Retirement Properties for Sale

Choosing the perfect retirement property is an important decision that can have a significant impact on your experience of your golden years. What makes for the “ideal” retirement property may vary from person to person and here’s our list of important considerations to take into account:

Location

Generally the most desirable retirement property needs to be situated in a location that offers a peaceful and fulfilling lifestyle, but this may not be everyone’s first choice. Many retirees prefer the buzz of a busy cosmopolitan town centre and to be in the middle of all the action. As they say, 70 is the new 50 and who are we to argue! Your dream property can also mean that it is located a serene coastal town or part of a charming countryside retreat. Always consider your preferences for climate, the proximity to family and friends, easy access to healthcare and the convenience of having recreational activities nearby.

Accessibility

Whether we like it or not, as you age, accessibility becomes crucial. Be on the lookout for a retirement property that can accommodate your mobility needs, with features such as step-free entrances, wide doorways and grab bars in bathrooms and toilets. Planning for the future probably means that a home with a single-storey layout will be best, otherwise a property with access to an elevator or chair lift will also make daily life easier and safer. Inevitably one will need this convenience sooner or later as the years go by.

Amenities and services

Retirement should be a time of stress-free living, relaxation and enjoyment and the ideal retirement property needs to have a range of amenities and services that will only enhance your lifestyle. This could be anything from fitness centres, swimming pools, walking trails, communal spaces for socialising, hairdressers, on-site healthcare facilities and concierge services that can cater to your needs.

Safety and security

Once you are in your retirement property, feeling safe and secure is essential for peace of mind. Always look for properties with good security measures such as those offered by gated communities and those that have 24/7 surveillance. Additionally it will be wise to also consider features like emergency call systems and a nearby supportive community that can provide a sense of camaraderie and assistance when needed. Consider the community that surrounds you in your golden years like an extended family.

Financial considerations and affordability

When you are retired, your life’s savings need to last for a long time, so it is important to plan properly for what you are going to buy and where. Your retirement property thus needs to align with your financial situation. Carefully consider your budget, including not only the purchase price but also the ongoing expenses such as monthly maintenance fees, insurance and utility costs.

The ideal retirement property will always be a personal choice that is tailored to your preferences and needs. It is wise to take note of the fact that moving again and again becomes more stressful as we age, so plan well ahead and take the time to explore all the different options: visit the various properties and envision yourself living in each space for years to come in order to avoid having to move again very late in life.