2 bedroom Apartment for rent in Najjera Kampala Uganda, code: 160857
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self contained with an open kichen well saturated in modern developed neighborhood
comes with spacious livinroom
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QR CODE
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100+ RELATED PROPERTIES
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WHAT IS DUAL AGENCY IN REAL ESTATE AND HOW DOES IT WORK?
Real estate transactions can be complicated and confusing, especially for first-time buyers or sellers. One term that often comes up in real estate is "dual agency." In this blog, we will discuss what dual agency means in real estate and how it works.
What is Dual Agency?
Dual agency occurs when a real estate agent represents both the buyer and the seller in the same transaction. This means that the agent is acting as a representative for both parties and owes them both a fiduciary duty. A fiduciary duty means that the agent must act in the best interest of their clients, including protecting their confidential information, negotiating on their behalf, and disclosing any relevant information about the property.
Dual agency is legal in many countries. In countries where dual agency is allowed, the agent must disclose this to both the buyer and the seller and obtain their written consent before proceeding with the transaction.
How Does Dual Agency Work?
When an agent represe
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MORNING MARKET BRIEF - THURSDAY, DECEMBER 12, 2024
Introduction: Welcome to the Daily Morning Market Brief, where we provide the most current insights on Uganda's real estate market. Never begin your day without reading or listening to this brief, or else you risk missing the pulse of the local real estate market. Overview: Uganda's real estate market continues to thrive, with the focus gradually shifting to affordable housing in urban areas. Major cities like Kampala, Jinja, and Entebbe are experiencing an influx of construction projects.Snapshot: The market is characterized by a growing demand for commercial and residential properties. High-end neighborhoods like Kololo and Nakasero are seeing an increasing interest from investors.Update: A surge in the construction of affordable housing units is happening in suburbs such as Kira, Ntinda, and Najjera. These areas continue to attract a younger demographic, looking for their first homes.Trend: The trend of urbanization continues to influence the real estate market. More people are movi
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THE MOST EXCITING PROPERTY MANAGEMENT TRÈNDS AND EMERGING INDIGENOUS COMPANIES TO WATCH
Property management in Uganda is a rapidly growing industry with more and more companies offering these services to both residential and commercial property owners. The following are some of the trends and companies that are shaping the property management industry in Uganda.
PROPERTY MANAGEMENT TRENDS.
Technology Adoption: With the rise of technology, property management companies are using software and tools to automate their operations. This has led to improved efficiency and accuracy, reducing the margin of error and allowing property managers to focus on providing better services to their clients.
Virtual Tours: Property management companies are increasingly offering virtual tours to potential tenants and buyers. This allows them to view properties from the comfort of their own homes, saving time and also reducing the need for in-person visits to some of the properties that may not fit within the clients needs while focusing on those that are relevant.
Co-Wor
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DID YOU KNOW THAT REAL ESTATE AGENTS ...
Beyond the familiar image of professionals helping you buy or sell a home, there's a wealth of knowledge and intricacies to explore. Join us as we unravel the lesser-known aspects of real estate agents with intriguing facts about them
1. Did you know that real estate agents undergo extensive training?Real estate agents often complete rigorous training programs to improve efficincy. This training includes learning about real estate laws, market trends, negotiation strategies, and ethical standards.2. Did you know that real estate agents can specialize in niche markets?Some real estate agents specialize in specific types of properties or markets, such as luxury homes, commercial real estate, or vacation properties. This expertise allows them to provide tailored services to clients with unique needs.3. Did you know that real estate agents use advanced technology in their work?From virtual tours and drone photography to advanced data analysis tools, real estate agents leverage cut
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HOW TO BUY A HOUSE IN INSTALLMENTS IN UGANDA.
Purchasing a home represents a substantial financial commitment, and for numerous individuals in Uganda, paying the entire cost upfront can pose a formidable hurdle. Fortunately, there exist viable alternatives that can transform the aspiration of homeownership into a tangible reality.
