Condominium Apartments

Helpful Tips for Buying a New Condominium in Uganda First, what is a condo? How does one define a condo? And how is it different than an apartment? A condo is a single residential unit that an individual owns inside a multi-family building. Structurally, an apartment building and a condominium complex are the same in that there are multiple units within one building, but the key difference is that...

Condominium Ownership in Uganda: What You Need to Know What do I own? As a condominium unit owner, you have purchased both an individual unit and an interest in the common elements of the condo corporation. What this means is that you have purchased a piece of real estate and have also become part of a wider community of owners that together make up the condo corporation. This shared ownership also...

What do condominium fees pay for in Uganda Some are young people buying their first property. Others are older and often have lived in a traditional detached house and have decided to downsize. Many choose to live in central neighbourhoods, where they enjoy walking to shops, restaurants and arts venues. Condo buyers also like the ease of condo living, knowing they will never have to maintain their own...

Affordable Housing in Uganda: How Investors Can Participate and Profit Affordable housing has been a long-running crisis in Uganda. Uganda has a housing deficit of approximately 1.7 million habitable housing units. It is reported that Kampala alone has a housing deficit of 550,000 units. It is further estimated that two decades from now Uganda will have a housing shortage of nearly 8 million units, of...

Roles of the Government in provision of affordable housing in Uganda  Large and rapid increases in the urban population have caused a crisis in housing in the third world countries. The struggle to solve the housing problems should not be viewed as exclusive public or private sector responsibility, but rather as product and responsibility of a collaborative partnership of not only the public and private...

Buying off plan condominium apartments tips in Uganda  If you are thinking about buying a property off-plan, it could be beneficial to consider the below tips to avoid the potential pitfalls of buying a house off-plan in Uganda. Research the developer online and read forums to see what people are saying. Visit the developer’s other sites to see the quality of their work. Negotiate with the...

Buying condominium Apartments Off-Plan Property in Uganda Buying a home that doesn’t exist sounds kind of crazy, but it could mean owning the property of your dreams. Off-the-plan deals sometimes get a bad rap. Investors claim buyers risk paying too much, and that they should always see exactly what they’re buying before parting ways with hundreds of thousands of shillings. But are their concerns...

Buying in Off Plan Property in Kampala Uganda today Buying in a property before it’s been built, known as off-plan, has become more attractive to buyers throughout the world and. It’s seen as a way to purchase a property at a discounted price ahead of a price rise on completion, essentially giving buyers instant equity in the property once completed. There are many pros and cons for investing in...