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New property development for Langstrand PDF Print
Written by Staff Reporters   

It is common knowledge that the three most important parameters in any fixed asset investment are Locality, Locality, and Locality. Langstrand meets all the requirements. It is located on a pristine section of coast, within easy reach by both Swakopmund and Walvis Bay and it enjoys better weather than its immediate neighbours. It is without a doubt the town in Namibia where the number of dwelling units has increased by the highest percentage during the last three years.

JRE Developments prides themselves on their stake in this development. It has erected 120 new dwelling units during this period.
Construction of two new projects is about to begin. Sunset Sails comprises of three separate blocks of units – two apartment blocks of 6 units each and a block of flats with 9 units.
All of these units will have direct access to the beach without having to cross a street, while 15 units will also have a direct sea view. The furthest unit will be 230 m from the water.
The Main Sail is a block of 19 flats, all with direct permanent sea view. The upper three of these units will be luxury penthouses. The sizes of the units vary from the smallest, 144 m², to 301 m² for penthouses.
Prices start at N$800 000 per unit with no transfer fees. A South African buyer qualifies for 80% bonds with Namibian banks.

 
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DATE

Fri 21 Nov - Thu 27 Nov 2008
Volume 22 No.46