1 bedroom Rental units for sale in Nansana Wakiso Uganda, code: 202874
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4 spacious single units with attached stores and bathrooms. . Fully occupied with a monthly income of 680,000 Shillings. . The property is situated on a 40 by 50 feet plot with a solid and legal agreement of sale on Kabaka land. . Conveniently located in Nansana Kabumbi town, just a short distance from the tarmac road, making it easily accessible. . The price is slightly negotiable, allowing for potential buyers to make a good investment at a reasonable cost. These rental units are ideal for those looking to invest in a property that will bring in steady monthly income. With a solid and legal agreement of sale on Kabaka land, buyers can have peace of mind knowing that their investment is secure. The location in Nansana Kabumbi town is also a major advantage, as it is a bustling area with easy access to public transportation and other amenities. Don't miss this opportunity to own a profitable and conveniently located property in Uganda!
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100+ RELATED PROPERTIES
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2025 IS THE YEAR IN WHICH THE REAL ESTATE MARKET IN UGANDA IS EXPECTED TO THRIVE. As we step into the promising year of 2025, the real estate landscape in Uganda is poised for unprecedented growth and development. With a combination of favorable factors, including economic stability, infrastructure advancements, rapid urbanization, government initiatives, and foreign investment, the stage is set for the real estate sector to flourish. In this blog post, we will explore the key factors contributing to the anticipated boom in Uganda's real estate market and the opportunities it presents for investors, developers, and homebuyers.1. Economic Stability and Growth:Uganda has experienced steady economic growth in recent years, fostering an environment conducive to real estate development. A stable economy attracts both domestic and foreign investors, leading to increased demand for commercial and residential properties. As the country continues to diversify its economic base, the real estate sector stands to benefit from sustained growth and stability.2. Infrastructure Dev
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AN ENCÓUNTER WITH A CRAZY PROPERTY BUYER.
Buying or selling a property can be a nerve-racking experience. It is a time when emotions can run high, and it is not uncommon to come across eccentric or difficult buyers. Moses Musoke, a real estate agent, had one such experience when he encountered a crazy property buyer during a property tour in the presence of the property owner.
It was a beautiful day, and Moses was handling his duties just like any other real estate agent. The seller had listed his property for sale, and Moses was in the process of showing it to potential buyers. One of the potential buyers he encountered was a man who seemed to be in his mid-40s. Let's call him Mr. Bolingo.
At first, Mr. Bolingo appeared to be a regular buyer. He asked the usual questions about the property and seemed interested in making an offer. However, as they walked through the property, Moses began to notice that Mr Bolingo was behaving strangely. He was muttering to himself, laughing at odd moments, and taking pictures of str
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REAL ESTATE IS MOVING FRÓM 2024 TO 2025, ARE YOU READY? As 2024 comes to an end, Uganda's real estate market stands as a testament to growth and resilience, presenting unique opportunities for those prepared to adapt. From urbanization to technological advancements, the landscape has been dynamic, setting the stage for an even more transformative 2025. Here's everything you need to know to smoothly navigate the transition from 2024 to 2025, ensuring you're well-prepared for the opportunities and challenges the new year may bring. Uganda's Real Estate Market in 2024: A Year in Review.Uganda's real estate market in 2024 was defined by significant growth fueled by urbanization, infrastructure development, and shifting buyer preferences. These trends have reshaped the industry, offering exciting opportunities for developers, investors, and homeowners alike. Key Trends Shaping 2024:1. Urbanization and Infrastructure Development.
Cities like Kampala and Entebbe expanded rapidly, driving demand for housing and commercial spaces.&nb
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HOW CAN YOU IDENTIFY SERIOUS PROPERTY BUYERS?
If you're a real estate agent or a property seller, one of the most important things you need to do is to weed out the tire-kickers from the serious buyers. A serious buyer is someone who is genuinely interested in buying the property, has the financial means to do so, and is ready to move forward with the purchase. Being able to identify these buyers can save you time, money, and effort and increase your chances of a successful sale.
Here are some tips on how to tell if a property buyer is serious:
They have their finances in order. A serious buyer will have their finances in order and be pre-approved for a mortgage. They will have already spoken to a lender or mortgage broker and have a pre-approval letter that states how much they can afford to spend on a property. This means they have done their homework, know their budget, and are ready to make an offer when they find the right property.
