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: Residential Former Canillejas substation in Madrid is to be redeveloped into 123 homes 27 July 2026 Offices SQUARE AM ACQUIRES OMEGA BUSINESS PARK IN MADRID FOR €104M FROM STARWOOD CAPITAL 27 July 2026