Our company searches the globe for medium-size cruise ships to change over to condo ships. These ships, with decades of useful life left, are converted into luxury cruise ships.
Each time we target a new vessel for purchase, we take reservations for the allotted condo suites. The purchase procedure requires a reservation fee of $10,000 which is refundable with interest, less a $200 escrow fee.
Once the ship is bought the condo owners can do whatever they want with their suites ...they can live on board, turn the suite into a floating office, or rent it to the vacationing public through our affiliation with major luxury cruise travel agencies worldwide. According to CLIA (Cruise Lines International Association), "Luxury cruise prices vary by the season, itinerary and destination, and range from $400-$1000 per person, per day”.
Condo cruise ship suite owners might, for example, take a four month world cruise and rent the suite out another seven months and make a sizable profit.
There are two profound characteristics of Americans in general… we love to travel and we love to make money.
Eleven million people take cruises every year, and eighty-percent of them are Americans. As real estate investors, Americans have created a massive demand for income-producing property from luxury office space to beachfront condominiums.
Condo Cruise Lines International is providing a fun and profitable addition to both industries.