2 bedroom Apartment for sale in Kira Wakiso Uganda, code: 191624
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This property for sale is a fantastic opportunity to invest in a block of four apartments in a prime location of Kira. Each apartment is two bedrooms and two bathrooms, and each tenant pays 1.2m per month in rent. The land tenure is Mailo Land and the size is 12 Decimals.
The apartments are located on Kira Road in Wakiso District, putting them in an excellent spot for convenience and access to nearby amenities. There are a number of stores and shops in the area providing convenience for the tenants. Additionally, the area is well known for its beautiful green spaces, parks, and recreational areas, perfect for enjoying the outdoors.
The apartments are well maintained and have been recently updated to provide modern features and amenities. The two bedrooms and two bathrooms are spacious and comfortable with plenty of storage space, and the finishes are modern and attractive. The building also includes a functional kitchen, and each apartment has a balcony with a wonderful view.
The price of 650,000,000 Shillings is incredibly competitive for the area, and the apartments are an excellent investment option. With the current tenants paying 1.2m per month in rent, the potential for profit is significant. The location is ideal for a successful rental business, and the overall investment is sure to pay off in the long run.
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66 RELATED PROPERTIES
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BUYING OFF-PLAN, THE PROS AND CONS OF INVESTING IN THE FUTURE.
Paying money for an invisible home is akin to paying money to an invisible deity, it takes a lot of faith to buy a home that does not exist yet, however, once the home does not come within the agreed period of time, you can take steps to get back your money and often times with damages.
In the world of real estate, there are various investment opportunities that cater to different preferences and risk appetites. One such option that has gained significant popularity over the years is "Buying Off-Plan." This term refers to the practice of purchasing a property before its construction is completed, based on architectural plans and promises of what the finished product will be like.
While this approach offers potential advantages, it also comes with its share of risks. In this blog, we'll delve into the pros and cons of buying off-plan and explore whether it's the right investment choice for you.
Pros of Buying Off-Plan.
Potential Capital Appreciation: One of the main attraction
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HOW TO SUCCESSFULLY FIX AND FLIP HOMES: TIPS AND STRATEGIES.
Real estate investment has become increasingly popular over the years, and one of the most popular strategies is fixing and flipping homes. Fixing and flipping homes involves purchasing a property, renovating it, and then selling it for a profit. While it may seem like an easy way to make money, it requires a lot of hard work, dedication, and a solid strategy. In this blog post, we will outline some tips on how to fix and flip homes successfully.
Research the market The first step in fixing and flipping homes is to research the market thoroughly. You need to know what type of properties are in demand in the area you're considering, what buyers are looking for, and what they're willing to pay. This information will help you determine the type of property to purchase and the renovations to make.
Create a budget Before purchasing a property, create a budget for the renovation costs. Be sure to factor in all the expenses, including the purchase price, renovation costs, an
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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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THE BAN ON DECEPTIVE MARKETING IN REAL ESTATE DÁTABASE (RED).
The Real Estate Database (RED) is a platform that stands as a beacon for honest dealings and fair practices in the real estate industry. One of the cornerstone policies of RED is the strict prohibition of deceptive marketing, a rule that underscores the platform's commitment to integrity and ensures a level playing field for both buyers and sellers.The Importance of Transparency:Real estate transactions involve substantial investments and life-changing decisions. Whether you're a first-time homebuyer or a seasoned investor, having access to accurate and reliable information is paramount. Deceptive marketing can cast a shadow over this process, leading to misunderstandings, financial losses, and eroding trust in the real estate market.RED's Commitment to Integrity:The Real Estate Database (RED) sets itself apart by fostering an environment where honesty prevails. The platform's guidelines explicitly prohibit deceptive marketing practices, ensuring that the information provided by seller
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INVESTING IN RENTAL UNITS, WHAT ARE THE PROS AND CONS?
Investing in rental units can be a lucrative investment strategy, but like any investment, it has its pros and cons. Here are some of the key advantages and disadvantages to consider:
Pros:
Steady cash flow: Rental properties generate regular income through rent payments, which can provide a stable source of cash flow.
Appreciation: Over time, the value of a rental property can increase, allowing you to sell it for a profit in the future.
Tax benefits: Rental property owners can take advantage of tax deductions, including mortgage interest, property taxes, and repairs and maintenance.
Diversification: Rental properties can be a good way to diversify your investment portfolio, as they often have different risk and return characteristics than other asset classes.
Leverage: Rental properties can be a good way to leverage your money and increase your returns, as you can finance the property with a mortgage and benefit from both the rental income and any appreciation in the
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WHAT HAPPENS NEXT WHÈN THE SELLER REFUSES TO PAY COMMISSION TO THE REAL ESTATE AGENT?
When a real estate agent helps a seller to sell their property, they are typically entitled to a commission for their services. This commission is usually a percentage of the sale price and is paid by the seller. However, in some cases, the seller may refuse to pay the commission to the agent. In this blog, we will explore what can happen when a seller refuses to give the agent their commission.
Review the listing agreement.
The first step that the agent should take is to review the listing agreement that was signed by both the seller and the agent. This agreement will outline the terms and conditions of the agreement, including the commission that the agent is entitled to. It may also include provisions for what happens in the event of a dispute.
Communicate with the seller.
The next step is to communicate with the seller and try to understand why they are refusing to pay the commission. It is possible that there was a misunderstanding or miscommunication that can be resolve
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 191624
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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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