Commercial block for sale in Najjera Wakiso Uganda, code: 189497
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Commercial block
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This is an amazing opportunity to own a commercial building for sale located in the vibrant and rapidly growing area of Najjera. This commercial block is busy and bustling with activity, offering great potential for investment. The block is located on Najjera Road and is approved for 2 more levels of construction. The land tenure is Mailo Land and the size of the block is 12 Decimals.
The building is already occupied with verified tenants who have bank guaranteed leases, making it an ideal investment opportunity for an investor. In addition, the current price is reduced from the original price, making it a very attractive option. With a highly visible location and plenty of footfall, this commercial building for sale is perfect for anyone looking to invest in a commercial property.
The commercial block is situated in an area with ample amenities, including shopping centers, restaurants, banks, public transport links and more. This is a great opportunity to own a commercial building at a highly reduced price and the potential for further development and expansion is great. This is a unique opportunity that should not be missed. If you are interested in this commercial block for sale, please get in touch with the direct owner.
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SCAN QR CODE
189497
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11 RELATED PROPERTIES
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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 LIZ WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 189497
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