To set the stage, Ghana, has been the stage for significant economic growth and unwavering stability in recent years. The emergence of a flourishing middle class, coupled with a political climate marked by harmony, has laid the groundwork for a real estate market that beckons foreign investors with open arms. However, despite current economic crises facing the county real estate sector still flourishing as more people are becoming home owners and land owners in Ghana.
Are you considering buying a property in Accra, Ghana? Whether you’re looking for a house, land, or an apartment, making informed decisions is crucial. In this post, i will provide you valuable insights into the average prices of properties in most desirable or prime areas, fast-developing neighborhoods, and desirable locations in Accra. Without wasting time, lets jump into it.
Houses for sale in Accra Average prices
Below is a table showcasing the average prices of 1, 2, and 3-bedroom houses in six prime locations in Accra:
| Prime Area | 1-Bedroom House | 2-Bedroom House | 3-Bedroom House |
|---|---|---|---|
| Airport Residential | GHC 800,000 | GHC 1,500,000 | GHC 2,500,000 |
| East Legon | GHC 700,000 | GHC 1,200,000 | GHC 2,000,000 |
| Cantonments | GHC 750,000 | GHC 1,300,000 | GHC 2,200,000 |
| Labone | GHC 650,000 | GHC 1,100,000 | GHC 1,800,000 |
| Osu | GHC 600,000 | GHC 1,000,000 | GHC 1,700,000 |
| Dzorwulu | GHC 700,000 | GHC 1,300,000 | GHC 2,100,000 |
Please note: The prices are indicative and subject to market variations.
Read also:Â Ghana Real Estate Market: Real Estate Opportunities For Investors
Land for sale average in AccraÂ
Land investing is very lucrative investment in Ghana, however there are challenges with regards to proper land documentation, scams and fraud especially in Accra. But if you due your due diligence well, you should be fine. That said if you are interested in buying land in up-and-coming neighborhoods of Accra, here’s a table highlighting the average price per plot in six fast-developing areas of Accra and suburbs:
| Developing Area | Average Price per Plot |
|---|---|
| Spintex | GHC 50,000 – GHC 150,000 |
| Kasoa | GHC 30,000 – GHC 100,000 |
| Oyarifa | GHC 40,000 – GHC 120,000 |
| Amasaman | GHC 35,000 – GHC 110,000 |
| Dodowa | GHC 45,000 – GHC 130,000 |
| Adenta | GHC 55,000 – GHC 160,000 |
Please note: Prices may vary based on specific locations within these areas and also the seller’s motivation.
Read also:Â 12 Fast Developing Areas To Find Cheap Houses For Sales in Accra
Apartments for sale average prices in AccraÂ
If you’re in the market shopping for an apartment, the following table outlines the average prices for 1, 2, and 3-bedroom apartments in six desirable locations:
| Desirable Location | 1-Bedroom Apartment | 2-Bedroom Apartment | 3-Bedroom Apartment |
|---|---|---|---|
| Ridge | GHC 400,000 | GHC 800,000 | GHC 1,200,000 |
| Roman Ridge | GHC 350,000 | GHC 700,000 | GHC 1,100,000 |
| North Ridge | GHC 380,000 | GHC 750,000 | GHC 1,150,000 |
| East Airport | GHC 420,000 | GHC 850,000 | GHC 1,300,000 |
| West Legon | GHC 370,000 | GHC 720,000 | GHC 1,100,000 |
| Labadi | GHC 400,000 | GHC 800,000 | GHC 1,250,000 |
Please note: Prices are subject to negotiation and may vary based on specific apartment features.
If you are a prospective property buyer you can shop for listings on Villasharks, a vertical real estate marketplace in Accra, Ghana to find your perfect property that suits both their needs and budget.
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