Princess Cristina is said to have come to an agreement over the sale of her luxury villa in Barcelona, although a judge will still have to sign off on the sale.
Cristina, who is facing two charges of tax fraud, has come to a “verbal agreement” to sell the three-storey home in the exclusive Pedralbes area of the Catalan capital which she jointly owns with her husband Iñaki Urdangarin.
Cristina and Urdangarin, bought the two-bedroom home in 2004 for €5.8 million and spent around €3 million upgrading the property, according to Spanish media reports from 2014.
Before the princess can close out the deal, however, she will need the permission from the judge overseeing the criminal case against her and Urdangarin.
The 1,000-square-metre (10,700-square-foot) property - replete with a salt-water swimming pool - is currently embargoed as Urdangarin did not stump up the €6.1 million civil bond imposed by the judge as part of a long-running investigation into his business dealings.
Scandal-hit princess set to sell six million euro mansion
R.L.