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This beautiful village of affordable cottages might be the best place to retire

Dec 3, 2016, 02:26 IST

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Serenbe

As people age into their 70s and 80s, some choose (often reluctantly) to move into retirement homes.

A new community and village, called Mado, aspires to become a place where residents can age in place. Although residents of all ages can live there, a portion of single-story homes will be designated for buyers aged 55 and up.

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The idea is that if they move there in late middle-age, they won't need to move.

Located in northwestern Georgia, Mado will feature medicinal gardens, community activities, and housing. It will be the third village at Serenbe, a community of nearly 500 people of all ages.

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Mado's construction started this past summer, and the first residents will move in this month, Serenbe co-founder Steve Nygren, aged 70, tells Business Insider. Homes will cost between $300,000 and $800,000, and rental apartments will be available at $1,000 a month.

Take a look inside.

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