Residential Land for sale in Gayaza Wakiso Uganda, code: 216075
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Residential Land
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Experience the ultimate in luxury living with this prime estate plot located in the highly sought-after area of Gayaza on Gayaza road. This residential land for sale boasts a generous size of 27 decimals and comes with a private Milo land title, making it a highly desirable investment opportunity. Situated within Wakiso District, this property offers the perfect balance of tranquility and convenience, with easy access to nearby amenities and services. With a price of only 40,000,000 Shillings, this is an exceptional opportunity to own a piece of land on Mailo Land, one of the most secure and valuable land tenures in Uganda. The property also includes a range of amenities, making it the ideal location for building your dream home. Don't miss out on the chance to secure this fantastic estate plot, offering the perfect canvas to create your own personal oasis. Enquire now and make this prime estate plot in Gayaza your own.
#GayazaListings #Gayaza #ResidentialLandForSale #MailoLandListings #twentysevenDecimals #WakisoDistrictListings #Wakiso #Gayazaroad #ResidentialLand #SaamiaPropertyAgency @followers
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100+ RELATED PROPERTIES
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PROPERTY MANAGEMENT LINGO, A COMPREHENSIVE GUIDE.
The world of property management is filled with a multitude of terms and concepts that are essential to understand for anyone involved in managing properties. From legal and financial aspects to property types and regulations, familiarity with these terms is crucial for navigating the real estate industry.
This comprehensive glossary provides definitions for a wide range of terms, including abandonment, accumulated depreciation, amenities, eviction, lease, property management, tenant screening, and many more. Whether you are a homeowner, investor, landlord, tenant, or aspiring real estate professional, this glossary will serve as a valuable resource to enhance your understanding of the intricacies of property management.
Abandonment: The surrender or relinquishment of a real estate property, including a piece of land or a housing unit.
Accumulated Depreciation: The asset’s depreciation from the acquisition phase to the latest depreciation results in dollar amount.
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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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WHAT IS A LATE RENT NOTICE, AND WHÈN SHOULD YOU WRITE ONE?
As a property manager, it is your responsibility to ensure that rent is being paid on time. Late rent payments can cause a significant disruption to your cash flow, and it is important to address any issues promptly and professionally.
When a tenant fails to pay rent on time, one of the first steps you should take is to send a Late Rent Notice. This notice should inform the tenant of the outstanding balance, any late fees or penalties that may apply, and the deadline by which the tenant must pay the outstanding amount. The notice should also outline the consequences of failing to pay by the deadline.
Late Rent Notices are an important tool for property managers because they help to ensure that tenants are aware of their responsibilities and the consequences of failing to meet them. By sending a Late Rent Notice, you can demonstrate to the tenant that you take your responsibilities seriously and expect the same level of responsibility from them.
When writing a Late Rent Notic
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IT'S TIME TO EMBRACE EXCLUSIVE LISTINGS OVER OPÈN LISTINGS.
In a recent encounter with Shirley Kongai, the president of AREA Uganda, on LinkedIn, she made a post with the exact same title as this blog, which inspired me to write about the topic. I liked and supported her post on LinkedIn, despite the fact that such a stance conflicts with my open market, capitalistic ideology.
However, given the current chaos in our local real estate market added to the fact that too many agents are selling the same properties, it's clear that exclusive listings could help solve many of the duplication issues on the Real Estate Database (RED), which often lead to inconsistencies.
While the traditional model of open listings may offer flexibility, exclusive listings have several advantages that can lead to better outcomes. However, it's also essential to acknowledge the potential downsides. Let's explore why property owners in Uganda should consider embracing exclusive listings, while also understanding the challenges. What Are Exclusive L
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MORNING MARKET BRIEF - MONDAY, DECEMBER 23, 2024
Introduction: Welcome to your Daily Morning Market Brief, an extensive analysis of Uganda's real estate market. Here, we delve into the pulse and essence of the local property market. Miss this, and you miss the rhythm of Uganda's real estate heartbeat. From the bustling streets of Kampala to the serene surroundings of Jinja, we've got you covered. Overview: Uganda's real estate market is showing continuous progress. Housing projects are coming up in Mbarara and Gulu, while commercial buildings are taking shape in Kampala's Central Business District. Snapshot: The real estate market is reflecting a healthy mix of residential and commercial properties. Large-scale construction projects are visible in areas like Ntinda and Nakasero, showing a positive trajectory.Update: More investors are eyeing the market, with developers continuously launching new projects in areas such as Entebbe and Mengo. Trend: There is a growing demand for affordable housing in urban areas such as Kololo, sparking
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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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WHAT IS THE MINIMUM AMOUNT I SHOULD DEPOSIT FOR A HOUSE IN CASÈ AM TO PAY IN INSTALLMENTS?
When you embark on the exciting journey of buying your dream home, one of the critical financial considerations is the minimum down payment. Your down payment depends on several factors that can significantly impact your mortgage, monthly payments, and overall homeownership experience. In this blog post, we'll explore the factors that influence the minimum down payment and offer guidance on how to navigate this important step in the homebuying process.1. Down Payment Percentage.The first thing to understand is that the minimum down payment is typically calculated as a percentage of the home's purchase price. Commonly, this percentage is consistently emphasized to be at least 30%, as outlined in a USAID report titled "Improving Accessibility to Financial Housing Products for Uganda's Health Sector". However, it can vary depending on your specific situation and the type of mortgage you're pursuing. For instance, government-backed loan programs may allow for lower down payments, but they
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WHAT EXACTLY IS A QUICK SALE OR FORCED SALE, AND WHAT ARE THE ATTRIBUTES?
Quick sale and forced sale are both terms commonly used in the real estate industry to describe different types of property sales.
A quick sale refers to a situation where a property owner wants to sell their property quickly, often because they need the funds urgently or because they want to avoid a lengthy sales process. In a quick sale, the property is usually sold below its market value, and the transaction is completed quickly, often within a few days or weeks.
On the other hand, a forced sale is a type of sale where the property owner is compelled to sell their property due to external factors. These factors could include a court order, foreclosure, or bankruptcy. In a forced sale, the property may be sold at a lower price than its market value, and the sale is usually completed quickly to meet legal or financial obligations.
In both cases, the property is typically sold quickly, but the main difference is that a quick sale is voluntary, while a forced sale is of
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WHY YOU NEED THE LATEST VERSION OF THE REAL ESTATE DÁTABASE (RED) APP ON YOUR PHONE?
In today's digital age, there's an app for almost everything, and one of the most valuable Apps for anyone in Uganda's real estate industry is the Real Estate Database (RED) App. Currently available for Android devices, this app is essential for all serious agents, brokers, realtors, developers, investors, and buyers. However, simply downloading the app isn't enough, it's crucial to keep it updated to ensure the best experience. In this blog, let's explore why anyone interested in real estate should upgrade to the latest version of the Real Estate Database (RED) app on their Android device.
Why Update the RED App?Improved User Experience.
One of the most important reasons to update the RED app is to improve the user experience. Developers regularly release updates that fix bugs and add new features to the app. If you do not update the app, you may miss out on these improvements, which could make it harder to find the perfect property.Access to New Features.
As the real estat
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ENTER YOUR DETAILS BELOW AND BONNY WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 216075
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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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