Residential Land for sale in Lubowa Wakiso Uganda, code: 191870
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Residential Land
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This fantastic plot of land is situated on Lubowa Kitiko Hill and offers an absolutely incredible view of Lake Victoria. The area is a classic neighborhood, making it an ideal location for either a home or condominium. It is conveniently located on Entebbe Road in Wakiso District, making it easily accessible and a desirable property.
The land is being offered for sale at 650,000,000 shillings and is negotiable. It is Mailo land with a title deed, and the size is 50 decimals. This includes the following amenities: beautiful views of Lake Victoria, a classic neighborhood, and easy access to Entebbe Road.
This property is a great opportunity for someone looking to build either a home or a condominium. Its convenient location and stunning views of Lake Victoria make it a desirable piece of land that is sure to attract buyers. The fact that it is negotiable makes it an even more attractive option. With its beautiful views and prime location, this plot of land is the perfect place to build the home or condo of your dreams.
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91 RELATED PROPERTIES
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THE 3 KEY FACTORS THAT WILL DETERMINE YOUR INVESTMENT IN REAL ESTATE.
Investing in real estate can prove to be a lucrative venture. However, before taking the plunge, it is crucial to assess and comprehend the key factors that will significantly impact your investment decisions.In a recent interview that has been featured on LinkedIn, Judy Rugasira from Knight Frank Uganda highlighted the three factors that should be considered before venturing into real estate. I concur that these factors are indeed crucial, and this has prompted me to initiate a discussion within my circles and followers by composing this blog on the subject. The highlighted factors are the 1) Risk Profile, 2) Risk Capacity, and 3) Investment Horizon. 1. Risk Profile: Know Thyself.The first and foremost question to ask yourself is, "What is my risk profile?" Understanding your risk tolerance is essential in shaping your investment strategy. Are you comfortable with high-risk investments that have the potential for higher returns, or do you prefer a more conservative approach? Your risk
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FAILING TO ACCURATELY ASSESS A BUYERS’ NEEDS DOES NOT MAKE THE BUYER UNSERIOUS.
As a veteran in the real estate marketing space, I frequently encounter situations where potential buyers, leads, or referrals from the Real Estate Database (RED) were not properly followed up to closing. When I confront agents about these missed opportunities, I often hear excuses such as the lead or potential buyer "was unserious."
This response is frustrating and concerning to me because it implies a lack of effort and professionalism on the part of the agent. It's disheartening to have to repeatedly educate agents about the importance of treating all potential clients with equal respect and diligence, regardless of their perceived seriousness.
It's baffling to me how a potential buyer could come across a 400 million or 600 million property on the Real Estate Database (RED), express interest through an inquiry, arrange for a tour of the property with a real estate agent, and often times even pay search fees, only for the agent to turn around and dismiss the lead as
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DO YOU HAVE THE RIGHT INSURANCE FOR YOUR PROPERTY?
Owning property is a significant investment and a source of pride for many individuals. Whether it's a cozy home, a bustling commercial space, or a sprawling estate, your property represents a culmination of hard work, dreams, and aspirations. However, safeguarding this valuable asset requires more than just locks and security systems.
Having the right insurance coverage is essential to protect against unforeseen events that could disrupt your life and financial stability. In this blog, we'll explore the importance of having the right insurance for your property and guide you through the considerations you need to make to ensure comprehensive coverage.
Understanding Property Insurance
Property insurance is a type of coverage designed to protect your real estate investment and its contents against a range of perils, including fire, theft, natural disasters, and vandalism. It acts as a safety net, helping you recover financially from unexpected events that could otherwise lead to su
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MBAALE DISTRICT REAL ESTATE MARKET TRÈNDS
Nestled in the scenic landscapes of eastern Uganda, Mbaale is emerging as a promising hub for real estate development. With a rich cultural heritage and a growing economy, this city is witnessing a real estate renaissance. In this blog, we'll delve into the key trends shaping the real estate landscape in Mbaale.
Historical origins
The name is commonly writen as Mbale from colonial times but is generaly pronounced as Mbaale. One theory links "Mbale" to the Gisu culture, a Bantu ethnic group in Uganda. According to this explanation, the name might be derived from the Gisu word "embaale," which translates to "plain" or "open space." This refers to the area where the city of Mbale is situated, which was originally an open grassland.
