[Diggers350] Inside King Charles IIIs $25 Billion Real Estate Empire
Tony Gosling
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Sat Nov 19 11:26:53 GMT 2022
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market key to.... Agenda 2030 Sustainable Development Goals?
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Slavery
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in lockstep with Blackrock's Larry FInk - FII how
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now......
Inside King Charles IIIs $25 Billion Real Estate Empire
https://tlio.org.uk/a-stroll-inside-king-charles-iiis-25-billion-real-estate-empire/
<https://www.forbes.com/sites/giacomotognini/>Giacomo Tognini
Forbes Staff
Staff Writer, Wealth Team.
Oct 21, 2022,06:00am EDT
The new British monarch lords over seven palaces,
10 castles, 12 homes, 56 cottages, and 14 ancient
ruins where he can hang up his crown.
Emacs!
Above: Osborne House, East Cowes, Isle of Wight
----------
Charles III's official coronation may not occur
until May 6, but the new British monarch has
already inherited a $25 billion real estate portfolio fit for a king.
When he acceded the throne in September, the
73-year-old sovereign assumed control of a
<https://www.forbes.com/sites/giacomotognini/2022/09/15/how-rich-is-king-charles-iii-inside-the-new-monarchs-outrageous-fortune/?sh=1edd895b757f>$42
billion empire, much of it in real estate. Forbes
scoured property records, annual reports, audits,
archives and legislative documents to find all of
the kings new possessions. His holdings span
from Buckingham Palacethe official headquarters
of the monarchy, which Forbes estimates is worth
$4.9 billionto Highgrove House, a country
residence in Gloucestershire that Charles
<https://www.theguardian.com/politics/2005/jul/28/monarchy.immigrationpolicy>first
purchased in 1980 for £865,000 ($3.7 million today,) now valued at $39 million.
Although he has only had the crown for a few
weeks, Charles is expected to break with seven
generations of tradition and
<https://www.thetimes.co.uk/article/king-charles-stalls-buckingham-palace-7bbd05sxzy>reject
Buckingham Palace as his London residence to
remain in his current home at Clarence House
(estimated value: $72 million.) But he will also
<https://www.cosmopolitan.com/uk/reports/a41526384/king-charles-will-pay-rent-to-prince-william/>reportedly
continue to spend some time at Highgrove. That
means hell have to pay about $740,000 in annual
rent to his son William, who succeeded him as
Prince of Wales and Duke of Cornwall and now
holds Highgrove under the Duchy of Cornwall.
----------
KING OF THESE CASTLES
Charles IIIs $25 billion real estate empire is
spread across the United Kingdom as well as two
cottages in Transylvania. Here are all the
properties where he can stow thrones.
----------
Those properties are part of a vast collection of
at least seven palaces, 10 castles, 12 homes, 56
holiday cottages and 14 ancient ruins, per
Forbes count. Aside from Balmoral Castle in
Scotland and Sandringham House in Norfolk, which
he inherited from the Queen and now personally
owns, none of these opulent residences and
historic monuments are directly owned by the
King. Most are held by the Crown Estate, the
Duchy of Lancaster and the Duchy of Cornwall,
institutions held
<https://www.rct.uk/sites/default/files/resources/Financial%20Statements%202021-22.pdf>in
right of the Crown for the duration of his
reign. Others are controlled by the monarchy
itself in trust for his successors and the
nation, while another four properties are held by
two foundations which the King established when he was Prince of Wales.
And its not just palaces and countryside homes:
through the Crown Estate and the Duchies, Charles
now also oversees $12.9 billion in commercial,
residential and agricultural properties
throughout the U.K., ranging from Ascot
Racecourse and the Oval cricket ground to at
least three golf courses, a private airfield and
the Savoy Chapel in Westminster, the private
church of the reigning monarch. The Crown also
holds one of Englands most famous monuments,
Stonehenge, which was
<https://www.english-heritage.org.uk/visit/places/stonehenge/history-and-stories/history/#footnote-20>given
to the nation in 1918 by Cecil Chubb,
<https://www.english-heritage.org.uk/about-us/search-news/stonehenge-sold-100-years-ago/>a
local resident who purchased it for £6,600 in 1915 (about $590,000 today).
As the head of state in 15 Commonwealth realmsin
addition to 13 British territories and three
crown dependenciesCharles also has access to at
least 49 residences for state visits across the
globe, at the homes of his representatives in
each nation. Whether hes traveling to Canada
(Rideau Hall in Ottawa,) the Caribbean (Kings
House in Jamaica) or the Pacific (Admiralty House
in Sydney,) the new monarch always has a place to
rest the head that wears the crown.
