Tuesday, February 10, 2009

Ronaldo buys 8m£ hotel in Portugal

CRistiano Ronaldo invested a lot of money in property lately, according to The Sun Ronaldo plans to put £8million into a hotel on Porto Santo, an island near his native Madeira.
Cristiano already possesses some places, including a £4m house in Cheshire,a villa and a apartment near Lisbon,a house in Madeira and he also invested in boutiques for his sister.Anyway at a time of recession and when property prizes are falling, this appears to be a very reasonable long-run investment.

Porto Santo-Madeira


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