Condos for sale on cruise ships. Great views. Changing seaside sites all around the world. From $500,000 to $8 million. Motivated sellers. May be coming to Bay Area soon.What will they think of next?
It may be a stretch to call it a real estate tsunami -- a gently rising tide, maybe -- but putting plush condominiums on seaworthy cruise ships is drawing interest from developers, investors, entrepreneurs and gilt-edged hotel companies eager to plumb a new market.
Pitched by their champions as exotic and novel alternatives to traditional condos for landlubbers, privately owned waterborne condos exist on just one major ship -- the World, operated by a management company in Miami called ResidenSea Ltd. -- but at least three other companies are lining up to launch shipboard condos.
Tuesday, July 04, 2006
Condos for sail
The San Francisco Chronicle reports:
