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: Residential Ilunion and Avintia will build their first care home under Madrid’s 40/40 Plan 06 November 2026 Residential SINGOLD INVESTS €20M IN 126-UNIT FLEX LIVING DEVELOPMENT IN MADRID 10 November 2026