Lord Alan Sugar sells his luxury 12 million Euro Marbella villa

Lord Alan Sugar cashing in on the upturn of the Marbella property market. He has just sold his villa in Marbella for 11 million euros which was put on the market earlier this year for 12 million.

The Apprentice star – who has an estimated wealth of more than £1 billion, according to the Sunday Times rich list – is set to double his money. He has owned the property for the past 15 years and once the sale completes he is expected to make a profit of around 5 million euros.

It is understood that he is looking to downsize to a penthouse possibly in Spain or the U S.

The three-story villa includes a 200m2 underground car park, pool and gymnasium. There is also access to the beach and one of Marbella’s top tennis clubs.

Lord Sugar sits 101st in the Sunday Times list of wealthiest Brits, announced last month.

If you are looking for a luxury property on the Costa del Sol then click here to go to the One Marbella website which has thousands of properties in and around the Marbella area.

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