Property for sale in Ghana
1/ Capital: Accra
Is the capital, and most populous city of Ghana. The city also doubles as the capital of the Greater Accra Region, and of the Accra Metropolis District with which it is coterminous. It is the administrative, communications, and economic center of the country. Over 70% of Ghana's manufacturing capacity is located within this region district. Get more information on property for sale in Accra.
2/ Country: Ghana
Is a country in West Africa. It borders Côte d'Ivoire (Ivory Coast) to the west, Burkina Faso to the north, Togo to the east, and the Gulf of Guinea to the south.
3/ Property for sale in Ghana
There is absolutely no denying the wealth of potential in the property market in Ghana for everyone from the local home buyer to the individual international investor, from a major property developer to a corporate real estate investor. The one word that should spring to mind when contemplating Ghana for property investment is ‘potential’ because of all the emerging real estate markets in the world Ghana has one of the most exciting and as yet totally under-explored property sectors. However the potential in the market is going largely unrealized and legislation is restricting Ghana’s property market progress significantly.
The fact of the matter is, in Ghana you can attempt to buy a piece of land only to find that you are not buying it from the real owner – worse still, you can buy land, develop it and then be evicted from the real estate or have property assets confiscated when the real owner comes forth years down the line.
Until there is regulation in the property industry covering everyone from developers to estate agents and there is legislation in place protecting real estate buyers and property owners in Ghana, it will not be able to attract the levels of inward foreign direct investment that it requires, desires and honestly deserves.
There is a wealth of investment incentives available that a real estate investor in Ghana could benefit from which makes the attractions of the Ghana property sector even more attractive. Incentive include a five year period of income tax exemption, customs duty import exemption, reduced corporate tax rates, substantial capital allowances and free transfer of capital, profits and dividends.
The investor climate in Ghana is ripe, the investment opportunities in Ghana are plentiful and property investors seeking a truly emerging market offering substantial potential for profit and yield should consider exploring real estate opportunities in Ghana today.
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