Property For Sale in Ghana – Ghanaian property
The Ghana real estate market presents some fantastic properties many ideal for foreign overseas property investors. Property in Accra is hot as Ghana experiences a shortfall in housing stock. For international buyers it also presents some property where you get more for your money. Homesgofast.com offers owners and agents the opportunity to sell their homes online using the power of our network of global websites. Buyers in search of a luxury apartment Accra or in the Airport Residential Area can buy direct from the owner as they list Ghanian homes for sale on our network.
Recently sold are listings from the East Legon, Accra, Greater Accra Region, new luxury apartments in Oyibi, Ubuntu Haven, Oyibi, Accra, Greater Accra Region, Large detached home in Fortune City, Airport City, Accra, Greater Accra Region
Can Foreign Buy Property in Ghana
There are no restrictions on foreigners buying property in Ghana. However, different kinds of land, some of which cannot be privately owned. There are four types of land in Ghana: Government Land, Vested Land, Customary/Stool Land, and Family/Private Land. To acquire Government Land or Vested Land, an application must be filed with the Executive Secretary of Lands Commission or the Regional Lands Officer, depending on the location of the land.
The best way to ensure a safe step into Ghana property ownership is to use an official, registered Ghanain real estate agency. If you have any questions or concerns feel to contact us here at New Ghana Property and we will be happy to put you in contact with a reputable agency.
Why Invest in the Ghana Housing Market
In an real estate investment report Real Estate: Building the Future of Africa, PwC highlighted the growing trend towards more ecologically friendly residential properties. As climate change bears a potentially large impact on low-lying coastal cities such as Accra, the awareness of climate change is perhaps higher and more focused in the Ghanaian residential property market.
The fact remains, though, that Ghana has a housing shortage of 1,7 million housing units, leading to a strong drive to attract foreign investment. In addition, there has been huge expansion in local commercial property development, which is already changing the Accra skyline and proving to significantly stimulate the economy and therefor also the need for upmarket residential property.
With the housing market on the brink of such expansion, it would be strategic to enter the market now and invest in property – with average rental costs in Accra yielding about 8%, the local market compares very favourably with sister cities in the neighbouring countries. Why Ghana Is Top For Property Investment
Why Accra is hot for International Foreign Buyers
Stretched along the Atlantic Ocean, Ghana’s most populous city boasts glittering beaches, monumental buildings, museums, libraries, galleries, traditional markets and lively nightlife. Accra’s architecture reflects its colonial history, with 17th century castles standing alongside modern skyscrapers. A veritable melting pot of cultures, the city’s central financial and shopping districts
Accra has the greatest variety of restaurants in Ghana. With most eateries staying open late, it has a bustling nightlife, especially on weekends. Sandy beaches abound in the south. The La Pleasure and Kokrobite beaches are among the most popular in Ghana. Sport and recreational facilities for nearly every sport are available in the city proper and at the beaches.
More about Ghana
Formerly known as the Gold Coast, Ghana gained independence from Britain in 1957, becoming the first sub-Saharan nation to break free from colonial rule. Gold, cocoa and more recently oil form the cornerstone of Ghana’s economy and helped fuel an economic boom.
Ghanainian Money
Ghana’s local currency, Cedi (GHS), is preferred throughout the country. However, if you are unable to exchange foreign currency, US dollars, Euros, or Pounds are accepted in larger restaurants and hotels. US Dollars are the currency of choice. Bring a wad of dollars, in all denominations. In addition to $20 bills, we take 50 $1 bills–even though you can pay in dollars, you are not likely to get change in dollars, so be prepared to make exact change with a good selection of bills.
Video Guide to Accra Ghana