The process of opening your own business in Namibia can be a long and arduous one, especially if you’ve never gone through it before. Whether you’re looking to start an online business or an offline business, there are many factors that will affect how much it costs you to rent your shop in Namibia, whether that’s a retail storefront, office space or warehouse. Start your research by reading this comprehensive guide on how much shop rentals cost in Namibia and what to expect from the costs involved with starting your own business in this country.

How much are shop rentals in Namibia?

When it comes to renting a commercial space, this is what you should know about shop rentals in Namibia. 1) The going rate for rent per square meter varies by location, with the cost of rent being higher in affluent areas and lower in poorer communities. Shop rentals can cost between N 5,000 – N 50,000 per month.

Location, Location, Location

The location of your store is crucial to the success of your business. Location, Location, Location! Think about where you want to be located and what type of customers you want to attract. Think about how much rent you’ll have to pay for that location. Your decision may depend on whether you can afford the rent, or if it’s a good place to attract customers.

The Size of the Shop

In order to calculate how much you’ll pay for your shop rental, it’s important to consider its size. Smaller shops usually cost between N$2,000 and N$3,000 per month, while larger shops can cost up to N$6,000 or more. Generally speaking, the pricier the shop is the more expensive it will be to rent.