For Sale, fully purpose built 188 unit residential Sheltered Accommodation complex with Care Rooms for 247 Residents in Torrevieja, Alicante, Spain.
RESIDENTIAL COMPLEX WITH SHELTERED LIVING HOUSING and CARE ROOMS TORREVIEJA. Residential assisted living complex comprising of 11 built blocks, with gardens, sport, rehabilitation equipment, 157 car parking places with storage rooms, terraces-solarium, 112 rooms of 17m2 with en-suite walk-in bathrooms and 76, 1 & 2 bedroom chalet style apartments, to take 247 people kitchen, dining rooms, halls, etc .....
All is registered in the Land Registry of the Property. It has had municipal license of activity to the operation of the Complex as Residence of the Third Age, granted the 27 of January of 2004 by the City council of Torrevieja. Price transaction: 12.500.000€, free of debts at the time of the transaction. Any independent banks value / appraisal of the building is welcome. The property needs some repairs and updates and fitting out now amounting to around 1,000,000€ to make the property presentable to the public.
The residential /care home complex is located in Torrevieja close to the Spanish Mediterranean coast, which has the healthiest climate in Europe. It comes with 188 rooms/units, split between 11 buildings and the property has treatment room facilities, thermal spa and gymnasium for physiotherapy. It therefore occurred to the project team that the buildings might be best operated as a third age residence.
The buildings are flexible in design and lend themselves to a combination of these activities. The site is a lively holiday area with exceptional access to nautical sports. Even so, the accommodation is notably tranquil and still has good access to activities.
Other facilities are as follows:
• Indoor pool / spa, hydrotherapy
• 2 Outdoor pools (one with ramp for residents with disabilities) – in summer, Aqua-aerobics and various water activities can be offered.
• Doctors surgery area, and 24 hour nurse available, and auxiliary carers
• International television / satellite
• Internet in all rooms and common areas, wi-fi
• Rooms : air conditioning & heating, en suite bathrooms, emergency pull cords, telephones connected directly to reception, internet, television
• Bathrooms: emergency pull cords, anti-slip floors, shower area prepared for disabled people with handrails and seat
• Multi-use rooms
- Hairdresser, visiting twice a week
- Games room
- Library / computer room – book club
• Lounge area/reception for visits
• Own kitchens for food preparations – special diets catered for
• Own laundry – for all personal clothing, sheets, towels, etc
• Day Centre – entertainment – organized activities – excursions-dances
• Daily cleaning in rooms in main building, full clean weekly in self contained apartments
• Cafeteria open to the public, by the main entrance
• Daily press / magazines available in public area / cafeteria
• Transport supplied for residents, ie. Hospital appointments, dentist, etc.
Its interesting to note that a local bank has recently valued the development @ 30,000,000€
Final price accepted may be subject to our fees of 3.5% net of VAT. (Paid by seller unless seller pays less and then difference is made up by buyer))
N.B. We may have an operating company wishing to lease part or all of this development
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Torrevieja (Alicante, Spain)
Build size: 16,000m²
New price: 12,500,000€
Ref: Torrevieja, Alicante