A grand palace owned by the late Prince Philip’s family has been left untouched for decades. But a £12.3million renovation of the home could finally see it restored to its original glory. The Tatoi Palace - located on Mount Parnitha, near Athens - was the Greek royal family's home before the abolition of monarchy in 1973. King George I bought the 10,000-acre estate with private funds from Denmark in 1872 for his family to enjoy in the summertime, according to the Ground News website.