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Questions and Answers:

Why is the Jacobsbaai Village such an exceptional investment opportunity?

Until recently the financial care of inhabitants of retirement villages have been completely neglected by these security villages. The current South African situation highlights the importance of financial care of retired individuals. Retirees' ability to improve their financial situation decreases as time goes by. Research indicates that inhabitants of retirement villages are not able to afford to continue living in their retirement homes after a number of years due to rising cost of living. As antipode to such occurances every inhabitant of the Jacobsbaai Village will receive a cash income at the end of the month. The monthly income will be rent based and as a result will be likely to grow at a greater pace than will costs, which are inflation based. The longer every inhabitant lives in his/her home, the greater the income he/she will receive in order to protect him/her against the inflation bug.

How is the monthly income generated?

The funds, which will be distributed monthly to every inhabitant of the Jacobsbaai Village, will originate from a central fund. 100% of the income of this fund will be divided on a fixed pattern. The inhabitants of the village will be involved in the decision making of how the investment fund will be appropriated. By making use of their experience in such a way, the enormous amount of knowledge locked within the ranks of this group of retirees is effectively employed.

What is occupation right?

Occupation right of a unit entails the exclusive use of the specific house and erf by the individual purchasing the occupation right as well as by his/her spouse until such a time as the individual decides to sell his/her right.

How can occupation right be ended?

Occupation right is ended when both the purchaser and his/her surviving spouse passes away or when he/she decides to sell his/her right.

What happens when occupation right comes to an end?

At the time when the occupation right comes to an end either the purchaser or his/her spouse receives the portion of the selling price generated up to the amount initially paid, as well as 50% of the increased value thereof.

Is it possible to acquire a unit in the Jacobsbaai Village on someone else's behalf?

A unit can be purchased in the Jacobsbaai Village on behalf of someone else in the event that the transaction take place in the name of this individual, seeing as the occupation right of the unit is linked to the person who inhabits the unit.

Is it possible to lease a unit in the Jacobsbaai Village?

A unit can be leased in the Jacobsbaai Village, but the lease will be subject to the consent of and conditions stipulated by the Jacobsbaai Management Association.

When will the building and development of the Jacobsbaai Village be completed?

Despite the fact that the original plan was to build and sell phases 1 to 5 of the Jacobsbaai Village within a period of 5 years, the actual developement of the Jacobsbaai Village will ultimately depend upon demand.

What is included in the future adminitrative buildings of the the Jacosbaai Village?

The following facilities will be included in the future administrative buildings of the Jacobsbaai Village: a kitchen, dining and bar facilites, reception services, a library and possibly a bowling-green, should the inhabitants decide as such.

Is it possible to work in one’s own garden?

Every inhabitant has the choice either to work in his/her own garden or to make use of garden services at an extra cost.

What is the proximity of the Jacosbaai Village to existing amenities?

The village is located within easy walking distance of the local restaurant, Die Weskusplek. It is 14km from the clinic in Vredenburg, 12km from the new shopping mall which is being built on the outskirts of Vredenburg, 6km from the Saldanha gholf course and 14km from the course at Vredenburg. The Jacobsbaai Village is located 22km from the Westcoast National Park nature reserve. It is adjacent to a site which has been soned for hospital and medical use. (Click on Development to see the layout.)

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