A Beginners Guide to Buying a Home in Ghana.

Find out more about renting a home in Ghana, the documents you need, and where to find them!

Speed up the process. Get in touch with us on Whatsapp now!
A Beginners Guide to Buying a Home in Ghana.
Click here to browse short stay apartments in Accra

Buying a home is one of the biggest investments you’ll make in your lifetime. It can also be a daunting task. You may not have experience with the local housing market, and there are so many decisions to make from where to buy to how much to spend. Getting off on the right foot will help ensure that you’re making a smart investment. Here are some tips for buying a home in Ghana that will help get you started on the path to homeownership.


Find a Real Estate Agent

Before searching for your next home, hire a real estate agent. This will be one of the most important decisions you make in the process of buying a home, so it’s worth investing some time and money to find the right agent. A realtor is an expert who can advise you on the best neighborhood to buy in, what type of property to buy (condo or house), and how much to spend on housing per month.


Figure out your budget

First, you’ll need to figure out how much you can afford to spend on a home. This is usually the most important question, since it will help narrow down your options. When considering affordability, you should take into account how much money you want to spend on a home every month and the total amount of money you have saved for a down payment. You may also want to think about what other monthly expenses you have and whether or not they might change in the future.


Know where to look

The first step to buying a Ghana home is to find the right location. In many countries, homes are traditionally built in certain areas. For example, in China it is common for people to live close to factories where they work or schools for their children. Homes in these areas are traditionally priced lower than homes which are more centrally-located with better amenities.


In Ghana, most people will likely purchase property near their place of work. Look for areas with good schools and access to public transportation. These factors can help determine your budget, as well as how much you’ll be able to spend on utilities like water and power.


Make an offer

on a home

When looking for a home to buy, you’ll need to make an offer on a property. The best way to do this is to first meet with a real estate agent who can show you properties and answer any questions you have about the process. After you find the right house, it’s important that your agent draws up an offer contract with designated contingencies. Make sure that these contingencies cover some of the major concerns like structural issues, building permits, and inspections. Once those are agreed upon, sign the contract as quickly as possible as many sellers will not accept offers that have been on the table for more than 24 hours. And remember, keep your emotions in check – don


Get a down payment

A 20-30% down payment will give you more bargaining power with the seller. This is the amount of money you put in to purchase your home upfront. You’ll be considered a lower risk because you’ve provided some of the funds on your own. It also ensures that you can make payments on time and maintain ownership of the home without any gaps.


Get the right insurance

One of the first things you’ll need to do for your home purchase is find insurance. Homeowners insurance will protect your property against events that are out of your control, like fires or storms. You’ll want to have enough coverage to replace the cost of rebuilding, which could be an overwhelming expense. The best way to figure out how much coverage you need is to ask a few insurance agents about their policies and what they protect against.



Buying a home in Ghana can seem daunting at first, but if you're careful and know what to expect, it can be a really great experience. This guide will help guide you through the process and give you a better understanding of what to expect. And best of all, you'll know what to do when the time comes to move into your new home!