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: Residential Edgar Suites invests €13.2M its first asset in Madrid 17 September 2026 Residential Colonial and Vita Group create €1B student housing and flex living platform in Madrid 23 September 2026