3 bedroom Bungalow for sale in Nalumunye Wakiso Uganda, code: 163534
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Brend new house for sale seated on 12decimals of private mailo land title located at Nalumunye Jomayi Estate.
It has 3bedrooms, 2bathrooms, sitting room, dining room, and morden kitchen.
Asking price 300million Ugx negotiable
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🏚️Balcony
🌹Garden area
🚘Lots of parking
💠Paved compound
🏘️Playground
🏞️Specious compound
🏡Veranda
🚧Wall fence
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QR CODE
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100+ RELATED PROPERTIES
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WHAT EXACTLY IS A QUICK SALE OR FORCED SALE, AND WHAT ARE THE ATTRIBUTES?
Quick sale and forced sale are both terms commonly used in the real estate industry to describe different types of property sales.
A quick sale refers to a situation where a property owner wants to sell their property quickly, often because they need the funds urgently or because they want to avoid a lengthy sales process. In a quick sale, the property is usually sold below its market value, and the transaction is completed quickly, often within a few days or weeks.
On the other hand, a forced sale is a type of sale where the property owner is compelled to sell their property due to external factors. These factors could include a court order, foreclosure, or bankruptcy. In a forced sale, the property may be sold at a lower price than its market value, and the sale is usually completed quickly to meet legal or financial obligations.
In both cases, the property is typically sold quickly, but the main difference is that a quick sale is voluntary, while a forced sale is of
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COMMON PROPERTY MANAGEMENT MISTAKES TO AVOID.
Property management can be a rewarding venture, providing a steady income stream and potential for long-term growth. However, it's not without its challenges. Whether you're a seasoned property manager or just starting out, avoiding common mistakes is essential to ensuring success and maintaining a positive reputation in the industry. In this blog, we'll explore some of the most frequent property management mistakes and offer valuable tips on how to steer clear of them.
Neglecting Regular Maintenance:
One of the most significant mistakes property managers can make is neglecting routine maintenance. Failing to address maintenance issues promptly can lead to more significant problems down the line and create a negative experience for tenants. To avoid this, set up a proactive maintenance schedule, conduct regular inspections, and encourage tenants to report issues promptly. Investing in preventive maintenance can save you time, money, and headaches in the long run.
Inadequate
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THE MORTGAGE APPLICATION PROCESS IN UGANDA AND THE STEPS INVOLVED.
In Uganda, obtaining a mortgage can be a daunting task for many prospective homebuyers due to the complexities of the application process. However, with a clear understanding of the steps involved and the requirements necessary, navigating the process can be a lot easier. In this article, we'll take a closer look at the mortgage application process in Uganda and offer some tips to help you secure a home loan.
Step 1: Determine Your Eligibility
The first step in applying for a mortgage in Uganda is to determine your eligibility. To be eligible for a mortgage, you must be a Ugandan citizen or a legal resident of Uganda. Additionally, you must have a regular source of income and a good credit score. The lender will also consider the value of the property you intend to purchase, as well as the down payment you are willing to make.
Step 2: Shop Around for Lenders
Once you have determined your eligibility, the next step is to shop around for lenders. Different lenders have differ
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THE QUEST FOR COMPREHENSIVE REAL ESTATE REPORTS BEYOND KAMPALA.
Real estate professionals and investors consistently seek updated and accurate reports on the real estate sector to make informed decisions in their daily operations and also provide valuable advice to their clients. It's evident that while most available real estate reports in Uganda are doing a very good job, they focus on Kampala where the major players operate.
However, many real estate professionals are eager for reports that encompass a broader scope, covering regions beyond Kampala. This is crucial, as there are numerous buyers and sellers with interests extending beyond the confines of Kampala.
Data reporting challenges.At the Real Estate Database (RED), we have identified two significant challenges in aggregating real estate data into reports. First, the lack of specialized manpower and the capacity to invest time and resources in researching and processing vast amounts of data. Second, the online analytics data often contains a vast number outliers due to speculat
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🇺🇬 THE ROLE OF REAL ESTATE IN UGANDA’S INDEPÈNDENCE JOURNEY.
