2 bedroom Rental units for sale in Namulanda Wakiso Uganda, code: 188740
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This is an amazing property investment opportunity with four separate rental units available for purchase in Namulanda, Entebbe Road, Wakiso District. Each of the units is equipped with two bedrooms, a sitting room, and a dining area, making it perfect for a small family or a couple. The selling price of each unit is 600,000 Shillings and the monthly income is 2.4 million Shillings, making it an excellent investment. The total cost of the property is 270 million Shillings, and this is slightly negotiable.
The property is situated on 15 Decimals and is held under private Mailo Land title. This is an ideal investment for anyone looking to secure a steady income from rental of the units. The benefits of owning this property include the potential for capital appreciation, as well as the regular income that comes from renting out the units.
The location of the property is also ideal for potential tenants. Namulanda is a growing community and Entebbe Road is a busy and bustling area with plenty of amenities, shops, and services. This means that the units are likely to be in high demand.
This property is an ideal opportunity for anyone looking to invest in real estate in Wakiso District and secure a steady income from rental of the units. With a selling price of 270 million Shillings, slightly negotiable, it is a great investment opportunity that is sure to appreciate in value over time.
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AGENTS ABANDONING THE PRACTICE OF TOPPING PROPERTY PRICES WITH COMMISSION.
Several years ago, when I first ventured into the Ugandan real estate market, a common practice among real estate agents was to top-up property prices with their commission. This practice resulted in each agent having their own price for the same property. Back then, it seemed like a normal part of doing business, as landlords were often unwilling to pay commissions on their quoted prices.
Agents resorted to topping-up property prices in order to secure their commissions, and the more they added, the more they earned. However, this practice had its downsides, including the hardening of landlords' hearts, locally known as "Okuzimba Omutima." As a proponent of capitalism and a believer in free market economics, I initially saw no issue with agents topping up prices. Buyers willingly paid the quoted price, and yet they had plenty of options to choose from. Moreover, topping-up property prices was not illegal.
However, times have changed, and this practice has become incr
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 188740
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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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