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The former inherited it when his grandmother, the Queen Mother, died in 2002, and the couple spent their honeymoon there in 2005. One of the cottages at Balmoral, Birkhall, belongs to King Charles III and Queen Consort Camilla. The King is not subject to paying any inheritance tax on the property due to a 1993 agreement with the government.
Forbes reports that Balmoral is currently valued at a whopping $118 million. King Charles inherited both of them upon the death of his mother, Queen Elizabeth II. Though official royal residences like Windsor Castle and Buckingham Palace are owned by the Crown Estate, which is funded by British taxpayers, Balmoral is the personal property of King Charles III, as is Sandringham, located in Norfolk, England. Balmoral Castle is roughly 500 miles from Buckingham Palace, a nine-hour drive. The estate is located on the right bank of the River Dee in Aberdeenshire, Scotland, near the town of Ballater and not far from the Lochnagar Mountain, a popular hiking destination. (Princess Diana, reportedly, passed the test with ease, while Margaret Thatcher was said to have fared worse.) Below, we break down what exactly a design buff needs to know about the vacation palace, from its history and architecture to its opulent interiors and the surrounding property. It also served as the setting of an especially memorable episode in Season 4 of The Crown, aptly titled “The Balmoral Test,” which detailed the painstaking gauntlet of unspoken trials that served as a crucial assessment for outsiders, despite their social rankings as prominent political figures or otherwise esteemed guests of the family. Queen Elizabeth II did a good job of keeping the extravagant dwelling relatively private, but there are a few interesting design details that have slipped out over the years. According to a palace spokesperson, no official public event commemorating the one year anniversary of the monarch’s death is scheduled, so the king and company may very well just be spending a quiet day of reflection at the Scottish retreat. Since their arrival, the pair have watched on in the audience of the storied Highland games and have met up with Prime Minister Rishi Sunak at a church service, so it’s already been a relatively eventful holiday. But royal traditions are not easily broken, and Charles and his wife, Queen Camilla, did in fact make the journey to Balmoral in late August of this year for the customary summer visit to the property. The 96-year-old British monarch had spent the end of the summer there for decades, and after her death, many wondered if King Charles would do the same. Last September, Queen Elizabeth II took her last breath at her beloved Balmoral Castle in the Scottish Highlands with her son King Charles III, grandson Prince William, and other family members by her side.
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