David and Victoria Beckham have joined forces with Elton John to splash out on a lavish new holiday home. The soccer ace and his former Spice Girl wife have reportedly combined their riches with the flamboyant singer and a mystery third investor - believed to be rock star Sting - to splash out more than £4 million on a nine-bedroom beachside pad in South Africa's exclusive coastal village, Llandudno. A source is quoted by Britain's Daily Star newspaper as saying: "The best thing about the place is the scenery. There are floor-to-ceiling windows with views out to sea." The superstar couple, whose first son Brooklyn is Sir Elton's Godson, have told pals they will initially use the three-storey beach house as a holiday home but are considering plans to turn it into a trendy 'boutique hotel'. According to reports, the palatial home - situated just 10 miles from Cape Town - is already in hot demand. The trio - whose combined fortune is estimated at more than £300 million - have already rejected a £3 million offer for the three-year-old mansion, which was designed by South Africa leading architect, Stefan Antoni. Sir Elton has made no secret of his desire to add to his flourishing property portfolio.

The 57-year-old star and his partner, David Furnish, who have played host to the Beckhams at their St Tropez pad on a string of occasions, also divide their time between other houses in Atlanta and London.

He said in a recent interview: "I'm addicted to buying a piece of property, doing it up, and then buying another piece. My mum always wanted me to put my money in bricks and mortar instead of up my nose."


Tagged in