2 bedroom Apartment block for sale in Bbunga Kampala Uganda, code: 191357
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Apartment block
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This 6 Units Apartment block is an absolute gem, located in the desirable and affluent neighborhood of Bunga Kalungu. Seated on a fine 50x100ft plot with a ready private Mailo land title and approved building plan on table, it is an opportunity not to be missed. The apartment block comprises of six units; three Double rooms self-contained paying 800k each and the other three 2 bedrooms self-contained paying 1 Million Ugx each. Despite its giveaway price, the units are fully occupied and net 5.4 Million Ugx in monthly rent.
The apartment block is situated few meters away from the main tarmac road, making it easily accessible to the main road and other locations. Accessibility is further enhanced by wide and good tarmac roads throughout the rich neighborhood. The property also boasts of a spacious compound, with a septic tank and other necessary amenities such as a wall fence, paved compound, veranda, balcony, and barbeque.
A unique opportunity awaits the buyer of this property, to purchase a 6 Units Apartment block at such a discounted price. This is an ideal investment opportunity for someone looking to acquire property in an area with high rental yields. The asking price of 550 Million Ugx is negotiable and ready for immediate transfer.
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🏚️Balcony
👩🍳Barbeque
🔶Ceramic tiles
💠Paved compound
🕳️Septic tank
🏞️Specious compound
🏡Veranda
🚧Wall fence
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62 RELATED PROPERTIES
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DOES RAMADAN AFFECT HOW PEOPLE SEARCH FOR PROPERTY?
Ramadan, the holy month observed by Muslims worldwide, brings about significant changes in various aspects of daily life. From fasting during daylight hours to increased religious observance and community gatherings, Ramadan influences not only personal routines but also consumer behavior.
In recent years, businesses across various sectors have recognized the importance of understanding Ramadan's impact on consumer trends. One such area where this impact is notable is in the real estate industry. In this blog, we explore how Ramadan affects property searches and what property owners and real estate agents can do to adapt to these changes.Cultural Significance of Ramadan.Ramadan holds immense cultural and religious significance for Muslims globally. It is a time of spiritual reflection, increased prayer, acts of charity, and community bonding. The fasting from dawn to sunset fosters a sense of discipline and self-control among observers. Moreover, Ramadan is a time when familie
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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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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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appartments
| Location -
Bbunga
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| District -
Wakiso
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| Type -
Apartment block
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Size -
two bedroom
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| Status -
For Sale
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Code - 217272
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Ugx 1,200,000,000
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MORNING MARKET BRIEF - SUNDAY, DECEMBER 22, 2024
Introduction: Welcome to the Daily Morning Market Brief, your go-to for the pulse of Uganda's real estate market. Never start your day without reading or listening to this important brief, the Situation Report, Market Overview, or Status Report from the Real Estate Database (RED), lest you risk missing out on crucial insights that could shape your real estate decisions.Overview: Uganda's real estate market is showing a fast-paced growth trajectory. With the demand for residential and commercial spaces on the rise, especially in cities like Kampala, Jinja, and Entebbe, Uganda's real estate market is experiencing a boom.Snapshot: The market is currently experiencing a surge in demand for affordable housing units in areas like Naalya, Ntinda, and Muyenga. Commercial properties in the Central Business District and industrial areas such as Namanve are also seeing increased interest.Update: More and more developers are focusing on delivering quality real estate projects to cater to the growi
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THE MINIMUM SIZE OF LAND REQUIRED FOR A LAND TITLE IN UGANDA.
Obtaining a land title is a crucial step in establishing ownership, but there are regulations that dictate the minimum size of land eligible for titling. The Ministry of Lands, Housing, and Urban Development has a policy that limits the issuance of land titles for plots smaller than 12.5 decimals (approximately 0.125 acres or 0.051 hectares) or smaller than 50x100 feet (approximately 0.046 hectares) in size. Key Objectives of the Policy.
1. Encouraging Land Consolidation: By limiting titles for smaller plots, the policy aims to encourage the consolidation of small plots into more economically viable landholdings. This promotes better land utilization and encourages larger, more productive estates. 2. Simplifying Land Administration: Managing small, fragmented plots can be administratively complex and costly. By setting a minimum size requirement, the government reduces the complexities involved in land management.3. Promoting Efficient Land Use: Larger consolidated
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DID YOU KNOW THAT REAL ESTATE AGENTS ...
Beyond the familiar image of professionals helping you buy or sell a home, there's a wealth of knowledge and intricacies to explore. Join us as we unravel the lesser-known aspects of real estate agents with intriguing facts about them
1. Did you know that real estate agents undergo extensive training?Real estate agents often complete rigorous training programs to improve efficincy. This training includes learning about real estate laws, market trends, negotiation strategies, and ethical standards.2. Did you know that real estate agents can specialize in niche markets?Some real estate agents specialize in specific types of properties or markets, such as luxury homes, commercial real estate, or vacation properties. This expertise allows them to provide tailored services to clients with unique needs.3. Did you know that real estate agents use advanced technology in their work?From virtual tours and drone photography to advanced data analysis tools, real estate agents leverage cut
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ENTER YOUR DETAILS BELOW AND PRIME WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 191357
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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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