A senior residence ideally located on the edge of Bordeaux - Location and residence Located in Cenon, on the edge of Bordeaux , the STELLA senior residence, formerly Les Senioriales , enjoys a pleasant residential setting and good access to the heart of the Bordeaux metropolitan area. The proximity of tram line A and the Cenon TER station makes it easy to reach central Bordeaux and Saint-Jean station. The residence also benefits from many local shops and services as well as the town's green spaces, notably Parc Palmer. Designed to meet the needs of independent seniors, it offers adapted units and various shared spaces promoting comfort, interaction and conviviality. - Amenities and services of the residence The residence provides its occupants with various spaces and services designed to ease daily life: restaurant, social and activity areas, wellness area, landscaped garden and terrace , as well as various support services. The units are designed to offer comfort, practicality and safety, notably with fitted kitchens, adapted shower rooms and accessibility meeting the needs of senior residents. - Status of the operation The latest General Meeting minutes provided, dated 11 April 2025 , report a significant change regarding the operation of the residence. The Jardins d’Arcadie Group informed the condominium of its decision not to renew its operating agreement, which expired on 10 July 2025 . The operator stated in particular that the residence's business model had become difficult to balance and confirmed its intention to withdraw from the residence. To ensure continuity of the services offered to residents, the condominium has considered various solutions, including the search for a new operator and different arrangements for taking over the operation. - The property market The town of Cenon benefits from its immediate proximity to Bordeaux and good public transport links, which are favourable factors for the area's appeal. For a senior services residence, however, the value of a unit does not rest solely on prices seen in traditional residential property. It also depends on the operating conditions of the residence, the rent level, the yield sought by investors, the contractual terms and the charges borne by the owner . These specific features must therefore be taken into account when positioning the property on the secondary market. - Condominium update – General Meeting of 11 April (please use the form to respond ) The latest General Meeting minutes highlight several important points concerning the condominium: The 2024 accounts were approved and the 2026 forecast budget was set at €312,760 . The General Meeting also set the mandatory contribution to the works fund for 2026 and authorised the resumption of the study on connecting the condominium to the district heating network . A budget of €10,000 was also voted for works concerning the ASL Les Senioriales. Finally, the main point of attention of this meeting concerns the change in the operation of the residence following the non-renewal of the agreement with Jardins d’Arcadie and the steps taken to ensure continuity of services. - The residence's strengths A sought-after location on the edge of Bordeaux Good connections by tram and TER Proximity to shops, services and green spaces Units designed to meet seniors' needs Shared spaces promoting conviviality and social ties A residence integrated into the dynamics of the Bordeaux metropolitan area 2-room apartment - 2 people Stella - Lease expiry: December 2034 Condominium lot no.: 17 / Sale no.: A1.7 / Physical no.: A1.7 Fees: SAPHIR Property tax: €1,182 Energy rating: C / GHG: C
