Iberian Property > News > Retail Mercadona buys AC Aravaca hotel for €16M to convert it into a supermarket The company has acquired the 110-room Madrid asset, which until now was owned by Belagua, a company owned by Spanish businessman Antonio Catalán. Alexandre Lima | 18/01/2024 Hotel AC Aravaca, Madrid Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Hotels Solvento sells two holiday complexes to inject €13.5 million into Málaga 08 June 2026 Logistics M7 acquires 13 logistics assets in Spain for €181 million 02 June 2026