Residential Land for sale in Matugga Wakiso Uganda, code: 167845
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Residential Land
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This is a residential land with 33 decimals located in Matugga 800 meters off main road at 55m with a private mailo land title.It is situated in a well organized neighborhood with power and water in the vicinity.Installments allowed
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100+ RELATED PROPERTIES
(Related by price or location or district or status or type) |
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SOME INTERESTING PROPERTY STATS IN UGANDA.
Uganda, known as the "Pearl of Africa," is a landlocked country located in East Africa. With a population of over 44 million people, Uganda is one of the most populated countries in Africa. Despite being a relatively small country, Uganda has a diverse real estate market, with properties ranging from modern apartments in the city centers to traditional rural homes.
In this blog, we will explore some interesting property stats in Uganda.
Property prices
The average property prices in Uganda vary greatly depending on the location and type of property. The most expensive properties are located in the city centers, with apartments costing between UGX 500 million to UGX 1 billion ($135,000 to $270,000). Houses in the city centers can range from UGX 800 million to UGX 2 billion ($217,000 to $540,000).
On the other hand, properties in rural areas tend to be more affordable, with a two-bedroom house costing between UGX 50 million to UGX 150 million ($13,500 to $40,500). Land pr
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DEALING WITH THE WORST LANDLORD EVER.
Babatunde had a dream, to open the finest jollof rice restaurant in the bustling heart of the city. When he found a shop for rent on a busy street, he thought his dreams were about to come true. Little did he know, he was about to meet Sankara, the worst landlord ever.The first sign was subtle. Babatunde signed the lease agreement with Sankara, excitedly handing over the first month's rent and security deposit. But Sankara never returned his copy of the agreement. "Don't worry, Babatunde, it's safe with me," Sankara said with a grin that could rival a crocodile's.Babatunde soon learned that "safe" in Sankara's world meant "lost forever." He asked for a receipt for his payment, but Sankara gave him a receipt for half the amount he had paid. "Taxes, you know? We have to be smart about these things," Sankara whispered conspiratorially. Babatunde nodded reluctantly, not wanting to start off on the wrong foot.A few months in, things took a bizarre turn. Babatunde arrived at his restaurant o
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WHAT YOU NEED TO KNOW ABOUT A PURCHASE AND SALE AGREEMENT
A House Purchase and Sale Agreement is a legal document that outlines the terms and conditions of the sale of a house in Uganda. This agreement is a crucial step in the buying and selling process, as it defines the rights and obligations of both the buyer and the seller.
In Uganda, a House Purchase and Sale Agreement should be in writing and signed by both parties. The agreement should clearly state the purchase price, the closing date, the payment terms, and any warranties or guarantees offered by the seller. It should also specify the responsibilities of each party during the transaction, such as the transfer of ownership and the payment of any taxes or fees.
For example, the agreement may state that the buyer is responsible for obtaining financing and that the seller is responsible for providing a clear title to the property. The agreement may also specify that the buyer is responsible for any repairs or renovations that need to be made, while the seller is responsible for
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CONSULTATIVE MEETING ON REAL ESTATE REGULATION AND LICENSING WITH SRB: WHAT TO EXPECT.
As Uganda's real estate industry continues to grow, regulation and licensing have become critical topics for all stakeholders. To address these concerns, the Association of Real Estate Agents (AREA) is organizing a pivotal meeting titled "Consultative Meeting on Real Estate Regulation and Licensing with SRB." This event will take place on Friday, 30th August 2024, from 3 pm to 5 pm at the Uganda Business Facilitation Center. The meeting is expected to feature representatives from the Surveyors Registration Board (SRB), the body currently responsible for registering real estate agents nationwide. Why This Meeting Is Important.This upcoming meeting is significant as it occurs when the real estate sector in Uganda is rapidly evolving. With the SRB actively involved in registering real estate agents, there is a pressing need for clear guidelines and robust regulatory frameworks to ensure all agents operate within the law and maintain the highest professional standards. AREA is expected to
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PROPERTY MANAGERS ARE MISSING IN THE LANDLORDS AND TENANTS ACT
Property managers are (in)famous for evicting tenants. A tenant who was once thrown out of his apartment (read premises) will never forget the property manager who threw him out.
