The hefty costs that the couple will have per year could amount to US $ 4.4 million a year.
Prince Harry and Meghan Markle never skimped on costs when searching for the perfect home, and their nine-bedroom California mansion could prove disastrous for their bank accounts.
The 14,563-square-foot (1,353-square-meter) palatial home covers more than 5.4 acres (2.18 hectares) and comes with a $ 480,000-a-year mortgage plan, all in the upscale Montecito neighborhood.
While maintenance costs can put a dent in anyone’s pockets, the added costs are sure to take the royals breathless, according to a report from the Daily Mail.
SmartAsset, a fintech company, recently touched on the couple’s potential monthly bills, claiming that their utility costs could be as high as $ 24,000, while security costs could be as high as $ 3.3 million. .
The home already comes adorned with features that the original owners took nearly five years to build. They include a fully decorated library, spa, office, gym with wet and dry sauna, game room, theater, game room, wine cellar, and even a five-car garage.
All of these services are estimated to cost the couple a total of $ 4.4 million per year. With US $ 480,000 from the monthly mortgage plan, US $ 68,000 from annual taxes and US $ 300,000 in personnel costs.
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