1 bedroom Rental units for sale in Namugongo Wakiso Uganda, code: 210467
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These 3 rental units in Namugongo-Sonde are a great investment opportunity for anyone looking to generate steady income. Each unit features 2 bedrooms and 2 bathrooms, providing comfortable living spaces for tenants. With a monthly rental income of 2.1m, these units are a lucrative investment that will quickly pay off the selling price of 230m.
The property comes with a ready private land title, ensuring a smooth and hassle-free ownership transfer process. Located in Namugongo on Namugongo road within Wakiso District, this property is easily accessible and in a prime location. The land tenure is Mailo Land, giving you full ownership and control over the property.
The size of the land is 12 decimals, providing ample space for the units and a spacious compound. The compound is also fenced with a wall, ensuring the safety and privacy of the tenants. The units are equipped with ceramic tiles, adding a touch of elegance and durability to the living spaces.
This property is perfect for a savvy investor looking to expand their real estate portfolio. The potential for a high return on investment, along with the convenient location and amenities, make these 1 bedroom, 1 bathroom rental units a must-see. Don't miss out on this opportunity, call 0703892637 or 0772020776 on WhatsApp for more information.
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🔶Ceramic tiles
🏞️Specious compound
🚧Wall fence
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100+ RELATED PROPERTIES
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IS IT TIME FOR REAL ESTATE AGENTS CÓUNTRYWIDE TO COLLABORATE IN ORDER TO ENHANCE COVERAGE AND DIVERSIFY THEIR LISTINGS?
Is it time for city real estate agents to collaborate with their rural counterparts? This partnership could potentially lead to increased coverage and a diverse range of property listings. Let's explore why this collaboration might be the key to unlocking new opportunities in the real estate market.
Sharing the same RED account and website.
The Real Estate Database (RED) has a collaboration function that enables subscribing real estate agencies to add several trusted agents to their online accounts. This functionality allows multiple real estate agents and realtors to post and also list properties within the same website, each using their individual username and password, regardless of their location. Consequently, properties are listed under the same agency, but with different agents displayed on each listing. This innovative approach empowers agencies to recruit agents from areas where they lack a physical presence, facilitating the listing of properties from divers
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WHY WOULD YOU BUY A HOUSE ON A MAIN ROAD?
Buying (or renting) a house on a main road has several advantages (but also several disadvantages) as shown below:
Proximity to means of transport
Once you live close to a main road then you will have easy access to Bus stops, train stations, plus bike and walking trails. If transportation and recreational access mean a lot to you, then a street home could be a real advantage.
Secure access to businesses, schools, and security
Access to places of convenience is more secure in areas where there are lots of people on the street, this is true for locations that are on main roads. Main roads are better lit and have more shopping options, school choices, fire stations, and often a stronger security presence.
Pricing Discount
Houses on busy streets tend to sell at a discounted prices because most people prefer less traffic and noise than is found on a main road. That discount can be 5% to 10%, depending on the location. This can be an advantage for those who love to live on street home
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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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Uganda
| Location -
Namugongo
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| District -
Wakiso
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| Type -
Rental units
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Size -
two bedroom
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| Status -
For Sale
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Code - 252601
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Ugx 250,000,000
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THE MORTGAGE APPLICATION PROCESS IN UGANDA AND THE STEPS INVOLVED.
In Uganda, obtaining a mortgage can be a daunting task for many prospective homebuyers due to the complexities of the application process. However, with a clear understanding of the steps involved and the requirements necessary, navigating the process can be a lot easier. In this article, we'll take a closer look at the mortgage application process in Uganda and offer some tips to help you secure a home loan.
Step 1: Determine Your Eligibility
The first step in applying for a mortgage in Uganda is to determine your eligibility. To be eligible for a mortgage, you must be a Ugandan citizen or a legal resident of Uganda. Additionally, you must have a regular source of income and a good credit score. The lender will also consider the value of the property you intend to purchase, as well as the down payment you are willing to make.
Step 2: Shop Around for Lenders
Once you have determined your eligibility, the next step is to shop around for lenders. Different lenders have differ
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REASONS WHY YOUR REAL ESTATE WEBSITE IS NOT WORKING FOR YOU.
