When it comes right down to it, $3.7 million dollars may be a bit much to spend on a floating investment property, especially if you intend to use it yourself part of the time and can’t make the money back.
If you’re looking for a cheaper way to buy into floating investment properties, consider floating houseboat communities. These condos still have all of the creature comforts of home—new appliances, balconies, closets, nice bedrooms, a storage location for your boat—but don’t feature the prohibitive cost of cruise liner condos.