A new residential cruise ship plans to sail around the world every 2½ years. Cabins start at $11 million.

Brittany ChangSep 26, 2024, 02:48 IST

Ulyssia Residences says its residential superyacht will launch in 2028 with 132 cabins starting at about $10.95 million each.Ulyssia Residences<ul class="summary-list"><li>Ulyssia Residences plans to launch a <a target="_blank" class href="https://www.businessinsider.com/passengers-cruise-ship-stuck-port-get-off-every-evening-2024-9">residential ship</a> in 2028.</li><li>The 132-condo Ulyssia would sail around the world every 2½ years.</li></ul>Do you have a travel itch, a love of sailing, and an extra $11 million to spare? If so, Ulyssia Residences has a ship for you.The Switzerland-based company says its first 132-cabin <a target="_blank" href="https://www.businessinsider.com/residential-cruise-startup-condos-at-sea-photos-2023-10">residential vessel</a> will launch in October 2028. From then on, the floating condominium would sail around the world every 2½ years, from the cold waters of Greenland to the warm beaches of Madagascar.Ulyssia is one of several new contenders vying for cruise lovers' hearts and wallets. But unlike competitors such as Villa Vie and <a target="_blank" href="https://www.businessinsider.com/residential-cruise-ship-startup-globecruises-3-year-sailing-2024-8">GlobeCruises</a>, this newcomer is marketing its vessel as a "superyacht" replete with high-end amenities like helicopters and submarines for <a target="_blank" class href="https://www.businessinsider.com/what-ultra-high-net-worth-investors-are-buying-family-office-2024-6">ultra-high-net-worth travelers.</a>

Ulyssia's condos would be some of the priciest and largest in the niche residential cruise industry.

The ship, shown in a rendering, would accommodate up to 300 guests and 320 crew.Ulyssia Residences

The one- to six-bedroom condos would start at 9.8 million euros, or about $10.95 million.

The ship would have 22 rentable guest suites and 10 penthouses, as shown in a rendering.Ulyssia Residences

It's the price of a permanent around-the-world vacation on a luxury ship.

Ulyssia, shown in a render, would sail around the world every 2½ years.Ulyssia Residences

Gruber noted that most interested travelers have been families and folks in their 50s.

Ulyssia's team started planning its residential ship, shown in a render, two years ago.Ulyssia Residences

But there's one major roadblock between these wealthy would-be residents and a life at sea.

Ulyssia said Meyer Werft will be building its vessel.Ulyssia Residences

Ulyssia's team tapped Meyer Werft to build its superyacht, a €1.7 billion — about $1.9 billion — project.

Ulyssia, shown in a rendering, would have amenities like a beach club.Ulyssia Residences

Gruber said his team is 'fully funded' and 6 months ahead of schedule.

Ulyssia, shown in a render, would have high-end common spaces.Ulyssia Residences

The ship's amenities could provide some insight into its massive price tag.

Ulyssia, shown in a render, would have amenities like a "culinary studio," market, and water toys.Ulyssia Residences

Feeling peckish? The ship would have seven restaurants and four bars.

Residents would have amenities like indoor and outdoor pools, as shown in a render, and a garage for their vehicles and bicycles.Ulyssia Residences

Several members of Ulyssia's team, including its CEO, previously worked for The World, currently the only luxury residential ship in operation.

Ulyssia said its ship, shown in a render, would have two helicopters that would take guests to excursions, airports, and hospitals.Ulyssia Residences

The World requires its buyers to have a minimum net worth of $10 million.

Ulyssia would have amenities like a "culinary studio," market, and water toys.Ulyssia Residences

I toured first-class cars on the Rocky Mountaineer train, where tickets cost $2,269 and come with a luxe bar that's off-limits to other passengers

Cookies on the Business Insider India website