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Namibia: House Prices, Rents, and Rental Yields

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Last Updated: Nov 30, 2005

Yields are high in Windhoek at 9.5% - 10%

Last Updated: Nov 30, 2005
WINDHOEK COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
70 sq.m. 45,000 360 9.60% 643 5.10
100 sq.m. 60,000 500 10.00% 600 5.00
150 sq.m. 85,000 700 9.88% 567 4.70
200 sq.m. 120,000 950 9.50% 600 4.80
250 sq.m. 160,000 1,000 7.50% 640 4.00
400 sq.m. 250,000 1,600 7.68% 625 4.00
SWAKOPMUND -
Beachfront Houses
250 sq.m. 160,000 1,200 9.00% 640 4.80
400 sq.m. 270,000 1,800 8.00% 675 4.50
500 sq.m. 350,000 2,000 6.86% 700 4.00
700 sq.m. 540,000 3,000 6.67% 771 4.30
1,000 sq.m. 850,000 4,000 5.65% 850 4.00
Source: Global Property Guide

In Windhoek property typically costs US$457 – US$523 per sq. m. (NA$3,320 to NA$ 3,800). A 200 sq. m. house would cost about NA$712,812 (US$98,031). For a similar sized property, the rent would be around NA$5,643 (US$776) per month.

Yields are around 9.5% to 10% for properties of up to 200 sq. m.. Bigger properties have yields of around 7.5%.

Beachfront properties in Swakopmund are priced at US$131 to US$694 per sq. m. (NA$950 – NA$5,050), and yield around 5.5% to 9%.

 

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