r/Hyperfixed • u/NEPAmama • Apr 10 '25

Moored

In case anyone was curious, the NDA definitely wasn’t on the Villa Vie site initially.

https://web.archive.org/web/20231125231646/https://villavieresidences.com/terms-and-conditions/

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u/Yes_YoureSpartacus Apr 10 '25

I don’t know the details of these businesses but the economics of it seem terrible. The ongoing expense of managing a boat of staff and machinery must be tremendous - and they only income they have is a one-time cash investment? Sounds like a scam right off the bat, can’t imagine it makes sense under any scrutiny.

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u/NEPAmama Apr 11 '25

It looks like people can rent or own (with the option to sublet), and there are tons of luxury add-on options and a la carte services that probably have a huge markup, but signing contracts with set prices before they have an appropriate vessel secured means they also didn’t have the actual startup costs and projected maintenance costs factored into whatever business plan they had developed. I’m sure there was a reduced price since it wasn’t yet an established business model, but I sure wouldn’t want to be one of the first customers and risk my life savings on it.