While there are many advantages that comes through downsizing, the most significant advantages include less maintenance and that a smaller home is less of a financial burden than a larger property.
If you happen to be a retiring homeowner and looking to downsize, then this phase of your life may be slightly daunting.
A retired homeowners transition will depend entirely on your individual circumstances. At Seeff, we understand that one size does not fit all. You will need to consider the following factors: your health, safety and related costs.
Retired homeowners with mobility issues may need to consider a home with fewer steps and less maintenance. Those that are unable to drive will need to find a property that is closer to lifestyle centers, shopping malls and entertainment areas.
Studies have shown that South Africa is an extremely popular country for retirees. According to Expatica, expat homeowners are relocating to South Africa due to the warmer climate, picturesque landscapes and a reasonably low cost of living.
If mobility is not a concern, then searching for a “lock-up and go” property would be ideal. This type of property will give you the peace of mind that will enable you to travel or spend weekends away.
South Africa ranks 4th on the list of the most affordable countries to buy a house and is a homeowners paradise with the Garden Route being a particular favourite amongst retirees.
Cape Town, with its pristine beaches and neighbouring Cape Winelands offers an abundance of choices when it comes to activities, while Johannesburg is attractive as it features a variety of lifestyle centres and wildlife parks, such as the Kruger National Park, which is only a few hours drive away.
Retired Homeowners looking to downsize and sell, Seeff offers you a vast selection of properties to choose your next home from.
Overlooking the calm and surreal canals, Knysna is a homeowner’s dream. The area is the well-known home of the Knysna Seahorse, picturesque sunsets and it offers a variety of lifestyle activities and restaurants. If it sounds appealing to you, then this is the lock-up-and-go property that you have been waiting for.
White cladded houses with a white picket fences and homes built for two. Knysna offers quaint, quiet homes ideally suited for retirees with enough room for family and guest-stays.
Pietermaritzburg, fondly known by locals as the “sleepy hollow”, is seeing an increase in property sales and purchases.
A number of homeowners and retirees from around the country and abroad are making the great trek towards this extraordinary suburb which is conveniently situated close to the Midlands Meander.
In Pietermaritzburg you will find developments close to lifestyle centres, spend your afternoons on your private verandah looking out over the lush green hills, away from the hustle and bustle of a busy city.
At Seeff we understand that downsizing is a big decision for our clients. Our agents are on stand-by and ready to offer you the best advice on the best outcome and right price for you.