Retirement in South Africa. Why Gated Retirement Communities And Villages Thrive
Why the focus on retirement in South Africa? One should just sit around in a few coffee shops in places like Gordons Bay, Stil Bay, Durbanville and Paarl to realize how the over 55 age group flock to the Western and Southern Cape’s gated retirement communities. They can be seen everywhere, these mature people walking on beaches, having a ball in restaurants, going to the movies when lesser souls have to work, visiting wine farms, go whale watching, and playing golf with great dedication or perhaps, a better description, with an assassin’s attitude.
The Western and Southern Cape are highly in demand as these areas offer not only beautiful mountains and breathtaking ocean views, but also a generally laid back and relaxed atmosphere. One can never be sure whether parents settle in the southern parts to be followed by their children or if it is the other way round, but extended families are clearly concentrated in abundance around these areas.
Another interesting development is the influx of people from abroad choosing retirement here. That has partly to do with the lifestyle they can create in this pleasant climate, but also with the fact that they can buy so much more with their dollars, euros and pounds when it comes to retirement villages in South Africa.
With their base in the Western and South Cape, retired people can travel to the Kruger National Park or deeper into Africa to watch the Victorian Falls or the stampede of herds of animals. But they tend to settle comfortably, thank you very much, in the variety that the southern African lifestyle provides. Summervale Lifestyle and Retirement Village in Gordons Bay is a good example of what a qualitative retirement can look like.
Whether one settles for a house near a beach or in one of a variety of new retirement villages in South Africa, satisfaction is guaranteed as retired people go out of their way to spread goodwill and companionship. They are furthermore satisfied that security is of good standard and that all the necessary medical facilities are there if needed.
In terms of supply and demand, the scale is on the side of droves of people over 55 flocking to the western and southern parts for retirement in South Africa’s coastal areas. This will continue for many years and will assure solid appreciation in this growing market.
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