All Topics / Help Needed! / Retirement Villas

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  • Profile photo of cocksycocksy
    Participant
    @cocksy
    Join Date: 2005
    Post Count: 1

    Want to know if its worth investing in retirement villa’s they give a great return for initial outlay and are government subsidised. Is it a good investment with our aging population????

    mjc

    Profile photo of DerekDerek
    Member
    @derek
    Join Date: 2004
    Post Count: 3,544

    Make sure that you fully understand the terms and conditions of the managemement agreement and look for the outgoings which can be on the ‘high side’.

    Financing can be an issue and as such these types of properties can suck up more of your cash/equity than a standard lend. As such their long term prospects are questionnable due to potential financing issues

    Also recommend a search of the forum (top left under forum boards tag)for other discussion and comment.

    Derek
    [email protected]

    Property Investment Support Available.

Viewing 2 posts - 1 through 2 (of 2 total)

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