The prices of houses for sale in Ghana vary greatly depending on several factors such as location, size, and amenities. In general, the cost of purchasing a house in Ghana can range from as little as GHS 50,000 to as much as GHS GH 19,000,000. The majority of properties for sale, however, are priced between GHS 200,000 and GHS 1,500,000.
There are several financing options available for those who want to buy a house in Ghana and pay monthly. A mortgage is a popular type of financing. A mortgage allows homebuyers to buy a home and pay for it over time, typically between 10 and 30 years. Mortgage interest rates in Ghana can range between 16% and 25%, depending on the lender, the borrower’s source of income, and the loan term.
Another option is to buy a house through a rent-to-own programme. This allows buyers to make monthly payments towards the purchase of a home for a set period of time, usually between 5 and 10 years. The buyer is given the option to purchase the property outright at the end of the term.
Nonetheless, some Ghanaian real estate developers list their properties in US dollars. Here are some examples of prices for houses for sale in Ghana, with the listings aimed at people in the diaspora who want to own an investment property in Ghana.
A three-bedroom detached house in Accra’s Tema Community 25 is currently on the market for $190,088. There is a large living room, a dining area, and a fully equipped kitchen in the house. It also has 24-hour security, a multipurpose sports court, a gym and fitness area, a swimming pool, and solar power, to name a few amenities.
Every room has an ensuite bathroom, as well as a guest bathroom and a garage that can fit two cars.
A four-bedroom detached house in Tema Community 25, one of Accra’s most desirable residential areas, is currently listed for sale at $263,088. The house has four en-suite bedrooms, a large living area, a fully equipped kitchen, and a swimming pool on a large plot in a gated community.
Here is a table comparing the cost of purchasing a two-bedroom house in different locations in Ghana to further illustrate the different prices of houses for sale in Ghana listed in GHC:
| Location | Prices (GHS) |
|---|---|
|
Kasoa |
205,000 |
|
Achimota |
1,841,381 |
|
Spintex Road |
1,400,000 |
|
East Legon |
2,100,000 |
As the table shows, the prices of houses for sale in Ghana vary greatly depending on location and mortgage term. It is possible, however, to find a house that fits your budget and pay for it monthly using various financing options such as mortgages and rent-to-own schemes.
