Saturday, February 07, 2015


It seems that the King’s sister, Cristina de Borbón will have to sell the mansion she and her husband, Iñaki Urdangarin , own in the exclusive Pedralbes district  of Barcelona. She needs the money to cover the bond required by the court in Palma de Mallorca. The house was bought in 2004 for 6m euros.

Half of the house is already under a court embargo. Urdangarin has to pay 13.5m euros on his behalf and Cristina 2.6m euros. The judge has agreed that the couple can pay off the 4.4m euro mortgage on the property and send what remains after taxes and costs to the court. 

Don't worry though that the couple will not be homeless because they moved to Switzerland in 2013 with their four children.

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