Estate Living Magazine Issue 30 Smart Environments June 2018 | Page 59

Unique position or service offering If it is the case that you invest in a city with lots of competition, you should choose a property that has a unique appeal. This could be the additional on-site amenities, the build quality, the historical aspect of the building, or location. ‘Often our retirement home investment opportunities are refurbishments of Grade II listed buildings, and their historical heritage really appeals to the elderly generation. Our investments also include luxury amenities such as spa and beauty treatment centres, cinema rooms and fine dining experiences,’ says One Touch Property’s investment director. Sustainability of investment Once you have done your due diligence, and have selected an investment in an area where there is an undersupply, it is time to start considering the longevity of the investment. You don’t want to pick an investment with a limited market. The benefits of investing in retirement homes in the UK is that Britain has an ageing population, and for the foreseeable future it is only going to get older. Last year the average age in Britain increased to 40, and the number of over 75s is meant to almost double to 10 million by 2040, according to the Office for National Statistics. This generation is also as wealthy as it has ever been, with Knight Frank, a real estate consultancy, estimating that over 60s in England alone have over £1,200 billion in unmortgaged housing wealth, which means they are in a good place to afford the fees associated with luxury living. Contact One Touch Property today to learn more about UK retirement home investments and receive more UK property investment advice. Tel: 010 300 1200 E-mail: enquire@onetouchinvestment.co.uk www.onetouchinvestment.co.uk UK Property Investment Advice Invest from ZAR950 000 One-to-One Consultation 17th - 27th July 2018 Register Today! www.estate-living.co.za | 57