Meghan Markle and Prince Harry are ‘doing everything they can’ to hold onto it'
Meghan Markle and Prince Harry are reportedly planning to sell their Portuguese home amid reports of financial crisis, however, the decision will be ‘heartbreaking.'
According to a report by the Closer, the insiders believe King Charles younger son and daughter-in-law could be faced with the ‘heartbreaking decision’ over whether to sell their idyllic Portuguese retreat amidst their alleged deepening financial crisis.
The close confidant said, “Everything's under the microscope financially right now and their Portuguese place is one of their biggest expenses after Montecito, if not the biggest.
“Even though it's a newer property, there are still plenty of costs beyond the millions they spent to buy it. The annual club fees alone are eye-watering, then you've got insurance, taxes, maintenance, and all the other day-to-day costs of keeping a holiday home running, so it's become a massive luxury at a time when there's less money coming in and plenty going out.”
The spy said Meghan Markle and Prince Harry are ‘doing everything they can’ to hold onto it because they absolutely love having that escape.
However, the insider said but the reality is “they're having to look at every major outgoing”.
“If things don’t improve financially, it’s definitely one of the assets that will very likely end up on the chopping block, as painful as that would be.”
The fresh claims came days after Meghan and Harry apparently spent time in Portugal with their kids Archie and Lilibet.