I keep saying this but it’s true: the story about the Duke and Duchess of Sussex buying a $4 million villa in Portugal is a hilariously positive story for them. It’s even funnier because the story originated in the Daily Mail, which is ground zero for Sussex-hate. The Mail has been trying to spin the story into something negative for Prince Harry and Meghan, suggesting that the Sussexes are desperate to be closer to the UK, or that they’re over Montecito or whatever. But the villa story blows up the larger narrative in the British tabloids: that the Sussexes are broke failures who are on the verge of crawling back to the UK. Now the tabloids are like, gulp, the Sussexes are rich enough to afford a second home in Portugal? And it’s just an investment property for them??? LOL.
The Duke and Duchess of Sussex’s new Portuguese property is not a sign of the couple moving back closer to home, but the start of a multimillion pound property portfolio, it has been reported. The Daily Mail revealed last month that Prince Harry and Meghan Markle had bought a home near Harry’s cousin Princess Eugenie’s beachside property on the country’s west coast. Harry and Meghan visited Eugenie and her husband, Jack Brooksbank, at the CostaTerra Golf and Ocean Club, a luxury development of 300 properties by the sea in Melides, south of the Portuguese capital, Lisbon, last year in a seemingly pivotal trip.
However, while many might have suspected their purchase since was a way to move back closer to the UK, The Sun reports it is the first part of a global property empire.
The California-based couple are looking to solidify their Netlix millions, having signed a five-year agreement with the streaming giant in 2020 worth an estimated $100million (£80million). It is not known whether the Sussexes plan to leave their new home empty to accrue value, or if it will be let out to tourists as an Airbnb-style holiday home.
A source told The Sun that the pair are hoping to be ‘smart’ with their millions as they continue to foot a vast security bill in the States. Insiders suggested that they plan to invest further in real estate in the coming years.
There, the Sussexes remain in their £19.5 million Tuscan-style mansion in Montecito with seven bedrooms, 13 and a half bathrooms, library, cinema, gym, pool and chicken coop.
Incidentally, they keep talking about the Netflix contract ending next year, but I genuinely suspect that Netflix is going to renew their contract with the Sussexes. They have so many projects in development, it seems to me like Netflix wants to continue the partnership. As for Harry and Meghan having a real estate portfolio… sure. As I said, it’s a positive story for the Sussexes. They have money, they’re making smart investments, and they’re not going back to Slumlord Willy and Charles the Cruel.
Photos courtesy of Backgrid.
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- KINGSTON, JAMAICA – Prince Harry and his wife, Meghan Markle made a surprise appearance at the world premiere of Bob Marley: One Love in Jamaica as King Charles prepares for a prostate operation and Kate Middleton is a week into her hospital stay. Pictured: Prince Harry, Meghan Markle BACKGRID USA 23 JANUARY 2024 USA: +1 310 798 9111 / usasales@backgrid.com UK: +44 208 344 2007 / uksales@backgrid.com *UK Clients – Pictures Containing Children Please Pixelate Face Prior To Publication*
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- KINGSTON, JAMAICA – Prince Harry and his wife, Meghan Markle made a surprise appearance at the world premiere of Bob Marley: One Love in Jamaica as King Charles prepares for a prostate operation and Kate Middleton is a week into her hospital stay. Pictured: Prince Harry, Meghan Markle BACKGRID USA 23 JANUARY 2024 USA: +1 310 798 9111 / usasales@backgrid.com UK: +44 208 344 2007 / uksales@backgrid.com *UK Clients – Pictures Containing Children Please Pixelate Face Prior To Publication*
