2 bedroom Rental units for sale in Namugongo Wakiso Uganda, code: 210933
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2 rental units for sale in the hearts of Namugongo each unit has 2 bedrooms 2 bathrooms making 1.8m selling 220m
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💠Paved compound
🕳️Septic tank
🏞️Specious compound
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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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WITH TOO MANY AGENTS SELLING THE SAME PROPERTIES, HOW DO YOU NAVIGATE A SELLER'S MARKET.
In a seller's market, where demand for properties in a specific location exceeds supply, multiple agents may represent the same property in hopes of securing a commission. While this may seem like a win for the seller, it can lead to confusion and frustration for potential buyers who are inundated with offers and approached by multiple agents.
In this blog, Let's explore the challenges that arise when too many agents are marketing the same properties in a seller's market, and also offer insights into how buyers and sellers can navigate this complex real estate landscape.
A seller's market occurs when there is high demand for properties but a limited supply available for sale. This situation is particularly prevalent in certain areas of Kampala, such as the upscale neighborhoods of Kololo, Naguru, Nakasero, Ntinda and lower level neighborhoods including most parts of western Kampala (Rubaga division).
In these areas, there are few listings available for sale,
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BRINGING VALUABLE REAL ESTATE KNOWLEDGE TO YOUR EARS.
In an era characterized by information overload and busy schedules, the way we consume content has evolved dramatically. Traditional reading habits have given way to more convenient and accessible forms of information consumption, such as Audio Podcasts.
In many parts of the world, including Africa, people are discovering the joy of learning through their ears rather than their eyes. The Real Estate Database (RED) recognizes this shifting preference and has introduced a transformative initiative called "The Sound of Real Estate."
This podcast series, aimed at catering to the needs of busy Africans seeking real estate insights on the go, represents a paradigm shift in how we access real estate content. This shift begs the question: Do Africans prefer listening to reading? Let's delve into this intriguing notion and explore why RED's move to provide podcasts is a game-changer.
The Power of Audio: A Global Phenomenon.The preference for audio content is not limited to any specific regio
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THE FASTEST WAY TO FIND A GOOD TENANT IN UGANDA
The master key to quickly finding a good tenant in Uganda is to list your property on the top property listing portal in the country. If no one knows about your property, how will you generate income from it? The longer your rental property is vacant, the more you will lose as a landlord.
Thankfully, there are plenty of other ways to get the word out about your rental property. Here are five main ways to market your rental so you can find tenants quickly.
Advertise Your Rental Property Online We live in the age of the internet and if you don’t market your rental online, you will shrink your pool for potential applicants significantly because most renters search online to find their next home. Fortunately, there are a plethora of online listings services in Uganda that you can use to market your rental property. With property listing portals like Lamudi.co.ug or Realtor.ug or RealEstateDatabase.net, you are now able to connect and share information with people across
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EID-UL-ADHA AND EID-UL-FITR, WHAT IS THE DIFFERENCE?
Eid-ul-Adha and Eid-ul-Fitr are two important festivals celebrated by Muslims worldwide. These festivals hold great significance in Islamic culture and are marked by communal prayers, feasts, and acts of charity. While both festivals are joyous occasions, they have distinct origins, rituals, and purposes. In this blog, we will explore the differences between Eid-ul-Adha and Eid-ul-Fitr, shedding light on their unique characteristics and cultural importance.
Eid-ul-Fitr:
Eid-ul-Fitr, also known as the "Festival of Breaking the Fast," marks the end of the holy month of Ramadan. Ramadan is a period of fasting, prayer, self-reflection, and increased devotion for Muslims worldwide. The festival of Eid-ul-Fitr is a celebration of successfully completing the fasting month and expressing gratitude to Allah for the strength and blessings received throughout Ramadan.
Spiritual Significance: Eid-ul-Fitr holds immense spiritual significance for Muslims as it symbolizes purification, self-
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MBAALE DISTRICT REAL ESTATE MARKET TRÈNDS
Nestled in the scenic landscapes of eastern Uganda, Mbaale is emerging as a promising hub for real estate development. With a rich cultural heritage and a growing economy, this city is witnessing a real estate renaissance. In this blog, we'll delve into the key trends shaping the real estate landscape in Mbaale.
