Real Estate in Ghana

Overview of Real Estate in Ghana The demand for real estate in Ghana will only continue to rise with a balloning 2 million housing units deficit. This request is a great investment opportunity for both Ghanaians and foreigners who want to call Ghana home. Ghanaians have a great return and value to pay. Alongside Ghana's continued infrastructural development, its safe business and its growing global...

Ghana: New Way to Farm

On Africa's West Coast, there is a country the size of Oregon, with 92,486 square miles and 3.4 million farms. The climate is tropical, as it is in many African countries (Mukungu). Cocoa is the country's most important cash crop, and agriculture employs 59 percent of the workforce. Ghana is a country in Africa. The average Ghanaian family consists of five people, with a life expectancy of 56 years. In...

LAND BUYING IN GHANA WITHOUT LITIGATION

The demand for land in Ghana continues to rise as the country attempts to address a massive housing shortage of about 1.7 million units, as revealed by a Bank of Ghana study on the Ghanaian Housing Market a few years ago. According to the bank, based on current real estate and development trends, it will take about ten years to develop one million units. Whatever the case may be, the need for land...

Ghana has an intricate titling system.

How difficult is the property purchase process in Ghana? Foreigners are not restricted from purchasing property in Ghana. There are, however, various types of land, some of which cannot be privately owned. In Ghana, there are four different types of land: government land, vested land, customary/stool land, and family/private land. Ghana real estateAn application must be filed with the Executive...

Ghana Secures 2.6 Billion Dollars

Ghana has seen an increase in Foreign Direct Investment (FDI) inflows, with an impressive 2.6 billion dollars in inbound investments planned for 2020. As a second wave of COVID 19 infections threatened to cripple the Ghanaian economy, the trend defied the expected sharp decline in FDI flows. According to a report by the United Nations Conference on Trade and Development, the pandemic-induced drop in...

Ghana’s housing market

According to local real estate experts, after years of slow development, Ghana's housing market is gaining traction, fueled by strong economic growth and an influx of non-resident Ghanaians and international homebuyers. According to JLL, “Ghana's economic growth and growing availability of prime real estate assets make it one of Africa's most interesting markets for investors.” The city, Accra, is...

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