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Guesthouse for sale in Katima Mulilo, Zambezi

N$ 3,650,000

Property Details

8 bedrooms
9 bathrooms
1 living areas

Agent Details

SK Namibia Premier Properties

Ruusa Shoowa

Ruusa Shoowa

+264 816087566
[email protected]

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Guesthouse for sale in Katima Mulilo, Zambezi

Guest house for sale in Kama Mulilo, Namibia. Selling price N$ 3.65mil Location and Surroundings: The property is located right on the Zambezi River in Kama Mulilo, a charming town in northeastern Namibia, right in the heart of the KAZA Park, one of the largest transboundary conservation areas in the world. The location is quiet yet close to the town center, making it ideal for tourism purposes. The beautiful tree coverage on the property creates a natural and relaxing atmosphere. Katima Mulilo serves as the central hub for tourism in the Zambezi Region (former Caprivi) and neighboring countries. All tourists pass through this town, yet there is currently no place offering lunch for tourists in transit, parcularly for those traveling by bus, within the limited time of their stop in Katima. Addionally, there is a lack of welcoming and affordable accommodation that caters to the needs of international tourists, especially Germans. Property Descripon: On this spacious property, with an area of 1,858 m², a guesthouse with a restaurant is currently under construction. The development is already well-advanced: - 7 Guest Bungalows: These bungalows will offer comfortable and authentic accommodations for tourists upon completion. They are largely complete, with walls and roofs constructed; only the interior finishing remains to be done. - Bar: The bar is also in the shell construction phase and will provide a cozy gathering spot for guests. - Restaurant: The restaurant will be designed to cater for a capacity of approx. 100 guests. The construction is currently underway. - Owner/Manager’s Residence: This owner/manager’s residence is on the premises, ensuring smooth operation of the guesthouse on-site. The accommodation has a completed kitchen, bathroom, toilet, and one bedroom. The second room is in the shell construction. In the same area, the workshop, tool room, and laundry are fully finished and operational. Tourism Potenal: Kama Mulilo is known for its proximity to the Zambezi rivers and the spectacular wildlife of KAZA Park. The town attracts numerous tourists each year who seek to experience the untouched nature of Africa. This project offers a unique opportunity to enter the thriving tourism sector in the region. Site Plan: The site plan illustrates the layout of the bungalows, the bar, the manager’s residence, and other facilies on the property. The thoughtful arrangement of the buildings and landscaped areas ensures a harmonious integration with the surroundings, maximizing comfort for future guests. Investment Opportunity: The project is available for immediate takeover, with the current price set at N$ 3.65 millions. Upon completion of the entire complex, the value is estimated to reach approximately N$ 7.3 million. This investment offers not only the potential for significant value appreciation but also long-term income through the operation of the guesthouse and restaurant. Ownership: The property is owned by the current owner, and the title deed is in place, ensuring a smooth transfer process. Contact: Ruusa ????+264 81 608 7566 SK Namibia Premier Properties

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