Avora Residences has acquired the Seven Seas Navigator from Regent Seven Seas Cruises.

The vessel will debut in January 2028 as Avora Lumina, serving as the flagship of Avora’s residential platform designed specifically for long-term living at sea, the company said in a statement.

“Residential cruising has proven its viability,” said Mikael Petterson, Founder of Avora Residences as well as Villa Vie. “Avora Lumina represents the next evolution — purpose-built for long-duration global living, expedition capability, and a more refined residential experience.”

The transaction builds on the proven residential cruising model and strategically positions Avora between Villa Vie Residences’ contemporary residential cruise offerings and The World, according to a statement from Avora.

The ship was acquired on a nine-year charter deal with a nominal purchase option, according to a press release. It also creates a long-term operational agreement with Norwegian Cruise Line Holdings (NCLH), according to a press release.

NCLH had previously had an arrangement to sell the Navigator to Crescent Seas, in addition to an Oceania ship, with the deal falling through.

As part of this relationship, Avora plans to preserve the operational DNA of Seven Seas Navigator wherever possible, maintaining established systems, standards and key vendor and service relationships that have defined the ship.

“Our philosophy is evolution, not disruption,” said Kathy Villalba, Co-Founder & CEO 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.”

Ahead of its 2028 launch, Avora Lumina will undergo a full residential conversion. Planned upgrades include personalization and residential enhancements, reimagined common spaces optimized for long-term living, a dedicated business and global connectivity center designed to support extended voyages.

Residences range from approximately 300 to 1,173 square feet and will feature premium finishes, expansive ocean views, and opportunities for personalization.

“These are not cruise cabins,” Petterson said. “They are designed as floating homes — primary residences that travel with their owners for years at a time.”

The Avora Lumina intends to launch from Lisbon, Portugal, embarking on a three-year continuous global circumnavigation, visiting more than 140 countries and over 400 destinations across seven continents.
The ship will remain in port for up to five days at a time.

“We are building a resident-driven global platform,” said Chris Cox, President of Avora Residences. “After the first circumnavigation, owners will help shape where Lumina sails next. That fundamentally changes the residential cruise model.”

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
• Five-Year Ownership Program, starting at approximately $219,600, offering long-term residential access with a lower overall commitment.