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FAQs ABOUT RESIDENSEA
The World's First Floating
Condo Hotel Luxury Resort

1.
Give me some facts about the ResidenSea ship itself. When was the vessel built
and when was it last refurbished?
The full name of the
ship is The World of ResidenSea. The ResidenSea was built and
last refurbished in 2002.
It contains 110 apartments and 88 guest suites. Passengers will total 285
with a crew of 1,090.
The crew is made up of Scandinavians and professionals
from other international countries.
Its operator is ResidenSea USA. It has 12 decks, is 644 feet,
and has a cruising speed of 19 knots. Its
operating area is worldwide. The building cost is estimated
to be $265 million.
2. What is unique about the ResidenSea?
The ResidenSea is like
an exclusive community at sea.
It's much more than a ship on which you take
a 10-day cruise.
It is a floating city where people actually
can live on board year round.
When you're on the ResidenSea, you have the
feeling you are at a luxury resort.
The residences are spacious, beautiful homes,
not mere staterooms or cabins. The ship will sail
around the world in pursuit of fair weather, special
international events and the natural attractions of
the world.
3. How large are the residences?
The 110 residences range
in size from 1,106 sq. ft. to 4,184 sq. ft. The 88 guest suites range
in size from 259 sq. ft. to 648 sq. ft.
Buyers have a choice
of five standard floor plans including penthouses
and bi-level residences.
Each unit features:
·
Two to six bedrooms
each with its own living and dining room area
·
Complete bathroom,
·
Fully equipped state-of-the-art
kitchens,
·
Private veranda some
with jet pool
·
Walk-in closets
·
Audio system
·
Television,
·
VCR or DVD
·
Mobile phone
·
Fax
·
Personal computer
·
Built-in safe
·
24-hour security
4. How much do residences on
the ResidenSea cost?
The remaining residences
are priced from $1,450,000
to $4,906,000.
5. Are the residences furnished?
These spacious homes
have been designed and appointed by four of the world's
premier interior design firms:
Nina
Campbell of London;
J. P. Molyneux of New
York;
TMT Design by Di Pilla of Milan
or Yran & Storbraaten of Oslo. Prices include furnishings.
6. Are there any smaller, less
expensive residences?
There are studios.
These are smaller units but still extremely
luxurious. Each studio apartment has:
·
A
sitting area
·
Entertainment
center
·
Refrigerator
and cocktail cabinet
·
Writing
desk
·
Dressing table
·
Marble bathroom with
separate tub and shower
·
The majority also have
balconies for ocean viewing
Studios are available
in five unique configurations and were designed by
Hirsch Bedner Associates of Atlanta, one of the foremost
design firms serving the hotel and cruise industry.
7.
What are some of the
ship's amenities?
The amenities are almost
too numerous to mention. Some of the highlights are:
·
Two large swimming pools
·
A full-size tennis court
·
Golf facilities with
golf simulator
·
Driving ranges and putting
greens
·
Jogging track
·
Retractable
marina for water sports
·
Graff
Jewelers, fine jewelry store
·
A
state-of-the art health spa
and fitness center operated by world-renowned Clinique
Ala Prairie
·
First-class restaurants
and cafes and one of the finest wine cellars at sea
·
Travel agency
·
Nightclub
·
Casino
·
House of worship
·
Theater for films and
classical concerts
·
A medical center with
a "surgery theater and three wards for recuperation"
·
Revolving art exhibitions
·
Library and seminars
on everything from astronomy to oceanography
8. What are the maintenance fees?
Fees are allocated according
to each unit's proportionate area. Maintenance fees for residences
will range from $96,586
to $239,567 per
year. These fees include your maintenance
fees, shuttle bus and laundry fees and a $20,400
credit towards your food and drinks.
9. A residence ship is a very
unique concept.
How did the idea for ResidenSea come about?
