How important is the location of a property in old age?

As we get older, short distances become increasingly important. You should bear this in mind when purchasing a property in which you intend to spend your retirement. A spacious villa district in the countryside may seem appealing, but are doctors and shopping facilities within easy reach? Read here to find out what you should definitely look out for when it comes to location.

Doctor

When minor ailments become more frequent, it is important to consult a competent physician. However, how can one find the right specialist in their area? The first point of contact when searching for a physician is ideally the medical association or health insurance association in your region. Most states already have an online doctor search function, and you can also get advice over the phone. The associations provide reliable information about a doctor's professional qualifications and other details such as consultation hours, quality-assured additional services, and other doctors practicing in the same practice.

Hospitals

Being prepared for emergencies is a good idea at any age. However, this becomes increasingly important in retirement. What if you fall down the stairs? It is always good to have a hospital nearby. This ensures that an ambulance can get there quickly and you can receive prompt medical attention. It is also a great advantage for your partner, who does not have to travel a long way to visit you in the hospital.

Supermarkets

As we get older, walking becomes increasingly difficult and driving is no longer as much fun as it was when we were younger. Therefore, when choosing a place to live, you should make sure that food can be easily obtained on foot. Find out in advance whether there are supermarkets, smaller grocery stores, or other shops that you need to visit frequently in the immediate vicinity of your new home.

Family

The distance to family is another important factor when it comes to living in old age. After all, family is not only an important part of your social life, but also a great help in old age. If you ever need help or care, it would be ideal if your family could drop by at short notice and assist you. In addition, if you live close to your family, you have the opportunity to watch your grandchildren grow up and be there for them. As we all know, this is the best anti-aging remedy there is.

Are you wondering how the location affects the value of your property? Contact us! We will be happy to advise you.

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Legal notice: This article does not constitute tax or legal advice in individual cases. Please consult a lawyer and/or tax advisor to clarify the facts of your specific case.

Photo: © magurok5/Depositphotos.com

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