- OWN OR RENT YOUR SHARE -

AN INVESTMENT

Swakopmund Retirement Village offers an excellent investment opportunity, whether you buy for personal use, for a family member or as part of your property investment portfolio. Every unit is registered in the buyer’s name (or nominated legal entity) and forms part of their fixed assets. Units in SRV are sold as full ownership properties in a sectional title development and not as life right. Therefore owners have the right to nominate succession of ownership in their will.

In view of the growing demand for retirement properties, especially secure villages with on-site full care facilities, Swakopmund Retirement Village is expected to show exceptionally high growth in capital value.

In addition to the financial rewards, you can rest assured that you have safely invested in your retirement.



OWNERSHIP

Anyone, regardless of age, can own a house or an apartment at the Swakopmund Retirement Village, provided that it is occupied (by people 48 years and older). Houses or apartments owned for an Investment can be lease to tenants 48 years old and older through the Swakopmund Retirement Village.

OCCUPANTS

Occupants must be 48 years of age or older. In the event of a couple occupying a house, then at least one of the two occupants must be 48 years or older.

HOME OWNERS ASSOCIATION / BODY CORPORATE LEVIES

Swakopmund Retirement Village appointed Namibia Retirement Services (Pty)Ltd as the facilities management company for both the Estate and the Haven. Levies are calculated on a sliding scale according to the size of the erf (Estate) or the unit (Haven). The Estate is managed by the Home Owners Association (HOA) and the Haven  by The Haven Body Corporate.

The levies compare well with other complexes and extremely well with other retirement villages.

LEVIES INCLUDE:

  • 24 hour security
  • Emergency support phone
  • Garden services for common property
  • Electricity for all common areas
  • Availability of Care Services
  • Insurance of Common Property

SAFETY AND SECURITY

The safety and security at Swakopmund Retirement Village are of the utmost importance. A safe and peaceful environment is created where residents enjoy the freedom of outdoors and enjoy leisurely walks in the village. In addition to the boundary walls and electrified security fence there is an access  control gate with security guards manning it 24 hours a day.

All units are equipped with a panic emergency support system in case of an emergency which alerts full care.

SERVICE PROVIDER

Swakopmund Retirement Village appointed Namibia Retirement Services (Pty) Ltd (NRS), as the facilities management company for both the Estate and the Haven.

NRS will be responsible for the full spectrum of management services.

NRS brings a holistic approach to services provided, ensuring that compassion, respect, integrity and innovation are the fundamental values upon which the estate is operated.



SIMPLE PURCHASING PROCESS

1. SELECT

Select your most preferred unit whether it’s a house or apartment. In the estate the erf is registered prior to building the house.

2. SIGN AGREEMENT OF SALE

The purchaser’s attention is specifically drawn to the fact that the transaction is structured on the basis of a plot and plan and as a result thereof will pay transfer duty on the total value of the plot and plan.

The purchase price of the Haven Apartments is payable upon registration of the sectional title unit.

Options Available: Independent Living and Assisted Living

Swakopmund Retirement Village units can not be bought subject to the sale of another property; however, if the sale of the other property is already in process then we’ll be happy to assist you.

FIA documentation required.

3. MAKE DEPOSIT

For the Estate the deposit is held in the Transfer Attorney’s trust account (interest accrued for the benefit of the client). Transfer Fees are payable by the client on instruction from the conveyancer. For the Estate a Deposit equal to 10% of the erf price is payable upon signing the contract.

For the Apartments in the Haven a deposit of N$30 000 is payable on signature of the contract.

4. FINALIZE BUILDING PLANS

Purchasers in the Estate have to approve and sign off on their selected house plans with the architect and developer.

5. GUARANTEES

Whether purchasing your house/apartment with a bank loan or cash, in both instances a guarantee from a reputable financial institution has to be submitted to the conveyancers.