Spending outrageous amounts on privately-chartered flights, luxurious super yachts and large rented estates is the norm for the ultra-wealthy when they’re vacationing around the globe. No expense is spared when it comes to holidays and sunny Ibiza seems to be at the top of the preferred destinations. The tropical island has everything for a relaxed and discreet time, including a £19-million villa that can be rented out for complete privacy and exclusivity.
Situated in a gated community, the fabulous estate boasts such spectacular features like an open-plan kitchen that opens into the outside infinity pool and 360-degree views of the bay and ocean. Amongst some of the more famous neighbours are mega rich CEOs as well as celebrities Kate Moss and Madonna. Of course, at £19 million, the holiday home is not for everyone, but there is also the option to rent it for £70,000 a week. It has a cinema room, a gym and separate service quarters, and is located in a part of town dubbed ‘Disneyland for adults’.
Getting to Ibiza is another thing the rich do differently than regular people with private yachts whose price easily reaches £150 million. With an average crew of 30 people, maintenance costs can skyrocket the price of owning one pretty quickly. Recent years have seen more and more celebrities and wealthy individuals preferring to rent super yachts for up to 100,000 Euros (£70,000) a week instead of investing in owning their own. With spacious bedrooms, closet space, on-board kitchens, dens and entertainment rooms – guests can spend up to weeks at sea without getting bored.
£50-million super yacht Fathom, property to hotelier Vikram Chatwal, is amongst the more popular vessels to be rented out as its lavish interior meets all needs of celebrities, entrepreneurs and royal families alike. Sailing on board of Fathom is likened to a stay at a 6-star hotel in London or Dubai with round-the-clock service to ensure guests enjoy their stay while retaining their privacy.