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Monday 13 February RNW - NEWS AND ANALYSIS FROM THE NETHERLANDS IN 10 LANGUAGES, WORLDWIDE 24/7 ON RADIO, TV AND ONLINE

Dutch crown prince buys villa in Argentina

Published on 26 November 2009 - 11:10am
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Dutch Crown Prince Willem-Alexander and his wife Princess Máxima are having a holiday villa built in an exclusive resort in Argentina, after political pressure forced them last week to abandon a similar project in Mozambique.

The local building registry in Argentina and a real estate dealer involved in the sale have confirmed the royal move to Dutch weekly Elsevier.

The couple turns out to have purchased two plots of land a year ago. The plots are on the border of a lake in the Muelle de Piedra holiday park close to the Argeninian ski area of Bariloche.
 

Political pressure
The couple withdrew from a similar project in Mozambique last week following sharp criticism in the Dutch lower house. Prime Minister Jan Peter Balkenende defended Willem-Alexander on 19 November by assuring MPs that the prince was not personally involved in the investment scheme, only to return to the house a day later with a letter from the prince saying he was selling the holiday villa. The crown prince and his Argentinian-born spouse together with some other wealthy Europeans wanted to invest in the luxury holiday resort, assuming that the local population would benefit. Dutch MPs cast doubts on the involvement of dubious project developing companies.

The walled holiday resort in Argentina is not above criticism either. Local politicians successfully opposed a golf course in the area's unspoilt nature. It is also claimed that security in the area has deteriorated since the arrival of the resort.

Prince Willem-Alexander and Princess Máxima (ANP Photo)
 

  • Prince Willem-Alexander and Princess Máxima (ANP Photo)

Discussion

Thieri 29 April 2011 - 9:22am

Places we can only admire by far. It`s a real delight, proper to a royal family. Not to mention the destination of the vacation villa couldn`t have been a better choice, despite all the controversies. As for the rest of us, we get back to our affordable apartments for rent in Toronto. Luckily, the real estate market grants a suitable place for everyone in this world. So as everyone to be satisfied with the investments he`d make, at his own level of affordability.

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