Princess Alexandra Retirement Village
photos: operator / Village Guide
Retirement living · Ahuriri, Napier

Princess Alexandra Retirement Village

Ryman Napier Limited · Ahuriri, Napier · independent apartments, assisted living + full care for life
Life Score
98
Exceptional
Capital Back
50
the money ↓
See what life here is like — then weigh what it means for your family further down.
The village

Life here

Princess Alexandra Village sits in Ahuriri, one of Napier's first settled areas, with stunning views of the neighbouring reserve and the Botanical Gardens nearby. Whether you choose a townhouse, independent apartment, or assisted-living space, there's a lifestyle option to suit everyone. Life here blends easy living with security—your lawns are mowed, windows washed, and mail collected while you're away—and a thriving community where you can catch a movie with friends, play with grandkids in the heated pool, or simply soak up the peace in your own sanctuary. If your care needs change, the state-of-the-art care centre with 108 rooms offering rest home, hospital and specialist dementia care is right here in the village.

Your home

Living options

Independent & Assisted Living

Choose from light, spacious townhouses designed with the 70-plus person in mind, or independent and assisted-living apartments. Assisted-living apartments include chef-prepared meals and housekeeping support.

Townhouses
Independent apartments
Serviced apartments (assisted living)
Ensuite rooms
Studio to 1-bedroom options
Living options
A day in the life

What living here is actually like

Community is central to life at Princess Alexandra.

Activities & Amenities

There is always something to do—from organised events and shopping trips to activities that inspire movement. Residents enjoy chef-prepared meals, a vibrant social calendar, and access to premium facilities.

All-weather bowling green & lawn bowls
Indoor heated swimming pool & aqua aerobics
Spa pool
Gym & exercise classes
Library & computer room
Hair salon & beauty salon
Dining room & bar with happy hours
Village shop
Chapel
Billiards & pool table
Arts & crafts
Cards & board games
Movie nights, bingo & quizzes
Tai Chi
Resident dinners
Organised entertainment & social outings
Always something on
On your doorstep

Facilities & services

Community Centre
Library
Computer Room
Hairdresser
Beauty Salon
Village Shop
Chapel
Gym
Billiards / Pool Table
Dining Room
Bar
Piano
Spa Pool
Indoor Swimming Pool
Bowling Green
Grand Internal Atrium
Peace of mind

Care for life, on site

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

IndependentServicedRest homeHospitalSecure dementia
✓ Registered nurse available for appointments · Doctor available for appointments · Emergency call system in units · In-home personal assistance (showering, grooming) · Village van
Care and community
Where it is

Setting & neighbourhood

Princess Alexandra Village is located in Ahuriri, one of Napier's first settled areas steeped in history. The village sits next to Ahuriri Park in beautifully landscaped gardens with the Botanical Gardens nearby. The neighbourhood offers easy access to the historic Ahuriri village with its numerous restaurants and specialist stores, the MTG Hawke's Bay (Museum, Theatre, Gallery) in the heart of Napier, and the scenic Ahuriri Estuary Walking Track with its boardwalks and diverse birdlife. The village has been awarded 4-year certification by the Ministry of Health, considered the gold standard in care.

Interested?

Like the look of Princess Alexandra?

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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
50
Around average · #181 of 520
Better than 65% of NZ villages — yet the market median is just 46. The sector is tough.
Deferred fee
30%
charged on your entry price
Your share of capital gain
0%
operator keeps 100% of any uplift
Time to get capital back
~126.5 days
median, from 20 recent resales
Fees after you leave
Stop
good — many villages keep charging
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 50 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%
30% deferred fee — lower is better.
25
Share of capital growth Capital gain to resident — weighted 15%
0% — the operator keeps any resale uplift.
0
Speed your capital returns Median resale time — weighted 30%
126.5 days across recent resales.
90
Fees stop when you leave Weekly fees on exit — weighted 15%
Charges end on vacancy.
100
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

30%

Accrues over your first 2.5 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.

How fast your capital comes back

~126.5 days median

Your capital is repaid once the unit is re-licensed to a new resident.

Market: median 154 days; 21 villages still average over a year.

Fees & interest on exit

Resident-friendly

Weekly fees stop when you vacate.

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