Home buyers

HOME BUYING PROCESS IN UGANDA If you've never done it before or been through the process, buying a property in Uganda may be a challenging procedure with many moving pieces. There is much to learn, and you should be aware of and careful of.  The majority of the parts of the home buying process, including choosing an agent, getting financing, finding the ideal home, the due diligence procedure, and even...

TYPES OF PROPERTY TAXES IN UGANDA Property tax Rental income tax Capital Gains Tax Withholding tax Stamp duty Property Tax (Rates) Property rates in Uganda are levied by local government councils. Property tax is an old tax but almost died a natural death until the enactment of Local Government (Rating) Act in 2005, when it was revived and became active. The current rating is...

How A Home Inspection Helps Buyers Evaluate A House in Uganda You’ve found the home of your dreams and you’re ready to make an offer on it – congratulations! After celebrating the moment, it’s important to prepare for the work needed to complete the purchase. This includes completing any inspections on your possible future home. A basic home inspection provides a general overview of the...

Why Should Use a Real Estate Agent in Uganda? The real estate industry is one characterized by constant change – there are several variables including prices, inventory levels, availability, etc. that cause the market to fluctuate. The housing market can be extremely unpredictable and is highly influenced by the economy, both nationwide and locally. In any transaction, but especially one as important...

Buying property in Uganda What should a consumer keep in mind while purchasing an apartment? Some of the factors to consider while purchasing an apartment are: Locality i.e. transport, schools, hospitals, market, business district, entertainment centers, hotels, restaurants, pollution levels, etc. Quoted area of the flat, i.e., carpet, built up area and super built up area Car parking...

How To Get A Mortgage For A Rental Property in Uganda Want to purchase a rental property and need to raise funds in order to do so? How do you get a mortgage for a buy-to-let property in Uganda? If you’re well prepared and work with the right professionals, obtaining lending and purchasing an investment property can be straight forward. Be prepared Before speaking to a bank about getting a...

Your Essential Guide To Property Buying in Uganda Some people are purchasing real estate to get started off as an investor, while others are just looking for a nice family home to move into. Where ever you fall on the real estate spectrum, you need to be informed as a buyer before you put your money down and purchase property. These tips will help you. To make sure you get a good home, you should pay...

IMPACT OF 2021 UGANDA PRESIDENTIAL ELECTIONS ON REAL ESTATE In a campaign marked by violence, killings, arbitrary arrests and internet shutdown, voter intimidation and irregularities in vote tallying. Uganda’s electoral commission declared incumbent Museveni the winner of the country’s presidential election, extending his 35-year rule. One question still remaining, what does this mean for the real...

Tips to help landlords in Uganda keep properties properly maintained You want the most return on investment for your property. This means keeping your rental property occupied with good, reliable tenants. One of the ways to do this is with preventative maintenance. Not only can this help keep tenants happy, but it also helps you by potentially avoiding larger, more costly issues down the road. And, when...

SUSTAINABLE HOUSING IN UGANDA Sustainable Housing Infrastructure Think of the word home, and you may conjure up an image of a cozy bungalow, high-rise condo, or tidy garden apartment. Homes shape our communities, guide our relationships, characterize our identity, create intimacy and increasingly prove vehicles for funding retirement. Since 2008, average home prices have risen by 50% pushing...