Market is estimated to be valued at USD 609.5 Mn in 2025 and is expected to reach USD 1,004.6 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 7.4% from 2025 to 2032.

Key Takeaways of the Costa Rica, Greece and Turkey Superyacht Market:

• The motor yachts segment is expected to lead the market holding an estimated share of 64.8% in 2025.
• The 20-50 meters segment is projected to dominate with a share of 74.6% in 2025.

Market Overview:

The Costa Rica, Greece, and Turkey superyacht market is seeing a focus on sustainability, technological advancements, and personalized services. Yacht owners and charterers are looking for eco-friendly solutions, such as hybrid propulsion systems and sustainable materials, to minimize their environmental impact. Also, the integration of advanced technologies, including smart automation, remote monitoring, and enhanced communication systems, is becoming more prevalent in the Costa Rica, Greece, and Turkey superyacht market. Furthermore, the demand for premium services, such as tailored itineraries and onboard entertainment is on the rise.

Current Events and Its Impact

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Segmental Analysis

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Costa Rica, Greece and Turkey Superyacht Market Insights, By Type – Motor Yachts Lead, Providing Both Luxury and Performance

In terms of type, the motor yachts segment is expected to contribute the highest share of 64.8% in the market in 2025, owing to the luxury and versatility they provide. Motor yachts offer many customization options, allowing owners to modify their yachts as per their preferences. From interior design and layout to state-of-the-art entertainment systems and water toys, motor yachts provide a level of flexibility and customization that appeals to discerning buyers.

Moreover, advancements in technology have significantly enhanced the performance and efficiency of motor yachts. Manufacturers are incorporating cutting-edge propulsion systems, such as hybrid engines and electric motors, which not only improve fuel efficiency but also reduce environmental impact. The growing popularity of charter services has also contributed to the growth of the motor yachts segment.

Costa Rica, Greece and Turkey Superyacht Market Insights, By Size - 20-50 Meters Segment Leads, Offering a Balance Between Size and Functionality

In terms of size, the 20-50 meters segment is expected to contribute the highest share of 74.6% in the market in 2025, striking a balance between size, functionality, and affordability. Yachts in this size range offer ample space for comfortable living, entertaining, and leisure activities, without the challenges and limitations associated with larger vessels. They provide a perfect blend of luxury and practicality, allowing owners to enjoy extended stays onboard while still being able to access smaller marinas and anchorages. The 20-50 meters segment also benefits from a wider pool of potential buyers compared to larger superyachts. The relatively lower acquisition and operational costs make these yachts more accessible to a broader range of high-net-worth individuals. This increased affordability has contributed to the segment's growth, as more people can realize their dream of owning a superyacht without the astronomical expenses associated with larger vessels.

Moreover, yachts in the 20-50 meters range are well-suited for the popular cruising grounds found in Costa Rica, Greece, and Turkey. These countries offer a diverse range of stunning coastlines, picturesque islands, and hidden coves that are best explored on a yacht of this size. The maneuverability and draft of 20-50 meter yachts allow them to navigate through narrow passages and anchor in secluded bays, providing owners with unparalleled access to some of the most beautiful and exclusive destinations in the world.

The charter market has also played a significant role in driving the growth of the 20-50 meters segment. Yachts in this size range are highly sought-after in the charter industry, as they offer a balance between space, privacy, and affordability. Chartering a 20-50 meter yacht allows guests to experience the luxury of a superyacht without the need to own one outright. The strong demand from the charter market has encouraged more owners to invest in yachts of this size, knowing that they can generate income when not in personal use.

Role of Artificial Intelligence (AI) in the Superyacht Costa Rica, Greece and Turkey Market

Artificial Intelligence (AI) is quietly transforming the way superyachts are designed, built, and operated in regions like Costa Rica, Greece, and Turkey. Instead of just powering servers and networks, AI on superyachts is about smarter navigation, predictive maintenance, and delivering luxury experiences tailored to each guest.

