2 bedroom Rental units for sale in Namugongo Wakiso Uganda, code: 180672
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This is a fantastic opportunity to invest in property located in the highly sought-after area of Namugongo. This property features three rental units, each with two bedrooms and two bathrooms. All tenants pay 600,000 Ugandan Shillings per month, making this property a lucrative investment.
The property itself is situated on Kira Road within Wakiso District and is fully owned under private mailo. It is a spacious 12.5 decimals, providing plenty of room for additional structures or landscaping to add value to the property.
These rental units are an ideal investment opportunity as the area of Namugongo is highly sought after, and the property is priced competitively at 250,000,000 shillings. With three rental units, it offers a steady income stream each month, as well as potential for future growth.
The property is well maintained and has all the necessary amenities for comfortable living. Each unit is fitted with two bedrooms and two bathrooms, as well as a kitchen and living room. The units are also close to local amenities such as schools, shops, and transport links.
This is an excellent opportunity for those looking for a secure and profitable investment in the desirable area of Namugongo. With three rental units and a competitive price of 250,000,000 shillings, this property is sure to be a valuable asset.
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100+ RELATED PROPERTIES
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THE REASONS WHY MANY REAL ESTATE AGENTS FAIL.
Real estate is a lucrative industry in Uganda, with the potential for great success and financial stability for those who are successful. However, not all real estate agents in Uganda are able to achieve this level of success, and many end up failing in the industry. In this article, we will explore some of the reasons why many real estate agents fail in Uganda.
Lack of proper training and education:
One of the primary reasons why many real estate agents fail in Uganda is due to a lack of proper training and education. In many cases, individuals become real estate agents without any formal training or education in the field. This can lead to a lack of understanding of the industry, including how to properly value properties, negotiate deals, and market properties effectively. Without the necessary skills and knowledge, agents may struggle to close deals and build a successful career in real estate.
Ineffective marketing and advertising:
Another reason why many real
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WHATS THE DIFFERENCE BETWEEN A REAL ESTATE AGENT, A REAL ESTATE BROKER, A REALTOR AND A KAYUNGIRIZI?
Real estate professionals play a vital role in buying, selling, and renting properties. There are several different types of real estate professionals, each with their own set of responsibilities and qualifications. In this article, we will explore the differences between a real estate agent, a broker, a Realtor, and a Kayungirizi.
A real estate agent is a licensed/certified professional who acts as an intermediary between buyers and sellers of real estate. They assist their clients in buying, selling, and renting properties by providing information on the local real estate market, helping to negotiate offers, and managing the closing process. Real estate agents are usually paid a commission based on the sale price of the property.
A broker is a more experienced real estate professional who has completed additional training and passed a more comprehensive exam. Brokers are licensed to manage their own real estate business, and they may supervise real estate agents.Brokers are
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DEALING WITH THE WORST LANDLORD EVER.
Babatunde had a dream, to open the finest jollof rice restaurant in the bustling heart of the city. When he found a shop for rent on a busy street, he thought his dreams were about to come true. Little did he know, he was about to meet Sankara, the worst landlord ever.The first sign was subtle. Babatunde signed the lease agreement with Sankara, excitedly handing over the first month's rent and security deposit. But Sankara never returned his copy of the agreement. "Don't worry, Babatunde, it's safe with me," Sankara said with a grin that could rival a crocodile's.Babatunde soon learned that "safe" in Sankara's world meant "lost forever." He asked for a receipt for his payment, but Sankara gave him a receipt for half the amount he had paid. "Taxes, you know? We have to be smart about these things," Sankara whispered conspiratorially. Babatunde nodded reluctantly, not wanting to start off on the wrong foot.A few months in, things took a bizarre turn. Babatunde arrived at his restaurant o
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100% INDEPÈNDENCE BONUS FOR ALL REAL ESTATE AGENTS BROKERS AND REALTORS.
