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World’s Most Expensive Yacht Will Be A Floating City

January 17, 2011

A new yacht expected to recreate Monaco is on track to become the world’s most expensive yacht at $1.1 billion.

The 508-foot “Streets of Monaco” yacht will be modeled after a section of Monte Carlo.

The ship will feature smaller versions of the state’s famous landmarks like Monte Carlo Casino and racetrack, as well as swimming pools, tennis courts, a cinema, a go-kart track and a Hotel de Paris.

The ship will have buildings instead of traditional decks, and will have a beach instead of a swimming platform. 

Travelers will also see waterfalls, a swim-in Jacuzzi bar, helicopters and submarines on board.

The ship could be home to 16 guests and 70 crew, with the main apartment spread over three floors and 4,789 square feet.

The Atrium will link lower and upper living areas.  These areas will feature seven guest suits, a bathroom, bedroom, dressing room, reception and balcony.

Yacht Island Design is creating the boat, and the idea was sparked by car racing and developed into something more innovative.

“It is basically a floating city,” company director Rob McPherson said.

“The design theme called for a unique yacht that reflected the style and sophistication of the principality.”

“We want to create a truly unique environment that could take the principality of Monaco to the ocean.”

Roman Abramovich’s Eclipse yacht was the most expensive in the world at $1 billion.

Yacht Island Design will build a smaller 278-foot yacht based on a Pacific Island theme in its second creation.

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