Otto von Habsburg lost his austrian nationality after the fall of the Empire.
And the right to live in the country they once ruled in most cases.
Basically everything that is state owned or crown owned and yes in several examples monarchs and members of their family were murdered.
In the UK HM would loose all her palaces except Sandringham and Balmoral as they are privately owned. Most of the collections she has are crown property so would also fall to the nation but everything she owns privately would remain in her possession.
In the Netherlands the King would loose the use of the 3 palaces that are state owned and the use of Castle het Oude Loo but he would get the part of the domaine surrounding the castle that Queen Wilhelmina gave to the state back as that gift is under conditions and in case the monarchy is ended the property would return to the family. Everything that is privately owned by members of the Royal Family and by the various foundations would remain in private possession also.
As much of the collections used by the Belgian monarchy are part of the gift of Leopold II to the state im not certain if he put in stipulations about what would happen to his gift in case Belgium abolished the monarchy.
In most European monarchies there is a clear distinction between private and public (state or crown) owned properties and collections. I think the most tricky countries would be Liechtenstein and Monaco not surprisingly they are also the two richest families.
In olden days usually their head. As in the case of King Charles I of Britain and King Louis XVI of France
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