Closer to home, the lavish estates, extravagant
mansions and crumbling ruins maintained by the
British monarchy, royal foundations or by the
King personally are spread throughout three of
the four nations of the United Kingdom, plus two
cottages in Transylvania. And there used to be
more: between 1998 and 1999, the Crown Estate
<https://www.gov.scot/publications/land-reform-review-group-final-report-land-scotland-common-good/pages/32/>ceded
ownership of six castles, two palaces and one
fort in Scotlandincluding the millennium-old
Edinburgh Castleto the Scottish government.
But only a small number of homesfourteenserve
as official residences of the King and the royal
family. Two more royal residences are personally
owned by other family membersCharless sister,
Princess Anne, owns Gatcombe Park in
Gloucestershire (estimated value: $29 million),
while the Duke of Gloucester, his first cousin
once removed, has put his
<https://search.savills.com/com/en/property-detail/gblhchlar220029>Barnwell
Manor in Northamptonshire up for sale for $5.4
million. Another of Charles new digs, the royal
palace in Northern Ireland at Hillsborough
Castle, is owned directly by the British
government,
<https://www.hrp.org.uk/hillsborough-castle/history-and-stories/the-story-of-hillsborough-castle-and-gardens/#gs.fwxo3o>which
purchased it in 1925 for £24,000 (or $1.3 million today.)
Average citizens can also get in on a piece of
the royal lifestyle: the Duchies of Cornwall and
Lancaster operate 56 holiday homes and cottages
across England, Wales and the Isles of Scilly
that can be rented out, while the Prince of
Wales Charitable Fund operates two
bed-and-breakfasts in Romania. Everything else,
including medieval masterpieces such as the Tower
of London and Caernarfon Castle, is a tourist
attraction managed by various charities and trusts.
Forbes valued these properties with the help of
estimates provided by Lenka Duková Munter, a
sales specialist for historical properties at
Czech real estate agency Luxent, and Colby Short,
co-founder and CEO of estate agent website
GetAgent.co.uk. Heres a breakdown of King Charles IIIs real estate empire.
ENGLAND
Buckingham Palace.
BUCKINGHAM PALACE
Est. Value: $4.9 BILLION
The official residence of the royal family since
1837,
<https://www.townandcountrymag.com/society/tradition/a40062636/buckingham-palace-secret-swimming-pool/>the
775-room palace with a private swimming pool is
also King Charless birthplace. First purchased
by George III in 1761 when it was still a house,
construction to convert it into a palace began in
1820 and only completed in 1847 with the addition
of a new wing for Queen Victoria's growing
family,
<https://www.rct.uk/visit/buckingham-palace/who-built-buckingham-palace#/>financed
largely by the sale of the Royal Pavilion in
Brighton for £53,000 ($5.4 million today.)
Despite an extensive renovation which began in
2017 and will cost more than $400 million,
Charles is known to dislike the big house.
----------
HAMPTON COURT PALACE
Est. Value: $1.2 B
Known as the Tudor Palace, Hampton Court is where
<https://www.hrp.org.uk/hampton-court-palace/history-and-stories/the-story-of-hampton-court-palace/#gs.g0bnon>King
Henry VIII spent most of his time, with all six
of his wives: by the 1530s, he had added a hotel,
theater and numerous works of art; visitors can
now see Mantegnas Triumphs of Caesar plus works
by Caravaggio and Rembrandt. The palace also
features a grand colonnade,
<https://www.hrp.org.uk/hampton-court-palace/whats-on/fountain-court/#gs.g0npup>Fountain
Courtdesigned by Sir Christopher Wrenwhich had
a cameo in the second season of Netflixs Bridgerton.
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TOWER OF LONDON
Est. Value: $1.1 B
<https://www.hrp.org.uk/tower-of-london/history-and-stories/the-story-of-the-tower-of-london/#gs.g0fc4p>Built
by William the Conqueror in the late 11th
century, the towering castle at the heart of
London is home to the Crown Jewels, worth an
estimated $4 billion. Three Queens of
EnglandAnne Boleyn, Catherine Howard and Jane
Greywere executed here in the 1500s.
----------
Windsor Castle.
WINDSOR CASTLE
Est. Value: $743 MILLION
<https://www.rct.uk/visit/windsor-castle/who-built-windsor-castle#/>Windsor
Castle was completed in 1086, one year before
William the Conquerors death. In 1377, King
Edward III spent £50,000 (some $57 million today)
to convert it from a military fort into a gothic
palacethe largest expense of any medieval king
on a single building. Over its nearly
thousand-year history, the castle been home to 40
monarchs and is still a favorite of the royal
family. The surrounding estate
<https://www.thecrownestate.co.uk/en-gb/what-we-do/on-the-land/windsor/>includes
Windsor Great Park, golf courses and Ascot Racecourse.
