Private Residence Communities for Retirement in South Carolina

The decisions to be made when considering  South Carolina retirement are many especially when it comes to finding your Best Places to live in SC.

Frankly, not everyone is prepared to make a full-time move or even think about buying a new home. We all have different plans and motivations and finding a traditional small town or gated community to call your own may not be what you’re looking for.

If you’re in this quandary you may want to think about an increasingly popular option for those considering South Carolina retirement by investing in a Private Residence community for retirees.

Private residence communities trace their origins back to the vacation home exchange set up in the French Alps during the 1960’s that allowed people to buy time at an apartment or condominium instead of buying property.

This system started the growth of the timeshare industry but Private Residence communities or clubs are quite distinct from a timeshare arrangement in that instead of buying time at a particular community you are actually buying a deeded share of a property within that community. This is often called “fractional ownership” or “fractional deeded ownership” and provides you the advantages of owning property without having to worry about all the intangibles of actually maintaining a second home.

Your ownership share in a property at a Private Residence community or club allows you to stay at the property for a certain number of weeks a year; often anywhere from four weeks to several months depending on your situation and the community.

Most retirees who’ve decided to invest in a Private Residence community or club are attracted to the flexibility and financial advantages they provide.

Fractional ownership and not having all the worries about maintaining a second home for part of the year are often cited but the top class facilities and wide variety of amenities are also a major consideration.

Most Private Residence communities or club are actually located near or within exclusive private resorts or planned communities that cater to those with a lot of disposable income and it shows but if you look around, there is a wide range of private residence opportunities for South Carolina retirement. 

Many private residence communities for retirees to live in SC  are located along the Atlantic coast.

Within the Daniels Island community of Charleston, SC there is the Charleston Club private residence community. Membership in the Charleston Club is limited to only 104 residents who share ownership in eight fully furnished three bedroom penthouse residences while having access to the same high level of services and amenities of your typical Daniels Island resident.

If you’re not interested in living on the coast but want to make a move to SC, you may want to look at the Legacy Club in Seneca, SC not far from the Keowee Mountain community on Lake Keowee in northwestern South Carolina. The Legacy Club is typical of a mountain private residence community that emphasizes peace and relaxation close to nature and offers two story lakefront homes, many with private boat docks, access to the community spa and some of the most beautiful natural scenery in South Carolina.

Private residence communities for South Carolina retirement are one of many living options available to those thinking making the move to SC.

Before you make any decision of where the best places to live in South Carolina are, be sure to read our articles in the "New Retirement" section and more information in communities section.

And don't miss the opportunity to get the South Carolina Communities Directory.  You'll learn everything you need to know about your move to
South Carolina.

Make sure the areas on your list of the Best Places to live in South Carolina, meet all your needs and dreams.

In addition to the South Carolina Communities Directory, we've also created  Special Reports, In Dept Reports, and  The Ultimate Guide to Finding the Best Places to Live  in South Carolina and the Best Places to Live in North Carolina.

About Bob Bencivenga

Bob  Bencivenga is a professional site locator and location anyalyst for major corporations and been researching the NC and SC to find those areas which are affordable. Visit his blog and signup to get FREE weekly updates by email, along with FREE advice on how to relocate or retire in the Carolinas, additional resources, and a lot more!  Go now to www.placesofvalue.com.  Bob does not sell real estate.

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