Residential Land for sale in Namugongo Wakiso Uganda, code: 115113
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Residential Land
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Namugongo Nabusugwe hill plot of land for sale 50100 at 60m (4 plots remaining),well saturated in developed neighborhood
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100+ RELATED PROPERTIES
(Related by price or location or district or status or type) |
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MORNING MARKET BRIEF - WEDNESDAY, DECEMBER 25, 2024
Introduction: Welcome to your indispensable Daily Morning Market Brief, your key to understanding Uganda's vibrant real estate market. This Situation Report offers an in-depth Market Overview, providing you with a vital Status Report to start your day. Never begin your morning without this comprehensive view from the Real Estate Database (RED), or you may risk missing the pulse of the local market dynamics.Overview: Uganda's real estate market is currently experiencing a period of sustained growth. Major cities like Kampala, Entebbe, and Jinja are seeing increased demand. New developments are sprouting up in neighborhoods such as Kololo, Nakasero, and Ntinda, indicating a buoyant market.Snapshot: The market is characterised by a rising demand for both residential and commercial properties. Kampala's outskirts like Wakiso and Mukono are attracting attention because of their affordability and proximity to the city centre. Update: The government is investing heavily in infrastructure, whi
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REAL ESTATE AGENT’S GUIDE TO MAKING A GOOD FIRST IMPRESSION.
First impressions are everything in the world of real estate. Whether you're meeting a potential client for the first time or showing a property, the way you present yourself can make or break a deal. A good first impression can set the tone for a successful and productive working relationship. Here's a comprehensive guide for real estate agents on how to make a positive first impression:1. Dress Professionally.Your appearance is the first thing people notice about you. Dressing professionally is a must for real estate agents. Opt for business attire that's clean, well-fitted, and appropriate for the occasion. For first meetings, consider wearing a suit or a professional dress. Dressing well not only shows respect for your clients but also conveys your professionalism and attention to detail.2. Be Punctual.Arriving on time is a simple yet crucial aspect of making a good first impression. Whether it's a meeting with clients or a property showing, being punctual demonstrates your reliabi
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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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HOW MUCH MONEY DO REAL ESTATE AGENTS MAKE?
Real estate is a dynamic and potentially lucrative industry, with real estate agents serving as intermediaries between buyers and sellers. If you've ever considered a career in real estate, you might wonder just how much money real estate agents make. In this blog, we'll explore the various factors that influence real estate agent earnings and provide insight into the potential income in this field.1. Commission Structure.One of the primary ways real estate agents earn money is through commissions. These commissions are typically a percentage of the sale price of a property. The lowest and highest recorded commission rates are in the range of 3% to 10% of the property's sale price, which may then be split between the listing agent (the agent representing the seller) and the buyer's agent (the agent representing the buyer). This means that an agent's income is directly tied to the property's value.2. Experience Matters.The real estate industry rewards experience. Novice agents may start
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COMMON TENANCY AGREEMENT MISTAKES AND HOW TO AVOID THEM.
Renting a property is an important milestone for both tenants and landlords. It's a symbiotic relationship that relies heavily on clear communication and well-drafted agreements. However, in the excitement of securing a place or finding a tenant, many people make mistakes in the tenancy agreement that can lead to misunderstandings, conflicts, or even legal issues down the road. In this blog, we'll explore some of the common tenancy agreement mistakes and provide insights on how to avoid them.
Ignoring the Written Agreement: Verbal agreements might seem convenient, but they leave room for misinterpretation and disputes. A written tenancy agreement is crucial as it outlines the terms and conditions clearly, leaving no room for ambiguity. Always insist on a written agreement, no matter how well you know the other party.
Inadequate Research: Tenancy laws and regulations can vary significantly from one jurisdiction to another. Failing to research and understand the legal framework appli
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SOME INTERESTING PROPERTY STATS IN UGANDA.
Uganda, known as the "Pearl of Africa," is a landlocked country located in East Africa. With a population of over 44 million people, Uganda is one of the most populated countries in Africa. Despite being a relatively small country, Uganda has a diverse real estate market, with properties ranging from modern apartments in the city centers to traditional rural homes.
In this blog, we will explore some interesting property stats in Uganda.
Property prices
The average property prices in Uganda vary greatly depending on the location and type of property. The most expensive properties are located in the city centers, with apartments costing between UGX 500 million to UGX 1 billion ($135,000 to $270,000). Houses in the city centers can range from UGX 800 million to UGX 2 billion ($217,000 to $540,000).
On the other hand, properties in rural areas tend to be more affordable, with a two-bedroom house costing between UGX 50 million to UGX 150 million ($13,500 to $40,500). Land pr
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WHAT WILL THE CITY OF KAMPALA LOOK LIKE IN THE YEAR 2030?
As the sun rises on the first of January 2030, we stand on the brink of a new decade, the cityscape of Kampala, the vibrant capital of Uganda, like any other city is poised for a transformation that could reshape its skyline, infrastructure, and quality of life.
The year 2030 is not so far away from today, however, anticipating the future of Kampala involves envisioning a city that not only addresses current challenges but also embraces innovation, sustainability, and inclusivity. In this blog, we will explore the potential developments that could shape the face of Kampala in the year 2030.1. Smart Infrastructure and Technology Integration.Kampala is likely to witness a surge in smart infrastructure and technology integration. With advancements in urban planning, the city may adopt smart grids, intelligent traffic management systems, and integrated public transportation networks. This shift towards technology will not only enhance efficiency but also contribute to a more
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HOW DO YOU START FRÓM A NOVICE TO AN INVESTOR AND MAKE MONEY IN REAL ESTATE?
Real estate has long been considered one of the most reliable paths to wealth. The idea of earning money through property investments appeals to many, but the journey from novice to successful investor requires knowledge, planning, and perseverance. Here’s a step-by-step guide on how to make that transition and achieve financial success in real estate.
1. Educate Yourself: Build a Solid Foundation.Before diving into real estate, it's crucial to educate yourself on the basics. Read books, attend seminars, and follow industry experts online. Understand the different types of real estate investments—residential, commercial, industrial, and land—and learn about concepts like ROI, cash flow, appreciation, and market cycles. The more you know, the better equipped you'll be to make informed decisions. 2. Start Small: Invest in Your First Property.Begin with a small investment, such as purchasing a single-family home or a small rental property. This initial step allows you t
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LOCATIONS AROUND KAMPALA WITH THE BEST INFRASTRUCTURE FOR REAL ESTATE DEVELOPMENT.
When it comes to real estate development, infrastructure is one of the most crucial factors that can make or break an investment. In Kampala, Uganda's bustling capital, certain locations stand out for their robust infrastructure, making them prime areas for real estate development. Here’s a look at the top locations around Kampala with the best infrastructure and why they are ideal for real estate investment. 1. Kololo.Kololo is one of Kampala's most prestigious neighborhoods, known for its well-established infrastructure. The area boasts well-paved roads, reliable electricity, and water supply, making it highly attractive for both residential and commercial developments. The presence of international schools, hospitals, and embassies adds to its allure, making it a preferred choice for expatriates and high-net-worth individuals. 2. Naguru.Naguru is another prime location with top-notch infrastructure. The area has seen significant development over the years, with modern roads, e
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ENTER YOUR DETAILS BELOW AND BONNY WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 115113
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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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