2 bedroom Semi Detached for rent in Namugongo Wakiso Uganda, code: 111366
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In posh and modern neighborhood comes with spacious living room
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🏚️Balcony
🚪Built in wardrobes
📡Cable TV
🚗Car port
🔆Ceiling fans
🔶Ceramic tiles
🚘Lots of parking
💠Paved compound
🏡Private yard
👮Security guards
📡Satellite dish
🏞️Specious compound
🏫Tiled roof
🚧Wall fence
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QR CODE
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100+ RELATED PROPERTIES
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DOES EXPENSIVE PROPERTY MEAN LUXURY, OR DOES LUXURY PROPERTY MEAN EXPENSIVE? The terms "expensive" and "luxury" are often used interchangeably, leading to a common misconception that they are synonymous. However, delving deeper into the intricacies of the property market reveals a nuanced relationship between these two concepts. In this blog, we explore the question. Does expensive property mean luxury, or does luxury property mean expensive?The Expensive Property Conundrum.The term "expensive property" primarily refers to the high monetary value attached to a real estate asset. Factors such as location, size, and amenities contribute to the overall cost. However, the mere presence of a hefty price tag does not necessarily guarantee a luxurious living experience. Some properties may command a high price due to their strategic location, proximity to urban centers, or limited availability, without offering the lavish features often associated with luxury living.Defining Luxury in Real Estate.Luxury, on the other hand, extends beyond the financial realm and encomp
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HOW A FOREIGNER CAN OWN OR BUY LAND IN UGANDA
Acquiring land in a foreign country can be a daunting task, but for those daring to take the leap, Uganda offers a world of untapped potential for investment opportunities. With its fertile soil, growing economy, and rich cultural heritage, Uganda is a land of limitless possibilities. So, are you ready to turn your dreams into reality? Here's everything you need to know about acquiring land in Uganda as a foreign national.
Conduct Thorough Research: Before taking the plunge, it's essential to conduct due diligence on the property you are interested in and the local laws and regulations. This will ensure that you are fully informed and prepared for the journey ahead.
Hire a Local Legal Expert: A local attorney with experience in foreign land acquisitions is your key to success. They will guide you through the legal maze and ensure that all necessary approvals and documentation are obtained.
Get Government Approval: Uganda requires foreign nationals to obtain a
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WHY PROPERTY BUYERS ARE UNDECIDED AND HOW TO HELP THEM MOVE FORWARD. Making decisions related to property can be a significant life milestone, whether it involves buying a first home, selling an existing one, or investing in real estate. However, many people find themselves stuck in a state of property indecision, struggling to make progress. In this blog, we'll explore the reasons behind property indecision and offer practical strategies to help individuals move forward.Understanding Property IndecisionProperty indecision is a common challenge that can be attributed to various factors. It's essential to recognize these factors to address them effectively:1. Fear of Commitment:
Property transactions often involve substantial financial commitments. This can lead to fear, anxiety, and hesitation, preventing individuals from making a decision.2. Lack of Clarity:
Uncertainty about what one wants from a property, whether it's a first-time homebuyer unsure of their needs or a homeowner contemplating a move, can lead to indecision.3. Financial Concerns:
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A COMPREHENSIVE GUIDE TO REAL ESTATE TAXES IN UGANDA.
Real estate investment in Uganda can be a profitable venture, but it is essential to understand the various taxes that come with it. Taxes such as property rates, withholding tax, and stamp duty can significantly impact an investor's financial bottom line. Here's a comprehensive guide to real estate taxes in Uganda that every property owner or investor should know:Withholding Tax.
In Uganda, withholding tax on rental income is applied to individuals and companies earning income from renting out properties. This tax is deducted at the source by the tenant when making rental payments to the landlord and is then remitted to the Uganda Revenue Authority (URA). The law specifies the parties responsible for withholding the tax (tenants) and those from whom the tax is withheld (landlords), depending on the nature and circumstances of the transaction.Tenants are legally obligated to remit the withheld tax (or the amount that should have been withheld) to URA within 15 days after the end of
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WHAT KIND OF 3 BEDROOM HOUSE CAN YOU GÈT BETWEEN 100M AND 200M?
