Frequently asked questions about Namibian real estate
What is the average price per square meter of Namibian real estate?
Even in large cities, property prices in Namibia are quite moderate: 1 square meter of an apartment in the center costs 638 US dollars, in the suburbs - 514 US dollars. For 250 thousand dollars you can buy a large house with a modern layout.
Real estate in which areas of the country is considered the most promising?
For personal residence and investment, real estate in Namibia located in the capital of the country Windhoek or on the Atlantic coast is best suited. Those wishing to buy property in Namibia in the coastal zone in most cases give preference to the largest cities of the Erongo region - the resort center of Swakopmund and the port of Walvis Bay.
What documents do those planning to buy real estate in Namibia need to provide?
To buy real estate in Namibia, the following documents are required:
A valid passport;
Income documents, including bank statements;
letter (agreement) of intent to make a purchase.
If the purchase is planned to be financed with a mortgage loan, a letter from the bank on preliminary mortgage approval will also be required.