British travelers looking for luxury vacation Travel destinations in Europe have many fantastic options to choose from. But now a glamorous millionaires’ marketplace has revealed the continent’s most luxurious cities.

Monaco is the most luxurious city in Europe.

The Mediterranean hotspot of Monaco is a playground for many of the rich and famous and is known for its fantastic beaches and international car racing spectacles.

The city is also known for the world famous Monte Carlo casinos.

Monaco has an average monthly cost of living of € 47,853 (£ 41,152).

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A luxury vacation to Monaco is estimated at € 4,272 (£ 3,845) per person.

Life in Monaco was a whopping 148 percent more expensive than in the second most expensive European city, London.

Although the cost of living in London was the second highest on the luxury list, the British capital was rated only 13th most luxurious city in Europe.

Edinburgh was the top scoring city in the UK, ranking eighth on the luxury list.

The second most luxurious city in Europe was the Scandinavian city of Copenhagen.

The Danish capital is known for its gourmet restaurants, including 13 restaurants with a Michelin star.

Geranium is the only restaurant in Copenhagen with three Michelin stars and has been ranked the fifth best restaurant in the world.

The Scandinavian vacation destination was estimated to cost € 2,920 (£ 2,511) per person for a luxury vacation.

Paris has been ranked as the third most luxurious vacation destination in Europe.

The romantic French capital is known for designer boutiques, luxury spas and glamorous nightclubs.

Tourists visiting the luxury holiday destination can expect a first class package tour at € 5,377 (£ 4,623) per person.

Aaron Harpin, founder of HushHush said: “I have to admit I wasn’t surprised to see Monaco at the top of the list. I think we can all agree, nothing says luxury like Monte Carlo.”

The most luxurious travel destinations in Europe

1 Monaco

2 Copenhagen

3 Paris

4 Lisbon

5 Barcelona

6 Dublin

7 Amsterdam

8 Edinburgh

9 Munich

10 Oslo

11 Prague

12 Budapest

13 London

14 Vienna

15 Madrid