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Hyperyacht is Monaco on water

world Updated: Jan 14, 2011 00:51 IST
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Money can’t buy you taste. This universal law is amply confirmed by the news that a £700m “hyper yacht” called the Streets of Monaco is on the drawing board of Derby-based ship designers Yacht Island Design. Whether it will ever get off that drawing board and into the sea is yet to be decided.

Aimed at the billionaire who, unable to get enough of being moored off the real Monaco, needs to sleep aboard a mock one, the 155-metre yacht offers all a bored tax exile could ever need. The mock facades of Monaco’s landmark buildings “reflect the style and sophistication of the principality”, according to the designer.

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