World’s most luxurious ship will be life-changing (literally)

You have obviously heard of tour packages that satisfy vacation dreams, but have you ever heard of a life-changing tour? No, not the expression, but literally life-changing? Well, an affiliate of Utopia Residences of Beverly Hills has executed a binding letter of intent to build a luxury residential ocean liner, where passengers, call them residents, on the ship will be able to take all their belongings with them in their private homes as they travel onboard the grandest ship in the world. Measuring 296 meters and over 105,000 gross tons, Utopia will have 200 luxury residences ranging in size from 130 to 613 square meters along with a 204 room boutique luxury hotel, casino, spa, theater, night club, swimming pools, marina, signature restaurants and private residents club. If that’s not enough, the ocean liner will travel to ports during major cultural and sporting events such as the Cannes Film Festival, Monte Carlo Grand Prix, the Olympics, Carnaval, Hong Kong Dragon Boat Festival, Melbourne Cup and other major events of international acclaim. Well, to make the luxury this gallant and glorious, Samsung estimates the value at $1.1 billion and hopes to deliver the same by 2013, but you’ve gotta hurry and contact Utopia Residences to purchase homes onboard the ocean liner.

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World’s most luxurious ship will be life-changing (literally)

Norman Foster launches his first $24 million superyacht for timeshare.

The experts believe that the fractional ownership market will be one of the first industries to recover when the economy goes on rebound. For those who have made a move toward fractional ownership, British architect Lord Norman Foster has launched his much-awaited first superyacht, the Ocean Emerald for YachtPlus. The 41-meter contemporary superyacht has been designed with a strong emphasis on space and light and has five suites for up to 12 guests, with a crew of seven. The bespoke yacht features furnishings and fittings by Italian manufacturer Cassina, and kitchen and galley equipment by Schiffini. The four-deck yacht also features jet ski storage, a submergible beach deck and a glass-walled main saloon offering 180 degrees of unrestricted views. All arrangements from bookings to transport, private jet, helicopter transfers and onboard requests will be taken care of, thereby further enhancing the ultimate experience in hospitality, service and luxury. The Ocean Emerald will be the first of four identical Foster + Partners designed superyachts to be launched by the company over the next two years. A one-eighth purchase on one of the four yachts will cost €1.87m, which will entitle the owners 30 nights a year onboard. Alternatively, those wishing to only purchase a half fraction – a 1/16th share – will pay €975K for 15 nights a year onboard. Apparently, Norman’s net worth has plummeted from £250 million to a paltry £170 million over the last year.

Via: FastCompany/Foster+Partners

Norman Foster launches his first $24 million superyacht for timeshare.

Arab MONEY! Saudi Prince Mohammed bin Abdulaziz buys a 65-meter megayacht !

Despite the reports that the wealthy strata of the society is shying away from disclosing their luxury purchases, royalty knows no bounds. Prince Mohammed bin Abdulaziz of the Saudi royal family known for his ostentatious spending habits, has recently added a new 65-meter (213-foot) megayacht to his fleet of yachts. Nourah of Riyadh, is the largest motoryacht built to date in Turkey. The megayacht features opulent interiors done by Donald Starkey with gold-plated fixtures including taps and toilet. The yacht includes: six guest staterooms, accommodations for 21 crew, 20-person dining hall, main hall, 1 captain cabin, a king room, jacuzzi, a private cinema, 120 square meters of sunbathing and swimming platform, two elevators, and a helipad. The yacht was built at Yachtley, a shipyard located in the Kocaeli Free Zone. Turkish Foreign Trade Minister Kürşat Tüzmen was present at the handover ceremony says his country intends to remain at the forefront of yacht construction. “This is a clear sign that we are growing fast in shipbuilding. Our experts have already started preparations to build a 75-meter yacht here in Kocaeli.” Reportedly, the yacht has been built for a cost of 50 million Euros (approx. $65 million).

Via: MegayachtNews/Patronturk

Arab MONEY! Saudi Prince Mohammed bin Abdulaziz buys a 65-meter megayacht !