1 bedroom Semi Detached for rent in Bulenga Wakiso Uganda, code: 216193
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EXECUTIVE DOUBLE ROOM HOUSE FOR RENT IN BULENGA.
Experience comfortable and convenient living in this charming 1 bedroom, 1 bathroom semi-detached rental located in the bustling district of Wakiso. Nestled in the vibrant area of Bulenga on Bulenga road, this property offers easy access to nearby shops, restaurants, and entertainment options. Boasting a price of 300,000 Shillings, this rental is an excellent value for its prime location. With amenities such as built-in wardrobes, CCTV surveillance, ample parking, and a well-maintained paved compound, you can rest assured that your safety and comfort are top priorities. Enjoy a leisurely stroll or let the kids play in the spacious compound and playground while being reassured by the presence of security guards. The property also features a veranda, wall fence, septic tank, soak pit, and a water tank for your convenience. Don't miss out on the opportunity to make this your new home!
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🚪Built in wardrobes
🎥CCTV
🚘Lots of parking
💠Paved compound
🏘️Playground
👮Security guards
🕳️Septic tank
🕳️Soak pit
🏞️Specious compound
🏡Veranda
🚧Wall fence
🚰Water tank
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100+ RELATED PROPERTIES
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THE REAL ESTATE BILL 2024: A CRITICAL ANALYSIS.
The draft "Real Estate Bill, 2024" is a bold attempt to streamline the real estate sector, offering much-needed regulation and clarity. However, a deeper dive into its provisions reveals significant adjustments that require immediate attention. Below is a critical analysis of the bill's strengths, weaknesses, and areas needing refinement. Title of the BillThe title of the bill could be: "The Real Estate Agency and Development Bill". Without the inclusion of the phrase "agency and development", the term "real estate business" or simply "real estate" is overarching and ambiguous in scope. Adding "agency and development" provides specificity and clearly delineates the focus of the bill, ensuring it adequately addresses the primary aspects of real estate practice. Inclusion of Key StakeholdersFor avoidance of doubt, the bill could explicitly include real estate managers, brokers (locally referred to as Bulooka), realtors and other synonyms within the definition or reference of
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MORNING MARKET BRIEF - TUESDAY, DECEMBER 3, 2024
Introduction: Welcome to the Daily Morning Market Brief, your essential guide to understanding Uganda's dynamic real estate market. This report is a must-read for anyone looking to stay informed about the local property market. Never begin your day or morning without this report from the Real Estate Database (RED). Otherwise, you risk missing the pulse of the local real estate market.Overview: The Ugandan real estate market is experiencing significant growth. Urbanization, population growth, and increased investment in infrastructure are driving demand for both commercial and residential properties across the country.Snapshot: The market is currently witnessing an increase in demand for affordable housing in urban areas such as Kampala, Jinja, and Entebbe. Meanwhile, the demand for office space and retail outlets remains stable in these commercial hubs.Update: Recently, there has been a surge in the construction of mixed-use developments in suburban areas like Wakiso and Mukono. These
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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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REAL ESTATE IS ONLY FOR THE BRAVE, NOT THE FAINT HEARTED.
If you're looking for an investment that's not for the faint of heart, then real estate might be the perfect choice for you. Real estate investing can be incredibly lucrative, but it's not for everyone. Only the brave are cut out for the challenges that come with investing in real estate.
Here are some reasons why real estate is only for the brave.Risk. Real estate investing comes with a significant amount of risk. You need to be able to handle the stress that comes with investing in a property that may not pay off in the long run. There's always the possibility that the market could turn against you, or that you could make a mistake that costs you a lot of money.High Entry Costs. Investing in real estate requires a significant amount of capital. You need to be able to put down a substantial down payment and have enough money to cover any unexpected expenses that may come up during the investment process. This can be daunting for many investors.Fraud.
Fraud is also a signific
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HOW TO START YOUR CAREER AS A REAL ESTATE AGENT IN UGANDA.
