real-estate-transactions Market News: Spanish Real Estate Intelligence

Víctor Madera, Ex-CEO of Quirón Salud, Acquires Hunting Estate in Cáceres
23 August 2019 Víctor Madera, the former CEO of Quirón Salud, has acquired the Valero estate, the largest such property in the Monfragüe National Park, in Cáceres. The estate, which had previously belonged to Fernando Falcó y Fernández de Córdoba, the marquis of Cubas, has 4,350 hectares, 1,350 of which are within the limits of the park. The farm had been in the hands of the Falcó family since the early nineteenth century. Sources say that the estate was sold for approximately twenty million euros. Original Story: El Comercio - L. Castro / A. Armerogijón Photo: Ismael Rozalén Adaptation/Translation: Richard D. K. Turner
Eden Hazard Buys House in La Finca for €11 Million
16 August 2019 The Belgian midfielder who recently signed with Real Madrid, Eden Hazard, has acquired the singer Alejandro Sanz’s residence in the exclusive La Finca development in Pozuelo for 11 million euros. The property has 5,151 square meters, three living rooms and six bedrooms. Original Story: Diário de Pozuelo Photo: E. Ripoll Adaptation/Translation: Richard D. K. Turner
Bilbao-Based Kategora Acquires Office Building in Valencia for Conversion into Apart-Hotel
16 August 2019 The Basque investment firm Kategora has acquired the building that houses the headquarters of Valencia’s PSPV party from the Valencian families Nebot Oyanguren and Pascual. The new owners have given the socialist political party and other tenants one year to vacate the property, which Kategora plans on converting into an aparthotel. The building, located at Avenida Oeste, 28, in Valencia, is an office building whose owners opted to sell a few months ago. While the building has a market value of 25 million euros, the parties declined to reveal the negotiated sales price. The socialists already had to leave their historic headquarters on Calle Blanquerías de València after having sold it to the Valencian chain Myr Hoteles for 5.8 million euros. Kategora, which was founded in the Basque Country thirteen years ago by Kepa Apraiz, manage an €80-million portfolio of properties. Its assets include residential properties, tourist apartments and student residences. Original Story: Levante-EMV - Ramón Ferrando Photo: E. Ripoll Adaptation/Translation: Richard D. K. Turner