2 bedroom Rental units for sale in Namugongo Wakiso Uganda, code: 191055
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This is an incredible investment opportunity in Namugongo. Located on the Namugongo road, this 12 Decimal parcel of land is ready to be developed into a 4 unit rental complex. The land title is mailo land, with a price tag of 280,000,000 Shillings and boasting a potential income of 2.2 million Shillings per month.
The complex will consist of two bedrooms and one bathroom in each unit. The units will be equipped with a balcony, ceramic tiles, a soak pit, a spacious compound, a veranda, wall fence, and a water tank.
The location of this property is a dream for any investor. It is located close to all local amenities and well connected to the main road. It is also close to banks, supermarkets, and other services.
This is an amazing opportunity for any investor looking to make a substantial return on their investment. With the potential income of 2.2 million Shillings per month, this property is sure to generate a substantial return. Investing in this property is sure to be a wise decision that will pay off in the long run.
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🏚️Balcony
🔶Ceramic tiles
🕳️Soak pit
🏞️Specious compound
🏡Veranda
🚧Wall fence
🚰Water tank
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QR CODE
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100+ RELATED PROPERTIES
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WISHING UGANDA'S REAL ESTATE AGENTS A MERRY ÇHRISTMAS AND A PROSPEROUS NEW YEAR!
As the year draws to a close, we want to take a moment to express our heartfelt gratitude for your unwavering support and dedication to the Real Estate Database (RED) throughout the year. Your hard work, professionalism, and commitment have been instrumental in shaping the real estate landscape in Uganda, and we are truly grateful for the positive impact you've made.On behalf of the entire Real Estate Database (RED) team, I'd like to thank each and every one of you, especially you, yes you, and you over there, and of course him, and let's not forget her! You're all amazing, I extend warm wishes to your families for a joyous Christmas filled with love, laughter, and cherished moments. May this festive season bring you well-deserved rest and rejuvenation.As we eagerly approach the New Year, we look forward to continued collaboration and success together. May 2024 be a year of prosperity, growth, and new opportunities for each of you. Your contributions to the real estate sector are inval
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WHAT DO YOU DO IF A BUYER SAYS: 'I WILL GÈT BACK TO YOU'
As a real estate agent, it's common to hear the phrase "I'll get back to you" from a potential buyer especially after several follow up calls. While it may be tempting to interpret this as a polite way of saying "no," it's important to remember that buyers may have many reasons for needing more time to make a decision. In this blog, we'll explore some tips for what to say as an agent when a buyer says "I'll get back to you."
Thank them for their time
Regardless of whether the buyer ultimately decides to move forward with a purchase, it's important to show appreciation for their time and interest in the property. Saying something like "Thank you for considering this property" or "I appreciate you taking the time to look at this home" can help create a positive relationship with the buyer, even if they don't ultimately make a purchase.
Ask for a timeline
One way to follow up with a buyer who says they'll get back to you is to ask for a timeline for when they expect to
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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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HOLIDAY REAL ESTATE TRÈNDS: WHAT TO EXPECT.
As the holiday season approaches, the real estate market experiences unique shifts that create opportunities and challenges for buyers, sellers, and investors alike. Understanding these trends can help you navigate this dynamic period effectively, whether you're looking to purchase your dream home, sell a property, or make a strategic investment. Here's a detailed analysis and several key takeaways regarding what to expect in the real estate market during this holiday season. 1. Lower Inventory but Motivated Sellers.The holiday season often sees a reduction in the number of homes on the market. Many sellers prefer to wait until after the holidays to list their properties, resulting in lower inventory levels. However, those who do list during this time are typically highly motivated, possibly due to financial needs, job relocations, or other pressing reasons.Implications:
Buyers: You'll face less competition, but options might be limited. Quick decision-making is crucial to secure de
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OPÈN HOUSES, WHAT ARE THEY?
Open houses are events held by real estate agents or landlords to showcase a property that is up for sale or rent. It is an opportunity for potential buyers or tenants to visit the property without having to schedule an appointment, which makes it easier for people to view the property.
The process of an open house is simple. The agent or landlord advertises the event through various marketing channels such as online listings, flyers, or social media. Potential buyers or tenants attend the event at the designated time and are free to walk around the property, take pictures, and ask questions. The agent or landlord is present during the event to answer any questions the visitors may have.
Real estate agents can benefit from open houses in several ways. Firstly, open houses are a great way to generate leads and attract potential buyers. Secondly, agents can network with visitors and gather information about their buying preferences, which can help in future sales. Lastly, by ho
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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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AFFORDABLE HOUSING VS APARTMENTS, WHAT’S THE RELATIONSHIP?
Affordable housing is a critical issue worldwide, and in Uganda, it has taken on a unique meaning. In many parts of the world, affordable housing refers to various forms of housing options that are within financial reach of the average household, including single-family homes, duplexes, townhouses, and apartments. However, in Uganda, the term affordable housing has become synonymous with apartments, this unique relationship stems from several economic, social, and urban development factors. The Housing Challenge in Uganda.Uganda, like many developing countries, faces a significant housing deficit. Rapid urbanization, population growth, and limited land availability have contributed to this shortage. The country's urban areas, particularly Kampala, are experiencing an influx of people seeking better economic opportunities, leading to increased demand for housing. Apartments: The Face of Affordable Housing.In Uganda, apartments have emerged as the primary solution to the affordable housi
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REAL ESTATE NEWS DELIVERED TO YOUR INBOX: SUBSCRIBE TO THE RED NEWSLETTER ON LINKEDIN.
Stay ahead in the dynamic world of real estate with the latest news, insights, and updates, all delivered straight to your inbox. For real estate professionals, investors, and enthusiasts alike, the Real Estate Database (RED) Newsletter on LinkedIn is your direct line to valuable information that empowers your journey in the market. Why Subscribe to the RED Newsletter?The RED Newsletter is designed to bring subscribers the latest in real estate trends, market insights, and property listings, all curated from the RED platform’s expansive database. Here’s what you can expect when you subscribe: Daily Real Estate Updates.Receive daily briefs covering the latest property listings, market trends, and news. Our updates cover every corner of the industry, from the hottest listings to investment opportunities and insights on market fluctuations.Expert Insights and Analysis.Get exclusive insights from industry professionals and thought leaders, covering everything from market predic
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JOIN THE REAL ESTATE DÁTABASE (RED) GRÓUP ON LINKEDIN AND INTERACT WITH THE BEST MINDS IN REAL ESTATE.
Are you a real estate agent looking to expand your professional network, gain industry insights, and access exclusive opportunities? Look no further! We are thrilled to invite you to join the Real Estate Database (RED) group on LinkedIn, a vibrant community of passionate real estate professionals dedicated to fostering collaboration, sharing knowledge, and driving success in the ever-evolving real estate market.
Why Join the Real Estate Database (RED) Group?
Connect with Industry Experts: The RED group on LinkedIn is a dynamic hub where real estate agents, brokers, developers, investors, and other industry experts come together. Connect with professionals who have a wealth of experience and knowledge to share. By joining RED, you'll tap into a vast network of like-minded individuals who are eager to engage, collaborate, and help each other grow.
Stay Abreast of Industry Trends: The real estate landscape is constantly evolving, and it's crucial to stay updated with the late
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ENTER YOUR DETAILS BELOW AND PRIME WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 191055
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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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