Entering the dynamic world of real estate in Uganda can be an exciting and rewarding journey. As a real estate agent, you will have the opportunity to help people find their dream homes, guide investors in making wise property decisions, and contribute to the growth of Uganda's real estate market. In this blog, we'll explore the steps to kickstart your career as a real estate agent in Uganda, offering insights and tips to set you on the path to success.1. Understanding the Ugandan Real Estate Market:Before diving into a real estate career, it's crucial to familiarize yourself with the local market trends, property values, and legal regulations. Uganda's real estate market has experienced significant growth in recent years, presenting ample opportunities for newcomers.2. Educational Requirements:While there are no strict educational requirements to become a real estate agent in Uganda, having a background in business, finance, or a related field can be advantageous. Additionally, consid
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HOW TO DEAL WITH FAILURE AS A FIRST TIME REAL ESTATE AGENT.
Embarking on a career in real estate can be both thrilling and challenging, especially for first-time agents. While the industry holds vast potential for success, it also comes with its fair share of obstacles. One such obstacle is the inevitability of facing failure. Whether it's a lost deal, a rejected offer, or a difficult client, setbacks are an inherent part of the real estate journey. Learning how to deal with failure is crucial for not only surviving but thriving in this competitive field.1. Acknowledge and Embrace Failure:One of the first steps in overcoming failure is acknowledging it. Understand that setbacks are a natural part of any profession, especially in the dynamic world of real estate. Rather than viewing failure as a roadblock, see it as an opportunity for growth and learning. Embrace the experience, and use it to fuel your determination to succeed.2. Reflect on the Experience:Take the time to reflect on what went wrong and why. Was it a lack of market knowledge, ine
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STRATEGIES THAT SEASONED REAL ESTATE AGENTS EMPLOY TO THRIVE IN A SLOW MARKET.
Seasoned agents understand the importance of adaptability and resilience. A slow market, characterized by slow sales, reduced demand, and stagnant property values, poses unique challenges that require a strategic approach. In this blog, we'll delve into the strategies employed by seasoned real estate agents to not only survive but thrive in a slow market.1. Market Expertise: Knowledge is Power. Successful real estate agents in a slow market are well-versed in local market trends. They constantly update their knowledge about the current economic conditions, interest rates, and any external factors that may impact the real estate landscape. This expertise allows them to provide valuable insights to clients and navigate the market with confidence.2. Strategic Pricing: The Art of Balance. Seasoned agents understand the delicate balance of pricing properties in a slow market. They leverage their market knowledge to set realistic and competitive prices that attract po
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HOW DO REAL ESTATE AGENTS IN UGANDA SHARE COMMISSION?
Are you curious about how real estate agents in Uganda share commission? It's a topic that's often shrouded in mystery and can lead to heated disputes between agents and parties involved in a transaction. But fear not, we've got the inside scoop on the common practices for sharing commissions in Uganda.
We will provide an in-depth analysis of the various methods of commission sharing in real estate, including equal splits and negotiated deals. By understanding these approaches, you will be well-equipped to navigate the market with confidence. It's important to note that commission sharing typically involves two groups of agents in each transaction: the buyers' agents and the sellers' agents. With this knowledge, you can prepare for an informative journey through the fascinating landscape of commission sharing in Uganda.
In Uganda, it is not uncommon for real estate agents to refer property buyers to one another and anticipate sharing the commission, particularly if they
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QUESTIONS EVERY AGENT MUST ASK PROPERTY BUYERS.
Buying a property is one of the most significant investments that most people make in their lifetime. As a real estate agent, it is essential to understand the unique needs of each property buyer to help them make an informed decision. To achieve this, you need to ask your clients the right questions to get a clear picture of their preferences, budget, and lifestyle. Here are some of the questions every agent must ask property buyers:
What is your budget? One of the most critical questions that an agent must ask a property buyer is their budget. Understanding the budget helps the agent know which properties to recommend and helps them narrow down the search process. The budget can also help the agent know if the client needs to consider financing options.
What is your preferred location? Location is a crucial factor when buying a property. The buyer needs to consider factors such as proximity to schools, work, public transportation, and other amenities. Asking the client thei
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ENTER YOUR DETAILS BELOW AND IMMACULATE WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 216193
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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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