By: Staff Reporter
According to analysis by urban development specialist Francisco Neshila on Swakopmund’s Property Market, Swakopmund recorded 8,209 property transactions over the last decade with a cumulative transaction value of N$8.93 billion.
The market currently reflects a median residential property price of approximately N$650,000, while serviced land averages are at N$1,040 per square metre.
Neshila said that Swakopmund has emerged as one of Namibia’s strongest-performing property markets, outperforming many other towns through consistent land delivery, strategic planning and an efficient local authority.
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