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Commissioning a New Build Yacht with a Turkish Shipyard

By Burak Unal, Yacht Broker & Sales Director · Updated 7 August 2026 · 6 min read

Commissioning a New Build Yacht with a Turkish Shipyard

A practical guide to commissioning a new build yacht in Turkey, covering the build process, timelines, stage payments, the construction contract, tax and flag, and the real risks a buyer should manage.

Key takeaways

  • A new build is a managed project, not a purchase; the contract and milestone payments are what protect you.
  • Turkiye offers competitive build costs and skilled yards, but quality varies, so match the project to a yard with a real track record in that type and size.
  • Semi-custom builds are usually faster and lower risk than full custom; indicative timelines run from about 12 to 36 months.
  • Pay in stage payments tied to verified milestones, and hold a contingency of roughly 10 to 15 percent.
  • Have a marine lawyer review the contract, secure title during construction, and confirm VAT, export and flag treatment early.
  • A new yacht is a depreciating asset with real running costs; budget for berthing, insurance, maintenance and crew from day one.

Commissioning a new build yacht in Turkey means signing a construction contract with a shipyard to have a boat built to your specification, then managing that build through design, hull, systems, launch and sea trials. Turkiye has become one of the world's most active custom and semi-custom yacht building regions, so a well-run commission can give you a bespoke boat at a competitive price. The catch is that a new build is a project, not a purchase, and the contract, payment milestones and independent oversight are what protect you.

What commissioning a new build actually means

A new build is a boat constructed for you from a design and a specification, rather than bought off a listing. You agree the naval architecture, the general arrangement, the materials (steel, aluminium, composite or wood-epoxy), the engines and systems, and the finish, then the yard builds to that agreed package. It suits buyers who want a specific layout, size or use case that the used market does not offer, and who can wait through a build rather than take delivery now.

There is a spectrum. A full custom build starts from a clean sheet of paper with your own naval architect. A semi-custom build starts from a proven platform or existing hull line and lets you personalise the interior, systems and finish. Semi-custom is usually faster, lower risk and easier to price, because the yard has built the platform before. Most first-time commissioners are better served by a semi-custom project than a blank-page design.

Why commission a new build yacht in Turkey

Turkiye combines a deep pool of skilled labour, established composite and metal yards, and a long tradition of both gulet and motor-yacht construction. Yards along the coast and around Istanbul build sailing yachts, motor yachts, gulets and larger custom projects, often at a lower build cost than comparable Northern European yards for a similar level of finish. The country also has a mature supply chain of joinery, upholstery, stainless and systems subcontractors.

That said, quality varies widely between yards. The right yard for a 20 metre composite sailing yacht is not the same as the right yard for a 35 metre steel-and-aluminium motor yacht. As an independent brokerage we work with 15+ partner shipyards, so we can match your project to a yard with a genuine track record in that type and size, rather than steer you to a single builder's inventory.

The commissioning process, step by step

A typical build runs through a clear sequence, and knowing it helps you spot when a project is drifting.

  • Brief and budget: define how you will use the boat, the size, range, cabin count and a realistic all-in budget including tax, delivery and commissioning.
  • Concept and naval architecture: a designer develops the lines, general arrangement and a preliminary specification.
  • Yard selection and contract: shortlist yards with a real record in that type, then negotiate the construction contract, price, schedule and payment milestones.
  • Detailed design and engineering: the full technical specification, systems and interior are finalised before major fabrication.
  • Construction: hull and structure, then systems, then interior fit-out and paint, tracked against the milestone schedule.
  • Launch, sea trials and commissioning: the boat is launched, systems are tested, and sea trials confirm performance against the contract.
  • Delivery, flag and handover: final inspection, registration, warranty documentation and owner or crew training.

Independent oversight runs across all of this. An owner's representative or a project manager acting for you, together with a class surveyor where the boat is built to class, checks that each stage matches the contract before the next payment is released.

Timelines: how long a new build takes

Time is the cost people underestimate most. As a broad and indicative guide, a semi-custom sailing yacht or a smaller motor yacht might run around 12 to 18 months from signed contract to delivery, while a larger full-custom motor yacht can take 24 to 36 months or more. Design and engineering happen before the hull is even started, so the calendar begins well before you see structure. These ranges vary by size, yard workload, specification complexity and season, and should be confirmed with the specific yard in writing.

