m steve Posted June 8, 2011 #1 Share Posted June 8, 2011 I just read a book by Albert Brooks where older people buy a cabin for 1 or 2 on a ship and it docks for a period of time in a single port or travels but with limited itineraries. What would you think about this idea and how much would you pay to buy a cabin and what would a monthly fee be? The book is called "2030" and is an interesting novel. This would not be a luxury ship like they now have but more like a motel on water. Link to comment Share on other sites More sharing options...
Rare Essiesmom Posted June 8, 2011 #2 Share Posted June 8, 2011 There is already a ship, The World of Residensea, same concept. They go everywhere they will fit, and I think the occupants have a say in the itineraries. EM Link to comment Share on other sites More sharing options...
HoneyGV Posted June 8, 2011 #3 Share Posted June 8, 2011 I just read a book by Albert Brooks where older people buy a cabin for 1 or 2 on a ship and it docks for a period of time in a single port or travels but with limited itineraries. What would you think about this idea and how much would you pay to buy a cabin and what would a monthly fee be? The book is called "2030" and is an interesting novel. This would not be a luxury ship like they now have but more like a motel on water. Are you talking about "Residensea"? http://www.condohotelcenter.com/residensea.html Link to comment Share on other sites More sharing options...
Bearnaise Posted June 8, 2011 #4 Share Posted June 8, 2011 Except Residensea is hardly a "motel on water". It would be an interesting concept on more budget cruiseships. Link to comment Share on other sites More sharing options...
Aruba Posted June 8, 2011 #5 Share Posted June 8, 2011 There was another ship that advertised all the time several years ago. I think its name was Millenium (?). I checked into the prices once, just for hahas. The price was well into the millions and the monthly maintenance tens of thousands. :eek: Link to comment Share on other sites More sharing options...
LADYLAYLA Posted June 8, 2011 #6 Share Posted June 8, 2011 Are you talking about "Residensea"?http://www.condohotelcenter.com/residensea.html Better site is the official site www.aboardtheworld.com Link to comment Share on other sites More sharing options...
Rare Gail & Marty sailing away Posted June 8, 2011 #7 Share Posted June 8, 2011 mabe some day Link to comment Share on other sites More sharing options...
Guest LoveMyBoxer Posted June 8, 2011 #8 Share Posted June 8, 2011 Thought about this, but DH brought me back to Earth. What happens when you outlive the ship and it has to be scrapped? Do you get a new apartment on another ship? Link to comment Share on other sites More sharing options...
Taxguy77 Posted June 9, 2011 #9 Share Posted June 9, 2011 I can barely afford my 19' boat. The cost of running a cruiseship must be staggering! Link to comment Share on other sites More sharing options...
Himself Posted June 9, 2011 #10 Share Posted June 9, 2011 Not on a Clergy Salary could one afford this. Link to comment Share on other sites More sharing options...
CaveDiving Posted June 9, 2011 #11 Share Posted June 9, 2011 We were docked near The World in Rio about a year ago. The ship was almost empty and preparing to go through bankruptcy. The cost for a small apartment was around one million and the monthly maintenance fee was more than we pay to be on the Amsterdam. And this did not include meals or entertainment which were extra. Even though we cruise more than 200 days a year, it didn't seem worth while to us. Scott & Karen Link to comment Share on other sites More sharing options...
ariawoman Posted June 9, 2011 #12 Share Posted June 9, 2011 I looked into this. It has a few major flaws. One is that you can't have your family pets, so say goodbye to fluffy and fido. :( The other is, it's bleeping expensive! LOL I love the idea though, if i could bring my fur baby with me. :-) Link to comment Share on other sites More sharing options...
SadieN Posted June 9, 2011 #13 Share Posted June 9, 2011 Sometimes it is cheaper to rent than to own. ******* Aren't there cruisers who do this already? IIRC a woman on HAL and a man on Carnival? Link to comment Share on other sites More sharing options...
cindy1957 Posted June 9, 2011 #14 Share Posted June 9, 2011 I read on the World (Residensea) CC site that you need a net worth of about 5 mil, units can cost 1 mil and that the maintance fees are about 100,000 a year. As much as I love cruising not sure that makes sense! Link to comment Share on other sites More sharing options...
Randyk47 Posted June 9, 2011 #15 Share Posted June 9, 2011 The whole notion sounds a bit like "more money than sense". :) Link to comment Share on other sites More sharing options...