The concept for The
World of ResidenSea was conceived in 1997 by cruise
industry veteran Knut Kloster Jr, member of the acclaimed
Kloster family who pioneered the modern cruise industry
in the early 1960's. The Kloster family started
Norwegian Cruise Lines (NCL), and Knut Kloster, Jr.
has served as chairman and CEO of both Royal Cruise
Lines and NCL
The ResidenSea was designed
by world-renowned cruise ship designers, Yran &
Storbraaten Architects. These same architects designed
the Seabourn Pride and Spirit, the Silver Cloud and
Silver Wind, Sea Goddess I and Sea Goddess II, and
the Royal Viking Queen.
The ship was built in
Norway and is incorporated
in The Commonwealth of The Bahamas.
10. What are the anticipated demographics
of ResidenSea buyers?
The nationality distribution
is expected to be 40%
American, 40%
Europe and 20%
from South Africa, Australia and elsewhere. Modern telecommunications
and information technology will enable the residents
to work and run their business wherever they are cruising
or harbored. The majority of the existing
buyers are active business people in their mid-fifties. They range in age from 33
to 93.
11.
What is the ResidenSea's itinerary?
The ship will sail according
to a continuous round-the-world itinerary focusing
on extended stays -- a total of 250 days a year in
various ports and visiting the world's most interesting
destinations. Some of the events to be visited
include: Carnival
in Rio, Wimbledon in England, the Cannes Film Festival
and Monaco's Grand Prix.
During the cruise around the
world, destinations which will likely be visited are: So. Shetland Islands, Cape
Horn, Ushuaia, Chilean Fjords, Puerto Chacabuco, Valparaiso
(Santiago), Arica, Pisco, Callao, Panama Canal, Puerto
Limon, Roatan Island, Belize City, Cancun, Houston,
New Orleans, Key West, Fort Lauderdale, Nassau, Semana,
San Juan, Bridgetown, Las Palmas Tenerife, Funchal,
Lisbon, Gibraltar, Casablanca, Barcelona, Rome, Venice,
Dubrovnik, Corfu, Mahon, La Caruna, Paris, Falmouth,
Greenwich, Olden, Flaam, Oslo, Copenhagen, Stockholm,
St, Petersburg, Takin, Visby, Gdynia, Hamburg, Amsterdam,
St. Malo, Bilbao, Monte Carlo, St.
Tropez, Porto Cervo, Sardinia,
Livomo, Portoferraio, Sorrento, Navplion,
Bodrum,
Kos, Patmos, Samos, Mykonos, Istanbul, Yalta, Sevastopol,
Odessa, Kusadasi, Rhodes, Ashdod, Port Said, Suez
Canal, Aqaba, Dkibouti, Praslin, Mombassa, Zanzibar,
Mayotte, Cape Town, Walvis Bay, St. Helena, Ascension
Island, Bridgetown and Tortola.
12. How have ResidenSea sales been to date?
Eighty percent of the
apartments, which have 70-year leaseholds -the ship's
expected life span - have been sold so far.
13. Should a purchase on the ResidenSea
be viewed as an investment?
In a word, no. Although your unit can be
rented out as part of the ship's condo-hotel rental
program, the apartments on the Residensea are not
being sold as investments. The units all have expiring
leaseholds which make them depreciating assets.
ResidenSea is a lifestyle.
It is not a way to make money.
It's an extremely exclusive resort that combines
the excitement of world travel and the fun of cruising
with all the comforts and luxuries of home.
14. You say that I can rent out
my ResidenSea unit?
How does that work, and what will I receive?
The
rental program is run by the ResidenSea management
so renting out your unit is hassle-free.
Right now, 60% of any revenue generated by
the rental of a unit goes to the unit's owner.
In the near future, this number may be increased
to 70%, but this is still in the discussion stage
with the ResidenSea's board officials.
15. Am I allowed to resell my
ResidenSea unit if and when I want?
Yes,
owners may sell their residency rights at any time.
If you are interested in learning
more about this condo hotel ship, please feel free
to ask specific questions or request our detailed
data sheet. We will respond within 24 hours (usually
much sooner). Contact Joel Greene at Joel@CondoHotelCenter.com
or call (954) 450-1929.
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