5 bedroom Storeyed house for sale in Kyanja Kampala Uganda, code: 120863
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5 bedrooms mansion for sale at kyanja after kisasi, it has 4 bathrooms and toilets in a well-organized developed estate with 2 servants quarters in a wall fence on 25 decimals. The price is 650m. Call us on 0414662954 /0753100355 /0774755146 to arrange a viewing appointment
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100+ RELATED PROPERTIES
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WHY DO SOME UGANDAN LANDLORDS THINK THEY ARE ABOVE THE LAW? In Uganda, the relationship between landlords and tenants is often fraught with tension and misunderstandings. One prevailing issue is the perception that many landlords behave as if they are above the law. This behavior stems from a complex interplay of cultural, legal, and socio-economic factors.
To understand this phenomenon, we must delve into the intricacies of Uganda's rental market, legal framework, and societal norms. Here are some concrete examples that illustrate why many Ugandan landlords feel empowered to act beyond the law. Historical and Cultural Context.In Uganda, land ownership carries significant historical and cultural weight. Traditionally, land and property have been seen as symbols of wealth and power. This deep-rooted cultural perspective often influences the behavior of landlords, who may view themselves as having unquestionable authority over their property. Example. In rural areas, landlords who own land passed down through generations often see themse
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REAL ESTATE AGENT COMMISSIONS, ARE THEY JUSTIFIED OR EXCESSIVE?
Buying or selling a property is a significant financial transaction, and for most people, it's one of the most substantial investments they'll make in their lifetime. When engaging in the real estate market, many individuals seek the assistance of a real estate agent to navigate the complexities of the process. However, one aspect that often raises questions and sparks debates is the commission structure that agents charge for their services. Are real estate agent commissions justified, or do they lean towards being excessive? In this blog post, we will delve into the topic and explore both perspectives.
Understanding Real Estate Agent Commissions
Real estate agent commissions are typically calculated as a percentage of the final sale price of a property. The industry standard can vary, but it often ranges from 3% to 10% of the sale price. The commission is typically split between the buyer's agent and the seller's agent, with each receiving a percentage of the total commission.
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HOW DO PROPERTY BUYERS USE TECHNOLOGY IN THEIR HOME SEARCH? Real estate has undergone a remarkable transformation in recent years, largely driven by advancements in technology. Gone are the days when property buyers had to rely solely on physical visits and printed listings to find their dream homes.
Today, technology has become an indispensable tool in the home search process, providing buyers with a wealth of information and resources at their fingertips. In this blog, we will explore the ways in which property buyers leverage technology to streamline and enhance their home search.1. Online Property Listings.One of the most significant ways technology has revolutionized the home search is through online property listings. Real estate websites and mobile apps like Lamudi Uganda, Realtor Uganda, and Real Estate Database have become go-to platforms for property buyers. These platforms provide a vast database of listings, complete with detailed property descriptions, high-quality photos, virtual tours, and even 3D walkthroughs. Buyers can easily
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HOW CAN YOU IDENTIFY SERIOUS PROPERTY BUYERS?
If you're a real estate agent or a property seller, one of the most important things you need to do is to weed out the tire-kickers from the serious buyers. A serious buyer is someone who is genuinely interested in buying the property, has the financial means to do so, and is ready to move forward with the purchase. Being able to identify these buyers can save you time, money, and effort and increase your chances of a successful sale.
Here are some tips on how to tell if a property buyer is serious:
They have their finances in order. A serious buyer will have their finances in order and be pre-approved for a mortgage. They will have already spoken to a lender or mortgage broker and have a pre-approval letter that states how much they can afford to spend on a property. This means they have done their homework, know their budget, and are ready to make an offer when they find the right property.
They have specific requirements. A serious buyer will have a clear idea of what they
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HOW I BUILT A SUCCESSFUL PROPERTY MANAGEMENT BUSINESS FRÓM SCRATCH.
Starting a property management business from scratch can be both challenging and rewarding. As an entrepreneur, I embarked on this journey with a vision to provide exceptional services to property owners and tenants while building a thriving and sustainable business. In this blog, I will share my experience and the steps I took to create a successful property management business from the ground up.
