1 bedroom Rental units for sale in Namugongo Wakiso Uganda, code: 187806
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The rental units are a single rooms with stores and are fully occupied with tenants making 1,050,000 Ugandan Shillings per month. The agreement is solid, with the land measuring 50ft by 90ft. The property is located in Namugongo - Kiwango Town and is a great investment opportunity.
The rental units each have one bedroom and one bathroom, with a store room. They are well maintained and perfect for single professionals, couples, or families looking for a comfortable and convenient place to live. The units are located close to taxies, supermarkets, and banks, and have access to a wide range of public and private amenities.
The property has a secure perimeter wall. It is close to local schools, parks, and recreational facilities, making it ideal for families. It also has easy access to major roads and highways, making it ideal for commuters.
This property has a great potential for growth with the rental income and is a great investment opportunity. For those looking for a secure and safe place to invest in, this rental units offer a great opportunity.
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100+ RELATED PROPERTIES
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20+ LAWS GOVERNING REAL ESTATE IN UGANDA.
Real estate investment can be a lucrative venture in Uganda, but it also comes with its fair share of legal complexities. To avoid legal issues and ensure compliance, it's important for investors and property owners to be familiar with the laws and regulations governing the industry.
Here are some of the key laws that investors and property owners should be aware of:
The Land Act The Land Act is a law that has a significant impact on the real estate industry in Uganda. This law regulates various aspects of land ownership, management, and use, including the acquisition and transfer of land titles, leasehold transactions, and land disputes. The Land Act also sets out the procedures for registering land ownership and creating interests in land, such as mortgages, leases, and easements. Additionally, the law establishes the rights and obligations of landowners and occupiers, and provides for the management of public land. Compliance with the Land Act is essential for real estate inve
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THE RED’S ONLINE SUBSCRIPTION PAYMENT MODEL IS BETTER THAN THE PREVIOUS INVOICING MODEL.
The Real Estate Database (RED) has always strived to provide a seamless and efficient experience for its agents. Initially, we operated with an invoicing system for annual subscriptions. However, it quickly became clear that this model had significant drawbacks. Agents could delay payments for months, while using the active services as a means to extend their subscription without paying the full amount upfront. This not only caused cash flow issues for RED but also added administrative overhead in chasing down these payments.The Rise of Mobile Money: A Game-Changer.The introduction of mobile money completely transformed the way RED handles payments. By allowing online prepayments in smaller, manageable amounts, agents could now conveniently pay in advance without feeling the pressure of settling a large annual bill. This shift saved RED from the time and resources involved in collecting partial payments, which often required multiple trips.Why We Moved Away from the Invoicing Model.It
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THE MINIMUM SIZE OF LAND REQUIRED FOR A LAND TITLE IN UGANDA.
Obtaining a land title is a crucial step in establishing ownership, but there are regulations that dictate the minimum size of land eligible for titling. The Ministry of Lands, Housing, and Urban Development has a policy that limits the issuance of land titles for plots smaller than 12.5 decimals (approximately 0.125 acres or 0.051 hectares) or smaller than 50x100 feet (approximately 0.046 hectares) in size. Key Objectives of the Policy.
1. Encouraging Land Consolidation: By limiting titles for smaller plots, the policy aims to encourage the consolidation of small plots into more economically viable landholdings. This promotes better land utilization and encourages larger, more productive estates. 2. Simplifying Land Administration: Managing small, fragmented plots can be administratively complex and costly. By setting a minimum size requirement, the government reduces the complexities involved in land management.3. Promoting Efficient Land Use: Larger consolidated
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SIZE MATTERS, WHÈN CHOOSING A PROPERTY TO BUY OR RENT.
When it comes to selecting a property, there are numerous factors to consider. While location, price, and amenities often take the spotlight, one crucial aspect that should not be overlooked is size. The size of various elements within a property can significantly impact your living experience. From the size of the bedrooms and kitchen to the compound and sitting room, every dimension plays a role in creating a comfortable and functional living space. In this blog, we will delve into the significance of size when choosing a property and explore the impact it has on different areas of your home.
Size of the Bedrooms:
Bedrooms are your sanctuary, a space where you relax, rejuvenate, and find solace. The size of the bedrooms can greatly influence your comfort and the potential for personalized decoration. A spacious bedroom allows for ample furniture placement, promotes better airflow, and provides room for additional storage. Moreover, larger bedrooms offer a sense of openness an
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RED ANALYTICS REPORT. FRIDAY, NOVEMBER 1, 2024.
