Namib Bou will facilitate the entire process for clients who are able to afford to pay for their own home. Our existing client loans currently range from between N$250 000 to N$650 000 and typically include a packaged deal that consists of a serviced erf as well as the actual home.
Developments will also be conducted in the middle or higher income groups. The objective of these developments is to utilize the profits to cross-subsidize the lower income housing initiatives.
Please note that a client can select the bank of his/her own choice and that end-user (homeowner) finance will not be limited to Bank Windhoek. Bank Windhoek, does however endeavour to finance between at least 25%-30% of the housing facilitated by Namib Bou.
It is important to note that Namib Bou does not engage in any form of construction work, but should the need for building construction arise, it will be contracted out on a tender basis.