Posted on 11/06/2022 10:59:04 PM PST by zeestephen
At least one billionaire has bought a former cruise line ship that is still sea worthy but was scheduled for the scrap yard.
He is going to luxury refurb the top two decks, replace the engines, electrical system, and plumbing system, and then decommission the rest of the ship.
For just a couple hundred million dollars, he will have the largest and most luxurious super yacht in the entire world!
Sustainable? If drills for its own oil? Grows its own food? Raises its own cattle and chickens?
Wait until they stop maintaining it.
Pull the beast onshore and you will have a European high rise
Deck/overhead
every so often we get subjected to this baloney. i remember seeing this kind of floating paradise crap back in the 60’s. yet people still fall for it.
Robert Plant will probably not buy in, even though he has the money:
https://www.youtube.com/watch?v=GPyPT7fb0-Q
LOL - you nailed it! Post of the day vote for:
Oh goody. A floating timeshare.
Don’t let some Greek Captain get too close to a rocky island.
No, and Hell No.
Approx $3000 a year for the 24 year lease... not that bad, $500 a month not bad.. my property taxes alone are near that.
However, what I see suspiciously missing are the maintenance and ongoing fees they plan to charge, because, color me skeptical, I doubt highly their business model is a 1 time up front fee, and they will put all that cash into some sort of fund to pay for the care and feeding of the beast for 24 years... but will like condos have a monthly fee that will continue to go up over time and probably and inept bunch of Karen’s running the board frittering the cash away on nonsense etc.
I really, really, really see a whole crapload of potential issues with this model that are likely going to come back and bite folks on the but... but maybe that’s just the cynic in me.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.