Upon retiring, moving into a retirement villa may be for the best. Most retirement villas have all of the amenities and services that you need to live comfortably. With that said, moving into a retirement villa can be expensive. The average entry cost of moving into a two-bedroom unit can be anywhere from $200,000 to $400,000 in less affluent parts of Sydney and anywhere from $1 million to $2 million in very affluent parts of Sydney. Before moving into a retirement villa, check to make sure there are no restrictions that you need to be aware of. Here are 3 types of things you need to consider whether you need to get permission for.
Whether Visitors Can Stay at the Villa with You for Some Period of Time
It's not unusual for retirement villas to be out of the way or far away from where you used to live. It might not be convenient for family members and friends to come visit you for only a day. It might be better for everyone if they stayed for longer. To make matters simple, ask the retirement villas whether they allow visitors to stay for some period of time. Some villas strictly prohibit overnight stays whereas others might place a limitation to how long your visitors can stay. Some villas are much more flexible, and will even allow others to move in with you.
Whether You Can Make Changes to the Interior of the Villa to Improve Your Quality of Living
As circumstances in your life change, your needs will change as well. You might need to make alterations or modifications to the interior of the villa to improve your quality of living. For example, if your mobility becomes limited and you end up needing a wheelchair, you might want to make renovations to the villa, so that it becomes wheelchair friendly. Check the contract before moving into the villa to confirm that there are no limitations as to what you can do to your place.
Whether You Can Have a Pet
Retirement can be lonely, especially if the villa is located a bit far from where your family members and friends live. Although most retirement villas encourage residents to socialize and interact with one another, having a pet with you can make your life after retirement a lot more exciting and fun. Its companionship can keep you from feeling lonely and depressed. Make sure that the retirement villa allows pets. Some villas put restrictions on the type of pets that are allowed. For example, they might restrict certain breeds or certain sizes of dogs.
Although living in a retirement villa may be just what you need to enjoy the rest of your retirement, it's vital that you choose the right villa. There are many options that you can choose from. Take a look at whether each villa can offer you the life that you want.