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Question:
what is the minimum required capital for a Real estate business
Answer:
Answer:
As a Real Estate Broker you will need money to Register your company, open up an office in a prime area, hire a few staff , pay for advertising in the Uganda newspapers. This could cost no more than some UGX10M.
As a developer you will need enough money to buy the land and construct houses which you sell, and this is much more money, the range could be USD100,000 to 1USD million to Hundreds of Millions of dollars.
If you could let us know the amount of financing you're able to raise,
then we shall recommend to the most appropriate Uganda real estate business you could venture into.
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