2 bedroom Apartment block for sale in Kyambogo Kampala Uganda, code: 216556
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Ugx 1,700,000,000/=
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Apartment block
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This well-built and strategically located apartment block for sale in Kyambogo on Ntinda-Kisaasi road is a great opportunity for investors looking to expand their real estate portfolio. With a total of 14 units on 25 decimals of Private Mailo land, this property offers a great return on investment, earning 15.4m ugx per month. The land title is readily available, making the purchase process smooth and hassle-free.
Each unit in this apartment block consists of 2 bedrooms and 2 bathrooms, providing comfortable and spacious living spaces for potential tenants. The property also boasts amenities such as a balcony, built-in wardrobes, and ceramic tiles, ensuring a modern and convenient living experience for residents.
The compound is spacious and well-maintained, with a beautiful garden area and plenty of parking space for tenants. The paved compound and veranda add to the overall aesthetic appeal of the property. Additionally, the apartment block is surrounded by a wall fence for added security and privacy.
This prime location in Kyambogo on Ntinda-Kisaasi road within Kampala District offers easy access to major roads, schools, hospitals, and other essential amenities, making it an ideal choice for tenants. The asking price for this property is 1.7bn ugx, and for more information or to schedule a viewing, please contact us on 0703892637 or 0772020776 via WhatsApp. Don't miss out on this lucrative investment opportunity!
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SCAN QR CODE
216556
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18 RELATED PROPERTIES
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WHAT DOES THE LAW SAY ABOUT SECURITY DEPOSIT FRÓM THE TENANT.
Renting a property involves various legal aspects to protect both landlords or property managers and tenants. One crucial element is the security deposit, a sum of money paid by the tenant to secure the performance of their obligations during the tenancy. In this blog post, we'll delve into the legalities surrounding tenant security deposits, focusing on the key provisions outlined in The Landlord and Tenant Act 2022.1. Limitations on the Amount of Security Deposit.According to the law, a landlord is permitted to request a security deposit, but with specific limitations. Notably, a landlord cannot demand more than one security deposit, and the amount should not exceed the equivalent of one month's rent or one-twelfth of the annual rent, whichever is less. These restrictions are in place to ensure that tenants are not burdened with excessive upfront costs.2. Terms and Conditions for Withholding the Security Deposit.It is imperative for landlords to communicate the terms and conditions g
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WHAT EXACTLY HAPPENS NEXT AS SOON AS A TENANT FAILS TO PAY RENT IN UGANDA?
Being a landlord comes with its fair share of responsibilities, one of which is ensuring that tenants fulfill their financial obligations, particularly paying rent on time. In Uganda, landlords have legal recourse under the Landlord and Tenant Act when tenants fail to meet their rent obligations.
Understanding the steps involved in this process is crucial for landlords and tenants seeking a resolution to unpaid rent. In this situation, we will outline the necessary actions that a landlord can take when faced with a tenant who fails to pay rent, providing a short guide to navigating the legal system and recovering what is owed.
Serve a notice to pay rent. The landlord must serve the tenant with a notice to pay rent. The notice should be in writing and state the amount of rent owed and the due date for payment. The notice period will depend on the nature of the tenancy agreement, but it should be at least seven days if the tenant is on a periodic tenancy.
File a suit in court. I
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ENTER YOUR DETAILS BELOW AND DAVID WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 216556
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