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Is Now the Time To Invest In a Cruise Residence?

Traveling seems to be on everyone’s bucket list. In fact, a survey shared by Forbes revealed that 95% of the adult American population has a bucket list containing the places they want to see and things they want to do before the end of their lives. But while traveling seems very enticing for the majority of the population, only a few actually manage to check off their list. With a cruise residence, you bring your home wherever you want to travel!With these benefits,it’s right time to invest in a cruise residence.

The reality is that most people aren’t able to travel because they don’t have the money, can’t leave work, or need to take care of elderly or young children. There is always something on their plate that seemingly makes traveling and breaking their daily routine impossible. This is where owning a a home on a residential cruise ship enters the realm of possibilities.

With a cruise residence, you bring your home wherever you want to travel! The perks include bringing your loved ones onboard. It’s also ideal for remote workers and retirees planning to travel the world.

Things are looking up 

According to Carnival Corporation, one of the world’s biggest cruise companies, their bookings for 2022 have significantly increased their bookings for 2019. On the other hand, Royal Caribbean cruises shared that their 2022 bookings are almost the same as their bookings for 2019, most cruise lines are expect to add over 100 new ships to sail in 2027. 

Fortunately, gloomy days are over, and things are looking up for travelers and the entire tourism industry. Although the threat of Omicron and other mutations is evident, the situation is undoubtedly getting better. A massive chunk of the population has been vaccinated, and countries have opened their borders, so traveling is becoming easier. 

According to the Los Angeles Times, cruising is finally back, and everything is pointing to the fact that more cruises are set to leave the ports in 2022 than in 2019. This fact alone is enough to say that we’re looking for a brighter 2022 and beyond for the tourism and cruise industries.

Why are cruise ship homes ideal?

Cruise-lovers and adventure-seekers love to stay on ships for more extended periods because it’s like an escape from the toxicity and the hustle and bustle of their daily llives on land. Furthermore, the cruise has amenities unlike the ones you find at home, and it also offers ever-changing environments. You can visit new places, experience new things, learn about other cultures, and meet new people. As the ship docks and moves from one port to another, you can take a stroll and assimilate with the locals and do as the Romans do.

And once you’re done strolling, you can hop on the ship and simply enjoy the comforts it offers, just like home, because it is! On top of that, the ocean view is also available to you around-the-clock.

Because of these comforts, amenities, and pleasures, most travelers extend their stay on world cruises for 90 to 120 days. Others even go as far as booking sequential back-to-back world cruises in more than just one cruise line. One company recognized this demand for continuous cruising when the residences at sea were introduced in 2002. The World is an opulent yacht made to imitate a condominium unit. This made living at the sea possible. You don’t have to extend your stay or book back-to-back cruises. You can simply buy your own home like you would on land. 

With this type of cruise residence, they’re widening their reach and providing homes to a broader market segment. While it aims to lure in wealthy retirees, it also wants to encourage location-independent workers and families to invest in this kind of property. 

Is it a good time to purchase a cruise ship home?

With the tourism and cruise industries picking up faster than we thought, the million-dollar question for ardent travelers and property buyers is this – is now a good time to invest in a residential cruise ship

Reasons to invest in cruise residences 

If you’re still wondering whether or not you should seriously consider investing in cruise residences, consider these reasons that might sway you in the right direction. 

They are assets that will only rise in value over time

Like traditional real estate, anything new and in the process of building is always cheaper than those in the marketing and transfer stages. So, if you’re wondering when is the right time for that investment, the answer is now, especially while the residential ship market is still in its infancy. Now is the chance to get on the ground floor, before it even explodes in popularity. If you’re thinking of a good investment for your retirement, or if you want to travel the world while also enjoying the comfort of home, this is the answer. 

Allows you to live life to the fullest

If you ask people what they’re dreaming of, most of them would answer that they dream of traveling the world. On the other hand, if you ask them what’s stopping them from fulfilling this dream, they’ll also tell you that their job and other family responsibilities prevent them from going out and exploring the world. 

Now, if you buy a cruise residence and you’re working a job that’s not location-dependent, you can hit two birds with one stone. You can go out and see the world and still earn money to sustain your needs. This is no longer too good to be true with the launch of cruise residences. 

Traveling is good for the soul 

Traveling broadens our horizons and introduces us to places and people we never imagine meeting. Through this, we realize that the realities as we know them are not absolute. We also realize that the world is so big and that there’s so much for us to learn, experience, and explore. All these learning, lessons, and realizations are good for our mind, body, and soul. It helps us become more perceptive and broad-minded individuals as well. 

In conclusion 

We only live once. This phrase may be associated with the millennials some people often think of as reckless and entitled, but it couldn’t be any more accurate. In reality, we only have one life. As such, it’s imperative that we make the most out of it. So, if you’re thinking about whether or not to buy that cruise residence and embark on a journey to travel the world, go for it! Now is the time to live life to the fullest. 

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