12 of the Most Expensive Destinations in Europe That Are Worth Every Penny

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Are you looking to take a luxurious vacation to some of the most expensive destinations in Europe? Traveling through the continent can be a captivating experience, but some locations have a price tag that reflects their exclusivity and luxury.

From world-class experiences and fine dining to designer shopping and breathtaking scenery, these high-end destinations offer indulgence at every turn. Known for their elevated cost of living, luxurious accommodations, and extravagant activities, these places attract travelers seeking the best.

Whether you’re looking for opulent city life, beautiful natural landscapes, or vibrant cultural scenes, these European destinations promise unforgettable experiences—if you’re ready to splurge. Here are Europe’s 12 most expensive destinations.

Monaco

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Monaco is synonymous with opulence. It is known for its pristine Mediterranean coastline, glamorous casinos, supercars, and superyachts. Monaco’s wealth is noticeable whether you’re strolling along the iconic Monte Carlo Casino, attending the Grand Prix, or soaking up the sun at Larvotto Beach.

Moreover, the city’s setting is unrivaled. It is surrounded by rolling hills and azure waters, making it one of Europe’s most visually stunning destinations. While in Monaco, consider staying at Hotel de Paris Monte-Carlo, a prestigious 5-star hotel boasting magnificent views of the Mediterranean.

Besides, the hotel is near a casino and some of the city’s finest restaurants and boutiques. The hotel also has the world’s most extensive hotel wine cellar. Wine lovers, you would not be able to resist this hotel’s impressive wine collection.

Zurich, Switzerland

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Zurich, the largest city in Switzerland, is where old-world charm meets modernity. From the snow-capped Alps to serene lakes, this city has it all. Zurich’s historical significance is largely due to its strong banking sector and thriving luxury goods industry.

You can enjoy stand-up comedy performances at the Bernhard-Theater or visit iconic landmarks such as the Grossmünster and Fraumünster churches. A stay at Baur au Lac, a luxurious hotel with over 175 years of history, ensures that visitors experience the pinnacle of Swiss hospitality. The hotel is set along the shores of Lake Zurich.

London, England

London, England’s bustling capital, is renowned for its rich history, world-class museums, iconic landmarks, and luxury offerings. Luxury hotels like The Savoy, overlooking the Thames, are classic representations of London’s grandeur. Beyond accommodation, this city is famous for its Michelin-starred restaurants, making it an excellent destination for foodies.

Visitors also flock to London for its blend of tradition and innovation. Whether you’re admiring Buckingham Palace, catching a West End show, or shopping at Harrods and Bond Street, London is where history meets contemporary splendor. The city’s price tags reflect its status as a global capital of extravagance.

Paris, France

The mere mention of Paris evokes romance, art, fashion, and fine dining. Often referred to as “The City of Light,” Paris is a magnet for travelers seeking beauty and indulgence. As one of Europe’s most sought-after cities, Paris’s allure lies in its timeless architecture, charming neighborhoods, and, of course, the Eiffel Tower.

Luxury is part of the Parisian experience, and a stay at Le Meurice is the ultimate embodiment of this. Exploring Paris also means walking along the Champs-Élysées, shopping in Le Marais, or taking a romantic evening cruise along the Seine. The price tag may be high, but the unique experiences are worth the price.

Venice, Italy

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Venice, the floating city known for its canals, bridges, and charming palazzos, is among the world’s most unique destinations. Its prices are steep due to its popularity, limited space, and high demand for luxurious accommodations.

Staying at The St. Regis Venice offers an extraordinary experience. This hotel is in a privileged location on the Grand Canal and near famous landmarks like St Mark’s Campanile and Rialto Bridge.

Besides, exploring Venice’s tourist sites, such as St. Mark’s Basilica, the Doge’s Palace, and Rialto Bridge, is a journey through history, culture, and art. But be prepared: everything from gondola rides to private water taxis comes at a premium, making Venice one of the most expensive cities in Europe to visit.

Copenhagen, Denmark

The Danish capital, Copenhagen, has carved a niche as a leading destination for high-end travelers seeking a more understated luxury. The city’s wealth is reflected in its prices, from high-end shopping in Strøget to dining at Michelin-starred restaurants.

Copenhagen is also known for its impeccable urban design and architecture, with neighborhoods like Nyhavn offering picturesque canalside views lined with colorful houses.

For accommodation, the Nimb Hotel stands as Copenhagen’s premier luxury hotel. This 5-star hotel is next to Tivoli Gardens and is hosted in an elegant Moorish-style building.

