2 bedroom Bungalow for sale in Namugongo Wakiso Uganda, code: 189855
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This 2 bedrooms 2 bathrooms Bungalow is situated in Namugongo on Namugongo road, and is a great opportunity for those looking for a great investment. This property is located in a secure gated estate, with 24hr security, as well as a regular neighborhood watch. It also offers a great opportunity to build a property portfolio and maximize returns on investments.
This delightful property offers a great balance of indoor and outdoor living with a spacious compound, terrace, veranda and balcony. Internally the property benefits from two bedrooms, two bathrooms, a large open plan living/dining area, a modern kitchen with ceramic tiles. There is also an unfinished double 3 units self-contained Boys Quarters which offers the opportunity to develop further accommodation.
The property is set on a 50ft by 100ft plot of land, with a paved compound and soak pit. The property is surrounded by a wall fence for extra security and privacy.
This property is being offered for sale at a price of 100 Million Ugx, slightly negotiable and the title is on process. This is a great opportunity for those looking to invest in property and to build a property portfolio, and at this price, it won't be on the market for long.
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🏚️Balcony
🔶Ceramic tiles
💠Paved compound
🕳️Soak pit
🏞️Specious compound
🏡Veranda
🚧Wall fence
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QR CODE
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100+ RELATED PROPERTIES
(Related by price or location or district or status or type) |
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NEGOTIATION TIPS FOR REAL ESTATE AGENTS.
As a real estate agent, negotiating is a crucial skill that you need to master to be successful in your profession. Negotiation can make or break a deal, and your ability to negotiate effectively can be the difference between a happy client and a lost sale. Here are some negotiation tips for real estate agents that can help you close deals successfully.
Know Your Client's Needs and Goals The first step in effective negotiation is to understand your client's needs and goals. You need to understand what they are looking for in a property and what their budget is. You should also understand their motivations for buying or selling a property. Understanding your client's needs and goals will help you to negotiate effectively and reach an agreement that is mutually beneficial.
Know the Market To negotiate effectively, you need to have a good understanding of the local real estate market. You should know the prices of similar properties in the area, the average time properti
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THE COMMON TRICKS AND TACTICS THAT TENANTS PLAY.
Being a landlord or property manager can be a challenging job. While many tenants are responsible and respectful, there are always a few who try to take advantage of the system. In this blog, we will explore some of the common tricks tenants play in the rental world. By understanding these tactics, landlords and property managers can be better prepared and equipped to handle such situations.
False References:
One of the tricks some tenants employ is providing false references to create a positive impression during the application process. They may provide the contact information of friends or family members who pretend to be previous landlords, giving glowing recommendations that are entirely fabricated. To counter this, it's essential to verify references by conducting thorough background checks and speaking directly with past landlords.
Subletting without Consent:
Some tenants may attempt to sublet the property without obtaining proper consent from the landlord or prope
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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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WHAT EXACTLY HAPPENS NEXT AS SOON AS A TENANT FAILS TO PAY RENT IN UGANDA?
Being a landlord comes with its fair share of responsibilities, one of which is ensuring that tenants fulfill their financial obligations, particularly paying rent on time. In Uganda, landlords have legal recourse under the Landlord and Tenant Act when tenants fail to meet their rent obligations.
Understanding the steps involved in this process is crucial for landlords and tenants seeking a resolution to unpaid rent. In this situation, we will outline the necessary actions that a landlord can take when faced with a tenant who fails to pay rent, providing a short guide to navigating the legal system and recovering what is owed.
Serve a notice to pay rent. The landlord must serve the tenant with a notice to pay rent. The notice should be in writing and state the amount of rent owed and the due date for payment. The notice period will depend on the nature of the tenancy agreement, but it should be at least seven days if the tenant is on a periodic tenancy.
File a suit in court. I
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FINDING A GOOD PROPERTY IS CHALLENGING, UNTIL YOU USE THE REAL ESTATE DÁTABASE (RED).
