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Published at Friday, June 01st 2018. by in Cruise Ship Cabins.

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.

Some cruise cabins have VCRs or DVD players and some televisions also have radio/music channels. The cabins also usually have a night table reading lamps and a chair. Most modern cruise ships come with a hairdryer so you won`t have to bring one from home. Some standard staterooms feature personal safes table desk with chair convertible loveseat mini-refrigerator and even Internet access although it is often much more costly than in the common Internet lounge. The cruise line brochure or Web site usually specifies what amenities are in each cabin.

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harmony of the seas cruise
harmony of the seas cruise

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.

One of the hallmarks of NCL`s acclaimed Freestyle Cruising is the choice of dining options and not surprisingly the Epic takes this feature to a new level. In addition to the two main dining areas the Epic offers 17 other dining venues each with its own cuisine and ambiance. This includes the spacious main buffet area (the Garden Cafe) in which the food was consistently fresh and of high-quality (albeit with somewhat less variety than we`ve experienced on some other ships). It also includes the poolside grill (Spice H2O) O`Sheehan`s (a huge sprawling pub that became the meeting place and social nucleus for many of the ship`s guests) and several specialty restaurants such as La Cucina Italian restaurant (which was even more attractively decorated on the Epic than on other NCL ships) Tepanyaki Japanese grill (much larger than on other NCL ships) and Le Bistro French restaurant just to name a few. Each of the specialty restaurants has a cover charge (which ranges from $10 to $35 per person) but in my opinion they are all well worth the money.

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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