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: Hotels La Finca acquires Madrid Chamartín hotel from Azora for almost €60M 04 September 2026 Offices Prime office shortage to triple in Madrid and Barcelona by 2028 01 September 2026