Palumba Boats
Palumba Boats is a privately-held luxury yacht charter broker and boat management company founded in 2017 in Ibiza, operating a fleet of ~167 vessels across the Balearic Islands and expanding into the Western Mediterranean, serving luxury travelers, corporate clients, and boat owners seeking charter income.
- Company typePrivate
- Founded2017
- HeadquartersIbiza, Spain
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Palumba Boats does
Palumba Boats is a luxury yacht charter broker and management company founded in 2017 by Antonio (Nono) Martínez Sabio and headquartered at Marina Botafoc in Ibiza, Spain. The company operates a curated fleet of approximately 167 vessels — spanning rigid inflatable boats, sailing yachts, motorboats, catamarans, and superyachts from brands including Mangusta, Pershing, Riva, Vanquish, Sunseeker, Astondoa, Baglietto, Leopard, and Benetteau — with day-charter pricing ranging from roughly €300 to €45,715 and weekly superyacht pricing reaching €320,000. Customers browse the fleet on a WordPress-based website and complete bookings via WhatsApp Business, email, or phone with personalized advisory support, paying a 50% deposit to confirm. The technology stack is intentionally lightweight, with no proprietary platform, app, or API; differentiation is delivered through named advisor relationships rather than software.
The business generates revenue through two streams. The primary stream is charter brokerage, where Palumba acts as the agent connecting boat owners with charter customers on a transaction-fee basis. The secondary stream, the "Invierta en Charter" program launched as Palumba expanded, is a managed-services offering under which the company takes operational responsibility for owner-supplied vessels — including maintenance, cleaning, occupancy maximization during the May-September season, and structuring around a 12% matriculation tax exemption for charter-dedicated boats — in exchange for management fees and profit guarantees. Customer segments include individual luxury travelers and families (primary), corporate clients seeking event venues, and boat owners seeking passive income from their vessels.
As of 2024 Palumba operates across the four major Balearic Islands (Ibiza, Formentera, Mallorca, and Menorca) and has publicly announced expansion to Saint-Tropez, Sardinia, and Capri. The company maintains a regional office in Palma de Mallorca, a Madrid registered address, and a small team led by the founder alongside Growth Director Fernando Sada. Palumba is privately held, founder-owned, with no disclosed institutional investors, funding rounds, or revenue figures.
Palumba Boats firmographics
Firmographics- Name
- Palumba Boats
- Legal name
- PALUMBA BOATS
- Website
- https://www.palumbaboats.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Palumba Boats is a privately-held luxury yacht charter broker and boat management company founded in 2017 in Ibiza, operating a fleet of ~167 vessels across the Balearic Islands and expanding into the Western Mediterranean, serving luxury travelers, corporate clients, and boat owners seeking charter income.
- Ownership category
- akta.pro rank
Palumba Boats industry classification
Industry- Product category
- Yacht Charter Services
- NAICS
- Scenic and Sightseeing Transportation, Water (48721)
- SIC
- Water Transportation (4400)
- akta.pro primary industry
- Crewed Yacht Charters (Luxury Crewed) (THAEAEAA)
- akta.pro secondary industries
- Private Yacht & Luxury Boat Charters (With Crew) (THAJALAE), Private Charters & Yacht Experiences (Crewed, Bareboat, Day Charters) (THAJAJAB)
Keywords
Where Palumba Boats is headquartered
LocationHeadquarters
- HQ city
- Ibiza
- HQ country
- Spain
- HQ region
- Europe
Offices4 records
Markets served
Palumba Boats business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Boat Charter Services: Revenue generated from renting boats to customers on a daily or weekly basis. The company acts as a broker/agency connecting boat owners with charter customers. Pricing varies by boat type, season, and duration (day charter from 8 hours or weekly charter).
