Höchenschwand
in Baden-Württemberg

Property description and location

The Alpenpanorama senior citizens' residence is situated in a fantastic location on Panoramastrasse. The building was constructed in the mid-1990s as a rehabilitation clinic and has been used as a care facility since 2012 following extensive renovations. As an existing property, the property is already established and well-known as a retirement home in the municipality and the region. It has 94 attractive single rooms, all of which are of course equipped with a separate bathroom with shower, washbasin and WC. The fact that all residential units have their own balcony also contributes to the quality of living. In addition, the residents have access to generously designed and light-flooded communal rooms and lounges.

• Units: 94 care apartments
• Purchase price: from € 193,435.00 per unit
• Apartment size: between 55.18 sqm and 55.18 sqm (incl. communal area)
• Year of construction: n.a.
• Rental yield: initial yield approx. 3.60 % p.a. in relation to the purchase price
• Address: Panoramastraße 10, 79862 Höchenschwand, Germany
• Operator: The facility is operated by Seniorenresidenz Alpenpanorama GmbH, which is part of the nationwide Argentum Group. The Argentum Group was founded in Hanau in 2018. Since its foundation, the group has already taken over around 4,000 beds in inpatient care with around 30 facilities. In the area of new builds, numerous other locations are already in the development and opening phase. These projects include inpatient places, assisted living apartments, day care, outpatient intensive care and outpatient services. The Argentum Group's objectives include the sustainable development of quality leadership in the German care market. The basis for this is provided by care facilities with family charm and the highest quality of care, modern, assisted living facilities with comprehensive on-site services, a caring and respectful approach to residents, a regionally oriented strategy and proximity to the population, investments in the infrastructure of the care properties and the surrounding area as well as cooperation and exchange with strong partners in the economy and the care sector. The corporate philosophy is guided by the aim of providing people in the facilities with security and enjoyment of life in old age and ensuring a high quality of life. An active and self-determined lifestyle is promoted for residents, whereby help and support is provided as a matter of course if this is required due to physical or mental limitations. A regular exchange between the facilities is part of the implementation strategy of the corporate philosophy, alongside a value-oriented management approach and openness to new care and social approaches. As in the other facilities of the Argentum Group, the Alpenpanorama senior citizens' residence attaches great importance not only to medical care but also to improving the general state of health by strengthening the individual skills and abilities of the elderly. Contact with others is encouraged through joint activities, residents remain physically and mentally active and feel comfortable in their new home. This creates an atmosphere that places the well-being of the residents at the center of everything we do, contributing to the good reputation of the facility and thus to the attractiveness of the property.