Kyle Richards and Mauricio Sold Their “Dream” Mexican Property for an Unexpected Reason
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The cast of The Real Housewives of Beverly Hills began their vacation on June 15 in a location that Kyle Richards is familiar with. “Kyle has gone to Punta Mita, what, 100 times?” said Dorit Kemsley. It’s possible that this is not an exaggeration. Kyle added that she and Mauricio Umansky go there “so regularly” that they almost decided to build a holiday home there (where Mauricio’s real estate company, The Agency, maintains offices). However, for an unexpected cause, the couple did not do so.
Sold the Property because of an Alligator
“We wanted this property here. We bought it, we were going to build on the beach,” Kyle shared during the episode. “My husband’s dream was to build a home, [but] my friend lived right near us [and] they had an alligator in their pool. We got offered a lot of money over what we paid for this piece of beachfront property, so I was like, ‘Take it, take it, take it!’ because of the alligator.”
While Kyle Richards isn’t currently building a home in Mexico, she is now renovating her family’s primary residence in Encino. Kyle told BravoTV.com at NBCUniversal’s upfront presentation last month that she is now “changing kind of everything” about the house after remodelling the property’s backyard (see video above).