1 bedroom Apartment block for sale in Bbunga Kampala Uganda, code: 221640
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Apartment block
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4 APARTMENT FOR SALE IN BUNGA
Introducing a great investment opportunity in the bustling neighborhood of Bunga, located along the popular Gaba road within the Kampala District. This property boasts 40 spacious apartments, each consisting of 1 bedroom and a sitting dining room. With one of the bedrooms currently being rented out at 1.5 million Ugandan Shillings per month, this brings the potential monthly income to a total of 60 million Ugandan Shillings.
But that's not all, as this apartment block is also available for sale at a negotiable price of 1.5 million US Dollars. The land tenure for this property is Mailo Land, providing a secure and valuable investment for the future. The total land size is an impressive 50 decimals, providing ample space for future development or expansion.
This property is not just about the numbers, it also offers a range of amenities for the comfort and convenience of its residents. These include a modern bathroom in each apartment, ensuring privacy and comfort for tenants. The location of the apartment block also offers easy access to nearby shops, restaurants, and entertainment options.
Don't miss out on this rare opportunity to own a prime property in the sought-after area of Bunga. With its potential for high rental income and a prime location, this is an investment opportunity that cannot be missed. Contact us today to schedule a viewing and make this property yours before it's too late!
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SCAN QR CODE
221640
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57 RELATED PROPERTIES
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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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STOP MISLABELING LAND: WHY THE MULTIPURPOSE LAND CATEGORY MIGHT BE ḰILLING YOUR SALE.
You may think you're being flexible. But calling land "multipurpose" might be the biggest mistake you're making.
Stat data shows that most buyers on the Real Estate Database (RED) are not looking for land that "can be used for anything." They're usually looking for land that serves one specific purpose, and they want to find it fast.
When you upload land as MULTIPURPOSE LAND without a clear reason, you risk making your listing invisible to serious buyers, here's why.
Take this example: A real estate agent listed a five-acre plot in Kayunga as "Multipurpose Land." Weeks passed with no interest. After reclassifying it as "Agricultural Land," and updating the description to highlight its fertile soil and proximity to a water source, the inquiries came within 24 hours. The land was sold within a month.
Buyers searching for land on RED often filter by purpose, residential, agricultural, industrial. When your listing is marked "Multipurpose land," It kind of vanishes from the relm of u
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THE IMPORTANCE OF FINDING A MENTOR IN REAL ESTATE.
Finding a mentor in real estate can be an invaluable asset to your career. A mentor can offer you guidance, advice, and support as you navigate the complexities of the industry, helping you to develop your skills and grow your business. In this blog, we will discuss the importance of finding a mentor in real estate and the benefits that come with having one.
Access to knowledge and expertise
Real estate can be a complex and ever-changing industry, and having a mentor with years of experience can provide you with valuable insights into the industry. A mentor can help you understand the nuances of real estate, including the different types of properties, the best investment strategies, and the latest market trends. They can also offer guidance on how to overcome common challenges, such as financing, tenant management, and property maintenance.
Networking opportunities
One of the most significant benefits of having a mentor in real estate is the opportunity to network with oth
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ENTER YOUR DETAILS BELOW AND VILLAREAL WILL CALL YOU BACK REGARDING THE PROPERTY WITH CODE# 221640
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