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This brand new 4 bedroom 3 bathroom Bungalow for sale in Kira on Shimon road is a great opportunity to own a home in a beautiful and serene environment. The house is situated in Wakiso District and offers 13 decimals of land in total. The asking price for this property is 450,000,000 Shillings and is slightly negotiable.
This property is situated in a wonderful neighborhood with easy access to schools, shopping centers, and other amenities. The house has a large and spacious living area with a beautiful kitchen and dining room. Additionally, it features four bedrooms and three bathrooms, offering ample space for the entire family.
The property is well secured, has ample parking space and a private garden. The house is surrounded by a beautiful garden with lush green lawns making it a perfect place to relax. The house is also equipped with modern amenities such as solar power, a backup generator, and a water tank.
The title to this property is ready and available to the new owners, with complete documentation of the land tenure being mailo land. This is a great opportunity to own a brand new home in a peaceful and secure environment. The price and the land tenure are both slightly negotiable.
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100+ RELATED PROPERTIES
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DOES RAMADAN AFFECT HOW PEOPLE SEARCH FOR PROPERTY?
Ramadan, the holy month observed by Muslims worldwide, brings about significant changes in various aspects of daily life. From fasting during daylight hours to increased religious observance and community gatherings, Ramadan influences not only personal routines but also consumer behavior.
In recent years, businesses across various sectors have recognized the importance of understanding Ramadan's impact on consumer trends. One such area where this impact is notable is in the real estate industry. In this blog, we explore how Ramadan affects property searches and what property owners and real estate agents can do to adapt to these changes.Cultural Significance of Ramadan.Ramadan holds immense cultural and religious significance for Muslims globally. It is a time of spiritual reflection, increased prayer, acts of charity, and community bonding. The fasting from dawn to sunset fosters a sense of discipline and self-control among observers. Moreover, Ramadan is a time when familie
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WAYS TO FUTURE PROOF YOUR PROPERTY MANAGEMENT BUSINESS.
In today's ever-evolving world, staying ahead of the curve is essential for businesses, including property management firms. With technology, customer preferences, and industry trends constantly changing, future-proofing your property management business becomes crucial to maintain relevance, attract clients, and drive growth. In this blog, we will explore some intelligent strategies to ensure your property management business remains competitive and successful in the years to come.
Embrace Technology
One of the most critical aspects of future-proofing your property management business is embracing technology. Adopting property management software can streamline operations, automate routine tasks, enhance communication, and provide valuable data insights. A cloud-based management platform enables real-time access to property information, financial data, and maintenance updates, making your services more efficient and transparent.
Implement Smart Home Features
The demand f
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AGENTS ABANDONING THE PRACTICE OF TOPPING PROPERTY PRICES WITH COMMISSION.
Several years ago, when I first ventured into the Ugandan real estate market, a common practice among real estate agents was to top-up property prices with their commission. This practice resulted in each agent having their own price for the same property. Back then, it seemed like a normal part of doing business, as landlords were often unwilling to pay commissions on their quoted prices.
Agents resorted to topping-up property prices in order to secure their commissions, and the more they added, the more they earned. However, this practice had its downsides, including the hardening of landlords' hearts, locally known as "Okuzimba Omutima." As a proponent of capitalism and a believer in free market economics, I initially saw no issue with agents topping up prices. Buyers willingly paid the quoted price, and yet they had plenty of options to choose from. Moreover, topping-up property prices was not illegal.
However, times have changed, and this practice has become incr
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LET THE REAL ESTATE DÁTABASE (RED) KICK-START YOUR REAL ESTATE AGENCY BUSINESS ONLINE.
Starting a real estate agency in today's digital world can be both exciting and challenging. With so many competitors already established online, how can you how can you hit the ground running but also stand out and attract serious buyers and sellers? The answer lies in leveraging the power of the Real Estate Database (RED), your all-in-one property marketing machine.
Why RED is the Ultimate Game Changer for Your Business.
The Real Estate Database (RED) is more than just a listing platform; it's a full-fledged lead generation system designed to give real estate agents, brokers, and agencies an online presence that converts prospects into loyal clients. Whether you're just starting out or looking to scale, here's how RED can give your business the boost it needs:
1. Instant Online Visibility.
Getting noticed online is a major hurdle for new and existing real estate agencies. Instead of struggling to create a website from scratch, RED gives you a ready-to-use platform that showcase
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IS IT SAFE TO BUY AGREEMENT LAND IN UGANDA?
Buying land in Uganda is a big decision, and for many, agreement land, often called Kibanja in the Buganda region, seems like an easier and more affordable option. But is it really safe? The short answer is "yes", and the long answer is "it all depends". While agreement land can be owned in perpetuity, there are a few important things to consider before making that purchase.
Let's break it down so you can make an informed decision.
What is Agreement Land?
Agreement land, or Kibanja in Buganda, refers to land that is owned based on an agreement between the buyer and seller, often witnessed by local authorities, family members, or brokers. Unlike titled land, it is not formally registered in the national land system, which means ownership relies on documented agreements rather than an official land title.
That said, Kibanja land isn't necessarily insecure, you just have to navigate it the right way.
The Risks of Buying Agreement Land
While it may be tempting to go for agreement l
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THE LATEST LISTINGS PAGE ON THE REAL ESTATE DÁTABASE (RED).
Staying informed about the latest property listings is essential for those in search of their dream home or investment opportunity in Uganda. One platform that has taken this to a new level is the Real Estate Database (RED), offering a dedicated Latest Listings Page that showcases an extensive collection of new properties from various agents, locations, and price points.
The Latest Listings Page can easily be accessed by clicking on the white "bell icon" at the top-left of the RED plartform. In this blog, we'll explore the features and benefits of the RED Latest Listings Page, highlighting its role in connecting potential buyers with the hottest properties on the market.A Hub for Fresh Opportunities.The Latest Listings Page on RED serves as a dynamic hub, consistently updated 24/7, providing users with a real-time glimpse into the ever-evolving real estate landscape in Uganda. This page is not just a snapshot but a living, breathing repository of opportunities that reflects th
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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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YES! IT'S TRUE THAT REAL ESTATE CAN BE LOST OR STOLEN (TOWAKANA!).
Someone once said that "Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world". However, the one who said that should have known that Uganda is a different animal, and in the context of Uganda, this idealistic view often clashes with the harsh realities of the local market. Lets break down that saying into pieces and see how it clashes with the real world in Uganda. Real Estate Can Be Stolen (in Uganda).Unlike the secure image of real estate portrayed in that saying, property theft is a real issue in Uganda. Land fraud and property disputes are prevalent, often fueled by unclear land titles and fraudulent transactions. Instances of people losing their properties due to forged documents or dubious dealings are not uncommon. This undermines the sense of security that real estate should ideally provide.
Mr Arineitwe, a renown real estate scho
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20+ LAWS GOVERNING REAL ESTATE IN UGANDA.
Real estate investment can be a lucrative venture in Uganda, but it also comes with its fair share of legal complexities. To avoid legal issues and ensure compliance, it's important for investors and property owners to be familiar with the laws and regulations governing the industry.
Here are some of the key laws that investors and property owners should be aware of:
The Land Act The Land Act is a law that has a significant impact on the real estate industry in Uganda. This law regulates various aspects of land ownership, management, and use, including the acquisition and transfer of land titles, leasehold transactions, and land disputes. The Land Act also sets out the procedures for registering land ownership and creating interests in land, such as mortgages, leases, and easements. Additionally, the law establishes the rights and obligations of landowners and occupiers, and provides for the management of public land. Compliance with the Land Act is essential for real estate inve
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 191352
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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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