1 bedroom Apartment for rent in Munyonyo Kampala Uganda, code: 160377
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Munyonyo 1 bedroom apartment for rent at 1.3M self contained with ample parking space next to main
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🏚️Balcony
🚪Built in wardrobes
📡Cable TV
💠Paved compound
🏞️Specious compound
🏫Tiled roof
🚧Wall fence
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100+ RELATED PROPERTIES
(Related by price or location or district or status or type) |
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WITH TOO MANY AGENTS SELLING THE SAME PROPERTIES, HOW DO YOU NAVIGATE A SELLER'S MARKET.
In a seller's market, where demand for properties in a specific location exceeds supply, multiple agents may represent the same property in hopes of securing a commission. While this may seem like a win for the seller, it can lead to confusion and frustration for potential buyers who are inundated with offers and approached by multiple agents.
In this blog, Let's explore the challenges that arise when too many agents are marketing the same properties in a seller's market, and also offer insights into how buyers and sellers can navigate this complex real estate landscape.
A seller's market occurs when there is high demand for properties but a limited supply available for sale. This situation is particularly prevalent in certain areas of Kampala, such as the upscale neighborhoods of Kololo, Naguru, Nakasero, Ntinda and lower level neighborhoods including most parts of western Kampala (Rubaga division).
In these areas, there are few listings available for sale,
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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 TO GÈT A FREE REAL ESTATE WEBSITE IN UGANDA.
In today's digital age, having a strong online presence is crucial for businesses in every industry, including real estate. A website serves as a valuable tool to showcase properties and attract potential clients. If you're a real estate agent or developer in Uganda looking for a free website to boost your online visibility, there's a simple solution available.
By joining the Real Estate Database (RED) at www.RealEstateDatabase.net, you can obtain a free website as part of the annual subscription package. In this blog post, we will explore how you can acquire a free real estate website in Uganda through the RED and its associated benefits.
Join the Real Estate Database (RED): To access a free real estate website, start by joining the Real Estate Database (RED). The RED offers an annual subscription package that includes a website for your real estate business. By becoming a member, you not only gain a free website but also enjoy the numerous advantages associated with being par
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EMPOWERING WOMEN REALTORS THROUGH THE REAL ESTATE DÁTABASE (RED).
The real estate industry has historically been male-dominated, but there has been a shift in recent years with more women entering the industry. However, despite this progress, women realtors still face a variety of challenges, including limited access to technology and resources needed to grow their businesses. To address this issue, the Real Estate Database (RED) has taken the initiative to empower women realtors and bridge the digital gap in the industry.
All women realtors in Uganda will receive a 50% discount on property listing subscriptions for the RED. The goal is to empower women realtors to take advantage of the internet and related technologies to market properties and grow their businesses.
One of the benefits is providing women with answers to questions regarding online marketing. Many women realtors may not have access to the knowledge or resources necessary to market their properties online. With this initiative, they can learn tips and tricks for using social media
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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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WHY THE RED, DESPITE ITS CHALLENGES, REMAINS YOUR BEST PROPERTY LISTINGS PLATFORM IN UGANDA.
Having access to accurate and up-to-date property listings is crucial for both buyers and sellers in the fast-paced world of real estate. In Uganda, despite the inherent challenges of an unregulated market, the Real Estate Database (RED) has over several years emerged as the best option in the property listings market. While it may have its challenges too, RED still remains the top property listings platform for: Agents Brokers Realtors and Developers in Uganda, and in this blog, we'll explore why.
1. Extensive Coverage.One of the key strengths of RED is its extensive coverage of properties across Uganda. Whether you're looking for a residential house in Kampala or a commercial space in Jinja, RED has listings from most prime locations within the country unlike any other. This wide coverage ensures that potential buyers and sellers have access to a diverse range of properties, increasing their chances of finding the right match.2. User-Friendly Interface.RED boasts a user-friendly and
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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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PROPTECH AND FINTECH ARE LEADING THE XTECH REVOLUTION IN UGANDA.
A technological revolution is sweeping through traditional industries in Uganda, fundamentally transforming how businesses operate and interact with their customers. At the forefront of this transformation are PropTech and FinTech, two technologies that have not only redefined their respective industries but have also set the stage for the broader XTech movement across the country. The Emergence of PropTech: Pioneering the XTech Movement.PropTech, or Property Technology, was the first of the XTechs to emerge in Uganda with the launch of the Real Estate Database (RED), marking the beginning of a new era for the real estate industry. Traditionally, real estate marketing was often characterized by lengthy paper-based processes, and limited access to information. However, PropTech has revolutionized this landscape over the last several years by introducing additional digital platforms like Lamudi Uganda and Realtor Uganda which streamline property search, enhance transparency, and pr
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WHO PAYS THE REAL ESTATE AGENT'S COMMISSION WHÈN YOU BUY OR SELL A HOME?
When buying or selling a home, one of the questions that may come to mind is who pays the real estate agent's commission. The answer is not always straightforward, as it can vary depending on the circumstances of the transaction. In this article, we will explore the different scenarios in which the commission is paid and who is responsible for it.
The role of real estate agents in a transaction
Before we delve into who pays the commission, it's important to understand the role of real estate agents in a transaction. Real estate agents act as intermediaries between buyers and sellers, helping both parties navigate the complex process of buying or selling a home. They provide valuable services such as marketing the property, scheduling and hosting open houses, negotiating offers, and handling the paperwork involved in a sale.
In exchange for these services, real estate agents receive a commission, which is a percentage of the sale price of the property. The commission is typic
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ENTER YOUR DETAILS BELOW AND BONNY WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 160377
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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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