ActivumSG, a European real estate investment manager, has successfully sold the Palacio Solecio hotel in Malaga for €51 million. Originally an 18th-century Andalusian palace, the site was in severe disrepair before being acquired for €8 million by ActivumSG-advised fund Iberia I. An extensive restoration process was undertaken, retaining the building’s historical features while introducing modern amenities, including a rooftop bar and swimming pool. Saul Goldstein, CEO of ActivumSG, highlighted the value-add strategy behind the investment and emphasized the rising demand for luxury hospitality assets in Spain. The sale follows the disposal of another hotel asset, The Hampton by Hilton Fira Gran Via in Barcelona, demonstrating ongoing investor interest in high-quality hospitality real estate in Spanish cities.

Real Estate Investment, Hospitality,Spain, Europe

ActivumSG sells Palacio Solecio hotel in Malaga for €51 million