Category Archives: international

International Living’s 10 Best Places To Retire Around The World In 2017

International Living’s 10 Best Places To Retire Around The World In 2017

Next Avenue

Contributor Business

Photo credit: Shutterstock

There’s a new best country in the world to retire, according to the experts at International Living (IL), an authority on global retirement and relocation opportunities. In its Annual Global Retirement Index, the new best country has edged out last year’s No.

CoolR / Shutterstock

10. Malta

This small, historic European nation is beautiful and extraordinary. It’s actually a chain of islands between Sicily and North Africa.

International Living says retirees can expect 300 days of sun, mild winter, a laidback atmosphere and a large, welcoming international, English-speaking community.

The cost of living is higher than others on IL’s list, though: A couple can live comfortable for less than $2,700 a month and rent a two-bedroom in Sliema, one of Malta’s liveliest cities, for about $800 a month, says IL correspondent Barbara Diggs.

Health care here is excellent and a bargain: a GP visit costs around $20; a specialist may run $65.

And if you’re craving to visit Paris, IL editors say, you can hop an Air Malta flight — a roundtrip costs as little as $175.


Sergio Stakhnyk / Shutterstock

9. Portugal

Spain’s neighbor to the west, Portugal attracts retirees due to its low cost of living, mild climate, Atlantic Ocean beaches and the fact that many locals speak English. But International Living says the country’s lifestyle is, in many ways, classic Mediterranean.

The Lisbon area is a favorite with expats, say IL editors. So is the nation’s second largest city, Porto — best for those who prefer cool weather.

The Algarve region, which frequently appears on Best Places to Retire lists, is known for its golf courses, beaches and British expats.

read more »

Mexico Developers Selling Cheaper Alternative to U.S. Luxury Senior Housing

 

Mexico Developers Selling Cheaper Alternative to U.S. Luxury Senior Housing
Jason Oliva-August 25, 2014

download (1)

Mexico Developers Selling Cheaper Alternative to U.S. Luxury Senior Housing.

A popular tourist spot, beachfront real estate and a newly converted resort hotel adds up to what developers say will give luxury senior housing in the U.S. a run for its money south of the border.

Those are the ingredients for Front Beach Retirement Mexico, a Mexican development company that sees opportunity in targeting American and Canadian seniors looking to retire in Mexico, particularly the widely popular tourist town of Puerto Vallarta.

Through an agreement with the Las Palmas Hotel, Puerto Vallarta-based Front Beach Retirement converted the 225 rooms of the all-inclusive hotel into an independent and assisted living community, Front Beach Puerto Vallarta.

“We’re offering a buffet-style of living,” says Front Beach Retirement and Mexico Assisted Living Marketing Director Joshua Ketner. “Rather than convert rooms into apartments, we left them at resort-style living.”

Though the company declined to disclose costs associated with the senior housing transformation, Ketner—who previously worked for A Place for Mom and as a caregiver at Aegis Living—told SHN that the overall spending on the conversion was minimal, as many of the rooms and accessibility features, such as hand rails, were already in place. The main cost, he says, was to convert a room into a doctor’s office.

download

Mexico Developers Selling Cheaper Alternative to U.S. Luxury Senior Housing.

The community embraces its hospitality roots, offering amenities like housekeeping services, two swimming pools, various dining venues, large common areas, direct beach access, a Tiki Bar and Internet accessibility.

Where the campus caters to its senior clientele becomes apparent with medical alert systems in every room, daily activities programming, transportation to medical appointments, wheelchair accessibility and 24-hour care provided by on-site nurses as caregivers and a resident physician who also lives within the community.

Aside from the seaside real estate and all the resort-style amenities included, the biggest draws for the Puerto Vallarta community are its lower price points on monthly rent and healthcare, says Ketner.

For $3,000 a month, residents at the Puerto Vallarta community can enjoy rooms with panoramic views of the Pacific Ocean, as well as utilities such as air conditioning, electricity and water that are included in the rent. For double occupancy rooms, the monthly rent is $4,600.

tiki-to-pool_Mexico-Assisted-Living-e1409005204220

Mexico Developers Selling Cheaper Alternative to U.S. Luxury Senior Housing.

In the U.S., the costs for assisted living are considerably more expensive at $3,500 per month, according to the 2014 Genworth Cost of Care Survey. While this figure signals a 1.45% increase in the last year, costs for assisted living have grown 4.29% annually on a five-year basis—the highest of all long-term care settings recorded by Genworth.

A unique feature of the community is that it doesn’t restrict its age-50 and up cliente to a one-month stay minimum.

In another attempt to target those “snowbird” vacationers heading for warmer weather during their retirement years, Front Beach also offers one-week stays at $780 for single occupancy and $1,100 for doubles. Additionally, a two-week stay runs $1,509 for a single and $2,140 for a double room.

Still in its early stages of operations, with a grand opening slated in the next couple of weeks, Front Beach Puerto Vallarta has seen about 10 leads looking to move in come September so far.

“There’s quite the misconception of Mexico, but the economy is growing and there is a large middle class here,” says Ketner. “It’ll just take more time getting people accustomed to the idea, and us a few months to figure out what our niches are.”

http://seniorhousingnews.com/2014/08/25/mexico-developers-selling-cheaper-alternative-u-s-luxury-senior-housing/

Written by Jason Oliva

 

——-

Read more about the Baja style of living: http://www.bajarealestategroup.net/