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Cristiano Ronaldo and his Biggest Real Estate Investments
20 Feb 2023
Cristiano Ronaldo is not only a world-renowned footballer, but he is also an astute investor in real estate. Over the years, the Portuguese football star has made some substantial investments in various properties, both in Portugal and abroad. In this article, we’ll take a closer look at some of Ronaldo’s biggest real estate investments, as well as his strategy for diversifying his property portfolio.
Ronaldo’s First House
Cristiano Ronaldo’s first home was a modest house in Madeira, Portugal. He bought the property for €140,000 in 2002, while he was still a young footballer playing for Sporting CP. The house had three bedrooms, a swimming pool, and a small garden. Ronaldo lived in the property for several years before moving to Manchester United in 2003.
How Ronaldo Soon Diversified His Real-Estate Investments
After his move to Manchester United, Ronaldo began to diversify his real estate investments. He purchased a £3.85 million house in Alderley Edge, Cheshire, in 2006. The house had five bedrooms, a gym, and an indoor pool. Ronaldo later sold the property for a profit, and he also purchased a luxurious apartment in Trump Tower in New York for $18.5 million.
Ronaldo also owns a €7.2 million villa in Madrid, which he purchased in 2009 while he was playing for Real Madrid. The villa has seven bedrooms, a gym, and a cinema. He also owns a €6.2 million apartment in Lisbon, Portugal, which he purchased in 2019.
In addition to these properties, Ronaldo has also invested in several hotels, including the Pestana CR7 hotel chain, which has branches in Lisbon, Funchal, and Madrid. The hotel chain is a collaboration between Ronaldo and the Pestana Group, and it is designed to offer guests a unique experience that combines luxury with sport.
How Ronaldo Keeps Selling and Buying New Properties
Despite already owning several valuable properties, Cristiano Ronaldo continues to invest in real estate. He is known for buying and selling properties regularly, often at a substantial profit. For example, in 2020, he sold a luxurious villa in La Finca, Madrid, for €4.4 million, which he had purchased in 2010 for €3.7 million. He also sold his Alderley Edge mansion for £3.25 million in 2008, making a considerable profit on the sale.
Currently, Ronaldo is said to own several properties in Portugal, including a villa in Quinta do Lago, which he purchased for €7.2 million in 2014, and a €2.2 million apartment in Porto. He is also rumored to be considering purchasing a property in Miami, where he has been looking at several luxury properties.
Cristiano Ronaldo is not only a football legend but also a shrewd investor in real estate. He has made some significant investments in properties around the world, including luxurious houses, apartments, and hotels. Ronaldo’s strategy for diversifying his real estate investments has proved successful, and he continues to make regular property transactions, often earning substantial profits. With his impressive net worth, it’s no surprise that Ronaldo’s property portfolio is as impressive as his sporting achievements.
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