Namib Escarpment Lodge
Namib Desert, Erongo
N$32,500,000
A twelve-suite desert lodge sold as a going concern, including land, improvements, furniture, equipment and trading operation.
An established boutique lodge set on a private desert property with dramatic escarpment views. Sold as an operating business together with the underlying real estate.
Opportunity exists to extend the room count, introduce higher-yield experiences and improve rate positioning through international distribution.
Highlights
- Going concern: property, business, furniture and equipment
- Room count expansion potential subject to approvals
- Strong international leisure demand profile
- Experienced operating team in place
Key facts
- Asking price
- N$32,500,000
- Property type
- Boutique Lodge
- Investment type
- Operating Business + Property
- Development status
- Completed
- Bedrooms
- 12
- Bathrooms
- 14
- Building size
- 1650 m²
- Land size
- 420,000 m²
- Reference
- WA-204
ROI & capital growth snapshot
What this opportunity could return.
These are projections based on the base-case assumptions recorded for this listing — not a forecast and not a guarantee. Every input can be changed in the calculator below.
Projected net yield
-2.5%
Net income ÷ asking price
Projected net income (year 1)
N$-813k
After operating costs
Projected cash-on-cash ROI
-37.2%
On N$10.02m cash invested
Projected 5-year total return
-41%
Income plus capital growth
| Holding period | Projected value | Projected capital gain | Growth assumption |
|---|---|---|---|
| 3 years | N$40.94m | N$8.44m | 8.0% p.a. |
| 5 years | N$47.75m | N$15.25m | 8.0% p.a. |
| 10 years | N$70.17m | N$37.67m | 8.0% p.a. |
Capital growth is an editable assumption held against this listing, not a market forecast.
Investment at a glance
The numbers behind the opportunity.
All figures below are projected and update live as you change the assumptions. Historical trading figures are shown separately.
Purchase price
N$32,500,000
Asking price / adjustable
Projected annual revenue
N$965,790
Projected
Projected net operating income
N$-812,579
Projected
Projected net yield
-2.5%
NOI ÷ price
Projected occupancy
54%
Projected
Assumed capital growth
8.0%
Assumption, not a forecast
Projected 5-year value
N$47,753,162
Projected
Projected cash-on-cash
-37.2%
With financing
Historical / actual performance
Occupancy (last 12 months)
51%
Average daily rate achieved
N$4,620
Historical performance does not guarantee future performance.
Interactive calculator
Adjust the assumptions.
Investment period
Revenue & net income
How the income is built up.
Financing
Cash flow after debt service.
Loan amount
N$22,750,000
30% deposit
Monthly repayment
N$242,613
11.5% over 20 years
Annual debt service
N$2,911,353
Monthly cash flow
N$-310,328
Annual cash flow
N$-3,723,931
Cash-on-cash return
-37.2%
On N$10.02m total cash in
Total initial investor cash includes deposit N$9.75m, transfer & acquisition costs N$85k and furniture / setup N$180k.
Capital growth potential
Compound value over time.
Current value
N$32.50m
Year 1
N$35.10m
Year 3
N$40.94m
Year 5
N$47.75m
Year 10
N$70.17m
Capital growth of 8.0% per annum is an assumption and is not guaranteed.
Total investment return
Operating income + capital growth.
Exit calculator
What could my investment look like at exit?
Projected property value
N$47.75m
Less outstanding loan
N$20.77m
Less selling costs (4%)
N$1.91m
Projected equity at exit
N$25.07m
Cumulative operating cash flow
N$-19.14m
Total cash invested
N$10.02m
Projected total investor value
N$5.94m
Projected total return
-41%
Projected profit N$-4.08m
Occupancy analysis
What happens at different occupancy levels?
