There are several ways to make money than building a property on it.
Depending on the size, resources available, and the location of your land, some ideas will take more effort than others. But overall, you will have a foundation on what to consider and think about how you can turn your vacant land into an investment.
Rwanda has been ranked fourth in investment attractiveness in Africa according to a latest ranking by the Rand Merchant Bank (RMB).
RMB is a leading African corporate and investment bank which is part of Firsthand Bank, one of the largest financial institutions on the continent.
In their 2021 release on top 10 investment attractive countries in Africa, RMB relied on indicators such as operating environments, fiscal score and development plan.
Rwanda notably moved up the ranking to be the fourth from the ninth place last year.
Polisi yerekanye abakekwaho gushaka kugurisha imitungo y’umuturage mu bwambuzi bushukana.
Mu gitondo cyo kuri iki Cyumweru tariki ya 18 Nyakanga Polisi y’u Rwanda yeretse itangazamakuru uwitwa Niyonsaba Marcel w’imyaka 40 na Mbarushimana Emmanuel w’imyaka 41. Bakurikiranweho kugerageza kugurisha ikibanza kirimo inzu y’umuturage, babikora mu buryo bw’ubwambuzi bushukana bakoresheje inyandiko mpimbano.
“It always seems impossible until it's done,” said Nelson Mandela. This inspirational quote could serve as a mission statement to raise funds to tackle Africa's huge affordable housing deficit.
It would seem strange to make a case for multilateralism, at a time of Covid vaccine nationalism and Brexit unilateralism, but Africa, on the other hand, is embracing it.
Biteganijwe ko ikoranabuhanga n’itegeko rishya bizafasha gukuraho amanyanga yakorwaga muri cyamunara
Abanyarwanda mu ngeri zitandukanye barishimira ko itegeko rishya riha ijambo nyirumutungo ndetse n'uteza cyamunara; ibintu biteze ko bizakemura icyo bita iteshagaciro ry'umutungo rya hato na hato ryajyaga riboneka muri cyamunara.
The power of diaspora investors is under-recognised and could act as a catalyst for increasing capital investment into Africa’s affordable housing sector. African migrants are often driven by personal economic incentives (family friends or networks) to guide their investments but are increasingly looking at the growth of African economies and the resulting investment opportunity of their home countries or across the continent. Investment performance is increasingly becoming a key factor.
Hakunze kumvikana kenshi abantu bandikwaho imitungo y’abandi, bigakorwa na ba rusahurira mu nduru bashaka guhisha uburyo babonyemo iyo mitungo akenshi buba bunyuranyije n’amategeko cyangwa se ari umutungo wa Leta warigishijwe.
Mu kiganiro cyaciye kuri Televiziyo Rwanda cyari kigamije kuvuga ku kurwanya ruswa n’akarengane, Umuvunyi Mukuru, Nirere Madeleine yibukije abantu ko abemera kwiyandikishaho imitungo y’abandi ari ikwirahuriraho umuriro.
Despite the drop in investments attributed to the COVID-19 pandemic which has affected the global economy, Rwanda Development Board (RDB) recorded investments worth US $ 1.3 billion in 2020, a decrease of 47.1% from the previous year, 2019, where RDB recorded investments worth US $ 2.46 billion.
Real estate and construction and manufacturing accounted for 68% of all investments registered at 48% and 20% respectively. Other sectors that attracted significant investments include agriculture, ICT, energy, mining and financial services.
After about 25 years with participations in real estate development, the hospitality sector, food production and investment funds among others. A French company, Groupe Duval, is undertaking a number of projects, including a multi-billion dollar shopping center on the former Justice Ministry site, next to the Kigali convention center named Inzovu.
Ikigo cy’Ubwiteganyirize mu Rwanda (RSSB), cyatangaje ko mu rwego rwo gukemura ikibazo cyo kutaboneka kw’inzu zihendutse mu mujyi wa Kigali no muri gahunda yo gufasha Abanyarwanda bafite ubushobozi buke, kigiye kubaka inzu zihendutse zizaboneka ku giciro kitarengeje miliyoni 35 Frw.
RSSB ifite gahunda yo gutumira abashoramari mu minsi ya vuba kugira ngo harebwe uburyo bafatanya mu kubaka izi nzu ziteganyijwe kubakwa mu bice bya Gasogi, Rusororo na Kinyinya mu karere ka Gasabo.
In line with the 2013 law governing land use in Rwanda. under its Article 58 about Land subject to confiscation: “The land within urban areas where a detailed physical plan was approved by competent authorities and it is clear that it has spent three (3) consecutive years unexploited” may be confiscated.
To ensure a bright future for the Rwanda Real Estate Sector by providing friendly guidelines on land use and allocation, a cabinet meeting held on Monday, October 12, 2020 approved the draft law governing land in Rwanda, which is said from its consistency, will stop the confusion and boost real estate buyers and investors.
Here are the highlights of the draft new (Oct, 2020) land law in Rwanda:
1. Reduce your expenses
Consult with a real estate professional to look for ways to cut costs. Especially with new technologies like insulation and utility upgrades, there are plenty of ways to reduce maintenance or running costs. It can be as simple as switching to LED lighting or replacing aging filters or heating and cooling systems.
2. Change the use of the building