Luxurious Submersible Yachts: Austrian Innovator's Ambitious Project
Discover the visionary plans of Austrian company Migaloo to create a 165.8-meter submersible superyacht capable of extended underwater stays, catering to the elite clientele of billionaires.
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In recent years, there has been a rise in the popularity of billionaire basements. These are underground extensions to the homes of the wealthy and well-known, providing them with a space to bunker down and enjoy a lavish lifestyle.
An Austrian company is now looking to expand the thrill of deep-sea exploration to the realm of superyachts. They are working on creating personalized private submersibles that can go as deep as 250 meters (820 feet) below the ocean surface and stay underwater for up to four weeks.
Migaloo has shared its grand vision for what it describes as the “world’s first and only private submersible superyacht.” This unique offering aims to provide a new and unmatched experience compared to traditional large surface vessels owned privately.
Billionaires’ playground
Migaloo
The submarine, known as M5, is planned to be 165.8 meters long and 23 meters wide at its widest point. It will have a range of about 15,000 kilometers and can reach speeds of up to 20 knots when above water (or 12 knots when submerged). However, Migaloo mentions that the exact dimensions, exterior style, and interior design of the submarine-yacht hybrid will be based on the preferences of the owners.
Like any top-notch superyacht owned by billionaires, the standard design features a helipad, a luxurious swimming pool and spa, a fully-equipped gym, an art gallery cinema, a party area with a DJ booth, as well as ample lounging and dining spaces. Optional additions include a hot air balloon and an underwater shark-feeding station.
In addition, there are sub-tenders available for up to 12 guests to embark on smaller submarines for extra aquatic adventures.
‘Private submersible fortress’
The vessel could remain submerged for up to four weeks at a time.
The vessel could remain submerged for up to four weeks at a time.
Migaloo
CEO Christian Gumpold from Migaloo's website mentioned that owners seek privacy, security, and protection for themselves, their guests, and their valuables. A US partner, SAFE, will provide customized security systems, ensuring "beyond military-grade protection" for a "private submersible fortress."
As for the cost of this private water wonderland, there is no set price due to the various customization options available. However, the estimated price for the Migaloo M5 is around $2 billion initially, not including maintenance expenses.
Submarine dreams
The M5 submarine draws on reliable technologies found in motor yachts and submersibles, like double-hull construction and multiple pressure hulls, which enhance safety and feasibility. The big question lingers - who has the funds to purchase this underwater hideout fit for a Bond villain?
Aston Martin previously unveiled a $4 million concept submarine in 2017, joining other attempts to create luxury underwater vessels. Migaloo, known for its extraordinary projects, grabbed attention in 2015 at the Monaco Yacht Show with plans for Kokomo Ailand, an 80-meter-tall private floating island featuring a waterfall that can be sailed.
The future of the Migaloo M5 concept vessel remains uncertain. Whether it will become a reality or remain just a dream is hard to predict. If you're interested in owning one, it might be a good idea to start saving up now.
Editor's P/S:
The concept of billionaire basements and private submersible superyachts is a testament to the extraordinary wealth and lavish lifestyles of the ultra-rich. These subterranean bunkers and underwater vessels provide a sense of seclusion, security, and unparalleled luxury. The Migaloo M5, in particular, stands out with its ambitious design, state-of-the-art technology, and customized security systems.
However, the practicality and affordability of such extravagant projects remain questionable. The estimated price of $2 billion, excluding maintenance costs, is prohibitive for all but a select few individuals. Moreover, the environmental impact of these massive vessels and their potential use for questionable purposes raise ethical concerns. Whether the Migaloo M5 will ever materialize remains to be seen, but it certainly sparks a fascinating discussion about the limits of luxury and the priorities of those who can afford it.
