Residential Land for sale in Namugongo Wakiso Uganda, code: 214743
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Residential Land
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QUICK SALE.
A Prime plot of 50×100ft with a Private mailo land title is on sale in Namugongo Buto Fantastic Neighborhood at Only 75 Million Ugx.
Thr best for A Residential home or Apartments Etc.
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100+ RELATED PROPERTIES
(Related by price or location or district or status or type) |
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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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REAL ESTATE IS ONLY FOR THE BRAVE, NOT THE FAINT HEARTED.
If you're looking for an investment that's not for the faint of heart, then real estate might be the perfect choice for you. Real estate investing can be incredibly lucrative, but it's not for everyone. Only the brave are cut out for the challenges that come with investing in real estate.
Here are some reasons why real estate is only for the brave.Risk. Real estate investing comes with a significant amount of risk. You need to be able to handle the stress that comes with investing in a property that may not pay off in the long run. There's always the possibility that the market could turn against you, or that you could make a mistake that costs you a lot of money.High Entry Costs. Investing in real estate requires a significant amount of capital. You need to be able to put down a substantial down payment and have enough money to cover any unexpected expenses that may come up during the investment process. This can be daunting for many investors.Fraud.
Fraud is also a signific
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WHAT KIND OF 3 BEDROOM HOUSE CAN YOU GÈT BETWEEN 100M AND 200M?
If you're on the hunt for a 3-bedroom house in Uganda with a budget ranging from UGX 100,000,000 to UGX 200,000,000, it's important to set realistic expectations about what kind of property you can secure in this price range. While it might not get you a luxurious home in the heart of Kampala, there are still many appealing options available outside the bustling city limits.
Location Matters.
First things first, let's address the location. Given the budget constraints, it's likely that your prospective house will be situated outside the Kampala district. Housing within Kampala tends to come at a premium, making it challenging to find a suitable 3-bedroom home within this budget range. Instead, you can explore areas that are still developing, where land prices are more affordable.
Basic Land Size and House Type.
A house within this budget range will probably be built on a standard land size of 100X50 feet or 12.5 decimals. You can anticipate a bungalow-style or apartment-type hous
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STOP MISLABELING LAND: WHY THE MULTIPURPOSE LAND CATEGORY MIGHT BE ḰILLING YOUR SALE.
You may think you're being flexible. But calling land "multipurpose" might be the biggest mistake you're making.
Stat data shows that most buyers on the Real Estate Database (RED) are not looking for land that "can be used for anything." They're usually looking for land that serves one specific purpose, and they want to find it fast.
When you upload land as MULTIPURPOSE LAND without a clear reason, you risk making your listing invisible to serious buyers, here's why.
Take this example: A real estate agent listed a five-acre plot in Kayunga as "Multipurpose Land." Weeks passed with no interest. After reclassifying it as "Agricultural Land," and updating the description to highlight its fertile soil and proximity to a water source, the inquiries came within 24 hours. The land was sold within a month.
Buyers searching for land on RED often filter by purpose, residential, agricultural, industrial. When your listing is marked "Multipurpose land," It kind of vanishes from the relm of u
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WHAT DOES THE LAW SAY ABOUT SECURITY DEPOSIT FRÓM THE TENANT.
Renting a property involves various legal aspects to protect both landlords or property managers and tenants. One crucial element is the security deposit, a sum of money paid by the tenant to secure the performance of their obligations during the tenancy. In this blog post, we'll delve into the legalities surrounding tenant security deposits, focusing on the key provisions outlined in The Landlord and Tenant Act 2022.1. Limitations on the Amount of Security Deposit.According to the law, a landlord is permitted to request a security deposit, but with specific limitations. Notably, a landlord cannot demand more than one security deposit, and the amount should not exceed the equivalent of one month's rent or one-twelfth of the annual rent, whichever is less. These restrictions are in place to ensure that tenants are not burdened with excessive upfront costs.2. Terms and Conditions for Withholding the Security Deposit.It is imperative for landlords to communicate the terms and conditions g
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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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TERMINATING A TENANCY IN ADHERENCE TO THE LAW.
Terminating a tenancy is a delicate process that must be executed in accordance with the law to protect the rights of both landlords and tenants. In this guide, we will explore the various lawful methods of terminating a tenancy as outlined in the relevant legal provisions of The Landlord and Tenant Act 2022.The foundation of any termination is adherence to the law or the terms stipulated in the tenancy agreement. It is crucial to understand and follow the legal framework established by the Act governing landlord-tenant relationships.Termination by Agreement.Termination by mutual agreement is a collaborative and flexible approach, offering both landlords and tenants the freedom to part ways amicably. It involves a clear and explicit agreement, emphasizing the importance of specifying the mutually accepted date on which the tenant will gracefully vacate the premises. This transparent communication ensures that both parties are on the same page, promoting a smooth and hassle-free transit
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I SELL REAL ESTATE, BUT NOT THE WAY YOU THINK.
You might think selling real estate is just about posting listings and waiting for the phone to ring or waiting for qualified leads to show up in your ListingsAdmin account. But if you're a serious RED (Real Estate Database) subscriber, you know that there's more to it than uploading a few property photos and hoping for the best.
I sell real estate by marketing it smartly. I don't just rely on walk-ins or real estate WhatsApp groups. I use data, automation, lead capture, flyers and strategy, thanks to RED.
Let me ask you something: When was the last time a client called you and said, "I saw your property on RED, and it looks perfect for me"? If that's not happening regularly, you're not using the platform the way it was meant to be used.
Real estate isn't sold. It's matched.
Here's the thing, people don't just buy houses. They buy solutions. Comfort. Status. Investment security. And you, as a RED subscriber, have the real estate tools and filters to match people with what they're
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IF IT QUACKS LIKE THE RED, IT’S THE REAL ESTATE DÁTABASE (RED).
There's a famous saying: If it quacks like a duck, swims like a duck, walks like a duck, looks like a duck, and jumps like a duck, then it's a duck.
In the world of real estate marketing, we can confidently say that if a platform generates leads like a property marketing machine, showcases listings like a marketplace, offers automation like a tech company, and provides visibility like a billboard, it's a property marketing powerhouse. That's exactly what the Real Estate Database (RED) is. Let's break it down.
If It Generates Leads Like a Marketing Machine ... It's a Property Powerhouse.
The core purpose of any real estate marketing platform is to generate leads, and RED excels at this. With high-ranking SEO strategies, social media integration, and email marketing campaigns, RED ensures that property listings are seen by the right audience, thus unleashing The power of Qualified Leads. Agents and brokers using RED consistently report increased inquiries and faster sales. Please n
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ENTER YOUR DETAILS BELOW AND DAVID WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 214743
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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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