| Occupancy | Nights sold | Gross revenue | Operating costs | Net income | Net yield | Monthly income | Cash flow | Cash-on-cash |
|---|---|---|---|---|---|---|---|---|
| 35% | 128 | N$626k | N$1.66m | N$-1.04m | -3.2% | N$-86k | N$-3.95m | -39.4% |
| 50% | 183 | N$894k | N$1.75m | N$-860k | -2.6% | N$-72k | N$-3.77m | -37.7% |
| 65% | 237 | N$1.16m | N$1.85m | N$-683k | -2.1% | N$-57k | N$-3.59m | -35.9% |
| 75% | 274 | N$1.34m | N$1.91m | N$-565k | -1.7% | N$-47k | N$-3.48m | -34.7% |
10-year projection
Year by year.
| Year | Property value | ADR | Occ. | Gross revenue | Operating cost | Net income | Debt service | Net cash flow | Loan balance | Investor equity |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | N$35.10m | N$4,900 | 54% | N$966k | N$1.78m | N$-813k | N$2.91m | N$-3.72m | N$22.44m | N$12.66m |
| 2 | N$37.91m | N$5,194 | 54% | N$1.02m | N$1.89m | N$-861k | N$2.91m | N$-3.77m | N$22.09m | N$15.82m |
| 3 | N$40.94m | N$5,506 | 54% | N$1.09m | N$2.00m | N$-913k | N$2.91m | N$-3.82m | N$21.70m | N$19.24m |
| 4 | N$44.22m | N$5,836 | 54% | N$1.15m | N$2.12m | N$-968k | N$2.91m | N$-3.88m | N$21.26m | N$22.96m |
| 5 | N$47.75m | N$6,186 | 54% | N$1.22m | N$2.25m | N$-1.03m | N$2.91m | N$-3.94m | N$20.77m | N$26.98m |
| 6 | N$51.57m | N$6,557 | 54% | N$1.29m | N$2.38m | N$-1.09m | N$2.91m | N$-4.00m | N$20.22m | N$31.36m |
| 7 | N$55.70m | N$6,951 | 54% | N$1.37m | N$2.52m | N$-1.15m | N$2.91m | N$-4.06m | N$19.60m | N$36.10m |
| 8 | N$60.16m | N$7,368 | 54% | N$1.45m | N$2.67m | N$-1.22m | N$2.91m | N$-4.13m | N$18.91m | N$41.25m |
| 9 | N$64.97m | N$7,810 | 54% | N$1.54m | N$2.83m | N$-1.30m | N$2.91m | N$-4.21m | N$18.13m | N$46.84m |
| 10 | N$70.17m | N$8,278 | 54% | N$1.63m | N$3.00m | N$-1.37m | N$2.91m | N$-4.28m | N$17.26m | N$52.91m |
Revenue vs net income
Investor equity & cumulative cash flow
The report is generated from the assumptions currently set above.
Investment projections are illustrative estimates based on the assumptions displayed and are provided for informational purposes only. Actual occupancy, rental income, expenses, financing costs, property values and investment returns may differ. Historical performance, where provided, does not guarantee future performance. Investors should obtain independent financial, legal, tax and property advice before making an investment decision.
Operating model
How this asset earns.
- Asset type
- Boutique Lodge
- Investment focus
- Operating Business + Property
- Current status
- Completed
- Income basis
- Nightly rate × occupancy
- Management assumption
- 12% of revenue
- Operating cost assumption
- 22% of revenue
Risks & considerations
What we verify together.
- Trading records, bookings and cost history reviewed against the assumptions used above.
- Seasonality: Namibian coastal and safari demand varies considerably through the year.
- Financing terms, deposit requirements and interest rate movement for non-resident buyers.
- Condition, compliance, zoning and municipal approvals relevant to the asset.
- Staffing, management continuity and owner involvement after transfer.
- Currency and exit considerations if you invest from outside Namibia.
This is not financial or legal advice. Independent verification through your own advisers is recommended before any commitment.
Location
Namib Desert, Erongo
Detailed location notes — access, surrounding demand drivers and exact positioning — are shared in the investment pack for this listing.
Request location details
Next step
Request the full investment pack.
The investment pack includes property information, photography, trading or projected financials, the assumptions behind the modelling, financing scenarios, occupancy scenarios, capital growth scenarios and exit projections — prepared against this specific opportunity (WA-204).
Prefer to talk? WhatsApp +264 81 128 8681 or email wilko@buddy.na.
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