ART OF TRAVEL



The worlds finest ship also known as a home

value for money competitively priced

With Raffles, legally and financially, unambiguously owned only by its 122 occupants it provides an attractive alternative to a purchasing a beach front apartment in St. Tropez, or Hawaii - a custom Dutch built 84ft steel hull trawler yacht – a 60ft plastic production RTW yacht, or, more directly a lease on an apartment on the other residential ships out there.

To buy outright, a 120m2 apartment on Raffles with another 15m2 storage, costs about 1/3 as much as the equivalent accommodation on other residential vessels and on them you would only be getting a 50 year lease! A Raffles apartment costs about a ¼ that of an 84ft custom yacht and approximately the same as a 60ft Grand Banks produced in Singapore. However like the two yachts, buyers do actually own Raffles outright and do not just lease it for 50 years!

The 10 Penthouse, each between 260 and 410m2 will, it is anticipated, be very attractive, providing significantly more useable space, a wider range of amenities and far higher levels of safety than is available to owners of “smaller” 35+m super yachts. Like a yacht though, the Penthouses can be arranged, fitted out and furnished to the owners individual desires. However they do, of course, cost more than a Standard Apartment.

At a 7-star standard of luxury, compared to the other residential vessels – 5 stars, and the Grand Banks’ 2 or 3-stars, Raffles provides a lifestyle more usually associated with mega yachts that today cost up to €12 million per passenger.  Raffles also has many additional amenities not found on any of these vessels.

With Raffles owned and registered in Isle of Man, for its owners there are no taxes, duties, rates or major insurances to pay so that apart from annual operating costs, to which all owners contribute pro rata per m2 of their apartment, the initial cost is also the last.

The day to day cares of ownership are mostly in the hands of its Captain and crew while onshore legal and financial matters are looked after by trustees from a world leading bank and firm of lawyers.