A NEW BEGINNING AT NAUTILUS LIFESTYLE VILLAGE

A NEW BEGINNING AT NAUTILUS LIFESTYLE VILLAGE

Written by Ben Smit

Struisbaai is fast gaining popularity with people "semi-grating" and/or retiring to this coastal town from as far afield as Gauteng, North West and even Limpopo province, looking for the peace and tranquillity this coastal paradise offers. Visitors to Struisbaai can now visit the show house right opposite the main beach. Nautilus Lifestyle Village is conveniently situated in close proximity to all amenities to ensure ease of travel around the centre of Struisbaai and surrounding areas. Nautilus Village is 250m from the beach at the Sea Shack Restaurant, as well as being a short walk along the boardwalk from the harbour and Catch & Cook Restaurant.

Starting from the Blue Flag beach, beautiful walks can be enjoyed along the longest uninterrupted beach in the southern hemisphere (14km), stretching all the way to Otter Beach in Arniston/Waenhuiskrans. Doctors' rooms, Struisbaai pharmacy, the OK grocery store, and various other eateries (Tolbos, Cape Trading Post and Fish and More), are all within easy walking distance from the village. L'Agulhas and the L'Agulhas Lighthouse is a mere 5km away, where the quaint atmosphere invites tourists to sample the range of cuisine on offer or simply stroll along the main road, taking in the art, wine and other shops that adorn the main strip. Travel a little further and the hidden gem that is Suiderstrand emerges, leading on to a fynbos paradise in the stunning 210 sq/km L'Agulhas National Park.

Nautilus Lifestyle Village is based on the life right model which is the most popular way to retire stress free globally, and has been employed successfully in South Africa for over twenty years. The life rights proposition is a well-established concept, contained in the Housing Development Schemes for Retired Persons Act No 65 of 1988 (HRP Act), which provides safeguards for both the purchaser and the developer. The life right model offers purchasers peace of mind in the knowledge that the developer is there for the long haul providing the skills and expertise required to effectively run and maintain all aspects of the retirement village. Life expectancy worldwide is on the rise and increased longevity could create a scenario where your retirement savings may not be enough to support you into old age. You don't want to have to worry about outliving your savings and with a life right your lifelong tenure in your unit is secure. As the name suggests, a Life Right in a retirement village guarantees a safe, secure home for the rest of your life. It also means transparency when it comes to levies. These have to be fixed for the first two years to avoid any surprises which often happens with sectional title developments.

When you purchase a Life Right, you're investing in a stress-free retirement lifestyle and a well-maintained environment. The developers, as long term owners of the village, have a vested interest in the good governance of the village and well-being of residents and will ensure administration, management and maintenance of the village is of the highest standard. You're free to focus on enjoying life without the admin and maintenance headaches that come with owning a property outright.

Life Right developments also typically offer additional benefits like on-site medical care as well as social activities and events. We are very excited to announce that Nautilus Lifestyle Village will have a Frail and Midcare facility which is a big

advantage when choosing a retirement destination. This will be a first for Struisbaai, and we hope this will add to the late life quality of our residents. Home based care will also be an option with an on-site nurse and medical rooms. The Life Right model also gives a certain degree of flexibility when it comes to the pricing and choosing of finishes and other interior elements. Also, a Life Right means you're not liable for costs like transfer duty, VAT or capital gains tax, which could make a huge difference to your available funds. Perhaps most importantly, the developers can keep the price of Life Rights sales lower than sectional title as they can make their profits over a longer term as owner, when they resell a property that becomes available later on.

We look forward to welcoming you to a safe, stress free, fun and enjoyable retirement in beautiful Struisbaai, so please do not hesitate to contact us for an appointment.