• Real Estate and Property in Namibia for Sale and Rent

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There is a housing crisis in Namibia

There is a housing crisis in Namibia

A housing issue exists in Namibia. A half million new homes are required, yet a 90percent of the total Namibian families could not be eligible for a loan to pay for them. The issues include perennially mishandled property market fundamentals, debt, modest wage gains, and a dependence on short-term loans. These currently prevent the majority […]

Property Prices In Namibia, Swaziland, And Mauritius

Property Prices In Namibia, Swaziland, And Mauritius

According to the Seeff Property Group, a house in a fantastic location may serve as the ideal holiday home due to ease of access for SA property purchasers. This is especially true in one of Southern Africa’s neighboring nations. Namibia – a beachfront apartment in Henties Bay starts at R1.5 million. Namibia needs to be […]

African urban growth is expected to be massive

African urban growth is expected to be massive

Real estate sector in Africa has been experimenting an impressive growth. On average, 10,000 accommodations miss each year in most of these countries, and despite some governmental endeavors, the shortfall is still important. According to several studies, African population is going to increase over threefold during the next 40 years. This demographic growth will inevitably […]

Investing in property is a great idea but do not over-commit

Investing in property is a great idea but do not over-commit

Recently the current minister of finance explained in parliament that there was a serious need to optimise spending in this context of current economic uncertainty. But this situation does not mean that investing in property is a bad idea. Indeed, according to Standard Bank’s home loans sales manager, Caroline Orange, buyers have to take advantage of […]

Average house price growth slows down

Average house price growth slows down

The average house in Namibia in June cost 6,4% more than a year ago. It represents a decrease compared to the period June 2015 – June 2016 when the increase was 11,6%. This was released in FNB Namibia’s Housing Index in early November. As the economy only increased by 1,1% last year and with still […]

House price growth slows down

House price growth slows down

FNB Namibia’s Housing Index revealed yesterday that in June the average house in Namibia cost 6,4 per cent more than a year ago. Disposable income is under pressure and macro-economic challenges continue aggravating the Namibian housing market that saw the annual price growth slowing down to 6,4 per cent in June. This substantial decline is […]