Residential Land for sale in Namugongo Wakiso Uganda, code: 177190
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Residential Land
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Good plot up for sale in #Namugongo_kiwango Bukerere road measuring #50ftby200ft asking price #125millions_Ugx slightly negotiable with ready title on table just #150meters off main road
Call or what's app no
0770829865
0702805935
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QR CODE
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100+ RELATED PROPERTIES
(Related by price or location or district or status or type) |
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IS IT SAFE TO BUY AGREEMENT LAND IN UGANDA?
Buying land in Uganda is a big decision, and for many, agreement land, often called Kibanja in the Buganda region, seems like an easier and more affordable option. But is it really safe? The short answer is "yes", and the long answer is "it all depends". While agreement land can be owned in perpetuity, there are a few important things to consider before making that purchase.
Let's break it down so you can make an informed decision.
What is Agreement Land?
Agreement land, or Kibanja in Buganda, refers to land that is owned based on an agreement between the buyer and seller, often witnessed by local authorities, family members, or brokers. Unlike titled land, it is not formally registered in the national land system, which means ownership relies on documented agreements rather than an official land title.
That said, Kibanja land isn't necessarily insecure, you just have to navigate it the right way.
The Risks of Buying Agreement Land
While it may be tempting to go for agreement l
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WHY PROPERTY BUYERS ARE NOT BUYING YOUR LISTINGS.
As a real estate agent, there's nothing more disheartening than seeing your properties sit on the market for an extended period without any interested buyers. You may have gone above and beyond to create the perfect listing, showcasing the best features of the property, and putting in the effort to make it as appealing as possible, yet potential buyers still aren't biting. If this sounds like your situation, it's time to assess the situation and identify potential reasons why your listings aren't attracting buyers.
If the land office in your area of operation is very busy with land transfer activities, but none of those activities are related to your listings, it may be time to assess potential issues with your marketing strategy, pricing, or property condition. Seeking feedback from potential buyers can help identify areas for improvement, and with the right adjustments, you can attract potential buyers and close the sale.
Firstly, it's essential to evaluate your marketing strateg
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HOW TO USE THE REAL ESTATE DÁTABASE (RED) TO GÈT PROPERTY BUYERS FASTER FASTER.
Ever had that frustrating moment when you've got a hot property on your hands but the buyers are not even seeing it? That's exactly where the Real Estate Database (RED) sneaks in as a game changer. Real estate agents who know how to plug into the RED are literally cutting down the time between "just listed" and "buyer on the hook." So, if you are an agent, how best can you actually use the RED to get property buyers faster faster? Let's talk about it, let's break it down.
Don't just snap one photo, flood the gallery.
One blurry front-view shot won't cut it. Buyers want to feel like they've already walked through the house before they even call you. That's why RED works best when you upload as many high-quality pictures as possible. Every element of a property or every room of a house deserves at least four pictures, one from each corner. It's like a virtual tour without the hassle. Agents who do this consistently have seen that their listings get more clicks and inquiries than thos
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WHAT HAPPENS NEXT WHÈN THE SELLER REFUSES TO PAY COMMISSION TO THE REAL ESTATE AGENT?
When a real estate agent helps a seller to sell their property, they are typically entitled to a commission for their services. This commission is usually a percentage of the sale price and is paid by the seller. However, in some cases, the seller may refuse to pay the commission to the agent. In this blog, lets explore what can happen when a seller refuses to pay commission. You might be surprised at how far an agent can go to claim what's rightfully theirs.
Review the listing agreement.
The first step an agent should take is to review the listing agreement signed by both the seller and the agent. This agreement outlines the terms and conditions, including the commission the agent is entitled to, who is responsible for paying it, and the timeline for payment. It may also include provisions for handling any disputes that arise.
Communicate with the seller.
The next step is to communicate with the seller and try to understand why they are refusing to pay the commission. It is
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WHY THE REAL ESTATE DÁTABASE (RED) DOES NOT HAVE A MAP SHOWING PROPERTY PINS WITHIN THEIR DIFFERENT GEO LOCATIONS.
In an era where technology has permeated every facet of our lives, it seems almost inconceivable that Real Estate Database (RED) would not include a map feature showcasing properties within their various geo locations.
