Development of Residential Apartments in the suburbs of Kampala. The Apartments will be 20 and will include swimming pool, gym and other amenities. Real Estate in Uganda is booming and the need for residential units is growing exponentially. The investment can be a hybrid investment, however further discussions can be held to discuss the more favourable terms.
The 1st Residential Housing project includes 1 or 2 blocks with 10 units each, totalling to 20 units (this can be increased).
The project shall be situate on 0.5-1 acre of land
Estimated cost of USD 2, 000, 000. This will include, final municipal approvals, constructions costs, land purchase costs
SaleProfit after tax:Less operating expenses (which will include Admin, Transport costs, telephone, utilities, Rent, Bank charges, Advertisement, Consultancy/Audit)-estimated at 50, 000-100, 000.Tax chargeable is 15% incase of sale. These can be sold for between 150, 000usd to 350, 000 depending on the location.
Rental collections (Company) In case of rental collections the rent collected monthly will vary from USD 1500 to USD 3500 per unit. Tax charged will be calculated at 30% off the annual rent income for each unit less operating expenses like security, utilities e.t.c.
Amenities
Electricity is reliable, water constant, plenty of private space.
Beautifully landscaped gardens
Access controlled entry to apartment blocks
CCTV Camera
Adult swimming Pool
Gym
Kids Play area
Kitchen Finishes:Ceramic tiles, Suspended moisture resistant gypsum board
Bedroom Finishes:Porcelain Tiles, Specialist paint or wall paper, Full height glass windows in rooms for views and ambience
Market analytics
Development of Residential Apartments in the suburbs of Kampala. The Apartments will be 20 and will include swimming pool, gym and other amenities. Real Estate in Uganda is booming and the need for residential units is growing exponentially. The investment can be a hybrid investment, however further discussions can be held to discuss the more favourable terms.
The 1st Residential Housing project includes 1 or 2 blocks with 10 units each, totalling to 20 units (this can be increased).
The project shall be situate on 0.5-1 acre of land
Estimated cost of USD 2, 000, 000. This will include, final municipal approvals, constructions costs, land purchase costs
SaleProfit after tax:Less operating expenses (which will include Admin, Transport costs, telephone, utilities, Rent, Bank charges, Advertisement, Consultancy/Audit)-estimated at 50, 000-100, 000.Tax chargeable is 15% incase of sale. These can be sold for between 150, 000usd to 350, 000 depending on the location.
Rental collections (Company) In case of rental collections the rent collected monthly will vary from USD 1500 to USD 3500 per unit. Tax charged will be calculated at 30% off the annual rent income for each unit less operating expenses like security, utilities e.t.c.
Amenitis
Electricity is reliable, water constant, plenty of private space.
Beautifully landscaped gardens
Access controlled entry to apartment blocks
CCTV Camera
Adult swimming Pool
Gym
Kids Play area
Kitchen Finishes:Ceramic tiles, Suspended moisture resistant gypsum board
Bedroom Finishes:Porcelain Tiles, Specialist paint or wall paper, Full height glass windows in rooms for views and ambience
The project is a hybrid project
Firstly the project is self-advertising. But addition o special amenities like swimming pool, gym and sauna will draw alot of attention
This will include online presence, tv adds, and special financing options that will attract buyers like mortgage arrangements with various banks.
Uganda, Kampala, kampala
Project price: 2 000 000
Investments volume: 2 000 000
Stage: Project is at development stage
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Openy Emmanuel