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Residential Land
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12 decimals plot on sale.It is located at Sonde Namwezi Mukono district in a good neighborhood favoring residential.Selling price is 60mugx.
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49 RELATED PROPERTIES
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UNDERSTANDING THE LAND TENURE IN UGANDA AND ITS IMPACT ON REAL ESTATE OWNERSHIP
Uganda is a country with a complex land tenure system, which has significant impacts on real estate ownership. The system is a result of a mix of different land tenure systems inherited from Uganda's colonial past, which have evolved and adapted to the country's changing political, social, and economic circumstances. In this blog, we will examine the different types of land tenure in Uganda and their impact on real estate ownership.
Mailo Land: Mailo land is a type of land tenure system that was introduced in Uganda during the colonial period. It is prevalent in central Uganda, where it covers about 30% of the land area. Mailo land is a freehold system where the land is owned by individuals or families who have the right to use, sell, or lease it. However, the landowners only have ownership rights to the surface of the land, as the government retains ownership of the minerals and subsoil.
The main challenge with the Mailo land system is that it has led to fragmented landowner
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BUILD YOUR SHOPPING CENTER ON THE LEFT SIDE OF THE ROAD LEADING OUT OF THE CITY CENTER.
In the world of retail development, location is more than just a buzzword; it's a critical factor that determines the success or failure of your shopping center, retail outlet, or mall. For developers and investors, understanding the nuances of consumer behavior and local infrastructure is non-negotiable. One key insight that has surfaced time and again is the importance of choosing the right side of the road for your development. Specifically, when building a retail center outside a city, it's advisable to position it on the left side of the road leading outwards. This strategy aligns with how people shop, especially in Uganda, where the majority of shoppers buy groceries and daily essentials on their way back home from work in the city center. The Psychology Behind the Left Side Advantage.In Uganda, like in many countries where driving is on the left, the flow of traffic dictates the convenience of access. During evening commutes, when most people remember to pick up groceries, shopp
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DOES AFFORDABLE MEAN CHEAP, OR DOES CHEAP MEAN AFFORDABLE?
In real estate, terms like "affordable" and "cheap" are often used interchangeably, yet they hold distinct meanings that shape buyers' expectations and perceptions. If you've ever wondered, "Does affordable mean cheap, or does cheap mean affordable?" you're not alone. Let's take a deep dive into what these terms mean, especially in the context of property buying, and how they might impact your next big purchase. Additionally, we will explore a full list of several real life examples of both cheap properties and then affordable properties that fit within your current budget. Understanding "Affordable" vs. "Cheap".Affordable: Affordability is highly subjective and hinges on individual financial capacity. In real estate, "affordable" refers to properties that buyers find reasonable in price based on their income, financial goals, and the market context. For example, an affordable home for a young professional might be in a thriving suburb, close to their office, and within budget, yet not
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AGENTS ABANDONING THE PRACTICE OF TOPPING PROPERTY PRICES WITH COMMISSION.
Several years ago, when I first ventured into the Ugandan real estate market, a common practice among real estate agents was to top-up property prices with their commission. This practice resulted in each agent having their own price for the same property. Back then, it seemed like a normal part of doing business, as landlords were often unwilling to pay commissions on their quoted prices.
Agents resorted to topping-up property prices in order to secure their commissions, and the more they added, the more they earned. However, this practice had its downsides, including the hardening of landlords' hearts, locally known as "Okuzimba Omutima." As a proponent of capitalism and a believer in free market economics, I initially saw no issue with agents topping up prices. Buyers willingly paid the quoted price, and yet they had plenty of options to choose from. Moreover, topping-up property prices was not illegal.
However, times have changed, and this practice has become incr
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ENTER YOUR DETAILS BELOW AND PRIME WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 131709
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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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