🏨 Book this hotel here

Saint Tropez, France

Located on the French Riviera, this once humble fishing village has transformed into a playground for the rich and famous. The stunning azure waters of the Mediterranean and the picturesque port lined with superyachts are just part of the charm.

Its pristine beaches, like Pampelonne Beach, invite you to soak the sun in style. And if you’re visiting during the summer, you’ll witness an extravagant array of yachts, lavish parties, and world-class dining.

The Hôtel Byblos is a legendary 5-star hotel that combines Mediterranean charm with unrivaled luxury. It’s the place for celebrities and elite travelers, offering an outdoor heated pool, a modern spa, and a gourmet dining experience.

St. Moritz, Switzerland

Switzerland has consistently ranked as the world’s most expensive country, and it is not a shock to see another Swiss city feature in this list. Popular for its world-class skiing and winter sports, St. Moritz is a resort town frequented by skiing enthusiasts.

However, this destination is about more than winter fun. St. Moritz also boasts beautiful hiking trails, alpine lakes, and events like the White Turf horse races and the Snow Polo St. Moritz.

Moreover, the surrounding scenery features majestic snow-capped peaks and crystal-clear lakes, making this town a year-round destination for those who appreciate nature. If you are here for a luxurious retreat, book a stay at Badrutt’s Palace Hotel. This establishment has been an icon of grandeur since 1896 and boasts stunning views of the Swiss Alps.

Mykonos, Greece

Many would argue that Mykonos is the most expensive Greek island because of its popularity. I mean, every international tourist wants to have a slice of this Greek paradise.

Besides, this island has long been a favorite destination for international jet-setters, as it offers breathtaking natural beauty and a sophisticated social scene. Mykonos has much more to offer, from vibrant nightlife, beautiful beaches, picturesque small towns, and a stunning coastline. With so much to do and see, Mykonos is certainly worth the high price tag.

While here, you can take pictures next to iconic windmills overlooking the town and spend time at luxurious beach clubs like Scorpios and Nammos.

Cavo Tagoo is one of Mykonos’ most sought-after hotels. With its infinity pool that seems to merge with the Aegean Sea, the hotel offers luxury, privacy, and unforgettable sunset views. Moreover, the hotel’s cave-style rooms and suites are uniquely designed to provide comfort with an edge of sophistication.

Positano, Italy

Perched on the cliffs of the Amalfi Coast, Positano is a picturesque village known for its colorful houses, winding streets, and stunning views of the Tyrrhenian Sea.

This romantic and luxurious destination is beloved by travelers seeking relaxation and adventure. It offers exquisite dining, shopping for high-end fashion and local crafts, and idyllic beaches such as Spiaggia Grande.

Besides that, the village’s luxurious accommodation facilities showcase Italian elegance and charm. Le Sirenuse is among the 5-star hotels in Positano. Aside from its hillside location, this hotel is near the Roman Archeological Museum of Positano. The village’s enchanting atmosphere, lush landscapes, and unobstructed Mediterranean views make it one of the most exclusive destinations in Italy.

Oslo, Norway

Positioned between deep fjords and towering mountains, Oslo offers an unparalleled travel experience for millions of tourists. While the cost of visiting this city may be steep, the rewards are equally vast.

So, where can one visit to explore the city’s art and culture? The Vigeland Sculpture Park, with over 200 sculptures by Gustav Vigeland, is an open-air gallery that combines art and nature. Another cultural gem you can visit in Oslo is the Munch Museum.

That aside, you can go high-end shopping in the Bogstadveien and Aker Brygge districts. In matters of accommodation, Oslo offers some of the most luxurious hotels in Europe, catering to travelers seeking elegance, comfort, and exclusivity. One of the most renowned hotels in Oslo is The Thief, a 5-star hotel in Tjuvholmen.

Costa Smeralda, Sardinia

Hot Beach Destinations Around the World in May Sardinia, Italy — © Travel Wild / Adobe Stock

While the entire island of Sardinia offers luxury vacations, Costa Smeralda takes it a notch higher. Famous for its emerald waters, white sandy beaches, and rocky coves, this region has long been a favorite of billionaires, celebrities, and royalty.

Its main town, Porto Cervo, has a marina lined with luxury yachts, while the surrounding hills are dotted with exclusive villas and boutique hotels. The nightlife in Costa Smeralda is as luxurious as the surroundings, with high-end restaurants, exclusive clubs, and luxury shopping.

Hotel Cala di Volpe is the epitome of Sardinian luxury. Overlooking the bay of Cala di Volpe, this sophisticated hotel offers guests a private beach and an extensive range of activities, from water sports to golf.