Every year, the Principality of Monaco's tiny harbour is transformed into a colourful display of the world's most expensive private yachts. Aficionados from around the world gather to view and buy finely-crafted boats worth millions of Euros. In a time of financial turmoil, is there still a market for these sophisticated floating castles? The Luxury Channel gains access to a rarefied world where, for a certain market, high sea dreams can still come true.

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