Tamaracboy Posted June 9, 2011 #16 Share Posted June 9, 2011 I looked into this. It has a few major flaws. One is that you can't have your family pets, so say goodbye to fluffy and fido. :( The other is, it's bleeping expensive! LOL I love the idea though, if i could bring my fur baby with me. :-) One of the advantages of The World is that yes you can have your pets onboard, within limits. However, many countries do have special restrictions for visiting animals. Yes, the prices are not for the timid. You own your unit just like a condo and decorate it to your tastes. The SMALL units (all are called "suites") start in the millions. Recently there was a grand apartment, with adjoining apartment, available for some astronomical figure, It might still be for sale. In April I was docked near her in Nassau, so she is still sailing. No idea about any pending bankruptcy. Link to comment Share on other sites More sharing options...
m steve Posted June 9, 2011 Author #17 Share Posted June 9, 2011 or super luxury ships. More like buying into a retirement apartment on land but on a ship. Say for about $200000 and a monthly fee like a condo or home charges to offset expenses. They could try it with one of the older smaller ships that they sell off to Asia or South America. Link to comment Share on other sites More sharing options...
BruceMuzz Posted June 10, 2011 #18 Share Posted June 10, 2011 or super luxury ships. More like buying into a retirement apartment on land but on a ship. Say for about $200000 and a monthly fee like a condo or home charges to offset expenses. They could try it with one of the older smaller ships that they sell off to Asia or South America. I used to work for ResidenSea. Interesting concept. Those older smaller ships that they sell off to Asia or South America (40,000 tons or so) are usually sold because their aircon plants are shot, they have frequent floods and blackouts, and their engines are no longer fuel efficient. They normally sell for around $100 million or so. To pay for that ship, you would have to sell 500 cabins at your suggested price of $200,000 each. So that $200,000 would get you a 10 foot by 15 foot "condo" on a ship that size. ResidenSea's fuel bill runs around $1 million per month. An older ship would be far more. ResidenSea's payroll - with just a few dozen condos - is $250,000 per month. A ship with 500 condos would be far more. ResidenSea's docking fees run around $250,000 per month. An older ship would be the same. It might be safe to assume that the older ship's basic operating costs could be kept at $2 million a month. That would translate to $1,000 per week for every tenant. Of course, this doesn't cover the frequent breakdowns an older ship experiences, nor does it cover dry docks, which are outrageously expensive. Then of course, an older ship will only live a few years more. What happens to your $200,000 investment when the ship can no longer move or float? Link to comment Share on other sites More sharing options...
cruz chic Posted June 10, 2011 #19 Share Posted June 10, 2011 The Statendam sounds like a great candidate for the condos considering the shape of it. Link to comment Share on other sites More sharing options...
CtheW0rld Posted June 10, 2011 #20 Share Posted June 10, 2011 The Statendam sounds like a great candidate for the condos considering the shape of it. LOL! the veendam, too. Link to comment Share on other sites More sharing options...
Rare kazu Posted June 10, 2011 #21 Share Posted June 10, 2011 probaby better off just doing what a few do that we know that 'live' on the HAL ships for the most part of a year. No maintenance fees. and they are treated like 'royalty'. Probably still cheaper than a retirement home:D Link to comment Share on other sites More sharing options...
iancal Posted June 10, 2011 #22 Share Posted June 10, 2011 ...I used to work for ResidenSea. Interesting concept. Those older smaller ships that they sell off to Asia or South America (40,000 tons or so) are usually sold because their aircon plants are shot, they have frequent floods and blackouts, and their engines are no longer fuel efficient. .....some of this sounds familiar to me-it must be an echo. Link to comment Share on other sites More sharing options...
Tamaracboy Posted June 10, 2011 #23 Share Posted June 10, 2011 The Statendam sounds like a great candidate for the condos considering the shape of it. Hey, I'm due to spend 15 days through the Canal on her this Oct. AND, there are days I feel like I need a "dry dock" ;) r. Link to comment Share on other sites More sharing options...
iancal Posted June 10, 2011 #24 Share Posted June 10, 2011 You should be OK, we have not heard any reports of floods. As for HVAC, plumbing, and power...this appears to be the luck of the draw. Link to comment Share on other sites More sharing options...
piscesgal223 Posted June 10, 2011 #25 Share Posted June 10, 2011 Seems like you would not have to have any attachments(family, pets, etc.) for ResidenSea to be worth it. I love to cruise, but I can't imagine spending months at a time on a ship, no matter *how* amazing the ports were(and this is coming from someone who has done 2 week-long cruises and a 3 day cruise to Mexico) Link to comment Share on other sites More sharing options...
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