19 November 2019 – The Spanish Catholic Church has sold the Fundación Santísima Virgen y San Celedonio senior citizens’ residence to the University of Nebrija for 37 million euros. The home, located on Calle Padre Damián 22, just a five-minute walk from the Santiago Bernabéu stadium in Madrid. Residents were informed of the sale last March but have yet to learn any further details. Nineteen nuns, 163 senior citizens and 29 workers currently live at the site, and all of them have been told that they must leave the premises on November 8, 2021. The sale is the Archbishopric of Madrid’s second in less than a year.
Sources at the foundation noted that the sale of the 18,512-m2 facility was approved by 90% of the elderly residents’ families, but those same families have yet to receive any additional information about where they will go. The foundation and the archdiocese say that they are looking into developing a large residential complex, possibly in El Cañaveral (Vicálvaro).
However, the archdiocese has yet to buy any land or commission any projects for the complex. Furthermore, there are only two years until the residents must leave.
The sale, which was concluded in November of last year, was for 37 million euros, to be paid in four instalments. The University of Nebrija plans to convert the site into a student residence and possibly a new college.
Original Story: El País – Manuel Viejo
Photo: Kike Para
Adaptation/Translation: Richard D. K. Turner
18 January 2019 – El Confidencial
Worshippers at the ‘Parroquía de San Jorge’, right in the centre of Madrid, will soon have to find another sanctuary in which to celebrate mass. The University Antonio de Nebrija has purchased the plot on which the church currently stands, on Calle Padre Damián 22.
Undoubtedly, an attractive asset for many institutions such as the German School, which had to move to Montecarmelo after it was unable to find a good location in the centre of Madrid, and the IE, which was looking for social land for years, but which is going to end up in the fifth tower of the Cuatro Torres business park, where the Campus IE University is going to be built.
The deal that has been signed a few metres from Paseo de la Castellana is one of the first real estate operations of the year and one of the most noteworthy, due to its location, behind the Santiago Bernabeú football stadium, in the middle of a prime area of the city, as well as due to the type of asset. The owner of the plot until now was the Fundación Condes del Val, which owned not only the land on which the parish stands but also a nursing home of the same name. The price paid has not been disclosed (…).
The plot on which the parish stands is dedicated to social use, and so the future building will have to have a very specific purpose, specifically, likely to be facilities for the university, which is currently located in the capital’s Ciudad Universitaria district (…).
Original story: El Confidencial
Translation: Carmel Drake