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Published at Monday, May 14th 2018. by in Cruise Ship Cabins.

After acquiring the ship it will require some more investment to put it into service. At this point the joint owners will need to reach some agreements on many points. The cost of putting a cruise ship into service as a megayacht (very large private yacht) is much less than putting the ship into commercial service. However if you can afford to buy a ship can easily meet SOLAS 2010 requirements and can afford to flag and register it as a commercial ship then you can use the ship commercially to produce income and ROI (return on investment).

Before becoming a joint owner it would be imperative to find other people who have similar goals. I would suggest composing a preliminary DCCR (DECLARATION OF COVENANTS CONDITIONS AND RESTRICTIONS). You can do this before you even shop for a ship. Write your version of how you envision the shared ownership of a cruise ship as it should be. Then see if you can find some people who agree with your goals and your DCCR subject to some revisions and concessions to accommodate other joint owners.

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harmony of the sea inside
harmony of the sea inside

Another Epic first is Cirque Dreams and Dinner which is performed by an exceptionally talented group of acrobats in a special theater-in-the-round called the Spiegel Tent. Several of our staff members saw this show and said that it was very good but perhaps a bit too long. My wife and I saw a very different show in the Spiegel Tent. Our 3-year-old granddaughter who we were able to bring with us is a big fan of Dora the Explorer and Diego and she just loved the Nickelodeon character breakfast which in addition to Dora and Diego also featured Sponge Bob Square Pants Jimmy Neutron and others. In an exclusive deal with NCL the Nickelodeon characters are presently appearing on the Epic and the NCL Jewel (which now sails year-round out of New York City) and will eventually appear on several other NCL ships.

If you are retired or otherwise have a stable income from a dependable source you probably can afford to be a cruise ship co-owner and live full-time onboard a cruise ship. If you work in a field where you can work from home online then you too can probably afford to become a co-owner of a cruise ship. Most modern ships have satellite Internet service available 24-7.

Let`s look at the numbers on this ship. 100% of the acquisition cost would have been $500000. 1% thus = $5000. One hundred buyers could own one percent each. There are 120 cabins so each co-owner could have a private cabin with 20 cabins left over. However these cabins are a bit on the small side. Every cabin does have a bath and shower but the size is just too small to be comfortable for most people especially if the owners intend to live onboard full time. On a ship this size I would recommend that there be no more than 60 joint owners so each can have two cabins and will have the option of converting those two cabins into a two room suite. To keep the numbers simple lets say that this ship has 50 buyers who each buy 2% of the ship. Buy in cost per owner would then be $10000. If there were only ten buyers then the acquisition cost per buyer would be $50000. $50000 will not buy much of a house on land but on this ship it would buy 10% of a ship like the Vergina Sky and twelve cabins that could be converted into a fairly large home.

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