Five Promising Residential Enclaves in Accra
Fuelled by a continuous increase in Accra’s population, the residential real estate sector in Accra has seen tremendous growth. In spite of this, much of the emphasis is placed on prime residential enclaves such as Airport residential area, Cantonments, Ridge and East Legon. However, with the continuous increase in Accra’s urban...
7 Key Investors in Ghana’s Commercial Real Estate Market.
The real estate sector thrives on collective efforts from various industry players. These include real estate investors, developers, financial institutions, construction firms, asset/property managers, project managers, appraisers, architects, quantity surveyors, engineers and several other players. Many of the real estate projects we see today always begin with an investor who is...
4 Reasons Why Pricing Real Estate in Dollars is not Sustainable
If you have ever undertaken a property transaction in Ghana, you would discover that many properties within the country are priced in dollars. Listing sites, property developers and real estate agents often price real estate assets in dollars. Financial institutions also provide dollar-denominated mortgages. This practice of pricing properties in dollars...
Our Fore-Fathers Were Their Own Interior Decorators!
It would amaze you to know that while most of us tout interior designs to be something of the contemporary world of real estate, the idea of decorating rooms had always been in existence. Yes! Our fore-fathers were their own interior designers. In Ghana, our fore-fathers used various elements of nature...
There’s Actually More to Property Valuation than You Thought
One evening, I was at the living area just scrolling through some chats. Ama was sitting next to me whilst on the phone with Adwoa. I was trying so hard to mind my business. However, I could not help but eavesdrop on their conversation. The conversation was actually about selling property....
Are Collective Groups an Option for the Proliferation of Affordable Housing in Ghana?
The ability to acquire mortgage loans for the construction or purchase of houses is an essential element of a well-functioning housing market. Whereas the pursuit of an increased access to mortgage finance by most advanced countries was one of the triggers for the global financial crisis, it is equally an important...
Would Online Shops Take the Place of Physical Real Estate After the COVID-19 Pandemic?
EXCERPT Audio The measures being taken to minimize the spread of the coronavirus pandemic have the potential of causing a further decline in the demand for retail spaces, as online shops take the place of physical shops. However, this would not cause a total disappearance of physical retail spaces because people...
ACCRA STAY BY PLAN! (WE PRESENT TO YOU THE 5 PLUSH AREAS IN ACCRA)
EXCERPT “Cantonments, Airport residential area, Osu Ringway Estates, North & West Ridge and Roman Ridge are 5 plush areas in the city of Accra. These areas have recorded high demands due to public investments in infrastructure, provision of public services and private investments, making them the plush areas in Accra.” If...
Building a Home in Ghana
It’s a common practice to find Ghanaians living abroad sending money to relatives or trusted persons for the construction of their homes in Ghana. In most instances, they come back to Ghana heartbroken upon their return because, these trusted relatives hardly meet their expectations. This was the story of Ato and...