2 bedroom Rental units for sale in Seguku Wakiso Uganda, code: 215827
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Price:
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UgxΒ 500,000,000/=
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This charming property boasts five units of classic apartments, each featuring two bedrooms, one bathroom, a sitting room, and a kitchen. With each unit currently renting for 800k, the total monthly income is 4m. However, the potential for increasing the rent to 1m is high, as double rooms in the area are currently going for 700k. Sitting on 26 decimals of private mile land, this apartment complex is located in Seguku after Nican Resort Hotel and is fully equipped for comfortable living. The selling price for this hot deal is only 500m, with the added bonus of being just 100 meters from the tarmac. This is a rare opportunity, as a plot of 25 decimals in the same vicinity is currently empty and being sold for 300m. This is a first come, first serve offer, so act fast. The two-bedroom, one-bathroom rental units are situated in the desirable area of Seguku on Entebbe Road within Wakiso District. The land tenure is Private Mailo, ensuring secure ownership, and the size of the property is 26 decimals, providing ample space for living and potential for future development. The apartment complex also includes desirable amenities such as ceramic tiles, internet coverage, a paved compound, a veranda, and a wall fence. Don't miss out on this opportunity to own a lucrative investment property in a prime location.
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SCAN QR CODE
215827
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HOW TO TRANSFER A MAILO LAND TITLE INTO YOUR NAMES.
Mailo land is mostly common in the central region with few traces in western Uganda. Titled property is associated with complex paper work and one needs knowledge to save a dime as well as time from transactions, hence the phrase "ettakka biwandiiko ssi bigambo" which means Land ownership is proved by supporting and satisfactory documentation and not mere words.Step 1.
You must have in your possession a fully completed set of Transfer forms which include a Transfer form and two Consent forms, A photocopy of the duplicate certificate of title and authentic Passport photographs of the buyer and seller one for each. Include National Identification card copies / passports for both parties Fully witnessed by an Advocate of the vender and Purchaser. Attach a copy of the sells agreement on which the transaction was done.Step 2.
You present the documents to the Valuation Department at the Ministry Zonal Office (MLHUD) that takes the district where the land is situated for v
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