Why now is a good time to buy a retirement property


Post by: Eastlands Estate, 26 Oct 2017

If the costs of managing and maintaining a bigger home are beginning to become prohibitive; you’re looking for the safety and security offered by estate living; or you’re starting to plan for your retired or semi-retired future in a few years’ time, then you may be thinking of selling your home.

One of the biggest questions homeowners ask is, ‘when is the right time to sell?’ It’s a tricky question to answer, with pros and cons on both sides.

For example, right now is a buyers’ market, making it a relatively good time to invest in property. In addition, some sectors of the property market are performing better than others. Retirement property remains a sound investment, with good future returns on retirement properties still predicted.

Added to this, the general slow pace of the market has resulted in a growth in rental properties, with demand expected to be maintained for the remainder for 2017. This favours investors who are buying property now to rent out for the foreseeable future.

The flipside of this buyers’ market is that selling your home might take longer than normal. At Eastlands, we understand this, which is why we have entered into an exclusive partnership with Chas Everitt to help our future residents sell their existing homes, and enjoy a hassle-free transition from their old homes to their new ones.

Our two dedicated onsite Chas Everitt agents will help you every step of the way with selling your current home; will assist you on your journey to finding your forever home at Eastlands; and will help to minimise the uncertainty and stress traditionally associated with these two processes.

We have also secured a special rate for all homeowners selling their home in this way, at just 5% commission.

Given all of this, now is a pretty good time to consider investing in a retirement property.

If you’d like more information about investing in your forever home at Eastlands, email info@eastlands.co.za

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