Líbere Hospitality Group (LHG), operator of alternative short and mid-stay accommodation, continues to strengthen its position in Spain with the signing of a new property in Madrid, just a few minutes from Plaza de España and Gran Vía, next to Parque del Oeste and Moncloa.
This marks the company’s third project in Madrid, further expanding its urban portfolio under the Líbere brand. Scheduled for completion in 2027, the development reinforces LHG’s commitment to Spain as a priority market within its international growth strategy.
Located on Calle Marqués de Urquijo, the asset – previously an underused office building – will undergo a full conversion to house 45 units across seven floors (plus two basement levels). The unit mix will comprise 31 studios, two studios with terraces, and 12 one-bedroom apartments, all equipped with kitchens. Amenities will include a rooftop solarium terrace, a reception area with flexible workspace/coworking zone, a laundry room, and three ground-floor apartments with access to a landscaped patio, designed to optimise both comfort and functionality.
The project, owned by a family office, is expected to open in the second half of 2027, following a construction period of around 18 months after the formal signing in August 2025.
Expanding to 1,632 units across Spain
With this new addition, LHG will increase its Spanish portfolio to 1,632 units, consolidating its scalable growth model and strengthening its position in key urban markets. The transaction follows recent openings such as Pamplona, aligning with the company’s strategy of diversification and expansion across prime city locations.
“Madrid is a strategic market within our growth plan — not only for its strong tourism appeal but also due to the rising demand for urban short- and mid-stay accommodation,” explains Antón de la Rica, Co-CEO of Líbere Hospitality Group. “This project showcases our ability to continue expanding with distinctive assets in premium locations.”
The signing of this new Madrid property forms part of LHG’s broader national expansion roadmap, with 732 units currently under management across Spain. In parallel, the company is actively exploring new opportunities in other strategic destinations both domestically and internationally, with plans to replicate its model in European markets such as Portugal, Italy, Greece, and the United Kingdom.