Latest Posts

New cannabis bill could see construction taking the high road

The proposed amendments to the Cannabis for Private Purposes bill that seeks to further decriminalise cannabis usage and legalise South…

Read More..

Luxury vs ultra-luxury – What’s the difference?

BESPOKE LIFESTYLE: There are a number of key factors that distinguish ultra-luxury homes form the rest, not least that they’re…

Read More..

Creating sustainable growth and reducing poverty through structural transformation

Urban development domains ACRC’s analytical framework uses the concept of urban development domains to transcend both sectoral and traditional systems-based…

Read More..

A root cause of flooding in Accra: developers clogging up the city’s wetlands

Christopher Gordon, University of Ghana Ghana has six designated Ramsar sites. These are wetlands designated under the criteria of the…

Read More..

Nigerian property crime could be reduced if neighbourhoods were better designed

Adewumi Badiora, Olabisi Onabanjo University Nigeria has a very high crime rate. The Global Peace Index ranked it the world’s…

Read More..

Inner cities are growth engines attracting young homebuyers

Inner city living is boosting the city residential property market and driving urban rejuvenation Inner cities. Love them or hate…

Read More..

Kenya’s push for affordable housing is creating opportunities despite barriers

Raphael M. Kieti, University of Nairobi; Robert W. Rukwaro, University of Nairobi, and Washington H.A. Olima, University of Nairobi In…

Read More..

Heron IVC: Walking the green talk

Waterfall is closing the loop on waste Waterfall prioritises sustainability and responsible environmental stewardship as a strategic imperative, keeping the…

Read More..

21st Aug 2022

Architect Africa Online

Africa's Leading Architecture Aggregator

Not your typical retirement living apartment

You can ‘try before you buy’ these hotel-style suites 

When you hear the words “retirement living”, what comes to mind? Perhaps a small, dark  room with oversized furniture occupied by a dispirited elderly person shuffling around in  slippers? Think again. Retirement living nowadays is a stylish, much livelier affair.

“Got to run. I’m meeting friends for tea,” says the Evergreen Noordhoek resident as she  hurries through the lobby, smoothing down her neatly coiffed hair as she goes. No time  today for a dip in the heated pool or a stint in the gym. Later it’s a quick drink at the bar  followed by dinner with friends, then a movie. It’s a busy time for the socially active retiree.

And she doesn’t even have to set foot outside of the plush retirement estate where she  lives.

Hotel-type retirement living has taken root around the world. And the trend is very much  evident in South Africa where luxury retirement villages have taken on a somewhat hotel-like quality. Emphasis is on a quality lifestyle and level of hospitality (concierge, “room  service’ and tours among these) one could expect from an upmarket hotel.

Hotel-like perks aside, what today’s seniors hanker after is independent living within a  secure environment, community, stylish living spaces, and healthcare support when they  need it. Developers catering to this steadily growing segment of the population took note.

Established in 2008, Evergreen Lifestyle revolutionised the local retirement industry,  designing and building retirement living villages that offered designer homes and resort-like  facilities akin to that of a luxury hotel or residential estate. Today there are six Evergreen  Lifestyle Villages in the Western Cape and one in Gauteng.

Evergreen’s Life Rights model, which gives clients the right to occupy their home during  their lifetime, enables the purchase of a ‘forever’ home at a somewhat more affordable  price.

Still, there was a growing demand for more affordable retirement accommodation along  with low maintenance lock-up-and-go living. Now, alongside larger free-standing homes,  larger villages in Cape Town and Johannesburg offer hotel-style suites.

“We are delighted with the place,” says a 76-year-old Evergreen Broadacres resident of his  two-bedroomed garden apartment, “It’s convenient, light and airy, and the fittings are  superb. No houses were available when we were looking, which I am now very pleased  about because my wife and I and our two dogs are perfectly happy where we are.”

Here, one-bedroom suites catering to singles or those with modest budgets, are priced from  R900 000.

Entering Evergreen Noordhoek’s swish 105sqm two-bedroom, two-bathroom luxury suites,  one is immediately struck by the sense of space and light and modernity. These suites with their spectacular views of mountain and sea, command prices from R2.5m. Once all four  phases are complete, the village will offer a total of 96 suites.

“The hotel-type convenience, lifestyle, and amenities like the concierge and meal delivery  services, the sense of community and lower price point have all been drawcards for the  suites,” says Phil Wilson, Sales Director for Evergreen Lifestyle. The pandemic too has had  an impact on apartment buying. “I think retirees had a real fear of living on their own during  Covid.”

Not sure apartment living is for you? Evergreen’s ‘try before you buy’ policy lets you test  drive the experience. “Potential buyers can spend three days and two nights in a furnished  suite to experience the village. Everything is free of charge,” says Wilson. “We have a very  high conversion rate with our ‘try before you buy’.”

And their ‘step-down/step-up’ future-proofing facility allows residents to transfer from one  property type to another as their needs change. It’s added peace of mind for residents and  family members.

Family members too are putting in their penny’s worth. “We find that adult children are  becoming more important in the decision-making process based on the age, health and  financial position of their parents,” reveals Wilson.

The post Not your typical retirement living apartment appeared first on Everything Property.

Syndicated content from Everything Property


If you find this website useful please spread the word.

Follow by Email