An exciting opportunity to invest in a luxury beachfront development in one of Namibia’s most scenic locations – Long Beach, between Swakopmund and Walvis Bay.
Project Overview
Construction of this prestigious development was placed on hold a few years ago, presenting a unique opportunity for an investor to revive and complete this high-potential project. Significant progress has already been made, and the groundwork is well-established.
Land Size: Approximately 1,500m2
Surrounding Area: Approximately 5 hectares of adjacent land (currently owned by the Municipality – subject to confirmation) may be included in the development scope.
Beachfront Access: The land extending to the beach, including a private Jetty and Tidal Pools, forms part of this arrangement.
Development Features
12-Storey Complex
Each floor comprises 2 luxury penthouse-style units, totaling 24 high-end apartments.
Ground Floor Amenities:
Includes a 24-hour security office and space allocated for an upmarket restaurant. A popular Walvis Bay restaurant has already provisionally booked this floor, with their specifications (e.g. cold room placement) incorporated into the design.
Exclusive Living:
Each apartment is built to premium standards and includes a private Jacuzzi, with uninterrupted 360° views of both the ocean and the Namib Desert dunes.
Access Control:
Secure access for residents only, via two private lifts controlled by an access code on the owner's cellphone—directly opening into each unit.
Rooftop Deck:
Features a private water bar and a rotating viewing platform, completing a 360° turn every hour. Strictly for use by owners and their guests.
Underground Facilities:
Three levels have been completed below ground for secure parking, storage units, and a generator room. Additionally, two floors above ground are fully constructed.
On-Site Contractor:
A highly reputable contractor familiar with the project since inception is still maintaining the structure and is ready to resume construction immediately. The professional team estimates completion within 18 months from restart.
Documentation & Investment Details
All required documentation is in place, including:
Licenses and municipal approvals
Letters of authority
Updated Bill of Quantities
Investor Residency:
The scale of the investment qualifies the buyer for a Namibian residence permit.
Additional Notes
Buyer Interest:
Six potential buyers have already expressed intent to purchase units. Deposits will be accepted once construction resumes on Phase 2.
Seller Commitment:
The current developer has already invested N$40 million and wishes to retain a 25% shareholding – a strong signal of commitment and belief in the project’s success.
However, he is open to selling 100% of his interest if required, and is willing to remain on board as an advisor to ensure a seamless transition and completion.
