The British King, Charles III, has given up a property in Wales in order to begin a process of reducing the expenses derived from his numerous residences, as reported by The Telegraph newspaper today. It is about an estate in Llwynywermod, in south-west Wales, which, together with the dukedom of Cornwall, passed into the hands of his eldest son, William, when Charles acceded to the throne and for which he should now pay rent to the current Prince of Wales.

Charles III acquired the Llwynywermod estate in 2007 through the Duchy of Cornwall, which he held as heir to the Crown for more than 70 years, according to the same source.

Carlos frequently used the country house as a base for his visits to Wales, even spending a summer there with his wife, Camilla. But after becoming king he envisions far fewer stays there.

After the coronation, once the dukedom of Cornwall passed into the hands of his eldest son, William, as heir, the king has paid rent for its use, which will cease to be effective this summer.

Sources from the royal house explained to The Telegraph that Carlos III continues to be “passionate” about that British region, where he spent part of his youth, but that it is “unlikely” that he could visit it with the same regularity.

After the Coronation ceremony, which took place almost a month ago, the king’s advisory team has begun a reflection on what to do with the multitude of properties belonging to Carlos III, such as those of Highgrove, Birkhall, Clarence House, Sandringham and Balmoral, as well as the official residences of Buckingham Palace and Windsor Castle.

One of the alternatives being considered is to expand public access to some of these facilities to contribute to their maintenance costs. Another, assumed since the arrival of the new monarch at Buckingham Palace, has been to lower the heating. A gesture with which many of his subjects can identify.