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89 search results, Apartments for sale (Sponsored)
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WHAT DOES THE HOLY QURAN SAY ABOUT THE REAL ESTATE INDUSTRY, AGENTS, REALTORS, AND BROKERS?
Real estate is a critical aspect of human society, providing shelter, security, and a place to conduct business. As such, it is natural to wonder what guidance religious texts offer on this essential part of life. The Quran, Islam's holy book, provides profound insights into various aspects of life, including the ethical and moral principles that should guide real estate dealings. While the Quran does not specifically address real estate in the modern sense, it does offer valuable principles that can be applied to real estate transactions and ownership.
The Concept of Stewardship (Khilafah).In Islam, the concept of stewardship, or Khilafah, is central to the understanding of property and land ownership. The Quran emphasizes that everything on Earth belongs to Allah, and humans are merely trustees of the land. This notion is encapsulated in the verse:"To Allah belongs the dominion of the heavens and the earth and whatever is within them. And He is over all things competent." (Quran 5:1
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I DON’T WANT A MORTGAGE, I WANT DIRECT INSTALMENT PAYMENTS.
As the operator of the largest database of properties in Uganda, I often receive direct messages from individuals seeking advice on how best to make installment payments for their dream house or land that they have identified on the Real Estate Database (RED).
Considering their needs and specifications, I frequently guide such buyers to RED agents who can negotiate favorable installment terms with developers and landlords. Alternatively, I suggest exploring mortgage options by connecting them with an agent who can provide detailed information on the best available mortgage choices in the market.However, many of these individuals have installment requirements that do not align with the existing options offered by developers or banks. Additionally, a significant number lack a consistent income, the required credit score, or the necessary down payment to qualify for a mortgage. Some may have even attempted and failed the mortgage assessment interview at their banks. When such ind
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HOW MUCH DOES IT COST TO ACQUIRE A REAL ESTATE LICENSE AS A REALTOR OR BROKER OR AGENT IN UGANDA.
You're out there negotiating land in Mukono, showing houses in Wakiso, listing lake-view homes in Entebbe, and somewhere between site visits and phone calls, the question pops up.
How much does it cost to acquire a license as a realtor or broker or agent in Uganda?
You might expect a long checklist, specialized certifications, maybe a national board exam standing between you and your next commission. But here's the reality.
In Uganda, there is currently no special license required to become a realtor, broker, or agent. anyone can become a real estate agent as long as they have the latest listings on the market and can get buyers to buy them.
That surprises many people, especially buyers. So let's unpack what this really means for you as an individual agent trying to formalize your business and build something sustainable.
No special license, sounds easy, right.
Yes, there is no specialized national realtor license at the moment. What you require is a trading license from your l
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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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YOU SHOULD USE FLOOR PLANS FOR REAL ESTATE MARKETING.
When it comes to marketing real estate, having a well-designed and accurate floor plan can make a significant difference. Floor plans are essential tools for real estate agents, property managers, and developers. They provide a visual representation of a property's layout, room sizes, and overall functionality. In this blog, we'll explore why floor plans are crucial for real estate marketing and how they benefit both the buyer and seller.
Provides Accurate Representation of the Property.
Floor plans provide a precise and accurate representation of the property, which can be useful for potential buyers. They show the layout of the property, including the number and sizes of rooms, the position of windows and doors, and the flow of the property. This information can help buyers get a better understanding of the property's potential, enabling them to make informed decisions about whether it meets their needs.
Helps Buyers Visualize the Property.
Floor plans help buyers visuali
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WHICH ONES ARE THE MOST SECURE NEIGHBORHOODS IN KAMPALA.
In the fast growing city of Kampala, finding a safe and secure neighborhood to call home is a top priority for residents and newcomers alike. With a growing population and diverse communities, it's essential to navigate the city's various districts to identify the areas known for their safety and security. In this guide, we'll explore some of the most secure neighborhoods in Kampala, offering insights into what makes them stand out and why they are preferred by many residents. 1. Nakasero.Nakasero is often considered one of the safest and most upscale neighborhoods in Kampala. Located in the heart of the city, it is home to many government offices, diplomatic missions, and high end residential properties. The area is well patrolled by security personnel, and its well maintained streets and infrastructure contribute to its overall safety. Nakasero is surrounded by a range of city center amenities, including shopping malls, restaurants, and recreational facilities, making it an attractiv
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BUY A HOUSE OR LAND MPOLA MPOLA, PAY IN INSTALLMENTS.
Owning a home or land in Uganda has become even more accessible, thanks to the latest engagement between the Real Estate Database (RED) and Goldmine Finance. Through this new installment payment option, buyers can pay gradually for a house or land, easing the financial burden of making an upfront purchase. Here's how this program works and how you can take advantage of it. Why Mpola Mpola?For many aspiring homeowners, paying the full price of a property at once can be challenging. "Mpola Mpola," a Luganda term that means "slowly by slowly," reflects the idea of making manageable payments over time. This system opens the door to property ownership by allowing you to acquire land or a home through installments with the support of Goldmine Finance, a reputable finance company known for its slogan, "Smart Loans, Smart Results." How to Buy a Property Mpola Mpola With Installment Payments.The installment payment process is easy to follow:1. Identify Your Property: Browse properties listed on
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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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