1 bedroom Apartment block for sale in Muyenga Kampala Uganda, code: 215693
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Ugx 1,200,000,000/=
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Apartment block
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In a prime location on Bunga - Gaba road sits a lucrative investment opportunity - a 6-unit apartment block generating a monthly income of 10.5 million shillings. With a private mailo land title readily available, this property offers a secure and hassle-free purchase. The asking price of 1.2 billion shillings is slightly negotiable, making it an attractive deal for potential buyers. Each unit boasts 1 bedroom and 1 bathroom, providing comfortable and modern living spaces for tenants. The block is situated in the highly sought-after area of Muyenga on Tankhill road, within the bustling city of Kampala. The total land size is 12 decimals, providing ample space for amenities such as a balcony, built-in wardrobes, and lots of parking. The compound is paved and well-maintained, with a playground for children to enjoy. The property also features a septic tank, ensuring proper waste management, and a spacious compound, perfect for hosting gatherings. For added convenience, there is a wall fence surrounding the property for privacy and a water tank to ensure a steady water supply. Don't miss out on this fantastic opportunity to own a profitable and well-equipped apartment block in one of the most desirable locations in Kampala.
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🏚️Balcony
🚪Built in wardrobes
🚘Lots of parking
💠Paved compound
🏘️Playground
🕳️Septic tank
🏞️Specious compound
🚧Wall fence
🚰Water tank
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QR CODE
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100+ RELATED PROPERTIES
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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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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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PROCRASTINATION IN REAL ESTATE IS A BATTLE WITH EMOTIONAL FEARS.
Procrastination an issue most of us have faced at one time or another can be particularly detrimental in the fast-paced world of real estate. Every minute counts, and every delay could mean a lost opportunity. But what if I told you that procrastination is not just about poor time management? More often than not, procrastination is deeply rooted in emotional issues, particularly the fear of failure and the perceived consequences that come with it. Procrastination: An Emotional Hurdle.Many people think procrastination is simply about being lazy or not managing time well. However, it's much more than that. For real estate agents, procrastination often stems from a place of fear, fear of not closing a deal, fear of not meeting a client's expectations, or fear of the unknown in a fluctuating market. These fears can be overwhelming and paralyzing, leading agents to put off tasks that could actually drive them closer to success. The Fear of Failure.At the core of procrastination lies a signi
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REASONS WHY OTHER REAL ESTATE AGENTS DON’T WANT TO WORK WITH YOU.
Real estate is a collaborative industry where agents often need to work together to close deals and serve their clients effectively. However, there are certain behaviors and practices that can make other agents hesitant to work with you.
Understanding the reasons can help you improve your professional relationships and build a reputation as a cooperative and trustworthy agent. Here are some common reasons why other real estate agents might avoid working with you. 1. Poor Communication Skills.Communication is key in real estate transactions. If you consistently fail to return calls, emails, or messages promptly, other agents may find it difficult to coordinate with you. Miscommunications or a lack of timely responses can delay transactions, leading to frustration and a lack of trust. 2. Unprofessional Behavior.Professionalism is crucial in maintaining positive working relationships. This includes being punctual, respectful, and ethical in all dealings. If you have a reputation
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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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WAYS TO WOW YOUR UGANDAN REAL ESTATE CLIENTS.
Building strong client relationships is crucial for success in the dynamic world of real estate. Whether you're a seasoned real estate agent or just starting out in the Ugandan market, impressing your clients can make all the difference. Ugandan real estate clients, like clients anywhere else, appreciate professionalism, attention to detail, and a personalized approach. In this blog, we'll explore several ways to wow your Ugandan real estate clients and foster long-lasting relationships.1. Local Market Expertise.One of the most effective ways to impress your Ugandan real estate clients is by demonstrating a deep understanding of the local real estate market. Keep yourself updated with current market trends, property values, and upcoming developments in various neighborhoods. Your clients will appreciate your ability to provide accurate information and guide them towards making informed decisions.2. Exceptional Communication.Effective communication is a cornerstone of any successful rea
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UGANDAN REAL ESTATE MARKET MID YEAR 2024 REVIEW AND FUTURE OUTLOOK.
First Half of the Year 2024 Review.
The Ugandan real estate market has experienced a dynamic first half of the year 2024, marked by several significant trends and developments. The sector has shown resilience and adaptability in the face of both local and global challenges. Here are some key highlights.
Steady Demand for Residential Properties.
The demand for residential properties, particularly in urban areas like Kampala, Entebbe, and Jinja, has remained robust. Factors contributing to this steady demand include urbanization, a growing middle class, and a youthful population seeking homeownership.
Commercial Real Estate Dynamics.
The commercial real estate sector, including office spaces and retail outlets, has witnessed mixed performance. While there has been a resurgence in demand for retail spaces as the economy recovers from the pandemic's impact, the office space segment is still adjusting to the hybrid work model adopted by many companies.
Impact of Infrastructure Develop
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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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HOW TO SELL A LUXURY HOME IN UGANDA
Selling a luxury home in Uganda requires a unique approach and a deep understanding of the market. Whether you're a seasoned seller or new to the market, these tips can help you maximize your return on investment and find the right buyer for your luxury property.
Price it right: Luxury homes command a higher price point, but pricing your home too high can deter potential buyers. Work with a real estate agent to determine a competitive market value for your property, taking into consideration its unique features, location, and current market conditions.
Stage it well: Presentation is key when selling a luxury home. Consider investing in professional staging and make sure your home is spotless and well-maintained. This can help potential buyers envision themselves living in the space and make a more favorable impression.
Showcase the features: Highlight the features that make your luxury home unique, such as high-end finishes, spacious layouts, and outdoor spaces. Sh
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ENTER YOUR DETAILS BELOW AND YUSUF WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 215693
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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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