Should you choose to sell your residence at a later date the storylines team will provide sales and marketing assistance to maximize the sale price. As residence availability is highly limited, and no comparable lifestyle options exist, it has been advised by Real Estate professionals that the market value of residences will increase over time.
The minimum lifespan has been guaranteed by engineers as 60 years. At the end of the vessel’s lifespan, residence ownership will automatically transfer over to a new vessel. Should you purchase a 12 year lease, ownership reverts to the company at the end of the purchase time.
Residences may be purchased outright or as a 12yr lease, similar to a home purchase. Residences purchased outright are fully inheritable to future estates and beneficiaries, or may be sold at any time.
At the end of the initial vessel’s 60 year lifespan, owners may roll their holding over onto another ship in the Storylines fleet – without the need to make an additional purchase. You and your family can cruise forever, or take advantage of any capital growth in your residence.
Should you choose to sell your residence at a later date the storylines team will provide sales and marketing assistance to maximize the sale price. As residence availability is limited, it is entirely possible the market value will increase over time.
Purchasing a Storylines residence is an excellent lifestyle investment. We do not, however, recommend purchasing a residence if you do not intend to occupy it at least part-time, as we are dedicated to building a sense of community aboard the MV Narrative.
In the 4th quarter of 2023, we will embark on our maiden voyage around the globe, following the sun, on our first 3-1/2 year circumnavigation.
With only 627 cruise residences and a rapidly increasing number of deposits due to people now having the freedom to work and study remotely, we advise that you speak with a residential adviser today for more information and to secure your place.