4 bedroom Duplex for rent in Naguru Kampala Uganda, code: 188237
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House available in a good neighborhood it's we'll fenced with a wall fence and close to the road for more details please call me
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SCAN QR CODE
188237
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52 RELATED PROPERTIES
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NOT EVERYONE CAN BUY OR BUILD A HOUSE, JUST LIKE NOT EVERYONE CAN AFFORD TO BUY A CAR.
Have you ever found yourself wondering why developers aren't constructing houses tailored for low-income earners? The answer lies in a simple economic reality, the cost of materials and land often surpasses what those with modest incomes can afford. In a world where housing demand outstrips supply, developers prioritize projects that cater to a higher income spectrum. This blog aims not to discourage the dream of homeownership but to shed light on the practicalities of achieving it, especially for those with limited financial means.Recently, during a presentation on Real Estate Database (RED) listings to young IT professionals, a question arose: why doesn't RED feature homes for low-income earners? The term "low income" was loosely defined as earning around 300,000. In response, it was emphasized that if someone earning 300,000 is employed within Kampala, the most viable option is renting until their income surpasses this threshold.Consider this, with a 300,000 income in Kampala, how m
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WHAT ARE THE MOST COMMON CHALLENGES IN THE HOME BUYING PROCESS IN UGANDA?
Home buying process in Uganda is often filled with numerous challenges for both first-time buyers and experienced ones. Below are some of the most common challenges faced during the process.
Lack of affordable housing: Housing prices in Uganda's major cities have been increasing in recent years, making it difficult for many people to purchase a home. This challenge is exacerbated by the limited availability of affordable housing options.
Inadequate financing options: Getting a mortgage loan in Uganda can be difficult due to limited financing options and stringent requirements. This makes it difficult for many people to secure the funding they need to purchase a home.
Poor infrastructure: In some areas of Uganda, basic infrastructure like roads, electricity, and water supplies are not adequately developed. This can make it difficult for potential buyers to find suitable homes in those areas.
Bureaucracy: The home buying process in Uganda is often bogged down by
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THE CHALLENGE OF DEALING WITH SELLERS WHO ARE IN NO HURRY TO SELL.
Sellers who are not in a hurry to sell can pose a unique challenge for both eager buyers and proactive real estate agents. The reasons behind their lack of urgency vary, ranging from financial stability to speculative expectations. In this blog, we will explore the frustrations and dynamics involved when dealing with sellers who are in no rush to part with their properties.1. Financial Comfort:One common scenario involves sellers who are already renting out their property, enjoying a steady stream of income. This financial stability eliminates the urgency to sell, as they are content with the current arrangement. The lack of pressure to finalize a deal can be frustrating for buyers and agents eagerly looking to close transactions.2. Overpriced Listings:Some sellers choose to list their properties at significantly higher prices, often double or triple the market value. This strategy is often employed with the hope that a buyer seeking to conceal illicit funds in real estate will come al
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SUBSCRIBE TO THE REAL ESTATE DÁTABASE NEWSLETTER.
Are you passionate about the world of real estate? Do you want to stay ahead of the curve in this dynamic industry? Look no further, the Real Estate Database (RED) Newsletter on LinkedIn is your ultimate source of tailored content for all things real estate!Why RED Newsletter?Real estate is more than just buying and selling properties. It's a complex ecosystem that involves real estate agents, realtors, brokers, landlords, developers, buyers, and sellers. To navigate this real estate industry successfully, you need a trusted source of information and insights, and that's exactly what the RED Newsletter offers.What is the RED Newsletter?The RED Newsletter is your go-to resource for the latest trends, market insights, and invaluable tips and tricks in the real estate world. Whether you're a seasoned real estate professional or just starting your journey in this exciting field, our newsletter is designed to cater to your specific needs.Here's what you can expect from the RED Newsletter:1.
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ENTER YOUR DETAILS BELOW AND CHARLES WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 188237
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