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CEO / Founder
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The average price of land for sale in Accra is approximately $2,500 per plot. The most expensive land costs around $15,000 per plot while the cheapest costs near to $1,250 per plot
Can a foreigner purchase real estate in Ghana? The response is “Yes.” In Ghana, there are no limitations on foreigners purchasing real estate. However, it is crucial to take into account the country’s above-mentioned land categorization, as some property types cannot be privately owned.
A document that affects land must be registered, according to Ghanaian law.
The following documents must be present, depending on the type of land or property: a leasing agreement, a land title certificate, a building permission, an EPA permit, etc. Additionally, it’s crucial that you look over the land title paperwork or the assignment to see how long the lease on the property is still valid.
A permit is, first and foremost, a document that gives you the legal right to begin the construction phase of your building project.
It shows that the project has undergone a thorough evaluation by experts.
It demonstrates that the government has fully approved of the construction project. You can begin the entire construction without any obstacles thanks to this document.
You can get your building permit from your local municipal assembly .
Real estate taxes, often known as property taxes or property rates, are determined based on the assessed value of the property. In Ghana, it is referred to as Property Rate. The Local Governance Act of 2016 governs property rates (Act 936)
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