Iberian Property > News > Hotels Alting buys an office building in Gran Vía to convert into hotel The transformation works are expected to be completed in the first quarter of 2026. The project's investment is estimated at around 35 million euros. Alexandre Lima | 06/03/2025 Gran Vía 3, Madrid Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Market Updates José María García Gómez, the new Minister for Housing, Transport and Infrastructure for the Community of Madrid 30 October 2026 Market Updates Portuguese Government invests €16M in the restoration of Burnay Palace in Lisbon 05 November 2026