Gorbe & Peñas | Spain

An active Senior Living real-estate portfolio in Spain, comprising two assisted-living and nursing centers for the elderly across two regions: the Basque Country and Castilla-La Mancha. Both assets are active and occupied, serving the local population in areas characterized by ongoing demand for housing, care, and support services.

Project highlights

  • Full operation and management by a national, long-established and well-regarded operator
  • The operator is among the leading providers in the country’s nursing-care sector
  • Two active, occupied assets serving the local population
  • Located in two regions of Spain with ongoing demand for housing, care, and support services for the elderly
  • Exposure to a sector underpinned by long-term demographic trends

Market — Senior Living in Spain

The Senior Living sector in Spain is underpinned by a broad demographic shift: a continued rise in the share of the elderly population, increasing life expectancy, and a growing need for dedicated centers that provide housing, care, and support.

Alongside these trends, the market faces a shortage of modern housing and care centers, while regulation is evolving toward higher-quality, more personalized centers better suited to residents’ needs. This combination creates an operating environment with a clear structural need, particularly for existing, managed assets operating under professional operators.

Project Scale

2 Assets

Property Type

Real estate for assisted-living and nursing care for the elderly

Project Duration

5 Years years

Project Area

7772 sqm

Basque Country · Gorbea

The first facility is located in the picturesque town of Murguía, in the province of Álava, at the heart of the Basque Country—one of Spain’s most established regions in the fields of nursing care and geriatric housing. It offers a peaceful, high-quality rural setting with convenient transport links to the region’s main cities, providing a modern alternative in an area where local supply is limited.

Castilla–La Mancha · Peñas de San Pedro

The second facility is located in the province of Albacete, within the autonomous community of Castilla–La Mancha—an area with a particularly ageing demographic, where there is a frequent need for local health and social care services, as well as housing and support solutions. The facility is well connected to the city of Albacete via major transport routes and provides a high-quality local solution in an environment with limited competition.

The activity focuses on the ownership, oversight and management of the two operating facilities, in collaboration with an experienced professional operator and in accordance with regulatory requirements, operating agreements and local market conditions.

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