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New property development for Langstrand |
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Written by Staff Reporters
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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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