Prince Harry and Meghan Markle’s recent purchase of a lavish £6.3 million estate in Portugal’s CostaTerra has sparked outrage among locals. According to sources, residents are frustrated by the increasing privatisation of the coastal area, fearing limited access for locals as wealthy foreigners acquire more beachfront properties. Keep scrolling to know all about it!
The Duke and Duchess of Sussex have purchased a new holiday home in Portugal. This property is said to be close to Prince Harry’s cousin Princess Eugenie and her husband Jack’s holiday home, too. This is an exclusive Costa Terra Gold and Ocean Club designed by Denton House. Now, residents near Harry and Meghan’s are voicing concerns over wealthy foreigners purchasing coastal properties.
Developers are now allowed to build on public beaches and designate them as ‘private, ‘ with limited access for locals. Earlier, rules prevented such developments, but new regulations have enabled the privatisation of beautiful natural areas, reported The Mirror. One local named Bradley McGuinness expressed frustration and called it “the worst thing to happen to the Portuguese coast.”
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Another local resident, Andre Andrade, added, “I am very upset by this massive piece of Portuguese land destroyed for the rich, removed from the average local that had been creating memories in this place for generations and generations.” According to reports, multimillionaire real estate billionaire Mike Meldman owns the CostaTerra Gold and Ocean Club.
Prince Harry and Meghan bought this property recently, and the couple currently resides in a £23.6 million mansion in Montecito, California, near celebrities like Ellen DeGeneres and Katy Perry. For more such updates on the royal family, keep following Soap Opera Daily! Share your thoughts on this with us in the comments below.
