5 bedroom Storeyed house for sale in Munyonyo Kampala Uganda, code: 198484
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This traditional home in Munyonyo Kigo, located within the bustling city of Kampala, Uganda, exudes timeless charm and elegance. Boasting 5 spacious bedrooms and 5 well-appointed bathrooms, this property offers ample space for a growing family or those who love to entertain guests. The house sits on a generous 20-decimal plot, providing plenty of room for outdoor activities and landscaping. With a private Milo land title, buyers can have peace of mind knowing they have a secure and legal ownership of the property.
Nestled in a desirable and cooperative neighborhood, this house is perfect for those seeking a peaceful and friendly community. The surrounding area offers a variety of amenities, including shops, restaurants, and schools, making it an ideal location for families with children. The house itself has a classic design, featuring a timeless exterior and a well-maintained interior. The spacious layout provides plenty of natural light and a warm, welcoming atmosphere.
This stunning house is perfect for those who appreciate traditional architecture with modern conveniences. The reduced price of Usd 320,000 USD (originally listed at Usd 400,000 USD) makes it an excellent investment opportunity for those looking to own a piece of prime real estate in Kampala. Don't miss the chance to make this beautiful house your new home. Contact us today to schedule a viewing and experience the charm and character of this classic house for yourself.
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100+ RELATED PROPERTIES
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WITH TOO MANY AGENTS SELLING THE SAME PROPERTIES, HOW DO YOU NAVIGATE A SELLER'S MARKET.
In a seller's market, where demand for properties in a specific location exceeds supply, multiple agents may represent the same property in hopes of securing a commission. While this may seem like a win for the seller, it can lead to confusion and frustration for potential buyers who are inundated with offers and approached by multiple agents.
In this blog, Let's explore the challenges that arise when too many agents are marketing the same properties in a seller's market, and also offer insights into how buyers and sellers can navigate this complex real estate landscape.
A seller's market occurs when there is high demand for properties but a limited supply available for sale. This situation is particularly prevalent in certain areas of Kampala, such as the upscale neighborhoods of Kololo, Naguru, Nakasero, Ntinda and lower level neighborhoods including most parts of western Kampala (Rubaga division).
In these areas, there are few listings available for sale,
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THINGS TO LOOK OUT FOR WHILE BUYING A PLOT OF LAND.
Investing in a plot of land is an exciting endeavor, whether you plan to build your dream home, start a business, or make a long-term investment. However, purchasing a plot requires careful consideration and thorough evaluation to ensure you make an informed decision. To assist you in this process, we have compiled a list of essential factors to look out for when buying a plot. By paying attention to these key aspects, you can make a smart investment that aligns with your goals and provides a solid foundation for your future plans.
Location, Location, Location: The location of a plot plays a crucial role in its value and potential uses. Consider proximity to essential amenities such as schools, hospitals, shopping centers, and transportation links. Access to major roads and highways can significantly impact convenience and property value. Additionally, research the neighborhood's growth potential, future development plans, and zoning regulations to ensure compatibility with your
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JOIN ME NOW FOR AN EXITING GUIDED SHOWING OF THIS LUXURY PROPERTY.
Welcome, and thank you so much for joining me today! I am thrilled to guide you through this exquisite luxury property. Right now, we are standing at the grand entrance of your potential new home.
This here is the main entrance, and as you can see, it has double doors with handles made of silver. It sets the tone for the opulence that awaits you inside. Now, let's step into the corridor. Notice the plush wall-to-wall carpet beneath your feet; it's a touch of luxury that welcomes you as you enter.As we get to the end of this corridor, I'm excited to show you the heart of this home which is the magnificent sitting room. This here is the sitting room, spanning an impressive 8 meters by 10 meters. Imagine the possibilities! It can easily accommodate two sets of elegant sofas, creating the perfect space for entertaining guests or enjoying cozy evenings with your loved ones.Next, we are going to explore the kitchen, its a culinary haven that will surely captivate you. Follow me as w
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I WOULD LIKE TO JOIN REAL ESTATE, WHÈRE DO I START?
The real estate industry is expansive, offering a variety of avenues for newcomers to explore and invest in. Starting your journey in this industry presents multiple pathways, each with its own set of opportunities and challenges.
Whether you're interested in buying and selling properties, managing rentals, or investing in developments, there’s a specific niche that suits your interests. This guide is designed to help you navigate and discover the different facets of the real estate world. 1. Real Estate Agency / Brokerage.