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ST. JAMESS PALACE
Est. Value: $700 M
Overlooking Green Park and St. James's Park in
London<https://www.royalparks.org.uk/parks>two
of the eight royal parks in the capital held by
the CrownSt. Jamess Palace was once the home of
Elizabeth I during the defeat of the Spanish
Armada in 1558. More recently, it was also the
location of King Charless accession ceremony on September 10.
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Lancaster Castle.
LANCASTER CASTLE
Est. value: $674 M
Over its thousand-plus-year history, Lancaster
Castle has served as a Roman fort, the
<https://www.lancastercastle.com/history-heritage/>site
of witch trials and as a prisonuntil it was
decommissioned and converted into a tourist attraction in 2011.
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KENSINGTON PALACE
Est. Value: $630 M
The childhood home of Prince William and Prince
Harry, Kensington was known as the party palace
in the late 17th century for hosting
<https://www.hrp.org.uk/kensington-palace/history-and-stories/the-story-of-kensington-palace/#gs.g0ejlk>extravagant
balls where guests ate, drank, gambled and
flirted until dawn. The palace is still William
and Kates
<https://www.royal.uk/royal-residences-kensington-palace#:~:text=Today%20Kensington%20Palace%20contains%20the,and%20Princess%20Michael%20of%20Kent.>official
London residence, while Prince Harry and Meghan
Markle live in a
<https://www.zillow.com/homedetails/765-Rockbridge-Rd-Montecito-CA-93108/54892896_zpid/>$23
million mansion in Montecito, California, replete
with 9 bedrooms, 19 bathrooms, a private pool, spa, theater and tennis court.
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BANQUETING HOUSE
Est. Value: $296 M
The only remnant of the Palace of Whitehallonce
<https://www.hrp.org.uk/banqueting-house/history-and-stories/the-whitehall-fire-of-1698/#gs.g0rmb8>the
largest palace in Europe until its destruction in
a fire in 1698Banqueting House in London is home
to a
<https://www.hrp.org.uk/banqueting-house/history-and-stories/the-rubens-ceiling/>2,420-square-foot
ceiling painting by Peter Paul Rubens
commissioned by Charles I in 1629.
(<https://www.antwerpen.be/pics/Stad/Bedrijven/Cultuur_sport_recreatie/CS_Musea/Rubenianum/CRLB_09_links.pdf>Rubens
was paid £3,000 for the worksome $540,000
todayplus a heavy gold chain.) Its also where
Charles I met a gruesome end on January 30, 1649:
just two decades after commissioning the Rubens
ceiling, he walked under it and
<https://www.hrp.org.uk/banqueting-house/history-and-stories/the-execution-of-charles-i/#gs.g38jw5>was
then executed outside Banqueting House.
----------
CARISBROOKE CASTLE
Est. value: $225 M
Located on the Isle of Wight, Carisbrooke Castle
carries much darker memories for the royals:
After its capture by parliamentary forces in 1642
during the English Civil War,
<https://www.english-heritage.org.uk/visit/places/carisbrooke-castle/history/>the
dethroned King Charles I was imprisoned
there<https://www.english-heritage.org.uk/visit/places/carisbrooke-castle/history/>
in the years leading up to his execution.
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ELTHAM PALACE
Est. Value: $211 M
<https://www.english-heritage.org.uk/visit/places/eltham-palace-and-gardens/history/>Described
as unique marriage between a medieval and Tudor
palace and a 1930s millionaires mansion, Eltham
Palace was used as a royal palace by monarchs who
hunted in the surrounding parks from the 14th to
the 16th century. Henry VIII, the last king to
reside there, spent his childhood at Eltham. In
1933, millionaires Stephen and Virginia Courtauld
took a 99-year-lease on the palace from the Crown
and installed a bomb shelter in the basement
during World War II; they eventually moved out in
1944 after growing tired of the repeated air raids from the German Luftwaffe.
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THATCHED HOUSE LODGE
Est. Value: $131 M
<https://www.nao.org.uk/wp-content/uploads/2005/04/royal_property_leases.pdf>Thatched
House Lodge is a Regency-era home built in the
early 18th century on a 4-acre estate in Richmond
Park, the largest park in London and another
royal possession. The property is home to Queen
Elizabeth's first cousin Princess Alexandra, who
has rented it from the Crown Estate since 1963
and paid a £670,000 premium ($1.4 million today) to extend the lease in 1994.
