2 bedroom Rental units for sale in Namugongo Wakiso Uganda, code: 207694
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Experience the perfect blend of comfort and convenience with this incredible investment opportunity in Namugongo. This property boasts 5 rental units, each featuring 2 spacious bedrooms and 1 modern bathroom. Situated on 25 decimals of prime land in Mbalwa, these units are currently generating a monthly income of 3 million shillings. With a price tag of only 400 million shillings, this is a rare chance to own a profitable rental property in the highly sought-after area of Namugongo.
Located on Mbalwa road within the bustling Wakiso District, this property offers easy access to major roads and public transportation, making it a desirable location for both tenants and investors. The land tenure is Mailo, ensuring secure ownership and a hassle-free transfer of ownership. The total size of the land is 25 decimals, providing ample space for future development or expansion.
These rental units are thoughtfully designed and well-maintained, offering a comfortable and modern living space for tenants. Each unit comes equipped with all the necessary amenities, including a fully functioning bathroom and spacious bedrooms. The property also features ample parking space, ensuring convenience for tenants with vehicles.
With its prime location and high monthly income, this property is a lucrative investment opportunity that should not be missed. Whether you are looking to expand your real estate portfolio or generate a steady stream of income, this property in Namugongo is the perfect choice. Hurry and seize this opportunity to own a piece of prime real estate in one of the most desirable areas in Wakiso District. Don't miss out on this amazing offer, schedule a viewing today!
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61 RELATED PROPERTIES
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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 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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THE REAL ESTATE PEAK SEASON HAS ARRIVED, HOW DO YOU TAP INTO IT USING THE RED?
As each year comes to an end, a golden opportunity awaits real estate agents, brokers, realtors, developers and property managers. November, December, and January mark the peak season for real estate agency transactions, fueled by an influx of money-loaded holidaymakers, expatriates and the diaspora fondly referred to as the Ba-Summer or Nkuba Kyeyo or Kadama.These individuals, primarily returning from the Middle East, UK, and USA, are eager to invest in properties for personal use or as future income sources. The arrival of these Ugandans from the diaspora is your moment to shine as an agent, broker, realtor or developer, and the Real Estate Database (RED) is here to amplify your reach. Denis Musoke, the founder of Rentwide Limited, has confirmed that "inquiries are currently pouring in from the RED everyday, leading to more deals being closed at a faster rate". He adds that his real estate agency business is currently thriving and has become increasingly predictable, with prope
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THE MOST COMMON HOME BUYING MISTAKES IN UGANDA.
Buying a home is one of the biggest investments you'll ever make, so it's important to do your due diligence before making the final decision. Unfortunately, many home buyers in Uganda make common mistakes which can result in significant long-term financial losses. In this blog post, we'll discuss some of the most common home buying mistakes in Uganda and how you can avoid them.
Not doing enough research.
One of the biggest mistakes home buyers make is not doing enough research when choosing the right property. This can include not researching the neighborhood, not researching the local real estate market, and not researching the property itself. It's important to gather as much information as possible before making a decision. Look at the crime rate in the area, the proximity to schools and other amenities, and the potential for future development. Additionally, you should research the property's history, including any previous owners, renovations, and repairs.
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HOW TO BUY A HOUSE IN INSTALLMENTS IN UGANDA.
Purchasing a home represents a substantial financial commitment, and for numerous individuals in Uganda, paying the entire cost upfront can pose a formidable hurdle. Fortunately, there exist viable alternatives that can transform the aspiration of homeownership into a tangible reality.
One such avenue is the practice of acquiring a property through incremental payments, often referred to as "pay as you go" or "pay mpola mpola." In this article, we will delve into the intricacies of purchasing a property in Uganda through installment payments, providing you with essential insights to guide you through the process.
Determine Your Budget: The first step in buying a house in installments is to determine your budget. This will help you determine what type of property you can afford and what the monthly payment will be. It's also essential to have a clear understanding of your financial situation and any debts or obligations you may have.
Find a Reputable Developer or Real Estate
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EXPLORING EVICTION ÁLTERNATIVES AND CREATING A COMPASSIONATE APPROACH TO HOUSING.
The issue of eviction has become a pressing concern in many parts of the world, especially in urban areas where housing costs are rising faster than income levels. Evictions can lead to severe consequences, including homelessness, economic instability, and detrimental impacts on mental and physical health. To address this pressing challenge, it is essential to explore alternatives to eviction that prioritize compassion, collaboration, and sustainable solutions for both tenants and landlords.
Rental Assistance Programs
Rental assistance programs have proven to be effective in preventing evictions and providing much-needed relief to struggling tenants. These programs can be funded by government agencies, nonprofit organizations, or even private initiatives. By offering financial aid directly to tenants or reimbursing landlords for unpaid rents, rental assistance programs can help bridge the gap between income limitations and rising housing costs.
Mediation and Negotiation
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ENTER YOUR DETAILS BELOW AND DIXON WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 207694
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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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