Enjoy Mondesa's lively community in Swakopmund—close to shops, schools and transport. Investment-ready: fourteen self-contained units, 90% occupied, each with individual water and electricity meters.
14-Unit apartment Building for Sale
Great investment opportunity in Swakopmund Mondesa (Near the Police station)!!!
This property is well located with lots of potential.
14 Units consisting of:
open Kitchen/Living/Bedroom and a Bathroom.
Income per unit between N$ 3100.00 to N$ 4000.00
90% occupied.
15 SUB electricity reader
15 SUB water readers
Price N$ 3 000 000.00
Valued at N$ 3 750 000.00 (2020)
Floor Area
510 m2
Listed for sale at N$2,800,000
Price increased by 7.1% to N$3,000,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 97 listings in Swakopmund (town)
Insight
Priced above the median for similar properties in the area. On a price-per-m² basis, it is 72% below the median. Floor size is 272% larger than typical for similar homes.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Key differences
Affordability
N$ 29,449 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
97 similar listings
High similar-home inventory town-wide (Swakopmund)
Median time on market: 242 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Swakopmund Central offers a vibrant coastal lifestyle with convenient access to amenities, historical charm, and a blend of residential and commercial activity, making it an appealing place to live.
* Distances and amenities are approximate.