2 bedroom Apartment for rent in Namugongo Wakiso Uganda, code: 219553
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EXECUTIVE 2BEDROOM APARTMENT FOR RENT
Escape the hustle and bustle of the city and come home to this spacious 2-bedroom, 2-bathroom apartment for rent in Namugongo. Situated just a stone's throw away from the main road, this self-contained unit offers convenience and comfort all in one. The living room provides ample space for relaxation and entertainment, while the balcony provides a peaceful spot for enjoying a cup of coffee or watching the sunset. The bedrooms come equipped with built-in wardrobes for easy storage, and the ceramic-tiled bathrooms offer a touch of elegance. With a paved compound and lots of parking, you never have to worry about finding a spot for your car. The outdoor shower is perfect for cooling off on hot days, and the veranda provides a cozy spot for outdoor gatherings. Rest easy knowing that your safety is a top priority with CCTV, security guards, and a wall fence. Other amenities include a septic tank, water fountain, and water tank. All of this can be yours for just 650,000 Shillings per month. Don't miss out on this opportunity to call Namugongo your new home.
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🏚️Balcony
🚪Built in wardrobes
📡Cable TV
🎥CCTV
🔶Ceramic tiles
🚘Lots of parking
🚿Out door shower
💠Paved compound
👮Security guards
🕳️Septic tank
🏞️Specious compound
🚪Store
🏫Tiled roof
🏡Veranda
🚧Wall fence
💧Water fountain
🚰Water tank
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100+ RELATED PROPERTIES
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THE DIFFERENT HOUSE TYPES IN UGANDA'S REAL ESTATE INDUSTRY
If you are looking to invest in residential real estate within Uganda, it is important to understand the different house types available on the market. In this article, we will discuss the various property types that you can find on the Real Estate Database (RED) and other platforms like Lamudi Uganda or Realtor Uganda.
Bungalow: A bungalow is a popular housing option in Uganda, particularly in high-class locations where they typically occupy an acre of land, and in law class locations, they are built on a 100 by 50 decimal plot. These single-story houses offer a simple and affordable living experience, with two to three bedrooms and a living area. Additionally, bungalows in Uganda, especially in Kampala and Wakiso, are usually surrounded by a wall fence, providing an additional layer of privacy and security for the residents. For those seeking a single-story living arrangement, bungalows offer an ideal choice.
Apartment: An apartment is a self-contained unit within a larger buildi
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WHAT IS THE MINIMUM AMOUNT I SHOULD DEPOSIT FOR A HOUSE IN CASÈ AM TO PAY IN INSTALLMENTS?
When you embark on the exciting journey of buying your dream home, one of the critical financial considerations is the minimum down payment. Your down payment depends on several factors that can significantly impact your mortgage, monthly payments, and overall homeownership experience. In this blog post, we'll explore the factors that influence the minimum down payment and offer guidance on how to navigate this important step in the homebuying process.1. Down Payment Percentage.The first thing to understand is that the minimum down payment is typically calculated as a percentage of the home's purchase price. Commonly, this percentage is consistently emphasized to be at least 30%, as outlined in a USAID report titled "Improving Accessibility to Financial Housing Products for Uganda's Health Sector". However, it can vary depending on your specific situation and the type of mortgage you're pursuing. For instance, government-backed loan programs may allow for lower down payments, but they
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PLENTY OF LAND FOR SALE IN UGANDA KAMPALA
Uganda's capital city, Kampala, is one of the most sought-after destinations for land investment in Africa. As the city continues to grow and thrive, now is the perfect time to get in on the action.
From luxurious residential areas, like Kololo and Nakasero, to the bustling central business district, the options for Land for Sale in Uganda are vast. Imagine owning a piece of one of the fastest-growing cities in Africa, where modern shopping centers, hotels, and office buildings are constantly being built, and new businesses are springing up every day.
For those looking to start a business, the city's central business district is a hub of activity, and prime commercial plots are available for purchase. And for the more ambitious investors, there are large plots of Land for Sale in Uganda waiting to be developed into the next big project. Whether you are looking to build a residential complex, a shopping center, or a manufacturing facility, the opportunities in Kampala are endless.
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IT'S TIME TO EMBRACE EXCLUSIVE LISTINGS OVER OPÈN LISTINGS.
During an online interaction with Shirley Kongai, the President of AREA Uganda, on LinkedIn, she responded to one of my newsletter articles by posting a comment with the exact same title as this blog. Her post therefore inspired me to write on the topic. I "liked" and "commented" on her post, even though her stance contrasts with my "open market capitalistic ideology." Here's why.
Given the current chaos in our local real estate market added to the fact that too many agents are selling the same properties, it's clear that exclusive listings could help solve many of the duplication issues on the Real Estate Database (RED) and other platfoms, which often lead to inconsistencies.
