Actor Richard Gere recently announced his intention to relocate to Spain and has sold his Connecticut property for $10.75 million. Gere, who purchased the house in New Canaan for $10.8 million in 2022, has decided to leave the United States, where he has lived with his wife, Alejandra Silva, since their marriage in 2018. The sale of his Connecticut home marks a financial loss, as he sold it for $50,000 less than his purchase price.
The actor had envisioned transforming the Connecticut estate into a farm. Set on 32 acres of land, the property includes 11 bathrooms, a pool, various gardens, and a three-bedroom guest cottage. Originally, it was sold to Gere by musicians Paul Simon and Edie Brickell, who also took a loss on the property after they paid $16.5 million for it over 17 years ago. According to Sotheby’s listing, the estate boasts “period details” that capture an old-world charm, and it remains a stunning representation of architectural craftsmanship.
Gere’s decision to move comes as he considers the happiness and cultural roots of his wife, Alejandra Silva, a native of Spain. In an interview with Vanity Fair Spain, Gere shared his appreciation for Spain, where Silva’s family resides, stating, “For Alejandra, it will be wonderful to be closer to her family, her lifelong friends, and her culture.” He also expressed his gratitude for Silva’s willingness to spend the last six years in the United States, noting, “She was very generous in giving me six years living in my world, so it is only fair that I give her at least another six living in hers.”
The relocation is also anticipated to be an enriching experience for their young children, Alexandra and James, who are five and four years old, respectively. Reflecting on the move, Gere described Madrid as a “great adventure” for himself, Silva, and their children. He expressed his admiration for Spanish culture, saying, “I love Spain and the ability of the Spanish people to live transmitting joy and happiness.”
While Gere prepares for a new chapter in Spain, he still maintains ties to the U.S. through another property. He mentioned that he keeps a house “in the countryside near New York,” indicating he’ll continue to have a connection to his current homeland. Gere and Silva’s relationship, which began in Positano, Italy, in 2014, culminated in marriage four years later. At the time, sources close to the couple spoke about the depth of their happiness, noting they were “extraordinarily happy,” with one source adding, “They’re so comfortable with each other, have fun together, and are looking forward to their future together.”
