The 22 Eleven Guide - Buying Real Estate in Ghana

Ghana is in the spotlight of the real estate world this 2025, and your journey to acquiring property in Accra could be an exciting, yet complex process— especially for first time buyers. We have put together this guide to help you navigate your journey.

1.        Understand the market

Springtime Apartments- Nyaniba

Ghana's real estate market offers diverse options, from luxury apartments in Accra's prime areas to affordable housing in developing neighbourhoods.

Due to urbanisation, return of diasporans home and a growing middle class, there is increased demand for modern amenities, convenience, accessibility, and investment properties.

Decide on your goals—whether you're buying for personal use, rental income, or long-term capital appreciation. This helps you and your agents know exactly which properties will be the right fit for you.

2.        Set Your Budget

Property prices in Ghana vary widely depending on location, size, and amenities. Prime areas like Airport Residential, East Legon, and Cantonments have higher price tags.

Suburban areas such as Oyarifa or Tema offer more affordable options.

In most cases, you would have to ensure you have about 40% of the figure as downpayment and a plan for fulfilling the rest of the payment in 2-3 years.

Ensure your budget also accounts for additional costs such as legal fees, agency fees (3-5%), and land registration charges.

Ensure your developer is transparent about utility, property and service charges before concluding with them.

3.        Financing

If using a mortgage, it is a good idea to seek out your mortgage before searching for your home. This can help guide you into choosing from a pool of properties within your mortgage range, and the downpayment your bank is willing to offer.

In ghana, you may be eligible for a bank mortgage with competitive rates. Find out from your bankers if you qualify, or walk into any bank and speak with them about which opportunities exist. Some developers also give flexible payment terms. Your agent may be able to negotiate these terms on your behalf.

4.        Engage Professionals

Work with experienced real estate agents, lawyers, and surveyors to ensure a smooth transaction:

• Agents: Experienced agents will leverage their knowledge, local insights and relationships to guide your process and advice and negotiate on your behalf. Contact us at 22Eleven Realty, to be put in touch with an expert agent.

• Lawyers: Review sales document, conduct due diligence to verify property ownership and documentation.

• Surveyors: Confirm the boundaries and land size to avoid disputes

5.        Verify Land Ownership

Accra’s real estate market faces some challenges sometimes, with fraudulent land transactions.

The safest way to ensure you aren’t buying land that may undergo litigation is to buy from a trusted Estate. Other than that, always take stringent measures to verify land ownership and check for any disputes or encumbrances.

A trusted agent can facilitate this process for you, using the services of the Lands Commission for searches and registration.

6.        Negotiate and Sign

Once all your ducks are in a row, you can move on to negotiate with developers and align on any last-minute renovations, or alterations you may require for your building.

At this stage an offer for sale is shared between the developer and buyer, outlining all the details of the property along with any additional renovations, alterations and discounts clearly outlined.

The buyer signs this document and then a sales agreement is drafted and shared with all partaking parties. Once everyone is aligned, the sales agreement is signed and payment made. Ensure this process is well documented with all documents properly endorsed.

Navigating the real estate market in Ghana can be a daunting task, especially for first-time buyers. Having an experienced and trustworthy insider by your side can make all the difference. A seasoned guide not only helps you identify the right property but also ensures you avoid common pitfalls, such as legal complications, fraudulent deals, or paying more than you should.

At 22 Eleven Realty, we pride ourselves on being that trusted partner—your inside man in Ghana’s dynamic real estate market.

From market research and property sourcing to thorough due diligence and seamless negotiations, we simplify the buying process for you.

Whether you’re looking for your dream home, an investment opportunity, or expert advice, our team is here to ensure your journey is smooth, secure, and rewarding.

Ready to take the first step? Let us help you turn your vision of homeownership in Ghana into a reality. Contact 22 Eleven Realty today to get started!