Real State

Promociones y Propiedades
Inmobiliarias Espacio
Torre Espacio
Ps de la Castellana 259-D Pta 50
28046 Madrid. España


Developmet Activities

Promociones y Propiedades Inmobiliarias Espacio, S.L.U. is a fully owned subsidiary of Grupo Villar Mir. It was created in June 2000 through the contribution of the real estate business that until such time had been handled directly by Inmobiliaria Espacio, S.A. since its creation in 1972. 

Promociones y Propiedades Inmobiliarias Espacio, S.L.U. carries out real estate activities, mainly residential developments, primarily on the Mediterranean coast, Madrid and Majorca, and either directly or through its subsidiaries, under the “Inmobiliaria Espacio” brand.

Property Management


This is a high-quality, mixed-use project that encompasses several historical buildings in the centre of Madrid, where calle Sevilla, Carrera de San Jerónimo, Plaza de Canalejas and calle Alcalá all converge. When completed, this project will undoubtedly become one of the prime luxury destinations in Europe, comprising what will be the best hotel in Spain, top-quality residential units, an exclusive shopping area and a car park. 


Icono Torre Vida, S.A.U., a subsidiary in which Grupo Villar Mir holds a 51% interest, was the successful bidder in a call for bids by the Madrid City Council for the construction and operation of a building that will comprise 52,500 square metres for public use and 17,500 square metres for retail use, in addition to 2,000 parking spaces, adjacent to the “Cuatro Torres Business Area” complex. The building, in the shape of an upside-down “T”, is designed as a hybrid services volume containing several types of coexisting spaces, thus generating significant synergies.