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 M&G buys hotel in Barcelona’s 22@ for €50 million 24 April 2026 Hotels Stay U-nique expands into the Canary Islands with an ibis Styles hotel 21 April 2026