Real estate has long been regarded as one of the most dependable ways to build wealth, and in Ghana, the sector continues to expand due to rapid urbanisation, population growth, and an increasing demand for housing. Despite this, many people believe that investing in property requires a large amount of capital up front. In reality, it is entirely possible to enter the real estate market with limited funds...
Ghana
Buying property in Ghana is an exciting milestone, whether you are a first-time buyer, an investor, or part of the diaspora looking to own a home back home. However, beyond choosing the right location or property type, the most critical part of the process is ensuring that all legal documents are in order. In Ghana, many property disputes arise not from the property itself, but from incomplete or...
If you’ve spent any time exploring housing options in Accra, chances are you’ve come across Tse Addo. Once a relatively quiet and underdeveloped area, Tse Addo (also known as East La) has rapidly evolved into one of the city’s most desirable residential neighbourhoods. Its growing popularity is no accident, but like any place, living there comes with both advantages and drawbacks. One of the...
When buying property in Ghana, one of the most confusing and critical topics for buyers is land ownership documentation. Understanding the difference between a Land Title and an Indenture can protect you from disputes, fraud, and financial loss. A Land Title is the highest legal proof of ownership for land in Ghana. It is issued by the Lands Commission of Ghana and guarantees that you are the legal...
In This Edition: ● 📃 Ghana’s Land Registration Process ● 🏠 New Listings in Accra 📃 Ghana’s Land Registration Process The process of land registration in Ghana has long been recognized as a critical yet complex part of real estate transactions. Over the years, several challenges, including unclear land...
Welcome to the Accra Property Perspective, a newsletter by RMK Realty Ltd, your trusted advisor in Accra's premier real estate market. Established in 2013, RMK Realty has become a respected name in Accra's luxury residential, commercial, and land sectors. Though a young firm, our success lies in our extensive network and proven track record. We've proudly facilitated lettings and sales for esteemed...
There has been significant growth in Ghana's real estate sector over the past five years. It is one of the fastest-growing sectors in Ghana. This sector comprises the office market, the retail market, the industrial market and the residential market. OFFICE AND RETAIL Ghana's office and retail market is run primarily by the private sector. However, demand for this sector is higher in the Greater...
The Ministry of Works and Housing (MWH) is hopeful that it will soon complete the necessary processes to establish the Ghana Housing Authority (GHA) to assist the country deal with its 1.8 million housing unit deficit. It is, however, putting in place the required impetus to support the review and enactment of relevant legislations for the operationalisation of the authority with the mandate to...
Fitch Solutions is forecasting a 43% depreciation of the cedi to the US dollar in 2022. It is also projecting a 30.1% fall in the value of the cedi to the American currency in 2023, which means the woes of the local currency will not get better anytime soon. Disclosing this in its latest report on the country dubbed “Ghana’s Private Infrastructure Investment Set For Medium-Term Recovery”, it...
The Ghana Civil Aviation Authority has banned an aircraft with Delta Air Lines, with registration N195DN, from flying to Ghana. According to the Authority, the decision follows the failure of the company to investigate and address technical issues regarding the aircraft in question, which left several Accra-bound passengers, including Ghanaians, stranded at the JFK airport on July 24, 2022. The crew...