Italian mini yacht-maker Jet Capsule has come up with  a concept for a saucer-shaped UFO that offers a an off-grid existence floating on the ocean.

It 12.5 meters (41 feet) in diameter, and has  a shower and bedroom that are located on the lower level of the UFO. It’s also  is tethered to the seabed with a special elastic anchor system. The top of it  shows the deck surrounding the orb-shaped living quarters, and, according to the company’s co-founders, Pierpaolo Lazzarini and Luca Solla, the UFO is made for for “living in a floating house and moving slowly around the world.” It has maximum speed of 3.5 knots (6.5 km/h, 4 mph), using a waterjet-propelled Torqeedo Deep Blue 1800 electric motor.

This motor is connected to a battery that draws energy generated from 40 sq. m (430 sq. ft.) of solar panels. More energy sources can be provided through optional wind and water turbines located on the top and below the main disc of the UFO, respectively, creating enough power to operate the home and motor.

The company says an onboard water generator would be used for converting rain or seawater to fresh drinking water, as well as watering a vegetable garden located on a deck that encircles the structure and measures 12.5 m (41 ft) in diameter.

Two half-spherical shells of fiberglass make up the two stories of the interior housing, and it also has flexible floor plans for various configurations.  The home will consist of a transformable kitchen and dining/living area on a 20-sq. m (215-sq. ft.) top level, with stairs leading down to a 10-sq. m (107-sq. ft.) submerged lower level with bathroom and bedroom surrounded by a large window for viewing sea life.

It also has a special anchor system.

Investors are currently being sought-out to build the first working prototype. which is estimated to cost approximately US$800,000, with homes produced after that estimated at $200,000