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 Dazia Capital and BGO to develop 162 homes in Madrid 24 September 2026 Residential Madrid approves a plan with the potential to create 18,400 social housing units 08 October 2026