This $15 Million Christmas Tree in Spain Might Be the Most Expensive in the World

Even the simplest Christmas trees have an elegant beauty about them, but Christmas trees decked out in jewels are downright mind-blowing.

According to CNN, the Christmas tree in the lobby of the Kempinski Hotel Bahia, near Marbella, Spain, might actually be the most expensive Christmas tree in the world.

What guests will notice the most about the hotel’s tree, created by haute couture designer Debbie Wingham, is that it’s heavily decorated in diamonds, but not just regular white diamonds, but also red, pink, and black ones. Marilyn Monroe would be green with envy.

In addition, the tree is decorated with precious stones, designer jewelry, and 3D-printed chocolate peacocks and ostrich eggs (which are edible), CNN reported. According to the Robb Report, many of the bits and baubles on the tree are Art Deco-inspired, and take the form of other luxury items like perfume bottles and martini glasses. Digital artist Gary James McQueen and resin artist Debra Frances Bean also assisted in creating the tree, according to the Robb Report.

Overall, the tree is valued at an astonishing £11.9 million (about $15 million USD), according to CNN. Well, that is a lot of Christmas cheer. Of course, not all of the decorative pieces were originally made for the tree. Every gemstone on the tree is “ethically sourced and upcycled” from existing luxury jewelry from fashion brands like Bulgari, Cartier, and Chanel, according to the Robb Report.

For context, according to Bloomberg Businessweek, the Christmas tree at Rockefeller Center in New York City is worth only a meager $73,500 USD.

The current Guinness World Record holder for the world’s most expensive Christmas tree belongs to the Emirates Palace hotel in Abu Dhabi, valued at about 41 million AED (about $11 million USD). The hotel won the record in 2010. It looks like the Kempinski Hotel Bahia is a pretty strong contender for the new title (if the hotel were to apply).