The internet has transformed the way we buy and sell real estate. With online listings, virtual tours, and digital marketing, it is an essential tool for real estate professionals. However, having a real estate website that does not generate leads, is not visible on Google, or does not function effectively can be frustrating and costly. Based on my many years of online experience, here are some common reasons why I believe your real estate website may not be working for you.
Lack of back links. Backlinks from high-authority websites (such as the Real Estate Database or Realtor Ug or Lamudi) can significantly boost the effectiveness of a real estate website. Backlinks from authoritative websites not only increase the traffic to a website but also enhance its credibility/ranking and domain authority. For example, when the Real Estate Database links to your real estate website, it signals to search engines that your website has valuable and relevant content that can benefit the a
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A COMPREHENSIVE GUIDE TO REAL ESTATE TAXES IN UGANDA.
Real estate investment in Uganda can be a profitable venture, but it is essential to understand the various taxes that come with it. Taxes such as property rates, withholding tax, and stamp duty can significantly impact an investor's financial bottom line. Here's a comprehensive guide to real estate taxes in Uganda that every property owner or investor should know:Withholding Tax.
In Uganda, withholding tax on rental income is applied to individuals and companies earning income from renting out properties. This tax is deducted at the source by the tenant when making rental payments to the landlord and is then remitted to the Uganda Revenue Authority (URA). The law specifies the parties responsible for withholding the tax (tenants) and those from whom the tax is withheld (landlords), depending on the nature and circumstances of the transaction.Tenants are legally obligated to remit the withheld tax (or the amount that should have been withheld) to URA within 15 days after the end of
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TOP LOCATIONS FOR PROPERTY INVESTMENT IN UGANDA BASED ON PROPERTY CATEGORY.
Uganda is an East African country with a growing economy and a vibrant real estate industry. Investing in property in Uganda can be a wise decision, but it is important to choose the right location based on the type of property you are interested in. In this blog, we will explore the top locations for property investment in Uganda based on property category.
Residential Property:
Kampala: Kampala is the capital city of Uganda and has a high demand for residential property due to its growing population and economy. Popular areas for residential property investment in Kampala include Nakasero, Kololo, and Naguru.
Entebbe: Entebbe is a quiet town located on the shores of Lake Victoria, just a short drive from Kampala. It is popular among expatriates and middle-class Ugandans who are looking for a serene environment. Residential property investment opportunities in Entebbe include villas, bungalows, and apartments.
Jinja: Jinja is located on the banks of the Nile Ri
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I LOST A LAND TITLE BEFORE TRANSFERRING IT, WHAT SHOULD I DO?
Losing a land title is stressful enough, but if you lost it before completing the transfer, then "yours are bad." Why? Because that land title does not yet belong to you, it still legally belongs to the person whose name is on it. That means you cannot apply for a replacement yourself. Instead, you'll need to go back to the original owner and work with them to process a replacement.
But before you panic, let's go through the steps to resolve this situation, determine the status of the lost title, and take the necessary legal actions to recover it.
Step 1: Check the Status of the Title.
If you had already begun the transfer process, then before assuming the worst, first confirm whether the title had actually been transferred into your name. If you had already paid the transfer fees but had not yet taken possession of the title, conduct an online title search through the Ministry of Lands, Housing & Urban Development portal or visit the land registry office to check its status.
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HOW TO START A REAL ESTATE AGENCY BUSINESS IN UGANDA
Starting a real estate agency business in Uganda can be a rewarding and profitable venture, as there is a high demand for property and rental services in the country. However, starting a real estate business requires careful planning, market research, and a thorough understanding of the industry and local regulations. Here are some steps to help you get started on your real estate agency business in Uganda:Research the market: Before starting your business, it's important to research the real estate market in Uganda, including the demand for rental and property services, the competition, and the most popular areas for investment.Develop a business plan: A comprehensive business plan will help you outline your goals, strategy, and financial projections. It will also help you secure funding, if needed, and attract potential investors as well as outline how you plan to run your business.Register your business: You will need to register your business with the Registrar of Companies in Ugan
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ENTER YOUR DETAILS BELOW AND DAVID WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 210467
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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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