{"id":799243,"date":"2024-11-12T10:49:40","date_gmt":"2024-11-12T08:49:40","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=799243"},"modified":"2024-11-12T10:49:45","modified_gmt":"2024-11-12T08:49:45","slug":"evergreens-fixed-levies-for-life-the-ultimate-in-financial-peace-of-mind","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/799243\/evergreens-fixed-levies-for-life-the-ultimate-in-financial-peace-of-mind\/","title":{"rendered":"Evergreen\u2019s fixed levies for life: The ultimate in financial peace-of-mind"},"content":{"rendered":"\n<p>The South African economy has been facing intense pressure, with inflation, interest rates, and the cost of living at an all-time high. This has placed a heavy financial burden on retirees, particularly those living on fixed annuity incomes, and modest pensions.<\/p>\n\n\n\n<p>To ease this burden, Evergreen Lifestyle has introduced <em>Fixed Levies for Life<\/em> at its newest retirement village in Sitari Country Estate, outside Somerset West.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.evergreenlifestyle.co.za\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=November+2024\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Click here to learn more about Evergreen Lifestyle.<\/strong><\/a><\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115550.818-1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115550.818-1-1024x683.png\" alt=\"\" class=\"wp-image-799279\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115550.818-1-1024x683.png 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115550.818-1-300x200.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115550.818-1-768x512.png 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115550.818-1.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Artist\u2019s impression of the completed development.<\/figcaption><\/figure>\n\n\n\n<p>\u201cThe prospect of unpredictable, escalating expenses later in life is understandably daunting for those with limited disposable income or insufficient retirement savings,\u201d says Phil Wilson, Sales Director for Evergreen Lifestyle. \u201cFor many retirees, rising annual levies, inflation-linked adjustments, and special levies can make the difference between staying afloat or going under, which is why we\u2019ve set out to reduce financial uncertainty by fixing as many of our costs, as possible.\u201d<\/p>\n\n\n\n<p>With <em>Fixed Levies for Life<\/em> at Evergreen Sitari, residents can be assured that the levy they pay when they move in is the same amount they\u2019ll pay as long as they remain in the village. This fixed rate enables them to budget confidently for the future and enjoy meaningful savings over time.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115741.006-1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115741.006-1-1024x683.png\" alt=\"\" class=\"wp-image-799280\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115741.006-1-1024x683.png 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115741.006-1-300x200.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115741.006-1-768x512.png 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115741.006-1.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>Over and above <em>Fixed Levies for Life<\/em>, residents at Evergreen Sitari also benefit from knowing, from the outset, exactly what their capital return, sales commission, and refurbishment costs will be. With complete transparency, there\u2019s no guesswork and no surprises on termination of their Life Right.<\/p>\n\n\n\n<p>Aside from living costs, the only variable expenses at Evergreen Sitari are for municipal services like rates, water, and electricity \u2013 and even here, Evergreen has kept costs to a minimum by designing fit-for-purpose homes that deliver comfort, convenience, and cost efficiency while reducing utility costs through energy-saving appliances and lighting.&nbsp;<\/p>\n\n\n\n<p>This innovative approach aligns with the international concept of \u201chotelification\u201d in retirement, which prioritises beautifully designed communal spaces and high-quality recreational, leisure, and outdoor facilities that bring residents together in a vibrant, social environment.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115703.343-1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115703.343-1-1024x683.png\" alt=\"\" class=\"wp-image-799281\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115703.343-1-1024x683.png 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115703.343-1-300x200.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115703.343-1-768x512.png 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115703.343-1.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>Evergreen\u2019s commitment to making retirement more affordable to a wider sector of the population is further strengthened through their <em>Flexible Pricing<\/em> model, which offers up to 20% off the purchase price along with a corresponding adjustment to the capital returned on termination of the Life Right.<\/p>\n\n\n\n<p>\u201cThe combination of <em>Flexible Pricing<\/em> and <em>Fixed Levies for Life<\/em> at Evergreen Sitari makes for a highly compelling value proposition,\u201d says Wilson. \u201cTo put things into perspective, one can acquire a 1- bedroom apartment with a list price of R1.1m for just R880,000, with a fixed monthly levy of R2,500 providing that the purchaser is aged 70+.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115809.885-2.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115809.885-2-1024x683.png\" alt=\"\" class=\"wp-image-799282\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115809.885-2-1024x683.png 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115809.885-2-300x200.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115809.885-2-768x512.png 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115809.885-2.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>Evergreen\u2019s suite of cost-saving innovations also includes <em>Rent-to-Own<\/em>, <em>Move-in-Tomorrow<\/em>, and <em>Try-before-you-Buy. <\/em>These are made possible through the Group\u2019s prudent financial management, proven track record, strong balance sheet built up over 16 years, and sound shareholder backing.<\/p>\n\n\n\n<p>\u201cAt Evergreen, we believe that a happy, healthy, and financially secure retirement shouldn\u2019t be reserved for the super-rich\u201d Wilson concludes. \u201cEveryone deserves to enjoy their golden years free from stress, which is why delivering financial peace-of-mind lies at the heart of everything we do. When you buy into an Evergreen village, you get both a home &#8211; and a partner &#8211; for life.\u201d<\/p>\n\n\n\n<p>To book a private viewing \u2013 either for yourself or for your parents \u2013 please contact Lindsay Michael on 087&nbsp;808-7000, email <strong><a href=\"mailto:lindsaym@evergreenlifestyle.co.za\" target=\"_blank\" rel=\"noreferrer noopener\">lindsaym@evergreenlifestyle.co.za<\/a> <\/strong>or visit <a href=\"https:\/\/www.evergreenlifestyle.co.za\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=November+2024\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>www.evergreenlifestyle.co.za<\/strong><\/a><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115630.071-1.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115630.071-1-1024x683.png\" alt=\"\" class=\"wp-image-799283\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115630.071-1-1024x683.png 1024w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115630.071-1-300x200.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115630.071-1-768x512.png 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/11\/Untitled-design-2024-11-11T115630.071-1.png 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">About Evergreen Lifestyle<\/h2>\n\n\n\n<p>Founded in Cape Town in 2008, <a href=\"https:\/\/www.evergreenlifestyle.co.za\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=November+2024\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Evergreen Lifestyle<\/strong><\/a> is recognized as South Africa\u2019s leading provider of retirement accommodation. With a vision to reshape the retirement landscape, Evergreen offers a <em>Partnership for Life<\/em> based on five key pillars: Safety &amp; Security, Financial Peace-of-Mind, Continuous Care, Exceptional Hospitality, and a Sense of Community. The Group currently operates eight villages across the Western Cape and Gauteng, with plans to expand into the Eastern Cape and KwaZulu-Natal.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.evergreenlifestyle.co.za\/?utm_source=BusinessTech&amp;utm_medium=Article&amp;utm_term=November+2024\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Click here to learn more about Evergreen Lifestyle.<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The South African economy has been facing intense pressure, with inflation, interest rates, and the cost of living at an all-time high.<\/p>\n","protected":false},"author":57,"featured_media":799278,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[12061,20959],"class_list":["post-799243","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-evergreen-lifestyle","tag-evergreen-sitari"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/799243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=799243"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/799243\/revisions"}],"predecessor-version":[{"id":799348,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/799243\/revisions\/799348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/799278"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=799243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=799243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=799243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}