There's no doubt that Blue Ivy Carter is enjoying all the perks that come with being the daughter of Jay-Z and Beyonce!

The power couple has reportedly been enjoying a European vacation where they spent time aboard the Galactica Star, a luxury yacht that costs around $900,000 each week, according to The Daily Mail.

The family decided to travel overseas to Italy to celebrate Beyonce's 34th birthday on September 4, which sources say has become a family tradition.

"It's tradition now," an insider told Us Weekly. "Almost every September, they head to Italy and France and charter an überluxe yacht for a week or two."

This year, the duo and their 3-year-old daughter headed to Naples, and took a detour to Capri abroad their fabulous yacht. After Capri, the music moguls went on to the Amalfi Coast and Sardinia.

"Now that Blue's older, they enjoy showing her the places they've grown to love," said the source.

In addition to being spotted on the private yacht in the South of France, the family was seen sight-seeing while Blue was on top of a rock. In one picture, Jay is seen holding his baby girl, who was clad in a white dress with a colorful hair ornament.

Another photo shows Blue with her mother and original Destiny's Child member Kelly Rowland.

"Blue loves her. Blue's been having fun with Kelly so Bey and Jay get a little alone time in," the source added.

The insider also said Beyonce and Jay Z were "trying to have another baby, but it hasn't happened just yet. But they are working on it."

On Thursday, The Daily Mail published photos of Blue and her parents in Monaco. Blue was rocking a strapless white dress. Beyonce was wearing a plunging black one-piece, complete with a caped back and obligatory sunglasses. Meanwhile, Jay-Z was wearing a dapper grey two-piece suit, paired with a crisp white shirt and trainers.