In many ways, buying a retirement village unit is even more complicated than buying any other type of residential property.
There are different forms of legal title and occupancy rights available, there is the ongoing cost of services and maintenance of facilities in the village, and then what fees, charges or capital gain sharing may apply when the unit is sold again later on.
Different transaction costs may or may not apply to a purchase, such as stamp duty, lease...
Co-Founder Of SeniorsHousingOnline.com.au
Amanda is a Co-Founder and Co-CEO of Australia's leading retirement property portal, www.SeniorsHousingOnline.com.au. She was named in the Top 50 Women In Tech 2016 for Australia and New Zealand by Start Up Daily.