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: Logistics M7 acquires 13 logistics assets in Spain for €181 million 02 June 2026 Hotels Spain retains its position as Europe’s top destination for hotel investment 03 June 2026