They have specific requirements. A serious buyer will have a clear idea of what they
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WHÈN YOU QUIT OR LOSE YOUR JOB, DO YOU ALSO LOSE YOUR MORTGAGE? Navigating life's unexpected turns can be daunting, and losing or quitting a job is a significant one. If you have a mortgage, the question of what happens to it when you leave your job can be unsettling. Understanding how mortgages work and the implications of employment changes on your loan can help you make informed decisions to secure your financial future. Understanding the Mortgage Basics.A mortgage is a long-term loan secured by real estate, typically a home. It allows you to buy a property and pay it off over time, usually in monthly installments. These payments consist of principal (the original loan amount) and interest. Lenders require borrowers to meet certain income and credit criteria, which prove the ability to repay the loan. So, what happens if you suddenly lose that income source? Does Losing Your Job Mean Losing Your Mortgage?The short answer is no; losing your job does not automatically mean you lose your mortgage. As long as you continue to make the agreed monthly
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THE DEPARTMENT OF LAND REGISTRATION (MLHUD) AND SERVICES OFFERED. The Department of Land Registration plays a pivotal role in the management and administration of land in Uganda. It is responsible for the issuance of certificates of titles, general conveyance, and maintaining the national land register. The department also coordinates, inspects, monitors, and provides technical support to local governments regarding land registration and acquisition processes. Below is a detailed overview of the services provided by the department, including standard processing times, costs, and statutory periods for notice.
Services Offered.
Conduct a Physical/Personal Search on Registered Land.
Standard Time: 1 working day.
Cost: UGX 10,000 per search.
Statutory Period for Notice: Not applicable.
Issue a Search Letter.
Standard Time: 2 working days.
Cost: UGX 10,000 per letter issued.
Statutory Period for Notice: Not applicable.
Register Transfers on Certificate of Title.
Standard Time: 5 working days.
Costs:
Stamp duty: 1% of the lan
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🇺🇬 REAL ESTATE COMPANIES AT THE TIME OF UGANDA’S INDEPÈNDENCE. Uganda's journey to independence in 1962 marked a significant turning point in its history. As the nation emerged from colonial rule, various sectors, including real estate, underwent transformation and faced new challenges. Real estate companies played a crucial role during this transitional period, shaping the urban landscape and contributing to the growth and development of the newly independent nation. In this blog, we'll take a closer look at the real estate companies operating in Uganda during the time of its independence.
The Colonial LegacyBefore delving into the real estate landscape of post-independence Uganda, it is important to understand the colonial legacy that shaped the sector. During British colonial rule, the land in Uganda was often allocated for agricultural purposes, which limited urban development. Consequently, the real estate sector was in its infancy, with a handful of companies primarily focused on managing properties for European settlers and the colonial ad
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THE REAL ESTATE PEAK SEASON HAS ARRIVED, HOW DO YOU TAP INTO IT USING THE RED? As each year comes to an end, a golden opportunity awaits real estate agents, brokers, realtors, developers and property managers. November, December, and January mark the peak season for real estate agency transactions, fueled by an influx of money-loaded holidaymakers, expatriates and the diaspora fondly referred to as the Ba-Summer or Nkuba Kyeyo or Kadama.These individuals, primarily returning from the Middle East, UK, and USA, are eager to invest in properties for personal use or as future income sources. The arrival of these Ugandans from the diaspora is your moment to shine as an agent, broker, realtor or developer, and the Real Estate Database (RED) is here to amplify your reach. Denis Musoke, the founder of Rentwide Limited, has confirmed that "inquiries are currently pouring in from the RED everyday, leading to more deals being closed at a faster rate". He adds that his real estate agency business is currently thriving and has become increasingly predictable, with prope
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PROPERTIES OF THE WEEK: THE CÓUNTDOWN TO ÇHRISTMAS EDITION.
As the festive season sweeps across the real estate market, the Real Estate Database (RED) is thrilled to unveil the final "Properties Of The Week" list before Christmas! This is not just a celebration of outstanding properties of the week, but also a tribute to the dedicated agents, brokers, and realtors who have made this list a testament to excellence in real estate.
A Star-Studded Lineup of Contributors.
This week's selection features a dazzling array of properties brought to you by some of the most reputable companies in the industry including the following:
Bigways, Brandpro Property Services, Fountain Real Properties, Rentwide and Vumbula property.
These companies have demonstrated unparalleled professionalism and a keen eye for properties that meet the market's demand, especially during this high-spirited season.
The Faces Behind the Listings.
Behind these exceptional properties are the tireless efforts of top agents and brokers, including the following:
Ariko
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 202874
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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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