WHY RETIRE AT ONE OF RETIRE 24'S PREMIER RETIREMENT VILLAGES?
• Design of the Retirement Villages
Considering the significant impact of loneliness on an older person’s health, Retire 24’s Developments are designed to utilises communal spaces and facilities that encourages social engagement and promote mobility and better health that enables older people to leave their homes and socialise in a safer way.
• Release of Equity
A specific need that was identified by die founders of Retire 24, was the need that older persons have to release equity. Downsizing provides a viable solution and with the release of equity the opportunity arises to re-invest the released equity in a more liquid investment that will be easy to access when the need arises.
• Experience and expertise
With a management team with more than 50+ years of collective experience in the industry we have the right team to deliver on your retirement accommodation needs.
• Various Options
Hand in hand with the need to provide a viable solution to release equity is the need to provide various options to older persons when the sum of equity that needs to be released is considered. Although, the Retire 24 Developments are developed on sectional title basis, there are various options provided to older persons when looking at moving to a Retire 24 Retirement Village. Purchasers can either elect to purchase an Apartment on sectional title basis or rent an apartment within the development. Furthermore, if Purchasers are desirous to pay a lower purchase price for the apartment and have the benefit of not paying monthly rental and still require the return of the original purchase price upon termination of the occupation of the Apartment, purchasing the Apartment on a life right basis also provides a good option.
• Apartment Living as an Option
Older people have also now realised the benefits of apartment living. Considering lower maintenance, the additional amenities and services provided and excellent security provided with Apartment living, the decision to move to one of Retire 24’s premier developments is certainly an attractive proposition for older people.
With over 50 years’ collective experience in the turnkey development and management of retirement villages and related facilities, the management team has done numerous successful Retirement Village developments located all over South Africa and Namibia through various joint ventures with prominent role players in the South African property market.
The demand for high end retirement villages has increased substantially in recent years. According to the Global Retirement Index, compiled by Natixis Global Asset Management the primary ranking concerns for older individuals are healthcare, security and material well-being. South Africa, having scored a mere 34% globally in the said index, leaves much room to be desired.
This has resulted in the rapid growth of high-end retirement village developments, stemming from people acquiring a more pressing desire to secure their plans, ensuring they have well-prepared themselves and their families for superannuation. All Retire 24’s Retirement Villages provides basic care to full frail care services, catering services, cleaning services, laundry services and maintenance services.
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RETIRE24 – SHAPING SOUTH AFRICA’S RETIREMENT HOUSING MARKET 25 Apr 2017 by Property Wheel_GLP -
Musa Group CEO, Mr William Jimerson explains that, “above and beyond the everyday retirement village rationale, which only affords the basic amenities, new retirement village models take into account the fundamental needs of the residents. Mid-to-high income individuals place far more value on their ability to afford basic assisted living care; full frail care, catering services, cleaning services, laundry services, maintenance services etc. Increasingly, individuals approaching and within retirement age, are looking to do so comfortably, circumventing prevalent concerns of health and safety.”