In Brief
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Who this guide is for |
Ghanaians and Ghana-connected investors based abroad |
|---|---|
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Can you buy from abroad? |
Yes — the full purchase process can be completed remotely |
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Entry price |
From $130,000 / GH₵1,534,300 over 24 months |
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Currency |
USD — protects against cedi depreciation |
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Key first step |
Appoint a qualified Ghanaian property solicitor before any payment |
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Featured development |
Zenwood · No. 37 Senchi Street · Airport Residential Area, Accra |
For Ghanaians living abroad, buying property back home has never been more commercially compelling. The cedi’s depreciation makes Ghana’s USD-denominated real estate an effective store of value. Airport Residential’s sustained rental demand means the asset earns from day one of completion. And a 24-month payment plan means the investment can be funded from overseas income without a lump-sum transfer.1
Can You Buy Property in Ghana from Abroad?
Yes. There is no legal restriction on Ghanaian citizens or foreign nationals purchasing residential property in Ghana from overseas. The full purchase process can be managed remotely. What cannot be skipped: a qualified Ghanaian property solicitor must conduct a title search at the Lands Commission on your behalf before any money changes hands.
Why Diaspora Buyers Are Choosing Accra Right Now
Currency advantage. Accra’s premium property market is priced and rented in USD. For buyers earning in GBP, USD, or CAD, this removes currency mismatch. As the cedi has depreciated against major currencies, dollar-denominated Accra assets have appreciated significantly in cedi terms.
Off-plan payment plans. Staged payments over 24 months make Accra property accessible without liquidating savings or remitting a large lump sum. Monthly contributions from overseas income fund the acquisition while the building rises.
Rental income from completion. In Airport Residential, the tenant pipeline is employer-funded and consistent. With a management partner in place, a diaspora owner receives USD rental income from day one of completion without being on the ground.
The Step-by-Step Process for Buying from Abroad
Step 1: Choose a development and request a virtual tour. Zenwood’s sales team offers virtual tours as standard for diaspora buyers. Step 2: Appoint a Ghanaian property solicitor — independent of the developer — to conduct title due diligence and review the Sale and Purchase Agreement. Step 3: Conduct a Lands Commission title search. Do not proceed without a confirmed clear title. Step 4: Sign the SPA. Review the completion longstop date and remedies for delay. Step 5: Pay the reservation fee and commence tranches via international wire transfer. Step 6: Appoint a property management partner before completion — management fees typically run at 8–12% of monthly rental income. [verify: prevailing Accra rates] Step 7: On completion, your solicitor oversees handover and commences title registration.
What to Watch Out For
Verify banking details independently by phone before every transfer — never via email forwarding alone. Ensure Lands Commission title is registered and unencumbered. Require a contractual completion longstop with termination rights. Clarify management fee scope before appointing a manager.
Zenwood: Built for the Diaspora Buyer
Zenwood at No. 37 Senchi Street offers one-bedroom units from $130,000 on a 24-month plan in Airport Residential Area — Accra’s highest-yield postcode for expatriate long-let. The sales team handles the full diaspora purchase process remotely: virtual tours, digital documentation, international payment coordination, and introduction to solicitor and management partners.
www.zenwoodgh.com · +233 55 935 2042 · sales@krafthausgh.com
Frequently Asked Questions
- This article does not constitute financial or legal advice. Diaspora buyers should appoint a qualified Ghanaian property solicitor and conduct independent due diligence before any purchase commitment. Analysis by Krafthaus Limited (krafthausgh.com) · Accra, Ghana ↩︎
