1 bedroom Apartment block for sale in Kisaasi Kampala Uganda, code: 213875
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Ugx 1,300,000,000/=
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Apartment block
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Introducing a rare opportunity to own a lucrative investment property in the bustling area of Kisaasi, Kampala. This apartment block, featuring 8 units of cozy one bedroom and sitting room apartments, is now available for sale. Generating a steady monthly income of 11 million shillings, this property is a guaranteed source of passive income. With a selling price of 1.3 billion shillings, this is a sound investment opportunity not to be missed.
Conveniently located on Kisaasi road within the Kampala district, this apartment block sits on a 14-decimal land tenure of Mailo Land, providing a secure and stable ownership. The apartments boast a range of desirable amenities, including balconies to enjoy the city views, built-in wardrobes for ample storage, and plenty of parking space for both residents and visitors. The compound is fully paved, making it easy for maintenance and offering a neat and tidy appearance.
Safety is a top priority, and this property has you covered with security guards on duty to ensure a peaceful living environment. The spacious compound allows for outdoor activities, while the tiled roof and wall fence provide an added layer of protection. Whether you are looking to add to your investment portfolio or searching for a place to call home, this apartment block offers a perfect balance of comfort, convenience, and financial gain. Don't miss out on this opportunity to own a piece of prime real estate in Kisaasi, Kampala.
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🏚️Balcony
🚪Built in wardrobes
🚘Lots of parking
💠Paved compound
👮Security guards
🏞️Specious compound
🏫Tiled roof
🚧Wall fence
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QR CODE
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81 RELATED PROPERTIES
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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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MORNING MARKET BRIEF - SATURDAY, DECEMBER 21, 2024
Introduction: The Daily Morning Market Brief is a dynamic, comprehensive, and essential tool for anyone seeking to stay abreast of the trends, shifts, and current events in Uganda's real estate sector. Never begin your day or morning without reading or listening to a Daily Morning Market Brief, Situation Report, Market Overview, or Status Report from the Real Estate Database (RED). To do otherwise is to risk missing the pulse of the local real estate market.Overview: Uganda's real estate market is currently undergoing a significant transformation. Key areas like Kampala, Jinja, Entebbe, and Gulu are experiencing a surge of activity. With a broad range of properties, from high-rise apartments to sprawling residential estates, the market is diversifying to accommodate various demands. Snapshot: The market is teeming with activity, with a noticeable increase in construction projects. Areas like Mbarara, Mbale, and Fort Portal are seeing rapid development of commercial and residential prop
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USING THE POWER OF RELATED PROPERTIES TO SIMPLIFY YOUR PROPERTY SEARCH EXPERIENCE.
When browsing for properties on the Real Estate Database (RED), one of the standout features that enhances your property search experience is the Related Properties section. This section goes beyond providing simple browsing, offering buyers a well curated list of properties that closely match their preferences based on their initial selection or search.Once a buyer clicks on a listing, the chosen property is displayed on its own dedicated page, featuring all the relevant details such as pictures, specifications, and a detailed description. To further engage potential buyers, the page includes a call to action and other interactive features. But one of the most valuable additions is the "Related Properties" section, found towards the bottom of the details page for each property.This section does exactly what the name suggests, it shows listings related to the property the buyer is currently viewing. However, the magic lies in how these properties are related. RED uses various criteria
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HOW TO MAKE HIPS OF MONEY IN REAL ESTATE IN UGANDA.
Real estate investment in Uganda has been on the rise in recent years, with many people seeking to make money in this sector. If you're interested in making money in real estate in Uganda, there are several ways you can go about it. In this article, we will explore some of the most effective strategies for making money in real estate in Uganda.
Buy and hold rental property
One of the most common ways to make money in real estate is to buy rental property and hold onto it for a long time. This strategy involves purchasing a property, renting it out to tenants, and collecting rent payments every month. Over time, the value of the property will appreciate, and you can sell it for a profit.
To be successful with this strategy, it's important to carefully research the location and the property itself. Look for areas with high demand for rental properties and low vacancy rates. You should also consider the condition of the property and the potential costs of repairs and mainte
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REAL ESTATE PROSPECTING TACTICS FOR NEW BROKERS/AGENTS.
Embarking on a career in real estate can be both exciting and challenging for new agents. One of the most critical aspects of succeeding in this field is effective prospecting. Prospecting is the foundation upon which your real estate business is built. It involves actively seeking out potential clients and nurturing those relationships to generate leads and ultimately close deals. In this blog, we'll delve into some essential prospecting tactics that can help new agents kick-start their real estate journey and build a thriving business.
1. Define Your Target Market
Before diving into prospecting, it's essential to identify your target market. Are you specializing in residential properties, commercial real estate, luxury homes, or rental properties? Knowing your niche will allow you to tailor your prospecting efforts to attract the right clientele.
2. Leverage Online Presence
In today's digital age, having a strong online presence is non-negotiable. Create a professional website
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THE GOOD THE BAD AND THE UGLY IN UGANDA'S REAL ESTATE INDUSTRY.
Uganda's real estate industry has been growing steadily in recent years, with more and more investors looking to tap into the country's vibrant property market. However, like any industry, there are both good and bad aspects to Uganda's real estate market, and some practices can even be considered ugly.
The Good: A Growing Industry
One of the positives of Uganda's real estate industry is that it is growing at a steady pace. According to the World Bank, the country's GDP growth rate was 6.5% in 2019, which is expected to continue in the coming years. This growth has had a positive impact on the real estate industry, with more and more investors entering the market to take advantage of the opportunities.
Another positive is that Uganda's real estate market is relatively untapped, with vast tracts of land available for development. This presents an excellent opportunity for investors looking to invest in the industry. Additionally, the country has a growing middle class, which is
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WHAT IS REQUIRED TO JOIN THE REAL ESTATE DÁTABASE (RED)?
The Real Estate Database (RED) is the largest database of properties in Uganda that offers numerous benefits to real estate agents, brokers, realtors and developers, providing them with a wider reach and increased visiibility. Lets explore the requirements and advantages of joining the Real Estate Database (RED) and how it can help you to grow your real estate business.
Registration details
Registration is the initial step to becoming a member of the Real Estate Database (RED). After completing the registration process, you can proceed to subscribe and list all your properties on our various platforms. To accomplish this, click here to visit the "Registration page" and provide either your individual details or those of your company if you are a team. Upon completion, you will receive a Username and Password, which you can use to access your newly created RED account and begin your real estate journey.
Submission of Documents
You will need to provide specific documents based on yo
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DEALING WITH PROPERTY BUYERS WHO DO NOT KNOW WHAT THEY WANT.
Dealing with property buyers who are unsure of their preferences can be a challenge for real estate professionals. Whether they are first time buyers or seasoned investors, some few individuals enter the market without a clear vision of what they want in a property. As a real estate agent, understanding how to navigate this uncertainty is crucial for providing valuable guidance and ultimately securing a successful transaction.
It's interesting to note that a significant majority of property buyers (90%) can easily find the properties they need from the Real Estate Database (RED) without any difficulty. However, there are those (8%) who suffer from technophobia, and another segment (2%) who simply prefer not to engage in the search process. Instead, they opt to call directly, relying on the assistance of an agent to handle the entire online search and decision making process.It might be the case that the 2% segment buyers mentioned above are entirely uncertain about their prefe
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ENTER YOUR DETAILS BELOW AND BONNY WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 213875
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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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