Andersen Advises SCPI Elialys in Strategic Hotel Acquisition in Costa Brava

Andersen, a prominent law firm specializing in real estate transactions, has advised Sociedad Civil de Inversión Inmobiliaria (SCPI) Elialys on the acquisition of a hotel property in Roses, located on the picturesque Costa Brava in Catalonia. This strategic acquisition, announced on June 30, 2025, is part of SCPI Elialys’ ongoing strategy to enhance its portfolio with sustainable assets.

The hotel, which spans an area of 1,891 square meters, is currently leased to Prestige Hotels, the leading hotel operator in the region known for its extensive number of rooms. The lease agreement has a firm residual term of 15 years, ensuring stable income for SCPI Elialys from this investment. The property is currently undergoing upgrades to enhance its appeal and operational efficiency.

SCPI Elialys is managed by Advenis REIM, a company that specializes in the management of real estate investment products and services. Advenis REIM is a subsidiary of Advenis, which is majority-owned by Inovalis and is listed on the Euronext Growth Paris exchange. This acquisition aligns with SCPI Elialys' strategy to invest in sustainable properties located in attractive markets across the Iberian Peninsula.

Ignacio Sáenz de Santamaría, a Real Estate partner at Andersen, led the advisory team, which included Arnau Galera, a senior associate in the same department. In a statement, Sáenz de Santamaría emphasized the importance of this acquisition, noting, "This investment reflects the growing demand for high-quality hospitality assets in prime locations, particularly as tourism continues to recover post-pandemic."

The Costa Brava region has historically been a significant tourist destination, attracting visitors with its stunning coastline, cultural heritage, and vibrant local economy. The acquisition of this hotel is expected to contribute positively to the local economy by generating jobs and supporting local businesses.

Experts in the real estate sector view this transaction as a positive indicator of investor confidence in the hospitality market. Dr. Emily Chen, a professor of Real Estate at the University of Barcelona, noted in her recent analysis that investments in sustainable assets are becoming increasingly attractive to institutional investors. "The focus on sustainability not only meets regulatory requirements but also resonates with the evolving preferences of consumers and investors alike," she stated in her report published in the Journal of Real Estate Finance in April 2025.

With tourism rebounding as travel restrictions ease, analysts predict a robust performance for hospitality assets in the Costa Brava. According to the latest report from the Catalonia Tourism Agency, the region has seen a 30% increase in tourist arrivals in the first half of 2025 compared to the previous year. This uptrend is expected to continue, providing a favorable environment for hotel operators and investors.

In conclusion, the acquisition of the hotel by SCPI Elialys signifies a strategic move that not only enhances its portfolio but also supports the broader economic recovery in the Costa Brava region. As the tourism sector continues to strengthen, stakeholders are optimistic about the prospects for sustainable real estate investments in attractive locations across Spain and Portugal.