3 bedroom Bungalow for sale in Kira Wakiso Uganda, code: 111955
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Brand new house for sale located in kira . It has a magnificent living room, dining space and a modern kitchen. With three bedrooms and two bathrooms plus it’s seated on 13 decimals on a good neighborhood. For more information call 0705218332 / 0780983661.
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🏚️Balcony
🚪Built in wardrobes
🔶Ceramic tiles
🚘Lots of parking
💠Paved compound
🏘️Playground
🕳️Septic tank
🕳️Soak pit
🏞️Specious compound
🚪Store
🏡Veranda
🚧Wall fence
🚰Water tank
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QR CODE
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100+ RELATED PROPERTIES
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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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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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MBAALE DISTRICT REAL ESTATE MARKET TRÈNDS
Nestled in the scenic landscapes of eastern Uganda, Mbaale is emerging as a promising hub for real estate development. With a rich cultural heritage and a growing economy, this city is witnessing a real estate renaissance. In this blog, we'll delve into the key trends shaping the real estate landscape in Mbaale.
Historical origins
The name is commonly writen as Mbale from colonial times but is generaly pronounced as Mbaale. One theory links "Mbale" to the Gisu culture, a Bantu ethnic group in Uganda. According to this explanation, the name might be derived from the Gisu word "embaale," which translates to "plain" or "open space." This refers to the area where the city of Mbale is situated, which was originally an open grassland.
1. Rapid Urbanization and Infrastructure Development:Mbaale is experiencing significant urbanization as people migrate from rural areas to urban centers in search of better opportunities. This influx has fueled the demand for housing and commerci
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YES! IT'S TRUE THAT REAL ESTATE CAN BE LOST OR STOLEN (TOWAKANA!).
Someone once said that "Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world". However, the one who said that should have known that Uganda is a different animal, and in the context of Uganda, this idealistic view often clashes with the harsh realities of the local market. Lets break down that saying into pieces and see how it clashes with the real world in Uganda. Real Estate Can Be Stolen (in Uganda).Unlike the secure image of real estate portrayed in that saying, property theft is a real issue in Uganda. Land fraud and property disputes are prevalent, often fueled by unclear land titles and fraudulent transactions. Instances of people losing their properties due to forged documents or dubious dealings are not uncommon. This undermines the sense of security that real estate should ideally provide.
Mr Arineitwe, a renown real estate scho
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ENTER YOUR DETAILS BELOW AND MARGARET WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 111955
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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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