Modern-day retirement homes have changed beyond recognition from their old stereotype of slippers, loud televisions and over-boiled vegetables.
These days, there’s a diverse range of highly desirable options available – an increasing number of which fall into the Luxury Retirement Homes category.
So what exactly constitutes a Luxury Retirement Home? The term firstly refers to the type of building – often newly-built or newly-converted with spacious modern communal areas and set within extensive landscaped grounds.
The private apartments for sale within these buildings are generous in size and combine features such as walk-in wardrobes, top-of-the-range kitchen appliances, Sky TV, wi-fi and even a private patio or Juliet balcony.
Your apartment may also come with a private parking space and independent guest accommodation.
Food and services within a Luxury Retirement Home will also be top-notch. Think restaurant-standard menus, fresh laundry delivered to your room and a 24-hour concierge.
As well as the standard book clubs and debating groups, Luxury Retirement Homes may also schedule weekly events such as wine-tasting, manicures and even cocktail parties with live entertainment.
Apartments in a Luxury Retirement Home, which tend to be sold on a long leasehold basis, will obviously come with a price tag to match, while ongoing monthly service charges are also considerably pricier. Make sure you always seek independent financial advice.
And, especially when buying in a brand new Luxury Retirement Home development, be sure to find out how many of the units have already sold before moving in.