1 bedroom Rental units for sale in Kira Wakiso Uganda, code: 180938
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This set of 6 rental units is situated on the desirable Kira Mamerito Road and offers a great opportunity for the savvy investor. With a fixed monthly income of 3 million Shillings, this is an attractive investment.
The units are 1 bedroom 1 bathroom, and have been recently renovated to provide a contemporary and comfortable living space
The units have been designed with the convenience of the tenants in mind. They are conveniently located close to public transportation, grocery stores, and other amenities. The building is secure and well-maintained, with a friendly and helpful staff on hand.
The price of 485,000,000 Shillings is negotiable and offers a great return on investment. With 6 rental units, this is a great opportunity to generate a steady income with minimal effort. The rental income could be used to pay down the investment or used for other investments.
This is an ideal investment opportunity for anyone looking to capitalize on the booming rental market in Kira Mamerito Road. With a good location, attractive amenities, and a steady income, this is an opportunity that should not be missed.
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20 RELATED PROPERTIES
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WHAT EXACTLY HAPPENS NEXT AS SOON AS A TENANT FAILS TO PAY RENT IN UGANDA?
Being a landlord comes with its fair share of responsibilities, one of which is ensuring that tenants fulfill their financial obligations, particularly paying rent on time. In Uganda, landlords have legal recourse under the Landlord and Tenant Act when tenants fail to meet their rent obligations.
Understanding the steps involved in this process is crucial for landlords and tenants seeking a resolution to unpaid rent. In this situation, we will outline the necessary actions that a landlord can take when faced with a tenant who fails to pay rent, providing a short guide to navigating the legal system and recovering what is owed.
Serve a notice to pay rent. The landlord must serve the tenant with a notice to pay rent. The notice should be in writing and state the amount of rent owed and the due date for payment. The notice period will depend on the nature of the tenancy agreement, but it should be at least seven days if the tenant is on a periodic tenancy.
File a suit in court. I
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THE GOOD THE BAD AND THE UGLY IN UGANDA'S REAL ESTATE INDUSTRY.
Uganda's real estate industry has been growing steadily in recent years, with more and more investors looking to tap into the country's vibrant property market. However, like any industry, there are both good and bad aspects to Uganda's real estate market, and some practices can even be considered ugly.
The Good: A Growing Industry
One of the positives of Uganda's real estate industry is that it is growing at a steady pace. According to the World Bank, the country's GDP growth rate was 6.5% in 2019, which is expected to continue in the coming years. This growth has had a positive impact on the real estate industry, with more and more investors entering the market to take advantage of the opportunities.
Another positive is that Uganda's real estate market is relatively untapped, with vast tracts of land available for development. This presents an excellent opportunity for investors looking to invest in the industry. Additionally, the country has a growing middle class, which is
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 180938
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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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