Why Slovakia’s largest private 24/7 care nursing home and Alzheimer’s centre is a unique investment

Last week I again visited the Dúbravka forests and I could not believe that I was still in Slovakia’s capital city of Bratislava – only a stone’s throw away from the city centre. Beautiful landscape, trees, fresh air and peace … only except for the construction works proceeding on the reconstruction of the former training centre and hotel campus into a modern home for seniors with uninterrupted nursing care complemented by a comfortable centre for clients with Alzheimer’s disease.

Construction works are in their final phase and towards the end of the year, the first clients will be accommodated in one of the total of 147 beds. We visited the site with the whole Crowdberry team as part of regular visits and monitoring of the construction’s progress. As a matter of fact, last year in Crowdberry we made a relatively bold step and decided to offer investors our first real estate project, which has in common with the previously introduced tech startups or rapidly-growing young SMEs perhaps only the legal structure for doing business. SeniorHouse – Dúbravská oáza convinced us with the strength of its team, their unique idea, the immense amount of work they have put into the project over the last five years and the vision of renowned investors, who apart from a stable dividend also seek an opportunity for safe returns on capital also during economic crises or fluctuations in financial markets.

We are seeking investors and co-owners for the company Griffin, which is behind the development of SeniorHouse – Dúbravská oáza with a capital raise goal of 1.65 million euros. On a Europe-wide scale, this is a truly unique type of co-investing into facilities which were until now reserved only for professional investors and investment funds. I would like to explain to you why that is so, and why we believe that it is worthwhile to support the company by investment and become a long-term co-owner, earning attractive returns.

Our population is ageing, bringing new challenges and opportunities

An ageing population is a major challenge for all of Europe. The Council for Budget Responsibility, an independent body that monitors and evaluates the fiscal performance of Slovakia, predicts that the number of people over 80 years old will double over the next 15 years. With this, the number of people requiring intensive care at old age will grow. Today, people aged 60 and above account for over a quarter of Slovakia’s population and in 30 years it will be almost 40%.

Similarly, the development of Alzheimer’s disease in Slovakia does not provide a positive outlook. The Slovak Alzheimer’s Society (Slovenská Alzheimerova spoločnosť) expects the number of patients to more than triple by 2035.