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Prince Harry and Meghan Markle have taken the first step of investing their millions from TV and book deals into a new venture.

Prince Harry and Meghan Markle are investing their millions of pounds worth of earnings from TV and book deals into a global property empire, it has been claimed.

This comes as the royal duo are believed to have recently purchased a property in Portugal. The new home is reportedly just an hour’s drive south of Lisbon on Portugal’s west coast, between Comporta and Melides, in the CostaTerra Golf and Ocean Club resort.

Insiders told The Sun the new Portugal home, which is close to a property owned by Princess Eugenie and her husband Jack Brooksbank, will be part of a financial portfolio which will include more real estate.

A source said: “They’re being smart with their money.”

The outlet also understands the Sussexes do not plan to live in their new property and it is not known if it will be rented out or used for Airbnb-style holiday lets.

Since quitting royal duties in 2020, Prince Harry and Meghan Markle have pocketed a reported £75million from Netflix for their shows, including the ‘Harry & Meghan’ docuseries which contained bombshell claims about the couple’s private life and the Firm.

Meanwhile, it is understood Harry also received a £15million advance for his autobiography Spare, which was released in a paperback version last month