£24,000 plus an admin fee for a slice of luxury liveaboard action

Luxury waterside homes in Salcombe don’t come round too often, so this extraordinary floating apartment from the USA is bound to attract some attention.

There’s a hot tub and bar on the roof, a luxury interior that can sleep eight in four bedrooms, plasma TV and even a built-in waterslide.

Each boat is divided into 30 shares and buyers choose one week every year, which they can use themselves, swap for another week or rent.

Every week costs the same initial price of £24,000, but the more popular summer months come with a higher annual fee, which starts at £479.

The deal includes daily maid service, baby-sitting facilities, a water taxi and food delivery.

The craft is replaced with a new one twice in the 30 year term, after which it is sold and the owners share the proceeds.

Interest in the shares is rocketing with many sold already. The Salcombe craft, which is the first in Europe, is moored in The Bag, a quiet spot mid-way up the inlet and just a few minutes’ water taxi ride from the town.

Owners can also make use of other H2O apartments in the USA and planned sites in Europe.

Register on the website www.h2oresorts.co.uk for a chance to win a week on the Salcombe floating apartment.