Celebrity Luxury Property Spain

Celebrity Luxury Property Spain

For many years Spain has been the number one choice for holidays and real estate investments. The statistics show the most popular regions for property investments are Malaga, Granada or Alicante. And talking about celebrities favorite place for investments that is Majorca Island. Many American and European famous people have vacation residencies in Palma de Majorca.

Many people are attracted to this place probably because of its histroy that is associated with King Juan Carlos. The entire royal family’s presence is familiar among the inhabitants of Majorca. Another royal visitor of this Spanish Island was Queen Elizabeth of England. With so much blue blood, Majorca attracted many American celebrities too. Michael Douglas, Patsy Palmer, Catherine Zeta-Jones, Mike Oldfield and many more invested in vacation properties on the island.

This region is so full of famous people that a regular tourist can spot a celebrity on any given day. This has been happening for the last 50 years. But it also has its private beaches, mountain isolated facilities meant to offer the celebrities just the ideal proportion between intimacy and public recognition.

Celebrity Luxury Property Spain

Celebrity Luxury Property Spain

Celebrity Luxury Property Spain

Celebrity Selling Houses

Celebrity Selling Houses

Buying or selling a celebrity real estate can be a tricky business for everybody involved. A celebrity selling its house will desperately try to keep the business confidential, but this is sometimes almost impossible because they are surrounded by thousands of annoying paparazzi and reporters. The house selling is a news event and causes all sorts of suppositions: the celebrity has lost money, is divorcing, its business is not going well and so on. Brokers do whatever they can to hide their clients’ identity.

If the seller or the buyer finds out the other one is a famous person nothing good can happen. The price of the real estate will go up, or the affair will be revealed to the seller or the buyer’s friends, family or even the media. This happened when Bruce Willis sold his Trump Tower with a 25 % higher price simply because his name. And when we are talking millions of dollars estates, 25 % can be a sum to make even a star have second thoughts about keeping his name private. This strategy does not work for everybody. Shaquille O’Neal or Britney Spears did not manage to sell their properties even though they listed them with all the details, while Donald Trump managed to sell his estate for 100 million $. He managed to get quite a profit from the original 41 million dollar buying price!

Celebrity Selling Houses

Celebrity Selling Houses

Celebrity Selling Houses

Celebrity Selling Houses