Real Estate in Namibia

  • Namibia: Geingob Hands Over 243 Houses At Walvis

    NAMIBIA, 2017/10/31 President Hage Geingob's continuous quest to provide decent and affordable houses for all Namibians is paying off, as on Friday he handed over 243 newly completed low-cost houses for occupancy. Geingob handed over houses at Walvis Bay. The houses were constructed through a smart partnership between the Ministry of Urban and Rural Development, the Walvis Bay Municipality and 42 contractors under the mass urban land servicing project launched in 2015 by the president in Windhoek, Oshakati and Walvis Bay.
  • Africa property offers rich pickings for the brave

    BOTSWANA, 2017/08/20 Some property pundits believe there are major opportunities for investors or companies on the continent. While most pundits will acknowledge that the saying “Africa is not for sissies” rings authentic at the same time as it comes to property investment , some commentators believe that there are major opportunities for investors on the continent.
  • Namibia: FNB Housing Volume and Value Index Retreated

    NAMIBIA, 2016/02/08 In the new FNB housing index Daniel Kavishe, Market Research Manager, FNB Group advises that the FNB volume and price index retreated in the eve of the fourth quarter 2015 as the housing market eased across the country. He added that the deeds office recorded a 40% drop in transactions year-on-time(y-o-y) due to a slowdown in purchases in the Northern and Central town. Transaction increase at the Coast remained steady at 10% y-o-y supported by development in Swakopmund while in the South, transactions at Luderitz doubled due to the low cost developments in Luderitz's Benguela area.
  • Hilltop Estate Development On Target in Namibia

    NAMIBIA, 2013/10/27 Earthworks have started on the Hilltop Estate development in Kleine Kuppe, where Demushuwa Property Developers are developing a shopping mall, private hospital, medical suites, and luxury apartments. The principal agent, Howard & Chamberlain Architects, have handed the site to contractors at the Lady Pohamba Private Hospital and the newly planned Pupkewitz MegaCentre. "We are pleased to announce that the earthworks will start at the Pupkewitz MegaCentre site and the construction will presently commence at the Lady Pohamba Private Hospital site," said Desmond Howard, director at Demushuwa Property Developers. The final completion and opening at both sites are scheduled for early 2015.
  • Namibia’s major single commercial property development

    NAMIBIA, 2013/03/26 The countrywide boom in the real estate sector is presently visible in Namibia, particularly in Windhoek, which any minute at this time will be getting a major commercial property development, the 54,000m² Mall of Namibia - The Grove.