Prince Harry and Meghan Markle are diving into the real estate market with massive plans to build a hefty property portfolio, insiders claim. The couple, who wed themselves away from Royal duties for a Californian life, have snapped up a lavish pad in Portugal, neighbours to Prince Harry's cousin, Princess Eugenie, along the nation's scenic western coast. Whispers suggest this is just the first step towards purchasing properties around the globe.
There was speculation that this could be signalling a gradual move back to Blighty for Harry, but reports out this weekend now suggest it's more about investing "wisely" the millions from their Netflix deal. The couple, it is claimed, are now on a mission to be "smart" with the cash, having previously signed a $100million, five-year agreement with the streaming giant. The Portugal property purchase is the couple beginning to be "smart" with the cash, an insider has told The Sun newspaper.
They might opt to let the plush abode appreciate or rent it out as a swanky holiday spot. "They’re being smart with their money," a source told the paper. Harry and Meghan's security needs continue to ring up a hefty tab, as they allegedly insist on 24/7 protection on US soil.
Now, it's said they're planning to pour even more money into bricks and mortar over the coming years. The couple already own a lavish £19.5 million mansion in Montecito, California, complete with seven bedrooms, 13 bathrooms, and even a chicken coop.
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