1 bedroom Apartment block for sale in Bbunga Kampala Uganda, code: 217852
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Ugx 2,200,000,000/=
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Apartment block
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Investment opportunity alert! These two apartment blocks in the bustling neighborhood of Bunga are now up for sale. Each block consists of 12 units, each with a spacious 1 bedroom, seating room, and self-contained bathroom. The well-maintained tarmac road provides easy access to and from the property, ensuring convenience for both residents and visitors.
Currently, each unit is renting for 1.7 million shillings, generating a total monthly income of 20,400,000 shillings. With such high rental demand in the area, this is a lucrative opportunity for any investor looking to add to their portfolio. The total price for both blocks is 2.2 billion shillings, making it a worthwhile and profitable investment.
The property is situated on private mailo land, providing security and peace of mind for the new owner. The land size is 20 decimals, providing ample space for parking and future development. This prime location in Bunga on Ggaba road, within Kampala District, offers easy access to various amenities such as schools, hospitals, and shopping centers.
Don't miss out on this rare opportunity to own two apartment blocks in one of Kampala's most sought-after neighborhoods. With a steady monthly income and potential for future growth, this property is sure to be a valuable addition to any investment portfolio. Contact us now to schedule a viewing and make this property yours today!
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SCAN QR CODE
217852
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53 RELATED PROPERTIES
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WHY IS REAL ESTATE IMPORTANT IN UGANDA'S ECONOMY?
Uganda, known as the Pearl of Africa, is a country of immense beauty, rich natural resources, and a rapidly growing economy. In recent years, real estate has emerged as a vital sector that plays a pivotal role in driving Uganda's economic growth. From providing shelter and employment opportunities to contributing to GDP and attracting foreign investment, real estate has become a key driver of Uganda's economic development. In this blog, we will explore why real estate is important in Uganda's economy.
Housing and Shelter: One of the fundamental aspects of real estate is providing adequate housing and shelter for the population. Uganda has experienced a significant increase in urbanization and population growth, leading to a growing demand for affordable housing. Real estate developers and investors have been instrumental in constructing residential properties, helping to bridge the housing gap. Affordable housing initiatives and developments have provided decent living condition
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REAL ESTATE IS PROGRESSING FRÓM LOCATION, LOCATION, LOCATION TO DATA, DATA, DATA.
In the realm of real estate, the timeless mantra has always been "Location, Location, Location." The value of a property was traditionally determined by its geographical proximity to amenities, schools, transportation, and other key factors.
However, in the 21st century, a paradigm shift is occurring, and the industry is evolving to embrace a new mantra. "Data, Data, Data." In this blog, we will explore how real estate is undergoing a transformation as data becomes an increasingly crucial factor in decision-making processes.The Traditional Approach.For decades, real estate professionals and investors relied heavily on the physical attributes and geographic location of a property to gauge its value. Proximity to business districts, scenic views, and neighborhood safety were among the primary considerations. While these factors are still relevant, they are no longer the sole determinants of a property's worth.The Rise of Data.With the advent of technology and the proliferation o
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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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appartments
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Location - Bbunga
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District -
Wakiso
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Type -
Apartment block
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Size -
two bedroom
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Status -
For Sale
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Code - 217272
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20+ LAWS GOVERNING REAL ESTATE IN UGANDA.
Real estate investment can be a lucrative venture in Uganda, but it also comes with its fair share of legal complexities. To avoid legal issues and ensure compliance, it's important for investors and property owners to be familiar with the laws and regulations governing the industry.
Here are some of the key laws that investors and property owners should be aware of:
The Land Act The Land Act is a law that has a significant impact on the real estate industry in Uganda. This law regulates various aspects of land ownership, management, and use, including the acquisition and transfer of land titles, leasehold transactions, and land disputes. The Land Act also sets out the procedures for registering land ownership and creating interests in land, such as mortgages, leases, and easements. Additionally, the law establishes the rights and obligations of landowners and occupiers, and provides for the management of public land. Compliance with the Land Act is essential for real estate inve
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ENTER YOUR DETAILS BELOW AND DIXON WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 217852
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