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It is the luxury Spanish villa where the young Diana Spencer spent summers and now the so-called 'Mallorcan Castle' is for sale.

And despite its staggering £30million price tag, Madonna is said to be interested in buying the luxury bolthole.

The grand villa is where the young Diana enjoyed summers before marrying Prince Charles and the Material Girl is reported to be interested even though she is yet to see the property.

But the wealthy owner who snaps up the villa will also get a private cave and a pontoon for 30metre yachts included.

The 1,400 square metre property includes a sauna, gym, piano lounge and billiards room.

Guest houses, a swimming pool, gardens and terraces also feature in 6,000 square metres of land.

The Puerto de Andratx property, 20 minutes from Palma, is the most expensive in Mallorca.

Neighbouring properties have previously sold for £21,500 per square metre.

Other former guests include ex-German chancellor Christian Wulff.

Grand design: The property known as Castilla Mallorca - Mallorca Castle in English- is on sale for a whopping £30million

Celebrity bolthole: Princess Diana (R) used to spend her summers at Castillo Mallorca and Madonna is reportedly interested in buying the property

Pool with a view: The property overlooks the sea and comes with gardens and terraces as well as its own cave and a yacht pontoon

Precarious setting: With sea views on both sides of the property, and a staircase straight down into the water, the luxury villa is billed as the most expensive on the Balearic island

Royal hat trick: Princess Diana, Prince Charles and former Spanish Queen Sofía spent a summer holidaying on the Balearic Island, where Diana also spend many childhood summers