Retirement village: Reap what you sow, Angelo Xuereb urges retirees
30 November 2015
[video width="850" height="500" mp4="https://angeloxuereb.com/wp-content/uploads/2022/06/featured-video.mp4"][/video]
As we grow older and enter different phases in our lives, we go through various challenges including in our long working careers. But there comes a time when we should reap what we sow since it would be useless working if we didn’t do that, business magnate Angelo Xuereb said.
Mr Xuereb said the concept of a retirement village, a first for Malta, gives the opportunity to people who want to really live life to the full and to get to socialise in a village which is much more than a neighbourhood.
“The complex will offer some 133 deluxe apartments and penthouses with extensive views in a 17,000sqm development a stone’s throw away from Naxxar’s village core. But not only that, if tenants end up immobile at some point in their lives, they can choose to move in to a state-of-the-art licensed residential care home next door that is entirely independent from the village,” he said.
Mr Xuereb said that the village gives you a feeling that you are in a luxurious resort and not in an ordinary elderly care home.
“We tried to avoid as much as possible having anything attributed to elderly care homes such as staircase lifts or bed lifts. I am not saying that elderly people who find it hard to navigate stairs safely won’t have assistance,” he said.
During the interview, Mr Xuereb came across as having the genuine desire to provide the perfect solution to people who may end up lonely, or couples who are seeking to live in a luxurious village but having the necessary assistance in place, the opportunity to do so in the safest of environments.
“When people grow old, they end up vulnerable and start to fear that one day they can end up victims of a burglary. This village is as safe as can be.
“Some may end up lonely but do not bother to seek company; the retirement village concept is their answer to their loneliness since they can socialise,” he said.
The village also hosts a lounge area, and outdoor pool and relaxation area, a crafts centre, a multipurpose hall and a busy activity schedule, a billiard and darts room, a clinical centre, a library a wellness centre and spa, hair salon, a restaurant and bar bistro, children’s indoor and outdoor play areas, a mini market, garden allotments – an opportunity to grow your own fruit and vegetables, a fitness centre a shuttle service, the list is endless.
Each apartment has its own terrace, a kitchen and the bedrooms are spacious.
A purposely designed chapel to offer a feeling of tranquillity is situated in the heart of the village. The design is based on Mr Xuereb’s ideas. The Cross, for instance, is positioned in a way that the sun’s beams light up the cross which reflect on the Onix flooring.
“There’s plenty of light and the chapel is surrounded by water. It gives you a feeling that the chapel is on the water. One can also admire the swans gliding over the chapel,” he said.
“If it were up to me, the word ta’ xjuh (a place for the elderly) should not exist. This place is a retirement village for those people who would have worked for some 40 years and who want to make the most of what they worked all those years for,” he said.
He continued: “Let’s say a person living in the five-star plus village suffers a stroke some five years after purchasing an apartment, he can be transferred to the residential care residence next door and the person will be assisted by a multidisciplinary team,” he explained.
The maximum the retirement home and village can take up to some 300 persons. The apartments can either be rented or purchased but up to a maximum of 50 years. In the event a person decides to continue living in the residential home next door to the village, he or she can utilise the funds he would have spent on the apartment for medical care and accommodation or choose to rent it out to third persons.
Mr Xuereb said that dementia patients will be allocated to a section of the home which is specially equipped for such patients.
Read More
Making Things Happen
7 August 2012
American Author Francis Scott Fitzgerald once wrote, "the reason one writes isn't the fact he wants to say something. He writes because he has something to say." Dana Bonello sets a date with Angelo Xuereb to discuss his self-titled autobiography.
Read More
Il-Ħolma ta’ Ħajtu
28 July 2012
Mhux kulħadd jista' jigħd li l-ħolma ta' ħajtu saret realta', anki jekk ilkoll kemm aħna minn żogħżitna, jekk mhux anki mit-tfulija, nagħmlu ħilitna biex jiġri dan. Kollox ikun jiddependi fuq iċ-ċirkostanzi taż-żmien , fuq l-opportunitajiet li jista' jkun hemm u ma' jkunx hemm, u fuq kollox, fuq id-determinazzjoni vera.
Read More
I Want to be a Big Businessman
5 June 2012
Angelo Xuereb was only 13 years old when he declared solemnly to his father and his friends when asked what he wanted to be when he grew up: "I want to be a big Businessman."
Read More
Malta’s Leading Businessmen Share their Views on Diversification
1 June 2012
Business diversification is regarded as vital for growth by many of the island's most prominent businessmen, especially in a small market such as Malta. Chiara Bonello sounds out Malta's top businessmen who describe their journey as diversification that has made them a force to contend with in the business world. They discuss their views on the importance of diversification, especially in light of increasing market competition and the current economic climate.
Read More
Building on a Sound Format
9 December 2011
At a time when the construction industry in our country is passing through rather a dry period, the federation of Building and Civil Engineering Contractors felt the need to be proactive in an attempt to create those areas that need it without concentrating exclusively on the "building of new apartments".
Read More
Proposal for a new Sliema Waterfront
11 October 2011
While the recent upgrading of Tower Road and Qui-Si-Sana is commendable, one should now consider the upgrading of the Sliema waterfront on The Strand Side. before a masterplan is developed for this prestigious location, one has to take into consideration the needs of this location, together with its long term potential.
Read More
Upgrading the Kennedy Drive Project
19 September 2011
Transport Malta has asked the public to comment on its proposal for the upgrading of the Kennedy Drive segment of the Coast Road Project, stretching from Baħar iċ-Ċagħaq to St Paul's Bay, which today is one of Malta's main arterial roads.
Read More
Quality, Determination and Commitment
1 August 2011
The Economic update caught up with AX Holdings' Chairman, renowned Entrepreneur Angelo Xuereb. Mr Xuereb spoke to Martin Vella on a wide range of topics including the construction industry, innovation, MEPA, and his approach towards business growth and organisational culture.
Read More
The Palace wins best Design Award
24 July 2011
Premier Boutique hotel The Palace, Sliema, recently won the Best Design award for five-star hotels with 50-200 rooms at the International Hotel and Property awards 2011 held at L'Hotel hermitage in Monte Carlo. The award was collected by Angelo Xuereb, chairman of AX Holdings, who represented the group and The Palace Hotel.
Read More
Let’s Re-Expose St Magdalen Ravelin
11 May 2011
The announcement that the government will be relocating the Triton Fountain as part of the Valletta entrance project is commendable. The architecture and sculpture of the Triton Fountain do not blend with the new Holistic design approach of the new city gate and therefore relocating it was inevitable. The fountain's base was constructed in large precast blocks of local hard stone and mosaic hence, if handled with care, it can be easily shifted.
Read More
Let’s Re-Expose St Magdalen Ravelin
11 May 2011
Read More
Malta’s Construction Industry at a Crossroad
1 March 2011
Once a stalwart of the local economy, Malta's construction industry is being forced to contemplate serious transformation if it is to survive and prosper. Claire Azzopardi finds out what issues the industry is facing and where its future may lie.
Read More
Angelo Xuereb on AX Holdings’ 35th anniversary
1 January 2011
In the same breath that Angelo Xuereb looks back at his achievements of AX Holdings over the past 35 years, he adds: "I wish we did more". He is full of energy and still puts in a 12-hour day and appreciates most of the determination he has demonstrated over the years.
Read More