Monaco is known for its luxury and peace of mind. Its great evenings and its inhabitants come here to revitalize themselves. It is not uncommon to see the parade of wealthy people and their private drivers crisscrossing the city. As far as housing is concerned, it is often mistakenly thought that large metropolis holds a monopoly. When it comes to wealth, one could legitimately think that cities like New York or Paris are the leaders in the luxury housing market. It is in fact Monaco that is the first in the running.