Commercial Land for sale in Namugongo Wakiso Uganda, code: 178338
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Commercial Land
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This prime private mailo land is a great opportunity for any investor.It is strategically located in Namugongo Jomanyi with a spectacular hill top view,you can access it via Namugongo janda and also via Kira Nsasa.It is surrounded by quiet neighborhood and well fenced within close proximity to public amenities such as shopping centers,schools and hospitals.The land measures 15 decimals making it suitable for a variety of commercial projects such as rental units,apartments,condominium and more.It is being offered at 100 million with a title and installments are allowed,making it an excellent investment opportunity for any investor or developer as the land is in a prime location and has potential for future growth.
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100+ RELATED PROPERTIES
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WHICH ONES ARE THE MOST SECURE NEIGHBORHOODS IN KAMPALA.
In the fast growing city of Kampala, finding a safe and secure neighborhood to call home is a top priority for residents and newcomers alike. With a growing population and diverse communities, it's essential to navigate the city's various districts to identify the areas known for their safety and security. In this guide, we'll explore some of the most secure neighborhoods in Kampala, offering insights into what makes them stand out and why they are preferred by many residents. 1. Nakasero.Nakasero is often considered one of the safest and most upscale neighborhoods in Kampala. Located in the heart of the city, it is home to many government offices, diplomatic missions, and high end residential properties. The area is well patrolled by security personnel, and its well maintained streets and infrastructure contribute to its overall safety. Nakasero is surrounded by a range of city center amenities, including shopping malls, restaurants, and recreational facilities, making it an attractiv
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WHAT KIND OF 3 BEDROOM HOUSE CAN YOU GÈT BETWEEN 100M AND 200M?
If you're on the hunt for a 3-bedroom house in Uganda with a budget ranging from UGX 100,000,000 to UGX 200,000,000, it's important to set realistic expectations about what kind of property you can secure in this price range. While it might not get you a luxurious home in the heart of Kampala, there are still many appealing options available outside the bustling city limits.
Location Matters
First things first, let's address the location. Given the budget constraints, it's likely that your prospective house will be situated outside the Kampala district. Housing within Kampala tends to come at a premium, making it challenging to find a suitable 3-bedroom home within this budget range. Instead, you can explore areas that are still developing, where land prices are more affordable.
Basic Land Size and House Type
A house within this budget range will probably be built on a standard land size of 100X50 feet or 12.5 decimals. You can anticipate a bungalow-style or apartment-type house
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VETTING, VERIFICATION, AND APPROVAL OF REAL ESTATE AGENTS BY THE REAL ESTATE DÁTABASE (RED).
The real estate sector thrives on trust, professionalism, and accountability. For platforms like the Real Estate Database (RED), ensuring these values are upheld is not just a priority but a necessity. One of RED's most critical internal processes is the vetting, verification, and approval of real estate agents. This meticulous internally managed process applies only to individuals and companies that seeks to subscribe to the RED platform. Over the years, the absence of a national statutory body to comprehensively vet, verify and approve real estate agents has made this process a cornerstone of RED's operations, avoiding such a process would be a recipe for disaster.While RED doesn't claim to be a regulatory authority, it has deployed all possible efforts to safeguard all its users and uphold the integrity of the industry through its in-house vetting, verification and approval process. Why Vetting, Verification and Approval Matters.Real estate transactions often involve sign
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ANNOYING QUESTIONS THAT PROPERTY BUYERS ASK REAL ESTATE AGENTS IN UGANDA.
As a real estate agent in Uganda, you have probably encountered a range of questions from property buyers. While some questions may be straightforward and easy to answer, others can be downright annoying. Here are some of the most common annoying questions property buyers ask real estate agents in Uganda, and how to deal with them.1) "What's the lowest price the seller will accept?"
