Are the days of the super yacht coming to an end? Not likely, as there are many luxury yachts traversing the oceans and seas at any given time. Celebrities and other wealthy people love their time away from land in their personal yachts.

A new breed of luxury yacht is making an appearance on the horizon. This newly designed yacht is called the gigayacht. The gigayacht is an entirely new classification of yacht. WallyIsland is said to be the first of the gigayachts. Plans for WallyIsland include a 59 ft wide deck to accommodate the extensive garden area.

Luxury yachts, also known as super yachts, are expensive, privately owned yachts that are operated by a professional crew. Yachts are recreational boats used for leisure and relaxation. They generally start at 32-35 feet in length and increase from there. The term "mega yacht" usually refers to a yacht that is more than 100 ft in length. In order for a yacht to achieve "luxury" or "super" status, it must be at least 200 ft in length.

One of the most famous super yachts in the world is the super yacht owned by the Sheikh of Dubai. The Sheikh's 'Platinum' is an impressive 525 feet long and powered by four 9000 horsepower diesel engines. The actual price tag of 'Platinum' has not been disclosed, but some estimate the price to be in excess of $300 million.

Another famous super yacht still under construction is that of Chelsea Football Club owner, Roman Abramovich. Upon completion, Abramovich's yacht is rumoured to be 550 feet and an estimated 200 million sterling. The super yacht will have space for two helipads, a private cinema and a submarine. Abramovich currently owns a small fleet of luxury yachts widely known as 'Abramovich's Navy'.

Possibly the most famous of all super yachts is The Royal Yacht Britannia. Eighty-third in a royal line of yachts, Britannia proudly served the Royal family for 44 years. During its time, the yacht safely delivered The Queen and the Royal Family to 968 official destinations. The super yacht is now moored in the historic port of Leith in Scotland.

Now, the gigayacht isn't the largest yacht ever made, but it is created to be the greenest. The main deck is designed with the comforts of your own floating estate in mind. The deck consists of a swimming pool, a beautifully landscaped garden and the foliage of your choice. The gardens will be kept healthy and green by an onboard irrigation system.

The extra-wide deck space gives the gigayacht a much larger feel than yachts nearly twice its length. A roomy 1,000 square meter deck space allows room for gardens, fountains and even outdoor sports. A comfortably large swimming pool also adorns the main deck.

The inside of the gigayacht will be just as impressive as the outside. The five accommodation decks include a saloon, dining room, library, cinema, and spa and fitness area. Sleeping quarters aboard WallyIsland include the owner's suites and space for up to 40 crew members and 24 guests. As one would assume, the suites are rumoured to be spacious and comfortable.

The enormous fuel tanks hold 750,000 litres of fuel, giving the owner the opportunity to stay out of port for an amazing 15,000 nautical miles. This yacht comes fully equipped with everything one would need to maintain life on your own private floating island for five years.

The price tag associated with the gigayacht is expected to meet or exceed current luxury yacht prices. Don't let the actual price disappoint or intimidate you. Although an official price has not been named to date, it is believed the gigayacht will remain under $200 million. This is a very competitive figure when compared to similar yachts.