A US company has announced plans for a residential cruise ship that could be cheaper than buying a flat in London. Villa Vie Residences, which already operates the Odyssey on a continuous global cruise, has unveiled Project Lumina to acquire a luxury ship for permanent or part-time living.
Prices for a permanent home on the new ship start at $539,999 (around £404,000) for an oceanview room, rising to $899,999 (roughly £637,000) for a suite with a balcony. Monthly fees will also apply. In comparison, the average cost of a London flat ranges between £530,000 and £610,000, making the cruise ship a potentially more affordable option.
For those not seeking a permanent home, five-year ownerships and rentals are available. Owners can also rent out their cabins when not in use or invite guests on board for a fee. The new ship will offer 'ultra-luxury' amenities and operate alongside the Odyssey, which has been sailing since October 2024 on a 15-year itinerary.
Current amenities on the Odyssey include gourmet dining, entertainment, a swimming pool, excursions, housekeeping, laundry service, and medical visits. High-speed Starlink WiFi and a business centre cater to remote workers and digital nomads. The company's president, Chris Cox, said Project Lumina will focus on creating 'beautifully designed, high-value products' for the growing demand for residential oceangoing lifestyles.