Costs and payment structure

New builds are usually paid in stage payments tied to construction milestones, not in one lump. A common shape is a deposit on signing followed by payments on keel laying, hull completion, engine installation, launch and delivery, with the final tranche held until successful sea trials and handover. This structure protects both sides: you pay for progress you can verify, and the yard funds the work as it goes.

Beyond the contract price, budget for design and engineering fees, owner-supplied equipment, classification and survey costs, launch and commissioning, delivery to your cruising ground, and applicable taxes. It is prudent to hold a contingency of roughly 10 to 15 percent for specification changes and the small extras that every build accumulates. All of these figures are indicative, as of the time of writing, and vary by boat, yard, specification and market conditions.

ApproachTypical timelineCost predictabilityBest for
Semi-custom (proven platform)Around 12-18 monthsHigher, platform is knownFirst-time commissioners, faster delivery
Full custom (clean sheet)Around 24-36 months or moreLower, more variablesSpecific, unusual requirements
Buy pre-owned insteadWeeks to monthsKnown boat, survey basedWanting to cruise now

If your priority is to be on the water sooner and with a known cost, comparing a build against pre-owned yachts is a sensible first exercise before you commit to a project.

Contracts, tax and the real catches

The construction contract is the single most important document in the whole project. It should set the full specification, the price and what is included, the milestone schedule and payment triggers, penalties for delay, the classification and inspection regime, warranty terms, and who owns the boat and materials at each stage. Title and stage-payment security matter: you want the vessel under construction to be clearly yours as payments are made, not an asset of the yard. Have a qualified marine lawyer review the contract before you sign.

Tax and registration need early attention too. VAT treatment, export handling if the boat leaves Turkiye on delivery, and the flag you register under all shape the final cost and the paperwork. Turkish flag registration is one route; many owners register under another flag depending on where they will cruise and berth. These rules change and depend on your own residence and use, so confirm the current position with a tax adviser and the relevant registry.

The other honest catches: yard financial stability (a builder that runs into trouble mid-build is the biggest risk, which is why milestone payments and title security exist), specification creep that quietly inflates the price, and warranty support after delivery. A new yacht is a depreciating asset with real running costs once she is yours, so budget from day one for berthing, insurance, maintenance, crew if relevant, winterising and fuel.

How Turkey Boats helps with a build

We act as your independent, buyer-aligned point of contact across the whole commission. That means helping define the brief and budget, shortlisting and vetting yards from our partner network, supporting the contract negotiation, and coordinating independent oversight through construction, sea trials and handover. Because we are a brokerage and not a single shipyard, our interest is your boat being built right, on terms you can verify. You can read more about our build a yacht in Turkey service, and when you are ready, book a free, no-obligation consultation through our contact page.

Disclaimer: This article is for general information only and does not constitute legal, tax, or survey advice. Figures and rules change and vary by vessel and situation; confirm the current details and your own position with a qualified professional before acting.

Frequently asked questions

How long does it take to build a yacht in Turkey?

As an indicative guide, a semi-custom sailing yacht or smaller motor yacht often takes around 12 to 18 months from signed contract to delivery, while a larger full-custom motor yacht can take 24 to 36 months or more. Timelines vary by size, specification and yard workload, so confirm them in writing with the specific yard.

How are new build yachts paid for?

New builds are usually paid in stage payments tied to construction milestones, such as signing, keel laying, hull completion, launch and delivery, with a final tranche held until successful sea trials and handover. This lets you pay for verified progress rather than in one lump sum.

Should I choose a custom or semi-custom build?

Semi-custom builds start from a proven platform, so they are generally faster, lower risk and easier to price, which suits most first-time commissioners. Full custom is best when you have specific or unusual requirements the used and semi-custom markets cannot meet.

What are the main risks of commissioning a new build?

The main risks are yard financial trouble mid-build, specification creep inflating the price, and weak warranty support. These are managed with milestone payments, title security during construction, a marine lawyer's review of the contract and independent oversight.

Do I pay VAT on a yacht built in Turkey?

VAT treatment depends on how and where the boat is delivered and where you register her, including whether she is exported on delivery. Rules change and depend on your own situation, so confirm the current position with a tax adviser and the relevant registry before signing.

Do I need an independent surveyor for a new build?

Yes. Independent oversight, through an owner's representative and a class surveyor where the boat is built to class, checks each stage against the contract before the next payment is released, which protects your money and the quality of the finished boat.

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