i'm stating here now that this property inflation will definitely pop. More and more diasporans' are finding cost of living rising and would not see it as a good investment to pay for land that could easily be under litigation for years and years and also land guards coming to force monies from people and poor infrastructure everywhere. I am one who has reconsidered about buying land in Ghana because i can see things are well over priced with little guarantees for me that any investment i make would be safe and i have seen that the courts do not work as i would expect so I'm out..
Regarding the pricing. Yes, those expensive properties are in the city center of Accra. But when you look closer, ask who buy/rent them. Average foreign citizen witll rather prefer to buy out of Accra. With the same USD500,000. One can buy acres somewhere else, build house. When you go to mostly East Legon, most of those big houses are empty. Two years that I have been travelling there , same houses still empty. And Average Ghanaian cant afford them.
You don’t say in Ghana (as a whole) but you should’ve said some places, eg: Cities, towns and villages and regions as prices vary from each region, city, town and village!
I think you're right. You are already seeing folks look to South Africa as the land buying process is more similar to the west... Straightforward and not likely to be scammed. Good prices along with modern infrastructure is already developed. The problem is South Africa has a lot of crime compared to Ghana so it's a pick your poison type of thing.
Thank you for the advice
Very informative son. Hope to contact you soon.
i'm stating here now that this property inflation will definitely pop. More and more diasporans' are finding cost of living rising and would not see it as a good investment to pay for land that could easily be under litigation for years and years and also land guards coming to force monies from people and poor infrastructure everywhere. I am one who has reconsidered about buying land in Ghana because i can see things are well over priced with little guarantees for me that any investment i make would be safe and i have seen that the courts do not work as i would expect so I'm out..
Oh sorry to hear that.
I used to think like you , in the U.K. and I finally got priced out of housing market
Regarding the pricing. Yes, those expensive properties are in the city center of Accra. But when you look closer, ask who buy/rent them. Average foreign citizen witll rather prefer to buy out of Accra. With the same USD500,000. One can buy acres somewhere else, build house. When you go to mostly East Legon, most of those big houses are empty. Two years that I have been travelling there , same houses still empty. And Average Ghanaian cant afford them.
Thanks you sir, we want cost difference between concrete roofing and iron sheet roofing
Concrete roofing vs hidden roofing or heap roof?
Good advice.
Thanks for watching
Bro, how many of the Black American diaspora would have one million dollars to buy land in Ghana? Not many for sure!
That’s true
Buy land during rainy season so you know if the land is in a flood area.
Thanks for your feedback
GOD bless you
And if you drive and own a vehicle, you don't need to live close to the airport.
True. But you will stay in longer traffic if you work in town. You will also have to wake up very early to leave home, etc
Hi,l may like to know what type of material they used in pop cermet. Thanks
Hi, unfortunately I’m not an expert but I will find out
Thank you bro❤
You don’t say in Ghana (as a whole) but you should’ve said some places, eg: Cities, towns and villages and regions as prices vary from each region, city, town and village!
Thanks for your feedback
Hi, im a foreighner in the proces to get my ghana paspoort. How can i get a loan on my plot that i bought in pram pram?
This is a hard one. I don’t know how.
People will choose another country. You'll out price yourselves.
Why?
I think you're right. You are already seeing folks look to South Africa as the land buying process is more similar to the west... Straightforward and not likely to be scammed. Good prices along with modern infrastructure is already developed. The problem is South Africa has a lot of crime compared to Ghana so it's a pick your poison type of thing.
Build your house using brick like the houses in England! Problem slove.
That’s also an option
Did you say 40x50=2,000SQM is half plot?
Meant to say 40*5
@@africabuildinghubpodcast thanks for the clarification!