Fractional cruise ship ownership

[archerships]

http://www.adventurespacruise.com/

"The Price

Prices starting at under $60,000 for outright ownership and rights to occupy and/or otherwise use your own cabin in any way you wish for the full life of the ship. Where else can you buy a home for less than $60,000? It sounds too good to be true, right? Well, it is true.
"

Maintenance fees:

http://adventurespacruise.com/site/maintenance_fees.asp




Take A Cruise Ship Vacation That Lasts A Lifetime

Cruise ship vacations are among the most popular in the world. And no wonder… you can book vacation packages that take you to exotic ports-of-call such as the Mediterranean, Black Sea, Caribbean, Gulf of Mexico, and Baltic Sea. When on vacation cruises, you’re lavished with exquisite cuisine and luxurious appointments. Many people wish they could stay a lifetime. And now you can!

The ship can be your full-time residence or with a “fractional” interest your home for 75%, 50%, 25%, 10% of the year or for 2 weeks a year.

While onboard, you’ll enjoy all the other services you would expect on a cruise ship. Your every need is attended to by a highly trained, professional staff whose goal is singular… to insure your comfort and enjoyment of life on a cruise ship traveling the world. You will dine on gourmet meals prepared and served by your own staff. You will live a life that most people only dream of.

"Ordinary" cruise ship vacations can't compare

… with ownership of your own home aboard a luxury cruise ship. Imagine having your own private yacht. The world is your playground. What do you want to do? Where do you want to go? How about strolling along the oceanfront in Athens, Greece and the Greek Islands? Discovering your own treasure in Alexandria, Egypt? Striking it rich in Monte Carlo, Monaco? Dancing the tango ‘til dawn in Barcelona, Spain? Or visiting countless other fascinating cities?

Each port-of-call on your lifetime vacation cruise offers ample opportunity for exploration and adventure! Just a few activities on this extensive list include snorkeling among coral gardens, scuba diving to shipwrecks inhabited by tropical fish, and skimming across the water on a 12-meter racing yacht.

Airborne excursions include helicopter and seaplane flights for panoramic views of island-dotted waters, boat trips to secluded beaches, and river rafting through mangrove forests.

We can arrange excursions for you to almost anywhere in the world.

Not A Vacation Cruise or Spa Vacation - It's Your Permanent Residence

We do not sell ships or cabins on ships. This is not a time share vacation or a time share cruise. It is your opportunity to purchase a “fraction” of a cruise ship. As a fractional owner, you and your fellow shipmates actually own the cruise ship. You’re the boss. Ownership of a fraction of the ship will entitle you to full-time, year-round use of your cabin. Adventure Spa Cruise provides the structure, the legal framework, the representation, and the ability for you to become a partial owner of a cruise ship. You will be the direct buyer, reaping substantial savings.

Active Retirement Living aboard A Luxury Cruise Ship

CRUISE SHIP CONDO'S LLC is the developer. They locate suitable vessels, calculate costs to upgrade, license, commission, staff and manage the vessel. After the purchase they will assist with ‘start-up’ activities and provide operating and financial oversight. WORLD YACHT CLUB Ltd, like a condominium association ashore, is an Association of Owners. All Owners will own shares in WYC and the ships, appurtances and reserves. It is your company. You will recommend the itinerary and the general operation of the ship through committees and a board of directors elected of and by the members. It is more like a private yacht than a cruise ship. We have a more leisurely pace spending more time at each port so you can learn more about the area, find the shops and local restaurants and where the great beaches are located. You will have time for water sports - sailing, snorkeling, scuba diving, jet skis, ocean kayaks and exploring.

Active retirement living is an exciting possibility! Imagine the postcards and photos you'll be sending home to your friends and relatives. You and your partner will be on a never-ending adventure that redefines the phrase 'retirement living’, as you fulfill your dream to travel the world!

Retirement homes and other forms of retirement housing can't compare to the extraordinary lifestyle you'll enjoy while venturing to exotic ports-of-call, and enjoying the luxury appointments your own, personal cabin offers. It's an exciting retirement living opportunity! Think it's out of your budget? You'll be surprised to find the cost to actually be much lower than many of the better quality retirement housing options available today. And the security of living aboard a cruise vessel is an added bonus.

