The yacht "Air" in Bantry Bay. Pic: Denis Connolly

A €700 million luxury “superyacht” complete with its own helicopter has made an appearance in Bantry Bay over recent days.

The yacht called “Air” had previously appeared in Cobh and Cork sparking rumours that a celebrity superstar was on board, but so far no Hollywood A-listers have been seen ashore.

The yacht which costs a jaw dropping €750,000 a week just to rent is rumoured to belong to a Russian billionaire.

It has been spotted near Glengarriff, Bantry and Bere Island in the past week.