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Capital Back 16⚖ Get independent advice
Parewaitai Village
photos: operator / Village Guide
Retirement living · Papamoa Beach, Tauranga

Parewaitai Village

Parewaitai Estates Limited · Papamoa Beach, Tauranga · independent villas & apartments with aged care
Capital Back
16
the money ↓
See what life here is like — then weigh what it means for your family further down.
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The village

Life here

Parewaitai Village sits on a special piece of land in Papamoa, surrounded by beautiful landscape and scenic views. This growing community currently features 60 villas and an elegantly designed community centre, with plans to expand to 114 independent homes plus a contemporary aged care facility. Residents here enjoy easy access to beaches, shopping, and essential services, while fostering a close-knit community where they are honoured and respected.

Your home

Living options

Independent Living

Modern villas and apartments designed for comfort, connection, and peace of mind.

✓ 2 and 3 bedroom villas
✓ Apartments
✓ Emergency call buttons in homes
✓ Regular security patrols
Living options
A day in the life

What living here is actually like

Community at the heart

Activities & Shared Spaces

The elegantly designed Community Centre is the hub of village life, offering residents plenty of opportunities to connect, relax, and enjoy activities together.

✓ Library
✓ Residents bar
✓ Games room
✓ Lounge area
✓ Kitchen dining
✓ BBQ area
✓ Pétanque court
✓ Planned bowling green (stage 2–3)
✓ Planned swimming pool (stage 2–3)
✓ Planned exercise room (stage 2–3)
Always something on
On your doorstep

Facilities & services

Community Centre
Library
Residents bar
Games room
Lounge area
Dining facilities
BBQ area
Pétanque court
Emergency call system
Security patrols
Peace of mind

Care for life, on site

If your health changes, you won't have to leave the place you know. Parewaitai Village offers these levels of care on site:

Independent→Assisted living→Hospital
✓ 24-hour staffed aged care facility
Care and community
Where it is

Setting & neighbourhood

Parewaitai Village is situated in Papamoa, a well-established neighbourhood on the Bay of Plenty coast. The village offers a peaceful setting with easy access to Papamoa Beach, local shopping, and essential services. Residents enjoy scenic views in every direction and the benefits of a close-knit, family-owned community.

Interested?

Like the look of Parewaitai?

Get the brochure, current pricing and availability, or book a look around — sent straight to you. No pressure, and we'll never pass your details to the village without asking.

We only use this to send you village info. Independent — no operator pays to be listed.
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Now the practical part

The money — what comes back to your family

You've seen why you'd love it. This is the part most families only discover at the exit statement — so we put it in plain sight. Every figure is from the village's own filed Disclosure Statement.

Capital Back score
16
Capital-unfriendly · #494 of 520
Better than 5% of NZ villages — yet the market median is just 46. The sector is tough.
Deferred fee
25%
charged on your entry price
Your share of capital gain
0%
operator keeps 100% of any uplift
Time to get capital back
—
not enough resales disclosed
Fees after you leave
Continue
charged until the unit resells
Before you sign, get independent eyes on the contract.An ORA-review lawyer or independent financial adviser — never paid by any operator — checks what it really means for your family.
⚖ Get independent advice →
How the 16 is built

Nothing hidden — every component

The Capital Back score is a transparent weighting of five filed terms — you can see exactly where this village wins and loses.

Move-in fee you don't get back Deferred Management Fee — weighted 30%
25% deferred fee — lower is better.
38
Share of capital growth Capital gain to resident — weighted 15%
0% — the operator keeps any resale uplift.
0
Fees stop when you leave Weekly fees on exit — weighted 15%
Fees continue until the unit resells.
0
Interest if repayment is slow Interest on delayed capital — weighted 10%
No interest on delayed repayment.
0
The filed terms, in plain English

What the Disclosure Statement actually says

Every operator uses different words for the same thing — we normalise them so you can compare like with like.

%

Deferred Management Fee

25%

Accrues over your first 3 years, charged on the entry price.

Market: median 30%; only 16% of villages charge under 25%.
↑

Capital gain

0% to the resident

Any increase in the licence value at resale is kept entirely by the operator.

Market: just 8% of NZ villages share any capital gain.
!

Fees & interest on exit

Watch this

Weekly fees continue until the unit resells.

Market: 220 of 520 villages keep charging weekly fees after you've gone.
Before you sign the ORA

The reckoning usually arrives too late

  • You're buying a licence to occupy, not the home — you can't sell, rent or borrow against it.
  • A large deferred fee is gone within a few years, whatever the unit later sells for.
  • Your family carries the risk of how long resale takes — and the operator's ability to pay.
  • None of this is hidden — it's all in the Disclosure Statement most people sign without reading.
Have someone independent read it first

We'll connect you with a retirement-village review lawyer or independent financial adviser — no operator pays to be here.

Request an ORA review → Talk to a financial adviser