NBR VIEW takes a look on board The World - Luxury Residences at Sea

For a select few of the world’s richest families, life at sea means travelling to all parts of the world from the comfort of their own homes.

That’s the formula for The World, a residential luxury superyacht the size of a cruise ship and an ocean residence for 142 families.

Chief executive and president of The World is Fort Lauderdale-based Pamela Conover, who tells NBR VIEW’s Hamish Coleman-Ross that the owners jointly choose an itinerary that takes them around the world at least once every two years – and to some of the remotest places on the globe.

Earlier this year these included the Ross Sea and various ports of call around New Zealand. 


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8 Comments & Questions

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Other important issue is that if you stay on the world long enough you maybe able to avoid tax completely...on that basis your after tax cost could be negative

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What's the annual cost though. Spreading the running costs over just 165 apartments must make it expensive and I assume you still pay most of that even if you aren't on board.

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No you rent it out...very high occupancy so they say.

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OK, price ranges from 2m -- 16m, so the monthly fees (body corp equivalent) will be scaled accordingly, I guess. What are they like? Does that include meals or do you swipe for all your meals and beverages? What about family and friends of the owners -- can they come on board and rent cabins? Need to know, before I cash in on my Kiwisaver and make appointment with my mortgage broker.

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Good questions...maybe hamish can answer them.

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As far as what the residences are like take a look at the video, very impressive. Those featured are at the top end but there are also studio apartment style residences at the entry level. Annual ownership costs are based on the square footage of the residences. There is also an annual food and beverage fee which you draw down on over the year, and in this you can specify what you would like stocked. There is a guest stay program which is "by invitation" only but this is used more for prospective buyers to experience the ship before making their own purchase.

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Thanks hamish

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I will take two please.

At least you will not get those annoying timeshare salesmen coming up to you at ASB Showgrounds at Travel Expo.

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