Being the Queen of England has its perks. Queen Elizabeth II gets to travel around the world in style, staying in historic castles and mansions. The Queen owns only two properties personally. Both properties are grand and fit for a queen. Take a look at the sprawling real estate owned by the Queen of England.
About the Crown Estate
According to the Crown Estate, “the sovereign is the legal owner but does not have any powers of management or control.” The Crown Estate owns billions of dollars worth of real estate in England and Scotland, according to CNBC. The Queen is the legal owner of the land but she doesn’t manage the properties. The Crown Estate says money made from the estate goes to the Treasury.
The biggest perk of the Crown Estate
Although the Queen of England doesn’t personally own any land in the Crown Estate’s portfolio, she’s allowed to occupy the space. For instance, Buckingham Palace isn’t the Queen’s personal property although she’s entitled to live there during her reign. Buckingham Palace is tough to put a price on according to experts. Forbes says, “most experts describe [the palace] as almost impossible to value.”
The Queen personally owns Sandringham House in Norfolk. Sandringham has been a private residence for “four generations of British monarchs since 1862,” the estate’s website says.The property itself covers nearly 20,000 acres, according to Sandringham’s website. The house sits in the middle of 59 acres of gardens. A fraction of the land — 593 acres — is open to the public year round. Elizabeth inherited the house from her father, King George VI, The Telegraph says.
Live like the Queen at Sandringham
Two cottages on the Sandringham property are available to rent. The first is the Garden House. The house is fully furnished and can sleep eight people. According to People, the Garden House got its name because it was formerly the home of the head gardener. The second house available to rent is the Granary. The Granary is described by People as a “luxury barn conversion.”
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The Scottish Highlands are one the Queen’s favorite places to visit. The way the Queen came to inherit Balmoral is unusual because her uncle, King Edward VIII, abdicated the throne in 1936. Him stepping down meant his brother and Elizabeth’s father, King George VI, didn’t directly inherit the property. The Telegraph said George had to buy the property from his brother, Edward.
Live like a royal in Scotland
Five cottages at Balmoral Castle are available to rent. People may occupy the cottages April – November, except during royal visits, Balmoral’s website says. Each cottage looks like the average cottage listed on Airbnb. The cottages are charming, but more rustic than royal. Guests may also bring their dogs to the property as long as they’re kept under strict supervision.
The value of Queen Elizabeth’s real estate holdings
By inheriting both Balmoral Castle and Sandringham House, the Queen amassed a fortune. Forbes says Sandringham House is worth $65 million while Balmoral Castle has an estimated value of $140 million. “Both of the Queen’s estates shelter highland cattle, herds of deer, rare bird species and forests that enrich the habitat,” Lenka Duskova, of the Luxent real estate agency in the Czech Republic, told Forbes. However, the Queen’s personal wealth doesn’t come close to the richest people in the world, Forbes noted.