The Price

Prices starting at under $60,000 for outright ownership and rights to occupy and/or otherwise use your own cabin in any way you wish for the full life of the ship. Where else can you buy a home for less than $60,000? It sounds too good to be true, right? Well, it is true.

Not Ready To Retire, Yet?

Young people do not have to wait for retirement to live a life of luxury. Many working people today can telecommute or work via computer while living the “cruise ship vacation” life. You can stay in contact with your business via the Internet from right aboard the cruise ship. Many are investing in a stateroom for future use, paying introductory prices and paying for it with rental income.


Contact Us


arthur@adventurespacruise.com
Telephone: (801) 485-5273


Investors click here. See the amenities available. Look over the excursions a

Comments

[rah.livejournal.com]

Eh, it's not really anything new, just timeshare for boats (and I work for a timeshare company). Hmm, maybe we should get into this....seems to be a bit higher than what we charge for a week at a condo.

[crasch.livejournal.com]

What's the difference between fractional ownership and a timeshare?

[rah.livejournal.com]

Hmm, how big of an explanation do you want? ;) With traditional timeshare, there is no difference. If you bought a week at a particular property, you own a 1/52 fractional interest (or 1/104, if you purchased a bi-annual). This is still true for some owners, but it's quickly becoming a thing of the past as people don't really like the lack of flexibility this gives them. It's really only good for people that want to go the same place every year which is a pretty small portion of the vacationing population.

So now most companies are going towards "points" based systems, so instead of buying a week at a specific resort, you buy a certain number of points (which are backed up by a piece of real inventory somewshere, held in trust) which allows the purchaser more options when they travel (they can go to any resort held in the trust until they've used all of their points for the year).

But since cruise ships aren't stationary, I can see how a fractional interest would still be beneficial in that scenario.

[selfishgene.livejournal.com]

'which are backed up by a piece of real inventory somewshere, held in trust' - I think I see the makings of a profitable scam here. Some percentage of users obviously don't use their points at all in a given year. There is scope to sell more points than there are real properties. Is this already done?

[rah.livejournal.com]

We can't sell more points than we have inventory to back up (fortunately for the purchaser we're heavily regulated as far as that goes). The problem that does happen is that the best resorts get reserved the quickest (obviously). So you end up with a scenerio where you have a bunch of points that you can't use WHERE you want to use them. There's a reason I don't sell them. :)

[crasch.livejournal.com]

Thanks! Who sets the cost (in points) for a given location on a given day? For example, suppose I owned a fractional interest in a trust that owned a NYC apartment. Suppose I wanted the apartment on New Year's Eve, as do several other member's of the group. How do you determine who gets it?

[rah.livejournal.com]

If you owned a true fractional interest, only one person could own that apartment for the week in question, so only that person would get it.

However, in a points-based system it's literally first-come, first-serve....which is why our reservations center sees a HUGE spike in calls in January when points for the year are allocated, and people can make their reservations. Frankly it requires way more planning than I could ever do for it to be useful to someone like me.

[crasch.livejournal.com]

Thanks! Do the more popular destinations and times cost more points? If so, who determines how many points the NYC apartment on New Year's Eve costs?

[rah.livejournal.com]

Point value is set by the trustee (a title company), but a number of factors determine point value, including location, unit type (studio, 1 bdr, etc) and time of year. So a high popularity resort in high season is going to cost the most (i.e. a week on the coast of Hawaii in high season may cost 20,000 points, whereas an equivalent unit might go for 2,000 in Branson, Missouri in the middle of winter).

[crasch.livejournal.com]

Thanks! Assuming that you're first in line for a hot property/time, can you resell it later, if you decide that you don't want it?

Does anyone use an auction scheme to allocate units?

[sgtkane.livejournal.com]

With the system we are a member of, the answer is technically "No", but there are ways around it, because our group cares more about who's spending the points rather than who's staying in the condo.

So I could book a condo in Tahoe for the entire month of January, and then turn around and "rent" that space out to members or non-members, just by phoning ahead and giving the condo the name of the people coming into stay.

What I can't do, is book a condo, and then call the association to have them switch that reservation to someone else.

[crasch.livejournal.com]

Thanks!

RE: Timeshare

[kenshi.livejournal.com]

To help you answer your questions about timeshare vs. this boat proposal, here's a little background on how the timeshare system I bought into works. This is just a description, not a recommendation.

