Cruise Ship Condominiums in Vancouver

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Tue Aug 5, 2008 11:19am EDT

New concept creates boutique housing idea for winter Olympics

VANCOUVER, British Columbia, Aug. 5 /PRNewswire/ -- Waterfront Lifestyles
of Vancouver, a boutique maritime lodging company, is selling condos on a
small cruise ship that will take weekly tours of the surrounding Pacific
coastline. Purchasers may live aboard full-time, cruise only on weekends, rent
out their condos as investment income, or any combination which suits their
individual purposes. They are free to cultivate whichever lifestyle they
choose. The vessel, Pacific Aurora, was a retired coastal cruise ship that was
completely renovated and brought up to modern design and safety standards and
can accommodate approximately 65 residents in 29 cabins.
    For less than many country-club memberships, purchasers may now own a
share in a cruise ship. Prices for individual condo cabins on Aurora range
from $189,000 for a single room to a larger suite for $399,000 plus a nominal
homeowners association maintenance fee.
    The ship will cruise each weekend to area attractions which include
whale-watching, cruising the incredibly beautiful British Columbia mountainous
coastline, shopping junkets to Victoria and other port cities, and summertime
fishing and scuba excursions. And, with the winter Olympic Games scheduled for
Vancouver in 2010, Pacific Aurora will provide its residents unparalleled
lodging and access to the events.
    The ship will be operated, managed, and maintained by a highly qualified
local crew.
    During the week the ship will be docked in Vancouver within easy reach of
some of the most vibrant entertainment and shopping areas on the Pacific
coast. Two or three weekends each month it will take its owners to major
events and sightseeing trips locally, then, each year it will take a two-week
cruise to more distant destinations such as San Francisco and Alaska.
    The concept of cruise ship condominium ownership is not new; however, in
most cases the existing condo ships offered units for well over a million
dollars and remained unaffordable for most people. Pacific Aurora will be the
first ship to actually allow purchasers to own a cabin on a smaller ship for
under a half-million dollars.
    The developers see mass appeal for the idea among a wide variety of
cruisers including: retirees looking for a viable retirement residence; young
urban professionals who want to be near the hustle and bustle of Vancouver's
night life and bohemian lifestyle; businessmen who need to entertain clients
and prospects frequently; real estate investors looking for the latest trendy
sales item; even the couple looking for an extra bedroom for out-of-town
guests and visitors. Interest is even anticipated from international
corporations looking for lodging for the winter Olympics.
    Waterfront Lifestyles of Vancouver is a limited liability company formed
specifically for the ownership of Pacific Aurora. Each condo owner has an
equity share in the company and has a voice in the day-to-day operation and
management of the ship.
    The company's on-site sales and marketing manager is Mark Boyd and he can
be reached toll-free at 1-866-WIL-CRUZ (866-945-2789).
    This release was issued through eReleases(TM).  For more information,
visit http://www.ereleases.com.
SOURCE  Waterfront Lifestyles of Vancouver

Mark Boyd of Waterfront Lifestyles of Vancouver, +1-866-WIL-CRUZ
(866-945-2789)
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