When considering retirement options, downsizing is generally accepted as part of the deal, but so often retiring to an apartment is overlooked – for all the wrong reasons.
“We have noted a lot of interest in our planned apartment offerings at Renishaw Hills,” said Phil Barker, managing director of Renishaw Property Developments, developers of Renishaw Hills, a mature lifestyle development on the KwaZulu-Natal South Coast. “The convenience of apartment living with the added benefit of a quality estate-based lifestyle makes them really desirable.”
Here are 5 reasons to consider investing in an apartment for retirement.
1. Affordability
The compact nature of an apartment means a lower price tag as well as reduced expenses related to upkeep and cleaning. In addition, the spacious apartment design maximises on natural light, encouraging the through-flow of sea breezes which mitigates the need for artificial cooling and lighting, further saving on costs.
2. Lock-up-and-go
Retirement is a time to travel, explore new places and try new things. Apartment living affords retirees a secure, easy, lock-up-and-go option that provides the required freedom for a carefree lifestyle.
3. Security
The apartment complex is secured through the state-of-the-art estate security. This includes 24-hour surveillance, perimeter patrols, electrified fencing and emergency reaction. The close proximity of neighbours is also a strong deterrent for any criminal activity.
4. Community living
There are so many social benefits to living in an apartment within an estate. Residents are surrounded by other retirees, many of whom will have similar interests, and this creates a welcoming sense of community. Noticeboards and group messaging will alert residents to planned social activities, and for those who prefer personal space, there is no undue pressure to participate.
5. Use of facilities
Renishaw Hills’ lifestyle village has a wealth of communal facilities which are available for use by all residents. Alongside the various sports’ facilities – pool, gym, walking and cycling trails – there is a coffee station, bar, library and post office, among many others. This means no maintenance or costs related to membership.
Convenient and spacious, every apartment at Renishaw Hills has been designed and constructed with great living – and low maintenance – in mind, and a choice of finishes to suit personal taste.
Renishaw Hills has just announced an extension on its Phase 3 offerings with more stylish one-bedroom apartments available.