2 bedroom Rental units for sale in Namugongo Wakiso Uganda, code: 201629
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Introducing an excellent investment opportunity in the bustling neighborhood of Namugongo, Wakiso District. These 3 unit rentals are now available for sale on Kiwango Road. Each unit boasts 2 spacious bedrooms and 1 modern bathroom, perfect for small families or young professionals. Currently, each unit is rented for 500,000 Shillings, providing a steady stream of income for any potential buyer. The property sits on a generous 13 decimals of land, providing ample space for tenants and potential future expansion. With a price tag of only 280,000,000 Shillings, this is a steal for any savvy investor. The units feature neat and modern finishing, ensuring a comfortable and attractive living space for tenants. Don't miss out on this opportunity to own a valuable piece of real estate in the sought-after area of Namugongo. Act fast and make this your next lucrative investment.
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100+ RELATED PROPERTIES
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REAL ESTATE IS ONLY FOR THE BRAVE, NOT THE FAINT HEARTED.
If you're looking for an investment that's not for the faint of heart, then real estate might be the perfect choice for you. Real estate investing can be incredibly lucrative, but it's not for everyone. Only the brave are cut out for the challenges that come with investing in real estate.
Here are some reasons why real estate is only for the brave.Risk. Real estate investing comes with a significant amount of risk. You need to be able to handle the stress that comes with investing in a property that may not pay off in the long run. There's always the possibility that the market could turn against you, or that you could make a mistake that costs you a lot of money.High Entry Costs. Investing in real estate requires a significant amount of capital. You need to be able to put down a substantial down payment and have enough money to cover any unexpected expenses that may come up during the investment process. This can be daunting for many investors.Fraud.
Fraud is also a signific
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HOW EXACTLY DO VALUERS DETERMINE THE PRICE OF A PROPERTY? The valuation of a property is a critical step in the real estate market, whether you are buying, selling, refinancing, or investing in real estate. Property valuations are essential for determining the market value of a property, and they play a vital role in making informed financial decisions, and thus you must know when and why you need a valuer. But how do valuers arrive at the price of a property, and what are the different valuation methods they use? In this blog, we'll explore the intricacies of property valuation and the various methods employed by valuers.Why Property Valuation Matters.Property valuation is the process of estimating the monetary value of a property. It is an important exercise for various reasons as follows:1. Real Estate Transactions:
Property valuations are crucial for both buyers and sellers to ensure that the property is fairly priced.2. Financing:
Lenders use property valuations to determine the amount they are willing to lend for mortgage purpo
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MORNING MARKET BRIEF - SUNDAY, DECEMBER 22, 2024 Introduction: Welcome to the Daily Morning Market Brief, your go-to for the pulse of Uganda's real estate market. Never start your day without reading or listening to this important brief, the Situation Report, Market Overview, or Status Report from the Real Estate Database (RED), lest you risk missing out on crucial insights that could shape your real estate decisions.Overview: Uganda's real estate market is showing a fast-paced growth trajectory. With the demand for residential and commercial spaces on the rise, especially in cities like Kampala, Jinja, and Entebbe, Uganda's real estate market is experiencing a boom.Snapshot: The market is currently experiencing a surge in demand for affordable housing units in areas like Naalya, Ntinda, and Muyenga. Commercial properties in the Central Business District and industrial areas such as Namanve are also seeing increased interest.Update: More and more developers are focusing on delivering quality real estate projects to cater to the growi
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THE DIFFERENT LAND TYPES IN UGANDA'S REAL ESTATE INDUSTRY
Real Estate Database (RED) is a comprehensive database that includes different land types or categories. These categories are essential for classifying land for various purposes and determining its value. In this article, we will discuss the different land categories in the Real Estate Database (RED) and their significance.
Residential Land: Residential land refers to land that is suitable for building homes or residential buildings. This category includes lands that are zoned for single-family homes, multi-family dwellings, townhouses, and apartments. Residential land is the most common type of land in the Real Estate Database (RED), and it is usually located in urban and suburban areas.
Agricultural Land: Agricultural land is land that is primarily used for farming or agricultural purposes. This land category includes lands that are used for growing crops, raising livestock, or other agricultural activities. Agricultural land can be found in both rural and urban are
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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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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 201629
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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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