The potential for investment returns from real estate in Kampala is well known. But accessing high quality opportunities for genuine international standards in residential construction is rare.
Increasing scarcity of high quality hilltop sites underpin values at the high end. On the demand side, both for sales and rentals, there are positive structural dynamics in strong economic growth, demographics and urbanization which will ensure continuing excess demand over the available supply.
Multinational oil companies and other corporate executives are actively seeking top grade accommodation and this need will increase over the coming years as production comes online.
Diaspora demand is already strongly indicated, as is local demand.
The rental market is probably even stronger than the market for sales. The opportunity to secure at todayâ€™s prices, a piece of scarce real estate with the potential for appreciation is clear.