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The property is situated on 1940 square meters of land at the end of a cul de sac and approximately 10 minutes walking distance from the City center of Windhoek, the Capital of Namibia.
On the property are two main buildings, one being a double story containing 12 guest rooms, ten of which are double rooms, and two are family rooms with 3 and 4 beds providing sleeping facilities for a total of 27 persons. The size of the rooms is between 20 and 25 square meters each. Each room has an en-suite bathroom with hot and cold running water, toilet and showers. Three have bathtubs as well.
All rooms contain a lockable wardrobe, writing desk with chair, two easy chairs with coffee table, ceiling fan, dressing table, hair dryer and mirror, radio, mini bar fridge, television, coffee making facilities and telephone with wake up call system. All beds are comfortably fitted with highest grade mattresses and linens. The laundry is also contained in this building which was constructed in November 1993.
The other building is the original home which was built in 1956 and converted in 1992. It contains the breakfast room and reception area of approximately 95 square meters, the kitchen and scullery with all necessary equipment, staff toilet and change room, the manager's residence which consists of a large 36 square meter living room, 4 bedrooms between 15 and 20 square meters, one of which is being used as the office, 2 bathrooms, an atrium and a double garage.
Adjacent and between these two building is a small garden which contains a bar, hot and cold buffet dining facility which seats approximately 35 persons, guest toilets and storage room. Ample guest parking is provided and the outer perimeter of the property is walled with electrically operated gates.
We started operating in December 1993 and have since enjoyed an excellent return with an average bed occupancy of around 70%. Due to health reasons, we are now offering this sale. Our guests are mostly German tourists although the rest of Europe to include British, French and Italian are now also discovering Namibia as a wonderful tourist destination. At this time, we are currently booked to October of this year.
Our hotel has been awarded Merit Awards for the 1994/95 and 1996/97 seasons. We are especially proud of the 1996/97 award of the prestigious "Best Hotel Garni" in Namibia! We are listed and recommended in most German Tour Guides as well as in many other European Guides.
We will naturally provide full details of our operation to seriously interested buyers. All property and equipment is included in the sale price.
The mainstays of Namibia's economy are mining, agriculture and fishing while tourism is the fastest expanding industry. The free market economy and the Government's commitment to promoting free enterprise make this a most favorable investment climate. The country has an excellent infrastructure, one of the most advanced telecommunications systems in Africa and the highest quality medical services.
Because of its German Colonial past, Namibia still has a strong German 'atmosphere', but since independence, English is the official language. The local currency, the Namibian Dollar, is linked to and has the same value as the South African Rand (R) which is also legal tender in Namibia.
Asking price is 4,000,000 (Four million Namibia Dollars)
(Approximately $810,000 (Eight hundred, ten thousand US Dollars at today's exchange rate)
Hotel Pension Moni
PO Box 2805
7 Rieks van der Walt Street
Windhoek, Namibia
Phone: 264-61-228350
Fax: 264-61-227124
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