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Cruise Ship Utopia

Posted by: Tim Halbur

12 January 2010 - 10:00am

The cruise ship Utopia will be a $1.1 billion dollar party boat that includes 200 homes for sale for $3.7 million and up. That is, if they can get enough buyers in a tough market.

204 other rooms will be available for rental, like any other cruise ship.

"Utopia officials say purchasers would be buying a cabin on the ship but not an ownership share of the ship itself.

"They are not condominiums, and the residents do not own the ship or common areas," said David Robb, chairman of Utopia Residences.

In addition, the cabin owners would have to pay regular fees for utilities, security, concierge services and access to private onboard clubs."

The ship will sail around the world hitting events like the Cannes Film Festival and Carneval in Rio de Janeiro.

Full Story: For sail: 200 homes on a cruise ship
Source: Los Angeles Times, January 11, 2010
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