DENISE WALTERS

Have been looking to invest in a Private Residential & Nursing home. As this is my expertise area.
I know excellent care would be provided as where I am now was rated as excellent by Inspectorate.
Does anyone know of any in Spain now.?
Is there a need for one.
What quality you consider them to be of course this would be hear say.
.Im trying to do a survey if it would be a worth investing in.
I do know that the Spanish normally look after their own elderly at home.
So maybe not a good investment.
All comments and advice appreciated Positive or Negative keep it coming thanks folks.

fionamw

First thoughts: good idea 2nd thoughts: if people's incomes are currently on the slide due to the poor interest rates, it would possibly only be the extremely well off who could afford it?

DENISE WALTERS

yes, i was thinking that,I would like to be able to look after our ex pats
Could not afford to do this for nothing.
Obviously the cost acrewed in specialised equipment and furniture is very expensive as well as specialised staff, premises overheads is not a cheap thing to set up properly

Casa Santo Estevo

What ever area of Spain you wan to live in then look for "Residencias Tercera Edad " or "Residencias Geriátricas".

You will find some listed in the Yellow pages or maybe of the website of the local concello.

Dxf

Hi
My thoughts are quite simply "pick your area VERY carefully". You are right - I could not afford a nursing home, it would wipe out what little savings I have very quickly, and unless anyone cares to contracdict me, there is no state aid as there is in the UK.

Davexf

anna58

This is in Algarve and I just noticed that a group now owns it but I think a private person had it before. It's VERY EXPENSIVE but has quite alot of residents + respite care + sheltered housing.

http://www.amesburyabbey.com/site/cm....asp?pageid=25

DENISE WALTERS

Thanks Dave just putting out questions to get as much info as I can,
Yes I would love to be able to look after our elderly ex pats as i realise from some articles I have read they really do have a bad deal out there sometimes when their health fails.
I just wonder if it was possible to do something like this.
I have seen one for sale advertised at Malaga and it just started me thinking about it.
Im sure ther would be so much red tape to cut through as well.
IT is just an idealic thing I would like to do if it would be a viable propersition .
I am not by any means rich so I would make enough to keep it going and wages etc

fionamw

Talking about red tape, someone posted re a nursery school idea & jdr instantly advised against seemingly mostly on the grounds of bureaucracy they'd have to overcome, so I imagine the same may be true at the other end of the age spectrum. Keep looking, though - it's an interesting idea/thought/plan.

DENISE WALTERS

Is a shame if something cant be done to help our Brits out there maybe if my lottery comes up.
Ive heard of some awful cases from Social Services.
Wont go into it as to gruesome but i know it to be true from a friend who lives in Alicante area.
This is when I started to think if anything could be done.
At the moment have links with Social workers in Portugal they are coming to stay with me for six months to look at
the British social system so time to pick their brains

dmu

Expats all over could seek out individual Brits in distress and visit them. I discovered an elderly English lady in a Nursing Home when visiting a French neighbour. Her French is reduced to the indispensable words - the staff understand what she wants, but she doesn't understand what they say, with the result that they spend less time with her than the others and she is bored and frustrated, not being able to communicate with anyone. A regular visit in English cheers her up no end. Every little helps, and if any of you feel deeply about it, ask at your local Retirement/Nursing Home whether there's an Expat needing company.
P.S. to Denise. I imagine that the rules and regulations concerning Care for the Elderly are just as strict in Spain as in France, so beware!

03630

Traditionally the Spanish have not needed care for the elderly as they have looked after each other in the home. Following the end of the dictatorship however and the freeing of women, there has been a growth in care homes.


For the British market I could see potential. But I suspect it would need serious finance.

There is a large amount of people seeking work.
There is a large amount of empty property.
There is an uncertainty for the elderly Brit resident, when illness strikes or when a partner dies.
And the UK for some is a spent and finished country.


Put it all together, starting with an age restricted retirement scheme, leading to sheltered housing and finally full nursing care and a funeral package.

If it can't work here, in a country where 1000 Euros a month is acceptable, the heating and food costs are reduced and there is a receptive building trade, then I can't see it working anywhere.

scampicat

I hope you can get something going because there must be thousands of expats who are going to be alone and frail and unable to look after themselves.

Let's just hope they have enough money to pay for your services.

I will not be one of them, I will return to the UK long before that. Can't understand why anyone would want to stay and face that in their old age.

Seriously, what DOES happen to poverty stricken expats in this situation??

DENISE WALTERS

Yes thats what we do in UK or something simular, But its got to be done right, so its research research and more research at the moment but I do feel the is an opening for this That why I appreciate comments from here as its a forum of ex pats who know the climate.out there and whats a viable situation or not Thanks for encouraging comment Denise

fionamw

So many comments on this thread are interesting and hopefully useful, however I'd question the figures here not to mention the concept that heating or food costs are reduced.... in the summer maybe but in the winter not only do you still need heating but it's gone up hugely in recent times; and I feel that there isn't much on the food bill that's cheaper here any more. Just my take on it!

DENISE WALTERS

Appreciate your take on it, I have to know the ins and out as its not going to be a few thousand investment It would have to well funded.