Marine Growth Ventures News

Retiring on a Cruise Ship

Waterfront Lifestyles International, a boutique maritime lodging company, is currently taking reservations for retirement condos on a mid-size cruise ship that will make monthly cruises to the Bahamas. Prices for individual condo cabins on the 300 ft Alegria range from $159,000 for a single room to a larger suite for $399,000 plus a nominal Resident's Care monthly fee which covers all the operating expenses of the ship including crew, staff, fuel, maintenance, insurance, three meals daily, port fees, the medical center, and housekeeping. A huge difference between a senior care facility and living on Alegria is that the residents actually own the ship. With the depressed economy the company realizes some seniors may have to put off retiring for a few more years.