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- KINGSTON, JAMAICA – Prince Harry and his wife, Meghan Markle made a surprise appearance at the world premiere of Bob Marley: One Love in Jamaica as King Charles prepares for a prostate operation and Kate Middleton is a week into her hospital stay. Pictured: Prince Harry, Meghan Markle BACKGRID USA 23 JANUARY 2024 USA: +1 310 798 9111 / usasales@backgrid.com UK: +44 208 344 2007 / uksales@backgrid.com *UK Clients – Pictures Containing Children Please Pixelate Face Prior To Publication*
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- KINGSTON, JAMAICA – Prince Harry and his wife, Meghan Markle made a surprise appearance at the world premiere of Bob Marley: One Love in Jamaica as King Charles prepares for a prostate operation and Kate Middleton is a week into her hospital stay. Pictured: Prince Harry, Meghan Markle BACKGRID USA 23 JANUARY 2024 USA: +1 310 798 9111 / usasales@backgrid.com UK: +44 208 344 2007 / uksales@backgrid.com *UK Clients – Pictures Containing Children Please Pixelate Face Prior To Publication*
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- KINGSTON, JAMAICA – Prince Harry and his wife, Meghan Markle made a surprise appearance at the world premiere of Bob Marley: One Love in Jamaica as King Charles prepares for a prostate operation and Kate Middleton is a week into her hospital stay. Pictured: Prince Harry, Meghan Markle BACKGRID USA 23 JANUARY 2024 USA: +1 310 798 9111 / usasales@backgrid.com UK: +44 208 344 2007 / uksales@backgrid.com *UK Clients – Pictures Containing Children Please Pixelate Face Prior To Publication*
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- KINGSTON, JAMAICA – Prince Harry and his wife, Meghan Markle made a surprise appearance at the world premiere of Bob Marley: One Love in Jamaica as King Charles prepares for a prostate operation and Kate Middleton is a week into her hospital stay. Pictured: Brian Robbins, Tracy James, Prince Harry, Meghan Markle BACKGRID USA 23 JANUARY 2024 USA: +1 310 798 9111 / usasales@backgrid.com UK: +44 208 344 2007 / uksales@backgrid.com *UK Clients – Pictures Containing Children Please Pixelate Face Prior To Publication*
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- KINGSTON, JAMAICA – Prince Harry and his wife, Meghan Markle made a surprise appearance at the world premiere of Bob Marley: One Love in Jamaica as King Charles prepares for a prostate operation and Kate Middleton is a week into her hospital stay. Pictured: Prince Harry, Meghan Markle, Andrew Holness, Juliet Holness BACKGRID USA 23 JANUARY 2024 USA: +1 310 798 9111 / usasales@backgrid.com UK: +44 208 344 2007 / uksales@backgrid.com *UK Clients – Pictures Containing Children Please Pixelate Face Prior To Publication*
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- KINGSTON, JAMAICA – Prince Harry and his wife, Meghan Markle made a surprise appearance at the world premiere of Bob Marley: One Love in Jamaica as King Charles prepares for a prostate operation and Kate Middleton is a week into her hospital stay. Pictured: Prince Harry, Meghan Markle, Andrew Holness, Juliet Holness BACKGRID USA 23 JANUARY 2024 USA: +1 310 798 9111 / usasales@backgrid.com UK: +44 208 344 2007 / uksales@backgrid.com *UK Clients – Pictures Containing Children Please Pixelate Face Prior To Publication*
More cover for the slum lord coverage that is out there. Nothing more.
Their rep has not commented on this which leads me to believe it’s click bait and not worth their time to deny.
I gather the Sussexes pay taxes on their properties.
Absolutely! It is public record but the propaganda rota don’t like to publicize that they pay property taxes.
I saw an article about their property taxes once, but they tried to spin it into a negative somehow? Like it was an unexpected expense that they didn’t realize they were going to have to pay, or that the fact that they have to pay property taxes in the United States means that they should have never left the UK? I’m not really sure what their intention was but I have seen them cover it before.
They are so accustomed to royals dodging taxes, they can’t believe that H&M willingly pay theirs.
Also, they seem to be doing something nice by supporting their cousins’ work by helping her husband out with a sale that probably will make it easier for him to sell other homes in the development … something the welfare Windsors would never even think of doing.