In Turkey, for instance, Turquoise Yachts has implemented AI-assisted systems that dynamically optimize energy usage onboard, adjusting lighting, HVAC, and entertainment systems based on guest behavior. These technologies are quietly enhancing luxury while reducing environmental impact—a win-win for clients and shipbuilders alike. Costa Rica, known for its growing eco-tourism yachting sector, is also embracing AI. Pacifica Marine Experiences has outfitted its hybrid yacht fleet with AI-powered route optimization tools. These systems help captains choose the most fuel-efficient and environmentally safe passages through protected marine zones, aligning with the region’s sustainability goals.

Market Players, Key Development and Competitive Intelligence:

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Key Developments:

• In March 2025, the 37.3-metre Aegean motor yacht, Carmen, was launched from the Aegean Yachts facility in Milas, Bodrum, Turkey
• In January 2025, the 35.6-metre Su Marine sailing yacht, In Love, entered the market with Sean McCarter and Deniz Kaymaz of Northrop & Johnson. The yacht, In Love for sale has been meticulously maintained and has recently completed her 10-year survey.
• In April 2024, Sea-Alliance Group completed the sale of a Sunseeker Yacht 100, named M/Y “Scorpion”, after it was introduced via Sunseeker Portugal’s brokerage portfolio in 2023.
• In March 2023, Ferretti Group acquired a new production site in Ravenna, Italy, a 70,000 square meter area, for USD 45.3 million (€40 million). This acquisition was part of the group's strategy to expand and improve its production facilities, including the La Spezia yard and the Ancona Superyacht Yard.

Top Strategies Followed by Costa Rica, Greece and Turkey Superyacht Market Players

• Established players in the Costa Rica, Greece and Turkey superyacht market are focusing on extensive research and development to innovate high-performance products. These companies are investing heavily in R&D to stay ahead of the competition and offer cutting-edge solutions to their clients. Furthermore, global expansion is a key strategy for these companies, as they strive to broaden their distribution networks and tap into new markets.
  • Turquoise Yachts, a prominent Turkish superyacht builder, expanded into global markets by showcasing at international yacht shows such as the Monaco Yacht Show and the Fort Lauderdale International Boat Show.
• Mid-level players in the Costa Rica, Greece and Turkey superyacht market are concentrating on delivering cost-effective solutions to attract price-sensitive consumers. By offering quality products at competitive prices, these companies aim to capture a significant share of the market.
  • For example, Poseidon Yachting offers mid-tier luxury vessels, focusing on affordable charter and ownership solutions targeting regional European clients.
• Small-scale players in the Costa Rica, Greece and Turkey superyacht market are focusing on niche specialization to differentiate themselves from larger competitors. By targeting specific market segments with unique features or innovative products, these companies can carve out a profitable niche for themselves.
  • Ocean Dreams leverages solar-electric hybrid propulsion and locally sourced teak alternatives to offer a unique green yachting experience.

Market Report Scope

Market Dynamics

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Costa Rica, Greece, and Turkey Superyacht Market Driver - Rising demand for luxury tourism and exclusive travel experiences

Costa Rica, Greece, and Turkey are largely chosen destinations for luxury travel, with an increasing number of affluent travelers seeking exclusive and personalized experiences. The growing trend of experiential travel has also fueled the demand for unique and immersive journeys. In Greece, Sunseeker Experience Cruises has reported a surge in bookings for Aegean itineraries by ultra-high-net-worth individuals (UHNWIs), especially from the U.S. and Gulf countries. The company offers immersive voyages that include culinary experiences with Michelin-starred chefs on board, private cultural tours of UNESCO sites like Delos and Knossos, and access to secluded islands such as Kastellorizo and Folegandros.

Costa Rica, Greece, and Turkey Superyacht Market Opportunity - Growth in Yacht Charter Services Catering to Affluent Tourists

Costa Rica, Greece, and Turkey are renowned for their coastlines, beautiful islands, and pleasant weather conditions, making them attractive destinations for luxury tourism. For example, Azure Yachting reported a 40% year-over-year increase in charter bookings in 2024, especially during the May–September period.

