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Property Options at Albertville Living

Nestled in the west of Johannesburg, Albertville Living offers well-maintained, affordable homes in a connected, caring community. Choose between rental and purchase options, all within a space designed for security, dignity and ease — backed by TOTALCARE’s trusted services.

Albertville Living

Frequently Asked Questions – Albertville

1What is a Life Right?

A Life Right grants you the legal right to live in a property for the remainder of your life, without owning it outright. This provides long-term security without the financial responsibilities of full ownership, such as transfer duties, bond registration costs, or ongoing property maintenance.

Instead of purchasing the property, you pay a once-off Life Right investment. Upon passing or when the unit is no longer needed, the Life Right is returned to the estate, and a percentage of the original purchase price is refunded to your estate or nominated beneficiary. The refund percentage is determined by the agreement signed at the time of purchase.

Residents living under a Life Right have access to a full continuum of care, including Assisted Living and Frail Care services, ensuring that their healthcare needs are met as they evolve over time.

Life Rights cannot be sold or transferred. However, when a resident vacates the unit, the estate will manage the resale, and a portion of the original investment will be reimbursed to the resident’s estate or designated beneficiary.

1What does Albertville Living offer?

Albertville Living offers a secure and comfortable retirement community with a combination of Lifestyle Living, Assisted Living, and Frail Care services. Residents can enjoy independent living with the peace of mind that support services are available when needed. The village is designed to provide a safe and welcoming environment with modern facilities and a strong sense of community.

1Can I transition to Assisted Living or Frail Care if needed?

Yes, residents can seamlessly transition to Assisted Living or Frail Care should their healthcare needs change over time. Albertville Living is designed to support all stages of retirement, ensuring that residents receive appropriate care without the stress of relocating to another facility.

1What does the monthly levy cover?

The monthly levy covers essential services such as security, estate maintenance, access to communal facilities, and basic support services. This ensures a hassle-free living experience, where residents can focus on enjoying their retirement without worrying about everyday upkeep.

1 How do I purchase a Life Right at Albertville?

Purchasing a Life Right at Albertville is a simple process. Prospective residents need to complete an application, undergo a financial assessment, and sign a Life Right Agreement. Our team is available to guide you through each step and provide all necessary information to ensure a smooth and informed decision-making process.

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13 Plein St, Albertville, Randburg, 2195

Albertville Properties

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