Self-proclaimed travel expert Gabor Orsos is working on a prototypical floating island that will set you back around $5 million to snatch up your own private paradise.

The floating structure is being called Orsos Islands and is being made by the Austria-based company Orsos Islands GmbH.

The origin of the Island lies in my many years of experience in both, the hotel and fine dining fields, as well as the real estate and tourism industry. In the beginning, my goal was to create an exclusive, high-quality hotel chain based on floating platforms, Orsos says on his website. With the progress of the project it became clear that the attractive and unusual concept of Orsos Islands should not be limited to only a selected group of people.

Up to 12 people can fit on the floating island, which boasts an outdoor sun deck, barbecue buffet, bar area, lounge and Jacuzzi -- and that's just the top deck.

Orsos Islands also features six double rooms, an aquarium, laundry room and a workshop.

Gabor Orsos says his floating islands are a more cost-effective, common-sense alternative to purchasing an actual island or beachside property. Since the islands float, they can be moved wherever the owner desires.

This allows one to avoid economic, political and infrastructural risks, according to the Orsos Islands website.

The floating island produces its own energy and drinking water, saving owners on operating costs.

We offer you the possibility to withdraw yourself on Orsos Islands and avoid the classical tourism so that you can enjoy a personal and unforgettable holiday experience, Gabor Orsos says. It is my ambition to make perfectly designed living space in the most beautiful and exciting places in the world through Orsos Islands.

The floating island is being pitched to both wealthy private individuals and the hotel industry, according to the company's website.

Those with enough cash for the floating island's $4.5 million price tag can buy the island, which comes with training sessions on how to use the island as well as a personal caretaker.