by Sarah Kuta
Last updated: 2:00 PM ET, Tue March 3, 2026
Residential cruise line Avora Residences has officially chartered Seven Seas Navigator from Regent Seven Seas Cruises.
After undergoing renovations, the vessel will debut in January 2028 as Avora Lumina, serving as Avora’s flagship for long-term living at sea.
“Residential cruising has proven its viability,” says Mikael Petterson, founder of Avora Residences and Villa Vie Residences. “Avora Lumina represents the next evolution—purpose-built for long-duration global living, expedition capability and a more refined residential experience.”
Avora Residences has entered into a nine-year charter agreement with a nominal purchase option with Norwegian Cruise Line Holdings, the parent company of Regent Seven Seas Cruises. Avora plans to preserve the operational DNA of Seven Seas Navigator wherever possible, maintaining established systems, standards and key vendor and service relationships.
“Our philosophy is evolution, not disruption,” says Kathy Villalba, co-founder and chief executive officer of Avora Residences. “Navigator has a soul—built through years of disciplined operations, experienced crews and trusted relationships. We intend to honor that legacy while transforming the ship into a true long-term residential platform.”
Avora Residences will offer two ownership pathways: life-of-ship ownership, with pricing ranging from approximately $545,000 to $4.2 million across 242 private residences; and a five-year ownership program, starting at approximately $219,600.
The ship will launch from Lisbon, Portugal, embarking on a three-year continuous global circumnavigation that includes visits to more than 140 countries and more 400 destinations on all seven continents. Avora Lumina will offer residences ranging from 300 to 1,173 square feet.
“These are not cruise cabins,” says Petterson. “They are designed as floating homes—primary residences that travel with their owners for years at a time."
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