At Real Estate Database (RED), we are excited to celebrate Independence Day with all our valued supporters and those who have been part of our journey. As a token of appreciation for your continuous support and dedication, we are delighted to introduce our exclusive Independence Day Subscription Bonus, designed especially for real estate agents and brokers or realtors in Uganda!What's in the Bonus?Starting right now and extending until October 16th, 2024, all real estate agents brokers and realtors in Uganda are eligible for an exclusive Independence Day subscription bonus of up to 100%! Yes, you read that right, a fantastic opportunity to enhance your earnings during this Independence Day period.How Does it Work?It's very simple! For any subscription made during this period, you will receive a 100% bonus based on the subscription value. This is our way of showing gratitude for your outstanding contributions to the RED family. For example, subscribing for 1 month entitles you to an a
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MORNING MARKET BRIEF - SATURDAY, DECEMBER 28, 2024
Introduction: Welcome to the Daily Morning Market Brief, your daily guide to the pulse of the Uganda's real estate market. Never begin your day without reading or listening to a Daily Morning Brief, Situation Report, Market Overview, or Status Report from the Real Estate Database (RED), or you risk missing crucial insights into the local real estate market. Overview: Uganda's real estate market is currently experiencing a period of steady growth. Properties in prime locations like Kampala, Entebbe, and Jinja are seeing an increase in demand. The market is driven by both local and foreign investors, attracted by the country's stable economy and growing population.Snapshot: Rental properties in urban areas like Kampala and Mbarara are in high demand. With the increasing urbanization, the need for both residential and commercial properties is on the rise. Update: New areas are emerging as real estate hotspots. Areas like Kira, Mukono, and Gulu are witnessing considerable development, sugg
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AFFORDABLE HOUSING VS APARTMENTS, WHAT’S THE RELATIONSHIP?
Affordable housing is a critical issue worldwide, and in Uganda, it has taken on a unique meaning. In many parts of the world, affordable housing refers to various forms of housing options that are within financial reach of the average household, including single-family homes, duplexes, townhouses, and apartments. However, in Uganda, the term affordable housing has become synonymous with apartments, this unique relationship stems from several economic, social, and urban development factors. The Housing Challenge in Uganda.Uganda, like many developing countries, faces a significant housing deficit. Rapid urbanization, population growth, and limited land availability have contributed to this shortage. The country's urban areas, particularly Kampala, are experiencing an influx of people seeking better economic opportunities, leading to increased demand for housing. Apartments: The Face of Affordable Housing.In Uganda, apartments have emerged as the primary solution to the affordable housi
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I NEED A MONEY LÈNDER WHO IS NOT A CROOK SO THAT I CAN BORROW TO COMPLETE THE CONSTRUCTION OF MY HOUSE.
Most registred money lenders in Uganda are not crooks. It's just that many people compare them to banks and then conclude that their loan terms are unfavorable, especially regarding interest rates and loan periods.
They forget that money lenders face much higher risks than banks, even though their requirements are less stringent and their power to foreclose is limited. Flexibility and adaptability are some of the reasons why many people prefer money lenders over banks, despite the fact that money lenders typically charge higher interest rates.If you need a large, long-term (construction) loan, your bank would be a better option. However, for smaller, short-term (renovation and repair) loans, money lenders can be a good and quicker choice. You can also explore options like Wewole on Airtel or various mobile loan options on MTN.
Surprisingly, these mobile lending options can provide sizable amounts if you are a regular borrower with good standing. It's very tempting to
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PROPERTIES OF THE WEEK: THE CÓUNTDOWN TO ÇHRISTMAS EDITION.
As the festive season sweeps across the real estate market, the Real Estate Database (RED) is thrilled to unveil the final "Properties Of The Week" list before Christmas! This is not just a celebration of outstanding properties of the week, but also a tribute to the dedicated agents, brokers, and realtors who have made this list a testament to excellence in real estate.
A Star-Studded Lineup of Contributors.
This week's selection features a dazzling array of properties brought to you by some of the most reputable companies in the industry including the following:
Bigways, Brandpro Property Services, Fountain Real Properties, Rentwide and Vumbula property.
These companies have demonstrated unparalleled professionalism and a keen eye for properties that meet the market's demand, especially during this high-spirited season.
The Faces Behind the Listings.
Behind these exceptional properties are the tireless efforts of top agents and brokers, including the following:
Ariko
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UGANDA FACES A CATASTROPHIC SHORTAGE OF AFFORDABLE HOUSING AS POPULATION BOOMS
As urbanization and population growth soar in Uganda, a crisis of epic proportions is brewing. The shocking truth is that a staggering number of low-income families in the country may be left without a roof over their heads, as the cost of housing skyrockets beyond their reach.
The catastrophic shortage of affordable housing is leaving families with no choice but to live in overcrowded and substandard conditions. The situation is so dire that experts are calling it a humanitarian crisis, with the government and private sector scrambling to find a lasting solution before it's too late.
In recent years, Uganda has seen a significant increase in population and urbanization, with more and more people moving to urban areas in search of better job opportunities and a higher standard of living. However, this has also led to a growing problem: the lack of affordable housing.
The high cost of housing in urban areas has made it difficult for low-income families to afford a home, leaving man
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 180672
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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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