2 bedroom Apartment for rent in Namugongo Wakiso Uganda, code: 139250
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Namugongo buto 600k two bedrooms and two bathrooms for rent self contained with ample parking space next to tarmac
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🏚️Balcony
🚪Built in wardrobes
📡Cable TV
🔆Ceiling fans
🔶Ceramic tiles
🚘Lots of parking
💠Paved compound
👮Security guards
🕳️Septic tank
🏞️Specious compound
🏫Tiled roof
🚧Wall fence
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QR CODE
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100+ RELATED PROPERTIES
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HOW TO BUY A HOUSE IN INSTALLMENTS IN UGANDA.
Purchasing a home represents a substantial financial commitment, and for numerous individuals in Uganda, paying the entire cost upfront can pose a formidable hurdle. Fortunately, there exist viable alternatives that can transform the aspiration of homeownership into a tangible reality.
One such avenue is the practice of acquiring a property through incremental payments, often referred to as "pay as you go" or "pay mpola mpola." In this article, we will delve into the intricacies of purchasing a property in Uganda through installment payments, providing you with essential insights to guide you through the process.
Determine Your Budget: The first step in buying a house in installments is to determine your budget. This will help you determine what type of property you can afford and what the monthly payment will be. It's also essential to have a clear understanding of your financial situation and any debts or obligations you may have.
Find a Reputable Developer or Real Estate
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HOW TO GÈT REFERRALS AS A REAL ESTATE AGENT.
As a real estate agent, referrals are an essential part of building your business. They not only help you to generate new leads but also provide social proof that can help to build your credibility and trust with potential clients. Here are some tips on how to get referrals as a real estate agent:
Provide excellent customer service
Providing excellent customer service is one of the most effective ways to get referrals. When you go above and beyond for your clients, they are more likely to recommend you to their friends and family. Make sure to communicate regularly, answer questions promptly, and provide personalized service to each client.
Ask for referrals
Don't be afraid to ask your clients for referrals. Let them know that you're actively looking for new business and would appreciate any recommendations they can provide. You may want to include a referral request in your email signature or on your business card.
Build a strong online presence
Building a st
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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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FAILING TO ACCURATELY ASSESS A BUYERS’ NEEDS DOES NOT MAKE THE BUYER UNSERIOUS.
As a veteran in the real estate marketing space, I frequently encounter situations where potential buyers, leads, or referrals from the Real Estate Database (RED) were not properly followed up to closing. When I confront agents about these missed opportunities, I often hear excuses such as the lead or potential buyer "was unserious."
This response is frustrating and concerning to me because it implies a lack of effort and professionalism on the part of the agent. It's disheartening to have to repeatedly educate agents about the importance of treating all potential clients with equal respect and diligence, regardless of their perceived seriousness.
It's baffling to me how a potential buyer could come across a 400 million or 600 million property on the Real Estate Database (RED), express interest through an inquiry, arrange for a tour of the property with a real estate agent, and often times even pay search fees, only for the agent to turn around and dismiss the lead as
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WHY ALL REAL ESTATE AGENTS MUST HAVE THE REAL ESTATE DÁTABASE MOBILE APP
Almost everyone in your (ka) small town is currently connected to the internet via his or her mobile phone, they are all increasingly using the phone to search or find or receive much of what they need, this trend is the same in towns across the country.
We live in a world that's seriously obsessed with smartphones, tablets, and overall screen time. And that’s exactly where the Real Estate Database App (RED App) comes into the picture.
The real estate market is highly competitive, and real estate agents need to stay ahead of the curve to be successful. With the increasing use of technology in the industry, real estate agents have access to a wide range of tools to help them market their properties effectively.
One such tool that has become increasingly important is the real estate database app. In this article, we will explore the reasons why all real estate agents need this RED app to market their properties and also to keep up to date with the latest listings and infor
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HOW TO EVICT A TENANT IN ACCORDANCE WITH THE LANDLORD AND TENANT ACT 2022.
Renting out property comes with its challenges, and there may be situations where a landlord needs to terminate a tenancy. However, it's crucial to adhere to the legal procedures outlined in The Landlord and Tenant Act 2022 to ensure a smooth and lawful eviction process. This blog aims to guide landlords through the legal steps involved in evicting a tenant in compliance with the Act.1. Vacation of Premises on Termination of Tenancy.When terminating a tenancy in accordance with The Landlord and Tenant Act 2022, it is essential for the landlord to provide the tenant with a notice of termination. This notice should specify the date by which the tenant is required to vacate the premises. The tenant must adhere to this specified date, or any other date mentioned for vacation in the notice.2. Unlawful Eviction of Tenant.The Landlord and Tenant Act 2022 strictly prohibits landlords from evicting tenants outside the provisions of the Act or the terms of the tenancy agreement. Any attempt to f
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WHAT EXACTLY IS THE RELATIONSHIP BETWEEN INTEREST RATES AND REAL ESTATE?
Understanding the dynamics between interest rates and real estate is crucial for investors, homebuyers, and anyone interested in the housing market. Interest rates have a significant impact on various aspects of real estate, influencing everything from mortgage costs to property values. Here’s a closer look at how interest rates affect the real estate market and the broader implications for buyers and investors. The Basics of Interest Rates.Interest rates represent the cost of borrowing money. They are determined by a variety of factors, including inflation, economic growth, and monetary policy set by central banks. When interest rates are low, borrowing becomes cheaper, which generally encourages spending and investment. Conversely, higher interest rates increase borrowing costs, leading to decreased consumer spending and investment. 1. Impact on Mortgage Rates.One of the most direct ways interest rates influence real estate is through mortgage rates. Mortgage rates tend to rise
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THE SAME PROPERTY AT SEVERAL DIFFERENT PRICES, HOW DOES THAT HAPPEN?
When shopping for a property, it can be confusing to see the same property listed at several different prices. You might wonder how this could happen and if there is any benefit to you as a buyer. In this blog post, we'll explore the reasons why the same property might have multiple prices and what it means for you as a buyer.
Reasons for Different Prices of the Same Property
Pricing Strategy: One reason a property might have different prices is that the seller is using a pricing strategy. The seller may start with a higher price to test the market and see if there is any interest. If there is no interest, they may lower the price to attract potential buyers. Alternatively, they may start with a lower price to create a bidding war and drive up the final selling price without informing all the agents that are listing the same property.
Negotiations: Another reason for different prices of the same property is that negotiations may have taken place between the buyer and
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PROPERTIES OF THE WEEK.
Every week, the Real Estate Database (RED) brings you the finest properties on the market through its Properties Of The Week feature. This curated selection represents the best listings contributed by some of the top companies, professional agents, brokers, and realtors in the industry. Today, we shine a light on the outstanding contributors, highlight the featured locations, and reveal how you can join this elite group to elevate your property marketing strategy. Spotlight on Contributors.This week's Properties Of The Week come from some of the most reputable real estate companies, including: Alpha Homes Uganda , BAI PROPERTIES LTD , Bigways, Kololo Property Dealers, Mega Property Services, Posh Properties, Rentwide, Rise and Sumatra CC. These companies continue to set a high standard in the industry by showcasing properties that meet diverse client needs. Among the notable professionals who have listed properties are: Alson (Rentwide), David (Kololo Property Deal
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ENTER YOUR DETAILS BELOW AND BONNY WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 139250
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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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