Description
Geriatric residence located on the Paseo Marítimo de Pineda de Mar, exclusively.
It has sea views and is next to the train station. The location of the complex, as well as the uniqueness of its stately home, constitute a differentiating factor that increases its attractiveness. It is fully operational and has 60 seats, expandable to about 128 seats.
The company that currently manages the nursing home ends its contract next May. And the buyer, if he wishes, can opt for its continuity. The rent charged for the property is around €16,000 per month. Therefore, its profitability is 6.4%. However, in the month of May when the manager's contract ends, I think it would be possible to improve profitability even further.
The property is divided into 3 parts that could be purchased separately:
1) The geriatric residence: €3,150,000 euros.
2) A plot of land that allows it to be expanded by about 40 spaces: €525,000 euros.
3) The manor house, which once rehabilitated, can be used for about 28 more beds: €6,000 monthly rent or €2,100,000 euros.
With the possibility of expansion and change of use. It is made up of two registered entities that can be sold separately.
1) Building with ground floor + 5 for a geriatric residence with 32 rooms and a garden. Working.
Other possible uses: Housing; hotelier; commercial; Offices; sanitary; religious; civil; cultural.