1 bedroom Apartment block for sale in Najjera Wakiso Uganda, code: 224071
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Ugx 1,100,000,000/=
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Apartment block
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This well-built 16-unit apartment block is the epitome of a good deal. Situated in the highly sought after neighborhood of Najjera-Kiyinda, this property boasts a prime location and a private mailo land title. With a total size of 16 decimals, this property is the perfect investment opportunity for those looking to expand their real estate portfolio.
Each unit in this apartment block is a double room self-contained, providing ample space and privacy for tenants. And with a monthly rental rate of 700k per unit, this property has the potential to generate a steady income of 11.2 million Ugx per month.
But it's not just the location and rental income that make this property a great deal. The amenities included are sure to attract tenants and add value to the property. From a balcony to enjoy the views, to ceramic tiles for a modern touch, this apartment block has it all. Additionally, the compound is paved and there is internet coverage, making it a convenient and comfortable living space for tenants.
The tiled roof, veranda, and wall fence provide security and a sense of luxury, while the water tank ensures a constant water supply. Don't miss out on this opportunity to own a 1 bedroom, 1 bathroom apartment block in the heart of Najjera. With a price of 1.1 billion Ugx, this property is a steal and won't be on the market for long. Don't wait, make your investment in this good deal today.
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🏚️Balcony
🔶Ceramic tiles
🌐Internet coverage
💠Paved compound
🏫Tiled roof
🏡Veranda
🚧Wall fence
🚰Water tank
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63 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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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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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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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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DO YOU NEED A DEGREE TO BE A REAL ESTATE AGENT IN UGANDA?
Real estate is a rapidly growing industry in Uganda, with many opportunities for those interested in pursuing a career in this field. One of the common questions asked by individuals who wish to become real estate agents in Uganda is whether they need a degree to get started. In this blog, we will explore the education requirements for becoming a real estate agent in Uganda and shed light on the question of whether a degree is necessary.
The first thing to note is that Uganda does not have any specific education requirements for individuals who want to become real estate agents. Unlike other professions like law and medicine, there is no requirement for a specific degree or diploma in order to work in the real estate industry. However, this does not mean that education is not important.
To be a successful real estate agent in Uganda, you need to have a good understanding of the industry, including the laws and regulations that govern it. This knowledge can be obtained through
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100 FASTEST GROWING LOCATIONS IN AND AROUND KAMPALA CITY FOR BUYING RESIDENTIAL LAND.
Is your home area one of the fastest growing locations around Kampala?
Kampala's real estate market is rapidly expanding, with numerous areas around the city experiencing significant growth. Based on the latest RED statistical analytics, I have identified the top 100 fastest-growing locations for buying land or houses, arranged and ranked in order of growth.
This boom is driven by rapid urbanization, a growing economy, and increasing demand and supply in these areas. A key observation is that the fastest-growing areas are "generally" more expensive. However, there are exceptions like Kololo, which, despite being very expensive, is ranked 39th due to its slower growth. This slow growth is attributed to the limited supply of land and low demand caused by high price points.
In this blog, I highlight a selection of these promising locations, offering an overview of the factors contributing to their growth and what makes each area unique and attractive for residen
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 224071
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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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