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2 bedroom Semi Detached for rent in Najjera Kampala Uganda, code: 161356
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2 bedroom house in najjera at 500k self contained with ample parking space next to main
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🏚️Balcony
🚪Built in wardrobes
🔶Ceramic tiles
🚘Lots of parking
💠Paved compound
👮Security guards
🏞️Specious compound
🚧Wall fence
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QR CODE
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100+ RELATED PROPERTIES
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WILL ARTIFICIAL INTELLIGENCE (AI) REPLACE REAL ESTATE AGENTS?
The rapid advancement of Artificial Intelligence (AI) has spurred discussions across various industries about its potential to replace human workers. The real estate sector is no exception. As Artificial Intelligence tools become increasingly sophisticated, many are questioning whether real estate agents will soon be rendered obsolete. However, the reality is far more nuanced. While Artificial Intelligence is revolutionizing the industry, it is unlikely to completely replace real estate agents. Here's why. The Role of Artificial Intelligence in Real Estate.Artificial Intelligence has already made significant inroads into the real estate industry, offering tools that streamline operations, enhance customer experience, and improve decision-making. From property valuation algorithms to chatbots that provide instant responses to customer inquiries, Artificial Intelligence is becoming an indispensable tool for agents and brokers.For instance, Artificial Intelligence-powered platforms can an
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WHAT EXACTLY IS A QUICK SALE OR FORCED SALE, AND WHAT ARE THE ATTRIBUTES?
Quick sale and forced sale are both terms commonly used in the real estate industry to describe different types of property sales.
A quick sale refers to a situation where a property owner wants to sell their property quickly, often because they need the funds urgently or because they want to avoid a lengthy sales process. In a quick sale, the property is usually sold below its market value, and the transaction is completed quickly, often within a few days or weeks.
On the other hand, a forced sale is a type of sale where the property owner is compelled to sell their property due to external factors. These factors could include a court order, foreclosure, or bankruptcy. In a forced sale, the property may be sold at a lower price than its market value, and the sale is usually completed quickly to meet legal or financial obligations.
In both cases, the property is typically sold quickly, but the main difference is that a quick sale is voluntary, while a forced sale is of
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UGANDAN REAL ESTATE MARKET MID YEAR 2024 REVIEW AND FUTURE OUTLOOK.
First Half of the Year 2024 Review.
The Ugandan real estate market has experienced a dynamic first half of the year 2024, marked by several significant trends and developments. The sector has shown resilience and adaptability in the face of both local and global challenges. Here are some key highlights.
Steady Demand for Residential Properties.
The demand for residential properties, particularly in urban areas like Kampala, Entebbe, and Jinja, has remained robust. Factors contributing to this steady demand include urbanization, a growing middle class, and a youthful population seeking homeownership.
Commercial Real Estate Dynamics.
The commercial real estate sector, including office spaces and retail outlets, has witnessed mixed performance. While there has been a resurgence in demand for retail spaces as the economy recovers from the pandemic's impact, the office space segment is still adjusting to the hybrid work model adopted by many companies.
Impact of Infrastructure Develop
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THE REAL ESTATE PEAK SEASON HAS ARRIVED, HOW DO YOU TAP INTO IT USING THE RED?
As each year comes to an end, a golden opportunity awaits real estate agents, brokers, realtors, developers and property managers. November, December, and January mark the peak season for real estate agency transactions, fueled by an influx of money-loaded holidaymakers, expatriates and the diaspora fondly referred to as the Ba-Summer or Nkuba Kyeyo or Kadama.These individuals, primarily returning from the Middle East, UK, and USA, are eager to invest in properties for personal use or as future income sources. The arrival of these Ugandans from the diaspora is your moment to shine as an agent, broker, realtor or developer, and the Real Estate Database (RED) is here to amplify your reach. Denis Musoke, the founder of Rentwide Limited, has confirmed that "inquiries are currently pouring in from the RED everyday, leading to more deals being closed at a faster rate". He adds that his real estate agency business is currently thriving and has become increasingly predictable, with prope
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BUILD YOUR SUCCESS IN REAL ESTATE, BRICK BY BRICK.
