ShutterstockRossHelenNearly one in three people living in Monaco is a millionaire. Monaco, a sovereign citystate on the French Riviera, is known for its lavish wealth.

So, although, it's a lovely place to live, there are some big financial reasons behind many F1 drivers living in the Principality, which is ideal this weekend, given it's the Monaco Grand Prix.

Those living in the villas, of course, will have their own pools. Monaco was once cluttered with Belle Epoque–era waterfront homes, with almost 600 still standing in the early 1950s.

Lewis Hamilton may own luxury homes across the globe, but there’s one address that stands above the rest — Monaco. The ...

The quality and prices are great and it’s only 30 minutes away. You can feel a bit cooped up living in Monaco, so day trips and weekends away are a must.

Max Verstappen may be one of the highest-paid athletes on the planet, but even a jaw-dropping $14 million barely stretches far in Monaco — the world’s priciest real estate market. The three-time ...

Novak Djokovic, who is now living in the tax haven of Monaco with his girlfriend, Jelena Ristic, says that one of the reasons for his move was the lack of privacy in his home country of Serbia.

We have depths of 80ft-90ft or more,” he adds. Monaco is ever exploring ways to manage its mountainous terrain; tunnels, public lifts and pavement escalators are all part of getting from A to B.