Royal family: You could live in Prince Harry and Meghan Markle’s California mansion for £ 121,000 a month

It has been reported that Prince Harry and Meghan are planning to move again as they are not ‘over the moon’ about their 16 bed California mansion.

The Duke and Duchess of Sussex bought the US property from Sergey Grishin in June 2020. The Russian businessman bought the house in 2009 for almost £ 19million.

If it is true that the couple are considering moving, what will happen to the house? A study has found that if the couple choose to rent out the property, they could earn up to £ 121,000 per month or £ 1.5million per year.

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The couple gave the public a handful of rare behind-camera glimpses

The Duke and Duchess of Sussex are believed to enjoy living in Montecito and by the beach, but are not thrilled with the house itself.

A source said: “They want to stay in or near the neighborhood, but they are not happy with the house and the location.”

The couple can currently count Oprah Winfrey, Ellen Degeneres, Ariana Grande and Tom Cruise among their star-studded neighbors.

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Following the news that the couple are preparing to sell the house, questions are asked about what they plan to do with it.

Another source said: “They are considering selling their house there. However, it won’t be in the market because of who they are. It is only shown to people confirmed with funds and serious buyers. “

Archewell Thread / PA
We have already seen many previews of the house

The magnificent mansion is set on 7.5 acres and features nine bedrooms, 16 bathrooms, a tea room, and a private play area. There is also a library, office, spa with wet and dry sauna, cinema room, arcade and games room, wine cellar, and five-car garage.

The land would also have rose gardens and a separate guest house with two bedrooms and two bathrooms.

Following news of a possible move, Luxury Hotel accommodation experts analyzed the overall Montecito home value and found out how much the couple could charge each month if they decided to rent.

The study estimated that they could earn at least £ 121,000 per month ($ 164,000) and £ 1.5million per year in rent on the massive property.

Prince Harry and Meghan could get a huge sum of money if they decide to rent the property

A spokesperson for Luxury Hotel commented on the results:

“With sources recently reporting that Prince Harry and Meghan Markle are considering leaving their luxury home in Montecito, it will be interesting to see what the couple decide to do next with the property.

“Given the extraordinary fame of the Duke and Duchess of Sussex, the fact that they even lived in the property will make it one of the most exclusive homes in the world.

“And if they decide to invest for the long term in their luxury mansion by renting it, they will not lack enthusiastic tenants”

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