If you're on the hunt for a 3-bedroom house in Uganda with a budget ranging from UGX 100,000,000 to UGX 200,000,000, it's important to set realistic expectations about what kind of property you can secure in this price range. While it might not get you a luxurious home in the heart of Kampala, there are still many appealing options available outside the bustling city limits.
Location Matters
First things first, let's address the location. Given the budget constraints, it's likely that your prospective house will be situated outside the Kampala district. Housing within Kampala tends to come at a premium, making it challenging to find a suitable 3-bedroom home within this budget range. Instead, you can explore areas that are still developing, where land prices are more affordable.
Basic Land Size and House Type
A house within this budget range will probably be built on a standard land size of 100X50 feet or 12.5 decimals. You can anticipate a bungalow-style or apartment-type house
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UGANDA'S ONLINE LAND SEARCH PORTAL (UGNLIS): SIMPLIFYING LAND TRANSACTIONS. The Ministry of Lands, Housing, and Urban Development launched the National Land Information System of Uganda (UgNLIS), a pivotal initiative in the National Development Plan. Since 2010, this system has revolutionized land management through the digitalization of land documents and the implementation of computerized systems.
This online search and verification portal allows you to instantly access information about a land title, including its authenticity and any associated transactions. Whether you are in Uganda or abroad, you can use the portal. You can access the Portal via https://ugnlis.mlhud.go.ug. Overview of the National Land Information System.The Public Portal of the National Land Information System provides users with comprehensive services, including access to information on Titles and Parcels in the National Land Information System Databases and tracking the progress of land transactions submitted to the Land Registry. This initiative is designed to offer instant
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DO YOU QUALIFY FOR A MORTGAGE IN UGANDA?
Qualifying for a mortgage in Uganda can be a significant financial milestone for individuals looking to purchase property. However, it is important to understand the requirements and qualifications before applying for a mortgage. Here are some factors that lenders typically consider when determining whether an individual qualifies for a mortgage in Uganda:
Credit score: Your credit score is a key factor that lenders consider when determining whether you qualify for a mortgage. A credit score is a numerical value that represents your creditworthiness and indicates how likely you are to repay a loan. In Uganda, a credit score of at least 550 is typically required to qualify for a mortgage.
Income: Lenders will also look at your income to determine whether you can afford to make mortgage payments. You will need to provide proof of income, such as pay stubs or tax returns, to show that you have a stable source of income.
Employment history: Your employment history is
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WHY IT IS IMPORTANT TO SET THE RIGHT ASKING PRICE FOR YOUR HOME.
Selling a home is a significant milestone in life - it marks the end of an era and the beginning of a new chapter. When the time comes to put your beloved property on the market, it's natural to feel a mix of emotions ranging from excitement to nervousness. One of the most crucial decisions you'll make in this process is setting the asking price for your home.
It may seem like a simple task, but in reality, it requires careful consideration and strategic planning. Why is setting the right asking price so vital? Let's delve into the reasons that make it a fundamental aspect of the real estate journey.
1. First Impressions Matter: When your home hits the market, it creates a lasting first impression among potential buyers. Setting the right asking price helps ensure that your property stands out in the crowded real estate market. Overpricing may deter potential buyers and lead to your home languishing on the market, while underpricing may raise suspicion about hidden flaws or devalue
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THE REAL ESTATE MINDSET THAT EVERY AGENT NEEDS.
The world of real estate can be a dynamic and rewarding field, but it also demands a specific mindset for success. Whether you're a seasoned agent or just starting your career, cultivating the right mindset is essential. In this blog post, we'll explore the key elements of the real estate mindset that every agent needs to thrive in this competitive industry.
Determination and Perseverance
Real estate is not for the faint of heart. It requires a high level of determination and perseverance to overcome challenges and setbacks. As an agent, you'll face rejection, market fluctuations, and demanding clients. However, a strong mindset will enable you to bounce back, stay focused on your goals, and persist in the face of adversity. Embrace challenges as opportunities for growth, learn from your experiences, and maintain a positive attitude even during difficult times.
Client-Centric Approach
Successful real estate agents understand the importance of building strong relationships
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ENTER YOUR DETAILS BELOW AND BONNY WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 111366
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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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