Malaga-Hotel-Levante-DockMALAGA port could be set for a €100 million injection of Qatari money, the largest property investment in its history.

Qatar Investment Authority’s plans for a luxury 135-metre tall five-star hotel in Levante Dock moved a step closer with the payment of a €2 million deposit.

Proposals for the 35-storey building were put forward in May, but the tender process allowing other parties to bid would begin once the Official State Bulletin publishes the Qataris’ interest.