Rental Houses For Sale In Uganda

Rental Houses For Sale In Uganda

What is Rental House?

Renting, also known as hiring or letting, is an agreement where a payment is made for the temporary use of a good, service or property owned by another. A gross lease is when the tenant pays a flat rental amount and the landlord pays for all property charges regularly incurred by the ownership.

What do I need to know when renting for the first time In Uganda?

Set your budget. First thing’s first – it is a good idea to create a budget.

Decide on your non-negotiables.

Prepare your application.

Find a property.

Inspect the property.

Approval.

Preparing for the move.

Moving day.

What to check while renting a house In Uganda?

Check the Floors, Walls, and Carpets for Damages or Stains.

Check the Windows, Lights, and Light Switches to Ensure they Work.

Check the Thermostat and HVAC (Heating, Ventilation, and Air Conditioning) System.

What is the rule for rental property In Uganda?

Following the 2% rule, an investor can expect to realize a gross yield from a rental property if the monthly rent is at least 2% of the purchase price. To calculate the 2% rule for a rental property you need to know the property’s price. You could then take that number and multiply it by 0.02.

What questions should you ask when renting a house In Uganda?

What’s the rent?

How much do you need to move in?

Do you need a guaranteer?

Who pays for utilities?

Are there any other fees you’ll have to pay?

What does the lease say about the security deposit?

What’s the lease term?

What do I need to do before renting my house In Uganda?

Gas, fire, furnishing and electrical safety requirements.

Energy Performance Certificates (EPC)

Tenant vetting.

Inventory and schedule of condition.

Tenancy Agreement.

Correct buildings and contents insurance.

Dealing with late rent or rent arrears.

Tenancy Deposits.

What is the price for Rental House In Uganda?

2bdrm Apartment in Muyenga, Central Division for Rent

USh 600,000

2bdrm House in Kira Town, Central Division for Rent

USh 600,000

Furnished 1bdrm Apartment in Central Division for rent

USh 1,000,000

Furnished 1bdrm Apartment in Buziga, Central Division for Rent

USh 1,200,000

What to do when you first move into a rented house In Uganda?

Be certain about your deposit. Check your deposit is in one of the tenancy deposit schemes.

Double check your inventory.

Test smoke alarms.

Turn on your taps.

Check all fixtures and fittings.

Take meter readings.

Browse energy supplier options.

Locate the essentials.

Locate the essentials.

How to make money on rental property In Uganda?

Rent Out Fully Furnished Apartments and Rooms.

Offer Additional Storage Space.

Minimize Resident Turnover.

Offer Additional Services and Amenities.

Reinvest Your Rental Income Into More Rental Properties.

Where can I buy Rental House In Uganda?

Apartment and houses for rent and sale Kampala Uganda

Address: Kampala, Uganda

Phone: +256 756 377475

Spectrum Real Estate Solutions and Property Management Uganda

Address: Old Kira Rd, Kampala, Uganda

Phone: +256 709 220000

Maisha properties Ltd | Property Management | Hotels Bookings | Houses For Rent | Houses For Sale

Address: Kampala, Uganda

Phone: +256 750 004943

Cheap Apartments Uganda

Address: 9H9X+PQX, Bahai Road, Kampala, Uganda

Phone: +256 785 842507

Moon light properties ltd

Address: Kampala, Uganda

Phone: +256 701 779645

Houses For Sale Uganda

Address: plot 960, Kampala, Uganda

Phone: +256 704 311886

Eliberts Real Estate (U) Ltd

Address: Plot 70 Bukoto Street, UNIT G-2, Africa 2000 Network Building, Kampala, Uganda

Phone: +256 776 470201