ORSOS Floating Island for Only $4.6 million

One company is giving wealthy consumers the chance to own a private island, sans the sand, rocks and monumental price tag. But life aboard an ORSOS Island doesn't exactly come cheap, either.

The luxury craft alone will set buyers back about $4.6 million, Elite Daily reports. The floating island offers more than 10,000 square feet of living space and enough rooms to accommodate 12 people, as well as up to four staff members.

According to the company's website, the ORSOS Island, which is touted as a mix between a yacht and a mainland home, has several environmentally features including solar panels, a noiseless wind energy system and heat recovery from water that serves as "the basis of heating and air conditioning."

The product is still in its prototype stage but a public reveal is set for some time in 2013, according to Elite Daily. Gizmag notes the idea of a floating island regained popularity about four years ago with the introduction of "an island-themed megayacht" called Wally Island, which was priced at about $200 million.

The concept is well liked because some floating islands can offer environmentally friendly features, General Manager of Dutch Docklands Maldives told Gizmag.

Floating Island An Austrian company is giving wealthy consumers the chance to own a private floating island. But life aboard an ORSOS Island doesn't exactly come cheap either setting buyers back about 5.2 million Euro ($6.5 million).

The floating island offers more than 10,000 square feet of living space and enough rooms to accommodate 12 people, as well as up to four staff members. Measuring 66 feet by 121 feet (20m by 37m), the "Orsos Island" has no engine but can be anchored anywhere its owners choose and then towed to another location if they wish. Austria