Pearl Marina Uganda
Off-plan purchase available now
A joint venture community development project between Uganda and Kenya situated on the shores of Lake Nyanza (aka Lake Victoria)
Set to become Uganda's Diasporan Village
The 'Pearl Marina' riverside development provides a mix of Villas, Townhouses, Apartments & Bungalows along with a hassle-free purchase process
Located on the Garuga Peninsula on the shores of Lake Victoria near Entebbe. The project connects three of the fastest growing economies in East Africa, opening a vast opportunity for the savvy investor. Pearl Marina is strategically positioned to access the surrounding markets by boat, air and road. This community development is set to become one of the most sought-after destinations for those seeking to retire, raise a family or secure a base for business ventures.
The Pearl Marina Development promises a high return on investment, due to the size and scale and planned amenities. Those looking to live, retire or work here will find a well-planned community offering an exclusive integrated life with ultra-modern residential and commercial facilities. A strong credit rating through Centum offers investors more peace of mind and a secure safe investment option.
Flexible Payment Plans
As with most off-plan purchases, prices will increase as more properties are sold, and the project has already seen an increase in enquiries. You can purchase on a flexible staged payment plan, with prices starting from as little as $39,000 for some 1-bed properties.
"With over 20 different nationalities committed to a property, Pearl Marina will become a great community village
James Mugerwa - Managing Director
1, 2 & 3 bedroom Bella Vista apartments
This exclusive development offers a mix of 1, 2 and 3 bedroom apartments with elegant living spaces and spectacular lake views with access to facilities including a kids' play area, a gym, sauna and steam bath, and swimming pool all at affordable prices.
On completion, at the development there will be a globally renowned international school, a state of the-art hospital, with 500-bed capacity and a health care centre to provide specialist medical facilities, a cancer unit, kidney centre, IVF treatment, and an optometrist.
The site will incorporate a wide range of sports facilities, a retail centre, a marina, and a top-notch hotel resort and office park, all supported by expertly planned sustainable infrastructure.
Take the opportunity to own a three-bedroom townhouse, complete with plunge pool, self-contained guesthouse and maid's quarters. Enjoy beautiful sunrises by the lakeside, and have access to the swimming pool, gazebo, visitors' parking as well as other high-quality infrastructure and amenities.
Frequently Asked Questions
What is -buying off-plan?
Buying a house or flat off-plan means buying it before it's been built. This might sound risky, but if you're buying in a market where property prices are on the up and more homes are needed, it can have its rewards. That's why the sight of homebuyers queuing around the block waiting for a show home to open is becoming more commonplace, especially at entry-level city developments.
*Your new home could be worth more than you paid for it by the time you move in. *You could get a discount on the purchase price and secure one of the best plots. *Buying off-plan could be the difference between buying a home or missing out entirely.
*You might be allowed to choose your own fixtures and fittings.
*You could have a long wait between agreeing to buy the property and actually moving in - maybe even a year or more, depending on what stage the build is at.
*The majority of lenders don't offer mortgages specifically designed for off-plan properties. *Most mortgage agreements are only valid for six months, so you may need to re-apply if your completion date is further in the future.
*If you pull out of the purchase, may lose your reservation deposit. (not in the case of Pearl Marina. all deposited funds are returned with accured intrest)
*If you're one of the first to move in, you may find you're living on a building site.
Where is the development?
Located in Ntabo Peninsula, popularly known as Garuga, by the shores of Lake Victoria.
20 minutes from Entebbe International Airport (10 minutes by speedboat)
35-40 minutes from Central Kampala
Close to the Kampala Express Highway
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Who are the developers?
Founded in 1967, Centum is the largest listed investment company in East Africa, listed on the Nairobi Securities Exchange (NSE) and the Uganda Securities Exchange (USE). Centum invests across three principal business lines PE, RE&I and QPE.
Centum's strategy is to participate in the entire development process beginning with land development, moving on to the property development and finally the property and portfolio management process.
Through its real estate arm, Centum believes it has the ability to influence lifestyles in East Africa and provide access to international destinations within East Africa without losing the heritage.
Athena Properties Ltd, also a member of the Centum Group, is the development & property manager for Pearl Marina.
How do I make the payment?
After speaking to you we will connect you directly to the developers, Athena Properties. Your payments are held in escrow until the legalities are finalised and the property is handed over.
What amenities will be included in the project?
Residential villas, duplexes, apartments, hotel resorts, a marina and promenade with beachfront amenities, a shopping mall, healthcare facilities, an education complex, infrastructure and urban management systems as well as nature parks and trails.
When is the expected completion date?
December 2020 for townhouses.
Blocks A B C D E F G H I J for December 2020
Blocks K L M N for March 2021
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What is Kiyiira's role in the sale?
We are authorised agents for the developer; our goal is to help diasporan communities by providing a trusted services and support the development of the community through the medium of technology, investment and adventure.
How do I contact Kiyiira?
Office: 0203 916 5066
Fax: 0844 357 2189
Pat's mobile: 07971 600 920
Pearl Marina Development
A joint Kenya and Uganda community project
The development potentially has all the services that will be needed to facilitate a community. It promises to be an excellent opportunity both for the investor and the homeowner. The downside is the project is around about 18 months at the time writing from the shops, school and other supporting services been fully developed. However, at this time the cost of property acquisition is expected to increase to more closely align with market rates.