Residential Land for sale in Namugongo Wakiso Uganda, code: 203047
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Residential Land
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Prominently located in the bustling area of Namugongo-Sonde, this commercial plot is a Good Deal 🤝 for anyone looking to invest in a thriving location. Measuring 22 decimals and titled, this prime piece of land is suitable for a variety of projects ranging from a Petro station ⛽ to a commercial building. The possibilities are endless with this property! With a price of 350,000,000 Shillings, this is a steal for a commercial plot in such a sought-after location. The land tenure is Mailo Land, ensuring a secure and hassle-free ownership experience. Along with its convenient location, this property also boasts amenities such as easy access to Namugongo road and close proximity to Wakiso District. Don't miss out on this opportunity to own a piece of land that has the potential to bring in high returns on your investment. Contact us now to secure this Residential Land for sale and start building your dream project today!
#NamugongoListings #Namugongo #ResidentialLandForSale #MailoLandListings #twentytwoDecimals #WakisoDistrictListings #Wakiso #Namugongoroad #ResidentialLand #PrimeInvestments @followers
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100+ RELATED PROPERTIES
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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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DO YOU QUALIFY FOR A MORTGAGE IN UGANDA?
Qualifying for a mortgage in Uganda can be a significant financial milestone for individuals looking to purchase property. However, it is important to understand the requirements and qualifications before applying for a mortgage. Here are some factors that lenders typically consider when determining whether an individual qualifies for a mortgage in Uganda:
Credit score: Your credit score is a key factor that lenders consider when determining whether you qualify for a mortgage. A credit score is a numerical value that represents your creditworthiness and indicates how likely you are to repay a loan. In Uganda, a credit score of at least 550 is typically required to qualify for a mortgage.
Income: Lenders will also look at your income to determine whether you can afford to make mortgage payments. You will need to provide proof of income, such as pay stubs or tax returns, to show that you have a stable source of income.
Employment history: Your employment history is
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EXPLORING EVICTION ÁLTERNATIVES AND CREATING A COMPASSIONATE APPROACH TO HOUSING.
The issue of eviction has become a pressing concern in many parts of the world, especially in urban areas where housing costs are rising faster than income levels. Evictions can lead to severe consequences, including homelessness, economic instability, and detrimental impacts on mental and physical health. To address this pressing challenge, it is essential to explore alternatives to eviction that prioritize compassion, collaboration, and sustainable solutions for both tenants and landlords.
Rental Assistance Programs
Rental assistance programs have proven to be effective in preventing evictions and providing much-needed relief to struggling tenants. These programs can be funded by government agencies, nonprofit organizations, or even private initiatives. By offering financial aid directly to tenants or reimbursing landlords for unpaid rents, rental assistance programs can help bridge the gap between income limitations and rising housing costs.
Mediation and Negotiation
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UGANDA'S ONLINE LAND SEARCH PORTAL (UGNLIS): SIMPLIFYING LAND TRANSACTIONS.
The Ministry of Lands, Housing, and Urban Development launched the National Land Information System of Uganda (UgNLIS), a pivotal initiative in the National Development Plan. Since 2010, this system has revolutionized land management through the digitalization of land documents and the implementation of computerized systems.
This online search and verification portal allows you to instantly access information about a land title, including its authenticity and any associated transactions. Whether you are in Uganda or abroad, you can use the portal. You can access the Portal via https://ugnlis.mlhud.go.ug. Overview of the National Land Information System.The Public Portal of the National Land Information System provides users with comprehensive services, including access to information on Titles and Parcels in the National Land Information System Databases and tracking the progress of land transactions submitted to the Land Registry. This initiative is designed to offer instant
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THE BEST TIME TO BUY LAND IS 10 YEARS AGO, THE SECOND-BEST TIME IS RIGHT NOW, HERE’S WHY.
Investing in land has long been regarded as one of the safest and most lucrative ventures. The adage, "The best time to buy land is 10 years ago, the second-best time is right now," underscores the timeless value of land as an investment. While it highlights the missed opportunities of the past, it also emphasizes the potential of seizing the present moment.
In this blog, we'll explore why investing in land now is a wise decision and how you can benefit from this enduring investment. And, most importantly, why you won't regret your decision ten years from now. Historical Perspective. The Opportunity of a Decade Ago.Looking back, those who invested in land a decade ago have seen significant appreciation in value. This period saw lower prices and greater availability, making it an ideal time for investors. However, it's easy to lament missed opportunities when hindsight offers a clear view of the benefits. The key takeaway from this historical perspective is the consistent upwar
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ENTER YOUR DETAILS BELOW AND PRIME WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 203047
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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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