So where are you planning on retiring when the time comes? By the ocean, warmer climate, or a retirement community? How about on a cruise ship? The former cruise ship the Algeria is currently being converted to condominiums which will be sold individually to prospective clients. The apartments will be sold for between $159,000 up to $399,000 for the deluxe units. The staterooms range in size from 160 to 340 sq. ft. In addition there is a monthly fee for meals, weekly housekeeping, local country club membership, port fees and to pay for a shuttle bus. The homeowners will also decide the ships itinerary with monthly trips to the Bahamas, plus trips to Central America or to the Caribbean.

In addition a recent article states that:

The staterooms are compact, and although they may contain a microwave and/or small refrigerator, they will not have an oven or stove. So, if preparing your own meals is a passion, and you need lots of space in your residence, this won’t be the place for you. But, if you’d be happy to eat almost every meal out, are looking for a ready-made social group (the set-up would be ideal for singles), and like the idea of living on the water at an affordable price with a wonderful climate and amenities close by, and not leaving home while you do some traveling.

I believe this one statements says it all ‘The staterooms are compact’. Compact? How about small. If they are asking $159,000 for a 160 sq. ft. stateroom that equals $1,000 a foot.

With one-third of the condo’s having already been sold, there is a definite interest in this type of lifestyle. So if you are about to retire and living on a cruise ship sounds appealing, you can contact Mark Boyd at Waterfront Lifestyles International at 866-945-2789.

So what do you think? Does living on a former cruise ship sound appealing?

Comments welcome.

Source – TopRetirements