What is a retirement property?
These days the word retirement home can mean many things. They are luxury residential facilities for very fit seniors, as well as facilities 4 highway highly vulnerable care requiring older people.
Most of the time it is a multi residence housing facility intended for the elderly. An individual person, a couple would stay in an apartment, in a room or even in a suite of rooms.
Most retirement homes have additional facilities for the residents.
Popular facilities include recreational rooms, sports facilities, spa and sometimes rental facilities for sports equipment such as bicycles.