As we plan for retirement, the biggest decision we’re likely to face is in finding the most appropriate living arrangements to suit our needs. The key question is how can we ensure comfort, convenience, and a fulfilling lifestyle – all in one package?
When it comes to combining the three, there are two property-types that tend to hold a certain appeal: retirement apartments and retirement bungalows. Both offer distinct advantages, but knowing how to decide between the two can be tricky. In this article, we’ll explore their differences and help you make an informed decision for your own retirement.
What is a retirement apartment?
A retirement apartment is a purpose-built home within a larger complex that will usually have been designed specifically for retirees. These apartments are often situated in retirement villages or communities and offer residents access to a range of shared amenities and services.
What is a retirement bungalow?
Retirement bungalows are standalone, single-story homes that offer a more private living experience. As with apartments, these are often found within retirement villages, but bungalows differ in that they cater more for individuals who prefer a bit more space and solitude while still being part of a larger community.
Community living in apartments
One of the biggest advantages of retirement apartments is undoubtedly their sense of community. Living within a larger complex means more opportunities for social interaction, with communal areas, organised events, and shared facilities encouraging residents to engage together as much or as little as they choose.
Social opportunities in retirement apartments
While retirement villages with bungalows can still offer a community feel, the level of interaction will generally be a lot less. The more private, secluded nature of a bungalow can appeal to those who value their independence and prefer a quieter lifestyle. However, this might mean fewer spontaneous social interactions compared to living in an apartment complex.
Ease of maintenance in retirement apartments
Maintenance is often easier and more straightforward in retirement apartments. At Santhem Residences, for example, we offer a range of services that can take care of the day-to-day upkeep of your home. This can include everything from gardening and repairs all the way through to hanging up pictures, allowing you to enjoy your retirement without the hassle of maintaining a property.
Upkeep in retirement bungalows
While many retirement villages with bungalows offer maintenance services, you may still find yourself responsible for some aspects of upkeep. This can be a drawback if you prefer a completely hands-off approach. However, for those who enjoy gardening or DIY tasks, a retirement bungalow might provide the perfect balance of independence and manageable responsibility.
Security features in retirement apartments
With features like secure entry systems, on-site staff, and emergency response services, residents can feel secure knowing their safety is a top priority within a retirement apartment complex.
Safety considerations for retirement bungalows
Retirement bungalows for over 55s also prioritise safety, but the level of security can vary depending on the village. While many offer gated communities and on-site security, the more private nature of a bungalow means you may want to consider additional safety measures, such as installing alarms.
Convenience of amenities in retirement apartments
Retirement apartments typically come with easy access to a wide range of amenities, from fitness centres to dining options, all within the same complex.
Access to amenities in retirement bungalows
While retirement villages with bungalows often offer similar amenities, they tend to be more spread out across the village, requiring a bit more travel to access them. This can be less convenient, especially if mobility is an issue. However, some may appreciate the exercise and opportunity to enjoy the outdoors as they move between amenities.
Financial factors in retirement apartments
Generally, retirement apartments can be more cost-effective when considering the range of services and amenities included in the overall price. This is partially because they require less maintenance and upkeep, with lower overall running costs.
Making your decision
Choosing between a retirement apartment and a retirement bungalow ultimately comes down to your personal preferences and lifestyle. If you value community, convenience, and low-maintenance living, a retirement apartment like those at Santhem Residences may the ideal choice. On the other hand, if privacy and a more independent lifestyle are your priorities, a retirement bungalow might be more appealing.
Regardless of your choice, both options can offer a fulfilling and enriching retirement experience. If you’re unsure which is right for you, we recommend booking a visit and exploring what our luxury retirement village can offer in person. Our team will be more than happy to show you around and provide a taster of the golden years to come. Give our friendly team a call today.