The Precarious Situation of Residential Homes for European Retirees on the Costa Blanca (Alicante)

Andreas Huber

ERES from European Real Estate Society (ERES)

Abstract: Since the seventies we can observe an increasing propensity of many European older people to retire to southern Europe. Besides Tuscany, Malta, the Algarve, the Costa del Sol, the Canary and the Balearic Islands the Costa Blanca is one of the most demanded regions for the so-called international retirement migration. It is an undeniable fact that the number of older people will increase in the coming years. The municipalities on the Costa Blanca, with a big proportion of European jubilees, are in a special situation: not only they have to find solutions for their own citizens but also for a bigger part of the older immigrants from Europe. As not all of the expatriate retirees can or will return when they become seriously ill they need sooner or later a place in a nursing respectively old peopleís home. The objectives of this paper are on the one hand to present statistical data regarding to European residents on the Costa Blanca and on the other hand to know the actual supply of residential homes in this region. The aim is to dispose information that allows map out specific strategies and programs of intervention for these cohorts of older people.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2001-06-01
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2001_182

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