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Beckhams sell Spanish home after 8 years

Source: Contact Music - Tue 18th Aug 2015
Beckhams sell Spanish home after 8 years

David Beckham and his Wife Victoria have finally sold their home in Spain 8 years ater moving out.

The soccer star began working in the country after signing with Spanish team Real Madrid in 2003, and the couple bought a lavish home in the city in 2005.

They put the five-bedroomed house on the market in 2007 after Beckham joined LA Galaxy and moved the family to Los Angeles, but the property failed to sell amid the country's economic downturn and it reportedly sat empty for years.

The Beckhams have now finally agreed a deal for the house for £4.2 million, 10 years after they originally bought it for £3 million.

Sterling to Euro currency exchange rates peaked at 1.53 back in 2007 before spiralling to almost parity 2010 and has only recently returned to 1.42.

Recommended Reading :

* 1.5 Mln plus Expats contribute to Spain's Social Security

* Spain 3rd most popular destination for Expats

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