Luxury properties in Ghana – What to look out for

Ghana, a country located in West Africa, has seen rapid growth in the real estate industry, with luxury properties being one of the most sought-after types of properties. Luxury properties in Ghana are becoming more popular and desirable among affluent buyers who want to enjoy the country’s rich culture, natural beauty, and economic opportunities. However, finding the right luxury property in Ghana can be challenging, as there are many factors to consider before making a purchase. 

Quao Realty has been at the forefront of developing luxury properties in Ghana, and in this article, we will discuss what to look out for in luxury properties in Ghana. Here are some of the things to look out for when searching for your dream home in Ghana.

The location matters

The location of a luxury property is a crucial factor to consider. In Ghana, luxury properties are located in some of the most prestigious and affluent neighbourhoods such as Cantonments, Airport Residential Area, East Legon, and Sakumono. These areas are known for their high-end restaurants, shopping malls, and other amenities, making them perfect for luxury living.

READ ALSO: High-value Neighborhoods for real estate investment in Ghana

Design and Architecture

Luxury properties in Ghana are designed and built with the highest quality materials and attention to detail. From the exterior to the interior, luxury properties are built to impress. The architecture of luxury properties in Ghana is usually a blend of modern and traditional styles, with a focus on incorporating local materials and designs. Luxury properties in Ghana should meet high standards of quality and design, with features such as spacious rooms, modern appliances, elegant furnishings, security systems, and landscaped gardens. You should also check the condition and maintenance of the property, as well as the reputation and track record of the developer or seller.

Amenities

Luxury properties in Ghana come with an array of amenities, including swimming pools, gyms, saunas, and gardens. Some luxury properties also come with additional amenities such as cinema rooms, wine cellars, and indoor game rooms. These amenities are designed to provide a luxurious living experience for the residents.

READ ALSO: All you need to know as a real estate investor in Ghana

Security

Security is a top priority for luxury properties in Ghana. They are equipped with state-of-the-art security systems such as CCTV cameras, intercom systems, and manned security gates. This provides residents with peace of mind knowing that they are safe and secure in their homes.

Price

Luxury properties in Ghana can vary widely in price depending on the location, size, quality, and demand. You should have a realistic budget and do some research on the market trends and prices of similar properties in the area. You should also factor in the costs of taxes, fees, insurance, and maintenance when calculating your total investment.

Investment Value

Investing in luxury properties in Ghana is a wise decision as they provide excellent investment value. The real estate industry in Ghana is rapidly growing, and luxury properties have consistently shown appreciation in value over the years. This makes them an excellent investment opportunity for those looking to invest in the Ghanaian real estate market.

Legal

Buying a luxury property in Ghana involves a complex legal process that requires professional guidance and due diligence. You should hire a reputable lawyer who can help you with the title search, contract review, registration, and transfer of ownership. You should also be aware of the laws and regulations that govern property ownership in Ghana, such as the Land Use Act, which restricts foreign ownership of land to 50 years renewable leases.

READ ALSO: Can foreigners buy property in Ghana, legally?

In conclusion, luxury properties in Ghana offer a unique and luxurious living experience. They are located in some of the most affluent neighbourhoods, designed with the highest quality materials, equipped with a range of amenities, and provide excellent investment value. At Quao Realty, we are committed to developing luxury properties that meet the needs and expectations of our clients. Contact us today to learn more about our luxury properties in Ghana.