Land is currently one of the most marketable commodities in the real estate sector in the Ugandan economy. This means that, whether you want to start small by buying an acre, or bigger by buying many acres of land for business development, it is possible to do this by dividing the land up into portions to facilitate these demands.
Shakib Nsubuga, Country Manager of Lamudi Uganda, said: “Land is one the most marketable commodities in the sector at the moment. Investors especially developers need land for property developments and with the growth of the real estate sector in the country this demand has skyrocketed.”
This week Lamudi shares with you some of the most affordable places to buy land in Uganda.
This is one of the areas in the country that is most affordable to buy land in Uganda. Lugazi is situated in Buikwe District on the Kampala-Jinja Highway, approximately 45 kilometers from Kampala.
Lugazi is also located approximately 23 kilometers from Mukono. The Kampala-Jinja highway movement to and from Lugazi to the city center has improved making it convenient for people looking to invest in this area. One can find land in this area in the price range of 6,000,000 Ugx – 8,000,000Ugx for an acre.
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The price of land is between 5,000,000Ugx – 10,000,000Ugx for 50 by 100 plots of land, this makes it one of the most affordable places to buy land. Zirobwe is found in Luwero district and is approximately 75 kilometers from Kampala which makes it a convenient yet affordable.
Mukono district is one of the fastest growing urban areas in Uganda and this makes it one of the most popular places to buy land or own property. Mukono is approximately 27 kilometers east of the central business district of Kampala. Land in Mukono can be bought starting at an affordable price of 6,000,000Ugx for a 50 by 100 plot of land depending on your bargaining power.
Maya is located approximately 15 kilometers near Kyengera southwest of Kampala. With the renovations of the Kampala-Masaka highway it is now convenient and easy to travel to and from the City center. Maya is one of the affordable places in Uganda to buy land with land prices ranging from 6,000,000 Ugx to 10,000,000 Ugx for 50 by 100 plots of land.