2 bedroom Apartment for rent in Namugongo Wakiso Uganda, code: 199113
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NAMUGONGO SPACIOUS 2 BEDROOMS APARTMENTS FOR RENT
Live in luxury at this stunning 2 bedroom, 2 bathroom apartment for rent located on the popular Namugongo Kireka road within the vibrant Wakiso District. This modern apartment offers the perfect blend of comfort and convenience at a price of only 800,000 Shillings. Enjoy the stunning views from your private balcony or relax in the spacious veranda. The apartment comes equipped with built-in wardrobes, ensuring ample storage space for your belongings. The paved compound and wall fence provide security and privacy while the presence of security guards gives you peace of mind. The apartment also features a septic tank and soak pit, ensuring efficient waste management. The spacious compound and water tank are perfect for outdoor activities and guarantee a continuous water supply. Don't miss out on the opportunity to make this apartment your new home. Contact us today to schedule a viewing.
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🏚️Balcony
🚪Built in wardrobes
💠Paved compound
👮Security guards
🕳️Septic tank
🕳️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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20+ LAWS GOVERNING REAL ESTATE IN UGANDA.
Real estate investment can be a lucrative venture in Uganda, but it also comes with its fair share of legal complexities. To avoid legal issues and ensure compliance, it's important for investors and property owners to be familiar with the laws and regulations governing the industry.
Here are some of the key laws that investors and property owners should be aware of:
The Land Act The Land Act is a law that has a significant impact on the real estate industry in Uganda. This law regulates various aspects of land ownership, management, and use, including the acquisition and transfer of land titles, leasehold transactions, and land disputes. The Land Act also sets out the procedures for registering land ownership and creating interests in land, such as mortgages, leases, and easements. Additionally, the law establishes the rights and obligations of landowners and occupiers, and provides for the management of public land. Compliance with the Land Act is essential for real estate inve
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THE 3 KEY FACTORS THAT WILL DETERMINE YOUR INVESTMENT IN REAL ESTATE.
Investing in real estate can prove to be a lucrative venture. However, before taking the plunge, it is crucial to assess and comprehend the key factors that will significantly impact your investment decisions.In a recent interview that has been featured on LinkedIn, Judy Rugasira from Knight Frank Uganda highlighted the three factors that should be considered before venturing into real estate. I concur that these factors are indeed crucial, and this has prompted me to initiate a discussion within my circles and followers by composing this blog on the subject. The highlighted factors are the 1) Risk Profile, 2) Risk Capacity, and 3) Investment Horizon. 1. Risk Profile: Know Thyself.The first and foremost question to ask yourself is, "What is my risk profile?" Understanding your risk tolerance is essential in shaping your investment strategy. Are you comfortable with high-risk investments that have the potential for higher returns, or do you prefer a more conservative approach? Your risk
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THE ULTIMATE ÇHRISTMAS GIFT IS A NEW HOUSE, HERE'S WHY.
Many Ugandans are preparing to share the joy of Christmas with family and friends. It's a time for giving, gratitude, and creating lasting memories. While typical gifts like electronics, clothing, and hampers are wonderful, have you ever considered giving your loved ones the ultimate Christmas gift, a new house?Here's why a house could be the most meaningful and life-changing present this Christmas: 1. A Foundation for Generational Wealth.Owning property is one of the most secure ways to build and pass down wealth in Uganda. A new house not only provides shelter but also serves as an asset that appreciates over time. By investing in a home, you're setting your family on a path toward financial security. 2. A Gift That Keeps Giving.Unlike gadgets that may break or clothes that wear out, a house is a long-lasting gift. It's a sanctuary where your family can create cherished memories for years to come. It's a place for holiday celebrations, birthdays, and milestones that will be remembere
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MATCHING THE RIGHT BUYER TO THE RIGHT SELLER: A GUIDE FOR REAL ESTATE AGENTS.
