Opinion: Lifestyle villages charge exorbitant rents

Lifestyle villages charge exorbitant rents
Lifestyle villages charge exorbitant rents

BEWARE anybody thinking of moving into a lifestyle village.

They are not what they seem. Monthly rents are exorbitant for the amenities promised.

What the powers that be forget to point out in their sales promotions is the selling price exit fee of up to 15 per cent.

That is six times more than a real estate agent.

Included in the monthly rental is the maintenance of all common areas and the front garden of your home – this does not always happen.

Name and address withheld.