Life Right Retirement Homes
Pricing…
Don’t delay: join the waiting list Today!
To purchase a Life Right in Peers Village, applicants have to be at least 65, but it’s never too early to get on to the waiting list . . .
A purchaser has the lifetime right to live in a cottage in return for the payment of an interest-free loan to the Peers Village Trust.
The person entering into this agreement has the right to occupy the cottage for his or her lifetime and that of the nominated occupant/life partner…
Waiting List
Sale of Life Right
This form of sale, termed a Life Right, is an accepted form of title in South Africa, recognised by The Housing Schemes for Retired Persons Act No 65 of 1988, as amended.
To join the waiting list, complete the downloadable application form and submit to , along with proof of payment of the R2 000 application fee. Banking details can be found on the application form.
Although the application fee is non-refundable, it is deducted from the purchase price of a Life Right. Receipt of completed application form and fee will be acknowledged as acceptance of waiting list procedures.
Levies
Living Expenses
- Levies are calculated at R 41.00/m², reviewed annually on September 1
– - Municipal rates are calculated at R5.22/m²
– - A minimum of 8 meals/resident/month are billed at R72/meal
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For further information, please contact the Peers Village sales agent, Lynda Murphy, at or 021 787 0200.
Management
Management Association
The Peers Village Management Association has a mandate to provide residential accommodation to senior citizens over the age of 65, or to persons who have retired through ill health or infirmity, in the retirement complex known as Peers Village, situated on Erf 16780, Fish Hoek.
Village management is overseen by a general manager in conjunction with a board consisting of five residents, elected by fellow residents.