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RESTORMEL MANOR
(14 Properties) Est. Value: $86 M
The Duchy of Cornwall's 14 holiday properties
near the medieval town of Lostwithiel in Cornwall
are housed in and around Restormel Manor,
<https://www.duchyofcornwallholidaycottages.co.uk/properties/restormel-manor>a
500-year-old Gothic-style mansion with a steam
room, sauna, tennis court and an indoor heated
swimming pool. But living like an English lord is
pricey: one week at the nine-bedroom Restormel
Manor property in December will cost $4,000.
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SANDRINGHAM ESTATE
Est. Value: $73 M
One of two properties personally owned by King
Charles, which he inherited from his late mother,
Sandringham in Norfolk has been in the royal
family since 1862. The estate includes the
<https://www.sandringhamestate.co.uk/about-us/stud>Royal
Studs, a thoroughbred horse farm first
established in 1886, as well as rental properties
spread across 13 nearby villageswith a notorious
no cats policy for would-be renters,
<https://www.dailymail.co.uk/news/article-6247871/Pheasant-killing-cats-banned-Sandringham-estate-order-Queen.html>reportedly
due to the Queens fears the felines would kill
the pheasants and partridges kept as game birds.
Charles is also
<https://www.dailymail.co.uk/news/article-11319709/King-Charles-sell-12-late-Queens-treasured-racehorses-cuts-racing-operation.html>reportedly
looking to sell some of the Queen's prized race
horses and scale down the Royal Studs.
----------
Clarence House.
CLARENCE HOUSE
Est. Value: $72 M
King Charless longtime home is one of the last
surviving aristocratic townhouses in London,
<https://www.rct.uk/visit/clarence-house/who-built-clarence-house#/>a
stuccoed mansion completed in 1827 at the cost of
£22,232 ($2 million today)more than double the
original estimate. The Queen also lived there
while she was still a princess, and it served as
the home of her mother's impressive art
collection, featuring works by Fabergé and John Piper.
----------
KEW PALACE
Est. Value: $70 M
Set among the Royal Botanic
Gardens<https://www.kew.org/kew-gardens/whats-in-the-gardens>home
to more than 50,000 plants including rare and
threatened species housed in a grand
Victorian-era greenhouseKew Palace was the
private retreat of King George III during a long
period of mental illness, starting in 1788. The
gardens are also home to the Chinese-style Great
Pagoda, a 163-foot-tall tower with 80 dragons
carved from gilded wood. The dragons, removed in
1784 and restored in 2018, were rumored to have
been sold to pay off
<https://www.kew.org/kew-gardens/whats-in-the-gardens/the-great-pagoda>King
George IV's gambling debts.
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DOVER CASTLE
Est. Value: $66 M
Standing guard over the Strait of Dover, the
shortest sea crossing between England and Europe,
<https://www.english-heritage.org.uk/visit/places/dover-castle/history-and-stories/history-dover/>Dover
Castle originated as a Roman fort in 43 CE.
Another castle on the site was erected in 1066 by
William the Conqueror, who captured the city
after the Battle of Hastings. The structure that
stands today was established by Henry II in 1189.
And while British royals haven't used the castle
since 1625, it's been used in warfare throughout
the centuries, including as a garrison for 16,000
troops during the First World War, a hospital in
World War II and as a backup seat of government
in case of a nuclear attack during the Cold War.
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CARLISLE CASTLE
Est. value: $45 M
Located about ten miles south of the modern
English-Scottish border, Carlisle Castle served
as
<https://www.english-heritage.org.uk/visit/places/carlisle-castle/history/>the
Kingdom of England's fortress against the Scots
for half a century until the two realms were
united in 1603. Built on the ruins of a Roman
fort that provided support for garrisons on
Hadrian's Wall, the castle was besieged seven
times by the Scots between 1173 and 1461, when it
was again besieged during the English Wars of the
Roses. It served as a base for Edward I in 1296;
the prison of Mary, Queen of Scots in 1567; and
as a British army barracks from the 1820s until 1959.
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BAGSHOT PARK
Est. Value: $39 M
<https://historicengland.org.uk/listing/the-list/list-entry/1001381?section=official-list-entry>Built
in 1879 on the orders of Queen Victoria as a home
for her third son, Prince Arthur, Bagshot Park in
Surrey is a Tudor Gothic-style mansion set on 52
acres of gardens, including stables and a working
farm. Prince Edward, Charles's youngest brother,
has lived there since 1998,
<https://www.nao.org.uk/wp-content/uploads/2005/04/royal_property_leases.pdf>paying
roughly $100,000 in annual rent to the Crown
Estate. Charles other brother, Prince Andrew,
lives a 20-minute drive away at the Royal Lodge
in Windsor Great Park, which he rented with a
75-year-lease in 2003 for a one-time payment of
£1 million (or $1.8 million now).
