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Downsizing for elderly
Zenify
A relative of mine is in her 70s living alone in a large house with a very large garden within the commuter belt of Dublin. She spent a lot of money about 6 years ago getting it ready for her retirement. However, she has now realised that the property is too big and difficult to maintain with her old age.
She now wants to move into an apartment. She does not want to sell the house as it's been in the family for a long time but it looks like this will be her only option to afford apartment living.
What is the best thing to do with renting/selling/buying with her house and future apartment?
Do family's in apartments ever do a temporary swap? as I see this as the best solution here (she's not interested in making profit from the situation)
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beauf
They aren't really building for older people to downsize. I expect the best option will be to sell your own place and convert a smaller more suitable building yourself.