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Residential Land for sale in Namugongo Kampala Uganda, code: 92005
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Residential Land
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12decimals plot of land on sale in the heart of namugongo sonde well saturated in modern family friendly neighborhood
Comes with ready land title
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QR CODE
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100+ RELATED PROPERTIES
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CHALLENGES OF BUILDING A REAL ESTATE AGENCY TEAM IN UGANDA. I have observed that building a successful real estate agency team in Uganda comes with its own set of unique challenges, influenced by factors like licensing regulations, market dynamics, and technological advancements. Here's a detailed look at some of the key challenges faced by agencies in Uganda and how they impact team building efforts. Lack of Licensing Requirements.One of the foremost challenges for real estate agencies in Uganda is the lack of stringent licensing requirements. Unlike in some developed markets where rigorous licensing processes ensure professionalism and standardization, Uganda's real estate sector has relatively lax regulations. This can lead to a proliferation of inexperienced or unqualified agents operating without proper oversight, which can undermine trust in the industry. Easy Entry and Low Cost of Starting Agencies.Another significant hurdle is the ease and low cost associated with starting a real estate agency in Uganda. While this accessibility fosters
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REGULATION OF REAL ESTATE PRACTICE IN UGANDA: WHAT DOES THE LAW SAY?. The regulation of real estate practice in Uganda is currently in a transitional phase, with several key stakeholders and associations working towards establishing a more organized and professional framework for the industry. The effort is driven by the need to enhance professionalism, protect practitioners, and provide better services to clients. This blog therfore provides an overview of the vibrant discussions among key real estate practitioners on various platforms regarding this topic. Key Stakeholders.1. Surveyors Registration Board (SRB): The SRB is currently at the forefront of these registration efforts. The board is responsible for registering land agents, who are currently classified under surveyors according to the Surveyors Registration Act (SRA).2. Association of Real Estate Agents Uganda (AREA Uganda): AREA Uganda is a professional association that advocates for the interests of real estate agents. It has been instrumental in pushing for regulatory changes and has collabo
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WHY IS BOXING DAY A PUBLIC HOLIDAY?
Boxing Day, celebrated annually on December 26, is a significant public holiday in many countries, including Uganda. While its origins can be traced back to Britain, the day has evolved into a festive and culturally rich occasion embraced worldwide. In this blog, lets explore why Boxing Day is a public holiday, its historical roots, and how it is celebrated, particularly in Uganda.
Historical Origins of Boxing Day
The tradition of Boxing Day dates back to the Victorian era in 19th-century Britain. It was a day set aside for acts of kindness and appreciation, particularly for service workers and the less fortunate. On this day, employers would present their staff with "Christmas boxes," filled with gifts, bonuses, or leftover food from Christmas celebrations. This practice of giving back was rooted in the spirit of gratitude and charity that followed the joyous festivities of Christmas Day.
Boxing Day is also associated with the Feast of St. Stephen, the first Christian martyr, who
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WHAT DOES A TYPICAL XMAS LOOK LIKE IN UGANDA? Christmas in Uganda is a real vibe, a mood, and an energy that can only be described as uniquely chaotic but entirely joyful. Here's a funny breakdown of what makes a Ugandan Christmas a spectacle worth witnessing. The Great Exodus: Town Dwellers Return to Their Roots.Come December, there's a mass migration of Kampala's town dwellers heading back to the villages like birds following an ancient instinct. The village becomes a lively hub as everyone from the long-lost cousin in Kampala to the uncle in Canada returns. If you're still in the city after December 20th, congratulations, you've been officially abandoned. Animals Beware: The Christmas Menu Is Set.If you're a cow, goat, or chicken, this is not your season to shine. While humans feast, animals face their fate. The goat gets tied to a tree, the chicken gets an express ticket to the pot, and the cow, well... Let's just say it's an all-you-can-eat barbecue. Ugandans are firm believers in "meat for every meal" on Christma
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MORNING MARKET BRIEF - THURSDAY, DECEMBER 26, 2024 Introduction: Welcome to your Daily Morning Market Brief, your essential guide to the pulse of Uganda's real estate market. This comprehensive Situation Report, Market Overview, and Status Report from the Real Estate Database (RED) is your key to staying informed and ahead of the curve. It's the true fresh brew for your morning – never start your day without it, or you risk losing touch with the heartbeat of the local real estate market.Overview: Uganda's real estate market is currently characterized by a steady influx of investment across various regions. From the bustling urban areas of Kampala to the serene suburbs of Wakiso, the market is pulsating with a vibrant blend of commercial and residential properties.Snapshot: The current market snapshot reveals a burgeoning demand for affordable housing in the outskirts of major cities. At the same time, there's a noticeable surge in interest for upscale residential and commercial properties in prime locations like Kololo and Nakasero.Upd
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PROCRASTINATION IN REAL ESTATE IS A BATTLE WITH EMOTIONAL FEARS. Procrastination an issue most of us have faced at one time or another can be particularly detrimental in the fast-paced world of real estate. Every minute counts, and every delay could mean a lost opportunity. But what if I told you that procrastination is not just about poor time management? More often than not, procrastination is deeply rooted in emotional issues, particularly the fear of failure and the perceived consequences that come with it. Procrastination: An Emotional Hurdle.Many people think procrastination is simply about being lazy or not managing time well. However, it's much more than that. For real estate agents, procrastination often stems from a place of fear, fear of not closing a deal, fear of not meeting a client's expectations, or fear of the unknown in a fluctuating market. These fears can be overwhelming and paralyzing, leading agents to put off tasks that could actually drive them closer to success. The Fear of Failure.At the core of procrastination lies a signi
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Plot on sale 50 by 100
Location -
Namugongo
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District -
Wakiso
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Type -
Residential Land
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Status -
For Sale
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Code - 209769
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Ugx 120,000,000
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HOME SALES TÈND TO RISE AFTER BIG ELECTIONS. CAN IT HAPPEN IN 2026? In many countries, including Uganda, the real estate market often experiences fluctuations in response to major political events, such as national elections. This phenomenon, where home sales tend to rise after big elections, can be attributed to various factors. As Uganda approaches its next significant election cycle in 2026, it is worth exploring whether this trend might manifest and what factors could influence such an outcome. Historical Trends and Factors.1. Political Stability and Consumer Confidence.
Political Clarity. After elections, there is usually a period of political clarity and stability, especially if the elections are perceived as free and fair. This stability can boost consumer confidence, leading to increased investments in real estate.
Government Policies. elected government policies and reforms often follow elections. These can include incentives for homebuyers, reduction in interest rates, or new housing schemes, all of which can stimulate the h
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HOW TO MAXIMIZE YOUR RENTAL PROPERTY'S PROFIT POTENTIAL
As a landlord or property manager, you want to maximize your rental property's profit potential while keeping your tenants happy. This can be a challenging balance to strike, but with some careful planning and execution, you can achieve both. Here are some tips on how to maximize your rental property's profit potential:
Set the right rent price: One of the most important factors that determine the profitability of a rental property is its rent price. You want to set a rent price that is competitive with the market but also covers all of your expenses, including mortgage payments, property taxes, insurance, repairs, and maintenance. Research the rental rates in your area and adjust your rent price accordingly.
Keep your property in good condition: Keeping your rental property in good condition is key to attracting and retaining tenants. Regularly inspect the property and make any necessary repairs or upgrades to ensure that it is safe and functional. This will not only m
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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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ENTER YOUR DETAILS BELOW AND BONNY WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 92005
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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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