Are you thinking of buying a home, investing in land, or relocating to Ghana? You’re not alone. Every day, thousands of people search Google for answers about the real estate market in Ghana.
We’ve compiled the most frequently Googled questions—and we’re here to give you clear, honest, and helpful answers.
How much does a house cost in Ghana?
The price of a house in Ghana varies depending on location, size, and finish. Here’s a general idea:
– Tema & Accra (urban gated communities): $60,000 – $200,000+
– Outskirts or developing areas: $20,000 – $60,000
– Luxury areas (East Legon, Cantonments): $300,000+
At The Greens Estate, for example, you can find beautifully finished 2-4 bedroom homes starting from around $ 85,000, making it ideal for middle-income families and diaspora investors.
Can I get a mortgage in Ghana?
Yes, but it depends on your residency status and creditworthiness. Most major banks like FNB, Republic Bank, ABSA and Ecobank offer mortgage packages.
If you’re a Ghanaian living abroad, many banks have diaspora mortgage programs that let you pay monthly while overseas. You’ll usually need:
– Proof of income
– Bank statements
– Valid ID or passport
– Down payment (typically 20–30%)
What are the best places to buy land or property in Ghana?
Top places for property investment right now include:
– Tema Community 25 – growing fast with great roads and schools
– East Legon Hills – upscale and ideal for long-term investment
– Oyibi – affordable with lots of development potential
– Aburi – scenic and great for vacation homes or Airbnb
The key is to choose well-planned, titled land and work with trusted developers.
How do I avoid land scams in Ghana?
Unfortunately, land fraud is real. To protect yourself:
– Only buy land with valid land title registration
– Verify documents at the Lands Commission
– Work with a registered real estate company
– Always sign a legally binding sales or lease agreement
– Avoid cash payments without official receipts
Better yet, buy land or homes in registered communities like The Greens where all documentation is transparent and handled professionally.
What documents do I need to buy property in Ghana?
To purchase property, you’ll need:
– A valid ID or passport
– Tax Identification Number (TIN)
– Site plan and indenture
– Sales & Purchase Agreement
– Land title or lease documents
Your developer or agent should guide you through every step of this.
Can foreigners buy property in Ghana?
Yes! Foreigners can buy buildings or apartments outright. However, land in Ghana is typically sold under leasehold terms—usually 50 years for foreigners and 99 years for Ghanaians.
If you’re a Ghanaian citizen living abroad, you’re treated as a local buyer.
Is buying a house better than building in Ghana?
Each has pros and cons:
– Buying is faster, more predictable, and often comes with amenities (like in gated communities).
– Building may be cheaper per square foot but often takes longer and comes with more stress.
If you value peace of mind and guaranteed quality, buying in a reputable estate is the way to go.
Final Thoughts
The real estate market in Ghana is full of opportunities —but also full of questions. Whether you’re in Ghana or abroad, knowing the facts helps you make smarter decisions.
Still have questions?
Let’s help you out—📞 Call or WhatsApp us on +233 54-010-2102 for a free consultation.
📍 Visit us at The Greens Estate, Community 25, Tema and book a tour today.
