1 bedroom Rental units for sale in Namugongo Wakiso Uganda, code: 192336
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This is a great deal for investors looking to invest in rental units in Namugongo. This property is conveniently located on Jjogo road, within Wakiso district, providing easy access to the main road, local shops, restaurants, and other amenities. The property consists of four double self-contained rooms, making it an ideal investment for rental income. The land is titled Mailo Land and is 12 decimals in size.
This rental unit has a potential income of 1 million shillings, making it a great investment. The asking price for this property is 100 million shillings, making it a great deal. The property is in a great location and has great potential for growth and income. It would be an ideal investment for anyone looking to invest in rental units.
This is a great opportunity to purchase rental units in Namugongo at an affordable price. The property is conveniently located and has great potential for rental income. The land is titled Mailo Land and is 12 decimals in size. Do not miss out on this opportunity to invest in rental units in Namugongo. Hurry and contact us now to take advantage of this great deal!
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100+ RELATED PROPERTIES
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A COMPREHENSIVE GUIDE TO REAL ESTATE TAXES IN UGANDA.
Real estate investment in Uganda can be a profitable venture, but it is essential to understand the various taxes that come with it. Taxes such as property rates, withholding tax, and stamp duty can significantly impact an investor's financial bottom line. Here's a comprehensive guide to real estate taxes in Uganda that every property owner or investor should know:Withholding Tax.
In Uganda, withholding tax on rental income is applied to individuals and companies earning income from renting out properties. This tax is deducted at the source by the tenant when making rental payments to the landlord and is then remitted to the Uganda Revenue Authority (URA). The law specifies the parties responsible for withholding the tax (tenants) and those from whom the tax is withheld (landlords), depending on the nature and circumstances of the transaction.Tenants are legally obligated to remit the withheld tax (or the amount that should have been withheld) to URA within 15 days after the end of
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PLAY THE RED GAME AND WIN CASH, THE STAKES ARE HIGH, THE LOCATIONS ARE TRICKY.
Are you tired of the same old real estate routine? Bored of endless property listings and monotonous meetings? Well, fret not, dear real estate professional. The Real Estate Database (RED) brings you an exhilarating adventure that promises to spice up your property pursuits, it's the RED GAME, where the stakes are high, the locations are tricky, and the excitement is through the roof.Sign-Up and play.Before you embark on this rollercoaster of real estate gamming, you'll need to create a RED account. Don't have one yet? No worries, just click here to register. Once you're in, it's time to put on your virtual real estate detective hat and get ready for some serious fun.How to Play: A Quick Guide.The rules are simple, but the consequences are oh-so-serious. Click on a property photo you recognize, select the right location from the dropdown menu, and hit submit. Get it right, and you're on your way to the next level with a hefty stash of points or cash. Get it wrong, and say goodbye to yo
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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
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THE REAL ESTATE INDUSTRY ALSO HAS ITS OWN HEROES.
In Uganda, Heroes Day is a significant occasion. Celebrated annually on June 9th, it commemorates the sacrifices of those who fought for the nation's freedom and honors individuals who have made notable contributions to the country's development. While the day traditionally celebrates military heroes and political figures, it's essential to recognize the unsung heroes in various sectors who have played pivotal roles in shaping Uganda’s future. One such sector is real estate, where numerous individuals and organizations have worked tirelessly to transform the landscape of our nation. Visionary Developers.At the forefront of Uganda's real estate revolution are the visionary developers. These individuals and companies have not only seen the potential for growth in various regions but have also taken the bold steps necessary to turn their visions into reality. By investing in infrastructure, they have created residential, commercial, and industrial spaces that have spurred economic
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WHAT TO LOOK OUT FOR WHÈN CHOOSING AN APARTMENT.
