Just now, according to the latest news brought by the Spanish media Marca newspaper. Riyadh Victory star Cristiano Ronaldo is set to sell one of his mansions in Madrid in the near future. The Portuguese striker bought it for €3.5 million in 2019 and is now ready to sell it as he has no additional residency in Madrid.
It is reported that this mansion is located in the headquarters of the former Banco de las America, which was later converted into a comprehensive hotel by a local developer. The Government of the Community of Madrid downgraded its status as a historic building, so that it could be remodeled and sold to the outside world. Cristiano Ronaldo's house is located on the 8th floor, and due to its prime location and historical atmosphere, this 125-square-meter house was sold for a high price of 3.5 million euros at the time. Cristiano Ronaldo bought one for some reason, but the Portuguese superstar didn't live there. In addition to his own mansion in other parts of Madrid, he has rarely returned to Madrid since leaving Real Madrid in 2019, so the residence has been unused.
This is also the main reason why Ronaldo is ready to sell him. Even if he wants to go back to Madrid for a few days in the future, he can go back to the villa he originally bought, which has zero use value for him. It is worth mentioning that although the residence is only 125 square meters, it has a very luxurious ensuite. There is also a living room, a kitchen and a bathroom. It is also equipped with infrastructure comparable to that of a five-star hotel. Coupled with the excellent location and close proximity to Madrid's Puerta del Sol Square, the price of the residence purchased by Ronaldo has increased in the past few years, and the current price is about 5 million euros.
However, according to Marca, Ronaldo's desire to sell this kind of residence has encountered some obstacles. Since the mansion is located inside the headquarters of the Bank of America, the buildings on this lot were previously listed as Spanish Historic Buildings. Although the level of protection was later downgraded, it is still not a casual dwelling. Ronaldo had previously tried to sell, first listing the home with a real estate company, but was told two weeks later that it could not be sold.
Now Cristiano Ronaldo is also facing this problem and wants to really sell this house. There are three ministries that the star needs to notify: the Ministry of Culture and Sports, the city of Madrid and the government of the Community of Madrid. Only after all three approvals have been passed can the dwelling be used for commercial sale. It can be said that it is very troublesome. For Ronaldo, this 125-square-meter mansion can be described as tricky. However, fortunately, Ronaldo's team has already begun to act, thanks to the fact that the level of the previous protected building has been reduced, so the relevant procedures should be handled relatively quickly. Cristiano Ronaldo will sell the property outright in the near future.
For the Portuguese star, his career is now coming to an end. He began to focus more on taking care of his assets and running his business after retirement. For Cristiano Ronaldo, he has a mansion in his Portuguese hometown, Madrid, Turin or Manchester. And he is also preparing to build a new retirement villa in his hometown in Portugal, which is already under construction. In the case of too many houses to live in, it is expected that such a small house will be sold.
And the sale price of 5 million euros is indeed insignificant for Ronaldo's income level at this stage. After all, his annual income in Saudi Arabia alone can exceed $200 million, which is the highest of any athlete in football. It is worth mentioning that Cristiano Ronaldo has recently been banned for two games due to his irrational behavior on the pitch. However, the Portuguese star doesn't seem to care about this, and how to take care of his assets and prepare for the upcoming retirement is the most important thing. What do you think about this?