My thoughts exactly. They are helping Eugenie and her husband whose job is to sell property.
I still don’t know if they’ve actually purchased anything in Portugal, but it’s hilarious that the media finally made that connection. I’ve said forever, whenever they were writing the “how are they going to afford security!!!” concern troll stories that I’m sure they weren’t just taking money out of a pot like leprechaun gold, and had likely invested in diversified options including real estate. If they do it under a Land trust in the US, we wouldn’t know.
There’s no proof they. purchased property
That is how I feel about these so called stories. If they purchased it there should be a record of it. Although I do believe it is wise of them if they do own several safe houses in various places, I would if I were them but I tend to expect the worst.
There’s no confirmation from the Sussexes because there’s no need for private citizens (regardless of their public stature) to report their personal financial transactions to the U.K. tabloids. Plus, in general, public figures do not purchase property in their own names. H&M did not purchase their Riven Rock Montecito property in their given names.
#ThereAreNoLeaksInMontecito 🌄
Funny that they have gone from being almost broke to starting a global property empire!
According to the british media, they are gonna be broke any day now. Just last month, they were saying that.
Now the house has become 19.5 million pounds ($25million)? If true, that would be a pretty good investment.
I have to laugh at how grandiose everything has to be. H&M can’t simply be buying a piece of property, they have to be building a global empire. Just like their home has to be a “rival court” and Meghan’s interest in certain issues means she’s running for president. Note to the Daily Mail – Harry and Meghan are not Will and Kate.
LOL. The numbers and stats pertaining to the Fail’s obsession with the Sussexes are always changing, apparently endlessly. It was initially reported by mainstream sources that while the Montecito property had been listed at around $25 million, the Sussexes were able to purchase it at a bargain of around $14.7 million. Of course, by now the value of their estate has skyrocketed.
@eurydice: the price of the house went up but it hilariously lost 1 bathroom! Lol. Did the Sussexes do a rehab and deleted a bathroom?
AirBnB??? Really!!
“There, the Sussexes remain in their £19.5 million Tuscan-style mansion in Montecito with seven bedrooms, 13 and a half bathrooms, library, cinema, gym, pool and chicken coop.”
Jeez, I thought it was 20 gazillion bathrooms. 🙄 When will the Fail get their gaslighting narratives straight? Never, apparently. 🤡 💩
At least, one thing is certainly true and reliable: #ThereAreNoLeaksInMontecito!
I thought the house had 16 bathrooms.
That’s the point. 😆 The original figure reported was 19, then 16. I have seen 20 mentioned. It is surely easy enough to check the original property listing. Aside from the Fail’s purposeful exaggerations, the number of bathrooms likely honestly fluctuates due to whether or not bathrooms in the guesthouse are included. Also, there are surely a few half bathrooms in the main residence.
They’ll print anything to take the heat off work-shy, slumlord, incandescent, philandering Willy.
Yes, I feel they now have a different agenda in trying to make the Sussexes sound more rich than before.
I read recently that the Clooneys have also bought a property on this development as an investment through George’s links with Jack Brooksbank.
Jack was George’s and co sales rep for Casamigo tequila for years. He travelled half the planet selling Geo’s and Randy Gerber’s booze.
I don’t believe this story either.
Has this even been verified? I assume that Portugal, like many other countries, has property and property tax records. These rags could easily verify this but they choose to quote “unnamed sources.” Absolute clowns.
The Montecito home was reportedly purchased for about half of it’s real value. And with the appreciation in real estate in that exclusive area their home could easily be worth 40 million dollars today. The Sussex clan seems quite well-off in my opinion with multiple revenue streams. If Netflix extends or renews their contract and ARO succeeds, the UK detractors and smearers will lose their collective minds and the rage will reach the zenith of incandescence.
Well if it’s an investment good for them. There’s really not much to say about it. Still don’t understand why the Fail is trying to make this news.
Let me take a swipe at this. Grifter Chuck and Slumlord Willy stories perhaps?