A Danish king has been caught on video making a joke about his home as it was being sold off in an auction.

The king of the small country of less than 2 million, whose home has a number of rooms and a number other features, said the property, which is valued at more than half a billion Danish kroner ($10.6 million), is not a real estate investment property and has no real value.

The king was reportedly looking for a new home, the Danish Broadcasting Corporation reported.

The property in the southern town of Sogn, in the country’s far north, was purchased by the state in March 2016 and is home to a private home, but it’s unclear if the property will ever be put to use.