At the same time that Charles became King of England, Prince William inherited the Duchy of Cornwall and his £ 345 million portfolio of properties, including the beloved home of Carlo a Highgrove. This means that the king, as per the lease, will have to pay up to 700.000 pounds per year to reside in his favorite home. The story makes you smile, but it seems to be true. A close source revealed: “The king pays the rent of Highgrove House and surrounding land ".
William Charles house: the advantages of the principality of Wales
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For the uninitiated, the Duchy of Cornwall is a collection of real estate and estates, whose management is entrusted to Prince of Galles as Duke of Cornwall. It acquires them together with the princely title at the time of his investiture as official heir of the United Kingdom of Great Britain and Northern Ireland, which has just happened to William. These properties guarantee a substantial annual income: just think that last year the duchy, which owns 128.000 acres of land, it brought in a whopping 21 million pounds.
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Because Highgrove House is lat King Charles's favorite home?
The Duchy has bought Highgrove, Gloucestershire, in 1980 and has since been transformed into a family home by the new King. Which is why it is considered Charles' favorite home, it is also located a short distance from the queen consort's private home. Camilla in Wiltshire. Also, Charles at the time chose to live in Gloucestershire for the ease of access in London and for the tranquility of the place, surrounded by greenery.
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Highgrove, King Charles' favorite home, features a garden of over 3 km surface squares decorated with trees and rare plants. The queen's son immediately determined that the land was to be cultivated with biological methods and he had a small organic farm installed inside it for the supply of fruit, vegetables, milk and eggs for the family. Here he lived with Diana and developed his passion for the gardening. Today, however, he is forced to give up his beloved property for the big leap: Buckingham Palace.
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