2 bedroom Apartment block for sale in Muyenga Kampala Uganda, code: 219473
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Ugx 1,900,000,000/=
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Apartment block
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6 brand new 2 bedroom 2 bathroom apartments with premium fixtures and situated in a good neighborhood. Each unit is rented out for Ugx 2.7 million per month, totaling to Ugx 16.5 million in monthly income. With a land size of 18 decimals, this apartment block offers ample space for parking, a playground, and a spacious compound. The well-designed apartments feature balconies, built-in wardrobes, and tiled roofs, providing a comfortable and modern living experience. The location in Muyenga, a popular and vibrant area in Kampala, offers easy access to essential amenities and a thriving community. This is a great investment opportunity for anyone looking to own a high-income generating property in a prime location. Don't miss out on the chance to own this brand new apartment block and become a part of the growing Muyenga community.
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SCAN QR CODE
219473
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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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DO YOU SUPPORT OR OPPOSE THE IDEA OF REAL ESTATE AGENTS CHÁRGING SEARCH FEES?
I previously engaged in a constructive phone dialogue with Dr. Rachael Mirembe, a distinguished figure within Uganda's real estate landscape. Our conversation stemmed from a past encounter on Twitter Spaces, during which we held differing opinions on the practice of real estate agents charging search fees. My intention of reaching out to her was to bridge our perspectives and establish common ground.
Initially, Dr. Mirembe strongly supported the elimination of search fees within the Ugandan real estate market, citing her experiences in South Africa where search/such fees were not customary. Her argument was centered on the belief that an agent's income should be derived solely from commissions earned after a successful sale and not from search fees.
However, our conversation led us to a shared understanding. We both recognized the necessity of search fees to deter time-consuming property tours by speculators and casual real estate enthusiasts also know as real estate to
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UNDERSTANDING PROPERTY LABELS ON THE REAL ESTATE DÁTABASE (RED).
The Real Estate Database (RED) has introduced several property labels designed to increase the visibility of unique features and statuses of properties. These labels serve as vital indicators for buyers, sellers, and renters, helping them quickly assess a property’s status and determine if it aligns with their needs. Let's dive into some of these labels and what they mean.1. On Offer: This label signifies that a buyer has already made an offer on the property, but payment has not yet been finalized. It's a heads-up that the property may soon be sold, though it's still available for now.2. Hot Deal: A "Hot Deal" label is used for properties that are being boosted for enhanced visibility. These properties are often seen as a great value or offer something unique, so they're given more prominence to attract attention quickly.3. Short Let: Properties marked as "Short Let" are available for rental on a short-term basis. These are ideal for individuals who need tempor
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ENTER YOUR DETAILS BELOW AND YUSUF WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 219473
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