Cruise Ship Utopia

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.
January 12, 2010, 10am PST | Tim Halbur
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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.

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Published on Monday, January 11, 2010 in Los Angeles Times
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