Hotel For Sale - N$ 1,710,000

Ref # 2505271 : Swakopmund Central , Swakopmund , Erongo

A new concept of monthly income generating investment in short-term accommodation rentals based on the total occupancy (share in the revenue pool).

All the apartments will be registered as normal sectional title in your name.

THE CENTRAL SUITES is an upcoming development of 90 fully furnished and fully equipped serviced apartments in 40 meters high Swakopmund landmark-to-be ensuring unobstructed panoramic views of the town and its beautiful surroundings.

The management of short-term rentals will be fully handled by a professional company, which makes your income 100% passive.

Choose your preferred unit from 3 available options:

1)Type B: Standard Suite (1 bedroom; 35 sqm) – Price: From N$1,710,000 to N$1,790,000

2)Type A: Executive Suite (1 bedroom + sauna + lobby; 56 sqm) – Price: From N$2,750,000 to N$2,880,000

3)Type C: Family Suite (2 bedrooms + 2 bathrooms; 76 sqm): Price: From N$3,720,000 to N$3,900,000

Transfer fees are included in the purchase price.

The complex will also include various amenities:

-Restaurant (on the top floor)

-Gym

-Heated swimming pool

-Conference hall

-Lounges

-Spa

On top of that, each unit has a kitchenette to facilitate self-catering.

Projected return on investment (ROI) after the levies and management fee deduction is as follows:

10.0% at 35% occupancy

18.4% at 50% occupancy

26.8% at 65% occupancy

32.4% at 75% occupancy

Contact us to request the full table indicating the monthly income, ROI and the management fee structure depending on the occupancy level.

The floor plans, 3D renderings and complete price list are attached to the listing.


Property Details

  • Property Type Hotel
  • Beds 1
  • Bath 1
  • Carports 1
  • Building Size 35m²
  • Stand Size

Pieter Davel


Gallery