Investment For Sale In Malaga, Malaga, Spain

The retirement residence located in MALAGA defines a new lifestyle and is a concept with 63 apartments for seniors (there is the possibility of expanding three more apartments, making 66 apartments possible). It is ideal for seniors who appreciate the advantages of having all the usual and private services in their own home, allowing them to receive both privacy and home needs and health services. This offers a great deal of comfort and absolute independence and privacy.
The residence has been designed to meet all needs for the elderly. The residence feature spacious 1 bedroom apartments. All apartments have a kitchen open to the living area, an age-appropriate bathroom, air conditioning (hot/cold) and a beautiful terrace. The advantages that you consider important in your own home can also be found in the apartments of senior residences.
A conversion into a hotel business should also be considered (see further description below in the text area).

The building was designed by specialists in the development and execution of residences, with each apartment providing comfort and security for its residents.

- Apartments: 63 units suitable for two people (there are 3 additional apartments that can be easily expanded and are already prepared for expansion)
- Layout of the apartment: living room, kitchen, bedroom with bathroom and terrace.
- Built area: Ground floor 5,698 m²
- Plot area: 35,209 m2
- Capacity for 132 people.
- 131 parking spaces.
- Large green areas and gardens
- Large swimming pool in the garden area

• Located 3 minutes by car from El Candado Golf Course.
• Beach Club 6-7 minutes away by car.
• There is a small harbor next to the Beach Club
• Distance to Candado and El Palo beaches: 7 minutes by car.
• It is 4 km from the Residencia to the A7 motorway and 13 km to downtown Malaga.
• Distance to Malaga city about 15 minutes by car.
• Distance to the airport approx. 20 minutes by car.

In the basement there are rooms for rehabilitation areas, consultation rooms, laundry room, women's and men's toilets and other ancillary areas. The residence has a very large dining area/salon with access to the garden and pool area, a cafeteria area (the kitchens still need to be installed but are already prepared for use as such). There are also changing rooms and toilets, rooms for air conditioning and a generator.

Division of floors and rooms:

. Ground floor: hallway, administration, reception, 27 apartments, cafeteria with attached kitchen and access to the garden. Lounge and men's and women's toilets. In addition, there are wide hallways, three staircases, three elevators, fire doors in all hallways. There is also access to a main terrace with a small pond.

. Upper floor: There are 36 apartments, five of which have even larger terraces than the other apartments (corner apartments), there are also three elevators, one of which is for emergencies, fire doors in all hallways and the three stairwells.

Apartment layout:

The apartments have a constructed area of 40-60 m² and are distributed over a spacious bedroom (for 2 people) with built-in wardrobes, a complete bathroom, the bedroom and the living room have hot/cold air conditioning. The kitchen is open to the living room and each apartment has a terrace with a beautiful view.
The bedroom and bathroom have an emergency call bell.

Possible changes of use to a hotel business:

The consultation with the Málaga City Council on the use of the hotel was carried out previously and the response was positive. If you are interested in operating a hotel, the next step would be to carry out the same consultation with the Junta de Andalucía. It is expected that this will be approved as in a nursing home the prevention measures/regulations are always superior/higher compared to a hotel construction. Use as a hotel would therefore also be conceivable.