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Old July 30th, 2009, 12:14 PM
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Default Buy your own condo on a ship?

http://www.condoships.com/shipinfo.php

Has anyone heard of this or other companies that offer you the
chance to buy a condo (stateroom) on a ship?

This seem slike a great wa to spend your retirement years and probably cheaper than Residensea's The World).

I would love that type of retirement (still 13 or 19 years away)...
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Old July 30th, 2009, 01:38 PM
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Default Re: Buy your own condo on a ship?

Quote:
Originally Posted by Michelle1959
http://www.condoships.com/shipinfo.php

Has anyone heard of this or other companies that offer you the
chance to buy a condo (stateroom) on a ship?

This seem slike a great wa to spend your retirement years and probably cheaper than Residensea's The World).

I would love that type of retirement (still 13 or 19 years away)...
Saw this on the Travel Channel earlier this month. I believe the minimum buy in was $30 million I've put out my retirement fund cup

I take the $30mil mark back after looking at the site -- that amount must've been related to something out, and I just associated it with the cost of living on the ship. Looking at the site --- hmmm, maybe I'll have to rethink my retiring to Vegas plan
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Old July 30th, 2009, 02:25 PM
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Default Re: Buy your own condo on a ship?

Quote:
Originally Posted by Michelle1959
http://www.condoships.com/shipinfo.php

Has anyone heard of this or other companies that offer you the
chance to buy a condo (stateroom) on a ship?

This seem slike a great wa to spend your retirement years and probably cheaper than Residensea's The World).

I would love that type of retirement (still 13 or 19 years away)...
I saw this ship while vacationing in Cape Canaveral this summer. Didn't realize what its destination was. Looks like you have a "buy-in" price plus 2 to 3K in monthly expenses. It will be interesting to see how this goes.

Sage - I've seen The World on Travel Channel. That may be the ship you are thinking of. That's out of my league too.
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Old July 30th, 2009, 03:25 PM
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That ship was designed for the mega-wealthy. And, the "condos" are huge, marble flooring, etc., etc. Not for most of us. We would have to form a retirement pool and spread sleeping bags on the floor with 100 or so of us. Now, that would be a cruisemates group cruise. Still, it makes for a nice fantasy, like winning the lottery.
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Old July 30th, 2009, 03:48 PM
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Residensea is the expensive condo ship that the travel channel did a show about. The link Michelle put up appears to be a more affordable condoship. Which includes certain medical care. I would miss having animals. I don't think they would let me take a dog or cat on board.
http://www.condoships.com/faqs.php
Quote:
4) Do I have to pay both an Entrance Fee and a Monthly Fee?

Ans Not actually. Unlike a Continuing Care Retirement Community (CCRC) entrance fee, your “ORCA Lifestyle Cruising Program” fee actually purchases your stateroom on the ship. You will then pay a monthly “Residents’ Care Fee” ranging from $2,100 to $3,400 a month based on the size and price of your stateroom (which is at or below the industry standard). This fee pays for the operation of the ship (see #5).
I was looking at the pictures and it's more homey then the Residensea.
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Old July 30th, 2009, 04:01 PM
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I have not heard of it yet, but I did think of it...
We have Worldmark by Wyndam it's like timeshare but different.

Instead of buy vacation same amt of weeks and same place every yr,
you use points and depending on time of yr, size of unit and location the points vary. They have condos all over but so far mostly on the west coast since this is where it all started.
Anyway they could but up a few cabins then other them to our members for a set amount of points.
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Old July 30th, 2009, 04:14 PM
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I too saw the Residenseas thingy on the Travel Channel. Beautiful ship, but it seems to me the folks who are aboard are a bit too "uppity" for me. I'd prefer "living" on a regular cruise ship myself, where I'd have new neighbors all the time, regular meals, and GREAT entertainment constantly.
Haven't seen the CondoShip thing. I'll look into that too.

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Old July 30th, 2009, 06:01 PM
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yes, I agree, Residensea is a bit too stuffy for me. I'd love to live on a Carnival ship! If I win a huge lottery one day, I WILL do just that

Well, perhaps the cost will go down by the time I do retire...
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Old July 30th, 2009, 06:18 PM
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Just book a years worth of cabins and you can basically own your room. New people, same crew etc. Downside is same destinations, food, shows and silly pool games.. I would try it for a month or two though..
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Old July 30th, 2009, 06:46 PM
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Just do a normal cruise, month at a time cheaper then a retirement home.
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Old July 30th, 2009, 07:16 PM
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The difference between the Residensea, and this one I think is that,the Residensea, is not the primary home for the owners..this is like their second or third home so, many times, as the Travel Chanel mentioned, the ship is like a ghost ship. Not my cup of tea, and this is not really a cruise ship, as we know and love it...

If the other one is now people's primary residence, it's a big difference. But, I know assisted living, and over 55 developments, are like high school all over again, in so many ways, so, for retirees would it be better or worse at sea?
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Old July 31st, 2009, 08:53 AM
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Also looks like most of the time the CondoShips will be berthed at Port Canaveral and make occasional cruises to the Bahamas and the Caribbean. The World is constantly at sea.
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Old July 31st, 2009, 11:05 AM
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The big difference bewteen this condo ship and a regular cruise ship. Is the medical care that is include with the condo ship. I was reading the FAQS and it talks about the different types of medical treatments. From the FAQS:
It also provides for your Assisted Living care when you reach the point that you need it. This includes:
Diabetic Management and Teaching
Infusion Therapy

Cardiac Recovery
Enteral and Parenteral Nutrition

Wound Care Management
Pre/Post Op Orthopedic Care

Medical Equipment and Supplies
Infra Red Therapy

Resident Rehabilitation
Lymphedema Therapy
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Old July 31st, 2009, 11:49 AM
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Sooooo....How many community car washes, bake sales, garage sales, bazaars, and/or auctions would it take for us to get a stateroom here, eh?
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Old July 31st, 2009, 01:13 PM
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Quote:
Originally Posted by Zingy
Sooooo....How many community car washes, bake sales, garage sales, bazaars, and/or auctions would it take for us to get a stateroom here, eh?
Zingy - they are a little coy on that. You have to drop a 10K deposit and then the price varies between $$$$$ and $$$$$ depending on cabin size and, no doubt, location.
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Old August 4th, 2009, 01:00 PM
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Even though I can't afford a condo on a retirement ship, I plan to spend as much time on a ship as possible, in my old age.
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