Tour this mobile private island that just upped the ante on billionaire toys: VIDEO

(credit: Migaloo Submarines)

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

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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 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 representative, “the price depends strongly on the client’s wishes.”