1 bedroom Apartment block for sale in Seguku Wakiso Uganda, code: 213137
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Apartment block
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This 10-unit apartment complex, situated in the desirable area of Seguku Katale along Entebbe Road, presents an excellent investment opportunity. With a monthly income of 5 million Shillings, this property guarantees a steady return on investment. The price of 550 million Shillings is negotiable, making it an attractive option for potential buyers. The complex sits on 12 decimals of mailo land with a title, providing a secure and legal ownership. All 10 units are fully occupied, ensuring immediate and continuous income for the new owner. Each unit consists of 1 bedroom and 1 bathroom, ideal for small families or individuals. With its prime location and high demand for rental properties in the area, this apartment complex is a sound investment for those looking to expand their portfolio. Don't miss out on this opportunity to own a profitable and well-maintained property in one of Kampala's most sought-after locations.
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SCAN QR CODE
213137
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30 RELATED PROPERTIES
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WHAT IS THE MOST DIFFICULT QUESTION THAT PROPERTY BUYERS USUALLY ASK YOU AS A REAL ESTATE AGENT?
I recently embarked on a mission to determine the most difficult or tricky questions that property buyers ask real estate agents, the kind of questions that leave agents momentarily speechless as they struggle to cook up a coherent response, or those questions that make a real estate agent scratch his head while gazing at the sky. Below are the responses from several agents, some of whom you may know:
Alson from Rentwide says the trickiest question she encounters is: "What is the future value of this property?" Predicting a property's future value is challenging because it depends on numerous variables that can change rapidly based on the property's location, market trends, and economic factors. Since these variables are highly unpredictable, providing an accurate forecast is nearly impossible, making this one of the most difficult questions for any real estate agent to answer with certainty.
Patrick from Bags Agency finds that the toughest question he faces is: "Why is the seller
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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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DO YOU SUPPORT OR OPPOSE THE IDEA OF REAL ESTATE AGENTS CHÁRGING SEARCH FEES?
I previously engaged in a constructive phone dialogue with Dr. Rachael Mirembe, a distinguished figure within Uganda's real estate landscape. Our conversation stemmed from a past encounter on Twitter Spaces, during which we held differing opinions on the practice of real estate agents charging search fees. My intention of reaching out to her was to bridge our perspectives and establish common ground.
Initially, Dr. Mirembe strongly supported the elimination of search fees within the Ugandan real estate market, citing her experiences in South Africa where search/such fees were not customary. Her argument was centered on the belief that an agent's income should be derived solely from commissions earned after a successful sale and not from search fees.
However, our conversation led us to a shared understanding. We both recognized the necessity of search fees to deter time-consuming property tours by speculators and casual real estate enthusiasts also know as real estate to
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ENTER YOUR DETAILS BELOW AND DAVID WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 213137
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