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...
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...
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....
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...
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...
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...
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...
Written by Dennis Owusu-Nimoh Land ownership has become a necessity for the average Ghanaian. For an intended ownership of land, there should be a party(ies) willing to transfer his/her/their interest and another party willing to pay for the bundle of rights (interest) inherent in that property and that transfer could be...
When we look at our cities today, we can clearly see the interplay of interests contesting for power, positions and influence in shaping it. Aside governments, real estate developers, slum dwellers, and others are carving out the design of our cities. The physical manifestation of these big forces is what has...
Accra has tried not to be immune to floods. Every year, at the onset of the rains, even the slightest of rainfall, the capital city of Ghana floods. They shame us. They portray how we have not prioritized planning, let alone care about the safety of the people. Even more painful...
