Iberian Property > News > Hotels Family office acquires Room Mate Alba Hotel in Madrid for €32.5M The four-star asset, located in the Barrio de las Letras district and offering 80 rooms, will continue to be operated by Room Mate after the sale. Alexandre Lima | 07/08/2024 Room Mate Alba Hotel in Madrid Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Residential TwinPeaks buys an office building from Azora in Madrid 15 July 2026 Market Updates MADRID CONTINUES TO ATTRACT DIVERSE REAL ESTATE CAPITAL IN JUNE 13 July 2026