Iberian Property > News > Hotels Family office acquires Room Mate Alba Hotel in Madrid for €32.5M The four-star asset, located in the Barrio de las Letras district and offering 80 rooms, will continue to be operated by Room Mate after the sale. Alexandre Lima | 07/08/2024 Room Mate Alba Hotel in Madrid Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Residential Ilunion and Avintia will build their first care home under Madrid’s 40/40 Plan 06 November 2026 Residential SINGOLD INVESTS €20M IN 126-UNIT FLEX LIVING DEVELOPMENT IN MADRID 10 November 2026