5 REASONS TO INVEST IN A RETIREMENT VILLAGE

MATURE lifestyle estates provide a worthwhile long-term investment, says Jonathan Acutt, the managing director of Acutts Real Estate.

His top 5 reasons to become an investor in this property sector are

1. Security and lifestyle

The demand for safe and secure living plus other added benefits make it appealing for renters who want the convenience of a lock-up-and-go lifestyle without the added expenses.

2. Rental income

When investing in a retirement estate at a young age, the investment potential is increased through rental opportunities.

Rental income generated through a retirement property must be in line with – or higher than – the rate of inflation.

Acutt explains that an estate like Renishaw Hills on the KZN Mid-South Coast has shown remarkable rental returns.

3. Great resale value

Potential investors are also encouraged to assess the sales of similar surrounding properties over the past few years to better gauge the resale value.

4 Generational legacy

Buying a retirement property as an investment allows investors to generate an income without selling the property, thereby building a legacy for their families.

A good property portfolio has the potential to provide significant financial stability for the heirs.

5. Peace of mind

Retirement plans are often left too late, and when it comes to finding a suitable home, there might be insufficient housing stock or the prices are simply too high.

By investing in a retirement property early, there’s time to do due diligence, research the market, and find a quality investment that can be paid off over time.