Residential Establishment for the Elderly, Algoz, Algarve
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- Property typeBuilding
- Sale € 8.500.000
- Area2821 m² | 18610 m²
- StatusUsed
- CountyFaro
- TownSilves
- ParishAlgoz
- LocationAlgoz
- REFIN-URM1B2
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2821 m²
18610 m²
-1
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B-
Description
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
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
Location
Algoz, Silves, Faro (Algarve)
