Villar Mir Group is planning to develop luxury apartments at its Canalejas project in Madrid. The scheme includes residential, commercial and hotel space in seven 100-year-old buildings that the company acquired from Santander. Apartment prices have not yet been finalized, but according to Juan Miguel Villar, president and owner of Villar Mir Group, the units will be the most expensive in the capital. Prices for 100 sqm apartments could hit as much as €1.2m, according to Villar.