One such avenue is the practice of acquiring a property through incremental payments, often referred to as "pay as you go" or "pay mpola mpola." In this article, we will delve into the intricacies of purchasing a property in Uganda through installment payments, providing you with essential insights to guide you through the process.
Determine Your Budget: The first step in buying a house in installments is to determine your budget. This will help you determine what type of property you can afford and what the monthly payment will be. It's also essential to have a clear understanding of your financial situation and any debts or obligations you may have.
Find a Reputable Developer or Real Estate
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DO YOU QUALIFY FOR A MORTGAGE IN UGANDA?
Qualifying for a mortgage in Uganda can be a significant financial milestone for individuals looking to purchase property. However, it is important to understand the requirements and qualifications before applying for a mortgage. Here are some factors that lenders typically consider when determining whether an individual qualifies for a mortgage in Uganda:
Credit score: Your credit score is a key factor that lenders consider when determining whether you qualify for a mortgage. A credit score is a numerical value that represents your creditworthiness and indicates how likely you are to repay a loan. In Uganda, a credit score of at least 550 is typically required to qualify for a mortgage.
Income: Lenders will also look at your income to determine whether you can afford to make mortgage payments. You will need to provide proof of income, such as pay stubs or tax returns, to show that you have a stable source of income.
Employment history: Your employment history is
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HOW TO SURVIVE AN EARTHQUAKE WHILE IN YOUR HOME.
Uganda is not known for being a seismically active region, and earthquakes in the country are generally infrequent and minor in magnitude. However, there have been some notable earthquakes that have caused damage and casualties.
One of the most significant earthquakes in Uganda's history occurred on September 30, 1994, with a magnitude of 5.2. The earthquake was centered in the Kasese district of western Uganda, near the border with the Democratic Republic of Congo. The earthquake caused extensive damage to buildings and infrastructure in the region, with several people reported killed and many more injured.
The most recent earthquake that struck Turkey and Syria has been a lesson for all of us. The earthquake resulted in widespread damage, injuries, and loss of life. The tragic event has reminded us of the immense power of nature and the importance of being prepared for such disasters.
Earthquakes can be unpredictable and dangerous natural disasters. Here are some general t
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PROPERTY MANAGERS ARE MISSING IN THE LANDLORDS AND TENANTS ACT
Property managers are (in)famous for evicting tenants. A tenant who was once thrown out of his apartment (read premises) will never forget the property manager who threw him out.
It so happens that most of the times I have interacted with property managers, they will occasionally make or receive a call from a problematic tenant and then exchange tough words in my presence.
The very first property manager I interacted with in Uganda is called Andrew Mukiibi from Premier Property Lettings Ltd, that was way back in 2006 when i was trying to make my entry into the real estate industry, at that time, his office was on 1st street, next to what was then known as Ange Nior Discotheque.
When I went to his office, I found him in a very horrible mood as he was in the midst of a heated and lengthy phone argument with a problematic tenant at the time when I arrived.
I even contemplated rescheduling my meeting with him based on the assumption that our meeting may be affected by his mood, and thu
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IS BUYING PROPERTY WITH EXISTING TENANTS A SMART INVESTMENT OR A POTENTIAL HEADACHE?
The real estate market is a complex and dynamic landscape, presenting various opportunities for investors to expand their portfolios. Among the many options available, purchasing a property with existing tenants has become an attractive choice for savvy investors. While this approach offers potential benefits, it also comes with its fair share of challenges and considerations. In this blog, we will explore the pros and cons of buying property with existing tenants, shedding light on whether it's a smart investment or a potential headache.
The Pros:
Immediate Cash Flow: One of the most significant advantages of buying a property with existing tenants is the immediate cash flow it generates. As the new owner, you inherit the rental income without the need to search for new tenants, which can provide a stable source of income from day one.
Reduced Vacancy Risk: Vacant properties can quickly drain an investor's finances, but acquiring a property with existing tenants mitigates
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ENTER YOUR DETAILS BELOW AND BONNY WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 160857
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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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