Located in the Cape Town suburb of Panorama, the village is managed by experienced retirement developers Trans50, and has been operating since 1985. It offers excellent facilities for both younger and older retirees, including bachelor pads, cottages, assisted living and frail care services. There is also a wide range of health and leisure facilities to ensure residents can lead an active and social life in their golden years. The new block will enable retirees to enjoy the convenience and lifestyle of apartment living, while still having access to this thriving community, its facilities and social network.
The new apartments, which are being marketed exclusively by Pam Golding Properties, are contained in a beautiful modern glass building offering spectacular views towards Table Mountain. There is a choice of 47sqm one-bedroomed units, or two-bedroomed apartments sized at 70sqm. Prices range from R700 000 to R1.28 million, on a Life Right basis. All units have a parking bay allocated to them, which can be purchased for an additional R31 500. The interiors consist of neutral tones with high-quality finishes including Caesarstone and granite kitchens.
PGP’s sales and marketing manager for the development, Bev Bloch, says there is a well-publicised shortage of good retirement accommodation in Cape Town, making the new block at Panorama Palms a welcome addition to the property mix. “Not only does the village offer excellent facilities and amenities,” she says, “but it occupies a conveniently central location in a highly sought-after suburb. Panorama is known for its superb views over Table Bay and the Peninsula and for its easy access into the city via the N1 highway. Residents of Panorama Palms will be able to reach top attractions like the V&A Waterfront, Canal Walk and Tyger Valley shopping centres, and the beaches of both the False Bay and Atlantic coastlines, with ease. The village itself occupies a serene, park-like environment punctuated by waving palm trees. It is extremely secure, with a 24-hour guarded gatehouse, patrols and security system. In short, it is the ideal home for active older people, especially those who travel often and can enjoy the peace of mind of a secure lock-up-and-go home.”
Bloch says the developers Trans50 have a reputation for well-managed retirement developments offering excellent facilities for the over-50’s, no matter what their state of health and level of independence. “Active residents who are still fully mobile can enjoy the privacy and independence of their own homes, and take part in a wide range of activities,” she says. “But they can do so in the knowledge that facilities are available for that point in the future when they may need some assistance with their daily routine. These include assisted living services providing in-home care, as well as a full frail care operation for the physically or mentally frail. Professional clinic nurses are also on duty 24 hours a day to assist all residents with basic first aid and regular health monitoring such as blood pressure checks.”
Panorama Palms offers fully-qualified, highly experienced staff, assisted by a management committee elected by the residents themselves. Services at the village have been developed with the help of leading experts in gerontology, to ensure that the lifestyle and activities on offer are best-placed to encourage an independent and active lifestyle for all residents for as long as possible. Wellness programmes are individually tailored to residents’ specific capabilities and needs, and take a holistic approach, supporting their social, emotional, spiritual and intellectual health as well as their physical needs. The village offers extensive social and sporting activities such as bowls, darts and snooker, a library and various clubs. A catering service provides all meals for those in the assisted living suites, but fully independent residents can also take advantage of this service on an ad hoc basis. The village also provides regular transportation shuttles to shopping centres, doctors’ visits and social outings. Other facilities on site include a hairdresser, laundry and tuck-shop, as well as religious services on Sundays.
PGP’s MD for the Western Cape metro region, Laurie Wener, says Panorama Palms is an excellent choice for those facing imminent retirement. “The developers have a track record in the industry spanning nearly four decades,” she says. “There are already some 1500 senior citizens living in Trans50 villages around the country, which is testimony to the high quality of facilities on offer. Panorama Palms not only offers a secure, attractive environment to retire to, but also the opportunity to live an active life for as long as possible, and to be part of a busy social community. Too many older South Africans live lonely, sedentary lives - but that kind of existence has no place in a facility such as Panorama Palms.”
Wener adds that the Life Right purchase is a sound and world-renowned model for retirement property. “A Life Right means just that – one purchases the right to live in a specific unit for the remainder of one’s life,” she says. “This guarantees security of tenure, and as the developer remains the sole owner of the unit, there is no payment of registration fees, transfer duties or VAT. The developer also retains sole responsibility for the upkeep of the village, including security, communal facilities, gardens and maintenance. This is a hassle-free and financially sound alternative for older people who don’t want to be burdened with unnecessary administrative costs or physically demanding maintenance work on their homes.”