Commercial block for sale in Buloba Wakiso Uganda, code: 179814
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Commercial block
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This property is truly an ideal investment opportunity for those looking for projects. Situated in a good neighborhood, the 25 decimals of land are serviced with wide and good access roads throughout, providing easy access to all amenities.
This property offers a stunning view, with plenty of room for expansion with various projects.
The asking price for this very nice property is UGX 800million making monthly income of UGX 6.5m.
This is an amazing opportunity to invest in this commercial building in buloba and enjoy the profits to the fullest. The land has a ready private Mailo land title on table, making it a secure investment. This is a once in a lifetime opportunity to own a highly sought after building to earn you good income.
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SCAN QR CODE
179814
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UNDERSTANDING THE LAND TENURE IN UGANDA AND ITS IMPACT ON REAL ESTATE OWNERSHIP
Uganda is a country with a complex land tenure system, which has significant impacts on real estate ownership. The system is a result of a mix of different land tenure systems inherited from Uganda's colonial past, which have evolved and adapted to the country's changing political, social, and economic circumstances. In this blog, we will examine the different types of land tenure in Uganda and their impact on real estate ownership.
Mailo Land: Mailo land is a type of land tenure system that was introduced in Uganda during the colonial period. It is prevalent in central Uganda, where it covers about 30% of the land area. Mailo land is a freehold system where the land is owned by individuals or families who have the right to use, sell, or lease it. However, the landowners only have ownership rights to the surface of the land, as the government retains ownership of the minerals and subsoil.
The main challenge with the Mailo land system is that it has led to fragmented landowner
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ENTER YOUR DETAILS BELOW AND SPARTA WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 179814
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