----------
Highgrove House.
HIGHGROVE HOUSE
Est. Value: $39 M
King Charles' longtime family home, Highgrove was
<https://www.highgrovegardens.com/pages/highgrove-estate-history>built
in 1798 and acquired by the then-Prince of Wales
in 1980. The estate is home to
<https://www.princeofwales.gov.uk/25-facts-about-highgrove-gardens>15
acres of organic gardens with heritage varieties
of fruits and vegetables and an adjacent shop
where visitors can buy eggs, wine and spirits
made on the property. Its also a short drive
from Ray Mill House, the private home of Charles
wife, Camilla, the Queen Consort.
<https://www.wiltshiretimes.co.uk/news/774063.camilla-steps-up-security/>She
purchased the six-bedroom countryside cottage for
£850,000 ($1.7 million today) in January 1996, a
year after her divorce from her first husband,
Andrew Parker Bowlesand just
<https://web.archive.org/web/20060501164402/http:/www.cnn.com/WORLD/9608/28/royal.divorce/closer.lg.jpg>seven
months before Charless own divorce with Princess
Diana in August that year. Diana died a year later, in August 1997.
----------
FROGMORE HOUSE
Est. Value: $35 M
Named for the numerous amphibians that live in
the marshes around the property, Frogmore House
was
<https://www.royal.uk/houses-frogmore#:~:text=The%20original%20Frogmore%20House%20was,and%20let%20to%20various%20tenants.>purchased
by King George III in 1792 as a country retreat
for his wife, Queen Charlotte. The mansion's
Britannia Room features paintings, porcelain and
furniture taken from the interior of the royal
yacht, HMY Britannia, after it was decommissioned
in 1997. The Frogmore estate is also home to the
mausoleum of Queen Victoria and Prince Albert and
<https://www.windsor.gov.uk/ideas-and-inspiration/royal-connections/prince-harry-the-windsor-connection>Frogmore
Cottage, the U.K. residence of Prince Harry and
Meghan. In September 2020, the couple
<https://www.bbc.com/news/uk-54062799>repaid $3.2
million in refurbishing expenses, originally covered by British taxpayers.
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CHESTER CASTLE
Est. Value: $22 M
One of the many castles built by William the
Conqueror in 1070, Chester Castle
<https://www.english-heritage.org.uk/visit/places/chester-castle-agricola-tower-and-castle-walls/history/#:~:text=Chester%20Castle%20was%20founded%20by,and%20the%20outer%20bailey%20added.>served
as the military headquarters for Henry III's and
Edward I's conquest of Wales, and as a Royalist
headquarters during the English Civil War. The
castle, which was used by the British military
until 1999, features a chapel with wall paintings dating to 1240.
----------
Osborne House.
DeAgostini/Getty Images
OSBORNE HOUSE
Est. Value: $19 M
This Italianate mansion was
<https://www.english-heritage.org.uk/visit/places/osborne/history-and-stories/history/>purchased
by Queen Victoria and Prince Albert in 1845 for
£28,000 ($3 million today) as a seaside retreat
on the Isle of Wight.
<https://www.english-heritage.org.uk/visit/places/osborne/history-and-stories/description/#:~:text=Osborne%20House%20was%20built%20between,of%20the%20Bay%20of%20Naples.>The
eclectic mansion was designed with architectural
features drawn from around the world: the Italian
palazzo-style home with extensive terraces; the
Indian-style Durbar Wing, in honor of Victoria's
status as Empress of India; and the Swiss
Cottage, an educational tool for the royal
children, where they grew fruit, flowers and vegetables.
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DUCHY OF LANCASTER COTTAGES
(16 Properties) Est. Value: $12 M
The Duchy of Lancaster
<https://www.duchyoflancasterholidaycottages.co.uk/location-map/yorkshire/>owns
fifteen holiday cottages in Scarborough, a
seaside resort located near North York Moors
national park. A one-night stay at the 8-bedroom
Scalby Lodge in late November will set you back
some $720. Root Farm Cottage is a
<https://www.duchyoflancasterholidaycottages.co.uk/holiday-cottages/root-farm-cottage/>two-bedroom
property in the Forest of Bowland in Lancashire,
forming part of the Whitewell Estate, last
visited by the Queen Elizabeth in 2006 for her 80th birthday celebrations.
----------
LOSKEYLE COTTAGES
(2 Properties) Est. Value: $4.1 M
The Duchy of Cornwall owns
<https://www.duchyofcornwallholidaycottages.co.uk/properties/loskeyle-collection>four
holiday cottageswith complimentary fishing for
guestsin St Tudy, a small countryside village in
Cornwall. A seven-night stay in November in
Menhenick, a two-story, three-bedroom barn, costs $735.
