2 bedroom Rental units for sale in Namugongo Wakiso Uganda, code: 188844
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Quick sale: 3units rentals, #2Bedrooms(
#2Bathrooms in #Namugongo_. Mbalwa
at only #270m with an earnings of 2.4m monthly Rent just few proximity from tarmac.
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🏚️Balcony
🚪Built in wardrobes
🚘Lots of parking
💠Paved compound
👮Security guards
🏞️Specious compound
🏫Tiled roof
🚧Wall fence
🚰Water tank
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QR CODE
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100+ RELATED PROPERTIES
(Related by price or location or district or status or type) |
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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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CHALLENGES OF BUILDING A REAL ESTATE AGENCY TEAM IN UGANDA.
I have observed that building a successful real estate agency team in Uganda comes with its own set of unique challenges, influenced by factors like licensing regulations, market dynamics, and technological advancements. Here's a detailed look at some of the key challenges faced by agencies in Uganda and how they impact team building efforts. Lack of Licensing Requirements.One of the foremost challenges for real estate agencies in Uganda is the lack of stringent licensing requirements. Unlike in some developed markets where rigorous licensing processes ensure professionalism and standardization, Uganda's real estate sector has relatively lax regulations. This can lead to a proliferation of inexperienced or unqualified agents operating without proper oversight, which can undermine trust in the industry. Easy Entry and Low Cost of Starting Agencies.Another significant hurdle is the ease and low cost associated with starting a real estate agency in Uganda. While this accessibility fosters
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WHO INFLATES RENTAL PRICES, IS IT THE AGENTS OR THE LANDLORDS?
Have you ever found yourself in a situation where you suspect you're paying more rent than your neighbor for a similar living space? If so, you're not alone. In the world of real estate, rent discrepancies are not uncommon, and they can leave tenants feeling puzzled and even frustrated.
Let's delve into a recent incident I encountered, which sheds light on the complexities of this issue and the various factors at play. This story offers a glimpse into the intricacies of real estate transactions, from tenant-landlord agreements to the role of agents in the process.
The Tenant's Dilemma.
In June, a tenant reached out to me with a complaint. She believed she had been overcharged for her rental unit. It all came to light when she was about to sign her tenancy agreement. To her surprise, the agreement stated a rental price of 600K, while she had already paid 700K upfront, covering three months of rent and a security deposit. This situation demanded immediate attention, and I stepped in
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HOW TO FIND HOUSES FOR SALE NEAR YOU.
With the advent of advanced technologies and online platforms, the process of finding a house near you has become more accessible and efficient. One such powerful tool at your disposal is the Real Estate Database (RED), a comprehensive platform that can help you discover houses for sale in your desired location. In this blog, we'll explore two effective ways to navigate the RED and find the perfect home by selecting your specific location and by utilizing the RED property map.1) Selecting Your Location:The Real Estate Database offers a user-friendly interface that allows you to search for properties based on your location. Here's a step-by-step guide on how to use this feature:a) Visit the RED Website: - Start by visiting the official RED website or accessing the RED app on your mobile device and then go to the search filter section at the top.b) Location Search: - Look for the search bar or location filter on the homepage. Select the specific location, or neigh
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WHAT DOES A TYPICAL XMAS LOOK LIKE IN UGANDA?
Christmas in Uganda is a real vibe, a mood, and an energy that can only be described as uniquely chaotic but entirely joyful. Here's a funny breakdown of what makes a Ugandan Christmas a spectacle worth witnessing. The Great Exodus: Town Dwellers Return to Their Roots.Come December, there's a mass migration of Kampala's town dwellers heading back to the villages like birds following an ancient instinct. The village becomes a lively hub as everyone from the long-lost cousin in Kampala to the uncle in Canada returns. If you're still in the city after December 20th, congratulations, you've been officially abandoned. Animals Beware: The Christmas Menu Is Set.If you're a cow, goat, or chicken, this is not your season to shine. While humans feast, animals face their fate. The goat gets tied to a tree, the chicken gets an express ticket to the pot, and the cow, well... Let's just say it's an all-you-can-eat barbecue. Ugandans are firm believers in "meat for every meal" on Christma
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WHAT DOES A TYPICAL NEW YEAR’S DAY LOOK LIKE IN UGANDA?
New Year's Day in Uganda especially in Kampala is a gigantic mixture of noise, excitement, spirituality, and pure Ugandan fun flair. If you've ever experienced it, then buckle up and let me paint you a picture as I take you on an electrifying ride through the new year festivities.Musical Madness and Street Parties.
Concerts and musical events are at the heart of New Year celebrations in Uganda, with the air alive with energy as local artists take center stage. These performances are not confined to a single venue; instead, musicians often hop from one location to another, performing at multiple events across different areas in a single night. It's not uncommon to hear an announcement that a particular artist will be gracing several stages throughout the evening, turning these performers into marathoners as they race against time to spread their rhythms at different venues. The atmosphere is charged with excitement, with crowds dancing, singing, and shouting to the beat of the mus
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VETTING, VERIFICATION, AND APPROVAL OF REAL ESTATE AGENTS BY THE REAL ESTATE DÁTABASE (RED).
The real estate sector thrives on trust, professionalism, and accountability. For platforms like the Real Estate Database (RED), ensuring these values are upheld is not just a priority but a necessity. One of RED's most critical internal processes is the vetting, verification, and approval of real estate agents. This meticulous internally managed process applies only to individuals and companies that seeks to subscribe to the RED platform.Over the years, the absence of a national statutory body to comprehensively vet, verify and approve real estate agents has made this process a cornerstone of RED's operations, avoiding such a process would be a recipe for disaster.While RED doesn't claim to be a regulatory authority, it has deployed all possible efforts to safeguard all its users and uphold the integrity of the industry through its in-house vetting, verification and approval process. Why Vetting, Verification and Approval Matters.Real estate transactions often involve significant
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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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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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ENTER YOUR DETAILS BELOW AND BONNY WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 188844
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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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