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Senior Care Home Outside Lisbon For Sale

Lisbon, Lisbon, Portugal
Asking Price:
€295,000
Sales Revenue:
€500,000
Cash Flow:
€650,000

A complete, ready to implement, package with all licencing, planning, construction estimates, business plan, arquitecture etc - The cheapest way to quickly set up a large scale care home in Southern Europe

3 hectares of land near highway North of Lisbon, Licence for 59 beds + 20 assisted villas.- EU compliant layout

Includes estimates of third party construction companies and timelines for implementation.

1.4 million investment with a liquid return of 500 000 + euros/year

What about COVID 19?
As a project to be implemented, the Pandemic actually favours this type of investment:
1 - Constructions companies will give lower quotes during a downturn
2 - Interest rates for loans are lower
3 - Illegal care homes are being exposed due to cases and shut down; less competition
4 - Current homes have spike in running costs with infection control; hurting competition
5 - With a 2 year timeline for implementation; doors will most likely open post Covid
6 - EU funds are abound to stimulate business growth

In effect this means the buyer will open doors with less competition, plus lower construction and financing costs - thanks to having gone through the construction phase rather than buying one ready build - which in turn is already a comparable saving of 70% in relation to the real estate purchase.

If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

59 beds, 20 villas

Location:

North of Lisbon near A1 highway

Premises Details:

3 hectares of land included in price

Planning Consent:

Full planning consent, public health, city council, fire department, social services, waste residues, etc

Business Operation

Expansion Potential:

Know-how and contacts provided allow for future expansion

Competition / Market:

Generalized waiting list, nationally, for this sector

Reasons for selling:

Non-core business

Other Information

Support & training:

Full package for implementation both construction and licencing

Financing available:

180000 euros approved EU development funds

Business closed / Asset sale:
Yes

Contact Seller

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