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 Badi and Caterina are merging to create a flex-living platform 14 July 2026 Hotels Fuerte Group Hotels is investing €14M to develop a luxury hotel in Granada 16 July 2026