Historical origins
The name is commonly writen as Mbale from colonial times but is generaly pronounced as Mbaale. One theory links "Mbale" to the Gisu culture, a Bantu ethnic group in Uganda. According to this explanation, the name might be derived from the Gisu word "embaale," which translates to "plain" or "open space." This refers to the area where the city of Mbale is situated, which was originally an open grassland.
1. Rapid Urbanization and Infrastructure Development:Mbaale is experiencing significant urbanization as people migrate from rural areas to urban centers in search of better opportunities. This influx has fueled the demand for housing and commerci
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THE DUBAI/UGANDA BUSINESS TO BUSINESS PROPERTY EXPO.
Mark your calendars for an exceptional event that bridges two vibrant real estate markets. The Dubai – Uganda Business to Business Property Expo. Scheduled for May 31st to June 2nd, 2024, at the Fairway Hotel in Kampala, this expo promises to be a pivotal moment for property investors and developers.Event Details.- Dates: May 31st to June 2nd, 2024- Venue: Fairway Hotel, Kampala- Time: 8.30 AM to 5.00 PMHosted by Property Services Limited (PSL) in collaboration with Gold Coast UAE, this expo is more than just an event, it's a convergence of industry leaders, investors, and real estate professionals from both Uganda and Dubai. About Property Services LimitedEstablished in 1990, Property Services Limited has grown into one of Uganda’s leading property developers. Over the years, PSL has been instrumental in shaping the skyline of Kampala with numerous landmark developments. The company’s expertise spans the entire spectrum of real estate services, including development,
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WHAT JOMAYI'S COLLAPSE TEACHES US ABOUT REAL ESTATE.
The collapse of Jomayi Property Consultants Ltd, once Uganda's most prominent real estate company, serves as a cautionary tale for developers navigating the complexities of the industry. As the dust settles on Jomayi's demise, it's crucial for other developers to reflect on the factors that led to its downfall to safeguard their own ventures.Financial Prudence and Debt Management.At the heart of Jomayi's downfall lies financial mismanagement and debt accumulation. The company's inability to honor its financial obligations, particularly to NC Bank, ultimately led to its insolvency. Despite entering into agreements and consent judgments, Jomayi failed to adhere to payment schedules, triggering legal action and liquidation proceedings. For real estate developers, this underscores the importance of prudent financial management, including disciplined debt repayment and meticulous cash flow forecasting.Risk Mitigation and Diversification.Jomayi's overreliance on specific assets, such as the
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IF YOUR TENANT IS YOUR FRIÈND, WHAT ARE THE ADVANTAGES AND DISADVANTAGES?
Having a friend as a tenant can come with both advantages and disadvantages. Here are some of them:
Advantages:
Trust: You already have an existing relationship with your friend, so you may trust them to take care of your property and pay rent on time.
Communication: It can be easier to communicate with a friend, as you may be more comfortable discussing issues related to the property and resolving any problems that arise.
Flexibility: Your friend may be more understanding if there are any issues with payment or the property, and may be more flexible with the terms of the lease.
Convenience: It may be more convenient to have a friend living in your property, as they are already someone you know and trust, which can save you time and effort when finding a new tenant.
Disadvantages:
Strained Relationship: If any issues arise with the property, it could put a strain on your friendship, which could be difficult to repair.
Financial Concerns: It's
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DO YOU HAVE WHAT IT TAKES TO BE A REAL ESTATE AGENT?
Are you considering a career in real estate? It's a field filled with promise, opportunity, and the potential for great success. Yet, not everyone is cut out for the challenges and demands of this profession. Being a real estate agent goes beyond buying and selling properties; it requires a unique blend of values and behaviors to thrive in a competitive market.So, do you have what it takes to be a real estate agent? Let's delve into the essential values and behaviors that serve as a guide in this dynamic industry.1. Passion for People and Properties.Successful real estate agents are driven by a genuine passion for helping people achieve their homeownership dreams. They thrive on building relationships, understanding clients' needs, and matching them with the perfect property. A love for architecture, design, and the unique stories behind each home adds depth to their passion.2. Exceptional Communication Skills.Effective communication is the cornerstone of any real estate transaction. F
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ENTER YOUR DETAILS BELOW AND YUSUF WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 210933
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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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