Starting as a real estate agent (or broker, or realtor) is one of the most common entry points into the real estate industry, largely due to its low cost of entry and the extensive exposure it offers. As a real estate agent, you will assist clients in buying, selling, or renting properties, earning commission on each successful transaction.To become a real estate agent in Uganda, you typically need to gather properties (commonly known as listings) fo
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WHICH ONES ARE THE MOST SECURE NEIGHBORHOODS IN KAMPALA.
In the fast growing city of Kampala, finding a safe and secure neighborhood to call home is a top priority for residents and newcomers alike. With a growing population and diverse communities, it's essential to navigate the city's various districts to identify the areas known for their safety and security. In this guide, we'll explore some of the most secure neighborhoods in Kampala, offering insights into what makes them stand out and why they are preferred by many residents. 1. Nakasero.Nakasero is often considered one of the safest and most upscale neighborhoods in Kampala. Located in the heart of the city, it is home to many government offices, diplomatic missions, and high end residential properties. The area is well patrolled by security personnel, and its well maintained streets and infrastructure contribute to its overall safety. Nakasero is surrounded by a range of city center amenities, including shopping malls, restaurants, and recreational facilities, making it an attractiv
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HOW TO START A REAL ESTATE AGENCY BUSINESS IN UGANDA
Starting a real estate agency business in Uganda can be a rewarding and profitable venture, as there is a high demand for property and rental services in the country. However, starting a real estate business requires careful planning, market research, and a thorough understanding of the industry and local regulations. Here are some steps to help you get started on your real estate agency business in Uganda:Research the market: Before starting your business, it's important to research the real estate market in Uganda, including the demand for rental and property services, the competition, and the most popular areas for investment.Develop a business plan: A comprehensive business plan will help you outline your goals, strategy, and financial projections. It will also help you secure funding, if needed, and attract potential investors as well as outline how you plan to run your business.Register your business: You will need to register your business with the Registrar of Companies in Ugan
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THE DEPARTMENT OF LAND REGISTRATION (MLHUD) AND SERVICES OFFERED.
The Department of Land Registration plays a pivotal role in the management and administration of land in Uganda. It is responsible for the issuance of certificates of titles, general conveyance, and maintaining the national land register. The department also coordinates, inspects, monitors, and provides technical support to local governments regarding land registration and acquisition processes. Below is a detailed overview of the services provided by the department, including standard processing times, costs, and statutory periods for notice.
Services Offered.
Conduct a Physical/Personal Search on Registered Land.
Standard Time: 1 working day.
Cost: UGX 10,000 per search.
Statutory Period for Notice: Not applicable.
Issue a Search Letter.
Standard Time: 2 working days.
Cost: UGX 10,000 per letter issued.
Statutory Period for Notice: Not applicable.
Register Transfers on Certificate of Title.
Standard Time: 5 working days.
Costs:
Stamp duty: 1% of the lan
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WHO PAYS THE REAL ESTATE AGENT'S COMMISSION WHÈN YOU BUY OR SELL A HOME?
When buying or selling a home, one of the questions that may come to mind is who pays the real estate agent's commission. The answer is not always straightforward, as it can vary depending on the circumstances of the transaction. In this article, we will explore the different scenarios in which the commission is paid and who is responsible for it.
The role of real estate agents in a transaction
Before we delve into who pays the commission, it's important to understand the role of real estate agents in a transaction. Real estate agents act as intermediaries between buyers and sellers, helping both parties navigate the complex process of buying or selling a home. They provide valuable services such as marketing the property, scheduling and hosting open houses, negotiating offers, and handling the paperwork involved in a sale.
In exchange for these services, real estate agents receive a commission, which is a percentage of the sale price of the property. The commission is typic
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UGANDAN REAL ESTATE MARKET MID YEAR 2024 REVIEW AND FUTURE OUTLOOK.
First Half of the Year 2024 Review.
The Ugandan real estate market has experienced a dynamic first half of the year 2024, marked by several significant trends and developments. The sector has shown resilience and adaptability in the face of both local and global challenges. Here are some key highlights.
Steady Demand for Residential Properties.
The demand for residential properties, particularly in urban areas like Kampala, Entebbe, and Jinja, has remained robust. Factors contributing to this steady demand include urbanization, a growing middle class, and a youthful population seeking homeownership.
Commercial Real Estate Dynamics.
The commercial real estate sector, including office spaces and retail outlets, has witnessed mixed performance. While there has been a resurgence in demand for retail spaces as the economy recovers from the pandemic's impact, the office space segment is still adjusting to the hybrid work model adopted by many companies.
Impact of Infrastructure Develop
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ENTER YOUR DETAILS BELOW AND IVAN WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 198484
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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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