Storylines latest MV Narrative vessel provides the rare opportunity to indulge in a luxurious aquatic lifestyle year-round | Source: Storylines

Life at Sea: Opulent Residential Superyachts Set to Take Sail in 2024

The idea of cruising the world, making extended stopovers in exotic locations in between sunbathing and fine dining is an old one, cruise ships have been providing their passengers with enviable seaborne experiences for many years.

But living permanently in your very own floating apartment is relatively new.

Two luxury residential yachts, set to be completed and make their maiden voyage in 2024, a “residential community at sea” the MV Narrative, being built in Croatia and a luxury “yacht liner” from Somnio, being built in Norway, promise to help you realise the dream of living at sea.

The MV Narrative will offer residences ranging in price from around A$530,000 up to A$10.5 million and on the exclusive Somnio, apartments will start at over A$14.5 million.

Storylines’ MV Narrative

Storylines is offering fully furnished one to four-bedroom apartments, along with studios and two-story penthouses mostly as outright purchases, with a limited number of 12 and 24 year leases available.

The residences can be rented or sold just like any other type of residential property and the company is also offering resident owners a perpetuity clause, meaning they will be able to roll ownership over to a future ship, making the apartments a long term investment.

Exterior rendering of Storylines’ MV Narrative | Source: Storylines

Residents will be charged a “living fee” ranging from A$65,000 to A$200,000 per unit annually which will pay for everything needed to keep the ship running.

The MV Narrative will have various amenities and attractions, making a life at sea as comfortable and entertaining as possible. With 20 dining concepts and bars, a microbrewery, three swimming pools, a 10,000-book library, a movie theatre, a state-of-the-art wellness centre, a bowling alley and a solar-powered hydroponic garden farm mean residents will be well catered for.

Source: Cruisemapper
Rendering of swimming pool at the Storylines’ MV Narrative.

The 225-meter vessel will begin a round-the-world 1000 day maiden voyage in 2024, stopping at each port for an average of three to five days, visiting every continent.

There will be a number of “resident’s choice” days along with the scheduled stops, residents will be able to request stops and customise the route taken by the ship.

Founder and CEO Alister Punton says a number of the 547 units have already been sold and he expects them to sell out in 2022. Prospective residents are interviewed to make sure they are a “good fit for the community” and “understand all the founding principles.”

Exterior rendering of Storylines’ MV Narrative | Source: Storylines

“Storylines is a true community, and a community needs everybody,” he said. “You need different types of people from all walks of life to make that community.”

“We have retirees and children and everyone else in between, including younger digital nomad types,” says Punton. “And a lot of families are coming on board. In this arena, it’s those in their 30s and 40s with young children. We’ve got the whole range.”

The ship will host fully-staffed medical and educational facilities to cater for the range of residents and will have an onboard post office and pharmacy.

Somnio Residential Yacht

Something between a cruise liner and a superyacht, the Somnio will “create a niche in the market by itself – a Yacht Liner” according to the design firm behind the project, Winch.

The vessel will include “facilities, amenities and itinerary you would expect from a luxury cruise liner” but with 39 customisable apartments starting at A$14.5 million it is being built to cater for those seeking the luxury yacht lifestyle.

Onboard attractions are lavish; a panorama lounge, a 10,000-bottle “wine den”, a variety of restaurants and a huge beach club complete with its own marina make the vessel a millionaire’s playground.

The 39 apartments will range from 150 square meter one-bedroom apartments to 600 square meter apartments large enough to fit 3 or 4 bedrooms, dining rooms and living areas.

Source: Winch Design

While each bespoke apartment will include a fully equipped kitchen there will also be onboard room service and a range of restaurants for residents to choose from.

One of the advantages of buying an apartment on the 221-meter Somnio will be the fully customisable interiors, owners are able to issue their own individual design brief and choose features including a private massage room, gym and private office.

Source: Tillberg Design

There will be space for 170 crew to see to the owner’s every need with the possibility of a private concierge for each apartment as well as medical facilities and a fleet of tenders to go ashore in an emergency.

Ownership will be exclusive, with a steering committee selecting owners based on Somnio’s vision to bring together a “community of like-minded individuals.”

“Owners will share a truly unique lifestyle at sea, with a hand-picked crew and a never ending global itinerary of carefully selected destinations and experiences befitting a yacht of this nature,” said captain Erik Bredhe, the former captain of M/V The World and one of the founders of the Somnio residential yacht.

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