How Much Does It Cost To Build A House In Namibia?
Building a house in Namibia costs N$800-N$6,400 per square meter. However, the cost varies depending on factors like location, design, and type of house, as we shall see later. A 3 bedroom house is ideal for a family home. Building a 3-bedroom house in Namibia costs N$300,000-N$700,000 on average. In cities, the cost of building a house is higher than in rural areas: For instance, the cost of building a 3-bedroom house in the capital city of Namibia, Windhoek, is N$450,000-N$700,000 on average.
Apart from the size and location of the house, the cost of building in Namibia is also determined by the house’s proximity to a road or an airport. We will explain to you why it’s more expensive to build a house close to a main road. Before we do that, let us first break down the cost of building a house into subsidiary costs. We will look at their importance and the factors affecting their cost.
Cost Breakdown Of Building A House In Namibia
Here, we have prepared a list of the necessities for building a house. We will focus on the most important ones. Without them, a house cannot be considered complete. Remember these necessities when making a budget to build a house. Whether you have a lot or a little money, a budget plan is necessary. When drawing a plan, ensure you include the following:
1. Price of land in Namibia
The average price of land in Namibia is N$1,200-N$3,500 per square meter, depending on the location and status of the land. On average, 1 acre of Namibia costs N$150,000 in Withoek, while the prices vary for other areas. The cheapest land in Namibia is found in rural areas, while prices in urban areas are higher. When building a house, you must buy land if you do not have one already. When buying land to build a house in Namibia, consider the following factors:
- Location of land. Lands close to cities are the most expensive, followed by small towns, and the cheapest in rural areas.
- Land proximity to a means of transport. We all agree that living close to the main road, an airport, or an airstrip is very efficient. As a result, there is a high demand for land close by, which is the cause of high land rates.
- Land size. Large lands are expensive in Namibia, especially when close to the city. In remote rural areas, you will find large lands with affordable rates.
- Land productivity. A land with any kind of advantage in productivity, like fertility or mineral deposits, is relatively expensive.
- Lands with the property. Buying land with a property like buildings, you will pay extra costs to cover the buildings depending on their condition.
2. Cost of construction labour in Namibia
The cost of hiring one person when building a house in Namibia is N$18-N$60 per hour on average. Workers in Namibia are paid depending on their level of experience. The ones that receive the lowest pay are the manual labourers who lift building materials like bricks. Below them are the labourers that do jobs requiring a little skill, like welders. The ones that get the highest pay are the overseers.
3. Construction Transportation costs in Namibia
When building a house, you must consider transport charges regarding car hire costs. Doing so lets you know whether you need a small or large car. The average cost of hiring a heavy-duty vehicle in Namibia is N$30-N$40 per hour. Hiring a small car will cost you an average of N$20-N$30 per hour.
4. Cost of building materials in Namibia
The most expensive part of building a house in Namibia is building material costs, accounting for 60% of the total cost. Bricks, blocks, and foundation work account for 40% of the total cost of building materials, while electrical materials take 15%, roof and ceiling materials take 12%, and other building materials take the remaining 11%. Namibia’s average cost of building materials is N$2,130 per meter square. The cost of building materials for a 3-bedroom house in Namibia is N$260,000 on average.
|Bricks, Blocks, and foundation
|Bricks, Blocks and foundation
|N$ 852 per square meter
|Ceiling and roofing
|N$255.6 per square meter
|N$319.5 per square metre
|N$2.13 per square meter
|N$63.9 per square meter
|N$213 per square meter
|N$127.8 per square meter
|Windows and doors
|N$106 per square meter
|N$190.07 per square meter
How many building materials do you need to build a house? This varies depending on the following factors:
- House size. The larger the house, the more building materials are required to build the house.
- Design. Houses with high-end designs need more building materials than simple ones, even when they are the same size.
- Quality of building materials. Each building material comes at different prices. High-quality building materials are sold at high costs because they are scarce.
The building materials used to build houses in Namibia are many. Different houses, however, use different building materials depending on the design of the house. Below is a table of the basic building materials necessary for any house design and how much they cost.
Basic Building Materials And Cost In Namibia
|N$850-N$3,400 per sqm
|N$90-N$120 per 50 kg bag
|N$2-N$5 per brick
|N$1,000-N$5,000 per cubic meter
|N$500-N$3,000 per window
|N$700-N$5,000 per door
|N$30-N$80 per sqm
What Is The Cost Of Building A 3-Bedroom House In Namibia?
The cost of building a 3-bedroom house in Namibia is N$300,000-N$700,000 on average. In Namibia, the location, design and size determine the cost of building a house. It is cheaper to build houses in rural areas compared to urban centers. A good example is the capital city of Namibia. On average, building a 3-bedroom house in Windhoek is N$450,000-N$700,000. The closer your house is to the central business district, the more the cost of building it.
Houses in Namibia come in different sizes depending on the number of bedrooms. A 3-bedroom house is the best option for a family. Below is a table of different house sizes and how much they cost in Namibia.
House Size And Cost Of Building In Namibia
|Cost Of Building
Buying a house in Namibia costs N$1 million-N$1.5 million on average. The cost varies depending on the following factors:
1. The size of the house: The larger the house, the more it will cost to buy it.
2. The location of the house: The closer the house is to a city, the more it will cost to buy compared to houses far away from cities, like remote rural areas.
3. The house’s proximity to a means of transport: Buying a house by the roadside is more expensive than in the interior locations.
Yes. Several foreigners live in Namibian cities solely to invest in the country’s economy. Most foreigners have tapped into the real estate industry. Investing in the Namibian economy is a leverage to foreigners. The government recognizes investors by allowing them to own and buy houses.
The capital city (Windhoek), among other cities in Namibia. The city’s cost of living is high compared to rural areas, keeping the cost of goods and services high all year through. Foreigners living in Namibian cities have increased the cost of living. Ludwigsdorf is an example of these cities.
It is expensive to own property in Namibian cities. The cost of living in these cities has risen over the past years and is still rising. In turn, the cost of goods and services has also gone up. The rural areas, however, still live comfortably.
The majority of Namibian citizens cannot afford to buy a house. Houses are being built, but there are very few people purchase them. The jobs that they do does not pay enough to sustain themselves and still save for a house. In addition to that, only a few citizens qualify for mortgage loans.
Yes. Buying a house in Namibia is easy whether you are a Namibian citizen or a foreigner. Foreigners who buy houses in Namibia do this because it is a good place for investment. Most citizens cannot afford to buy houses because they do not qualify for mortgage loans, yet their pay is insufficient.
Yes. The number of foreigners living in Namibia is very high compared to other African countries. In Namibia, when you have an active investment running, the state allows you to live in the country and buy a house.