CMV answers speculation that Marco Polo is to be sold as ‘floating luxury apartments’

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Similar: Marco Polo and the Storylines ship (Pictures: CMV/Storylines)

Speculation that the veteran cruise ship Marco Polo is to be sold to become luxury floating apartments has been addressed by its operators Cruise & Maritime Voyages.

Fans of the 53-year-old ship began to chatter after seeing an artist’s impression of Storylines, a ship that will be a ‘residential community’ sailing from August 2019 after a $40million refit. A second ship is due to enter service shortly afterwards.

Instead of operating as a normal cruise ship, passengers will pay up to $1,400,000 to buy cabins and live permanently on board, sailing to ports around the world. The ship will be totally redesigned with a microbrewery among its new features. Monthly service fees for the five tiers of accommodation will be up to $9,500 a person.

The Storylines website says the project is ‘definitely not a timeshare’, though owners will be able to let friends or family use their ‘cabin-condos’ when they are not on board.

The company says: ‘Due to contractual conditions, we are not able to release the name of the vessels at this point. Ship names will be released in early 2018.’

It adds that: ‘Our ships are currently cruising around the world. Soon they will be released for a full refit prior to entering service with Storylines.’

Statistics given on the website about the line’sĀ first ship are very similar to those of Marco Polo.

However, a spokesman for CMV told me today: ‘These stories do pop up from time to time, especially when such a fine traditional liner is involved. Let me assure you there are no immediate plans, indeed we are busy getting the next CMV brochure ready for launch. Marco Polo is featured in the current 2018 programme and is also set for an exciting programme in 2019.’

Dave Monk (Shipmonk) has been nominated as best blogger in the British Cruise Awards 2018. To vote, please click here

7 thoughts on “CMV answers speculation that Marco Polo is to be sold as ‘floating luxury apartments’

  1. I recently received an introductory mailing from Storylines. It includes the exact image of the ship shown in this article, which is clearly a retrofitted Marco Polo. The mailing included three options: outright purchase of a condo; sail for a year and your fees are credited to either a purchase or another year; 3, 6 or 9 month packages.

  2. Storylines sent me a deck plan for their ship, the vessel is an Ivan Franko class vessel. That being said I can say, with relative certainty that one of these three things MUST be true:

    1. The entire thing is a scam and they are using the deck plan and images of the Marco Polo as part of the con.
    2. They are raising the Mikhail Lermontov from from the Marlborough Sounds in New Zealand.
    3. The Marco Polo is the ship in question.

  3. Some things have changed with Storylines as they progress, get a feel for their market, and move forward. I know because I did extensive research before putting down my $5000 refundable deposit to purchase. I am so delighted and appreciative that someone has finally produced an AFFORDABLE resident ship. The cabin/condos start at USD $155,000 (I live in California where you cannot buy even a garage for that!) to around $1 million. The monthly service fees depend on the size of your condo and start around $1700 per person, another reasonable cost considering what is included and the level of luxury…and includes the TRAVELING!! You can bring friends and family, and get off any time and rejoin the ship at any time. They will rent your condo when you are not using it if you want.
    I am told that so far 25% of the condos sold are people in their 30’s who work from home…so Patricia, it will not be a ship of “old ladies”, and Peter, this is not a scam so I vote for your #3.

    • I’ve been speaking with their CEO for a while now. I’m very interested in this but their contracts caused my attorney and I both some pause. The money is not being escrowed, it is simply refundable….if this falls apart the money is gone.

      • Peter – I haven’t gotten to that stage yet, so I haven’t seen the contracts. Refundable seems ok. I have to think that through. They can earn money by renting the condos if they don’t sell enough. I just can’t imagine that they won’t sell…it’s such a wonderful idea and these people are putting their life into it’s success. I think things are going pretty well. A man I know just purchased a million dollar condo. It must be so difficult for Storylines to be the first affordable start-up. It’s so new. Prospective customers can’t walk on the ship and look around. There’s no track record. I think that is why prices are so low right now. Once they have their first ship I expect the prices will go up. I believe in this company, and this is the lifestyle I want to live. It will change my already wonderful life. There is simply no way you can grow without taking chances.
        I’d love to talk to you. Is there a way to contact you?
        I read this quote: “If you can get up the courage to begin, you have the courage to succeed”.

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