2 bedroom Apartment block for sale in Seeta Wakiso Uganda, code: 197867
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Apartment block
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14 RENTAL UNITS ON SALE IN SEETA NAMUGONGO ROAD AT 75M ON 14 DECIMALS
Introducing a lucrative investment opportunity in Seeta, located on the bustling Namugongo road within the Wakiso District. This prime location is home to a well-maintained apartment block for sale, consisting of 14 rental units. The property boasts a spacious compound and ample parking, ensuring convenience for both tenants and visitors. Each unit is equipped with a balcony, built-in wardrobes, and a tiled roof, providing a comfortable and modern living experience. With 1 bedroom and 1 bathroom in each unit, this property is perfect for young professionals or small families. And with a monthly earning potential of 6 million Shillings, this investment is sure to bring in a steady stream of income. The property sits on 14 decimals of land, making it a valuable and secure asset. Additionally, the wall fence provides privacy and security for both tenants and the property itself. Don't miss out on this opportunity to own a piece of Seeta's thriving real estate market.
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SCAN QR CODE
197867
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42 RELATED PROPERTIES
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HOW TO SEE THE LATEST HOMES ON THE UGANDAN MARKET BEFORE ANYONE ELSÈ DOES.
Whether you're a first-time homebuyer, an investor, or someone looking to upgrade their living space, staying ahead of the curve is crucial. Fortunately, technology has made it easier than ever to be the first in line for your dream home. In this blog post, we'll explore how you can get a competitive edge by using the Real Estate Database (RED) App, available on the Google Play Store.What Exactly is The RED App.The RED App is a game-changer for anyone in the Ugandan real estate market. It's a powerful tool that puts the latest property information at your fingertips, allowing you to be among the first to discover new homes as soon as they hit the market. Here's a step-by-step guide on how to make the most of this innovative app.1. Download and Install.Start by heading to the Google Play Store on your Android device. Search for the Real Estate Database App and download it to your smartphone or tablet. The app is user-friendly and doesn't require any special technical skills.2. User Regi
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CAN UGANDA’S WORKING CLASS AFFORD A 3-BEDROOM HOUSE? THE NUMBERS DON’T LIE.
Every Ugandan dreams of owning a decent home. For many, that dream is a modest 3-bedroom house, enough space for a family, privacy for guests, and a touch of dignity. But how realistic is that dream for formal sector workers in today's economy?
Formal working class employment brings structure, stability, and access to credit, including mortgages. But access does not equal affordability. Most banks in Uganda offer a home loan or a mortgage with interest rates hovering around 17%, stretched over 20 years, and require a down payment of at least 20%. For someone earning UGX 1.2 million per month, that math matters.
Financial experts agree: no more than 35% of your monthly income should go toward housing. That caps the repayment capacity at UGX 420,000 per month. Under these terms, such a worker qualifies for a mortgage of about UGX 50.55 million.
Add a 20% down payment to that loan, and the total affordable house value rises to about UGX 62 million to UGX 69 millio
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ARE YOU SEARCHING FOR NEW LISTINGS ONLY, THERE IS AN APP FOR THAT IN UGANDA.
If you're looking for only the latest property listings in Uganda, there's a convenient app available on the Play Store that caters to your needs. Meet the Realtor.Ug App, a powerful property search engine that utilizes Artificial Intelligence (AI) to gather listings from various real estate websites and agents. With this app, you can effortlessly explore all the available properties in one comprehensive list.
To get started, simply visit the Play Store and search for "Realtor Uganda" to download the Realtor.Ug App. Alternatively, you can click here to go directly to the App download page. Once downloaded, install the app on your phone and you're ready to go.
Utilizing the app is a breeze. Make use of the search box to enter specific details about the property you're interested in. Ensure that your search text includes relevant keywords such as "Just listed," "New listings," "Newly uploaded," "New properties," "Fresh listings," or "Fresh properties," among others.
For example, you
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WHY THE REAL ESTATE DÁTABASE (RED) DOESN’T HAVE SALES TRANSACTION DATA.
Ever wondered why you can scroll through local property portals all day and still not see the actual transaction history? That's because property sales in Uganda don't play out like stock trades with neatly published figures, and thus The Real Estate Database (RED) doesn't have property sales transaction data, and for good reason. Property deals and related transactions are usually closed offline, away from the spotlight, often behind closed office doors or at someone's dining table.
"So, what's the last price?" said every curious buyer.
What you see online on RED are asking prices. Think of them as price tags in a shop window, except in real estate, those tags are always negotiable. When the sales agreement hits the table, the final figure can swing lower depending on the parties involved. Some agents reading this might nod in agreement, you've probably had a buyer whisper, "But I got it for much less than what was listed." That gap between the asking price and the signed deal is
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ENTER YOUR DETAILS BELOW AND BONNY WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 197867
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