One of the most critical skills a successful agent must possess is the ability to match the right buyer with the right seller. This process goes beyond simply connecting two parties; it involves understanding the needs, preferences, and circumstances of both buyers and sellers to ensure a seamless and satisfactory transaction for all involved. Here's a comprehensive guide to mastering this art. Understanding Buyer Profiles. 1. First-Time Homebuyers.First-time homebuyers often look for affordability, good neighborhoods, and properties that require minimal renovation. They value guidance and may need assistance with understanding the buying process, financing options, and long-term value. 2. Investors.Investors are focused on ROI (Return on Investment). They are interested in properties with high rental yields, potential for appreciation, and low maintenance costs. They are often more analytical and less emotionally driven in their purchases. 3. Upsizers.These buyers are looking to move
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WHAT ARE THE DIFFERENT TYPES OF PROPERTY BUYERS?
In the dynamic world of real estate, the diversity of property buyers is as varied as the properties themselves. Each buyer comes with unique motivations, preferences, and circumstances that influence their purchasing decisions. Understanding the different types of property buyers can provide valuable insights for sellers, agents, and investors alike. From first-time homebuyers to seasoned investors, let's delve into the intriguing spectrum of property buyers and uncover what sets them apart.
The First-Time Homebuyer
The first-time homebuyer is embarking on a significant life milestone. Often young professionals or couples, they are looking to make the transition from renting to owning. These buyers are driven by emotional and practical factors alike. A stable neighborhood, proximity to work, and potential for growth are all considerations that weigh heavily on their minds. The process is often fraught with excitement and apprehension as they navigate the complexities of mortga
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WHY SOME TENANTS RENT PROPERTIES THEY CAN'T AFFORD.
Navigating the intricate relationship between landlords and tenants often unveils a web of complexities. One recurring scenario that has captured attention revolves around tenants opting for properties that stretch their financial boundaries. Though this decision may appear perplexing at first glance, it's underpinned by a multitude of factors and motivations.
It's worth mentioning at this juncture that the inspiration for this blog post was inspired by a stimulating LinkedIn discussion that transpired between myself and two industry experts: Grace Mukamwezi, a property manager at Spectrum Real Estate Solutions Uganda, and Racheal Nabanoba, an operations officer at GIBS Solutions Gateway Ltd. The discussion revolved around the topic of "late rent payments."
In this dialogue, Grace offered her perspective, asserting that prolonged struggles with rent payment shouldn't persist year after year. It's prudent to assess your financial situation and, if necessary, vacate the propert
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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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IF THE HOUSES YOU ARE LOOKING AT ARE VERY EXPENSIVE, YOU ARE LOOKING IN THE WRONG LOCATIONS
If you find yourself browsing property listings in the Real Estate Database that seem excessively expensive (or surprisingly cheap), you may be searching in the wrong locations. Avoid looking for houses or land in areas like Naguru, Kololo, Nakasero, Mbuya, or Bugoloobi if your budget aligns more with locations like Kasokoso, Bulindo, Gayaza, or Namavundu.It’s true that many buyers prefer homes closer to the city center to be near their workplace. However, the closer you get to the city, the higher the property prices become. Several property listing platforms, such as RealEstateDatabase.net or Lamudi.co.ug or Realtor.ug, feature thousands of properties across various locations, allowing you to find something that fits your current budget.If your budget is a limiting factor in your property search, focus on areas where your budget is more likely to match the property prices. If you're unsure where to look, use the price range search filters on platforms like the Real Estate Datab
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HOW TO FIND A GOOD REAL ESTATE AGENT OR BROKER OR REÁLTOR IN UGANDA
The real estate market in Uganda has been steadily growing, making it an attractive option for both buyers and sellers. Whether you're a first-time homebuyer, a property investor, or someone looking to sell their home, one of the most important decisions you'll make is choosing the right real estate agent or broker to guide you through the process. This decision is crucial because the right agent can mean the difference between a smooth and successful transaction and a stressful and unsatisfactory one.Approximately 89% of homeowners in Uganda choose to work with real estate agents or brokers when buying or selling a property. With so many options available, it's essential to know how to find the right professional to meet your specific needs. To help you in your search, we've compiled a list of key questions to ask potential real estate agents or brokers: 1. What Experience Do You Have?The level of experience a real estate agent or broker possesses is vital in understanding their kno
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ENTER YOUR DETAILS BELOW AND PRAISE WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 199113
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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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