Meghan Markle and Prince Harry’s Montecito move ‘prompts neighbours exit’ as prices soar | Royal | News

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The Duke and the Duchess of Sussex bought a home in the coveted Santa Barbara area last year following their bombshell decision to step back from royal life and move permanently to the United States. The couple bought the mansion several month after relocating – which boasts nine rooms and 16 bathrooms and is believed to be worth £11.2 million.

A source close to the royals told Us Weekly about the Sussexes move to Montecito: “Moving there was always an option, but to begin with, she and Harry wanted to give Los Angeles a shot.

“Unfortunately, Harry absolutely hated it—the timing was so wrong amid the pandemic and they lacked privacy.”

The same source added: “Meghan visited Montecito in her teens and fell in love with the picturesque scenery and stunning architecture.

“An added bonus is that Montecito is only just over an hour’s drive from LA, which is where a majority of their work is based, yet far enough away to escape the crowds, paparazzi, and tourism in Hollywood.”

But the couple’s arrival in the West Coast home saw property prices spike, prompting an exodus of neighbours who took the opportunity to sell their homes, according to Mirror.co.uk.

Forbes reported that actor Rob Lowe’s former property, which was in close proximity to the Sussexes’, was on sale for $22.5million.

A description by realtor Timothy Di Prizito read: “An enchanting estate to inspire adventurers of all ages, this legacy property embodies the epitome of Montecito and Southern California.”

The couple’s decision to relinquish their royal duties has led to speculation regarding their future plans and whether they would ever return to live in the UK.



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