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$4,410,000
How does this home’s price compare with similar properties?
Price comparison based on 7 similar-sized 2–4 bed homes (wider size range).
Insight
Larger than typical 2–4 bed homes in Mile 4 — priced N$ 12,284/m² vs N$ 17,340/m² typical.
Compared with 7 similar homes (10 listings) in Mile 4.
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.