2 bedroom Rental units for sale in Namugongo Wakiso Uganda, code: 216428
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QUICK SALE: 3 UNIT RENTAL PROPERTY IN NAMUGONGO
PRICE:280 Million UGX
LOCATION:Namugongo Town, after Protestant Shrine
PROPERTY FEATURES:
- 3 solid rental units
- Each unit has 2 self-contained bedrooms
- Seated on 13 decimals of private mailo land title
- Excellent neighborhood with high demand
INCOME GENERATING:
- Each unit generates 700k UGX/month
- Fully occupied, total income: 2.1 million UGX/month
BENEFITS:
- High-yielding investment opportunity
- Secure land ownership (mailo land title)
- Prime location in Namugongo Town
- Quick sale, don't miss out!
CONTACT
Phone: 0705 218 332 / 0780 983 661
ADDITIONAL DETAILS:
- Property type: Residential
- Property status: For sale
- Price negotiable: Yes
- Agents welcome: Yes
INVESTMENT HIGHLIGHTS:
- 7.5% monthly yield
- 90% occupancy rate potential
- Long-term appreciation
Don't miss this lucrative investment opportunity! Call now to inquire or schedule a viewing.
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🚪Built in wardrobes
🔶Ceramic tiles
🌹Garden area
🚘Lots of parking
💠Paved compound
🏞️Specious compound
🚧Wall fence
🚰Water tank
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QR CODE
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100+ RELATED PROPERTIES
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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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THE MINIMUM SIZE OF LAND REQUIRED FOR A LAND TITLE IN UGANDA.
Obtaining a land title is a crucial step in establishing ownership, but there are regulations that dictate the minimum size of land eligible for titling. The Ministry of Lands, Housing, and Urban Development has a policy that limits the issuance of land titles for plots smaller than 12.5 decimals (approximately 0.125 acres or 0.051 hectares) or smaller than 50x100 feet (approximately 0.046 hectares) in size. Key Objectives of the Policy.
1. Encouraging Land Consolidation: By limiting titles for smaller plots, the policy aims to encourage the consolidation of small plots into more economically viable landholdings. This promotes better land utilization and encourages larger, more productive estates. 2. Simplifying Land Administration: Managing small, fragmented plots can be administratively complex and costly. By setting a minimum size requirement, the government reduces the complexities involved in land management.3. Promoting Efficient Land Use: Larger consolidated
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WHÉN AND WHY DO YOU NEED AN ARCHITECT?
Architecture is a crucial aspect of any construction project, whether it be a building, a bridge, or a residential block. An architect is responsible for designing the structure and ensuring that it meets all the necessary requirements. In this blog, we will discuss when and why you need an architect.
When do you need an architect?
When designing a new building: If you are planning to construct a new building, you will need an architect to design the structure. The architect will create the blueprints and plans for the building, taking into account factors such as the site, building codes, and zoning laws.
When renovating an existing building: If you are renovating an existing building, an architect can help you redesign the space to meet your needs. They can also ensure that the renovation complies with building codes and regulations.
When adding an extension to an existing building: If you are planning to add an extension to your home or business, an architect
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THE ORDERLINESS OF REAL ESTATE CAN HELP TO VISUALLY ASSESS THE WEÁLTH OF A CÓUNTRY OR A NEIGHBORHOOD.
The orderliness of real estate stands out as a compelling visual indicator of wealth. Beyond the glossy facades and manicured lawns, the arrangement and condition of properties can reveal a great deal about the economic health and prosperity of an area. This blog explores how the organization and maintenance of real estate serve as a visual barometer for assessing the wealth of a country or neighborhood.The Symmetry of Success.Picture a street lined with well-kept homes, each showcasing a symphony of architectural prowess and landscaping finesse. The orderliness in the arrangement of these properties reflects a community that values and invests in its surroundings. The presence of meticulously maintained lawns, uniform fences, and harmonious designs suggests a collective commitment to maintaining a high standard of living.In countries where economic prosperity is widespread, this orderliness extends beyond individual homes to entire neighborhoods and cities. The skyline becomes a testa
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DEALING WITH THE WORST REAL ESTATE AGENT EVER.
Buying or selling a home is a major life event. It's a process that demands careful consideration and expertise, and a crucial part of this process is finding the right real estate agent to help you navigate the complex world of property transactions. Unfortunately, not all real estate agents are created equal, and some fall far short of the mark, leading to disappointing experiences for their clients. In this blog, we'll explore the story of the worst real estate agent ever and the lessons we can learn from his colossal failures.The Incompetent Agent.Mr and Mrs Gulimunda, a middle aged couple were excited to purchase their first home after many years of renting. Eager to embark on this new journey, they enlisted the help of a real estate agent called Sinkabadikukudu, Little did they know that they were about to experience a nightmare in the world of real estate.1. Lack of Communication.From the outset, Sinkabadikukudu displayed a shocking lack of communication skills. He failed to res
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PROPERTY MANAGERS ARE MISSING IN THE LANDLORDS AND TENANTS ACT
Property managers are (in)famous for evicting tenants. A tenant who was once thrown out of his apartment (read premises) will never forget the property manager who threw him out.
It so happens that most of the times I have interacted with property managers, they will occasionally make or receive a call from a problematic tenant and then exchange tough words in my presence.
The very first property manager I interacted with in Uganda is called Andrew Mukiibi from Premier Property Lettings Ltd, that was way back in 2006 when i was trying to make my entry into the real estate industry, at that time, his office was on 1st street, next to what was then known as Ange Nior Discotheque.
When I went to his office, I found him in a very horrible mood as he was in the midst of a heated and lengthy phone argument with a problematic tenant at the time when I arrived.
I even contemplated rescheduling my meeting with him based on the assumption that our meeting may be affected by his mood, and thu
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WHAT EXACTLY IS COMMINGLING IN REAL ESTATE, AND HOW DOES IT APPLY TO REAL ESTATE AGENTS
Commingling is a term that is commonly used in the real estate industry. It refers to the practice of mixing clients' funds with the real estate agent's own money in a single account. In other words, commingling is when a real estate agent uses their clients' money for personal use or puts it in their own account.
Commingling can have serious consequences for both the real estate agent and their clients. For example, if a real estate agent is found to be commingling their clients' funds, they can lose their license and face fines or other penalties. Clients, on the other hand, may lose their money or have their transactions delayed or disrupted.
Real estate agents are required to follow strict regulations when it comes to handling their clients' funds. These regulations are designed to protect clients from fraud and ensure that their funds are used for the intended purpose. For example, real estate agents are required to maintain separate accounts for their clients' funds and
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LOCATIONS AROUND KAMPALA WITH THE BEST INFRASTRUCTURE FOR REAL ESTATE DEVELOPMENT.
When it comes to real estate development, infrastructure is one of the most crucial factors that can make or break an investment. In Kampala, Uganda's bustling capital, certain locations stand out for their robust infrastructure, making them prime areas for real estate development. Here’s a look at the top locations around Kampala with the best infrastructure and why they are ideal for real estate investment. 1. Kololo.Kololo is one of Kampala's most prestigious neighborhoods, known for its well-established infrastructure. The area boasts well-paved roads, reliable electricity, and water supply, making it highly attractive for both residential and commercial developments. The presence of international schools, hospitals, and embassies adds to its allure, making it a preferred choice for expatriates and high-net-worth individuals. 2. Naguru.Naguru is another prime location with top-notch infrastructure. The area has seen significant development over the years, with modern roads, e
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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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ENTER YOUR DETAILS BELOW AND MARGARET WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 216428
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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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