Forget mega-yachts - this mobile private island just upped the ante on billionaire toys

Migaloo Submaries

Part yacht, part private island, Kokomo Ailand is a new model for luxury on the high seas.

Yacht design has gotten pretty extravagant in recent years, but nothing compares to Kokomo Ailand.

More mobile island than yacht, Kokomo is a floating, semi-submersed vessel with a level of luxury that rivals a four-star resort. According to renderings, the "private floating habitat" features multiple decks and amenities, a sky-high penthouse suite, and even a beach club.

The company behind it, Migaloo Private Submarines, hasn't received any orders yet, but it claims Kokomo can be built to specification - immediately - with existing technology. According to a spokesperson, "the price depends strongly on the clients wishes."

Keep scrolling to see the renderings for this insane new billionaire toy.