How Much Does It Cost to Buy an Old Cruise Ship?

By Anna Duncan

Buying an old cruise ship is a big financial decision and can be a daunting task. The cost of buying an old cruise ship varies significantly, depending on the condition of the vessel, the size and age of the ship, and what it will be used for. In some cases, it may be possible to purchase a retired cruise ship for under $1 million, but more typically, expect to pay millions of dollars for an older vessel.

The condition of an old cruise ship will play a significant role in determining its overall purchase price. If the vessel is in good condition, with all its equipment and systems functioning properly, then it may be possible to find one for less money than if it requires significant refurbishment or repairs. It’s important to get a professional inspection done before committing to any purchase.

The size and age of an old cruise ship also affects cost. Generally speaking, older vessels tend to cost less than newer ships; however, they may require more upkeep or repairs due to their age. Larger vessels will likely cost more than smaller ones as well.

Finally, what you plan on using the old cruise ship for will also have an impact on the overall cost. If you plan on using the vessel as a private yacht or floating hotel then you’re likely looking at spending significantly more money than if you’re just looking for something that can be used as a charter boat or ferry.

Conclusion: Buying an old cruise ship can be an expensive endeavor but with some research and planning it is possible to find one that fits your needs and budget. The condition of the vessel, its size and age, and what it will be used for are all factors that influence the overall cost. In some cases it may be possible to find one for under $1 million but typically expect to pay millions for an older vessel.