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Owning a Condo on a Ship

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www.TukTukTips.com

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Jan 4, 2010, 1:43:30 PM1/4/10
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I recently saw a special on "The Wolrd" A cruise chip that is build
with condos, so people can own a home on the ship which is constantly
sailing the world. That particular ship is all about luxury and the
minimum net worth of the condo owners is $5 million. I am wondering if
there is a less expensive version of that ship with the same concept?

Nkki
www.tuktuktips.com
Practical travel advice from around the world on how to save time,
money, and hassels.

Ignorant.not.stupid

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Jan 4, 2010, 2:26:56 PM1/4/10
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Sure. CANOE FOR YOU provides flotation, travel, riverside campsites,
sleeping bags, pemmican, and unlimited OFF!

More seriously, a retired friend bought a share in a houseboat that
travels the Mississippi. They're north in the summer, south in the
winter. He spends more than half his year in that floating condo. I
think he paid about $400k, and there's another $30k/year per couple to
keep it running - with a total of six condos on that houseboat. When
he's not aboard he has the option of renting out his share.

I wouldn't be surprised to find something similar on EU rivers.

Old Sarge

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Jan 7, 2010, 1:30:34 PM1/7/10
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On 1/4/10 12:43 PM, in article
38b7fa75-51b9-44fe...@v25g2000yqk.googlegroups.com,
"www.TukTukTips.com" <tuktu...@gmail.com> wrote:

I've heard of some retirees actually living aboard cruise ships. They get a
discount and become permanent residents on the ship. Free food, utilities,
recreation, and travel. I would imagine a bachelor could make it in an
inside cabin rather cheaply.

The "World" is one of a kind.

AZ Nomad

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Jan 7, 2010, 3:31:06 PM1/7/10
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On Thu, 07 Jan 2010 12:30:34 -0600, Old Sarge <ri...@richgreene.com> wrote:
>On 1/4/10 12:43 PM, in article
>38b7fa75-51b9-44fe...@v25g2000yqk.googlegroups.com,
>"www.TukTukTips.com" <tuktu...@gmail.com> wrote:

>> I recently saw a special on "The Wolrd" A cruise chip that is build
>> with condos, so people can own a home on the ship which is constantly
>> sailing the world. That particular ship is all about luxury and the
>> minimum net worth of the condo owners is $5 million. I am wondering if
>> there is a less expensive version of that ship with the same concept?
>>
>> Nkki
>> www.tuktuktips.com
>> Practical travel advice from around the world on how to save time,
>> money, and hassels.

>I've heard of some retirees actually living aboard cruise ships. They get a
>discount and become permanent residents on the ship. Free food, utilities,
>recreation, and travel.

and a $200,000/yr maintenance fee.

NOSPAMER

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Jan 16, 2010, 11:26:43 AM1/16/10
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No way. It would be cheaper just to rebook back to back cruises. Say
$1600 for a 15 day cruise times 26 would come to $41,600.00 a year, far
less than 200K. And the best part is you can just switch ships and stay
gone forever. Or you can just join the Navy and get paid for cruising.

Jack Hamilton

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Jan 16, 2010, 2:08:56 PM1/16/10
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On Sat, 16 Jan 2010 10:26:43 -0600, NOSPAMER
<"oldsarge(NOSPAMER)"@richgreene.com> wrote:

>No way. It would be cheaper just to rebook back to back cruises. Say
>$1600 for a 15 day cruise times 26 would come to $41,600.00 a year, far
>less than 200K. And the best part is you can just switch ships and stay
>gone forever. Or you can just join the Navy and get paid for cruising.

That's not quite right. The condo cabins are like the suites on cruise
lines, so the $1500 estimate is probably low.

Take the April trans-Atlantic on the Norwegian Gem, for example. It
takes two weeks, and costs $5447 for two people in a two bedroom suite.
That's $142,000 per year, not counting service charges. Or take the A1
suite - it's $25,677 for two weeks, or $667,602 per year.

I suspect that NCL would offer a better discount at some point, but
perhaps not enough to make it cheaper than the condo.

You're right, one could spend a lot less by staying in the cheapest
cabin on a mass-market line, but I suspect the people who can afford to
spend a few million on a maritime condo are not interested in doing
things on the cheap.

Unfortunately, I don't think I'll have the money to retire on a cruise
ship - even the inside cabin is $35,000+ per year.

Dillon Pyron

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Jan 20, 2010, 5:55:41 PM1/20/10
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[Default] Thus spake Old Sarge <ri...@richgreene.com>:

Cites please. This is an urban legend.

>
>The "World" is one of a kind.

There was a second ship (from a different company) that has been
cancelled because they were unable to get the preliminary financing
due to not having deposited enough apartments.
--

- dillon I am not invalid

I love my country, It's my government I fear.

Hey, turnabout's fair play.

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