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...
AGRICULTURE & AGRIBUSINESS IN UGANDA The Agricultural Sector continues to be the most important sector in Uganda; it employs approximately 69% of the population and contributed about 26% to the GDP. The Government has increased the allocation to the agricultural sector budget to 65% increase. The main agricultural crops include grains, sugarcane, cotton, tea and Coffee which accounts for 20% of...
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...
How to Buy a House in Uganda Buying your very first home can be both an exciting and daunting process. Navigating the maze of finance, home loans and the property market can be challenging for even seasoned investors. So how are the newcomers meant to get their foot into the property market? The good news is there are lots of options and support out there for first time home buyers. The...
Four tips to increase the value of your home before selling it in Uganda Selling your home is always a time of excitement because it often means you’re moving somewhere new perhaps because of a work promotion or even a new addition to the family. Regardless of the reason, people buy and sell in every market, so it’s always wise to do what you can to potentially increase the sale price of your...
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...
Many real estate investors think that money will make or break a real estate deal. A lack of funds can stop a potential purchaser from bidding on a property. However, it is possible to purchase real estate with no money from the buyer's pockets. If the deal is right, the funding can easily fall into place. Although there are many ways an investor can purchase real estate without handing over a down...
The real estate industry is well known for being exciting, engaging and full of highly valuable assets. It provides entrepreneurs with grounds for establishing thriving enterprises. Many people have delved into it and made a fortune. Therefore, it attracts investment regularly. For you to perform well in the real estate industry, it is important to get some real estate advice about these high value...
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