2 bedroom Bungalow for sale in Matugga Wakiso Uganda, code: 176111
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House on sale seated on 50/100ft of private mailo land with ready title located at Matugga kavule just 2 kilometers from main road.
It has 2 bedrooms, sitting, dining plus 1 boys quarters.
Price 60million Ugx.
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🏚️Balcony
🌹Garden area
🚘Lots of parking
🏘️Playground
🏚️Porch
🏘️Servants quaters
🏞️Specious compound
🏡Veranda
🚧Wall fence
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QR CODE
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100+ RELATED PROPERTIES
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MBAALE DISTRICT REAL ESTATE MARKET TRÈNDS
Nestled in the scenic landscapes of eastern Uganda, Mbaale is emerging as a promising hub for real estate development. With a rich cultural heritage and a growing economy, this city is witnessing a real estate renaissance. In this blog, we'll delve into the key trends shaping the real estate landscape in Mbaale.
Historical origins
The name is commonly writen as Mbale from colonial times but is generaly pronounced as Mbaale. One theory links "Mbale" to the Gisu culture, a Bantu ethnic group in Uganda. According to this explanation, the name might be derived from the Gisu word "embaale," which translates to "plain" or "open space." This refers to the area where the city of Mbale is situated, which was originally an open grassland.
1. Rapid Urbanization and Infrastructure Development:Mbaale is experiencing significant urbanization as people migrate from rural areas to urban centers in search of better opportunities. This influx has fueled the demand for housing and commerci
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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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UNDERSTANDING THE LAND TENURE IN UGANDA AND ITS IMPACT ON REAL ESTATE OWNERSHIP
Uganda is a country with a complex land tenure system, which has significant impacts on real estate ownership. The system is a result of a mix of different land tenure systems inherited from Uganda's colonial past, which have evolved and adapted to the country's changing political, social, and economic circumstances. In this blog, we will examine the different types of land tenure in Uganda and their impact on real estate ownership.
Mailo Land: Mailo land is a type of land tenure system that was introduced in Uganda during the colonial period. It is prevalent in central Uganda, where it covers about 30% of the land area. Mailo land is a freehold system where the land is owned by individuals or families who have the right to use, sell, or lease it. However, the landowners only have ownership rights to the surface of the land, as the government retains ownership of the minerals and subsoil.
The main challenge with the Mailo land system is that it has led to fragmented landowner
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DON'T WAIT TO INSTALL THE RED APP, INSTALL THE RED APP AND WAIT.
As the real estate market continues to evolve and expand, keeping up with the latest trends and properties can be a daunting task. However, with the Real Estate Database (RED) App, you can easily stay up-to-date on all the latest listings and market information by simply installing the RED App and then wait for notifications and alerts related to real estate.
The RED App is a powerful tool designed to help buyers, sellers, and investors make informed decisions about real estate transactions. With its intuitive interface and advanced search features, you can easily find the perfect property that meets your specific needs and budget.
So why should you download the RED App? Well, for starters, it offers a comprehensive database of properties from all over the world. From luxury homes to commercial properties, the RED App has it all. You can browse through photos and virtual tours of properties, as well as get detailed information about each listing, such as price, location, and
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WHAT EXACTLY IS THE RELATIONSHIP BETWEEN INTEREST RATES AND REAL ESTATE?
Understanding the dynamics between interest rates and real estate is crucial for investors, homebuyers, and anyone interested in the housing market. Interest rates have a significant impact on various aspects of real estate, influencing everything from mortgage costs to property values. Here’s a closer look at how interest rates affect the real estate market and the broader implications for buyers and investors. The Basics of Interest Rates.Interest rates represent the cost of borrowing money. They are determined by a variety of factors, including inflation, economic growth, and monetary policy set by central banks. When interest rates are low, borrowing becomes cheaper, which generally encourages spending and investment. Conversely, higher interest rates increase borrowing costs, leading to decreased consumer spending and investment. 1. Impact on Mortgage Rates.One of the most direct ways interest rates influence real estate is through mortgage rates. Mortgage rates tend to rise
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DON’T BUY A HOUSE IN UGANDA BEFORE YOU READ THIS BLOG.
Buying a house is a monumental decision, especially in a dynamic and evolving real estate market like Uganda's. It's not just about finding a place to live; it's about making a substantial financial commitment that can shape your future. Before you take the plunge, there are several critical factors you need to consider to ensure that your investment is sound and your new home meets your expectations. Understanding the Ugandan Real Estate Market.The Ugandan real estate market has seen significant growth over the past decade, driven by urbanization, economic development, and a burgeoning middle class. However, this growth comes with its own set of challenges and intricacies that every prospective homeowner should be aware of.1. Market Volatility. Property prices in Uganda can be highly volatile. While some areas, particularly in Kampala and other major cities, have seen rapid appreciation, others have not. Conduct thorough market research or consult with a knowledgeable real estate age
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UNVEILING THE SECRETS OF FINDING AFFORDABLE PROPERTIES ONLINE WITH THE REAL ESTATE DÁTABASE (RED).
In an era dominated by technology, the quest for affordable properties has evolved from traditional methods to a digital revolution. The Real Estate Database (RED) has emerged as a game-changer, empowering prospective buyers to explore a vast array of properties at their fingertips. This blog delves into the dynamics of how everyone can now uncover affordable properties online through the lens of the Real Estate Database.The Rise of Online Property Search:Gone are the days of flipping through newspaper listings and physically scouting neighborhoods. The advent of online real estate platforms, especially the Real Estate Database or Lamudi or Realtor Uganda, has streamlined the property search process. Users can now access a plethora of listings, complete with detailed descriptions, high-resolution images, and virtual tours, all from the comfort of their homes.User-Friendly Interface:One of the key reasons why everyone can find affordable properties online is the user-friendly interface
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AFFORDABLE HOUSING VS APARTMENTS, WHAT’S THE RELATIONSHIP?
Affordable housing is a critical issue worldwide, and in Uganda, it has taken on a unique meaning. In many parts of the world, affordable housing refers to various forms of housing options that are within financial reach of the average household, including single-family homes, duplexes, townhouses, and apartments. However, in Uganda, the term affordable housing has become synonymous with apartments, this unique relationship stems from several economic, social, and urban development factors. The Housing Challenge in Uganda.Uganda, like many developing countries, faces a significant housing deficit. Rapid urbanization, population growth, and limited land availability have contributed to this shortage. The country's urban areas, particularly Kampala, are experiencing an influx of people seeking better economic opportunities, leading to increased demand for housing. Apartments: The Face of Affordable Housing.In Uganda, apartments have emerged as the primary solution to the affordable housi
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A VERY BIG THANK YOU TO ALL REAL ESTATE AGENTS WHO HAVE SUPPORTED THE REAL ESTATE DÁTABASE (RED) THIS YEAR.
As the year draws to a close, we at the Real Estate Database (RED) want to take a moment to express our deepest gratitude to all the real estate agents who have supported us throughout this year. Your commitment, professionalism, and collaboration have been the driving force behind our success. We sincerely appreciate every listing you've shared, every property you've marketed, and every effort you've made to make RED the trusted platform it is today.You are the heartbeat of the real estate industry, and your contributions have helped us connect countless buyers, renters, and investors with their dream properties. Together, we've achieved remarkable milestones, from increasing lead generation to facilitating faster property sales. This year wouldn't have been as successful without your partnership, and for that, we say a big THANK YOU! An Invitation to Non-Members.To all real estate agents who are not yet part of the RED family, we warmly invite you to click here to subscribe right now
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 176111
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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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