Stoneweg Hospitality and Bain Capital have completed the sale of Mongibello Ibiza to Grupo Ramat and a consortium of investors, marking a major milestone in their value‑add investment strategy. Acquired in 2022, the asset has undergone a comprehensive refurbishment and repositioning programme that has transformed it into one of Ibiza’s most distinctive lifestyle hospitality destinations. Located in Santa Eulària des Riu, the 168-room seafront hotel has been reimagined with a strong identity inspired by 1960s-1970s Italian and Mediterranean culture, combining design, experiential offerings and a curated events programme. The transaction highlights the successful execution of the joint venture’s strategy to unlock value in high-potential hospitality assets in constrained, highly competitive markets, while ensuring continuity of the concept under Grupo Ramat’s management.
Download the full press release to discover all transaction details and insights behind Mongibello Ibiza’s transformation.