Selling is a running concern. Registered in a CC.
This property offers a serene and natural ambiance, making it a perfect retreat. Currently operating as a hotel, it features 41 rooms, 7 houses, and 12 campsites. The business has been running for 25 years which means there are plenty of loyal clients.
The owners are looking to downscale, thus the reason for selling. The valuation price is N$ 32,800,000 but they are selling it for N$ 7,155,000 under valuation!
The ERF is located within the municipal area. This allows foreigners to purchase 100% of the property.
Financial highlights (2022)
- Revenue- N$8,648,474
- Gross Profit- N$6,841,521
- Net Profit- N$1,722,503
What you can expect:
- Accommodation: 41 Rooms, 7 houses, 12 campsites
- Conference Facilities: 3 Halls
- Entertainment: 2 Bars with swimming pools, a restaurant with a well-equipped kitchen
- Water Source: Borehole
- Additional Features: Volleyball court, staff and owner residences, bachelor flats, laundry room, reception, and back office. Multiple storage rooms, ablution blocks, a warehouse, garden equipment storage, and much more.
Inclusive in the purchase:
- Gas geysers, borehole water supply
- 2x Vehicles
- Security: 8x Installed cameras, security office, 2-way entrance gate
- Green Energy: 85,000 W solar panels, 100 KVA three-phase inverter, 305 KWH Lithium blue batteries (worth N$3,024,123.09 and was installed mid-2022)
- Backup Power is a 60 KVA generator
