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Cristiano Ronaldo, world soccer’s Player of the Year, will move into a 1,000 square meter (10,764 square feet) home in Madrid after joining Real Madrid for a world-record fee.

The 24 year-old winger has signed a deal to occupy the property in Pozuelo de Alarcon, 15 kilometers west of central Madrid, according to an official from Gilmar, the property broker that managed the deal. She declined to be identified by name or comment on whether Ronaldo will buy or rent the property and how much he will pay.

Properties in that area sell for between 5 million euros ($7.2 million) and 10 million euros, said Fernando Encinar, co- founder of Idealista.com, Spain’s largest real estate Web site. Rents range from 8,000 euros to 18,000 euros per month, he said.

The property has 5,000 square meters of grounds and is part of an estate that has a “great deal” of security, she said. Phone calls made to the office in Porto of Jorge Mendes, Ronaldo’s agent, went unanswered.

Real Madrid agreed to sign Portugal’s Ronaldo from Manchester United for 80 million pounds ($135 million) in June.