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Looking after the old is a young business in Malaga

Almost 200,000 people over the age of 65 live in Malaga province, which is almost 13per cent of the total population. Statistics show that this figure will double inside fifteen years due to two factors the ageing of the population and the attraction Malaga has for retired people from all over Europe. Another factor is sociological: the changing structure of the family in our times, with women fully integrated into the labour market, thus leaving fewer of them to look after older family members. The result is a succulent cocktail for the building speculators, who have discovered a new outlet in the construction of residences for the old in the province of Malaga.

Over the next five years, Malaga will rank first in the number of senior residential complexes in the province. These are not geriatric homes, but American style housing complexes especially designed for older people, complete with all the leisure services and infrastructure they might require. They are apartments for sale to private buyers, inside the complexes, where owners can avail of all the services on offer. The owners thus live in their own homes, but at the same time, can enjoy all the facilities of a geriatric home. Right now, there are eleven of these complexes being built in the province of Malaga, amounting to a total investment of 450 million euros and offering 1,500 housing units, with double the number of places.

Story from Sur in English

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