$9,833,649

Residential Establishment For The Elderly, Algoz, Algarve

  • 30,365 Sqft
  • 4.6 Ac lot
  • Updated: July 8
  • 1
    Views for last 30 days

About the Property

Health, Continued Care and Senior Tourism Platform. We present an investment opportunity in a consolidated asset that combines a functioning healthcare operation with an already approved expansion project, inserted in one of the segments with the highest demand and growth potential. The existing operation includes a Residential Structure for the Elderly (ERPI) and a Long-Term Continued Care and Ma
Health, Continued Care and Senior Tourism Platform. We present an investment opportunity in a consolidated asset that combines a functioning healthcare operation with an already approved expansion project, inserted in one of the segments with the highest demand and growth potential. The existing operation includes a Residential Structure for the Elderly (ERPI) and a Long-Term Continued Care and Maintenance Unit (ULDM), totalling 86 operational beds, supported by a multidisciplinary team and an activity consolidated over more than two decades. The new phase of development, already approved, foresees the construction of approximately 7,160 additionalsqm, significantly reinforcing the capacity and diversification of the offer. This extension includes: Senior care unit with 120 beds, designed to function as an ERPI and/or Continuing Care Unit; 24 T1 apartments for Senior Tourism, corresponding to 48 beds. Developed to ensure operational flexibility and scalability, the project allows the integration of assisted accommodation, long-term care and senior residence solutions into a single complex, creating a differentiating platform prepared to respond to demographic trends and the growing needs of the market. Highlights: 86 beds currently in operation Expansion project already approved Around 7,160sqm of new construction New 120-bed care facility 24 1 bedroom apartments for Senior Tourism Integrated model of health, well-being and active ageing High potential for growth and long-term appreciation (ref IN-URM1B2)
  • Property type

    Estate

  • Price/sqft

    $323

Explore the Area

Algoz, Algoz e Tunes, Algarve, Portugal View on Google Maps
Price per sqft
Low
High

View 104 more listings in Algoz e Tunes

Rede Internacional de Imóveis

Joined 3 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

Rede Internacional de Imóveis
Brazil
View agency profile
1509
Listings
2023
Joined

Book home tour with the agent

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
Rede Internacional de Imóveis
Brazil
View agency profile
Last updated
July 8
First listed
Jul 8
Listing reference
-830363068
Call

Start phone call with:

Hello, I’m calling for the property with the reference -830363068, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.