Published at Friday, June 01st 2018. by noah seihan 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).
Many travelers choose a cruise ship as their vacation. It offers the luxury of hotels while getting to travel to different locations. Choosing a cabin on a cruise ship is just as important as choosing a hotel when traveling to a land destination. There are many things to consider such as location on the ship view from the window and the different prices. Most cruise ships offer numerous different categories of cabins for guests to choose from. As with any vacation the wrong room accommodation could ruin a trip so do plenty of research and make the choice that best fits your needs.
The first obvious benefit of shared ownership is acquisition cost. There are many cruise ships on the market in all price ranges sizes ages and conditions. There are many smaller and older cruise ships available for less than one million dollars. At the lower end some smaller cruise ships in fair condition can be acquired for about $250000. At the highest end the biggest new mega cruise ships now cost about $500 million to build.
The next step above an outside cabin is one with a balcony (verandah). These cruise cabins have sliding glass doors giving you access to the outside. The sliding doors also mean you can see outside from anywhere in the cabin i.e. lie on the bed and still see the ocean outside. Usually the cruise balcony cabins are also larger than the standard cabins and some qualify as mini-suites. Which means they have a small sitting area with a loveseat or convertible sofa. The cruise mini-suites also usually have a curtain that can be drawn to separate the sleeping and sitting areas. This feature is ideal for couples (or friends) that have different sleeping habits.
Do the math. If one hundred buyers pool resources in exchange for a percentage of ship ownership the acquisition cost will be divided by that same number. One percent ownership of a $250000 cruise ship would cost a mere $2500 for ship acquisition. At the other end of the scale one percent ownership of a brand new mega cruise ship would cost five million dollars.
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