| |
Last Updated: Dec 7, 2005 |
| KAMPALA |
COST (US$) |
YIELD (p.a.) |
PRICE/SQ.M. (US$) |
| TO BUY |
MONTHLY RENT |
TO BUY |
MONTHLY RENT |
| 75 sq. m. |
65,000 |
350 |
6.46% |
867 |
4.70 |
| 100 sq. m. |
90,000 |
700 |
9.33% |
900 |
7.00 |
| 150 sq. m. |
130,000 |
1,000 |
9.23% |
867 |
6.70 |
| 200 sq. m. |
180,000 |
1,400 |
9.33% |
900 |
7.00 |
| 250 sq. m. |
220,000 |
1,800 |
9.82% |
880 |
7.20 |
| 300 sq. m. |
300,000 |
2,400 |
9.60% |
1,000 |
8.00 |
| 350 sq. m. |
360,000 |
2,800 |
9.33% |
1,029 |
8.00 |
| 500 sq. m. |
470,000 |
3,400 |
8.68% |
940 |
6.80 |
| Source: Global Property Guide |
The increase in supply and development and the refurbishing of existing supply is exerting downward pressure on rents, but yields are still quite high at around 8.6% to 10%.
Rents are around US$6 to US$8 per square metre (sq. m) per month (around Ugandan Shilling (UGS) 11,635 to UGS14,300). So the rent for a 200 sq. m. property would be around UGS2.5 million (US$1,358) per month.
Selling prices very widely from between UGS1.5 million and UGS10 million (US$815 to US$5,432) per sq. m.
There are no serious issues of security, power or water supply in the established expatriate areas, but it always helps to have a back-up generator.
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