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Residential Land
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🔥Great investment opportunity!
Plot for sale
Located in Muyenga, close to Hotel diplomat.
Size is 30decimals with a ready private mailo title.
Can do condo apartments for sale, town houses or a single private residence.
Asking price is 850M, slightly negotiable.
Landlord Code LL-0085
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58 RELATED PROPERTIES
(Related by price or location or district or status or type) |
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UGANDA BUDGÈT 2024/25: WHAT DOES IT MEAN FOR REAL ESTATE?
The Ugandan government recently unveiled its budget for the 2024/25 fiscal year, outlining plans to accelerate economic growth. While the budget doesn't directly target real estate as a whole, some key areas could indirectly impact the sector. Let's break down what this means for you.
Focus on Growth.
The budget prioritizes economic expansion, aiming for GDP to reach Shs 225.5 trillion (USD 60 billion). This growth is projected to be driven by increased activity in the oil and gas sector, with first oil production expected in FY2025/26.
Impact on Real Estate.
A growing economy often translates to a rise in demand for housing, particularly in commercial sectors. This could benefit developers building offices and apartments in areas with projected job growth. Additionally, increased government spending could lead to infrastructure improvements, making certain locations more attractive for real estate development.
Affordability Concerns Remain.
The budget does not explicitly add
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🇺🇬 HOW UGANDA’S REAL ESTATE MARKET HAS TRANSFORMED SINCE INDEPÈNDENCE.
Since gaining independence in 1962, Uganda has undergone significant transformations across various sectors, with real estate being one of the most remarkable areas of growth. The journey from a colonial past, characterized by land ownership challenges and limited urban infrastructure, to a dynamic and evolving real estate market has been both complex and inspiring. Let's explore the major milestones, developments, and trends that have shaped Uganda's real estate market since independence. Colonial Legacy and Land Ownership.At the time of independence, land ownership in Uganda was heavily influenced by colonial laws and practices. The introduction of the 1900 Buganda Agreement and subsequent land acts created a dual land ownership system, with land divided between mailo (freehold) and leasehold tenures. These early systems often favored colonial settlers and elites, leaving the majority of Ugandans with limited access to land ownership.Independence marked the beginning of significant r
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