Iberian Property > News > Market Updates Montemadrid sells Palacio de la Música to investor group Zephyros The building, located on Gran Vía and protected for its heritage value, will be transformed into a contemporary cultural space within an estimated three years. Alexandre Lima | 26/06/2025 Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Hotels Bergami Inversiones acquires former convent in Seville for €5M 19 February 2026 Hotels Spanish footballer acquires four-star hotel in Madrid 16 February 2026