Princess Margaret's wedding gift: Mustique villa now rents for $50,000 a week

Princess Margaret, the younger sister of Queen Elizabeth II, received a 10-acre plot on the Caribbean island of Mustique as a wedding present in 1960 from British aristocrat Colin Tennant, later Lord Glenconner. She subsequently commissioned renowned British designer Oliver Messel to build a private holiday residence on the property, naming it Les Jolies Eaux, meaning 'beautiful waters'.

The villa became one of Margaret's favourite retreats, where she spent holidays and entertained friends away from royal engagements and public attention. More than six decades later, the former royal residence is available for luxury holiday rentals.

Located on a secluded stretch of Mustique's southern coastline, the five-bedroom property commands rates of up to $50,000 per week during the January-April high season.Princess Margaret's 10-acre wedding gift on MustiqueThe story of Les Jolies Eaux began with Colin Tennant, a Scottish aristocrat who purchased Mustique in the late 1950s for approximately £45,000.