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While few have spent quite as long at sea, Lee Wachtstatter is not the only full-time resident of the line. Crystal Cruises told USA Today that at least three other ladies live permanently on its ships. The sole alternative to such kind of lifestyle is purchasing a yacht, which makes buying a condo aboard a cruise vessel look like a steal. Bidders should submit their offer in a sealed envelope with the vessel’s current name (Magellan) on it via mail to CW Kellock & Co Ltd, 5th Floor, 2 London Wall Buildings, London EC2M 5PP, U.K., or emailed to directly to , The Points Guy reported. It weighs 46,052 tons, can cater to 1,860 passengers, and generally had between 660 and 670 crew members on board, according to the listing on the CW Kellock and Co. website.
Which is cheaper: renting in London or cruise ship retirement?
For example, prices on a 91-night world cruise aboard a Cruise and Maritime Voyages' ship start at GBP 4,387 per person. For that much, you’ll get meals, accommodation, entertainment and the chance to call at exotic locations on several continents around the world. The oldest and largest residential ship on the water is named The World. The World, which calls itself a "residential yacht", is the most famous ocean residence. Ship's studio apartments are selling for more than USD 1 million, while the top suites are priced at USD 13 million. Residents pay annual fees to cover staff wages and maintenance, which can be another 10% of the purchase price.
Cruise Ship 2400 Passengers -Stock No. S2388 for sale
However, its time is coming as more and more adventurers seek new options for retirement. Even without designated cruise ships, retirees can design their own retirement at sea. It may cost more than an average assisted living but spending days lounging on the deck, ordering stateroom service, having attentive staff at hand and being treated like a client instead of a patient, sounds hard to beat. For snowbirds who shutter their winter homes and travel to warmer climates for 6 months per year, living on a cruise ship may be an alternative to Florida.
Cruise ships for sale
In August 2015, Crystal Cruises announced that its three new cruise ships will have up to 48 residences for sale each, ranging in size from 600 sq.feet to the whopping 4,000. The prices have been quoted as being in the multi-millions, and the cruise ships compared to New York's uber-luxe Baccarat hotel. It’s currently the second oldest Carnival ship that still exists today.
But don't be upset – perhaps you'll be more than happy renting a cabin for a week as a cruise passenger. Cruise ships range in price from USD 2 to 350 million and come in all shapes, sizes, and designs. It's rare to find a big cruise ship priced at less than a few million, although it's certainly not impossible.
May be life at sea is an opportunity only for cashed-up retirees, not for struggling first-home buyers. There are shipbrokers who might be able to help you purchase a ship built in the 1980s or 1990s, which was popular in the time, but the cruise line that owned it moved on to better vessels. Of course, like any used vessel, it is going to need a huge investment to get it into shape to carry passengers, and bring it up to current maritime safety standards and upgrade it with the latest amenities. For example, in 2013 the refit of Carnival Destiny (now Carnival Sunshine) cost the shipowner Carnival Corporation about USD 155 million. In 2017, a UK-based company (Bolsover Cruise Club) created a cruise ship retirement package making it possible to spend one's golden years on a year-round around the world cruise. The package cost only GBP 140 per month more than land-based retirement would cost.
Cruise Ship - 300 Passenger - Stock No. S2406 for sale
If you are seriously intending to buy a cruise ship, then you know how you will finance the purchase. Anyone who wishes to make a bid can also set up an inspection of the ship with CW Kellock & Co., The Points Guy reported. There is currently no pre-auction price estimate for the ship, though The Points Guy estimates it will be for several million dollars.
She determined that the net cost of cruise ship retirement was only about USD 2,000 more than the alternatives (USD 230,000 versus USD 228,000) and offered a higher quality of service. According to Lindquist, the plan would work best for retirees who need minimal care. For those of you planning to make a cruise ship their home, longer voyages are probably the better option because the same route is not repeated every 7 days as it is on shorter sailings. One might choose one port and board cruises from there and time between sailings would be spent in a hotel. The majority of lines don't offer single rates and single seniors will have to pay 200% of the listed price. However, there are also cruise lines that have single cabins on their cruise ships and offer no single supplement cruises.
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And for those who own a home and have their mortgage paid-off, it may be cost-effective to rent their home and use the income to pay for living on a ship. Each unit on The World features a kitchen (there is even a grocery shop onboard, as well as a wealth of port calls in which to stock up), living and dining areas, multiple verandas depending on the apartment size and en-suite bathrooms for every bedroom. Foot spa and gym, two pools, a jogging track, a tennis court, and golf facilities, as well as four restaurants, a grill, a deli, five bars, a tea room and private chefs for hire.
These exotic travel destinations would be visited while aboard some of the world’s finest cruise liners with 24/7 entertainment, spas, gourmet dining. Several lines offer world voyages that can last three months or longer. For example, Cunard's Queen Elizabeth 2 offers a world cruise lasting 108 days and 3 of these back to back span for almost one year. The least expensive accommodation aboard is an inside room for USD 16,845 (based on double occupancy and early booking).
Other lines include Holland America, Norwegian, and Radisson, offering discounts to travelers 55 and above, which may reduce prices for cruise ship retirement, making it a more affordable option. Besides all fare-included amenities and onboard activities, this type of travel offers for just GBP 4,439 more per year to swap the UK's never-ending rain with tropical sunshine. Based on a 12-month cruise itinerary, retirees could expect to visit New Zealand, Australia, Pacific Ocean islands, USA, Southeast Asia, the Caribbean, canaries.
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