Retirement
communities are flourishing in many locations all over the country, most
significantly in the beach state of Florida. While many retirees have their
eyes on brand new retirement neighborhoods that are still in development, active senior communities in Florida continue
to attract the over 55 market. There are many affordable retirement communities in Florida that offer just the
right mix of location, community, properties, cost, and cost of living many
people look for in a second home locale. Below are some advantages
of established retirement communities over developing neighborhoods you should
consider when planning your retirement and second home investment in Florida:
- Active senior
communities in Florida that have been around for years will save you the
hassle and inconvenience of having new developments being built around
you. No one wants to spend their retirement days to the tune of construction
equipment and delivery trucks.
- There
is also less uncertainty about investing in a well-established retirement
community than placing your bet on developers who may not get enough sales
that they may choose to abandon the project halfway through, leaving your
supposed new community partially developed and stripped of all the
features you’ve been promised to have upon its completion.
- Established
retirement communities are also the most affordable retirement communities in Florida. When you choose to
invest in an established community, you never have to worry about price
instability, which is all too common in new developments. Established
communities see less home price fluctuations and adjustments and when they
do, prices don’t swing as far from the original offer as many new
developments do.
- Finally,
established retirement communities have mature landscaping, which means
more dense foliage to enjoy than new developments where parks, yards, and
lawns simply haven’t had enough time to grow just yet.
