This is WHY We Bought a Cabin on a World Cruise Ship | Villa Vie

We previously shared the news about buying a cabin on the Villa Vie Residences Odyssey cruise ship! Join us as we share our reasons for purchasing a cabin on the Villa Vie Residences Odyssey, a perpetual world cruise ship. Discover how we made this life-changing decision, and the factors we considered. Please keep in mind that this represents our life experiences only and no one should engaged in real estate investments without appropriate consideration and guidance.

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KEYWORDS: Villa Vie Residences Odyssey, long term cruising, Villa Vie Residences, Villa Vie Odyssey, Villa Vie Residency, Villa Vie Cruises, Villa Vie cruise ship, Life at Sea, tips for travelers, world cruising

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ABOUT US: We are a couple (a psychologist and business executive) who retired early in order to travel and enjoy life. We spend half our time in Washington DC and the other half in extended slow travel all over the world. Our philosophy is to "travel wide" but also to "travel deep" which means really getting to learn the stories unique to the destinations that we visit. Join us for the journey.

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Keywords: #dchiddengems #slowtravel #travelvlog #gaytravel
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🎦 Chapters
00:00 Intro to Villa Vie Residences
01:00 Unpredictable Costs
03:45 Increasing Costs
06:17 Unpredictable Airbnbs
08:44 Accelerating Travel
10:10 Modified Slow Travel
12:32 Community
13:44 Investment
15:50 Pioneering Spirit

[SandyBanks-vkdl]

How do you justify the devaluation of your “investment” when the ship is already over 30 years old? Do you think you can sell your cabin after a couple of years for a profit? How do you tolerate the VVR’s ability to change the contract at will? Isn’t that unpredictable? At any rate you two are in an economic class I can only imagine and justifying a cabin on any ship full time is realistically way beyond my pocketbook…

[karenmckersie]

Thanks for sharing, hope you enjoy your new "Villa" and I'm looking forward to following you guys on this awesome adventure! Bon Voyage, wish I could join you! ❤🎉🚢🇨🇦

[cookieisacutie]

I think your channel is my favorite of all the Villa Vie vloggers. I look forward to following your adventures.

[joycefoose]

Villa Vie needs to hire you as their spokespersons. You are both knowledgeable and well spoken on your subject matter and I really enjoy listening to you. Looking forward to following you on your new adventures.

[seebunlim]

I look forward to following you on your adventures! As you’ve mentioned, you will get to go to smaller towns and not just the big cities. I love smaller, not-too-touristy places. Happy travels! ❤

[sandiegowildcat]

I would not assume the monthly will stay flat. Defies economic logic. 3 months in and they have already changed a few items. It would be helpful if you could explain how the 15 year contract works. What protections are built in if things dont go as expected? I really doubt there is going to be much of a secondary market for resale but you seem economically positioned to be able to walk away and lose the up front buy in as long as you dont get stuck paying the monthly fees.

[david]

You mentioned that the monthly rates will stay the same for the 15 year contract. In today times that doesnt sound possable. Just look back 5 years and you will see almost everything has gone up. Its called inflation. That is just the way it goes. Hourly wages go up and so do all other costs. Actually it is impossible for your costs to stay the same. If the ship owners are having money problems there must be a way for them to increase your monthly fees. Other wise they go out of business.

We live in a over 55 housing development. We own our home but pay monthly dues for the upkeep of the development. In those dues are also what is called Impounds. Everything in our development like gardeners, streets, club house, pool security is alloted a precentage of the monthly dues so there is enought funds to keep things up in the community when needed. For that reason our dues go up every couple of years to cover those cost. Same thing it going to happen on your cruise ship. I think you must really know that. I do enjoy yor

[bodyloverz]

Wait a minute, VVR have not kept their contractual word, on the $200 a day reimbursements, which now they want the residents, to "pay them back over $8, 000!" Plus, they want to charge a daily drink fee, which was included. The dining room is now to be closed five days a week, leaving only the buffet. They will raise your rates, no matter what your contract says!!!

[arleenwallace]

Really enjoyed your information and it gives me encouragement that my husband and I will be making the right decision when we are able to join the Odyssey. Thank you 🙏

[TS-pqkm]

What do you see as your payback period compared with your present travel budget. I would imagine it's somewhere around three years but I'm just guessing. On that basis if you get say 6 years you're ahead.
I think you have to look at the capital payment as an advance rent payment and then amortise it over the expected term.
To this you need to apply a risk factor reflecting the ability of the provider to perform.
Going forward I can see these products being more popular if there is a shared risk taker who guarantees your capital for say six years (on a reducing basis) and oversees the release of passenger capital to the operator on an agreed basis.
Looking forward to hearing about your travels and how you plan your port days in advance. Controlling your port day expenses while maximising your enjoyment is always a challenge
Great video... thanks for making it

[sandiegowildcat]

Do you receive any compensation or discount from Villa Vie? I like your channel and presentation style but important to me to understand if you are independent or in some way sponsored/supported by VV.

[ToddRileyRealEstate]

I would not put all your eggs in one basket with the Gurantee that your monthly fees will not change for 15 years. This is a New Company with an OLD Ship and them being able to hold costs for 15 years is doubtful. Recently the people who were waiting around for the ship to launch were given $200 per day per diem from the Company, only to find out when the ship launched they are attempting to reduce the per diem after the fact to $140 per day and sticking residents with $9000 pay backs to the Company. Go in with eyes WIDE open on this and adjust that budget for "escalations" of that fee in the future.

[georgettenorth]

Sorry guys, that contract isn't worth the paper it is written on. If people don't like you, they can cancel it. Unheard of. Things promised, not delivered. Renegging on an amount of reimbursement and calling it a maintenance charge before the ship sailed??? You know the rest.

[jamisibley]

New to your channel and happy to subscribe. Been following other Villa Vie vloggers and really enjoying learning about the lifestyle. Looking forward to seeing your cabin and hearing how the adventure goes for you! Wishing you all the best!

[WendyH]

I’m new to your channel & am so excited to watch your journey!

[maxchodos]

It sounds like you've really thought this out. I know that you are going to have a wonderful experience. Wish I could go with you. Bon Voyage!

[CruisingKim]

Can’t wait to follow you along on this journey!

[donnalembo]

Excellent video. Looking forward to seeing your adventures on the Villa Vie!

[baysideharpy]

A small cabin on a cheaply semi-renovated old cruise ship with ongoing mechanical and maintenance problems (is there any water in the pool yet?) is not an “investment” like a proper apartment, house or even a real villa. It’s a money pit. And believing that the monthly fees will remain fixed for the next 15 years is naive and unrealistic.

[aeyy]

The constantly changing camera angle is super annoying to watch. One camera angle please.