The Swakop Lofts
Swakopmund, Erongo
N$1,950,000
Off-plan one-bedroom serviced apartments designed specifically for short-term letting, with operating structure in place at handover.
A boutique off-plan development of serviced apartments designed around the operating model rather than retro-fitted to it: layouts, finishes and servicing are specified for short-stay performance.
Investors acquire off-plan at launch pricing, with hospitality management, distribution and owner reporting available from handover.
Highlights
- Launch pricing for early investors
- Designed for short-stay operating performance
- Management and distribution from handover
- Phased payment structure
Key facts
- Asking price
- N$1,950,000
- Property type
- Off-Plan Serviced Apartments
- Investment type
- Off-Plan Income Investment
- Development status
- Off-Plan
- Bedrooms
- 1
- Bathrooms
- 1
- Building size
- 74 m²
- Reference
- WA-119
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
4.7%
Net income ÷ asking price
Projected net income (year 1)
N$92k
After operating costs
Projected cash-on-cash ROI
-9.7%
On N$850k cash invested
Projected 5-year total return
51%
Income plus capital growth
| Holding period | Projected value | Projected capital gain | Growth assumption |
|---|---|---|---|
| 3 years | N$2.53m | N$575k | 9.0% p.a. |
| 5 years | N$3.00m | N$1.05m | 9.0% p.a. |
| 10 years | N$4.62m | N$2.67m | 9.0% 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.
Purchase price
N$1,950,000
Asking price / adjustable
Projected annual revenue
N$273,750
Projected
Projected net operating income
N$92,250
Projected
Projected net yield
4.7%
NOI ÷ price
Projected occupancy
60%
Projected
Assumed capital growth
9.0%
Assumption, not a forecast
Projected 5-year value
N$3,000,317
Projected
Projected cash-on-cash
-9.7%
With financing
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$1,365,000
30% deposit
Monthly repayment
N$14,557
11.5% over 20 years
Annual debt service
N$174,681
Monthly cash flow
N$-6,869
Annual cash flow
N$-82,431
Cash-on-cash return
-9.7%
On N$850k total cash in
Total initial investor cash includes deposit N$585k, transfer & acquisition costs N$85k and furniture / setup N$180k.
Capital growth potential
Compound value over time.
Current value
N$1.95m
Year 1
N$2.13m
Year 3
N$2.53m
Year 5
N$3.00m
Year 10
N$4.62m
Capital growth of 9.0% 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$3.00m
Less outstanding loan
N$1.25m
Less selling costs (4%)
N$120k
Projected equity at exit
N$1.63m
Cumulative operating cash flow
N$-353k
Total cash invested
N$850k
Projected total investor value
N$1.28m
Projected total return
51%
Projected profit N$431k
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$160k | N$136k | N$24k | 1.2% | N$2k | N$-151k | -17.7% |
| 50% | 183 | N$228k | N$163k | N$65k | 3.3% | N$5k | N$-110k | -12.9% |
| 65% | 237 | N$297k | N$191k | N$106k | 5.4% | N$9k | N$-69k | -8.1% |
| 75% | 274 | N$342k | N$209k | N$133k | 6.8% | N$11k | N$-41k | -4.9% |
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$2.13m | N$1,250 | 60% | N$274k | N$182k | N$92k | N$175k | N$-82k | N$1.35m | N$779k |
| 2 | N$2.32m | N$1,325 | 60% | N$290k | N$192k | N$98k | N$175k | N$-77k | N$1.33m | N$991k |
| 3 | N$2.53m | N$1,405 | 60% | N$308k | N$204k | N$104k | N$175k | N$-71k | N$1.30m | N$1.22m |
| 4 | N$2.75m | N$1,489 | 60% | N$326k | N$216k | N$110k | N$175k | N$-65k | N$1.28m | N$1.48m |
| 5 | N$3.00m | N$1,578 | 60% | N$346k | N$229k | N$116k | N$175k | N$-58k | N$1.25m | N$1.75m |
| 6 | N$3.27m | N$1,673 | 60% | N$366k | N$243k | N$123k | N$175k | N$-51k | N$1.21m | N$2.06m |
| 7 | N$3.56m | N$1,773 | 60% | N$388k | N$257k | N$131k | N$175k | N$-44k | N$1.18m | N$2.39m |
| 8 | N$3.89m | N$1,880 | 60% | N$412k | N$273k | N$139k | N$175k | N$-36k | N$1.13m | N$2.75m |
| 9 | N$4.24m | N$1,992 | 60% | N$436k | N$289k | N$147k | N$175k | N$-28k | N$1.09m | N$3.15m |
| 10 | N$4.62m | N$2,112 | 60% | N$462k | N$307k | N$156k | N$175k | N$-19k | N$1.04m | N$3.58m |
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
- Off-Plan Serviced Apartments
- Investment focus
- Off-Plan Income Investment
- Current status
- Off-Plan
- Income basis
- Nightly rate × occupancy
- Management assumption
- 18% 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
Swakopmund, 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-119).
Prefer to talk? WhatsApp +264 81 128 8681 or email wilko@buddy.na.