Why You Should Buy Your Retirement Property Long Before Retirement

These days, more and more people are making moves to try and retire as young as possible. Retiring is all about living life on your terms in the home of your dreams.

But while your retirement is the perfect time for you to start checking off items on your bucket list, it may not be the best time to buy that dreamy retirement property.

Here are a few reasons why you should buy your retirement property as soon as possible, even if you plan on working a few more decades.

Always A Wise Investment

It’s no secret that real estate has been, and continues to be one of the wisest ways to invest your money and fortify your portfolio. With the costs of retirement on a steep and steady incline, you need to be both aggressive and smart about preparing for your own retirement. Purchasing real estate, whether it is to be used as your future retirement abode, or an investment property is a brilliant way of doing just that.

Pay It Off Early

Speaking of retirement costs, why not eliminate your monthly mortgage or rent expenses by purchasing your retirement dream home when you’re young? By eliminating that monthly expense before you retire, you will have hundreds or thousands of extra dollars left in your pocket to buy a boat, golf regularly, dine out, attend shows, or do whatever you love.

You'll Save Money On Vacations

If you are like most people, you dream of retiring in a tropical paradise like Port Charlotte, that will be far away from the harsh Winters of the North. If you plan ahead and buy that retirement property now, you can use it as a vacation rental to cover the carrying costs. Plus, you’ll be able to take your own vacations down there without having to pay for a hotel so escaping for a week or weekend will be cheap and easy.

What Type Of Property Should You Buy?

Whether you plan on buying a property out of state or close by, you’re going to want to make it as easy on yourself as possible. With that in mind, a new construction condo in a strategic location (like waterfront) is your best bet. Ultimately, a new construction condo will require the least amount of maintenance, pose the least amount of risk, and is highly likely to appreciate in value.

Interested In Buying A New Construction Condo In Paradise Before You Retire?

Just because you don’t plan on retiring in the immediate future, doesn’t mean you can’t buy your dream retirement home right now.

If you are like most people, you want to retire in a home that is equally beautiful, convenient, and luxurious; which is why a condo makes the perfect retirement property.

Especially if that condo is located in a tropical paradise like Port Charlotte, Florida. Currently, Port Charlotte is home to Harborside, one of Florida’s most desirable new luxury communities which is situated on its own private beach.

Not only is Harborside a stunning waterfront community, but it features a long list of modern amenities including a pool, spa, fitness facility, private beach, and dock so you can bring your boat. Plus, each of the condos and villas that are still available are competitively priced, making them attainable for millennials, snowbirds, and families!

Click here for more information about the new construction condos and villas still available in Harborside, or to schedule your private tour.