It so happens that most of the times I have interacted with property managers, they will occasionally make or receive a call from a problematic tenant and then exchange tough words in my presence.
The very first property manager I interacted with in Uganda is called Andrew Mukiibi from Premier Property Lettings Ltd, that was way back in 2006 when i was trying to make my entry into the real estate industry, at that time, his office was on 1st street, next to what was then known as Ange Nior Discotheque.
When I went to his office, I found him in a very horrible mood as he was in the midst of a heated and lengthy phone argument with a problematic tenant at the time when I arrived.
I even contemplated rescheduling my meeting with him based on the assumption that our meeting may be affected by his mood, and thu
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THE POWER OF QUALIFIED LEADS FRÓM THE REAL ESTATE DÁTABASE (RED)
Not all leads are created equal, and the ability to distinguish between casual inquiries and serious prospects can significantly impact your real estate agency business. This is where the Real Estate Database (RED) becomes an invaluable tool. With its ability to identify qualified leads, RED helps real estate professionals focus on those most likely to result in a successful transaction.In this blog, we'll explore the concept of qualified leads from RED and how leveraging this feature can transform your real estate business. What is a Qualified Lead?A qualified lead, or real estate lead, refers to a potential client or customer in the real estate industry who has demonstrated a genuine interest in buying or selling a property and meets specific criteria that suggest a higher likelihood of conversion into an actual transaction. The term "qualified" signifies that this lead is not just a random or casual inquiry but someone actively engaged in the market, and therefore more likely to bec
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BUILD YOUR SHOPPING CENTER ON THE LEFT SIDE OF THE ROAD LEADING OUT OF THE CITY CENTER.
In the world of retail development, location is more than just a buzzword; it's a critical factor that determines the success or failure of your shopping center, retail outlet, or mall. For developers and investors, understanding the nuances of consumer behavior and local infrastructure is non-negotiable. One key insight that has surfaced time and again is the importance of choosing the right side of the road for your development. Specifically, when building a retail center outside a city, it's advisable to position it on the left side of the road leading outwards. This strategy aligns with how people shop, especially in Uganda, where the majority of shoppers buy groceries and daily essentials on their way back home from work in the city center. The Psychology Behind the Left Side Advantage.In Uganda, like in many countries where driving is on the left, the flow of traffic dictates the convenience of access. During evening commutes, when most people remember to pick up groceries, shopp
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MORNING MARKET BRIEF - MONDAY, DECEMBER 23, 2024
Introduction: Welcome to your Daily Morning Market Brief, an extensive analysis of Uganda's real estate market. Here, we delve into the pulse and essence of the local property market. Miss this, and you miss the rhythm of Uganda's real estate heartbeat. From the bustling streets of Kampala to the serene surroundings of Jinja, we've got you covered. Overview: Uganda's real estate market is showing continuous progress. Housing projects are coming up in Mbarara and Gulu, while commercial buildings are taking shape in Kampala's Central Business District. Snapshot: The real estate market is reflecting a healthy mix of residential and commercial properties. Large-scale construction projects are visible in areas like Ntinda and Nakasero, showing a positive trajectory.Update: More investors are eyeing the market, with developers continuously launching new projects in areas such as Entebbe and Mengo. Trend: There is a growing demand for affordable housing in urban areas such as Kisaasi, Naalya
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IS THERE ANYTHING MORE FRUSTRATING THAN FAILING TO SALE A PROPERTY?
Frustration can reach its peak when your property fails to sell despite your best efforts. In a competitive real estate market, finding the right platform to showcase your property is crucial. That's where the Real Estate Database (RED) comes in, offering a game-changing solution to make selling your property easier, faster, and more cost-effective.The Power of RED.The Real Estate Database (RED) stands out as a beacon of hope for property owners and real estate agents alike. Unlike traditional platforms, RED is designed to streamline the selling process by connecting sellers with genuine, motivated buyers actively seeking properties. This database ensures that your property gets the exposure it deserves, increasing the likelihood of a successful sale.Solid Leads and Targeted Audience.What sets RED apart is its commitment to providing the most solid leads in the market. Every visitor to RED is there with a purpose, to find their ideal property. This means that your listing will be showc
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ENTER YOUR DETAILS BELOW AND PRIME WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 167845
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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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