The world’s first residential superyacht and soon to be the largest yacht in the world, at 728 feet, is underway in Norway. The enormous, 33,500-ton “yacht liner,” dubbed Somnio, will contain a collection of 39 luxury apartments with prices starting at $11.2 million.
“Somnio, meaning ‘to dream’ in Latin, will be the largest yacht in the world by length and volume and offer apartment owners the finest quality available at sea,” Captain Erik Bredhe, co-founder of Somnio, said in a statement. “We are really looking forward to seeing this beautiful yacht liner sail in 2024.”
The 728-foot-long superyacht has an estimated build cost of $600 million, according to a press release. The world’s current record holder yacht, Azzam, is just under 600 feet long.
The project is being led by Carl Le Souef, who is in charge of Somnio Global, which bills itself as a sustainable technology organization. Swedish design company Tillberg Design and London-based Winch Design worked together on creating the residences and amenity spaces.
The apartments, spread across six decks, will all have a kitchen, gym, library, and dining spaces both inside and outside on the terrace, per the press release.
Buyers are promised a shared wine cellar and tasting room with 10,000 bottles, as well as restaurants, bars, and a beach club with watersports.
Somnio will give buyers “the intimacy of a private yacht alongside the chance to network in a vibrant community of like-minded owners,” its investors said in the unveiling on Monday, per the Financial Times.
“World-class medical care will also be available onboard, providing apartment owners with the highest level of safety away from pandemics and other global risks,” a statement about Somnio’s unveiling said, cited by The Daily Mail.
The superyacht is already being built in Norway, and revenues from off-plan sales are helping to finance the rest of the construction, according to the FT.