Investing in Senior Living Development
Senior Living in South Africa
Senior Living in South Africa could be an attractive real estate sector for investors due to the number of people who might soon need it.
In 2022, the estimated population of South Africa included more than 5.6 million people aged 60 or older. This represents a 9.2% share of the overall South African population
South Africans are living longer and the over-60s are a growing market, Its over-60 population is expected to double by 2050 and comprise 15.4% of the total population, according to the World Health Organization.
This makes retirement development a “worthwhile long-term investment”
