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- Denmark’s Prince Nikolai is reportedly struggling to sell his Copenhagen home
- The 23-year-old son of Prince Joachim has dropped the price of his apartment
- He is set to be stripped of his royal titles by his grandmother Queen Margrethe II
He is set to be stripped of his royal titles by his grandmother Queen Margrethe II of Denmark – and Prince Nikolai is now facing more bad news as he ‘struggles to sell’ his Copenhagen apartment.
The 23-year-old son of Prince Joachim has dropped the price of his three-room property for a third time, according to Royal Central, with the model now asking for 4.6 million Danish krone (£536,431).
Nikolai first placed the ground floor apartment on the market in September 2021 for 5,495,000 DKK, before reducing it three times. He most recently cut the price last month by 400,000 DKK.
September was a difficult time for the Danish Royal Family, with Prince Joachim openly criticising his mother Margrethe’s decision to strip his children, Nikolai, Prince Felix, 20, Prince Henrik, 13, and Princess Athena, 10 of their royal titles.
And while the dust appears to have settled on the royal row, several Danish media sources have reported that Nikolai is ‘having issues selling his home’, according to the publication.
The prince apparently bought the apartment for 4,100,000 DKK in 2019, when starting at the Copenhagen Business School.
He moved to Paris in September 2021 to study a semester abroad for his degree in Business Administration and Service Management. He returned to the Danish capital in January.
Following his grandmother’s move to strip him and his siblings of their titles ‘for their own good’, Nikolai said that he was sad, shocked and confused.
Queen Margrethe said Prince Joachim’s four children would be known from next year as His/Her Excellencies rather than His/Her Royal Highnesses and would instead hold Count/Countess titles.
Nikolai’s mother Countess Alexandra’s press secretary previously questioned why the change could not have waited until their wedding day, when they would ‘lose their titles anyway’.
‘My whole family and I are of course very sad. We are, as my parents have also stated, in shock at this decision and at how quickly it has actually gone,’ Prince Nikolai, Prince Joachim’s eldest son, told Danish newspaper Extrabladet.
‘I am very confused as to why it has to happen like this,’ he told reporters from outside the Copenhagen apartment where he lives with his girlfriend.
Countess Alexandra, mother to Prince Nikolai and Prince Felix, was also ‘very sad’ and ‘shocked’ about the decision.
‘She can’t believe why and why now, because there’s no good reason.’ Helle von Wildenrath Løvgreen, press secretary to Countess Alexandra told CNN.
‘They would lose their titles anyway when they get married one day.
‘Her sons are young men so maybe they might get married in the near future so why shouldn’t it wait until that day so that the titles would disappear on a happy day?’
Prince Joachim told Ekstra Bladet that his children had been ‘hurt’ by the decision – and claimed he had only been given a few days to break the news to them before the announcement was made publicly.
He later admitted his relationship with his brother, heir to the throne Crown Prince Frederik, whose children were unaffected by the change, was ‘complicated’.
In an extraordinary move, Queen Margrethe responded with a public statement in which she apologised for the way in which her decision was announced, but insisted it was the right thing to do.
She added her decision had been made in order for her grandchildren to live a more normal life.
After nearly two weeks of reported tension within the family, it had been revealed that Prince Joachim and Queen Margrethe held talks to smooth things over.
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