If your parents are planning to retire, they may be thinking about selling the family home and downsizing. While elderly people who sell a property which they own will have access to a significant amount of capital, they may not be entirely sure which type of accommodation they wish to move into. If you are helping your parents to make this transition, you may wish to suggest that they consider moving into a retirement village. Below is a guide to 3 benefits that living in a retirement apartment can bring.
Fully serviced and managed apartments
If your parents buy a new property outright, they will be responsible for all of the maintenance and repair jobs which arise. Even if they do not plan to carry out the work themselves, it could still be quite stressful and expensive to organise the needed work. Retirement apartments are typically fully and managed which means that if your parents have any problems with the plumbing or the electrics, they can simply place a call to the building manager and he will arrange for the problem to be repaired at no cost. Further to this, because retirement apartments are usually fully serviced, your parents can enjoy their retirement without having to worry about wet towels or other housekeeping.
Additional fixtures and fittings
This is one of the smallest but most important facts about a retirement apartment. While all apartments will have standard fixtures and fittings such as light bulbs and power sockets, etc. Retirement homes will have additional fixtures and fittings which make life a little easier for those of a certain age. For example, there may be grab bars installed in halls ways and in the bathroom which will make it easier for elderly people to manoeuvre around the building safely. Retirement apartments also tend to have ramps between different levels rather than stairs which helps to reduce the chance that a fall will occur. You may also notice that the switches on the power sockets may be slightly larger, so they are easier to see and press.
A supportive community
Because retirement apartments are generally built as part of a retirement village, you can be confident that your parents will be surrounded by a supportive community. Loneliness can cause retired people to become depressed, and it is much more likely to occur if your folks by a place which is set away from people who are of a similar age and who have similar interest.
If you would like to find out more, you should contact a real estate agency today.
Moving from New Zealand to Australia is more life-changing that you may think. It never entered my mind that starting over in Australia would present challenges when it came to finding a new place to live. I have filled this blog with informative advice about renting and buying a home in Oz you are a newly arrived immigrant. I want to share information about how to convince rental agencies you are a viable tenant. I also want to share details on what you need to do to make yourself look attractive to a mortgage lender. This advice will help you get on the right path to a new home the moment you step off the plane.