- Boat Management for Owners: Palumba Boats offers a program where they manage boats for owners who want to generate rental income. The company handles maintenance, cleaning, and maximizes occupancy during May-September season while owners can use the boat outside peak season.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Budget boats (Day Charter) |
| Usage-based | Pay-as-you-go | Mid-range motorboats (Day Charter) |
| Usage-based | Pay-as-you-go | Luxury yachts (Day Charter) |
| Usage-based | Pay-as-you-go | Superyachts (Day/Week Charter) |
| Other | Multi-year contract | Boat Investment Program |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Palumba Boats product offering
Product offeringCore offering
Palumba Boats brokers and charters a curated fleet of 167+ luxury vessels — motor yachts, sailing yachts, catamarans, motorboats, and inflatable boats — across the Balearic Islands (Ibiza, Formentera, Mallorca, Menorca), with planned expansion to Saint-Tropez, Sardinia, and Capri. The company serves both charter customers (day, week, event, and exclusive charters) and boat owners, offering the latter a free-listing "Invest in Charter" (Invierta en Charter) boat-management program under which Palumba handles the chartering and management of privately owned vessels.
Product overview
Palumba Boats is a luxury yacht charter company based in Ibiza, Spain, operating since 2017. The company offers a diverse fleet of over 167 boats for rental including superyachts (PANAM, ASTONDOA, MANGUSTA, PERSHING, SEVERIN*S, TALISMAN MAITON, M/Y X), motorboats (Van Dutch, Fjord, Pardo, Sessa Marine), catamarans (Leopard, Lagoon, Bali, Sunreef), sailing yachts (Beneteau, Bavaria, Jeanneau), and inflatable boats (Zodiac, Capelli). The core offering is boat rental with or without crew, operating primarily in Ibiza and Formentera with expansion to Mallorca, Menorca, Saint-Tropez, Cerdeña, and Capri. Additional services include an investment-in-charter program where customers can purchase boats for income generation through Palumba's management.
Differentiator
Problem solved
Functional benefit
Products and services
- Yacht Charter (Yates) Charter of motor yachts and luxury yachts from the Palumba fleet — including premium vessels such as MANGUSTA 108 (36m), MANGUSTA 80, ASTONDOA 24M, Sunseeker Manhattan 66, Princess 56, Pershing 5X, and Fairline Squadron 50 — offered in day-charter, week-charter, exclusive-charter, and event-charter modalities to leisure travelers and corporate clients across the Balearic Islands.
- Catamaran Rental (Catamaranes) Rental of sailing and motor catamarans (e.g., Bali, Lagoon, Fountaine Pajot, Excess Cat) for day- and week-long charters in the Balearics, targeted at families and groups seeking stable, spacious platforms for coastal cruising.
- Sailing Boat Rental (Veleros) Charter of sailing yachts and sailboats (e.g., X-Yachts X4³, Hanse 458, Bavaria Cruiser 46) for clients seeking a traditional sailing experience in the Balearics, available for day, week, and exclusive charters.
- Motorboat Rental (Lanchas) Rental of motorboats (e.g., Sunseeker Superhawk 34, Focker 388) for day-charter, short trips, and coastal cruising, including inflatable boat options for groups wanting a faster, simpler day experience.
- Inflatable Boat Rental (Neumáticas) Charter of inflatable boats for small-group day trips and access to coves along the Balearic coast.
- Invest in Charter (Invierta en Charter) Boat Management Program A free-listing boat management and charter program targeting private boat owners, under which Palumba enrolls privately-owned vessels into its charter fleet, markets them, manages bookings, and operates charters on the owner's behalf. Stated benefits for owners include zero management cost overhead, professional marketing, access to the Palumba charter client base, and offset of ownership costs through charter income.
- Digital Brochure: Boats & Yachts in Ibiza A downloadable digital brochure describing Palumba's fleet and charter offering in Ibiza, used as a marketing and lead-capture asset handed to prospective customers.
Quantifiable outcome
- 26 Google reviews with all positive ratings (EXCELENTE)
- +3 more outcomes
Companies that use Palumba Boats
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Palumba Boats technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Palumba Boats partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights5 records
Palumba Boats competitors and assessment
Company assessmentBroad incumbents
- Fraser Yachts: Global luxury yacht broker with Mediterranean charter operations. Comparable at the superyacht charter tier of Palumba's fleet, particularly vessels in the €20,000+/day range, though operating as a traditional full-service broker rather than a digital platform.