Success in real estate doesn't happen overnight. It's a journey that requires dedication, strategy, and an unwavering commitment to long-term goals. Whether you're an aspiring investor, agent, or developer, building a thriving real estate career or portfolio is like constructing a sturdy house, one brick at a time. Here's how you can build your own real estate success, brick by brick. 1. Lay a Solid Foundation: Education and Research.
Just as every building starts with a foundation, your success in real estate should begin with thorough research and education. Learn about market trends, legal regulations, financing options, and property values. Whether you're reading books, attending seminars, or working with mentors, staying informed is crucial. You wouldn't start constructing a house without understanding its blueprints, so don't dive into real estate without the knowledge to back your decisions.Key Resources:- Online courses in real estate and property management- Local rea
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REAL ESTATE AGENT COMMISSIONS, ARE THEY JUSTIFIED OR EXCESSIVE?
Buying or selling a property is a significant financial transaction, and for most people, it's one of the most substantial investments they'll make in their lifetime. When engaging in the real estate market, many individuals seek the assistance of a real estate agent to navigate the complexities of the process. However, one aspect that often raises questions and sparks debates is the commission structure that agents charge for their services. Are real estate agent commissions justified, or do they lean towards being excessive? In this blog post, we will delve into the topic and explore both perspectives.
Understanding Real Estate Agent Commissions
Real estate agent commissions are typically calculated as a percentage of the final sale price of a property. The industry standard can vary, but it often ranges from 3% to 10% of the sale price. The commission is typically split between the buyer's agent and the seller's agent, with each receiving a percentage of the total commission.
J
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THE HOTTEST REAL ESTATE (INVESTMENT) LOCATIONS WITHIN WAKISO DISTRICT.
Wakiso District, located in central Uganda, is a bustling region known for its rapid urbanization and growing real estate market. Within the district, several areas have emerged as popular destinations for property investment and residential living. In this blog, we will explore the most populous real estate locations in Wakiso District, highlighting their unique features and attractions.
Kira: Kira is a vibrant and rapidly developing town within Wakiso District. Its proximity to Kampala, the capital city, makes it an attractive location for both residential and commercial real estate. Kira offers a range of housing options, including modern apartments, townhouses, and standalone houses, making it a preferred choice for many homebuyers.
Namugongo: Known for its religious significance as the site of the Namugongo Martyrs Shrine, Namugongo has experienced substantial real estate growth. The area offers a mix of residential and commercial properties, with various housing style
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AN ENCÓUNTER WITH A CRAZY PROPERTY BUYER.
Buying or selling a property can be a nerve-racking experience. It is a time when emotions can run high, and it is not uncommon to come across eccentric or difficult buyers. Moses Musoke, a real estate agent, had one such experience when he encountered a crazy property buyer during a property tour in the presence of the property owner.
It was a beautiful day, and Moses was handling his duties just like any other real estate agent. The seller had listed his property for sale, and Moses was in the process of showing it to potential buyers. One of the potential buyers he encountered was a man who seemed to be in his mid-40s. Let's call him Mr. Bolingo.
At first, Mr. Bolingo appeared to be a regular buyer. He asked the usual questions about the property and seemed interested in making an offer. However, as they walked through the property, Moses began to notice that Mr Bolingo was behaving strangely. He was muttering to himself, laughing at odd moments, and taking pictures of str
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PROPERTY MANAGERS ARE MISSING IN THE LANDLORDS AND TENANTS ACT
Property managers are (in)famous for evicting tenants. A tenant who was once thrown out of his apartment (read premises) will never forget the property manager who threw him out.
It so happens that most of the times I have interacted with property managers, they will occasionally make or receive a call from a problematic tenant and then exchange tough words in my presence.
The very first property manager I interacted with in Uganda is called Andrew Mukiibi from Premier Property Lettings Ltd, that was way back in 2006 when i was trying to make my entry into the real estate industry, at that time, his office was on 1st street, next to what was then known as Ange Nior Discotheque.
When I went to his office, I found him in a very horrible mood as he was in the midst of a heated and lengthy phone argument with a problematic tenant at the time when I arrived.
I even contemplated rescheduling my meeting with him based on the assumption that our meeting may be affected by his mood, and thu
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