To put things in context, I would like to first explain that RED has three sets of users, one set is that of real estate agents who upload/market their properties on the platform, the other set is that of the property buyers who are actively searching for properties online.
The third set is the intersection between the two sets mentioned above, this set is made up of real estate investors who actively buy and/or sale properties. The first set (which is made up of real estate agents) vehemently dislikes the mapping feature for reasons that I will explain later in this blog. So, keep reading.
The absence of a property mapping tool on the RED leaves one set of users (the buyers) puzzled and raises questions about the reasons behind this omission. I recently had a discu
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CONSULTATIVE MEETING ON REAL ESTATE REGULATION AND LICENSING WITH SRB: WHAT TO EXPECT.
As Uganda's real estate industry continues to grow, regulation and licensing have become critical topics for all stakeholders. To address these concerns, the Association of Real Estate Agents (AREA) is organizing a pivotal meeting titled "Consultative Meeting on Real Estate Regulation and Licensing with SRB." This event will take place on Friday, 30th August 2024, from 3 pm to 5 pm at the Uganda Business Facilitation Center. The meeting is expected to feature representatives from the Surveyors Registration Board (SRB), the body currently responsible for registering real estate agents nationwide. Why This Meeting Is Important.This upcoming meeting is significant as it occurs when the real estate sector in Uganda is rapidly evolving. With the SRB actively involved in registering real estate agents, there is a pressing need for clear guidelines and robust regulatory frameworks to ensure all agents operate within the law and maintain the highest professional standards. AREA is expected to
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COMMERCIAL PROPERTY TYPES IN THE REAL ESTATE DÁTABASE (RED)
The Real Estate Database (RED) is a comprehensive source of information for commercial properties. It classifies commercial properties into different categories based on their use, location, and structure. In this article, we will take a closer look at some of the most common commercial property categories in the RED.
Warehouse: A warehouse is a commercial property that is used for storing goods or materials. These properties are often located in industrial areas or close to major transportation routes. They may be leased or purchased by companies that need to store their products or materials for distribution.
Office Space: Office space is a commercial property that is used for conducting business operations. These properties are typically located in commercial areas or central business districts. They may be leased or purchased by companies that need a physical location to conduct their business operations.
Shop: A shop is a commercial property that is used for retail sale
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WHÈRE DOES YOUR HOUSE LIVE?
Imagine this: You've got a beautiful 3-bedroom house. It's solid, well-designed, clean lines, tiled floors, nice compound. A gem, really. But here's the plot twist, it's priced at 300 million in Kira, and 400 million in Ntinda, or at 500 million in Naguru, and a jaw-dropping 2 billion or 3 billion in Kololo.
Same house. Same number of bedrooms. Different price tags. So, what is going on? Here's the truth bomb: it's not always about the house. It's about where your house lives. Let that sink in for a second.
Your investment property's value doesn't only come from the size, or the number of bathrooms. It's about the address, the neighborhood, and the vibes. You could have the most beautiful house in a place that doesn't get it, and it will sit on the market like a forgotten piece of cake at a wedding.
Ever felt like your property should be turning heads, making offers fly in, but it's just ... not? It's not because you made a bad investment. Maybe it's just in the wrong location. Ma
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THE REASONS WHY MANY REAL ESTATE AGENTS FAIL.
Real estate can be a lucrative industry in Uganda, with the potential for great success and financial stability for those who are successful. However, not all real estate agents in Uganda are able to achieve success, and like any other business, many end up failing, lets explore some of the reasons why many real estate agents fail in Uganda.Lack of proper training and education.
One of the primary reasons why many real estate agents fail in Uganda is due to a lack of proper training and education. In many cases, individuals enter the industry without any formal training, leading to a limited understanding of key aspects such as property valuation, negotiation, and marketing. While you do not need a degree to be a real estate agent in Uganda, acquiring the right skills is essential for success. Fortunately, the rising tide of real estate training institutions provides numerous opportunities for aspiring agents to gain the knowledge they need to navigate the industry effectively
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ENTER YOUR DETAILS BELOW AND HUBERT. WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 177190
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INSTALLMENT PAYMENT INQUIRY FORM
Please fill out the inquiry form below with all required details. You will receive a response from Goldmine Finance within 48 hours, advising you on installment payment options for your preferred property based on the information provided.
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