Entering Northern Spain — 90 rooms, 20 years, opening in 2029

Limehome’s first hotel project in Santander: a long-term operator agreement signed at concept stage, actively shaping design and product from day one.

90 units

in a new development project

20 years

long-term operator agreement

2029

planned opening

About this project: committed from concept

The Santander project marks Limehome’s first hotel in the city and its continued expansion across northern Spain. What makes this deal stand out is how early Limehome’s involvement started: our team joined in the conceptual phase, shaping the project’s layout, design standard, and product positioning before construction plans were finalised.

The future property at Avenida de Valdecilla 3 will feature 90 rooms alongside co-working spaces, terraces, and shared amenity areas, reflecting Limehome’s flexible, digitally-operated hospitality model.

"This project in Santander is the result of a long-term vision and a commitment to developing a hotel concept that is seamlessly integrated into its surroundings, tailored both to the building and to the city’s needs.”

Ricardo Fernandez

General Manager Iberia

What Limehome brings to a greenfield project

For developers and project owners, early-stage operator commitment changes the economics. Here’s what the Santander deal demonstrates in practice:

Early planning certainty

Limehome signs operator agreements during the planning phase — providing a reliable anchor tenant before construction begins. This directly supports financing and reduces project risk.

Active involvement

Rather than receiving a finished building, Limehome contributed to the layout, design standards, and value proposition of the Santander asset — ensuring the product fits the market from day one.

Stable, long-term income

A 20-year lease through Limehome's central country entity: no project SPV, no vacancy risk, no operational involvement for the developer once handed over.

From signature to opening

Operator agreement & concept alignment

Limehome and the developer align on concept, design standards, and commercial terms. Long-term lease signed at pre-construction stage, giving both parties maximum planning security.

2026 - Signed

2027 - Construction

Build phase begins

Construction starts with Limehome serving as strategic advisor — aligning on technical scope, reviewing plans, and ensuring the concept meets modern hospitality standards throughout.

Fit-out, digital system install & opening

Limehome installs its digital access infrastructure, completes the fit-out, and opens the property to guests — fully managed from day one. Target opening: 2029.

2029 - Handover

Get in touch

Have a development project in Iberia or anywhere in Europe?

Whether you’re planning a greenfield hotel, a conversion, or acquiring an asset, Limehome can commit early and operate long-term. Talk to our expansion team to find out if your project is a fit.

Discuss your project now!

Learn more about a partnership with Limehome

The hospitality tech for your next real estate investment

Explore our website to learn more about our innovative projects and portfolio properties and the role of digitalization at Limehome. Limehome works with private owners, project developers and institutional investors to digitise the hotel industry. Reach out to us and let’s explore how our digital hospitality approach can transform your real estate investment.