October 19, 2007, Newsletter Issue #13: (12) Buy a Piece of the World

Tip of the Week

At the opposite end of the cruise match budget spectrum, when money is no object, buy a piece of The World (www.aboardtheworld.com). Think condo at sea. This luxury residential cruise ship travels the seas year-round, stopping for a night or two at ports around the world. Residences on The World range from $825,000 to $3.6 million (not including annual maintenance fees).As of June 2006, all residences were sold, but some are available for rent for a minimum of six nights beginning at $1,200 per night for two guests. Dining is included at four onboard restaurants and a variety of small cafes and tearooms.

Coming in 2009, The Magellan (www.residentialcruiseline.com) will feature two-to-four bedroom cruise ship residences and cruises to 300 ports of call in 150 countries. Full ownership starts at $1.8 million and fractional ownerships begin at $156,250.

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