Commercial Land for sale in Namugongo Wakiso Uganda, code: 191867
|
|
|
Category: |
Commercial Land
|
|
|
|
This prime plot of land located in Namugongo on Namugongo Road, Wakiso District is an ideal location for any commercial endeavor. It is situated in a prime location with easy access to the nearby town and all the essential amenities. The plot is on quick sale and has been reduced to only 130m UGX from its original price of 500,000,000 UGX.
The size of the plot is 2 acres, with a land tenure of Mailo Land. This prime plot offers an array of amenities for potential buyers. It has a good supply of clean water from the nearby borehole; electricity is easily accessible; and it is well connected to the main road network. Furthermore, it is in a secure area and is close to a variety of shopping and dining options.
The plot is ready for immediate development, making it an ideal investment opportunity for those looking to develop a commercial venture. It is perfect for a variety of uses such as a shopping complex, office building, hotel, or restaurant. The area is rapidly growing with potential for further development and appreciation in value.
This prime plot of land is a great opportunity for anyone looking to invest in a commercial venture in Namugongo. With its easy access to essential amenities, security, and prime location, this plot is sure to appeal to any savvy investor. With a quick sale price of only 130m UGX, now is the perfect time to invest in this prime property.
|
|
|
|
|
QR CODE
|
|
|
|
|
|
|
|
|
|
70 RELATED PROPERTIES
(Related by price or location or district or status or type) |
|
|
WHAT JOMAYI'S COLLAPSE TEACHES US ABOUT REAL ESTATE. The collapse of Jomayi Property Consultants Ltd, once Uganda's most prominent real estate company, serves as a cautionary tale for developers navigating the complexities of the industry. As the dust settles on Jomayi's demise, it's crucial for other developers to reflect on the factors that led to its downfall to safeguard their own ventures.Financial Prudence and Debt Management.At the heart of Jomayi's downfall lies financial mismanagement and debt accumulation. The company's inability to honor its financial obligations, particularly to NC Bank, ultimately led to its insolvency. Despite entering into agreements and consent judgments, Jomayi failed to adhere to payment schedules, triggering legal action and liquidation proceedings. For real estate developers, this underscores the importance of prudent financial management, including disciplined debt repayment and meticulous cash flow forecasting.Risk Mitigation and Diversification.Jomayi's overreliance on specific assets, such as the
|
|
|
|
NOT EVERYONE CAN BUY OR BUILD A HOUSE, JUST LIKE NOT EVERYONE CAN AFFORD TO BUY A CAR. Have you ever found yourself wondering why developers aren't constructing houses tailored for low-income earners? The answer lies in a simple economic reality, the cost of materials and land often surpasses what those with modest incomes can afford. In a world where housing demand outstrips supply, developers prioritize projects that cater to a higher income spectrum. This blog aims not to discourage the dream of homeownership but to shed light on the practicalities of achieving it, especially for those with limited financial means.Recently, during a presentation on Real Estate Database (RED) listings to young IT professionals, a question arose: why doesn't RED feature homes for low-income earners? The term "low income" was loosely defined as earning around 300,000. In response, it was emphasized that if someone earning 300,000 is employed within Kampala, the most viable option is renting until their income surpasses this threshold.Consider this, with a 300,000 income in Kampala, how m
|
|
|
|
DON’T ÈND THIS YEAR WITHOUT A REAL ESTATE WEBSITE, CONTACT THE RED RIGHT NOW! As the year draws to a close, it's time to reflect on your real estate business goals. Did you achieve the visibility and sales you were aiming for? If the answer is no, don't worry, right now is the time to make a powerful move that will revolutionize your marketing strategy. The Real Estate Database (RED) has an incredible offer that you can't afford to miss: a free real estate website as part of your subscription package. Here's why you should act now and set your business up for greater success in the coming year. Why a Real Estate Website is Essential.In today's digital age, having an online presence is no longer optional. A real estate website acts as your virtual storefront, open 24/7 to showcase your properties to a wider audience. With more buyers and renters starting their property search online, a website ensures that your listings are always accessible. It's the ultimate tool for building credibility, enhancing visibility, and generating more leads. What RED's Free Real Est
|
|
|
|
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
|
|
|
|
WHAT DOES THE HOLY QURAN SAY ABOUT THE REAL ESTATE INDUSTRY, AGENTS, REALTORS, AND BROKERS? Real estate is a critical aspect of human society, providing shelter, security, and a place to conduct business. As such, it is natural to wonder what guidance religious texts offer on this essential part of life. The Quran, Islam's holy book, provides profound insights into various aspects of life, including the ethical and moral principles that should guide real estate dealings. While the Quran does not specifically address real estate in the modern sense, it does offer valuable principles that can be applied to real estate transactions and ownership.
The Concept of Stewardship (Khilafah).In Islam, the concept of stewardship, or Khilafah, is central to the understanding of property and land ownership. The Quran emphasizes that everything on Earth belongs to Allah, and humans are merely trustees of the land. This notion is encapsulated in the verse:"To Allah belongs the dominion of the heavens and the earth and whatever is within them. And He is over all things competent." (Quran 5:1
|
|
|
|
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
|
|
|
|
HOME STAGING TIPS AND TRICKS TO SELL FASTER
Home staging is a crucial process in preparing a property for sale. It involves arranging furniture, decluttering, and decorating in a way that makes the property more appealing to potential buyers. Here are some tips and tricks to help you stage your home to sell faster:
Depersonalize: Remove personal items such as family photos, souvenirs, and other personal touches. This allows buyers to envision themselves living in the space.
Declutter: Remove any unnecessary items that make your home look cluttered. This includes clearing out closets, removing excess furniture, and getting rid of any unnecessary items.
Clean and repair: Ensure that your home is clean and in good repair. This includes fixing any visible damage and ensuring that everything is in working order.
Create a neutral color scheme: Neutral colors such as beige or gray help to create a calming atmosphere that can appeal to a wide range of potential buyers.
Focus on lighting: Good lighting ca
|
|
|
|
|
ENTER YOUR DETAILS BELOW AND PRIME WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 191867
|
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.
|
|