CARE HOME (366 BEDS)

Description

Care home for sale in Pantoja, Toledo: the Residencia Nueva Oliva complex, owned by the Edad Dorada - Mensajeros de la Paz group, which manages it in full. Built in 2005 and partially refurbished in 2015, the care home stands on a single urban plot of 31,657 m² with 18,968 m² built. Pantoja lies 47 km from Madrid city, 42 km from Móstoles and 35 km from Getafe, all densely populated areas. This proximity, combined with lower prices than in the Madrid region, attracts private-pay residents from Madrid, even though administratively the centre belongs to Castilla-La Mancha. The centre has 452 authorised places, of which 85 are publicly contracted and 366 private; 200 places are currently in operation and occupancy of the contracted places is 96%. It has 111 single rooms and 172 double rooms. With EBITDAR within range and staff costs in line with its operating size, bringing the as-yet unexploited half of the places into operation offers very significant growth potential.

City

Toledo

Built Area

18,968 m²

Plot Area

31,657 m²

Energy rating

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