Palace for Hotel Conversion, Valencia Centre
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Palace for Hotel Conversion, Valencia Centre

€23.000.000

Hotels & Resorts

#39400

Value-Add

11 Jul 2026

Property Details

Authorized representative

For sale

Freehold

X

Fees

0.50 %

3.00 %

1.55 %

1.55 %

0.40 %

Investment Overview

Protected historic palace on a corner plot in the commercial and financial heart of Valencia, vacant and available in full ownership. 3,368 m² built across ground floor, three upper floors and mezzanines, with noble interiors, original stained glass and mosaic flooring intact. The building sits on Plaça d'Alfons el Magnànim with double frontage to Porta de la Mar and Calle Poeta Quintana, facing the Parterre gardens. The Colón retail axis, Plaça de l'Ajuntament and the old town are all within a short walk. Nord station (Renfe) is 11 minutes on foot. Floor breakdown: ground floor 753 m² (access/commercial), first floor 862 m² (principal spaces), second floor 837 m², third floor plus mezzanines 915.80 m². Total 3,367.80 m² built. Protected building, 16th century, renovated in 1905 and 1925. A protected palace of this scale in central Valencia rarely reaches the market. Vacant and free of tenants, the buyer holds full control over the project, timeline and due diligence, with no contracts to resolve before repositioning. The asset is well suited to boutique hotel conversion, subject to project approval and licensing.