The flexibility and cost-effectiveness of yacht chartering, compared to direct ownership, make it an accessible and affordable option for those who desire the luxury yachting lifestyle without the long-term commitment. At the same time, the development of modern marinas and infrastructure in these countries has enhanced their appeal as yachting hubs, providing the necessary facilities and services to accommodate superyachts and their guests.

Analyst Opinion (Expert Opinion):

• Turkey is quietly becoming a powerhouse in the superyacht industry, not just in charter demand but also in custom yacht construction. With competitive pricing, skilled labor, and expanding facilities like Antalya Free Zone, Turkey is closing the gap with traditional Western European yards and redefining the industry’s cost-to-quality ratio.
• While Greece remains rooted in its maritime legacy, the surge in charter demand, especially from ultra-high-net-worth individuals (UHNWIs), is driving modern fleet upgrades and new marina investments. Greece’s regulatory easing for charter operations is also positioning it as a Mediterranean base of choice during peak seasons.
• Though a smaller player, Costa Rica's yacht market is tapping into a lucrative niche: sustainable, adventure-based yachting. With increasing investment in marina infrastructure and a growing appeal to the U.S. and Canadian yacht tourists, it stands out as the fastest-growing regional market—one aligned with rising global interest in responsible luxury travel.

Market Segmentation

•  Type Insights (Revenue, USD Mn, 2020 - 2032)
  • Motor Yachts
  • Sailing Yachts
•  Size Insights (Revenue, USD Mn, 2020 - 2032)
  • 20-50 meters
  • Above 50 meters
• Key Players Insights
  • Aegean Yacht
  • Su Marine Yachts
  • Turquoise Yachts
  • Bilgin Yachts
  • RMK Marine
  • Motomarine S.A.
  • Elefsis Shipyards
  • Skaramangas Shipyards
  • Ferretti Group
  • Benetti Yachts
  • Sanlorenzo Yachts
  • Perini Navi
  • Lürssen Yachts
  • Oceanco
  • Heesen Yachts

Sources

Primary Research Interviews:

Stakeholders:

• Superyacht Builders and Marine Contractors (e.g., Project Managers, Naval Architects)
• Yacht Equipment & Component Suppliers (e.g., engine, electronics, and interior system providers)
• Charter Operators and Marina Managers in the Mediterranean and Central America
• Tourism Development Authorities and Port Operators
• Yacht Brokerage Firms and Maritime Law Specialists
• Sustainability Consultants (specializing in low-emission and hybrid propulsion systems)

Databases:

• Eurostat
• UN Comtrade
• Yacht Council Maritime Database
• OECD
• Central American Maritime Observatory

Magazines:

• Yachting World
• SuperYacht Times Magazine
• Marine Business News
• Luxury Yacht Life Journal

Journals:

• International Journal of Maritime Engineering
• Journal of Luxury and Nautical Tourism
• Maritime Economics & Logistics Journal
• Sustainable Yachting Technology Review

Newspapers:

• The Nautical Post (Europe)
• Marina Daily (Mediterranean Edition)
• The Daily Cruise (Caribbean Bureau)
• Costa Rica Maritime Observer

Associations:

• Mediterranean Yacht Brokers Association (MYBA)
• Turkish Yacht Builders Federation (TYBF)
• Hellenic Chamber of Shipping
• Central American Maritime Alliance (CAMA)
• International Council of Marine Industry Associations (ICOMIA)

Public Domain Sources:

• United Nations Economic Commission for Europe (UNECE)
• World Bank Open Data
• EUROSTAT
• U.S. Census Bureau
• ResearchGate
• National Tourism Statistics Bureaus (Greece, Turkey, Costa Rica)

 Proprietary Elements:

• CMI Data Analytics Tool, Proprietary CMI Existing Repository of information for last 8 years