Iberian Property > News > Hotels Vila Galé acquires former hotel building in Penacova The building of the old hotel in Penacova is going to be converted into a four-star unit, which will integrate the old Penacova hospital, which has been vacant and unused for several decades. Alexandre Lima | 05/02/2024 Hotel Penacova Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Hotels Hotel investment totalled €2,530M in the first half of the year in Spain 14 July 2026 Hotels Maslow Capital funds Selecto’s first Iberian hotel portfolio worth €200M 14 July 2026