Elaia Investment Spain Socimi

Name

Elaia Investment Spain Socimi

Legal name

Elaia Investment Spain SOCIMI, S.A.

Website

https://elaiaspain.es

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Tourist Real Estate Investment

NAICS

Rental and Leasing Services (532), Traveler Accommodation (7211)

SIC

Real Estate Dealers (For Their Own Account) (6532)

akta.pro industry

PRIMARYTHAMAEAJ

Luxury Villa Property Management & Concierge Services

Travel & Hospitality/Vacation Rentals & Short-Term Stays/Luxury Villas & Premium Rentals

Keywords

• Tourist real estate investment
• Hospitality property leasing
• SOCIMI real estate
• Hotel asset management
• Tourist accommodation leasing

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Others

Revenue model

1. Rental Income from Tourist Real Estate: The company generates revenue through rental income from its portfolio of tourist properties (hotels and tourist apartments) leased to operators under long-term contracts. Revenue is derived from lease payments made by operators such as Pierre & Vacances and Acerca Hospitality.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Elaia Investment Spain SOCIMI is a publicly listed real estate investment company that acquires, manages, and leases tourist accommodation assets in Spain. The company holds a portfolio of hotels and tourist apartments in prime coastal locations (Costa del Sol and Costa Brava), which are leased to major European hospitality operators such as Pierre & Vacances under long-term contracts. It generates recurring rental income and distributes dividends to shareholders under the Spanish SOCIMI tax regime.

Product overview

Elaia Investment Spain SOCIMI S.A. operates as a real estate investment company specializing in tourist accommodation assets in Spain. The company currently holds a portfolio of 2 assets valued at approximately €44.4 million as of December 2024, comprising hotels and tourist apartments strategically located in coastal areas (Costa del Sol and Costa Brava). The portfolio consists of El Puerto (a 3-star beachfront hotel in Fuengirola with 178 units) and Festa (tourist apartments in Estartit with 151 units). Both assets are operated by Pierre & Vacances under long-term lease contracts. The company was created in December 2015, introduced to the BME Growth market in Q4 2017, and is majority-owned by the Luxembourg-based Batipart Group.

Differentiator

Problem solved

Functional benefit

Products and services

• El Puerto Hotel A 3-star beachfront hotel property located on the promenade in Fuengirola, Costa del Sol, comprising 178 units across 4,580 m². The asset is leased to and operated by Pierre & Vacances under a long-term lease agreement that generates recurring rental income for the company.
• Festa Apartments A beachfront vacation apartment complex situated in Estartit, Costa Brava, comprising 151 units across 4,000 m². The asset is leased to and operated by Pierre & Vacances under a long-term lease agreement that generates recurring rental income for the company.

Quantifiable outcome

• Portfolio valued at €44.4 million as of December 2024
• +2 more outcomes

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Pierre & VacancescoreChannel Partner/ Reseller/ DistributorMajor European hospitality operator that leases El Puerto hotel in Fuengirola and Festa apartments in Estartit under long-term contracts. As the operating tenant, Pierre & Vacances generates rental income for EIS through its tourism operations.
• Catella Property Spain S.A.coreStrategic or Co-development PartnerIndependent property valuation expert engaged by EIS to value its real estate portfolio. Conducts annual valuations under RICS Valuation Standards methodology, providing independent market valuations of the company's assets.
• MazarscoreStrategic or Co-development PartnerIndependent auditing firm engaged to audit EIS annual accounts (individual and consolidated) and provide limited review of interim financial statements. Appointed as statutory auditor for the company.
• Renta 4 Banco, S.A.minorChannel Partner/ Reseller/ DistributorDesignated as paying agent for dividend distributions to EIS shareholders. Payment processing through IBERCLEAR settlement system.

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Colonial SOCIMI: Major Spanish SOCIMI listed on the Madrid continuous market, specializing in prime office real estate in Barcelona, Madrid, and Paris. While larger and office-focused, it shares the same SOCIMI regulatory structure, listed-vehicle model, and Spanish institutional-investor base as EIS.
• Lar España SOCIMI: Spanish SOCIMI listed on the Madrid stock exchange investing in commercial real estate. Shares the same SOCIMI regulatory regime, listed-vehicle structure, dividend-distribution model, and Spanish-market focus as EIS, though it targets retail rather than tourist assets.
• Hispania Activos Inmobiliarios SOCIMI: Was a Spanish SOCIMI focused specifically on hotel and tourist real estate assets, making it the closest historical direct peer to EIS in asset class. Although taken private by Blackstone in 2018, it operated with the same SOCIMI structure, hotel/apartment focus, and Spanish coastal exposure during its listed life.
• Domo Activos SOCIMI: Spanish residential SOCIMI listed on BME Growth. Mirrors EIS's small-cap listed REIT structure under the same Spanish tax regime, though with a residential rather than tourist-accommodation asset focus.
• Inbesós SOCIMI: Spanish SOCIMI focused on office and commercial real estate, listed on BME Growth like EIS. Comparable in scale, regulatory regime, and small-cap listed structure, though operating in a different real estate sub-segment.
• Merlin Properties SOCIMI: One of Spain's largest SOCIMIs, listed on the Madrid continuous market and investing in commercial, office, and logistics real estate. Operates under the identical SOCIMI tax and distribution framework as EIS with a comparable investor-relations and capital-markets orientation.
• Vivenio Residencial SOCIMI: Spanish SOCIMI dedicated to residential rental property, listed on BME Growth. Operates under the same legal and tax framework as EIS with comparable small-cap public-market positioning and Spanish-market focus.

Broad incumbents

• Covivio: European listed REIT with material hotel real estate exposure alongside offices and residential across continental Europe. Comparable to EIS through its leisure-real estate asset class focus and European institutional-investor base, though operating at substantially larger scale across multiple geographies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/elaia-investment-spain

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Elaia Investment Spain Socimi