It might be terrifying or it could be comforting … depending upon your circumstances … but Napier Retirement Village believes it’s best to know what the real costs of retirement are on a monthly basis because if you don’t know, it would be impossible to consider what you want and to then plan how you can have it.
So, for those who have always dreamt of retiring to the country but have been unsure of what this would cost, here’s a schedule of what’s on offer at Napier Retirement Village.
Napier Retirement Village offers various living options: free-standing Cape vernacular styled country cottages for independent living start from R699 800, Terraced houses with north facing country views begin at R599 000 and courtyard units start at R399 000 for people who want a more manageable environment. The table below illustrates the monthly levies and other costs residents at Napier Retirement Village would need to pay, depending upon the type of unit they choose. The only other costs would then be living expenses, medical contributions, personal insurance, electricity, meals and laundry.
| LEVY PER UNIT TYPE | |||||
| COST | 2 Bedroom Cottage | 1 Bedroom Cottage | 2 Bedroom Terrace | 1 Bedroom Terrace | Courtyard Unit |
| Village Levy | R 1 651.00 | R 1 412.00 | R 1 425.00 | R 1 369.00 | R 1 313.00 |
| Municipal levy | R 505.43 | R 245.63 | R 259.80 | R 198.40 | R 136.99 |
| Basic Caring service | R 170.00 | R 170.00 | R 170.00 | R 170.00 | R 170.00 |
| Total | R 2 326.43 | R 1 827.63 | R 1 854.80 | R 1 737.40 | R 1 619.99 |
For more info on Napier Retirement Village, click on the Napier Retirement Village link.
Article prepared for Senior Service by Wired Communications