The RED Analytics Report is in fact a 30-day infographic snapshot of Uganda's Dynamic Property Market, The report for Friday, November 1, 2024, provides a live, real-time overview of Uganda's real estate activities over the past 30 days. By offering aggregated, continuously updated data on new listings, top-performing agents, key locations, trending categories, and top agencies, the report empowers buyers, sellers, investors, brokers, realtors and agents with the knowledge to make strategic decisions in an evolving market. Let's explore each section of the report in detail, while offering an insightful look into the trends that are currently shaping the property landscape. Active Listings: An Ever-Expanding Marketplace.The "Active Listings" section of the RED Analytics Report reflects the scope of properties currently available in Uganda's real estate market. With a total of 48,989 active listings, this section highlights the diversity of options available to potential buyers and
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FINDING THE BEST HOUSE MAIDS AND DOMESTIC WORKERS IN KAMPALA UGANDA
Finding reliable and professional house maids and domestic workers in Uganda can be a daunting task. Fortunately, several agencies specialize in providing well-trained staff for your household needs. Two of the best companies in this field are Bags Agency and Real Estates Uganda. Both are members of the Real Estate Database (RED), ensuring a standard of quality and reliability. Bags Agency.Bags Agency is a well-known name in Uganda for providing top-notch domestic workers. They offer a wide range of services, including house maids, nannies, cooks, and gardeners. The agency is dedicated to ensuring that all their workers are thoroughly vetted and trained to meet the highest standards of professionalism and reliability. Their website offers detailed information regarding how they work, allowing you to choose the best fit for your household needs.Bags Agency is also prominent in the real estate sector, offering properties for sale and rent across Uganda. This dual focus on real estate and
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100% ÈND OF YEAR HOLIDAY BONUS FOR ALL REAL ESTATE AGENTS IN UGANDA
At Real Estate Database (RED), we are thrilled to spread the festive cheers! to everyone who has supported us or engaged with us over the years, As a token of appreciation for your hard work and dedication throughout this year, we are excited to announce our end of year exclusive subscription bonus, reserved solely for real estate agents in Uganda!What's in the Bonus?Starting right now and extending until December 31st, 2024, all real estate agents in Uganda are eligible for an exclusive holiday subscription bonus of up to 100%! Yes, you read that right, a fantastic opportunity to boost your earnings in this period while the holiday makers (especially the diaspora) are still around town touring land and houses in your areas of operation.How Does it Work?It's simple! For every subscription made during this period, you will receive a bonus of 100% based on the subscription value. This is our way of saying thank you for your exceptional contributions to the RED family. For instance, subsc
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BECOMING THE BEST REAL ESTATE AGENT IN YOUR AREA.
Opening an office for your real estate operations is just the first step. To become the best real estate agent in your area, you need to work on building a strong reputation and a loyal client base. Here are essential tips to help you achieve that:
Form Partnerships
Partnering with the right candidate can be a game-changer for your real estate business. However, before entering into a partnership, you need to do your homework and assess your strengths and weaknesses. Look for a partner whose strengths complement your weaknesses and vice versa.
Once you have found the right candidate, sit down with an attorney to formalize the partnership. Define roles, expectations, and goals, and create clear terms of the agreement.
Build Online Presence
In today's digital age, having a strong online presence is essential to reach a wider audience. Here are some steps you can take to build your online presence:
Build a user-friendly website that looks professional and contains your c
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EXPLORING REAL ESTATE OPPORTUNITIES IN KAWEMPE DIVISION.
Unique Features of Real Estate in Kawempe.
Kawempe Division, situated in Kampala, Uganda, offers a unique landscape for real estate development. Its diverse communities, bustling markets, and proximity to key urban centers make it a promising location for investment. One distinguishing aspect of real estate in Kawempe is the burgeoning demand for affordable housing solutions. As urbanization continues to drive population growth, there is a pressing need for housing options that cater to varying income levels.Attracting More Projects to Kawempe.
To attract more projects to Kawempe, stakeholders must highlight its strategic advantages. These include its central location, accessibility to transport networks, and growing population. Additionally, promoting government incentives for real estate development, such as tax breaks or streamlined approval processes, can encourage investors to consider Kawempe as a prime destination for their projects.Opportunities in Kawempe.
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 187806
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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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