Ronaldo could lose $11 million as he looks to sell his apartment in Trump Tower

 

 

Cristiano Ronaldo has become the top scorer of all times in the European Championships. He can only go higher and higher as he could break the few records that are left as he continues to play a great game, which defies his age of 36, a time when many athletes retire. However, there could be one aspect in his life where he had to go lower and lower that is real estate.

 

In 2015, Ronaldo bought an apartment in Trump Tower in Manhattan. He paid $18.5 million for the 2,510 square foot apartment with views of Central Park and the Manhattan skyline. It has plush interiors. However, him buying real estate in Trump’s properties did not go down well with his fans who signed a petition asking him to sell the property.

 

In 2019, he listed his 721 Fifth Avenue property for an asking price of $9 million. However, there were no offers. Recent property records show that the football legend is willing to take a $10.75 million loss on his bachelor apartment. The current listed price is $7.75 million, according to a report by The Sun.

 

Despite taking an over $10 million hit, the star will not suffer a huge loss as his assets are over a billion dollars according to Forbes. He is not the only homeowner in the Trump Tower to take a hit in price value. Trump properties have reportedly lost 20 percent in value while other properties have lost less than 10 percent, as a result of the pandemic.

 

Ronaldo’s plush apartment is said to be the inspiration for 50 Shades of Grey. It has 18th century Versailles parquet flooring, a traditional French style with large diagonal square patterns. The rooms have burnished Koa-wood paneling. There is also a fitness rooms, 3 luxurious bedrooms and 3.5  bathrooms. Common facilities in Trump Tower include private entrances, a huge swimming pool and concierge services.

 

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