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Search Results for "Arrowtown Lifestyle Village"

Retirement villages
What is the best retirement village for my lifestyle?

When looking to a move to a retirement village, it’s important to consider how your new surroundings will suit your lifestyle. Here are a few questions to ask yourself when making your shortlist: Village life Is it easy for loved ones to visit? Can your friends/whānau (such as grandchildren) stay?...

Retirement villages
Is a villa in a retirement village the right option for me?

There is a range of different accommodation options to choose from in retirement villages across New Zealand. A popular choice for many people is a villa. A villa is a good option for people wanting to maximise space. Villas are commonly free standing and offer a modern open plan kitchen,...

Home & community
What are some alternatives to retirement village living?

‘Buying’ into a retirement village can be a great option for those who are wanting to maintain their independence while living among a like-minded community. Yet it’s not the only choice – there are myriad other living options to suit all lifestyles. Staying where you are There is benefit in...

Retirement villages
Find information about moving into a retirement village

Considering making a move to a retirement village? Our resource Retirementvillages.co.nz is New Zealand’s most comprehensive guide to retirement villages, and showcases every retirement village in New Zealand. It hosts the country’s largest selection of properties for sale, with more than 500 properties currently listed. Search available properties across every...

Retirement villages
What to weigh-up if considering a retirement village?

Before you get your heart set on any particular village or unit, spend plenty of time asking around (including asking friends who have done their own homework or who have perhaps moved into a village) and studying your options. Examine all the legal and financial arrangements of each of the...

Retirement villages
Looking for a retirement village property? Consider this

Retirement villages in New Zealand offer a wide range of accommodation options, including villas, townhouses, apartments, and studios. Remember – this is your home, so whichever you choice it has to suit your lifestyle. Here are some questions to ask any potential retirement: Your dwelling Does the size/layout of the...

Retirement villages
Mythbusting - Retirement Villages are a rip off

You might have heard that people lose a lot of money when they move into a Retirement Village, or that entering a village is a ‘rip off’. We have found that people that make those kinds of statements usually do not understand how the unique financial agreements work when entering...

Home & community
Considering downsizing?

Consider the following: lots of your friends are downsizing and your children think it would be a good thing to do, but you're undecided. What are your options and what do you need to consider? Downsizing usually means moving house, and regardless of age is a challenging time. There are...

Home & community
Are there rental options for older people in New Zealand?

Home ownership in New Zealand has been declining for the past 30 years, a fact that has been exacerbated more recently by rising inflation and the increased cost of living. As a result, an increasing number of older people rent. While there are a variety of rental options that may...

Retirement villages
What is the best village to choose?

With more than 400 Retirement Villages in New Zealand, there is plenty of choice when it comes to where to live. Villages vary greatly – in size, location, on-site offerings, ownership, philosophy and of course price – so it comes down to choosing the village that best suits your needs....

Retirement villages
Will I have to pay if I move within a village?

Each move within a village incurs a cost. If moving between independent accommodation types (such as downsizing to a smaller unit), you will pay a ‘transfer fee.’ This is generally charged at a fixed percentage of the original license fee (which can range from 2 – 15%). You won’t have...

Retirement villages
What are the costs of entering a village?

Depending on where you want to live in New Zealand, the cost of ‘buying’ into a village can vary greatly – some units can be priced in the $100,000s while others are in multi-millions. This ‘purchase’ price is known as the Capital Contribution Every retirement village unit listed on retirementvillages.co.nz...

Retirement villages
What costs will I still need to pay once I enter a village?

You are responsible for paying for your personal costs, such as personal contents insurance, internal maintenance to your dwelling, power, phone and paid television/streaming services. You may also find that some activities/outings incur additional costs too. The majority of retirement villages in New Zealand also charge weekly fees, which covers...

Retirement villages
Follow the retirement village journey

The following example shows how the Deferred Management Fee (DMF) is worked out in New Zealand and how it affects the final payout. Example – Mr C Mr C chose a unit in a village near to his old home. He did his homework which included: Using the village checklist...

Retirement villages
Leaving a retirement village

LEAVING THE VILLAGE It is important when you ENTER a retirement village in New Zealand that you know what to expect when you LEAVE a village: Do you understand what the Deferred Management Fee (DMF) is and how this will influence the amount you receive once you sell your home?...

Retirement villages
Rates Rebate in a retirement village

Retirement village residents with a Licence to Occupy are eligible for the Government’s full Rates Rebate if they meet the income criteria. The new threshold amounts are set every year in mid-June. You will find more information on rates rebates in retirement villages in New Zealand here. An application for...

Retirement villages
What services and facilities do retirement villages offer?

Villages vary greatly – you’ll notice different-sized villages, from very few units to some with hundreds; different types of units within the same complex; newer villages and older villages. You will discover the community facilities can vary, with some villages offering a wide range such as a swimming pool, bowling...

Retirement villages
How can I leave a retirement village? Can I change my mind?

You have the right to leave a retirement village whenever you choose but you need to be aware that there are costs associated when you do. Learn more about the costs of exiting a village. Remember: even after you sign an ORA, you have a ’15-day ‘cooling off’ period during...

Retirement villages
What is the cost of leaving a village?

The major cost of leaving a village is the Deferred Management Fee (DMF) that is deducted from the original capital sum you paid when ‘purchasing’ into the village. It is to cover the cost of the management and refurbishment of the village (roading, footpaths, lighting, communal amenities etc). The industry...

Retirement villages
How do I choose the right village for me?

More than 45,000 people live in retirement villages throughout New Zealand and research suggest that most people enjoy a high level of satisfaction living in a village. Of course, it all comes down to choosing a village that is right for you. Make sure you visit a village more than...

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