This is one of the most annoying questions that property buyers ask real estate agents in Uganda and yet it's also the commonest. At first it looks like an innocent question since It's understandable that buyers want to negotiate the best deal possible, but asking for the lowest price can be a waste of time. Sellers in Uganda typically set their prices based on the current market value of the property and their personal financial needs, so there is often little room for negotiation. Instead, you should focus on discussing the property's features and benefits and explaining why it's priced the way i
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HOLIDAY REAL ESTATE TRÈNDS: WHAT TO EXPECT.
As the holiday season approaches, the real estate market experiences unique shifts that create opportunities and challenges for buyers, sellers, and investors alike. Understanding these trends can help you navigate this dynamic period effectively, whether you're looking to purchase your dream home, sell a property, or make a strategic investment. Here's a detailed analysis and several key takeaways regarding what to expect in the real estate market during this holiday season. 1. Lower Inventory but Motivated Sellers.The holiday season often sees a reduction in the number of homes on the market. Many sellers prefer to wait until after the holidays to list their properties, resulting in lower inventory levels. However, those who do list during this time are typically highly motivated, possibly due to financial needs, job relocations, or other pressing reasons.Implications:
Buyers: You'll face less competition, but options might be limited. Quick decision-making is crucial to secure de
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THE 3 KEY FACTORS THAT WILL DETERMINE YOUR INVESTMENT IN REAL ESTATE.
Investing in real estate can prove to be a lucrative venture. However, before taking the plunge, it is crucial to assess and comprehend the key factors that will significantly impact your investment decisions.In a recent interview that has been featured on LinkedIn, Judy Rugasira from Knight Frank Uganda highlighted the three factors that should be considered before venturing into real estate. I concur that these factors are indeed crucial, and this has prompted me to initiate a discussion within my circles and followers by composing this blog on the subject. The highlighted factors are the 1) Risk Profile, 2) Risk Capacity, and 3) Investment Horizon. 1. Risk Profile: Know Thyself.The first and foremost question to ask yourself is, "What is my risk profile?" Understanding your risk tolerance is essential in shaping your investment strategy. Are you comfortable with high-risk investments that have the potential for higher returns, or do you prefer a more conservative approach? Your risk
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HOW MUCH IS A 50 BY 100 PLOT IN YOUR PREFERRED LOCATION?
When it comes to real estate, one of the most common plot sizes you'll encounter is the 50x100 feet lot, also known as a 12 decimal plot in some regions. This size offers a substantial area for a variety of residential or commercial developments.
But how much does a plot of this size actually cost in different locations? Let’s dive into the specifics and explore the factors that influence the price of a 50x100 plot in several preferred locations. Understanding Plot Size: 50x100 and 12 Decimals.Before we get into the numbers, let's clarify what we mean by a 50x100 plot and 12 decimals. - 50x100 Plot: This is a rectangular piece of land with dimensions of 50 feet by 100 feet, totaling 5,000 square feet.- 12 Decimals: In land measurement terms, especially in countries using the decimal system for real estate, 12 decimals equal approximately 5,227 square feet. For simplicity, we will consider them roughly equivalent, keeping in mind that there might be slight variations depe
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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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STRATEGIES THAT SEASONED REAL ESTATE AGENTS EMPLOY TO THRIVE IN A SLOW MARKET.
Seasoned agents understand the importance of adaptability and resilience. A slow market, characterized by slow sales, reduced demand, and stagnant property values, poses unique challenges that require a strategic approach. In this blog, we'll delve into the strategies employed by seasoned real estate agents to not only survive but thrive in a slow market.1. Market Expertise: Knowledge is Power. Successful real estate agents in a slow market are well-versed in local market trends. They constantly update their knowledge about the current economic conditions, interest rates, and any external factors that may impact the real estate landscape. This expertise allows them to provide valuable insights to clients and navigate the market with confidence.2. Strategic Pricing: The Art of Balance. Seasoned agents understand the delicate balance of pricing properties in a slow market. They leverage their market knowledge to set realistic and competitive prices that attract po
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ENTER YOUR DETAILS BELOW AND PRIME WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 178338
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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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