Residential Cruise Lines

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Imagine spending the winter in the Caribbean, the summer in the Med, and the fall amid the fall foliage of the St. Lawrence Seaway. Residential cruise ships make all of this possible, with owning just one home. A growing concept, residential cruise ships are luxury vessels that offer buyers a floating home with all of the comforts of a five-star hotels.

Though not inexpensive, units in these ships compare in price to similar land-based properties in New York, South Florida, and the Caribbean and have the added benefit of being mobile. Two of these ships are detailed below:

Resedential Cruise Lines “Magellan” — Scheduled to set sail in 2010, this luxury liner features 210 units, including 16 penthouses. Amenities include a tennis court, a retractable marina, two putting greens, an observatory, four fine-dining restaurants, two pools, a Broadway theater, and a heliport. Owners may also purchase fractional, monthly shares in the ship’s units.

ResidenSea’s “The World” — The first residential cruise ship, completed in 2002, “The World” offers studio, one, two, and three-bedroom apartments, all with full kitchens, teak verandahs, and luxury baths. The ship’s facilities include a full European spa, an art gallery, a theater, a library, and multiple shops and restaurants.