The monthly levy includes general services such as 24-hour gated security, gardening and maintenance services, a satellite dish, and an intercom system for emergency cases.
Sold as a life right option, buyers pay the purchase price and have the right to live in the unit until reaching a stage of being unable to care for themselves – or choose to leave for whatever reason. When the unit is sold, the life right holder receives back the funds originally paid plus 10% of the profit on the resale of the unit.
As opposed to an investment in property, life right ownership is an investment in lifestyle, security, and peace-of-mind. Life right is the most affordable way to buy into a privileged retirement lifestyle. it means a secure home for life, protected by the Retired Persons Act. you save on up-front costs: no VAT, transfer duty or registration costs are payable, just mandatory monthly levies.
Life right living provides all the advantages of homeownership without the hassle of insurance, home maintenance, garden upkeep, domestic workers, repairs, and security upgrades. Many South Africans are choosing this lifestyle as the attraction of resort-style living grows. Many of these retirement communities are vibrant and inclusive, providing activities and entertainment that appeal to retiree’s keen on an active, healthy retirement.
As human longevity increases so too does the need for assisted living, home care, frail care and dementia care. These retirement villages are designed to cater to these needs. Meals, cleaning, laundry, and garden services are also available. Life right living offers you a peach of mind lifestyle with several available services for a relaxed and comfortable retirement.