----------
DOLPHIN HOUSE
Est. Value: $2 M
The
<https://www.tresco.co.uk/staying/dolphin-house>six-bedroom
home on the island of Tresco is housed in an old
granite rectory, with hilltop views of the
Atlantic Ocean and the 19th-century Round Island lighthouse.
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TAMARISK
Est. Value: $1.5 M
<https://www.duchyofcornwallholidaycottages.co.uk/properties/tamarisk>Tamarisk
is a four-bedroom cottage on Garrison Hill in
Hugh Town on the island of St. Mary's. Its name
comes from the tamarisk trees on the property, a
flowering plant mentioned in the Old Testament
and the Iliad. While still an official royal
residence, Charles and Diana
<https://www.nytimes.com/1991/03/03/magazine/the-flowery-craggy-isles-of-scilly.html>snubbed
the home on their vacations to the Isles of
Scilly, preferring to stay with friends in Tresco.
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BERKHAMSTED CASTLE
Before it crumbled into ruins, Berkhamsted Castle
<https://www.english-heritage.org.uk/visit/places/berkhamsted-castle/history/>was
a motte-and-bailey built out of timber in 1070.
It was briefly the home of Thomas Becket, then
Archbishop of Canterbury, who rebuilt the castle
in stone between 1155 and 1164. From 1225 to
1272, it was refurbished and expanded to serve as
the palace of Richard, Earl of Cornwall, believed
to be the richest man in England at the time.
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BOLINGBROKE CASTLE
King Henry IV was
<https://www.english-heritage.org.uk/visit/places/bolingbroke-castle/>born
in the 13th-century Bolingbroke Castle in 1367,
but all that remains are the sunken hexagonal walls and surrounding earthworks.
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CROMWELLS CASTLE
One of the few remaining fortifications from the
Interregnumthe period between 1649 and 1660 when
Oliver Cromwell ruled England after executing
Charles
I<https://www.english-heritage.org.uk/visit/places/cromwells-castle/history/>Cromwell's
Castle is a circular gun tower built in 1651,
after Cromwell's forces recaptured the Isles of Scilly from the royalists.
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KING CHARLESS CASTLE
Adjacent to Cromwells castle on the island of
Tresco, King Charless Castle
<https://www.english-heritage.org.uk/visit/places/king-charless-castle/history/>was
built during the reign of King Edward VI and
renamed by pro-Charles I royalists during the
English Civil War. The gambit didnt
workparliamentarian troops bypassed the
now-ruined castle by landing on the other side of Tresco in 1651.
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Launceston Castle.
education images/Getty images
LAUNCESTON CASTLE
<https://duchyofcornwall.org/ancient-monuments.html>Launceston
Castle is a ruined 13th-century round tower and
the remnants of a castle originally built by
William the Conqueror for his half-brother. It
later served as a prison where George Fox,
founder of the Quakers, was detained in 1656 and held executions until 1821.
----------
LYDFORD CASTLE
Lydford Castle sits on the western edge of
Dartmoor national park,
<https://duchyofcornwall.org/dartmoor-and-princetown.html>a
vast expanse of moorlands where the Duchy of
Cornwall owns a third of the land. The
12th-century square castle
<https://www.english-heritage.org.uk/visit/places/lydford-castle-and-saxon-town/history/>was
a prison from the Middle Ages until the 1700s.
----------
MAIDEN CASTLE
Described as one of the largest and most complex
Iron Age hillforts in Europe,
<https://www.english-heritage.org.uk/visit/places/maiden-castle/>Maiden
Castle is the size of 50 soccer pitches, with
enormous ramparts dating to the 1st century BCE.
----------
PEVERIL CASTLE
Now in ruins,
<https://www.english-heritage.org.uk/visit/places/peveril-castle/>Peveril
Castle, was one of the earliest Norman fortresses
in England, with a keep built by Henry II in 1176.
----------
RESTORMEL CASTLE
<https://www.english-heritage.org.uk/visit/places/restormel-castle/>Once
a luxurious retreat in the 14th century and the
home of Edward, the first Duke of Cornwall,
Restormel Castle is now a ruin with a large circular keep.
----------
ST. MARYS COTTAGES
(3 properties)
Besides Tamarisk, the Duchy of Cornwall also owns
three more holiday homes on St. Mary's, including
a two-bedroom property in
<https://www.duchyofcornwallholidaycottages.co.uk/properties/isles-of-scilly>a
17th-century guard house and another housed in a former gun battery.
