Luxury and Monaco always go hand in hand, from the yachts in the harbour to the high stakes in the casinos, fast pace of the Grand Prix or the fine dining of the restaurants.

Monaco is a principality attached to France’s Mediterranean coastline and at just 2.8 square kilometres (200 hectares) it is the world’s second smallest country behind the Vatican.

The Belle Epoque splendour of the Casino de Monte Carlo sets the tone for the wonders of Monaco, and properties in the Carre d’Or area around here match the magnificence of the surrounds.

Other popular attractions include the medieval lanes of Le Rocher, the beauty of the Palais Princier de Monaco and the Jardin Exotique, and the iconic Port Hercules harbour.

Avenue Princess Grace hugs the harbour front and is perfectly placed to invest in a top class property in Monaco as a result. In 2014 a three-bedroom 200 square metre apartment in this street sold for €16 million and properties regularly cost more than $100,000 per square metre, attracting stars such as Lewis Hamilton and Roger Moore.

The 560-foot Tour Odéon is the newest skyscraper to grace the Monaco skyline. With 70 luxury flats, swimming pools, a health centre, caterer, 24/7 concierge service and a private chauffeur, it sets new standards in luxury living. The Sky Penthouse – taking up the 45th to 49th floors – is its biggest and best home, worth about $387 million.