Valentin made the top 3 in the 2019 Miss Universe Puerto Rico pageant and was selected in the top 10 of Miss Grand International 2020.
Varela also successfully made it to the finals after being crowned Miss Argentina in 2019.
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The clip showed balloons that spelled out the words "Marry Me?" in front of a string of lights with balloons, rose petals and candles lit romantically in an intimate room.
In a series of photos, the couple showed off their diamond rings atop a glittering pink and white cake.