Some real estate firms have absolved themselves from the high cost of houses in the country, saying they cannot be blamed for that. Defending the assertion, the Executive Director of Elegant Homes, Dorothy Afua Quarshie said the rising cost of building has made it difficult not to pass on the cost to the buyers. “Most of our real estate developers have to invest their own capital in developing...

In a significant step toward forging international collaborations and showcasing the excellence of African real estate, the Guyana Housing and Water Minister, Collin Croal, accompanied by his Information Minister Kwame McCoy, recently embarked on a momentous visit to Devtraco Group's projects in Ghana. Led by the dynamic CEO of Devtraco Group, John Entsuah, and the astute COO/Head of Developments, of...

To purchase property in Ghana, foreign investors must comprehend financing options. This guide explains tactics to obtain a mortgage in Ghana, with a focus on foreign nationals. Unique Aspects of International Mortgages for Ghanaian Properties Some key differences exist between domestic and international mortgages for financing real estate purchases in Ghana: • Higher down payments – Often...

The UN Economic Commission for Africa (ECA) Sub-regional Offices for North and West Africa are holding, in partnership with the Government of Ghana, the second Joint Intergovernmental Committee of Senior Officials and Experts (ICSOE) for North and West Africa on 1-3 November 2023 in Accra, Ghana. This year’s edition of the ICSOE focuses on the theme: "Investing in the Energy Transition, Food Security,...

In order to ensure and have a credible data-based ecosystem in the real estate industry in Ghana, the Real Estate Agency Council (REAC) has announced its quest to commence the registration of key players in the industry before the end of the year. According to the Council, the initiative to register intermediaries in negotiating and arranging real estate transactions such as agents, property brokers,...

Buying property in Ghana, whether as an investment or for personal use, requires navigating the country's financing options. For an international investor, arranging financing can be more complex. This guide explores strategies and considerations for financing real estate purchases in Ghana as a foreign national. Overview of Financing Options in Ghana Several financing options exist for...

Development experts have requested district assemblies to enforce building regulations requiring the inclusion of green spaces in infrastructure development to reduce high levels of air, noise, and heat pollution. They say that enforcing compliance will provide clean air for urban dwellers, lead to a decrease in air pollution-related disease and reduce the health and economic burden on the government...

When applying for a loan to purchase property in Ghana, it is important to prepare all necessary financial documents. These documents may include proof of income, bank statements, tax returns, and other relevant financial records. Ensuring that all required documents are organised and readily available can help streamline the loan application process and increase the likelihood of approval. We will...

Real estate and construction companies operating in Nigeria have managed to secure loans amounting to N2.26 trillion within an eight-month period. These borrowed funds from various banks have been instrumental in expanding their service capabilities within the sector. According to PUNCH, these loans, procured between November 2022 and June 2023, have exhibited significant growth, surging from N1.90...

The biggest celebration of African lifestyle and property outside of the continent is back in London for its 7th year and will also take place in Accra, Ghana, this year, for the very first time. The Ghana Property & Lifestyle Expo (GPLE), the brainchild of real estate powerhouse duo Anna and Victoria Agyekum and founders of On Point Property Management Ltd, will take place in London at the Pestana...