The No- Hassle option - Choosing to purchase a Life Right home offers you a secure return on investment with the added benefit of not having to worry about:
Rates & Taxes: No municipal rates and taxes to pay.
Homeowners Building Insurance: Covered under your levy.
External Home Maintenance: Included in your levy.
Safety and Security: Provided as part of the community's features.
Access to On-Site Health Care Services and Facilities: Ensuring peace of mind
In Phase 6, we offer a variety of design choices tailored to suit your unique lifestyle. You have the freedom to make necessary changes and decide on your interior preferences, ensuring your home is a perfect fit for you.
Our professional and experienced team will support you throughout the entire process, providing peace of
mind and a sense of freedom. We are committed to delivering a home that stands unparalleled in quality and design.
In response to the load shedding challenges we face in the country, each home will now come equipped with a standard fully installed 3KW inverter with a lithium battery. This setup includes provisions for adding solar power if you wish.
For those interested in more power, upgrading to a 5KW inverter can be arranged for a nominal fee. We are here to ensure your home is energy-efficient and future-ready.
What is Life Right Ownership
The Somerset’s Life Right Ownership offers a flexible range of pricing and contracts which allows for a capital contribution that suits you. Life Right Ownership is a very widely practised form of retirement home sales worldwide.
There are NO TRANSFER costs attached to a Life Right purchase as there is no transfer of property taking place and the Life Right purchaser is not liable to pay rates and taxes to the municipality.
Consequently, there is no Value Added Tax (VAT) on your Life Right purchase.
Buyers are protected under the terms of the Housing Development Schemes for Retired Persons Act. Therefore, buyers have the security of knowing that their right to occupation is protected by law.
At the time of sale, all levies must be contractually fixed for the first year and estimated for the following two years.
Included in your levy is the external maintenance of your home, building house insurance and rates.
In addition, the Life Right property owner is the Cape Peninsula Organisation for the Aged (CPOA), a non-profit organisation with a 70-year track record in caring for the aged.
Schedule Your Visit Today
It's the perfect time to come and select the prime site that best suits your needs and requirements
Please note, the photographs included in our advertisement depict similar properties to showcase design possibilities.
To explore this unique opportunity further or to schedule a site visit, please contact us.
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