1 bedroom Rental units for sale in Namugongo Wakiso Uganda, code: 180804
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This incredible opportunity to acquire a multi-unit rental property in Namugongo, Sonde-Misindye is an incredible opportunity to invest in a lucrative real estate investment with a tremendous return on investment. This property boasts 5 double units, each with 1 bedroom and 1 bathroom, making it a great option for both rental and resale. The total size of the property is 13 decimals, which includes ceramic tiles, a septic tank, a soak pit, and a wall fence – all essential amenities for any rental property.
This prime location in Namugongo is perfectly situated for maximum accessibility and convenience. The property is located on Sonde Road in Wakiso District, and is only a few minutes away from many popular attractions such as Lugogo Mall, Kabaka’s Lake, and the Namugongo Martyrs Shrine. This property boasts excellent rental potential due to its convenient location and modern amenities.
The asking price for this property is an incredible 210,000,000 Shillings, making it an extremely attractive option for investors. This is far below the market value of 1.8M, presenting an excellent opportunity to acquire a multi-unit rental property at a fraction of the price. Furthermore, the land tenure is Mailo Land, which is a secure and reliable form of tenure for real estate investments in Uganda.
This multi-unit rental property in Namugongo, Sonde-Misindye is a prime real estate investment with a tremendous return on investment. The asking price is far below the market value, and the property is conveniently located with modern amenities. This is a once in a lifetime opportunity that any investor would be foolish to miss out on.
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🔶Ceramic tiles
🕳️Septic tank
🕳️Soak pit
🚧Wall fence
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QR CODE
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100+ RELATED PROPERTIES
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HOW TO DETECT OVERPRICED HOMES
Buying a home is a big investment, and it's essential to ensure that you're getting the best value for your money. However, many homes are priced higher than their market value, which is why it's important to know how to detect overpriced homes. But unfortunatly there is no weiging scale which can accuratly measure the value of a property. However, here are some tips that can help you to identify overpriced homes and avoid overpaying for your next property.
Research the Market: Before you start your home search, it's essential to have a clear understanding of the current market conditions. Look at the prices of similar homes in the same neighborhood, and compare them to the asking price of the home you're interested in. If the asking price is significantly higher than the average price of other homes in the area, it's possible that the home is overpriced.
Check the Home's Features: The price of a home depends on many factors, including its location, size, and features. If the
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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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HOW TECHNOLOGY IS HELPING US SURVIVE NOW AND THRIVE LATER.
The real estate industry has always been a competitive and dynamic market, and technology is playing an increasingly important role in shaping its future. From virtual property tours and digital marketing to smart home technology and data analytics, the use of technology in real estate is providing new opportunities for growth and innovation. In this blog, we'll explore how technology is helping the real estate industry thrive and evolve beyond the challenges of the economy.
Virtual Tours and Open Houses
One of the most significant challenges facing the real estate industry during the pandemic has been the inability to hold in-person tours and open houses. However, technology has made it possible to conduct virtual tours and open houses, allowing buyers to view properties from the safety of their own homes.
Virtual tours and open houses have become increasingly popular, and they provide a convenient and efficient way for buyers to view properties without having to leave thei
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FREE PROPERTY MANAGEMENT PROPOSAL FOR YOUR NEXT DEAL.
Property management entails a myriad of responsibilities beyond rent collection and tenant eviction. To gain the trust of property owners and effectively demonstrate your capability as a property manager, it is crucial to provide a comprehensive proposal. It has come to my attention that numerous aspiring property managers struggle with crafting proposals and plans for managing properties.
To tackle this issue, I provide professional, tailor-made proposals and plans at a modest, budget-friendly consultation fee. Additionally, I have taken the initiative to craft a user-friendly yet informative sample property management proposal as you will see below.
You can effortlessly copy, edit, and seamlessly integrate it into your communication with the landlord, ensuring a polished and persuasive presentation of your services. See the sample proposal below:
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Dear Landlord.I hope this messege finds you in good health and high spirits
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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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WHY A PROPTECH STARTUP NEEDS TO MAKE PROFITS FRÓM THE START.
If you're starting an online PropTech business, one critical lesson is clear, your startup must focus on generating profits from day one. This means your pricing should ensure that revenue from the minimum number of viable clients covers all your regular monthly expenses, and reaching this client base should be achievable within a few months (not years) of launching. Based on my own experience, this is a crucial factor in building a sustainable and competitive business in such a rapidly evolving industry. The Importance of Profitability from the Start.When building a PropTech startup, your business model must be designed to generate profits immediately, no matter how small the profits. Many startups fall into the trap of waiting years to make money, thinking that growth and scale should come first. This is a dangerous path, as it can leave you vulnerable to new competitors who might offer similar technology or services for free.For example, Flipkart, an e-commerce giant in India, faced
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IS IT HARAM (FORBIDDEN) FOR REAL ESTATE AGENTS TO SELL PROPERTIES DURING THE MONTH OF RAMADAN?
The Islamic holy book, the Quran, does not specifically talk about real estate agents. However, the principles of trade and commerce in Islam, as mentioned in the Quran and other Islamic texts, can be applied to the profession of real estate.
In Islam, there is no religious ruling that forbids real estate agents from selling properties during the month of Ramadan. The principles of trade and commerce in Islam encourage lawful and honest business transactions, and as long as the agent is fulfilling their obligations and conducting business ethically and legally, there is no prohibition
The profession of real estate agent, as we know it today, did not exist during the time of the Prophet Muhammad (peace be upon him). However, the principles of real estate transactions and property ownership were well established in Islamic societies at that time. The process of finding properties for sale or rent was likely different from what we see today with the use of modern real estate age
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IS BUYING PROPERTY WITH EXISTING TENANTS A SMART INVESTMENT OR A POTENTIAL HEADACHE?
The real estate market is a complex and dynamic landscape, presenting various opportunities for investors to expand their portfolios. Among the many options available, purchasing a property with existing tenants has become an attractive choice for savvy investors. While this approach offers potential benefits, it also comes with its fair share of challenges and considerations. In this blog, we will explore the pros and cons of buying property with existing tenants, shedding light on whether it's a smart investment or a potential headache.
The Pros:
Immediate Cash Flow: One of the most significant advantages of buying a property with existing tenants is the immediate cash flow it generates. As the new owner, you inherit the rental income without the need to search for new tenants, which can provide a stable source of income from day one.
Reduced Vacancy Risk: Vacant properties can quickly drain an investor's finances, but acquiring a property with existing tenants mitigates
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THE RISE OF GREEN BUILDING STANDARDS IN UGANDA'S REAL ESTATE SECTOR.
In recent years, the world has witnessed a significant shift towards sustainable living and environmentally conscious practices. One area where this trend is particularly evident is in the construction industry, where green building standards have become increasingly prevalent. Uganda, in particular, is experiencing a surge in the adoption of these standards within its real estate sector.Green building standards involve the integration of various eco-friendly principles and practices into the design, construction, and operation of buildings. This includes strategies to minimize energy consumption, harness renewable energy sources, and utilize sustainable materials. The overarching goal is to reduce the environmental impact of buildings while creating healthier and more efficient spaces for occupants.In Uganda, this movement towards sustainability is driven by several factors. First and foremost is the growing awareness of environmental issues and the need for responsible resource manag
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ENTER YOUR DETAILS BELOW AND PRIME WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 180804
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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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