The Ghanaian dream – The Real Estate Perspective

We are all too familiar with the American Dream, the belief that you can make it no matter what and climb the ladder of success.

What about the Ghanaian Dream? What does it mean to you?

The Ghanaian dream is one where you excel in school, get a good job and become a shining example in your family and community as to what hard work can do for the average person. This success is multifaceted; a good nuclear family, home, car(s). It all presents a lifestyle that we aspire for. A home is a major part of the success story, to own one is great, to own several buildings is outright wealth. There is no doubt that every young person setting out in life wants to build his or her own house for his or her family. To own a home is seen as the mark of healthy progress and arrival at the top; the bigger the better.

Homeownership has long been accepted as a core component of the Ghanaian dream, as it confers several economic benefits on homeowners, including the ability to accumulate wealth, build equity and reduce housing costs. According to data from the Trading Economics global macro models and analysts expectations, homeownership was expected to reach 47.20 percent by the end of 2020.

Real estate is one of the fastest-growing investment vehicles in Ghana. When utilising various tools that have now become popular such as mortgages, you are able to manage investment portfolios so that your money grows and brings future returns. As a homeowner, you leverage real estate for wealth and simultaneously build equity. According to a 2018 Urban Institute study, the returns on owning a home typically outperform the stock market thus proving there isn’t a better way to save for the future which will empower your financial freedom

Quao Realty is a real estate company that has eased the burden of the building by providing luxury property options to help you attain your Ghanaian dream. We understand the importance of good investments and the impact they can have on your future.

For anyone whose Ghanaian dream would be to own a tailor-made home within Accra with luxurious amenities, a Quao Realty home would be the best pick.

Quao Realty provides a collection of luxury and quality homes and our property managers will be delighted to go over your options, either as a tenant or a landlord. We are only a quick call away. Give us a ring today!