Retirement Village Investment Opportunity

Retirement Village Investment

  • Sol Andalusi 1

Description

RETIREMENT RETREAT

This completed Complex consists of 324 assisted living properties with DH, and with 15 ha of nature, and facilities of more than 10,800 m2

- The Residential Complex available properties for sale regarding this opportunity consists of 119 apartments of various sizes with approximately 10,000 m2 built, 2 bungalows, 163 garages, 190 garages, 143 outside parking spaces and 18 premises with 10,881 m2 where they are located service areas, such as reception, offices, restaurants, cafeteria, free buffet lounge, spa, gym, heated indoor pool, theater, kitchens, shopping store, meeting and convention rooms, mini cinema and clinic. Also it counts on a field of football of natural grass located in a plot of 45,000 m2. (This could make for a wonderful international bowls green)

- The apartments are 1, 2 and 3 bedrooms with excellent qualities:

* Radiating floor
* Air conditioning hot / cold
* Marble floors ivory cream
* Marble Travertine in the bathrooms
* Equipped kitchen with AEG appliances
* Whirlpool (2 and 3 bedroom apartments)
* Interior carpentry in cherry wood
* Anti-theft alarm and fire-fighting system
* Cable TV, pre-installation for satellite and high-speed internet
* Intercom system connected to medical center (red button)
* Wooden floor in terraces

These spacious apartments consists of living room, bedroom/s, bathroom, fully equipped kitchen and terrace.

A PDF showing full information is available with pictures albeit that its in Spanish.

"OFFERS ARE WELCOME"

N.B. There is renovation work to be done on some of the apartments which has been estimated by the owners of around 500,000€. More information and photos available.

A rough estimate of the values of the 119 apartments if sold would be approximately 10,000,000€.
A rough estimate of the values of the 163 garages if sold would be 978,000€.
Leasehold prices for the 18 units with 10,881 m2 where they are located service areas, such as reception, offices, restaurants, cafeteria, free buffet lounge, spa, gym, heated indoor pool, theater, kitchens, shopping store, meeting and convention rooms, mini cinema and clinic average around 1500-2000€ per unit per month, therefore bringing in an annual income of around 250,000€
.
The football field could be leased out or turned into a green bowls venue bringing in extra income.
Community charges for the apartments average around 200€ per property PM.

The potential is enormous.

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)

Senior Living Investments offers a choice of several 'Golden Visa' programs for residency and citizenship through investment….The investment opportunity above is no exception.
Visa free travel to over 120 countries. An ideal choice for a second passport. Please ask for further details.

Details

Location

AlHaurin de la Torre (Malaga, Spain)

Property type

Retirement complex

Status

Commercial

Floor area

Floor area: 220000 21000

Build size: 21,000m²

Price

Price: 25,000,000€
New price: 6,500,000€

Location Map

Request Information

Ref: AlHaurin de la Torre, Malaga

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