House for sale
Coastal renovation opportunity in Mile 4, a short walk to the ocean, featuring a covered indoor pool converted to a room and offering three bedrooms, two baths and four garages.
Located just a short walk from the ocean, this older home in Mile 4 offers generous living space and plenty of potential for buyers looking to renovate and make it their own.
The ground floor features an open-plan kitchen and living area, complemented by a separate scullery and a large walk-in safe, currently used as a pantry. There is also a guest toilet and a versatile room that was originally designed as an indoor swimming pool. The pool has since been covered with a wooden deck and converted into an additional room, allowing the new owner the option to either retain the space or restore the indoor pool.
Upstairs, the home offers a study or hobby room, a spacious main bedroom with an en-suite bathroom and private balcony, as well as a separate one-bedroom flatlet with its own entrance. The flatlet was created by converting two of the original bedrooms and the shared bathroom and now consists of an open-plan kitchenette and living area, one bedroom, and a bathroom—ideal for extended family, guests, or rental income.
One of the property's added advantages is that approved plans are already in place for an additional one-bedroom flat above the garages. Most of the building materials required for this project are already on site, providing an excellent opportunity for future expansion.
Additional features include:
4 garages
Small yard surrounding the home
Guest toilet
Study/hobby room
Main bedroom with en-suite bathroom and balcony
Existing one-bedroom flatlet with private entrance
Approved plans and building materials for a second one-bedroom flat
Walking distance to the beach
This is not a modern turnkey home, but rather a property with solid potential for the right buyer. With some updating and personal touches, it could be transformed into a spacious family residence or an investment with additional income-generating possibilities.
Listed for sale at N$4,750,000
Price reduced by 5.3% to N$4,500,000
Price reduced by 2.0% to N$4,410,000
How does this home’s price compare with similar properties?
Price comparison based on 8 similar-sized 2–4 bed homes (wider size range).
Insight
Larger than typical 2–4 bed homes in Mile 4 — priced N$ 12,284/m² vs N$ 18,167/m² typical.
Compared with 8 similar homes (11 listings) in Mile 4.
It's larger than typical, which helps explain where it sits in the range.
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Mile 4 is a tranquil, upscale residential suburb in Swakopmund known for its stunning ocean views, modern architectural homes, and peaceful coastal lifestyle.