King Charles under pressure: what will happen to the expensive Frogmore Cottage?

King Charles under pressure: what will happen to the expensive Frogmore Cottage?

Frogmore Cottage, a historic property in the grounds of Windsor Castle, has been empty since Prince Harry and Duchess Meghan moved out. The empty luxury building, which was once given to the couple as a wedding gift from Queen Elizabeth II, has four bedrooms and children's rooms. After the Sussexes moved to the USA in 2020, the cottage was temporarily occupied by Princess Eugenie and her husband Jack Brooksbank, but they too are now leaving the British island and now living in Portugal.

The assets and use of this estate represent King Charles III. faced with an important decision. As owner of the property, he faces pressure to find a viable use for Frogmore Cottage. Real estate expert Robin Edwards has made suggestions in this regard, ranging from commercial rentals to accommodation for high-profile guests.

A historical legacy under pressure

Frogmore Cottage was built by Queen Charlotte in 1801 and has remarkable historical relevance. It was also once the residence of Grand Duchess Xenia Alexandrovna in the 1920s after she left Russia. Despite its historical significance, the property's continued disuse could be seen as controversial, as Edwards warns.

The cottage was renovated by the Sussexes at a cost of £2.4 million, an amount which they have repaid in full. After their official duties as working royals, the property was occupied in spring 2019, but Harry and Meghan left it permanently in 2023 after their license was not renewed.

Financial considerations and possible use

The possibility of commercial rental is considered financially attractive. It is estimated that Frogmore Cottage could generate monthly income of over €35,000, resulting in annual income of just under £475,000. However, King Charles must also consider ongoing maintenance costs before making a final decision.

If Harry and Meghan finally reject the property, the Royal Family is planning several options for future use. Possible options include renting out to suitable high-profile prospects who would be subject to security clearance, or being used as accommodation for senior members of the royal household or state guests during important events in Windsor. It was also suggested that it be rented to Prince Andrew, which he rejected.

So the future of Frogmore Cottage remains uncertain, but King Charles' decision in this second year of his reign will be crucial to how the significant legacy continues.

For more information, see the articles from calf and marieclaire.com.