Vision and Market Research
The first step in building my property management business was to define a clear vision. I envisioned a company that would prioritize client satisfaction, transparency, and efficiency. Before diving in, conducting thorough market research was crucial. I analyzed the demand for property management services in my target area, identified my competitors, and understood the needs and pain points of property owners and tenants.
Creating a Solid Business Plan
With a clear vision and market insights in hand, I proceeded to create a comprehensive business plan
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MORNING MARKET BRIEF - WEDNESDAY, DECEMBER 18, 2024 Introduction: Welcome to your Daily Morning Market Brief, an indispensable guide to Uganda's vibrant real estate market. Delivered by Real Estate Database (RED), this brief gives you a comprehensive overview of the market, gleaning insights from the latest data and trends. Remember, starting your day without perusing the Morning Brief, Situation Report, Market Overview, or Status Report is like navigating the real estate market with a blindfold. Let's dive right in. Overview: The Ugandan real estate market is experiencing an exciting phase. Cities and towns across the country, such as Kampala, Jinja, Mbarara, and Gulu, are witnessing a surge in real estate activities. The market is alive with opportunities and challenges, making it a thrilling space for investors, buyers, and sellers alike.Snapshot: Currently, there is a notable uptick in demand for residential properties, especially in upscale neighborhoods like Kololo, Muyenga, and Nakasero. Meanwhile, commercial properties in the ce
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USING THE POWER OF RELATED PROPERTIES TO SIMPLIFY YOUR PROPERTY SEARCH EXPERIENCE. When browsing for properties on the Real Estate Database (RED), one of the standout features that enhances your property search experience is the Related Properties section. This section goes beyond providing simple browsing, offering buyers a well curated list of properties that closely match their preferences based on their initial selection or search.Once a buyer clicks on a listing, the chosen property is displayed on its own dedicated page, featuring all the relevant details such as pictures, specifications, and a detailed description. To further engage potential buyers, the page includes a call to action and other interactive features. But one of the most valuable additions is the "Related Properties" section, found towards the bottom of the details page for each property.This section does exactly what the name suggests, it shows listings related to the property the buyer is currently viewing. However, the magic lies in how these properties are related. RED uses various criteria
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HOME SALES TÈND TO RISE AFTER BIG ELECTIONS. CAN IT HAPPEN IN 2026? In many countries, including Uganda, the real estate market often experiences fluctuations in response to major political events, such as national elections. This phenomenon, where home sales tend to rise after big elections, can be attributed to various factors. As Uganda approaches its next significant election cycle in 2026, it is worth exploring whether this trend might manifest and what factors could influence such an outcome. Historical Trends and Factors.1. Political Stability and Consumer Confidence.
Political Clarity. After elections, there is usually a period of political clarity and stability, especially if the elections are perceived as free and fair. This stability can boost consumer confidence, leading to increased investments in real estate.
Government Policies. elected government policies and reforms often follow elections. These can include incentives for homebuyers, reduction in interest rates, or new housing schemes, all of which can stimulate the h
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CONSULTATIVE MEETING ON REAL ESTATE REGULATION AND LICENSING WITH SRB: WHAT TO EXPECT. As Uganda's real estate industry continues to grow, regulation and licensing have become critical topics for all stakeholders. To address these concerns, the Association of Real Estate Agents (AREA) is organizing a pivotal meeting titled "Consultative Meeting on Real Estate Regulation and Licensing with SRB." This event will take place on Friday, 30th August 2024, from 3 pm to 5 pm at the Uganda Business Facilitation Center. The meeting is expected to feature representatives from the Surveyors Registration Board (SRB), the body currently responsible for registering real estate agents nationwide. Why This Meeting Is Important.This upcoming meeting is significant as it occurs when the real estate sector in Uganda is rapidly evolving. With the SRB actively involved in registering real estate agents, there is a pressing need for clear guidelines and robust regulatory frameworks to ensure all agents operate within the law and maintain the highest professional standards. AREA is expected to
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ENTER YOUR DETAILS BELOW AND POSH WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 120863
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INSTALLMENT PAYMENT INQUIRY FORM
Please fill out the inquiry form below with all required details. You will receive a response from Goldmine Finance within 48 hours, advising you on installment payment options for your preferred property based on the information provided.
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