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: Hotels Hestia plans to invest €18M in tourist accommodation in Seville 26 June 2026 Data Centers Madrid ranks among the top five data centre markets in EMEA 15 June 2026