----------
TICKHILL CASTLE
Now occupied by a private tenant who rents the
land from the Duchy of Lancaster, the
11th-century
<https://www.tickhillhistorysociety.org.uk/tickhill-castle-article>Tickhill
Castle was expanded by several English kings
until its decline during the Wars of the Roses in
the 15th century: King Henry I built a gatehouse
and a wall with ramparts in 1130, and Henry II
added a new keep and a stone bridge in 1182.
----------
tintagel-castle-educational-images
educational images/getty images
TINTAGEL CASTLE
<https://duchyofcornwall.org/ancient-monuments.html>Located
on the rugged northern coast of Cornwall, little
remains of this 13th-century castle.
----------
TRESCO COTTAGES
(15 properties)
The Duchy of Cornwallwhich owns nearly all of
the land on the Isles of Scillyhas 15 holiday
cottages on the island of Tresco, in addition to Dolphin House.
----------
TREMATON CASTLE
The ruins of Trematon Castle in eastern Cornwall
were converted into
<https://www.explorecornwallapp.com/trematon-castle>a
private garden with evergreen oaks and wild
flowers in 2012, when it was leased by garden
designers Julian and Isabel Bannerman from the Duchy of Cornwall.
----------
TUTBURY CASTLE
Built in 1071 for Norman baron Henry de Ferrers,
<https://www.duchyoflancaster.co.uk/properties-and-estates/historic-properties/tutbury-castle-staffordshire/>this
now-ruined castle was confiscated by Henry III
during the Second Barons' War in 1267. Elizabeth
I imprisoned Mary, Queen of Scots at Tutbury
multiple times between 1569 and 1585, when she
was moved 80 miles south to Fotheringhay Castle and executed.
WALES
Caernarfon Castle.
CAERNARFON CASTLE
Est. Value: $289 M
Inspired by imperial Roman architecture and the
walls of ancient Constantinople, the 13th-century
Caernarfon Castle is
<https://medievalheritage.eu/en/main-page/heritage/wales/caernarfon-city-defensive-walls/>ringed
by 2,400 feet of stone walls studded with 12
octagonal towers and surrounded by a moat. King
Edward I ordered its construction in 1283 after
the conquest of Wales, but
<https://cadw.gov.wales/more-about-caernarfon-castle>the
colossal structure took 47 years and £25,000
(more than $23 million today) to completeroughly
90% of Englands annual income at the time. It
also holds a special resonance to the new king:
<https://web.archive.org/web/20220619011425/https:/www.visitwales.com/things-do/attractions/castles-and-heritage/castles-and-forts-caernarfon>Charles
was invested as Prince of Wales at Caernarfon in 1969.
----------
LLWYNYWERMOD
Est. Value: $3.9 M
Located near the mountains of Brecon Beacons
national park, Llwynywermod was King Charles
III's Welsh retreat while he was Prince of Wales.
The 192-acre estate is now in the hands of his
son,
<https://www.visitwales.com/info/history-heritage-and-traditions/wales-connections-royal-family>Prince
William, who has his own Welsh connection: The
wedding ring he gave Kate Middleton in 2011 is
made of Welsh gold, and the couple lived on the
isle of Anglesey off the northwest coast of Wales
while William worked as a search-and-rescue helicopter pilot.
----------
MYDDFAI COTTAGES
(2 properties)
The Duchy of Cornwall owns two cottages on the
Llwynywermod estate,
<https://www.duchyofcornwallholidaycottages.co.uk/1/wales>housed
in converted barns. Guests can expect to pay
$1,000 for a weeklong stay at the smaller
two-bedroom West Range cottage for the privilege
of being William and Kates neighbor.
----------
OGMORE CASTLE
The oval-shaped ruins of Ogmore Castle feature a
twelfth-century stone keep and date to 1116,
<https://www.duchyoflancaster.co.uk/properties-and-estates/historic-properties/ogmore-castle-wales/>when
the castle was founded by the Norman de Londres family.
ROMANIA
THE PRINCE OF WALESS GUESTHOUSE
Est. value: $1.1 M
One of only two properties held by King Charles
outside of the U.K., he purchased this private
nature retreat and guesthouse in the rural
Transylvanian village of Valea Z lanuluiknown
locally by its Hungarian moniker
Zalánpatakthrough Ecologic Transilvania SRL,
<https://register-of-charities.charitycommission.gov.uk/charity-search?p_p_id=uk_gov_ccew_onereg_charitydetails_web_portlet_CharityDetailsPortlet&p_p_lifecycle=2&p_p_state=maximized&p_p_mode=view&p_p_resource_id=%2Faccounts-resource&p_p_cacheability=cacheLevelPage&_uk_gov_ccew_onereg_charitydetails_web_portlet_CharityDetailsPortlet_objectiveId=A11467960&_uk_gov_ccew_onereg_charitydetails_web_portlet_CharityDetailsPortlet_priv_r_p_mvcRenderCommandName=%2Faccounts-and-annual-returns&_uk_gov_ccew_onereg_charitydetails_web_portlet_CharityDetailsPortlet_priv_r_p_organisationNumber=4042676>a
Romanian subsidiary of the Prince of Waless
Charitable Fund.
