2 bedroom Rental units for sale in Kisaasi Kampala Uganda, code: 198282
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This property is situated in the sought-after area of Kisaasi Dungu Zone, known for its serene atmosphere and convenient location. The property is strategically located on the main road, providing easy access to public transportation and major amenities such as supermarkets, schools, and hospitals.
The property itself is a great investment opportunity, with a monthly rental collection of Ugx6,500,000. This is made up of one house with 3 bedrooms, currently rented at Ugx1.5m, 3 houses with two bedrooms each, rented at Ugx700k each, 4 double units rented at Ugx600k each, 2 single units rented at Ugx400,000 each, and one single unit rented at Ugx250k. This diverse range of rental units ensures a steady and lucrative income for the owner.
The property boasts a land size of 30 decimals, providing ample space for future expansion or development. The land is privately owned, giving the owner complete control and flexibility over the property.
The houses on the property are well-maintained and offer comfortable living spaces for tenants. Each unit has its own bathroom and kitchen, providing privacy and convenience. The compound is paved and includes a playground and lots of parking space, making it ideal for families with children.
Other amenities on the property include a septic tank, spacious compound, store, veranda, and wall fence for added security. These features make the property attractive to potential tenants and contribute to its high rental demand.
Overall, this property in Kisaasi Dungu Zone is a great investment opportunity with a prime location, steady rental income, and potential for future development. With a price of Ugx720m, it offers a competitive return on investment and is a must-see for any serious investor looking for a profitable and secure investment in the thriving city of Kampala.
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SCAN QR CODE
198282
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53 RELATED PROPERTIES
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WHAT EXACTLY IS A QUICK SALE OR FORCED SALE, AND WHAT ARE THE ATTRIBUTES?
Quick sale and forced sale are both terms commonly used in the real estate industry to describe different types of property sales.
A quick sale refers to a situation where a property owner wants to sell their property quickly, often because they need the funds urgently or because they want to avoid a lengthy sales process. In a quick sale, the property is usually sold below its market value, and the transaction is completed quickly, often within a few days or weeks.
On the other hand, a forced sale is a type of sale where the property owner is compelled to sell their property due to external factors. These factors could include a court order, foreclosure, or bankruptcy. In a forced sale, the property may be sold at a lower price than its market value, and the sale is usually completed quickly to meet legal or financial obligations.
In both cases, the property is typically sold quickly, but the main difference is that a quick sale is voluntary, while a forced sale is of
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THE WEIRDEST REAL ESTATE LAWS FR0M AROUND THE WORLD.
Real estate laws vary significantly from country to country, and what may be considered common practice in one place might be seen as completely bizarre or even illegal in another. In this blog, we'll take a look at some of the weirdest real estate laws from around the world.
In France, if you own a building with a view of the Eiffel Tower, you are legally required to maintain that view. This means that you cannot build anything that obstructs the view, even if it's on your own property.
In Switzerland, it is illegal to flush the toilet after 10 pm if you live in an apartment building. This law is meant to prevent noise disturbances to your neighbors and is strictly enforced.
In Singapore, it is illegal to walk around your home naked. While it's perfectly legal to be naked in your own home, the law in Singapore states that you must be covered up when you are within view of your neighbors or the public.
In Germany, you are not allowed to paint your own house
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DO YOU QUALIFY FOR A MORTGAGE IN UGANDA?
Qualifying for a mortgage in Uganda can be a significant financial milestone for individuals looking to purchase property. However, it is important to understand the requirements and qualifications before applying for a mortgage. Here are some factors that lenders typically consider when determining whether an individual qualifies for a mortgage in Uganda:
Credit score: Your credit score is a key factor that lenders consider when determining whether you qualify for a mortgage. A credit score is a numerical value that represents your creditworthiness and indicates how likely you are to repay a loan. In Uganda, a credit score of at least 550 is typically required to qualify for a mortgage.
Income: Lenders will also look at your income to determine whether you can afford to make mortgage payments. You will need to provide proof of income, such as pay stubs or tax returns, to show that you have a stable source of income.
Employment history: Your employment history is
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WHO EXACTLY IS VINCENT AGABA?
It was the year 2007 when I first met a gentle man called Vincent Agaba, a man who would go on to revolutionize the real estate sector in Uganda. At that time, Vincent had recently established a property management company called Avarts Housing Limited. Their office was located on Plot 66 Kenneth Dale Drive in Kamwokya, before later relocating to Embassy Plaza along Ggaba Road. Meanwhile, I had just also recently launched the Real Estate Database (RED) and was seeking established agencies to join and list their properties on the new platform.
One day, while moving along Kira Road, I noticed the Avarts signpost and decided to pay them a visit. I was eager to meet the people behind the company and see if we could strike a deal to join the RED. I sat down with Vincent and explained the concept of the RED. He was not only impressed but also mentioned that he was already familiar with a similar platform called Funda in the Netherlands, where he had studied International Business an
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ENTER YOUR DETAILS BELOW AND LIZ WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 198282
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