Condo This! Condominium Ownership Model Goes Beyond Traditional

 For seven years, Mira Calton and her husband, Dr. Jayson Calton, owned a  floating home, one of the 165 privately-owned residences on The World, a  644-foot yacht that continuously circumnavigates the globe. Owning a home on  the yacht, whose home port is Miramar, Florida, is similar to owning a  cooperative—Calton and others purchase a unit by purchasing shares in a corporation. While  most cooperative and condominium units around the country are in traditional  buildings, there are properties, like The World, that follow a non-traditional  style of ownership.  

 “The amount you pay depends on the square footage of your unit,” says Mira. The World offers studios, one-, two- and three-bedroom suites, where  pricing starts in the mid-six-figures and goes to several million dollars.  Owners pay for the unit as well as a monthly fee for upkeep and amenities. And,  oh boy, the amenities!  

 “It’s amazing because where can you live where someone asks to bring the grand piano  by the pool and do a private show and bring champagne? But you’d better like your spouse, because you’re spending full-time with them,” says Mira.  

 “It’s the only place in the world where you wake up and your backyard is someplace  different—Shanghai, China, Papua, New Guinea, or someplace else,” says Jayson, a nutritional doctor. “It never gets boring.”  

 Living it Up

 The Caltons live the life that many only dream of. While dating, they both  retired at an early 33 years old, eager to travel around the world. “We were married on the ship and used our times in the 135 countries to see how  food plays a role in your health,” says Mira, a nutritionist.  

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