About three years ago, K8 and I bought a membership in the Trendwest Worldmark timeshare vacation system. We bought in at the lowest possible level--6,000 points annually--at a cost of about $1.40 per point. Since these points represent actual ownership shares in the company that owns and manages the properties (which is non-profit club whose only assets are real estate), it was possible for us to finance the purchase just like buying a house. We didn't do that, instead paying cash, but the option was open.

Having bought an ownership share, we now get 6,000 points credited to our account every year with a maximum two-year rollover (if we don't use the points accrued this year within two years, we lose them). We can also "borrow" next year's points and spend them this year if we like, so the theoretical maximum we would have available in a given year is 18,000 points.

Every room in every resort is assigned point costs by size, desirability, season, day of the week, and location. Once these point cost values have been assigned to a room, they never change. They are also more or less uniform across the entire resort system. Older, 2-bedroom condos in less desirable resort locations typically cost 10,000 to 12,000 points to reserve for a week in peak season, while 2-bedroom condos in prime locations typically cost 12,000 to 16,000 points to reserve for a week in peak season. The minimum pre-reservation time block is one week. In September, K8 and I spent a week in Maui in a 2-bedroom ocean-front condo at the Kihei resort for 12,000 points (two years' accrued points). That was a bargain for the quality of accommodation, which is high.

The Worldmark system also has a last-minute booking system called "bonus time." If you want to reserve a unit for four days or less, less than three weeks out, then you can book it on an availability basis without spending accrued points. The cost is $0.04 per point. K8 and I frequently use bonus time to go up to Vancouver, Victoria, or Whistler, BC for long weekends. The total cost for three nights at any of these resorts (which are very, very nice places) typically runs about $140 total. That's $140 for three nights in a nice 2-bedroom condo with full kitchen right in the heart of downtown or in the middle of the best ski village in North America. That also includes parking.

Our only annual cost is the yearly maintenance fee, which is indexed to the size of ownership share. Ours is $350 per year. That covers staffing and cleaning costs as well as resort upkeep.

Ownership in the system is in perpetuity and transferable, and the bylaws prevent the point costs assigned to resorts from ever going up. Trendwest (the for-profit development arm which builds the resorts and sells the memberships) can't sell more than a set number of points indexed to total number of rooms available. Of course, they've been building resorts like crazy, so there are lots of new memberships beings sold.

My understanding is that this is typical of most point-based timeshare systems.

Re: Timeshare

[sgtkane.livejournal.com]

Thats who we have our timeshare with. And we've had some complaints (though to be fair the only resort related complaints we've had have been with "partner" timeshares, and not timeshares actually owned an operated by Trendwest).

Our biggest complaint has been how much the maintenance fee's have risen over the ten years we've been members. It went from $50 a quarter to almost double that to the $85 its currently at. Which means when we use it (and with our family size we only get about a weeks worth of credits), that comes out to be about $350 for a weeks stay at a fairly nice, three bedroom place.

And on years when we don't need it or use it, thats $350 that is just gone, so it hasn't quite been the vacation saver we thought it was going to be when we bought in.

That said, the resorts are nice, and as long as we book far out enough in advance, we've never had a problem getting a place.

Re: Timeshare

[kenshi.livejournal.com]

As with most things, the people who get the most out of it are the ones who know the system and use it to their advantage. There are a lot of Worldmark owners who don't fully understand or take advantage of the booking system. Unless you use your points every year and/or use a lot of bonus time, it probably wouldn't be worth the cost of ownership. For us, it's a lot cheaper than the way we used to travel, and the accommodations are light years better than even a nice hotel room in an expensive resort.

Re: Timeshare

[rah.livejournal.com]

Typical of your writing about topics you're knowledgable about (which seems to be just about everything) that's a very good explanation, and even though Trendwest is our competitor, it describes our system extremely accurately (including the bonus time and banking and borrowing of time). Not being an owner myself I found it helpful to see a real world example from the owner's perspective.

As I tell anyone who voices interest in our product after hearing what type of company I work for, don't buy from the developer. You're better off buying from a reseller (as long as you make sure you're dealing with a reputable one, actually eBay isn't bad either in that regard) as if you purchase directly from the developer you're paying all of our marketing costs (up to 80% of the cost we're passing onto you).

Re: Timeshare

[crasch.livejournal.com]

Thanks!