Should I Buy a Retirement Home in Adelaide Before I Retire?

There is a handful of reasons why investing in independent living villages such as those offered by Karidis retirement villages is a great idea. Added security, reduced maintenance worries around the house and yard, coupled with the enjoyment of community living, are just a few. Karidis looks at why it is a good idea to look into this earlier than you may have considered and why you might want to start researching independent living villages before you retire.

Trial Run Your New Neighbourhood

There are many options when it comes to retirement villages, and buying before you retire can give you a glimpse of your future. Of course, it’s likely that you’ll have done enough research and careful consideration that you invest for the long-term. Should you decide it’s not for you, you’ll have had your money invested in a sought-after property that you can then sell.

Find the Right Home for You

Finding the right property for you may take some time but, if you happen to come across the home you really want, it might sell to someone else if you decide to wait. If you’re not looking to retire for another five years or so but you find a place you know will make you happy in the future, it might be worth considering snapping it up now while you have the chance.

Simple Financial Approval

This is a very practical reason to invest in a retirement village before retiring. If banks or other financial institutions are going to show their conservative side when offering to finance, it’s going to be when you are no longer employed. The older we get, the more chance there is that something unforeseen will rear its head and banks may baulk at this. Having said that, Karidis offers our retirement villagers help with financial matters through Retire Assist.

Know the True Cost of Living in Your Home

After owning your retirement home for a few years, you will have become accustomed to exactly how much you’ll need in ongoing costs. Being able to monitor monthly maintenance fees, electricity, telephone service and contents insurance costs before you retire will better inform you of what to expect once you do.

Call Karidis luxury retirement villages in Adelaide on 1300 796 311 to help you decide if investing in retirement housing before you retire is right for you.

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