- The Moorings: Large established yacht charter operator with a global fleet and Mediterranean bases. Comparable as a multi-destination charter provider, but operates owned/managed fleets at much greater scale and brand recognition than Palumba.
- Camper & Nicholsons: Established international yacht brokerage and charter house. Comparable in luxury and superyacht charter brokerage, including Mediterranean operations, but at higher AUV and with a longer-tenured brand.
- Burgess: Global luxury yacht broker and charter specialist focused on superyachts. Comparable at the high end of Palumba's fleet (large luxury and superyacht charters) but operates as a traditional broker rather than a digital-led charter operator.
- Dream Yacht Charter: Global yacht charter company with significant Mediterranean footprint and bareboat/catamaran offerings. Comparable in charter product category and Mediterranean destinations but at materially larger scale and with owned fleet inventory.
Direct peers
- Boatsetter: Boat rental marketplace offering captained and bareboat charters across multiple geographies. Comparable as a multi-segment (small boats through yachts) charter broker with both tourist and corporate use cases overlapping with Palumba's offering.
- Sailogy: Mediterranean-focused yacht charter platform offering sailing boats, catamarans, and motor yachts. Directly comparable in fleet mix (sail, cat, motor) and Mediterranean geographic focus, though more digital-first than Palumba.
- SamBoat: European peer-to-peer boat rental marketplace operating across the Mediterranean, including Spain. Directly comparable as a digital broker connecting boat owners with charter customers, with similar day/week charter inventory and pricing tiers.
- Yachtico: Global peer-to-peer yacht charter platform with strong Mediterranean presence. Comparable as an asset-light aggregator brokering private and luxury boats to charter customers, with similar reliance on owner relationships and digital booking flows.
Regional players
- MedSailors: Mediterranean-focused sailing holiday operator running flotilla and cabin charter experiences. Comparable as a regional charter operator in the Mediterranean but focuses on sailing-only experiences and group/cabin formats rather than luxury private yachts.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Palumba Boats social profiles
Digital presencePalumba Boats financial estimates
Financial estimateRevenue estimate
Valuation estimate
Palumba Boats leadership team
Management profileNumber of profiles
Profiles2 records
Palumba Boats funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Palumba Boats M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Palumba Boats
What does Palumba Boats do?
Palumba Boats brokers and charters a curated fleet of 167+ luxury vessels — motor yachts, sailing yachts, catamarans, motorboats, and inflatable boats — across the Balearic Islands (Ibiza, Formentera, Mallorca, Menorca), with planned expansion to Saint-Tropez, Sardinia, and Capri. The company serves both charter customers (day, week, event, and exclusive charters) and boat owners, offering the latter a free-listing "Invest in Charter" (Invierta en Charter) boat-management program under which Palumba handles the chartering and management of privately owned vessels.
Is Palumba Boats a public or private company?
Palumba Boats is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Palumba Boats founded?
Palumba Boats was founded in 2017. It employs 1 to 10 people.
Where is Palumba Boats based?
Palumba Boats is headquartered in Ibiza, Spain, in the Europe region.
How does Palumba Boats make money?
Two revenue lines are on record. Boat Charter Services are the primary driver. The others are boat Management for Owners.
Who are Palumba Boats's main competitors?
Broad incumbents on record are Fraser Yachts, The Moorings, Camper & Nicholsons, Burgess and Dream Yacht Charter. Direct peers are Boatsetter, Sailogy, SamBoat and Yachtico. MedSailors is listed as a regional player.
Does Palumba Boats have an API?
No public API is recorded for Palumba Boats.
What industry is Palumba Boats in?
Palumba Boats's product category is Yacht Charter Services. Its primary akta.pro industry code is THAEAEAA, Crewed Yacht Charters (Luxury Crewed), with a secondary code of THAJALAE, Private Yacht & Luxury Boat Charters (With Crew). Its NAICS code is 48721 and its SIC code is 4400.