Cheaper ways to get into the property market Not everyone has help from the bank of mum and dad or a six figure salary behind them. So, how can the rest of us afford a home? Rentvesting It isn’t only wealthy old people that can invest in property, rentvesting allows buyers within all price ranges to purchase a home in one area, rent it out to tenants and then live somewhere else. Is this...
Buying off the plan can be trickier than a regular purchase, but thousands of Ugandans do it every year. Buying off the plan is when you sign a contract to buy a dwelling before it has been built. If done correctly, it can deliver big rewards, namely in terms of location and price. But, as you might expect from a process that involves buying something that doesn’t yet exist, it’s also...
Estate Packages: Plots For Sale. Selecting a neighborhood, a block and builder can prove daunting, so to help get you started here is our new home buyers guide. The right estate To get an insider’s view on how to choose the right estate or ‘community’, I spoke with Senior Estate Developer in Uganda. When it comes to selecting the right community, start with your lifestyle and make sure...
Selling by Auction vs. private treaty ? If you're preparing to sell your home, are you better off selling via auction or private treaty? We outline the pros and cons of each option. Selling via private treaty A standard residential property transaction is known as a Private Treaty sale. This is when you set the price you’d like your house to sell for, and your real estate agent negotiates...
Modern Mud Homes: A New Take on Building In Africa It's a problem of expectations; when concrete and steel symbolize modernity, how does a humble mud home become architecture that's desirable? It's an important issue since new concrete construction, which relies on imported resources, often strains the budgets of middle-class families and results in dwellings unfit for the tropical environment. The...
Did you know that the total investment portfolio in real estate of all investment schemes in the country is only 7 per cent? What this means, is that of all Shs12 trillion collected in pension funds such as National Social Security Fund (NSSF) and occupational schemes (savings you voluntarily set aside while at your work place during your period of employment), only 7 per cent is invested in real...
© Spectrum Real estate Solutions – All Rights Reserved. Powered By Amacue