<https://zalan.transylvaniancastle.com/>Visitors
can go horse riding at the property's stables or
take advantage of a wood-fired salty hot-tub
and a mineral water pool in the summer, or
horse-drawn sleigh rides with mulled wine in the winter.
----------
THE PRINCE OF WALESS HOUSE
Est. value: $1.1 M
Located a two-hour drive west of Valea Z lanului
in the town of Viscri,
<https://zalan.transylvaniancastle.com/>Charless
second Romanian property is a bed and breakfast
that doubles as a traditional crafts and training
center housed in an 18th-century Saxon home.
Beyond these two homes, Charles has another,
centuries-old link to Transylvania:
<https://www.cbsnews.com/news/vlad-the-impaler-how-is-prince-charles-queen-elizabeth-related-to-him/>he
is a distant relative of Vlad the Impaler, who
ruled what is now Romania in the 15th century and
served as the inspiration for Bram Stokers Dracula.
SCOTLAND
BALMORAL CASTLE
Est. Value: $118 M
Queen Elizabeth IIs favorite residence, she
spent her final days at Balmoral before she died
on September 8 at age 96.
<https://portal.historicenvironment.scot/designation/GDL00045>Purchased
by Prince Albert for his wife, Queen Victoria, in
1852 for £32,000 ($3.9 million today,) the castle
was built in the Scottish Baronial style out of
local white granite. The 50,000-acre estate
includes a golf course, woodlands, a bridge
across the river Dee designed by Isambard Kingdom
Brunel and an obelisk commemorating Prince
Albert. Along with Sandringham, its one of two
properties personally owned by King Charles, which he inherited from the Queen.
----------
Palace of Holyroodhouse.
PALACE OF HOLYROODHOUSE
Est. Value: $83 M
The official residence of the monarchy in
Scotland, Holyroodhouse sits on one end of
Edinburgh's Royal Mile, which connects the palace
to Edinburgh Castle.
<https://www.royal.uk/royal-residences-palace-holyroodhouse>Founded
by King David I of Scotland as an Augustinian
monastery in 1128a structure thats still intact
today as Holyrood AbbeyJames IV built a palace
on the grounds in 1501, and later residents
included Mary, Queen of Scots. (A box containing
her hair is on display in her former chambers.)
The palace rooms feature treasures from the Royal
Collection, including the Darnley Jewel,
<https://www.rct.uk/collection/28181/the-darnley-jewel-or-lennox-jewel>a
heart-shaped gold locket studded with Burmese rubies and Indian emerald.
----------
DUMFRIES HOUSE
Est. Value: $46 M
Set on 2,000 acres of land in rural Ayrshire in
southwestern Scotland, Dumfries House is a
Palladian, 18th-century mansion
<https://www.theguardian.com/uk/2007/jun/28/artnews.monarchy>purchased
by Charles in 2007 for £45 million
<https://www.theguardian.com/uk/2007/jun/28/artnews.monarchy>(or
$77 million today) through a trust. Built in 1759
by William Chrichton-Dalrymple, the Earl of
Dumfries, and designed by the architect Robert
Adam and his two brothers, the home is known
<https://dumfries-house.org.uk/about/history>for
retaining its original 18th-century furniture
from the workshop of Thomas Chippendale. Now in
the hands of the Princes Foundation, a charity
Charles set up in 1986, Dumfries House is open to
visitors and is also used for training young
people in traditional skills and crafts.
----------
Castle of Mey.
CASTLE OF MEY
Est. Value: $15 M
<https://www.castleofmey.org.uk/about/history>Built
in 1567 by George, the Earl of Caithness on the
northeastern coast of Scotland, the Castle of Mey
features a grand entrance and dining room
designed by William Burn in 1819. It fell into
disrepair in the 20th century until it was
purchased by the Queen Elizabeths mother in
1952, who renovated the castle and its 30 acres
of gardens and parklands and restored the
propertys original name. The Queen Mother
<https://www.castleofmey.org.uk/attractions/the-castle#:~:text=The%20Castle%20of%20Mey%20was,west%20of%20John%20O'Groats.>handed
the castle over to a trust in 1996, which now
forms part of The Princes Foundation.
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'From South America, where payment must be made
with subtlety, the Bormann organization has made
a substantial contribution. It has drawn many of
the brightest Jewish businessmen into a
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