If you’re feeling the pinch this summer when it comes to booking a break, spare a thought for the rich and famous who are renting out their yachts to make some extra cash.

If you have a €220,000 to spare, you can hire for seven nights media mogul Rupert Murdoch’s yacht, Rosehearty.   The 183ft yachting beast comes fully equipped with its own crew, can accommodate ten guests, and you can even borrow the owners dive gear.  Now that’s what I call value for money.

Alternatively, for those travelling on more of a budget can book a break to various famous yachting port towns including Palma in Majorca, Antibes in France, Naples in Italy as well as the Greek Islands where you stand a good chance of doing some celebrity spotting.

In fact, Palma is home to one of the biggest marinas in Europe and has been known to attract the likes the Spanish Royal family, Antonio Banderas, Richard Branson as well as the late Princess Diana and Errol Flynn.

If you can’t afford to get on the water, then hang out in bars and restaurants where the rich and famous go in the evening. And in Majorca, try Puerto Portals or Port d’Andratx where you can dine like a celebrity (for around €50-€60), even if you can’t afford to sail like one.

Wednesday 19 August 2009 12:13 | Published by a.smith | Categoriy: Interesting Stuff