3 bedroom Bungalow for sale in Kyanja Kampala Uganda, code: 183302
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This is an incredible opportunity to purchase a three-bedroom, two-bathroom unfinished bungalow for sale located in Kyanja on Kyanja Ring Road within Kampala District. The property is situated on a 50 by 70fts plot of land and is priced at a very reasonable 100,000,000 Shillings.
This house provides a great opportunity for those looking to create their own dream home in a vibrant and bustling area of Kampala. The property is situated in a great spot, close to local amenities and transport routes. The open-plan living area is spacious and bright, with plenty of room for modernizing and personalizing. The property boasts three good-sized bedrooms, two bathrooms and a large kitchen/dining area.
The large plot of land allows for plenty of outdoor space for the buyer to take advantage of. This could be used to create a beautiful garden area with landscaping, a swimming pool, or an outdoor living space. The opportunities are endless.
This property is an ideal investment opportunity for those looking for a great deal and the chance to create their own dream home in a vibrant area of Kampala. With some work and imagination, this property has the potential to be transformed into a stunning and unique home.
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100+ RELATED PROPERTIES
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WHAT IS DUAL AGENCY IN REAL ESTATE AND HOW DOES IT WORK?
Real estate transactions can be complicated and confusing, especially for first-time buyers or sellers. One term that often comes up in real estate is "dual agency." In this blog, we will discuss what dual agency means in real estate and how it works.
What is Dual Agency?
Dual agency occurs when a real estate agent represents both the buyer and the seller in the same transaction. This means that the agent is acting as a representative for both parties and owes them both a fiduciary duty. A fiduciary duty means that the agent must act in the best interest of their clients, including protecting their confidential information, negotiating on their behalf, and disclosing any relevant information about the property.
Dual agency is legal in many countries. In countries where dual agency is allowed, the agent must disclose this to both the buyer and the seller and obtain their written consent before proceeding with the transaction.
How Does Dual Agency Work?
When an agent represe
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PROPTECH IS REVOLUTIONIZING THE REAL ESTATE INDUSTRY IN UGANDA
The real estate industry in Uganda has undergone a significant transformation in recent years, largely due to the advent of PropTech. PropTech, or property technology, refers to the use of technology to streamline and improve various processes within the real estate industry. In Uganda, PropTech has not only made the process of buying and selling property easier, but it has also increased transparency and made it more accessible to a wider audience.
One of the leading PropTech platforms in Uganda is the Real Estate Database (RED). RED is a comprehensive platform that provides up-to-date information on properties for sale or rent across the country. The platform is user-friendly and enables users to easily search for properties based on their specific requirements, such as location, price, and type of property.
The platform also offers valuable information on the real estate market, such as property prices and trends, making it an invaluable tool for real estate professionals and in
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THE MOST COMMON HOME BUYING MISTAKES IN UGANDA.
Buying a home is one of the biggest investments you'll ever make, so it's important to do your due diligence before making the final decision. Unfortunately, many home buyers in Uganda make common mistakes which can result in significant long-term financial losses. In this blog post, we'll discuss some of the most common home buying mistakes in Uganda and how you can avoid them.
Not doing enough research.
One of the biggest mistakes home buyers make is not doing enough research when choosing the right property. This can include not researching the neighborhood, not researching the local real estate market, and not researching the property itself. It's important to gather as much information as possible before making a decision. Look at the crime rate in the area, the proximity to schools and other amenities, and the potential for future development. Additionally, you should research the property's history, including any previous owners, renovations, and repairs.
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UNDERSTANDING THE LAND TENURE IN UGANDA AND ITS IMPACT ON REAL ESTATE OWNERSHIP
Uganda is a country with a complex land tenure system, which has significant impacts on real estate ownership. The system is a result of a mix of different land tenure systems inherited from Uganda's colonial past, which have evolved and adapted to the country's changing political, social, and economic circumstances. In this blog, we will examine the different types of land tenure in Uganda and their impact on real estate ownership.
Mailo Land: Mailo land is a type of land tenure system that was introduced in Uganda during the colonial period. It is prevalent in central Uganda, where it covers about 30% of the land area. Mailo land is a freehold system where the land is owned by individuals or families who have the right to use, sell, or lease it. However, the landowners only have ownership rights to the surface of the land, as the government retains ownership of the minerals and subsoil.
The main challenge with the Mailo land system is that it has led to fragmented landowner
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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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REAL ESTATE AGENT TIPS FOR NEWBIES
Real estate can be a lucrative and rewarding career for those who are passionate about helping clients find their dream homes or investment properties. However, getting started as a real estate agent can be challenging, especially for beginners. Here are some tips for new real estate agents to help them succeed in their career.
Build a Strong Network
One of the most important aspects of being a successful real estate agent is building a strong network of clients, real estate agents, and industry professionals. Start by networking with family and friends, and ask them to refer you to anyone who may be looking to buy or sell a property. Attend local real estate events, join professional associations, and connect with other agents in your area to build relationships and expand your network.
Develop Your Brand
Developing a personal brand is essential for real estate agents. Your brand should reflect your values, personality, and expertise, and it should be consistent ac
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UNDERSTANDING PROPERTY LABELS ON THE REAL ESTATE DÁTABASE (RED).
The Real Estate Database (RED) has introduced several property labels designed to increase the visibility of unique features and statuses of properties. These labels serve as vital indicators for buyers, sellers, and renters, helping them quickly assess a property’s status and determine if it aligns with their needs. Let's dive into some of these labels and what they mean.1. On Offer: This label signifies that a buyer has already made an offer on the property, but payment has not yet been finalized. It's a heads-up that the property may soon be sold, though it's still available for now.2. Hot Deal: A "Hot Deal" label is used for properties that are being boosted for enhanced visibility. These properties are often seen as a great value or offer something unique, so they're given more prominence to attract attention quickly.3. Short Let: Properties marked as "Short Let" are available for rental on a short-term basis. These are ideal for individuals who need tempor
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20+ LAWS GOVERNING REAL ESTATE IN UGANDA.
Real estate investment can be a lucrative venture in Uganda, but it also comes with its fair share of legal complexities. To avoid legal issues and ensure compliance, it's important for investors and property owners to be familiar with the laws and regulations governing the industry.
Here are some of the key laws that investors and property owners should be aware of:
The Land Act The Land Act is a law that has a significant impact on the real estate industry in Uganda. This law regulates various aspects of land ownership, management, and use, including the acquisition and transfer of land titles, leasehold transactions, and land disputes. The Land Act also sets out the procedures for registering land ownership and creating interests in land, such as mortgages, leases, and easements. Additionally, the law establishes the rights and obligations of landowners and occupiers, and provides for the management of public land. Compliance with the Land Act is essential for real estate inve
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WHO PAYS THE REAL ESTATE AGENT'S COMMISSION WHÈN YOU BUY OR SELL A HOME?
When buying or selling a home, one of the questions that may come to mind is who pays the real estate agent's commission. The answer is not always straightforward, as it can vary depending on the circumstances of the transaction. In this article, we will explore the different scenarios in which the commission is paid and who is responsible for it.
The role of real estate agents in a transaction
Before we delve into who pays the commission, it's important to understand the role of real estate agents in a transaction. Real estate agents act as intermediaries between buyers and sellers, helping both parties navigate the complex process of buying or selling a home. They provide valuable services such as marketing the property, scheduling and hosting open houses, negotiating offers, and handling the paperwork involved in a sale.
In exchange for these services, real estate agents receive a commission, which is a percentage of the sale price of the property. The commission is typic
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 183302
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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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