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date May 1, 08 12:55 PM

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Reports are in that Ricky Martin has added another property to his portfolio. This time, he's purchased an island off the coast of Rio de Janeiro, Brazil. According to reports, Martin paid approximately $8 million for the small island that is part of the Angra dos Reis archipelago. Ricky currently owns two homes in Miami, a condo in New York City and a home in Beverly Hills.


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