Residential Land for sale in Matugga Kampala Uganda, code: 174243
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Residential Land
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Cheap Plots On Sale in #Matuga_.. Kavule at only #15m Per Plot with Ready private mailo titles just very accessible from the taxi stage. More info. WhatsApp Call
0770829865
0702805935
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100+ RELATED PROPERTIES
(Related by price or location or district or status or type) |
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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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IF THE HOUSES YOU ARE LOOKING AT ARE VERY EXPENSIVE, YOU ARE LOOKING IN THE WRONG LOCATIONS
If you find yourself browsing property listings in the Real Estate Database that seem excessively expensive (or surprisingly cheap), you may be searching in the wrong locations. Avoid looking for houses or land in areas like Naguru, Kololo, Nakasero, Mbuya, or Bugoloobi if your budget aligns more with locations like Kasokoso, Bulindo, Gayaza, or Namavundu.It’s true that many buyers prefer homes closer to the city center to be near their workplace. However, the closer you get to the city, the higher the property prices become. Several property listing platforms, such as RealEstateDatabase.net or Lamudi.co.ug or Realtor.ug, feature thousands of properties across various locations, allowing you to find something that fits your current budget.If your budget is a limiting factor in your property search, focus on areas where your budget is more likely to match the property prices. If you're unsure where to look, use the price range search filters on platforms like the Real Estate Datab
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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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UGANDA'S ONLINE LAND SEARCH PORTAL (UGNLIS): SIMPLIFYING LAND TRANSACTIONS.
The Ministry of Lands, Housing, and Urban Development launched the National Land Information System of Uganda (UgNLIS), a pivotal initiative in the National Development Plan. Since 2010, this system has revolutionized land management through the digitalization of land documents and the implementation of computerized systems.
This online search and verification portal allows you to instantly access information about a land title, including its authenticity and any associated transactions. Whether you are in Uganda or abroad, you can use the portal. You can access the Portal via https://ugnlis.mlhud.go.ug. Overview of the National Land Information System.The Public Portal of the National Land Information System provides users with comprehensive services, including access to information on Titles and Parcels in the National Land Information System Databases and tracking the progress of land transactions submitted to the Land Registry. This initiative is designed to offer instant
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REGULATION OF REAL ESTATE PRACTICE IN UGANDA: WHAT DOES THE LAW SAY?.
The regulation of real estate practice in Uganda is currently in a transitional phase, with several key stakeholders and associations working towards establishing a more organized and professional framework for the industry. The effort is driven by the need to enhance professionalism, protect practitioners, and provide better services to clients. This blog therfore provides an overview of the vibrant discussions among key real estate practitioners on various platforms regarding this topic. Key Stakeholders.1. Surveyors Registration Board (SRB): The SRB is currently at the forefront of these registration efforts. The board is responsible for registering land agents, who are currently classified under surveyors according to the Surveyors Registration Act (SRA).2. Association of Real Estate Agents Uganda (AREA Uganda): AREA Uganda is a professional association that advocates for the interests of real estate agents. It has been instrumental in pushing for regulatory changes and has collabo
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WHY SOME MORTGAGES FAIL AND SOME SUCCEED.
A mortgage is a major financial commitment that many people take on in order to purchase a home. However, not all mortgages are created equal, and some may fail while others succeed. In this blog, we will explore some of the reasons why some mortgages fail and others succeed.
Interest Rates: One of the primary factors that determines the success or failure of a mortgage is the interest rate. Mortgages with higher interest rates can be difficult to pay off and may result in default or foreclosure. In contrast, mortgages with lower interest rates can be more manageable, making them easier to pay off over time.
Loan Terms: The terms of a mortgage can also play a significant role in its success or failure. Mortgages with longer terms can result in lower monthly payments but may end up costing more in interest over the life of the loan. On the other hand, mortgages with shorter terms may have higher monthly payments but may ultimately be less expensive in the long run.
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BRINGING VALUABLE REAL ESTATE KNOWLEDGE TO YOUR EARS.
In an era characterized by information overload and busy schedules, the way we consume content has evolved dramatically. Traditional reading habits have given way to more convenient and accessible forms of information consumption, such as Audio Podcasts.
In many parts of the world, including Africa, people are discovering the joy of learning through their ears rather than their eyes. The Real Estate Database (RED) recognizes this shifting preference and has introduced a transformative initiative called "The Sound of Real Estate."
This podcast series, aimed at catering to the needs of busy Africans seeking real estate insights on the go, represents a paradigm shift in how we access real estate content. This shift begs the question: Do Africans prefer listening to reading? Let's delve into this intriguing notion and explore why RED's move to provide podcasts is a game-changer.
The Power of Audio: A Global Phenomenon.The preference for audio content is not limited to any specific regio
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UGANDAN REAL ESTATE MARKET MID YEAR 2024 REVIEW AND FUTURE OUTLOOK.
First Half of the Year 2024 Review.
The Ugandan real estate market has experienced a dynamic first half of the year 2024, marked by several significant trends and developments. The sector has shown resilience and adaptability in the face of both local and global challenges. Here are some key highlights.
Steady Demand for Residential Properties.
The demand for residential properties, particularly in urban areas like Kampala, Entebbe, and Jinja, has remained robust. Factors contributing to this steady demand include urbanization, a growing middle class, and a youthful population seeking homeownership.
Commercial Real Estate Dynamics.
The commercial real estate sector, including office spaces and retail outlets, has witnessed mixed performance. While there has been a resurgence in demand for retail spaces as the economy recovers from the pandemic's impact, the office space segment is still adjusting to the hybrid work model adopted by many companies.
Impact of Infrastructure Develop
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A BÈGINNER'S GUIDE TO REAL ESTATE INVESTING 101.
Real estate investing can be a rewarding and lucrative venture, but it's not something you should dive into headfirst without preparation. Like any significant investment, it requires careful planning, understanding, and strategy. Here's a step-by-step guide, inspired by Ryan Serhant, to help you get started on the right foot. 1. Understand What You're Investing In.Before you make any investments, it's crucial to understand the ins and outs of real estate. This isn't just about knowing the market; it's about understanding the types of properties, the risks involved, and the potential returns. Real estate is a broad field with many niches, including residential, commercial, industrial, and land. Each type of property has its own set of challenges and opportunities. 2. Find a Mentor.One of the most effective ways to fast-track your learning is to find a mentor. A mentor who has been through the ups and downs of real estate investing can provide invaluable insights. They have already made
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ENTER YOUR DETAILS BELOW AND HUBERT WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 174243
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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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