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5-star GL hotel at Ruiz de Alarcón 5

LOS JERÓNIMOS, MADRID
5.548 m2

Ruiz de Alarcón 5 is an exclusive neoclassical building of great historical value, fully protected, located in the heart of Madrid’s Los Jerónimos neighborhood, next to Retiro Park and Paseo del Prado.

Conceived in 1905 as the corporate headquarters of the Sociedad General Azucarera de España, the property was designed by Enrique María Repullés y Vargas, the architect of the Royal House and author of the Madrid Stock Exchange Palace. Its style combines Madrid eclecticism, neoclassical, and neo-Mudejar, reflecting the architectural richness of the early 20th century.

In 2025, Alting Real Estate Group and Mercer Hotels joined forces to transform this building into a 5-star Gran Luxe hotel, reinforcing Madrid’s positioning as an international luxury tourism hub. The project, which involves the change of use from office space to a hotel, is led by Alting’s Promotions area together with the RCCyP architecture studio, headed by Luis Galiano, and interior designer Andreu Carulla.

Alting’s work at Ruiz de Alarcón 5 is a clear example of its commitment to the rehabilitation of landmark buildings in prime locations, transforming a historical property of great heritage value into a benchmark for luxury hospitality in Madrid.

This project reaffirms the patrimonial strategy of Alting Real Estate Group, specializing in prime assets that generate sustainable long-term value, consolidating its leadership in the Barcelona and Madrid markets.

General features

5-Star GL Hotel in neoclassical building next to Retiro Park - Prime Investment by Alting

The Ruiz de Alarcón 5 project reflects Alting’s commitment to the rehabilitation of iconic buildings in prime locations, incorporating excellence, sustainability, and contemporary design, always in dialogue with the historical value of the property.

  • Total area: 5,548 m².
  • Rooms: 61 exclusive rooms and suites with privileged views.
  • Facilities: rooftop with pool, fine dining, and luxury leisure spaces.
  • Heritage value: preservation of original elements (woodwork, stairs, roof) in collaboration with the Directorate-General of Heritage.
  • Location: Los Jerónimos neighborhood, next to Retiro, Prado, Thyssen, Madrid Stock Exchange, Plaza Cibeles, and Puerta de Alcalá.
  • Access: main entrance at Ruiz de Alarcón 5 and secondary at Juan de Mena.
  • Expected opening: Fall 2025.

Location

Ruiz de Alarcón, 5 Madrid - Strategic location next to Retiro and Prado

Architecture

An exquisite renovation

At Ruiz de Alarcón 5, the talents of one of the most distinguished architects of the early 20th century and one of the most prominent architecture studios today come together.

The Ruiz de Alarcón 5 project blends tradition and innovation in an exceptional exercise of architectural continuity:

  • Enrique María Repullés y Vargas (1845–1922): official architect of the Royal House and author of landmarks such as the Madrid Stock Exchange Palace and the restoration of San Jerónimo el Real.
  • RCCyP Arquitectura (Luis Galiano): studio specializing in unique buildings of high heritage value, responsible for projects such as Edificio España, the Palacio de la Música on Gran Vía 35, and Puerta del Sol 9.
  • Andreu Carulla (interior design): recognized for bringing an innovative and contemporary approach to interior design, creating unique and exclusive experiences.