The hunt for the perfect property can be daunting, whether you're looking to buy, rent, or invest. You've got neighborhoods to consider, price ranges to navigate, and the challenge of sifting through endless listings with vague details. But what if there was a way to cut through the noise and discover properties that meet your exact needs?That's where the Real Estate Database (RED) comes in, making the property search simpler, more efficient, and even enjoyable. Here's how the Real Estate Database (RED) can turn your challenging property search into a straightforward journey. 1. Comprehensive Listings All in One Place.The RED hosts thousands of property listings, from residential and commercial to rentals and sales, across all of Uganda. Gone are the days of jumping between multiple websites, dealing with halfcompleted listings, or having to ask for crucial information like price or property size. The RED centralizes everything so that you can access complete, uptodate property details
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VALENTINE'S DAY IDEAS FOR ALL REAL ESTATE AGENTS.
Valentine's Day is a time when people celebrate love and affection. It is a day of flowers, chocolates, and romantic gestures. But did you know that it can also be an opportunity for real estate agents to reach out to property buyers? With the right approach, Valentine's Day can be a valuable marketing tool for real estate agents looking to make an impact. Here are a few ways that agents can make use of this holiday to engage with potential buyers.Use social media to showcase romantic homes:
Social media platforms like Facebook, Instagram, and Twitter are powerful marketing tools for real estate agents. Use these platforms to showcase romantic homes that would be perfect for couples celebrating Valentine's Day. Highlight homes with fireplaces, cozy bedrooms, and spacious living rooms that would be perfect for a romantic dinner or movie night. Share pictures of these homes, along with heartwarming captions that evoke feelings of love and comfort.Offer special deals and promotio
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STEPS FOR WINNING NEW REAL ESTATE LISTINGS.
In the competitive world of real estate, securing new listings is the lifeblood of success for any agent or agency. Winning new real estate listings requires a strategic approach that combines effective communication, relationship-building, and a strong market presence. In this blog, we will delve into essential steps that real estate professionals can take to increase their chances of winning new listings and outshining the competition.
1. Build a Strong Online Presence:
In the digital age, potential clients often start their real estate journey online. A robust online presence is crucial for gaining visibility and credibility. Invest in a well-designed website that showcases your listings, provides valuable information about the local market, and offers resources for buyers and sellers. Engage actively on social media platforms, sharing informative content, property highlights, and client success stories.
2. Master the Art of Communication:
Effective communication is the corner
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REAL ESTATE HOUSING TERMINOLOGY IN US VS UK
In the realm of housing terminology, distinctions between American and British usage often defer, exemplifying linguistic nuances across borders. While the UK employs terms like "flat" for an apartment and "terrace" for a row of houses, the United States embraces "apartment" and "rowhouse" respectively.
This variance finds relevance even in global real estate databases such as the Real Estate Database (RED), where categorizations align with these linguistic preferences. Notably, in Uganda at large, the American version of housing terms predominates, reflecting a subtle yet impactful linguistic influence on housing discourse and practices. Here's a compiled list of housing terms with their corresponding American and British counterparts:
Apartment (US) / Flat (UK)
Duplex (US) / Maisonette (UK)
Townhouse (US) / Terraced house (UK)
Condominium (US) / Flat (UK)
Co-op (US) / Co-operative (UK)
Ranch house (US) / Bungalow (UK)
Studio apartment (US) / Studio flat (UK)
Subdiv
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ESSENTIAL STEPS TO HANDLING TENANT TURNOVER.
As a landlord or property manager, one of the inevitable challenges you'll face is tenant turnover. Tenant turnover occurs when a tenant moves out of your rental property, creating a vacancy that needs to be filled by a new tenant. Handling tenant turnover effectively is crucial for maintaining a steady rental income and ensuring your property remains well-maintained. In this blog, we will discuss essential steps to help you navigate the process of tenant turnover smoothly and efficiently.
Plan Ahead
The key to managing tenant turnover successfully starts with careful planning. Anticipating vacancies and having a plan in place will save you time, stress, and money. Create a timeline for the turnover process and set aside sufficient resources for marketing, property maintenance, and any necessary repairs or renovations. By planning ahead, you can minimize the downtime between tenants and keep your rental income flowing.
Conduct a Thorough Inspection
Before a tenant m
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ENTER YOUR DETAILS BELOW AND PRIME WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 189855
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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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