Whether you're a first-time renter or a seasoned apartment dweller, there are several key factors to consider when embarking on your apartment hunting journey. Choosing the right apartment is a significant decision that can greatly impact your daily life and overall well-being. In this guide, we'll explore the essential elements to keep in mind to ensure you find the perfect home that meets your needs and lifestyle.1. Location, Location, Location.The first rule of real estate holds true for apartment hunting as well. Consider the location carefully. Assess the proximity to your workplace, public transportation, grocery stores, schools, and other amenities that are important to you. A central location may offer convenience, but it might come with a higher price tag.2. Budgeting.Establish a clear budget before you start your search. Factor in not only the monthly rent but also utilities, parking fees, and any additional costs associated with the apartment. Be realistic about what you can
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ADAPTING YOUR HOME FOR EACH STAGE OF RAISING KIDS.
Raising children is one of the most rewarding yet challenging experiences one can have. As a parent, understanding the different stages of a child’s development is crucial, not only for their growth but also for maintaining harmony and functionality within the home. This understanding is particularly significant in the context of real estate, where the dynamics of your home environment play a pivotal role in your family's well-being. Here, we break down the four key stages of raising kids and how to navigate each phase effectively. Stage 1. The Foundation Years (0-5).In the early years of a child's life, from zero to five, your primary role is to teach them discipline. This stage is about setting boundaries and establishing a sense of structure and routine. Your home during this period should be safe and conducive to learning basic rules and understanding consequences.Tips for the Home.- Childproofing. Ensure safety by childproofing the home, including securing cabinets, covering
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THE CHALLENGE OF DEALING WITH SELLERS WHO ARE IN NO HURRY TO SELL.
Sellers who are not in a hurry to sell can pose a unique challenge for both eager buyers and proactive real estate agents. The reasons behind their lack of urgency vary, ranging from financial stability to speculative expectations. In this blog, we will explore the frustrations and dynamics involved when dealing with sellers who are in no rush to part with their properties.1. Financial Comfort:One common scenario involves sellers who are already renting out their property, enjoying a steady stream of income. This financial stability eliminates the urgency to sell, as they are content with the current arrangement. The lack of pressure to finalize a deal can be frustrating for buyers and agents eagerly looking to close transactions.2. Overpriced Listings:Some sellers choose to list their properties at significantly higher prices, often double or triple the market value. This strategy is often employed with the hope that a buyer seeking to conceal illicit funds in real estate will come al
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HOW TO GENERATE REAL ESTATE LEADS AND SALES FRÓM LINKEDIN.
LinkedIn has emerged as a powerful platform for professionals, and the real estate industry can leverage its networking opportunities to generate leads and close sales. Here's a guide on how you too can make the most of LinkedIn to expand your networks, generate leads, and close deals for real estate success.Join or post and Participate in Real Estate LinkedIn Groups.Popular LinkedIn groups for real estate like the Real Estate Database (RED) group are excellent for posting and sharing all your property listings plus networking with like-minded professionals and potential buyers.
Find Real Estate-Related Groups: Join groups that focus on real estate investing, property management, or home buying.
Engage in Discussions: Regularly comment, share your expertise, and start discussions. Offer helpful advice to group members' queries to establish yourself as a trusted expert.
Promote Your Listings Carefully: If the group allows, share some of your top listings. Always provide valuab
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DO YOU HAVE WHAT IT TAKES TO BE A REAL ESTATE AGENT?
Are you considering a career in real estate? It's a field filled with promise, opportunity, and the potential for great success. Yet, not everyone is cut out for the challenges and demands of this profession. Being a real estate agent goes beyond buying and selling properties; it requires a unique blend of values and behaviors to thrive in a competitive market.So, do you have what it takes to be a real estate agent? Let's delve into the essential values and behaviors that serve as a guide in this dynamic industry.1. Passion for People and Properties.Successful real estate agents are driven by a genuine passion for helping people achieve their homeownership dreams. They thrive on building relationships, understanding clients' needs, and matching them with the perfect property. A love for architecture, design, and the unique stories behind each home adds depth to their passion.2. Exceptional Communication Skills.Effective communication is the cornerstone of any real estate transaction. F
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 192336
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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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