While the traditional model of open listings may offer flexibility, exclusive listings have several advantages that can lead to better outcomes. However, it's also essential to acknowledge the potential downsides. Let's explore why property owners in Uganda should consider embracing exclusi
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NOT EVERYONE CAN BUY OR BUILD A HOUSE, JUST LIKE NOT EVERYONE CAN AFFORD TO BUY A CAR.
Have you ever found yourself wondering why developers aren't constructing houses tailored for low-income earners? The answer lies in a simple economic reality, the cost of materials and land often surpasses what those with modest incomes can afford. In a world where housing demand outstrips supply, developers prioritize projects that cater to a higher income spectrum. This blog aims not to discourage the dream of homeownership but to shed light on the practicalities of achieving it, especially for those with limited financial means.Recently, during a presentation on Real Estate Database (RED) listings to young IT professionals, a question arose: why doesn't RED feature homes for low-income earners? The term "low income" was loosely defined as earning around 300,000. In response, it was emphasized that if someone earning 300,000 is employed within Kampala, the most viable option is renting until their income surpasses this threshold.Consider this, with a 300,000 income in Kampala, how m
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2025 IS THE YEAR IN WHICH THE REAL ESTATE MARKET IN UGANDA IS EXPECTED TO THRIVE.
As we step into the promising year of 2025, the real estate landscape in Uganda is poised for unprecedented growth and development. With a combination of favorable factors, including economic stability, infrastructure advancements, rapid urbanization, government initiatives, and foreign investment, the stage is set for the real estate sector to flourish. In this blog post, we will explore the key factors contributing to the anticipated boom in Uganda's real estate market and the opportunities it presents for investors, developers, and homebuyers.1. Economic Stability and Growth:Uganda has experienced steady economic growth in recent years, fostering an environment conducive to real estate development. A stable economy attracts both domestic and foreign investors, leading to increased demand for commercial and residential properties. As the country continues to diversify its economic base, the real estate sector stands to benefit from sustained growth and stability.2. Infrastructure Dev
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THE STORY BEHIND THE INSCRIPTION: THIS LAND IS NOT FOR SALE.
In Uganda, across Africa, and even in your local neighborhoods, you might come across houses, walls, or plots of land boldly inscribed with the phrase "This Land Is Not for Sale." This seemingly straightforward statement carries a weight of cultural, historical, and economic significance, particularly in urban areas and regions recovering from conflict. A Defense Mechanism For Prime Urban Land. In cities and towns, these words are often written on urban prime properties, old houses, shell structures, or perimeter walls of empty and often abandoned plots. These are high-value areas where fraudsters are most likely to exploit unattended land or structures, duping unsuspecting buyers into fake transactions. When you see such inscriptions, it's often a sign that the property has already been targeted multiple times by con artists. To safeguard their assets, owners resort to this visible warning as a defense mechanism. Protecting Against Fraud.At its core, the ins
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REAL ESTATE IS MOVING FRÓM 2024 TO 2025, ARE YOU READY?
As 2024 comes to an end, Uganda's real estate market stands as a testament to growth and resilience, presenting unique opportunities for those prepared to adapt. From urbanization to technological advancements, the landscape has been dynamic, setting the stage for an even more transformative 2025. Here's everything you need to know to smoothly navigate the transition from 2024 to 2025, ensuring you're well-prepared for the opportunities and challenges the new year may bring. Uganda's Real Estate Market in 2024: A Year in Review.Uganda's real estate market in 2024 was defined by significant growth fueled by urbanization, infrastructure development, and shifting buyer preferences. These trends have reshaped the industry, offering exciting opportunities for developers, investors, and homeowners alike. Key Trends Shaping 2024:1. Urbanization and Infrastructure Development.
Cities like Kampala and Entebbe expanded rapidly, driving demand for housing and commercial spaces.&nb
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HIGH CONSTRUCTION COSTS IN UGANDA, WHY IS THAT?
Uganda, the vibrant East African nation known for its rich cultural heritage and stunning landscapes, has been witnessing a surge in construction activities in recent years. However, one pressing challenge that often hampers the progress of construction projects is the issue of high construction costs. These escalating costs can impede infrastructure development, housing initiatives, and overall economic growth. In this blog, we delve into the various factors contributing to the high construction costs in Uganda, shedding light on the challenges faced by the construction industry and exploring potential solutions.
Limited local production and reliance on imported materials:
One of the primary factors driving up construction costs in Uganda is the limited local production of construction materials. The construction industry heavily depends on imported materials such as cement, steel, glass, and machinery, leading to increased expenses due to transportation costs, import duties,
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ENTER YOUR DETAILS BELOW AND WANYAMA WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 219553
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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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