Iberian Property > News > Hotels Terralpa buys Madrid’s Palacio de Gamazo for €60M The acquisition from PSN will convert the building into branded residences via Terralpa II, in partnership with AltamarCAM. Alexandre Lima | 09/06/2025 Palacio de Gamazo, Madrid Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Market Updates Blackstone receives bids exceeding the €1 billion mark for Fidere's portfolio 02 January 2026 Hotels ADNH negotiates the acquisition of Millenium Hospitality 23 December 2025