How to Invest in Real Estate in Ghana:
How Do I Invest in Real Estate?
To invest in real estate in Ghana! Start by deciding whether you’re buying land or built property. Then, determine your budget and preferred location—Accra, Kumasi, and Takoradi are top picks. Use trusted platforms like The Ngusra Group or registered real estate agents. Always do due diligence: verify the land title, check zoning regulations, and confirm the seller’s ownership.
If you’re planning to invest from abroad, it’s important to hire a lawyer familiar with Ghanaian real estate laws and to give them a Power of Attorney (POA) to act on your behalf when needed. This ensures that your transaction remains secure, especially when dealing with land acquisition or off-plan properties. Local agents can assist with market insights, while digital listings give you an overview of property options across the country.
Additionally, factor in costs such as legal fees, stamp duty (typically 1-3%), and potential commissions. Having a clear exit strategy—whether for rental income or resale—can help guide your investment decisions. The market favors long-term investment, particularly in residential housing, which remains in high demand.
Learn more in our Complete Guide to Buying Land in Ghana Safely
Can Foreigners also Invest in Real Estate in Ghana?
Yes, foreigners can own and invest in real estate properties in Ghana but, only leasehold (up to 50 years, renewable). Freehold ownership is restricted to Ghanaian citizens. If you’re a foreigner, that wants to invest in real estate in Ghana. Ensure that the lease agreement is properly drafted, registered, and includes renewal clauses. Collaborating with local partners or developers like The Ngusra Group can help make this process easy, secured and maintained.
In some cases, foreigners choose to invest through a locally registered business entity, which allows for greater flexibility and better alignment with Ghanaian property regulations. This approach is particularly useful when purchasing commercial or multi-unit residential properties. Regardless of the path you take, it’s critical to understand the implications of leasehold tenure and how renewals, taxes, and land usage conditions apply.
What Are the Legal Steps to Buying Land or Property in Ghana?
- Conduct a land title search at the Lands Commission.
- Verify the seller’s ownership and the absence of disputes or encumbrances.
- Draft and sign a sale agreement or indenture.
- Pay the stamp duty and register the title with the Lands Commission.
- Collect your land title certificate.
It’s strongly recommended to use a real estate lawyer throughout the process. Legal professionals can handle the title search, ensure that all paperwork complies with local laws, and help avoid common land disputes, which are unfortunately still prevalent in some regions.
Buyers should also be aware of land types—customary, stool, government, and private lands each follow different procedures. Without proper due diligence, there’s a risk of purchasing land already allocated or under litigation. Once the registration process is completed, ensure you receive a valid land title certificate and store all documents securely.
For a step-by-step breakdown and where to start buying properties, Visit propertieschat.com, where you have full access to over 20,000+ houses and lands for sale.
