The capital city of Monaco is Monaco, sometimes referred to as Monaco-Ville. This tiny city-state, situated on the Mediterranean coast, is renowned for its luxurious lifestyle, casinos, and as a hub for the wealthy and famous. The city is divided into several districts, with Monaco-Ville being the historical area where the Prince's Palace and other key sites are located. Despite its small size, Monaco boasts a rich cultural heritage and hosts numerous events, including the famous Monaco Grand Prix.