You can be on Entrepreneur’s cover!

A Luxury Cruise Ship Will Allow Residents to Permanently Live At Sea. See Inside Its 237-Square-Foot Studios Selling for $1 Million. Storylines is making a residential cruise ship to travel around the world nonstop starting in 2025.

By Brittany Chang

entrepreneur daily

This story originally appeared on Business Insider

Storylines via Business Insider
Storylines via Business Insider
  • Storylines is making a residential cruise ship to travel around the world nonstop starting in 2025.
  • Homes aboard the MV Narrative start at about $1 million for a studio apartment with a Murphy bed.
  • See what it'll be like living in the $1 million home at sea.

For a cool $1 million, you can fulfill your dreams of spending life at sea indefinitely.

Storylines

Just be prepared to trade in your comfortable multiroom home for a studio condominium so small that you'll have to sleep on a Murphy bed.

Storylines is building the 18-deck MV Narrative, the startup's first luxury residential cruise ship, which will travel indefinitely around the world.

The ship and its 1,000 occupants won't begin this unique lifelong journey until 2025, but the vessel's 547 floating condominiums are already capturing the hearts and wallets of many interested buyers.

Some floor plans are nearly sold out, Katie Drew, Storylines' vice president of marketing, told Insider in August.

Storylines

Source: Insider

The 741-foot cruise ship is lined with 11 semicustomizable floor plans.

Storylines

These residences range from a $1 million 237-square-foot studio home comparable to luxury New York City apartments …

Storylines

… to a palatial 1,970-square-foot four-bedroom, two-floor home that'll run buyers $8 million.

Storylines

The 237-square-foot home isn't your typical $1.1 million condo.

Storylines

You'll still have furniture like storage units, a closet, and a TV mounted on a swivel arm, according to Storyline's brochure.

But instead of a bedroom or a divider that separates the living room from the bedroom space, the studio apartment uses a queen-size Murphy bed …

... which means the bed can be stored in the wall when it's not in use.

Storylines

Remote workers relying on the Narrative's WiFi can either use the ship's workspace or lease its private offices.

But if they'd rather work from home, they could always use the table and two chairs that sit just across from the bed.

A small bar separates this general living space from the bathroom.

Storylines

While there's no bathtub, the neutral bathroom has modern furnishings and a bright vanity that could rival a bathroom in a multimillion-dollar condo on land.

Storylines

Paying $1 million for a tiny studio apartment may come as a shock to homeowners.

Storylines

After all, the average $1 million US home sits at about 2,624 square feet, according to data from Zillow.

Storylines

Source: Zillow

And the studio home's price doesn't even include the monthly "living fees" of about $2,600 a person in a dual-occupancy unit, according to the company's brochure.

But aboard the Narrative, this sticker price and monthly fees don't include just a home at sea.

Because the Narrative is "all-inclusive," this cost will also cover the homeowners' daily food and drinks at the ship's 20 restaurants and bars …

Storylines

… onboard medical staff, pools, a marina with water toys …

… a bowling alley, and a 10,000-square-foot wellness facility, which Storylines says is the largest of its kind at sea, to name a few of the Narrative's amenities.

And throughout the vessel's journey around the world, residents will get to spend several days at international destinations like Istanbul, Turkey; Kotor, Montenegro; and Palermo, Italy.

Storylines

So, yes, paying $1 million for a tiny home may seem unreasonable.

But for travelers who'll never get tired of exploring new countries, the ability to circumnavigate the planet every 3 1/2 years while living aboard a luxury cruise ship is likely worth every penny.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

This Dad Started a Side Hustle to Save for His Daughter's College Fund — Then It Earned $1 Million and Caught Apple's Attention

In 2015, Greg Kerr, now owner of Alchemy Merch, was working as musician when he noticed a lucrative opportunity.

Business News

This One Word Is a Giveaway That You Used ChatGPT to Write an Email, According to an Expert

"Delve" has increased its presence in written work since ChatGPT entered the scene.

Business News

Yes, You Can Buy a Foldable Tiny Home on Amazon — And Now It's Selling for Less Than $12,000

The waterproof and flameproof house was listed around $35,000 a few months ago.

Starting a Business

4 Common Mistakes That Will Spell Doom Your Ecommerce Business

It's hard to spot a success story before it happens, yet it's easy to tell if a business will struggle. With that in mind, here are the four most common mistakes people make that you should avoid when starting an ecommerce business.

Side Hustle

This Insurance Agent Started a Side Hustle Inspired By Nostalgia for His Home State — Now It Earns Nearly $40,000 a Month

After moving to New York City, Danny Trejo started a business to stay in touch with his roots — literally.