Residential Land for sale in Namugongo Wakiso Uganda, code: 107886
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Residential Land
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100ft100 plot of land on sale in the heart of namugongo estate,well saturated in modern developed neighborhood good for rentals or residential or apartments
Comes with clear landtitle
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QR CODE
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90 RELATED PROPERTIES
(Related by price or location or district or status or type) |
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VETTING, VERIFICATION, AND APPROVAL OF REAL ESTATE AGENTS BY THE REAL ESTATE DÁTABASE (RED).
The real estate sector thrives on trust, professionalism, and accountability. For platforms like the Real Estate Database (RED), ensuring these values are upheld is not just a priority but a necessity. One of RED's most critical internal processes is the vetting, verification, and approval of real estate agents. This meticulous internally managed process applies only to individuals and companies that seeks to subscribe to the RED platform. Over the years, the absence of a national statutory body to comprehensively vet, verify and approve real estate agents has made this process a cornerstone of RED's operations, avoiding such a process would be a recipe for disaster.While RED doesn't claim to be a regulatory authority, it has deployed all possible efforts to safeguard all its users and uphold the integrity of the industry through its in-house vetting, verification and approval process. Why Vetting, Verification and Approval Matters.Real estate transactions often involve sign
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IT'S TIME TO EMBRACE EXCLUSIVE LISTINGS OVER OPÈN LISTINGS.
In a recent encounter with Shirley Kongai, the president of AREA Uganda, on LinkedIn, she made a post with the exact same title as this blog, which inspired me to write about the topic. I liked and supported her post on LinkedIn, despite the fact that such a stance conflicts with my open market, capitalistic ideology.
However, given the current chaos in our local real estate market added to the fact that too many agents are selling the same properties, it's clear that exclusive listings could help solve many of the duplication issues on the Real Estate Database (RED), which often lead to inconsistencies.
While the traditional model of open listings may offer flexibility, exclusive listings have several advantages that can lead to better outcomes. However, it's also essential to acknowledge the potential downsides. Let's explore why property owners in Uganda should consider embracing exclusive listings, while also understanding the challenges. What Are Exclusive L
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COMMON PROPERTY MANAGEMENT MISTAKES TO AVOID.
Property management can be a rewarding venture, providing a steady income stream and potential for long-term growth. However, it's not without its challenges. Whether you're a seasoned property manager or just starting out, avoiding common mistakes is essential to ensuring success and maintaining a positive reputation in the industry. In this blog, we'll explore some of the most frequent property management mistakes and offer valuable tips on how to steer clear of them.
Neglecting Regular Maintenance:
One of the most significant mistakes property managers can make is neglecting routine maintenance. Failing to address maintenance issues promptly can lead to more significant problems down the line and create a negative experience for tenants. To avoid this, set up a proactive maintenance schedule, conduct regular inspections, and encourage tenants to report issues promptly. Investing in preventive maintenance can save you time, money, and headaches in the long run.
Inadequate
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36 Decimals Plot for sale
| Location -
Entebbe
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| District -
Wakiso
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| Type -
Residential Land
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| Status -
For Sale
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Code - 217891
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Ugx 260,000,000
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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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THE CHALLENGE OF DEALING WITH SELLERS WHO ARE IN NO HURRY TO SELL.
Sellers who are not in a hurry to sell can pose a unique challenge for both eager buyers and proactive real estate agents. The reasons behind their lack of urgency vary, ranging from financial stability to speculative expectations. In this blog, we will explore the frustrations and dynamics involved when dealing with sellers who are in no rush to part with their properties.1. Financial Comfort:One common scenario involves sellers who are already renting out their property, enjoying a steady stream of income. This financial stability eliminates the urgency to sell, as they are content with the current arrangement. The lack of pressure to finalize a deal can be frustrating for buyers and agents eagerly looking to close transactions.2. Overpriced Listings:Some sellers choose to list their properties at significantly higher prices, often double or triple the market value. This strategy is often employed with the hope that a buyer seeking to conceal illicit funds in real estate will come al
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UGANDA'S ONLINE LAND SEARCH PORTAL (UGNLIS): SIMPLIFYING LAND TRANSACTIONS.
The Ministry of Lands, Housing, and Urban Development launched the National Land Information System of Uganda (UgNLIS), a pivotal initiative in the National Development Plan. Since 2010, this system has revolutionized land management through the digitalization of land documents and the implementation of computerized systems.
This online search and verification portal allows you to instantly access information about a land title, including its authenticity and any associated transactions. Whether you are in Uganda or abroad, you can use the portal. You can access the Portal via https://ugnlis.mlhud.go.ug. Overview of the National Land Information System.The Public Portal of the National Land Information System provides users with comprehensive services, including access to information on Titles and Parcels in the National Land Information System Databases and tracking the progress of land transactions submitted to the Land Registry. This initiative is designed to offer instant
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THE 3 KEY FACTORS THAT WILL DETERMINE YOUR INVESTMENT IN REAL ESTATE.
Investing in real estate can prove to be a lucrative venture. However, before taking the plunge, it is crucial to assess and comprehend the key factors that will significantly impact your investment decisions.In a recent interview that has been featured on LinkedIn, Judy Rugasira from Knight Frank Uganda highlighted the three factors that should be considered before venturing into real estate. I concur that these factors are indeed crucial, and this has prompted me to initiate a discussion within my circles and followers by composing this blog on the subject. The highlighted factors are the 1) Risk Profile, 2) Risk Capacity, and 3) Investment Horizon. 1. Risk Profile: Know Thyself.The first and foremost question to ask yourself is, "What is my risk profile?" Understanding your risk tolerance is essential in shaping your investment strategy. Are you comfortable with high-risk investments that have the potential for higher returns, or do you prefer a more conservative approach? Your risk
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FAILING TO ACCURATELY ASSESS A BUYERS’ NEEDS DOES NOT MAKE THE BUYER UNSERIOUS.
As a veteran in the real estate marketing space, I frequently encounter situations where potential buyers, leads, or referrals from the Real Estate Database (RED) were not properly followed up to closing. When I confront agents about these missed opportunities, I often hear excuses such as the lead or potential buyer "was unserious."
This response is frustrating and concerning to me because it implies a lack of effort and professionalism on the part of the agent. It's disheartening to have to repeatedly educate agents about the importance of treating all potential clients with equal respect and diligence, regardless of their perceived seriousness.
It's baffling to me how a potential buyer could come across a 400 million or 600 million property on the Real Estate Database (RED), express interest through an inquiry, arrange for a tour of the property with a real estate agent, and often times even pay search fees, only for the agent to turn around and dismiss the lead as
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DO YOU HAVE THE RIGHT INSURANCE FOR YOUR PROPERTY?
Owning property is a significant investment and a source of pride for many individuals. Whether it's a cozy home, a bustling commercial space, or a sprawling estate, your property represents a culmination of hard work, dreams, and aspirations. However, safeguarding this valuable asset requires more than just locks and security systems.
Having the right insurance coverage is essential to protect against unforeseen events that could disrupt your life and financial stability. In this blog, we'll explore the importance of having the right insurance for your property and guide you through the considerations you need to make to ensure comprehensive coverage.
Understanding Property Insurance
Property insurance is a type of coverage designed to protect your real estate investment and its contents against a range of perils, including fire, theft, natural disasters, and vandalism. It acts as a safety net, helping you recover financially from unexpected events that could otherwise lead to su
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ENTER YOUR DETAILS BELOW AND BONNY WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 107886
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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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