Saturday, April 13, 2024

Storylines Cruise Ship: Meet Buyers Who Spent $2M and up to Live at Sea

mv narrative cruise ship

Scheduled to launch in 2025, the vessel is being operated by the new company Storylines. With 547 "residences", owners buy into accommodations for the lifetime of the vessel or lease options of 24 years. The residential hotel ship is being constructed at the Brodosplit shipyard in Split, Croatia. When Storylines' first residential cruise ship launches in 2024, it will feature 547 fully furnished residences available for purchase to globe trotters who would like to live, work, and play while exploring the world. Most of the one-to-four-bedroom homes, ranging from 237 to 1,970 square feet, feature balconies and can be customized in a coastal or contemporary style. While the onboard residences are in the $1 million to $8 million range, there are also a number of homes available for as little as $600,000 on a 24-year lease basis.

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On July 1, 2023, Storylines announced that children traveling on MV Narrative can participate in a global learning program (floating school) both onboard and ashore (in port towns/cities). Storylines is a 2016-founded company run by Alister Punton and Shannon Lee who both were previously engaged in land-based real estate and construction projects. After 2 years of market research, they decided to establish a new cruise brand via the Storylines Corporation. Initially, the company was registered in the UK, later in the USA (Delaware, with headquarters in NYC New York).

RU2-375-440 Balcony Suite

For more active times, the ship's outdoor spaces can be utilized for yoga on deck, swimming, running on the track and gardening. Choose from multiple dining and bar concepts offering a variety of international cuisines. Start at the oyster bar for appetizers and work your way to the Chinese restaurant, then finish in the ice creamery for delicious desserts. Or you can stay in and order home delivery from the 24-hour menu when living on a cruise ship. When it suits you, cook dinner with friends in the culinary atrium while watching the sun set over the marina.

All-Inclusive 5 Star Dining

Like any other home, the residences can be rented out or sold in whatever manner the owner chooses. A select few abodes are also listed for 24-year leases (starting at $600,000, or roughly $25,000 per year). After the initial purchase or lease price, each unit will also be charged a yearly fee, ranging from $65,000 to $200,000, to cover meals, amenities, and maintenance. As a purpose-built residential hotel ship, rather than a cruise ship, instead of having cabins MV Narrative will offer "global residences". The prices of the residences range from $1 million to $8 million for the lifetime of the vessel and a limited number of 25 percent shares of residences are available. At the end of the ship's life owners, expected to be up to 60 years, have the option to rollover to another ship in the fleet without the need to repurchase.

Peter Antonucci, a retired lawyer who spent six years living on The World cruise ship, sold his $1.6 million condo in 2019. Furthermore, Storylines’ medical facility will have most equipment found in a modern hospital, including dialysis machines, ICUs for cardiac emergencies, CPAP machines, electronic infusion devices, and mechanical ventilators. An onboard medical team will include a full-time licensed general practitioner with ER training, preventative medicine physician, nutritionist, acupuncturist, physical therapist, dental hygienist and dentist, and more. That home is on Storylines’ MV Narrative, a luxury residential cruise liner set to launch in 2027.

Storylines MV Narrative

"There are those of us that have things that we can do to enhance the life experiences of the other people on board," Nuran said. In the Marine Corps, which he retired from in 2014 to become a financial trader, Hammond said he used to sleep on the ground. He's trading that in for a level of comfort he's looking forward to as a part-time resident aboard the MV Narrative. Jim Holt admits he's "not a rich guy." The 67-year-old Army veteran, who served for 20 years and now works as a government defense contractor, is in contract to buy a 377-square-foot studio with a queen-size Murphy bed for $1.9 million. That's a lot more than you'd pay to go on a cruise vacation, but the ship's attraction is that you'll be able to "travel the world from the comfort of home," Storylines CEO Alister Punton said in a statement in August. MV Narrative was due to start cruising in June 2020 with a 3-year complete circumnavigation of the world.

mv narrative cruise ship

Local Talent Onboard

But after contacting the Centers for Disease Control and Prevention, it turns out there's no issue with pets on board. So, we're allowing residents to bring cats, and dogs but only up to a certain size because we don't want to have massive pets taking over the ship. From what I've seen so far, most of the residents will bring two dogs with them. A lot of residents play the sport and they've got together as a community. In late-July 2021 Gelen Marine announced that the project is well in progress, with the initial ship design almost completed, full ship specifications expected in 2021-Q4, and construction works (at Brodosplit) planned to start in 2022-Q1.

Specifications of Storylines MV Narrative

The slow travel schedule, the company states on its website, is part of its sustainable travel initiative, as being in the harbor for days at a time and going shorter distances between stops burns fewer fossil fuels. Other elements include waste-to-energy tech, growing vegetables in the hydroponic garden, and committing to only using biodegradable or reusable items instead of single-use plastics. A new luxury cruise ship promises to deliver its residents to ports worldwide in style.

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Meet the couple who've been on more than 200 cruises - and love life on the high seas so much they're selling - Daily Mail

Meet the couple who've been on more than 200 cruises - and love life on the high seas so much they're selling.

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Holt said when he signed on in 2021 to live aboard, the annual fee for a single guy like himself was $72,000 a year. For most people, sailing the world is a once-in-a-lifetime experience. But for a few lucky travelers, an endless journey circumnavigating the globe could be a reality. Every day brings a new opportunity to become immersed in a different culture as we bring local talent on board to create intimate experiences for our community.

The fractional shares are for 25%, allowing up to 4 residents to share an onboard residence. Shared purchase cabin owners enjoy the same amenities as other residents, including zero maintenance/upkeep responsibilities. Prices of the residences range from $1 to $8 million for the lifetime of the vessel, with a limited number of 24-year leases available starting at $647,000. Brodosplit has commenced the engineering phase of the 753-foot passenger vessel, which will have 547 private residences on board.

However, due to changing the company's concept (newbuild over a second-hand vessel) and the Coronavirus crisis, Storylines postponed the brand's inauguration to 2024-Q4. Forward and aft Lifts (passenger elevators) and staircases interconnect all decks. The boat has 16 decks, of which 13 are passenger-accessible and 11 with cabins/apartments. Storylines MV Narrative staterooms (547 total) are in 5 cabin types and all are categorized as RU (Residential Unit). Chart your day the way you want, with activities to keep you as active or relaxed as you choose to be.

The Storylines MV Narrative cruise ship cabins page is conveniently interlinked with its deck plans showing deck layouts combined with a legend and review of all onboard venues. The ship will also convert its waste into energy to lessen its environmental footprint. The solar-powered hydroponic garden will also help keep fresh food accessible without consuming excess resources. These will be available through a zero-waste farmer’s market will be where everything for sale is either compostable or recyclable. The massive ship will have room for 547 residences, and the companies believe it will be the first of its kind to be powered by liquid natural gas propulsion. Its maiden voyage will traverse hundreds of destinations across six continents, and stops at ports are expected to span between one and five days.

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