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: Market Updates THE COMMUNITY OF MADRID REINFORCES ITS LEADERSHIP ROLE AT THE SPAIN REAL ESTATE SUMMIT 12 May 2026 Offices Square AM acquires the 521HUB office complex in Madrid 13 May 2026