4* Superior Hotel Project at Gran Vía 3
The building is located in an exceptional spot on the iconic Gran Vía of Madrid, one of the city’s most iconic and dynamic streets. In the main stretch of Gran Vía, known for its early 20th-century architecture and for housing historic buildings and prominent shops.
The strategic location of this property makes it a reference for both tourists and residents, offering an unmatched experience in the heart of Madrid.
This ambitious rehabilitation and transformation project in emblematic buildings is a new example of Grupo Alting’s experience in managing comprehensive prime asset projects, covering everything from asset acquisition, urban planning, commercialization, contracting works, and control, to launching a new reference hotel space.
This project strengthens Alting‘s strategy as a real estate group specializing in the rehabilitation of emblematic buildings in prime locations in Barcelona and Madrid, ensuring long-term sustainable value and architectural excellence.
General features
The building, located in the main stretch of Gran Vía in Madrid, will be converted from offices into a 4* Superior hotel, reinforcing Alting’s commitment to rehabilitating emblematic buildings in prime locations.
- Total area: 3,100 m² constructed.
- Project: The Alting developments team has managed the meticulous urban planning process for the complete transformation of the building, changing its use from office to hotel. This includes the full updating of the facades and adapting the property to the most demanding standards of the hospitality industry.
- Architecture: The architectural project is led by Rafael de la Hoz and his architecture studio, one of the most prestigious at a national and international level. His extensive experience will ensure that the future hotel meets the highest standards of design, sustainability, and functionality.
- Location: main stretch of Gran Vía, the tourist and cultural axis of Madrid.
- Expected completion: first quarter of 2026, when this asset will be consolidated as one of the most prominent hotel projects in Central Madrid.
