Empty-nesters, typically referring to couples whose children have grown up and moved out, often find themselves faced with a significant life transition. With newfound freedom and fewer responsibilities, many empty-nesters choose to downsize and explore new property options that better suit their evolving lifestyle.
For those seeking convenience, low maintenance, and a lock-up-and-go lifestyle, apartments and townhouses are popular choices. The Western Cape property market offers a plethora of options from luxurious waterfront apartments to stylish urban townhouses, with many providing excellent security features and amenities like communal gardens, gyms, and swimming pools, allowing residents to enjoy a hassle-free lifestyle while maintaining an active social life.
Situated in a secure development just 500m from the famous Long Beach, Village Lane offers a unique coastal living lifestyle from R2 995 000. View living options here, here and here.
Downsizing is common for empty-nesters looking to reduce the burden of maintaining a large property by moving to smaller homes, like cottages and modern compact houses in security estates, which often feature well-designed living spaces, smaller gardens, and efficient layouts that maximise comfort and minimise maintenance. Retirement estates have also gained popularity among empty-nesters seeking an active community and an array of amenities tailored to their needs. These estates typically offer secure environments, communal facilities, healthcare services, and social activities.
Riverside Village is a secure and vibrant community with breathtaking natural surroundings. This Plot-and-Plan development offers four incredible ownership opportunities with prices starting at just R3 145 000. View here.
For those empty-nesters who yearn for a change of scenery and seek tranquillity, the Western Cape boasts breathtaking coastal and countryside properties from scenic coastal towns like Hermanus, Knysna, and Plettenberg Bay to picturesque countryside areas like Franschhoek and Stellenbosch. By carefully considering their preferences, priorities, and budget, empty-nesters can find the perfect property and make the most of their empty-nest phase.
This charming two-bedroomed freehold is located in the tranquil and sought-after neighbourhood of Onrus in Hermanus, and is perfect for those seeking a peaceful, coastal lifestyle. View here.
When exploring property options, it's crucial to consider a few key factors. Firstly, location plays a significant role in determining the lifestyle and amenities available. Secondly, empty-nesters should assess their financial situation and establish a realistic budget. Downsizing often comes with financial benefits, such as reduced utility costs, lower maintenance expenses, and potential equity release from selling a larger property. Understanding their financial goals and limitations will assist them in making informed decisions about their property choices.
Lastly, consulting with a reputable real estate company like Greeff Christie’s that specialises in the Western Cape market can provide invaluable guidance. Our area specialists possess extensive knowledge of the local property market, trends, and legalities, and can assist empty-nesters in finding suitable properties, negotiating prices, and navigating the buying, selling or renting process. Speaking to a Greeff Christie’s agent and exploring houses on show or attending property viewings will help empty-nesters gather the information they need to make a well-informed decision that suits their new lifestyle.