Iberian Property > News > Hotels Spanish family office buys the Rafael Atocha hotel for €81M at a record auction Bancalé, an asset-holding company owned by the Aragonese Fabre Luengo family, has been awarded the property, doubling the starting price. Alexandre Lima | 10/07/2024 Rafael Atocha hotel, Madrid Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Residential Mexican investor acquires Madrid building near Atocha 22 December 2025 Offices Argis acquires Torre Sevilla from CaixaBank for over €130M 02 January 2026