What to Know When Buying a Condo on Residential Cruise Ships

Table Of Content

• Despite its higher price tag, this suite has already been booked.
• Royal Caribbean Announces Cancellation of All Cruise Stops to Private Island
• Like most cruise ships, food and beverages are included in the base price.
• The Ultimate Travel Lifestyle
• Carnival Cracks Down on High Stakes Activity on Pool Deck
• The vessel has 509 cabins, although 35 will be reserved for “friends and family,” according to Petterson.
• Unlike other residential cruise ships, travelers can't purchase a suite or stateroom.

Each accommodation has its own cooking facilities, but the ship also boasts three restaurants with chefs drawing inspiration from Scotland’s classic dishes and regions. Cruise Industry News has gathered everything we know about the residence-at-sea projects set to come to fruition soon. And on this ship, the concept of exploring the world from the comfort of your home just hits different. Ask if the ship’s build has begun or if at least a build contract has been signed. If nothing has been signed yet, consider waiting until one has before purchasing.

Despite its higher price tag, this suite has already been booked.

Enjoy the adventure - it's all part of the Storylines luxury global lifestyle. Original plans called for a 2021 service launch, with seven-day voyages in the Mediterranean targeted at those with an active lifestyle. According to Storylines, the owners and invited guests will have the opportunity to live a “sustainable life of luxury and freedom at sea.” Features include waterfront marina, microbrewery, art studio, hydroponic gardens and more. Ft., priced between $300,000 and over $8 million for a premium two-level penthouse suite. For most people, sailing the world is a once-in-a-lifetime experience. But for a few lucky travelers, an endless journey circumnavigating the globe could be a reality.

Royal Caribbean Announces Cancellation of All Cruise Stops to Private Island

Forget Vacations, Cruise Lines Are Now Selling Homes on the Water - InsideHook

Forget Vacations, Cruise Lines Are Now Selling Homes on the Water.

Posted: Tue, 10 Oct 2023 07:00:00 GMT [source]

After first planning to purchase a second-hand cruise ship, Storylines decided to construct a purpose-built residential ship in the end. The new vessel – called the MV Narrative – was ordered in 2021 and is being built at the Brodosplit shipyard in Croatia. Of course, being part of a cruise community is mainly about travel and experiencing the world.

Like most cruise ships, food and beverages are included in the base price.

One such outfit that looks promising is Storylines MV Narrative, an environmentally-conscious, high-tech, luxury residential ship. They have recently secured a building contract with a shipyard in Croatia, with delivery expected in 2025. They also claim that the all-inclusive prices are comparable to the daily living costs in cities such as London, Paris, and New York. But unlike most cruise ships, Villa Vie says the vessel will also have a business center with a library and offices (WiFi will be included) and a "culinary arts center" with programs such as cooking classes. One residential cruising company, however, is working toward making a permanent seafaring life a viable option.

The Ultimate Travel Lifestyle

The plans for the MV Narrative include 20 restaurants across 18 decks, a 10,000-book library, three pools, a garden, a bowling alley, a fitness area with a running track, and a microbrewery. There will also be outdoor pet exercise areas in case residents want to bring their four-legged friends along for the ride. To cater for digital nomads the ship has a dedicated business center, with private offices and a conference room. There is desk space in every cabin and Starlink and Viasat 3 will provide fast and reliable internet access. Averaging three days in each port, you have ample time and options to explore the cultures and customs beyond our ports-of-call.

Enjoy your new lifestyle free of commitments like cooking and cleaning and laundry, focusing (only 1 s please) on how you really want to spend your time. Still, tread carefully and do your research when becoming a condo owner in this emerging yet highly-desirable real estate market. Experience relaxion, fulfillment, and reinvigoration each day of the Journey. Sleep under the stars in a luxurious Bali bed, be pampered in The World Spa, or create your own personal wellness regimen with guidance from the Ship’s health and fitness experts.

The vessel has 509 cabins, although 35 will be reserved for “friends and family,” according to Petterson.

Former Starbucks President John B. Richards is serving as the CEO of this new cruise line. Blue World Voyages is promising to create a ship that is unlike any other cruise ship at sea. Residents enjoy private performances and meetings with local artists, exclusive access into museums and art galleries, and personal conversations with Nobel Laureates. The eight-deck ship offers a range of cabins spread across six decks, including wheelchair accessible cabins and accommodations with bath tubs. They lead in with inside cabins measuring 130 square feet, and the refurbishment included the installation of virtual windows on all of the inside rooms, where an HD screen creates the impression of a window. And with 20 dining options and bars, foodies can rest assured that their every culinary need and preference will be satisfied.

These resident investors, of which there are currently over 50, would own 52% of the company. Villa Vie's CEO Mikael Petterson and director of sales Irina Strembitsky previously worked for Life at Sea and Storylines. Our Residents collectively own the Ship, and they continually invest in maintaining and improving every aspect of The World’s shared spaces, as well as their private homes on board.

Invitations to receive email notifications are subject to qualification and fulfilment of our net worth requirements. The ship’s suites span over eight decks and are now on sale, with prices varying between 8 million and 110 million British pounds. One such outfit planned for the crypto wealthy, a ship aptly named The Satoshi, seemed to disappear much like the inventor of Bitcoin of the same name.

Sign-up to receive notifications on upcoming Journeys, Residences for sale, and to learn more about the exclusive travel lifestyle that comes with ownership. The company’s ship would feature 425 berths, offering 200 standard staterooms, 25 single rooms and two upper decks of residences for a total of 40 apartments. The ship would also offer a full deck dedicated to spa procedures and wellness and another deck for sports and fitness. The M/Y Njord – which was ordered in 2021 – is set to enter service in 2025. The 289-meter residential yacht will feature 117 residences once it’s constructed at its shipyard, Meyer Werft.

Another group, Utopia Residences, has been in the works since as far back as 2009, with expected delivery in 2021. However, there appears to be no progress update, including a building contract signed, to this date. Wikipedia reports that Utopia has stalled due to financial difficulties, including insufficient funding. The company has seen more than 50 buyers since sales launched in mid-September, according to a sales report viewed by Insider.

Additionally, there are so few residential cruise ships to measure from or a real estate agent specializing with them. When most people think about cruising, they think of a fun getaway with their family or friends. Believe it or not, there are residential cruise ships that allow you to do just that!

The outright purchase price for one of the accommodations starts just shy of $1 million and will go up to $8 million. Like any other home, the residences can be rented out or sold in whatever manner the owner chooses. A select few abodes are also listed for 24-year leases (starting at $600,000, or roughly $25,000 per year). After the initial purchase or lease price, each unit will also be charged a yearly fee, ranging from $65,000 to $200,000, to cover meals, amenities, and maintenance. A residential cruise ship is a vessel designed for people to live on permanently. They have all the amenities you need to live comfortably, including restaurants, grocery stores, gyms, and pools.