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T+L Reports: Floating Condos

Residence clubs went aquatic in 2001 with ResidenSea's launch of The World. Now that ship has competition: three other über-luxurious floating condos are set to sail by the end of 2008. With global itineraries, unlimited days in your own cabin, and all the benefits of a five-star resort, a sailor's life will be a merry one, indeed.

Ship Name: Magellan www.residentialcruiseline.com; 480/497-8833
Stateroom: Two-bedrooms from $1.8 million; monthly fees from $2,500
Amenities: Voyages that follow cultural events (think: Cannes); onboard hotel to offset costs
Special Features: All meals on the ship are included for residence owners

Ship Name: The Orphalese www.theorphalese.com; 888/287-7447
Stateroom: One-bedrooms from $1.9 million; monthly fees from $8,000
Amenities: Marina stocked with boats and Jet-Skis; garage-like greenhouse
Special Features: Full-time astronomer gives lectures in the ship's observatory

Ship Name: The Four Seasons www.oceanresidences.com; 305/438-7447
Stateroom: One-bedrooms from $2.5 million; monthly fees from $8,700
Amenities: Art gallery; travel coordinator; access to Four Seasons resorts
Special Features: Three design schemes and seven floor plans let you customize your floating lair

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