Uganda, often referred to as the "Pearl of Africa," is a country with a rich history and a diverse cultural heritage. Its journey to independence in 1962 marked a significant turning point in its history. While political leaders and activists played a pivotal role in the struggle for independence, it's essential to recognize the less-discussed but equally crucial role that real estate played in shaping the nation's destiny. In this blog, we will explore how real estate contributed to Uganda's independence journey.The Colonial Legacy.Before delving into the role of real estate in Uganda's independence, it's essential to understand the colonial legacy that shaped the country's socio-economic landscape. Uganda was under British colonial rule from 1894 to 1962, and during this period, the British established a structured land tenure system that significantly influenced the distribution of land and resources.1. Land Dispossession: The colonial authorities introduced a system of land ownersh
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ENCOURAGING TIMELY RENT WITH INCREMENTAL FEES AND SMALL PAYMENTS.
In property management, maintaining timely rent payments is crucial for smooth operations and financial stability. Implementing an effective system for managing late fees can significantly impact tenant behavior and improve cash flow. An incremental late fee structure, combined with encouraging small, frequent payments, can address these challenges efficiently.Incremental Late Fees: Creating a Sense of Urgency.One effective strategy to ensure timely rent payments is to implement incremental late fees. This approach means that the longer tenants delay their payments, the higher their late fees become.
For instance, a tenant who misses the due date might incur a modest fee, but if the payment is delayed further, the fee increases progressively. This structure serves to emphasize the growing cost of procrastination and motivates tenants to pay their rent promptly.By applying this incremental model, tenants are more likely to prioritize their rent payments, as they are aware that
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A HOME LOAN OR A MORTGAGE, WHAT’S THE DIFFERENCE?
When it comes to financing a new home, you may have encountered the terms "home loan" and "mortgage." Although they are often used interchangeably, there are subtle differences between the two. Understanding these distinctions is crucial for anyone considering homeownership or seeking financial assistance to purchase a property. In this blog post, we will delve into the dissimilarities between a home loan and a mortgage, helping you make an informed decision.
What is a Home Loan?
A home loan, also known as a housing loan or a property loan, is a broad term that refers to the borrowing of funds from a financial institution to purchase a residential property. The lender, typically a bank or a mortgage lender, provides the borrower with the necessary funds to acquire a home, which is then repaid over a specified period of time. Home loans can be obtained for various types of residential properties, including houses, apartments, or condominiums.
Key Features of a Home Loan:
Loan Am
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Bangalow
| Location -
Bulenga
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| District -
Wakiso
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| Type -
Bungalow
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Size -
three bedroom
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| Status -
For Sale
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Code - 217938
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Ugx 300,000,000
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WHAT DO YOU NEED TO START BUILDING A HOUSE IN UGANDA?
Building a house is a significant undertaking that requires careful planning and consideration. In Uganda, a country known for its diverse landscapes and vibrant culture, the process of constructing a home involves several key steps and considerations. Whether you're a first-time homeowner or an experienced builder, understanding the essentials is crucial. In this guide, we'll explore the fundamental elements you need to start building a house in Uganda.1. Land Acquisition:The first step in building a house is acquiring suitable land. In Uganda, this involves navigating through land ownership laws and ensuring that the chosen plot is free from disputes. Verify the land title, boundaries, and ownership details to avoid legal complications later in the process.2. Legal and Regulatory Compliance:Familiarize yourself with Uganda's building codes and regulations. Obtain the necessary permits and approvals from local authorities. Compliance with these regulations ensures that your constructi
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WHAT EXACTLY IS COMMINGLING IN REAL ESTATE, AND HOW DOES IT APPLY TO REAL ESTATE AGENTS
Commingling is a term that is commonly used in the real estate industry. It refers to the practice of mixing clients' funds with the real estate agent's own money in a single account. In other words, commingling is when a real estate agent uses their clients' money for personal use or puts it in their own account.
Commingling can have serious consequences for both the real estate agent and their clients. For example, if a real estate agent is found to be commingling their clients' funds, they can lose their license and face fines or other penalties. Clients, on the other hand, may lose their money or have their transactions delayed or disrupted.
Real estate agents are required to follow strict regulations when it comes to handling their clients' funds. These regulations are designed to protect clients from fraud and ensure that their funds are used for the intended purpose. For example, real estate agents are required to maintain separate accounts for their clients' funds and
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 163534
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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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