More and more South Africans are investing in retirement developments, and for good reason. There is a strong demand in South Africa for secure lifestyle retirement developments. In fact, the demand often outstrips supply, with many of the top retirement villages boasting long waiting lists.
Many people recognize the long-term value of these kinds of developments, investing long before retirement age and renting them out until the time comes for them to move in. This gives these investors the opportunity to plan for their old age and invest in these developments at today’s prices, ensuring that their capital investment holds its value, and often, even increases in value. In this way, they can rent out or sell their family homes for income during their golden years, and enjoy being part of a Salem Park retirement community when it is most needed.
Salem Park Retirement Village has made a big shifts away from merely serving the aged, to meeting the luxuries demanded by a more privileged society. When people decide to invest in Salem Park, they consciously or subconsciously have made the decision to invest in a certain lifestyle. The term ‘retirement village’ denotes far more than mere accommodation, and incorporates a number of lifestyle benefits as well.
Retirement developments vary, and depending on the price, they offer a number of facilities, including Gas reticulation, Solar Energy Usage, Wi-Fi Internet connection just to name a few. Salem Park Retirement Village caters for all of these and more!
Being in South Africa, as with all residential developments, security is a major concern. Salem Park Retirement Village is fully gated with state-of-the-art security measures in place, including manned 24-hour security guards patrolling the perimeter and the entrance, CCTV surveillance and intercom systems fitted in each unit.
Apart from solid security, and aesthetic considerations, retirees want to be proximate to various external amenities such as shopping centers, churches, and a variety of other entertainment attractions. As their name implies, retirement developments are purpose-built communities for the elderly.
Many retirees prefer to buy a home where they can still do a bit of gardening and enjoy their independence. The lock-up-and-go benefits of Salem Park Retirement Village is also very attractive to those individuals who like to travel.
There will be a high demand for retirement properties for a long time to come, particularly with the current shortage of these kinds of homes in South Africa. Those that invest in Salem Park Retirement Village wisely now will be securing more than just another property; they will be buying into a solid asset class that guarantees investors financial returns.