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Residential properties

REAL PROPERTY TAXES IN UGANDA

REAL PROPERTY TAXES IN UGANDA

REAL PROPERTY TAXES IN UGANDA By the end of this article, you should be able to know. Meaning of property tax The Law How Does Property Tax Work? Property Valuation How To Calculate Property Tax Property Tax: What It Is, What It Does and How It’s Calculated Property tax is an assessed fee based on the value of a property. And it is just one of many expenses that must be accounted for...

How Landlord, Tenant Act will reform tenancy in Uganda

UGANDA LANDLORD TENANT ACT 2022

How Landlord, Tenant Act will reform tenancy in Uganda Purpose: President Museveni on June 10th, 2022 assented to the Landlord and Tenants Bill. The purpose of the Bill is to regulate the relationship between the landlord and the tenant, to reform and consolidate the law relating to letting of premises, to provide for the responsibilities of landlords and tenants in respect to the letting of premises...

Landlord Responsibilities in Uganda, Every Landlord Should Know

RESPONSIBILITIES OF LANDLORDS

Landlord Responsibilities in Uganda, Every Landlord Should Know Being a landlord - ongoing responsibilities of landlords in Uganda One of the hardest jobs facing any landlord is trying to find a good tenant. Comprehensive screening services can certainly make this part of the process easier. But finding a good tenant is just part of the job. A landlord’s responsibilities do not end when the lease is...

How to make money from property in Uganda

HOW TO MAKE MONEY FROM PROPERTY

How to make money from property in Uganda. If you’re wondering how to make money from property, look no further than buy to let. Buy to let investment is one of the most popular and lucrative investment methods out there. By purchasing a buy to let property, investors can generate attractive returns and benefit from ownership of a valuable asset in the Uganda property market. Before getting started...

Buying property in Uganda

BUYING PROPERTY IN UGANDA

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...

Uganda Residential Tenancy

RESIDENTIAL TENANCY AGREEMENT

Uganda Residential Tenancy Agreement Explained. Finding a place is hard enough. When it comes to signing the Residential Tenancy Agreement, or rental agreement, it’s a whole other ballgame. Read on as we break down what you need to know and pay attention to regarding Residential Tenancy Agreements. What is a Residential Tenancy Agreement? The Residential Tenancy Agreement is a mandatory contract you...

Buying in Off Plan Property in Kampala Uganda today

BUYING OFF PLAN PROPERTY IN UGANDA

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...

rental rates for your investment properties in Uganda

DETERMINE RENTAL RATES

How to determine the rental rates for your investment properties in Uganda When considering rental investment property you’ll likely see the property sale price advertised and if it’s an existing buy-to-let with a history of being let or a purpose-built rental property there will also be an expected yield advertised. This rental yield might be guaranteed for a certain amount of time which means you...

How to protect yourself from rental scams in Uganda

RENTAL SCAMS IN UGANDA

How to protect yourself from rental scams in Uganda? How to avoid rental scams? As law abiding and polite as Ugandans might be, there are a few bad apples out there who attempt to scam renters. It’s no surprise that apartment rental frauds exist in Uganda, especially in the hottest rental markets such as Ntinda and Kololo. In fact, 30% of renters throughout Uganda have encountered fake ads. In most...

How to get rid of bad tenants in Uganda

BAD TENANTS IN UGANDA

How to get rid of bad tenants in Uganda Too often landlords in Uganda make the mistake of accepting unsuitable tenants in a moment of desperation. Of course, losing one or two month’s rent isn’t ideal for cash flow, but a bad tenant can prove far more costly, creating serious headaches, causing expensive damage, or, in the worst cases, a ‘professional tenant’ might avoid paying up to 6 month’s...

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