Real Estate and Property in Namibia for Sale and Rent

investment

Rapid Development in the Commercial activity of Property Investment

The Very First Federal Bank of Namibia has reported the lowest yearly growth rate ever for housing prices, 3.7 percentage year over year. The quantity index saw a growth of 27.4%; this gain was mostly brought on by the acquisition of reduced homes, which has increased demand for property in Namibia. Because of the global epidemic that the nation is still recuperating from, the decline in housing prices...

Property Practitioners Bill at Elevated Level

The Namibia Estate Agents Board (NEAB) has worked hard to finish the Namibia Property Practitioners Bill. "The Bill is meant to reshape the environment of the real estate market by building a suitable organizational and administrative structure relevant to contemporary circumstances," said trade minister Lucia Iipumbu this week during an information exchanging roadshow session for property managers in...

When is the Appropriate Time to Invest in Property?

As per agents of real estate in cities, now is considered a good time for any investment in properties if there is a stable stream of income coming in. Additionally, the prime rate, which is incredibly low, is also an advantage that investors, as well as homeowners (potential), can reap benefit from. As of right now, the lending rate is at 7.75%. Irmgard Hamayulu, a real estate agent, based in...

USAID Set to Power Africa with 5-Gigawatt Solar Energy Plan

It has been reported that Botswana and Namibia have enormous solar potential. The authorized sectors needed to utilize such massive treasure to plan renewable energy programs. Now the South African nations are working with the U.S government, Power Africa, to establish a 5,000 megawatts solar energy plan. In an interview, Tom Alweendo Namibia mines and energy minister said," After the signing...

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