Assisting Namibians to own the property of their dreams

Despite Namibian households being under increased economic pressure, there is still a need for housing in the market. This statement was shared by Bank Windhoek’s Head of Specialist Finance, Saara Shivute, at the recent Bank Windhoek Coastal Estate Agent Awards. 
Shivute added that the most significant barrier to meeting the housing demand throughout Namibia is providing and delivering serviced land for development.

Ramos Realtors Namibia, Susan Curtis Estates and Monopoly Housing were declared the top three coastal estate agencies. Ramos Realtors Namibia retained the top position this year.  

Michelle Herbst of Versatile Realty was the Achiever of the Year in the Commercial category and Lorin Burger from Susan Curtis Estates won the Gold Award for Achiever of the Year in the Residential category. Ramos Realtors Namibia’s Claudia Lofty-Eaton won silver, while Velia Liebenberg from Henties Bay Estates came third in the Residential category. Burger and Lofty-Eaton were also recognised for submitting loan business to Bank Windhoek of between N$13 and N$18 million. Liebenberg was recognised for bringing in business between N$7 and N$11 million. 

According to Shivute, 2022 was challenging, with an interest rate increase of 175 basis points over a short seven-month period, and another increase expected soon.

Aiming for expansion
Burger and Curtis said 2022 was excellent. “We had a massive demand from local and foreign buyers for high-end properties. There was also a gradual increase in the first-time homeowner’s sector,” said Burger.

She thanked Bank Windhoek for the excellent service offered to all her customers. “The Bank’s home loan consultants we deal with at the coast are fast, efficient and friendly. They make the process much easier,” she said. “We have a high demand and low supply of rental properties, so it is the perfect time to buy that well-priced investment property.”

The Bank Windhoek Annual Estate Agent Awards recognises residential and commercial estate agents, agencies, and developers, from the coastal, central and northern regions, for their commitment, loyalty, and support to Bank Windhoek and its customers. The central region event took place on 20 April 2023, in Windhoek. 


From left to right: Bank Windhoek’s Swakopmund Branch
Manager, Paul Schrader; the Bank’s Managing Director,
Baronice Hans and Bank Windhoek’s Walvis Bay Branch
Manager, Jans Stander, congratulate Lorin Burger (second from
right), from Susan Curtis Estates.


Bank Windhoek’s Head of Specialist
Finance, Saara Shivute