The couple bought the four-bedroom beachfront pad last year (15) and the Gerbers are hoping renovations will turn the place into a must-buy for rich kids looking for a place overlooking the ocean.

Restaurateur Rande and his model wife, and George Clooney and his lawyer wife Amal recently sold their neighbouring Cabo San Lucas, Mexico vacation homes, a compound named Casamigos, for $100 million (£80 million).