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Man who bought flat on cruise as it's cheaper than home reveals exciting opportunity if you want to join him

Home> Community

Published 15:37 3 Feb 2024 GMT

Man who bought flat on cruise as it's cheaper than home reveals exciting opportunity if you want to join him

This is actually genius

Lucy Devine

Lucy Devine

Featured Image Credit: CNBC / @ajbc_1/Storylines.com

Topics: Travel, Money, US News, Home

Lucy Devine
Lucy Devine

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If you want to travel the world full-time, but don't fancy living in hostels, catching flights and hanging around at airports with your entire belongings in a backpack, then this could be for you.

One man from San Diego has traded land for water and bought an apartment on a cruise ship.

Austin Wells insists that it's a cheaper way of living, and he gets to travel the world while working remotely.

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You can see him discussing it below:

Speaking to CNBC, Wells explained that he has spent $300,000 (£238,000) on a 12-year lease studio apartment onboard the MV Narrative.

However, the ship is still under construction in Croatia and isn’t due to set sail until 2025.

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It boasts 500 private rooms and apartments, with Wells’ room spanning 237 square feet and features a desk, shower room, pantry and foldaway bed.

Those who live onboard full-time - which is expected to reach around 1,000 residents - have access to a gym, a farmer's market, medical services, 24-hour room service and private kitchens, too.

If he gets sea sick, he can always rent it out.
CNBC

Wells works remotely and plans to continue doing so on West Coast hours while cruising around Europe.

"The thing that most excites me is I don’t have to upend my daily routine, in order to go see the world," he said.

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"My working hours will be shifted towards evenings, nights and very early mornings, but that does open up the ability for me to see a city midday to afternoon.

"This is probably the first time ever that there is even the ability to have a standard job and even consider working and living from a floating apartment complex."

Would you up sticks and live onboard a cruise ship?
YouTube/ Storylines at Sea

Alister Punton and Shannon Lee, the bosses of luxury residential ship brand Storyline, came up with MV Narrative because they ‘wanted to offer more affordable apartments for life at sea’.

And the numbers do seem to add up. According to The Sun, a flat in San Diego costs around $2,500 (£1,980) per month while Wells’ room on the MV Narrative will set him back about $2,000 (£1,587) per month.

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If it all sounds pretty cushty to you, there's some good news.

Punton recently revealed that there's actually a second cruise ship in the works once the apartments onboard the MV Narrative are almost sold.

“We have identified a really big market here. And there’s a lot of people who want to get involved and be a part of this,” he told CNBC.

Residents can also rent out their units if they're not onboard. An apartment like Wells' could actually generate up to $4,500 per month, according to the Storyline's website.

You can find out more info here.

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