IS SEA CHEAPER THAN LAND?

HT_marquette_tk_120708_16x9_992Firstly, apologies for the radio silence on WTF… it seems the “work” part has been outweighing the travel and the fashion piece lately. With that, I will blatantly promote the launch of my new business www.geekteam.asia and now get on with this week’s post!

It seems you can’t go to a dinner party at the moment without the conversation turning to the topic of buying a home. No matter where in the world you live, prices seem to be higher than ever and people are now having to look for alternatives to the white picket fence dream.

And where is one place they are looking? On the sea.

The World (www.aboardtheworld.com) was launched on 2002 is a private ship owned by its residents. The 165 apartments are owned by people from over 19 different countries with some living on board full time and others part time. With a grocery store and deli, a boutique, golf simulator, putting green, full-sized tennis court, jogging track, gym, movie theatre, 6 restaurants, bars, nightclub, 12,000-bottle wine cellar and a myriad of classes on offer – plus visiting ports around the world from 2 to 5 days. Life could be worse. Cost $1million to $14million for an apartment.

The Marquette (www.rivercitiescondos.com/cruising) will be the largest inland passenger vessel in the world with 180 residences, and accommodation is a bit more reasonably priced at between $310,000 to $1.8 million for full ownership. Facilities though are not as extensive – a gym, golf chipping course, pool, library, theatre and 2 restaurants. And the cruising is not worldly – it is within the US on the rivers.

Utopia Residences (www.utopiaresidences.com) are tipped to be the most extravagant residences (200 of them) on the water. Prices start at $3.9 million through to $160 million. There is a residence only section for owners, and communal amenities will include a casino, a world-class spa, a fitness centre, waterslide, restaurants, multiple bars and lounges, a nightclub, a theater, swimming pools, a floating marina, art gallery, shopping facilities and a helipad. Launching in 2014 so get your cheque book ready!

And if you had your heart set on living on the QE2 sadly she will be retired soon to the docks and her only full-time resident (89-year-old Beatrice Muller) will be looking for a new ship to call home.

So is sea cheaper than land? As always it depends on your taste!

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