It is becoming increasingly difficult to find a decent place to spend the autumn of life in the Czech Republic. In 2020 alone, more than 46,000 applications for a bed were rejected in the Czech Republic, and the ageing population threatens to make the situation worse. For this reason, private investors are increasingly entering the senior housing business. One example is the Bratislava-based Dúbravská oasis project, which raised growth capital through the Crowdberry investment platform.
We also sensed the potential of the property in Ivančice and decided to finance the business plan of Petr Vaca, who will run and manage the home. Additional funding was provided by Slovak entrepreneur Jozef Gima. He and his company, Biznis Hub, have been working with Crowdberry for a long time and together we want to continue to invest in this area.
The house for the elderly, called Dobré časy, will be built in a property that was purchased from Přemysl Veselý’s construction company before it was approved. The first inhabitants are expected to arrive this summer. It will offer a total of 77 beds for seniors with higher levels of dementia and 90 long-term care beds. Future clients will also receive extra services such as hydro-massage, workshops, light therapy and hairdressing. The building will also house a medical clinic.
If you’re interested in learning more, watch the webinar where we introduced the new acquisition.