Unique Luxury Living on Residential Bargesby Oyster Pier

Living in an old coal barge may not sound that appealing, but after you’ve seen this awesome project by Oyster Pier, you will actually find the idea quite exciting. Because luxury properties on land have seen a significant increase in prices, these floating homes on the Thames in London represent an absolutely excellent alternative to traditional residences.

The penthouse that you see in these pictures is the first project of its kind, and nine more similar ones have also been moored on the river by the same company. It is a 2,300 square foot plush home that actually costs a fraction of what a similarly sized and appointed apartment would cost on land. It is priced at £1.7 million (approx. $2.6 million) – an excellent price for world-class conditions.

The Dutch barge is called Vega IV, and it used to transport coal back in its youth days. Now, at 64, it is a retired and very posh residence with heated floors, home cinema system, top-notch kitchen, three luxe bedrooms, walk-in wardrobe, lots of entertaining space and even a fully-functional engine that can push it through the waves at up to 10 mph.

The buyer will also enjoy luxe services from the nearby 5-star Hotel Rafayel, including an on-call butler and room service. With smashing interiors by TS Rigging, the project has already caught the attention of celebrities such as explorer Sir Ranulph Fiennes and singer Brian Adams. Did it stir some interest in you as well?