1 bedroom Rental units for sale in Namugongo Wakiso Uganda, code: 197487
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Located in the bustling area of Namugongo on Sonde road within the vibrant district of Wakiso, this property offers a lucrative investment opportunity. Consisting of 5 well-maintained units, each equipped with 1 bedroom and 1 bathroom, these rental units promise a monthly income of 2.250m. The property is up for sale at an affordable price of 350,000,000 Shillings and boasts a Mailo Land tenure with a size of 11 Decimals. With its prime location and high rental demand, this property is a smart choice for any savvy investor looking to expand their portfolio. Don't miss out on the chance to own this profitable property in the heart of Namugongo Sonde.
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92 RELATED PROPERTIES
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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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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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HOW TO REPLACE A LOST LAND TITLE DEED IN UGANDA.
Land ownership is a critical aspect in Uganda, and land title deeds serve as official documents that provide proof of ownership. Losing a land title deed can be a distressing experience, as it raises concerns about potential disputes and legal complications. However, it's important to remember that there are processes in place to replace lost land title deeds in Uganda. In this blog, we will guide you through the steps involved in replacing a lost land title deed, ensuring that you can regain the legal documentation of your property.
Stay Calm and Act Promptly: Losing a land title deed can be overwhelming, but it's important to remain calm and take immediate action. The sooner you begin the process of replacing the lost deed, the better. Avoid unnecessary delays, as they can lead to additional complications and potential disputes.
Lodge a Police Report: As soon as you realize that your land title deed is lost, visit the nearest police station to file a report. Provide all t
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OPPORTUNITIES FOR WOMEN IN REAL ESTATE.
In recent years, Uganda has experienced significant growth in its real estate sector, presenting a myriad of opportunities for both seasoned professionals and newcomers alike. While traditionally a male-dominated industry, the tide is turning, and women are increasingly finding their place in Uganda's real estate landscape. In this blog post, we will explore the diverse opportunities available for women in the country's real estate sector and shed light on the inspiring women who have made their mark in this dynamic industry.1. Real Estate Entrepreneurship:One of the most exciting opportunities for women in Uganda's real estate sector is entrepreneurship. The country's growing urbanization and demand for housing and commercial spaces create a fertile ground for women to establish their real estate ventures. Whether it's property development, real estate consultancy, or property management, women can leverage their skills and creativity to build successful businesses.2. Property Develop
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A CONDOPARTMENT, WHATS EXACTLY IS IT?
The world of real estate is constantly evolving, and with it comes new terminologies and concepts that reflect the changing landscape of housing. One such term, "Condopartment," has recently emerged as a unique and innovative housing solution that represents the fusion of condos and apartments in Real Estate.
Created by the Real Estate Database (RED), the term Condopartment is a hybrid concept that combines the features of a condominium and an apartment. In this blog, we will delve into the fascinating world of Condopartments, exploring what they are, why they're gaining popularity, and how they are reshaping the real estate market.What is a Condopartment?A Condopartment is a relatively new term in the real estate industry that refers to a residential unit within a building originally designed as a condominium but rented out as an apartment. This concept takes the best of both worlds from condominiums and apartments, offering unique advantages to both landlords and tenants.1.
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WHAT KIND OF 3 BEDROOM HOUSE CAN YOU GÈT BETWEEN 100M AND 200M?
If you're on the hunt for a 3-bedroom house in Uganda with a budget ranging from UGX 100,000,000 to UGX 200,000,000, it's important to set realistic expectations about what kind of property you can secure in this price range. While it might not get you a luxurious home in the heart of Kampala, there are still many appealing options available outside the bustling city limits.
Location Matters
First things first, let's address the location. Given the budget constraints, it's likely that your prospective house will be situated outside the Kampala district. Housing within Kampala tends to come at a premium, making it challenging to find a suitable 3-bedroom home within this budget range. Instead, you can explore areas that are still developing, where land prices are more affordable.
Basic Land Size and House Type
A house within this budget range will probably be built on a standard land size of 100X50 feet or 12.5 decimals. You can anticipate a bungalow-style or apartment-type house
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SUSTAINABLE AND GREEN HOMES IN UGANDA, WHAT ARE THEY?
In recent years, sustainable and green homes have become increasingly popular worldwide as people become more conscious of their environmental impact and the need to conserve natural resources. Uganda, like many other countries, is also embracing sustainable living practices, with more people adopting eco-friendly home designs and technologies.
Sustainable homes are designed to be energy-efficient, environmentally friendly, and socially responsible. They aim to reduce the carbon footprint of the building and its occupants, reduce water usage, and minimize waste. In Uganda, sustainable homes take into account the local climate, available materials, and the local way of life.
One way of achieving sustainable homes in Uganda is through the use of renewable energy sources such as solar power. Solar power is an excellent alternative to conventional energy sources such as electricity and gas. It is a clean and renewable source of energy that reduces carbon emissions and is readily
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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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MORNING MARKET BRIEF - SATURDAY, DECEMBER 28, 2024
Introduction: Welcome to the Daily Morning Market Brief, your daily guide to the pulse of the Uganda's real estate market. Never begin your day without reading or listening to a Daily Morning Brief, Situation Report, Market Overview, or Status Report from the Real Estate Database (RED), or you risk missing crucial insights into the local real estate market. Overview: Uganda's real estate market is currently experiencing a period of steady growth. Properties in prime locations like Kampala, Entebbe, and Jinja are seeing an increase in demand. The market is driven by both local and foreign investors, attracted by the country's stable economy and growing population.Snapshot: Rental properties in urban areas like Kampala and Mbarara are in high demand. With the increasing urbanization, the need for both residential and commercial properties is on the rise. Update: New areas are emerging as real estate hotspots. Areas like Kira, Mukono, and Gulu are witnessing considerable development, sugg
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ENTER YOUR DETAILS BELOW AND DIXON WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 197487
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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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