1. Rapid Urbanization and Infrastructure Development:Mbaale is experiencing significant urbanization as people migrate from rural areas to urban centers in search of better opportunities. This influx has fueled the demand for housing and commerci
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YES! IT'S TRUE THAT REAL ESTATE CAN BE LOST OR STOLEN (TOWAKANA!).
Someone once said that "Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world". However, the one who said that should have known that Uganda is a different animal, and in the context of Uganda, this idealistic view often clashes with the harsh realities of the local market. Lets break down that saying into pieces and see how it clashes with the real world in Uganda. Real Estate Can Be Stolen (in Uganda).Unlike the secure image of real estate portrayed in that saying, property theft is a real issue in Uganda. Land fraud and property disputes are prevalent, often fueled by unclear land titles and fraudulent transactions. Instances of people losing their properties due to forged documents or dubious dealings are not uncommon. This undermines the sense of security that real estate should ideally provide.
Mr Arineitwe, a renown real estate scho
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WHAT'S THE DIFFERENCE BETWEEN A SUITE APARTMENT AND A STUDIO APARTMENT?
When searching for an apartment, understanding the subtle differences between various types can make a significant impact on your decision. Two popular options in the real estate market are suite apartments and studio apartments. While they both cater to different lifestyles and needs, their layouts, size, and purpose set them apart. Let's dive into the specifics of each to help you determine which one suits you best. What is a Studio Apartment? A studio apartment is the epitome of simplicity and efficiency. Designed as a single open space, a studio merges the living room, bedroom, and kitchen into one functional area, with only the bathroom being separate. Key Features of a Studio Apartment:
Open Layout: Everything is within one large space, making it cozy and compact.
Small Size: Studios are generally smaller, ranging from 300 to 600 square feet.
Affordability: Perfect for individuals looking for budget-friendly options.
Minimalist Li
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UNCOVERING THE TRUTH ABOUT REAL ESTATE AGENTS IN UGANDA.
Real estate agents play a crucial role in the property market, acting as intermediaries between buyers and sellers. In Uganda, like in many other countries, real estate agents often face unjust blame for various issues that are beyond their control. In this blog post, we aim to shed light on some common misconceptions and set the record straight regarding the things real estate agents in Uganda are wrongly blamed for. By understanding the challenges they face, we can foster a more informed perspective and appreciate their valuable contributions.
Property Prices:
Misconception: Real estate agents are responsible for high property prices in Uganda.
Reality: Real estate agents do not determine property prices. Market forces such as supply and demand, location, and economic factors influence property prices. Agents assist in valuing properties based on market conditions but cannot unilaterally control or inflate prices.
Property Scams:
Misconception: Real estate agents are s
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MATCHING THE RIGHT BUYER TO THE RIGHT SELLER: A GUIDE FOR REAL ESTATE AGENTS.
One of the most critical skills a successful agent must possess is the ability to match the right buyer with the right seller. This process goes beyond simply connecting two parties; it involves understanding the needs, preferences, and circumstances of both buyers and sellers to ensure a seamless and satisfactory transaction for all involved. Here's a comprehensive guide to mastering this art. Understanding Buyer Profiles. 1. First-Time Homebuyers.First-time homebuyers often look for affordability, good neighborhoods, and properties that require minimal renovation. They value guidance and may need assistance with understanding the buying process, financing options, and long-term value. 2. Investors.Investors are focused on ROI (Return on Investment). They are interested in properties with high rental yields, potential for appreciation, and low maintenance costs. They are often more analytical and less emotionally driven in their purchases. 3. Upsizers.These buyers are looking to move
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WHY DO SOME UGANDAN LANDLORDS THINK THEY ARE ABOVE THE LAW?
In Uganda, the relationship between landlords and tenants is often fraught with tension and misunderstandings. One prevailing issue is the perception that many landlords behave as if they are above the law. This behavior stems from a complex interplay of cultural, legal, and socio-economic factors.
To understand this phenomenon, we must delve into the intricacies of Uganda's rental market, legal framework, and societal norms. Here are some concrete examples that illustrate why many Ugandan landlords feel empowered to act beyond the law. Historical and Cultural Context.In Uganda, land ownership carries significant historical and cultural weight. Traditionally, land and property have been seen as symbols of wealth and power. This deep-rooted cultural perspective often influences the behavior of landlords, who may view themselves as having unquestionable authority over their property. Example. In rural areas, landlords who own land passed down through generations often see themse
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ENTER YOUR DETAILS BELOW AND PRIME WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 191870
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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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