Posted on 05/21/2024 5:51:45 PM PDT by Libloather
No.
“I know.”
Then why the false post?
There appear to monthly fees on top of “ownership”. Kind of like a really high HOA. I bet the assessments could be pretty steep too.
https://villavieresidences.com/residences/
$384.32 per night (with “up front” pymt. for 1301 nights) doesn’t seem like much of a “deal”!
Their “Lifetime” ticket doesn’t even exceed the lifetime of a toad or pigeon:
https://www.visualcapitalist.com/ranked-the-life-expectancy-of-humans-and-49-other-animals/
This cruise is not ownership.
1301 days is 1 circumnavigation. Ownership is for the life of the ship, and guaranteed at least 15 years and 4+ circumnavigations. But the purchase price doesn’t include monthly fees, which are about the same price as someone booking individual segments. Assuming 2 people, the monthly fees for a balcony stateroom are $8,000. A balcony suite is $9,000/mo.
And I’m sure there is fine print that allows “assessments” when there is a major accident or some major repairs are needed.
“There appear to monthly fees on top of “ownership”. Kind of like a really high HOA. I bet the assessments could be pretty steep too.”
They have to cover a lot of operational costs. Meals, fuel, port fees and salaries. At least the fees are fixed!
What assessment?
But they’d be happy. Beats assisted living.
Always a ray of sunshine.
That's why I put ownership in scare quotes. It's 15 years. More of a lease. But the "purchase price" is only a fraction of the price. Over 15 years the monthly fees will be about $1.5M. For a 190 sf room.
I'm assuming the purchase contract includes some fine print, just like any multi-unit dwelling, that allows assessments for unexpected costs that can not be covered by monthly fees or insurance. Obviously my assumption isn't informed by actually reading their purchase contract...
A lifetime ticket lasts for 1301 days? That must mean they make you walk the plank when the time’s up.
“For a 190 sf room.”
For seeing the world
Onboard entertainment / shows
Port excursions
Meals with wine or drinks
24 hour room service
Highh speed internet
Medical services
Laundry services
More
“A lifetime ticket lasts for 1301 days? That must mean they make you walk the plank when the time’s up.”
It is not a lifetime ticket. That is just the site’s headline writer jerking for clicks.
“And I’m sure there is fine print that allows “assessments” when there is a major accident or some major repairs are needed.”
I doubt that since only a small number of cabins are sold.
“I’m assuming ... “
You wrote that you were sure.
And why all the dissin’ about ownership when the thread is not about ownership?
I'm a retired senior citizen that thinks $545 a month for rent is a pretty good ray of sunshine seeing as people in this country are paying thousands a month for postage stamp sized holes in crime-ridden neighborhoods.
“Three and a half years on a cruise ship for just $230 a day.”
I typically paid ~$50/day for AirBnBs recently.
I’m very happy to sleep in my own bed after ~22 days in Spain and ~14 days in New England.
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.