About Us
Welcome to Property Rent Sale (PropRentSales), your trusted partner for real estate solutions tailored to the needs of clients in the diaspora. Whether you’re looking to buy, sell, or rent properties for investment, personal, or commercial use, our dedicated team is here to make your real estate journey secure and straightforward.
At PropRentSale, we prioritize quality, security, and peace of mind. We work exclusively with reputable and thoroughly vetted developers, ensuring that every property we list meets our high standards. This commitment to excellence allows our clients to invest with confidence, knowing their properties are backed by reliability and integrity.
To support our clients’ financial goals, we have partnered with leading banks, offering exclusive financing options that make property ownership more accessible. This unique approach means our clients have more flexibility and support in reaching their property ambitions.
With over a decade of combined experience in the real estate industry, our team brings a wealth of market insight and expertise to every transaction. From the first consultation to closing, we are committed to providing a seamless, professional, and transparent experience that sets us apart as a premier real estate agency.
Choose PropRentSale for a partnership grounded in trust, expertise, and dedication to your success.
Maximise Your Investment Returns with Property Investment in Ghana
Welcome to Property Rent Sale (PropRentSale), your trusted partner in maximizing investment returns in the thriving property market of Ghana. We believe in the potential of Ghana’s real estate as a profitable avenue for both seasoned investors and newcomers. Our expert team is dedicated to working closely with you to understand your unique investment goals, helping you identify the ideal property opportunities—whether for buy-to-let, sales, rental, or commercial use.
With years of experience and an in-depth understanding of Ghana’s dynamic property landscape, our professionals offer insights and strategies that make a difference. We are committed to guiding you every step of the way to ensure you make well-informed investment decisions.
Whether you’re looking for high-yield residential properties, bustling commercial spaces, or growth-ready rental investments, Property Rent Sale is here to help you realize your investment aspirations in Ghana.
Let us turn your real estate vision into a successful reality. Connect with us today and explore the full potential of property investment in Ghana.
Affordability and Demand
Ghana’s real estate market has experienced significant growth, driven by strong demand and promising affordability, making it an appealing investment opportunity. With an annual urbanization rate of 3.4% and a growing middle class, Ghana is seeing a consistent rise in demand for both residential and commercial properties (World Bank, 2021). Accra and Kumasi, the largest urban centres, have seen property value appreciation rates of over 20% in the past five years, particularly in mid-range housing.
Affordability remains a core attraction, especially in emerging neighbourhoods where property prices per square meter are considerably lower than in other West African nations like Nigeria. According to the Ghana Statistical Service, the average cost of a two-bedroom apartment in Accra is around $50,000, appealing to both local buyers and international investors. The government’s recent initiatives, such as affordable housing projects and tax incentives for developers, further enhance investment appeal (GSS, 2023). As a result, Ghana’s property sector is projected to grow by 5% annually through 2026, making now an ideal time for investors to enter this emerging market.
References
Ghana Statistical Service (2023). Real Estate Data. Ghana Statistical Service
World Bank (2021). Ghana Urbanization and Housing. World Bank
Ghana Economic growth
- Economic Growth and Housing Demand
- Ghana has shown consistent economic growth with a GDP increase of 3.2% in 2022, despite global economic challenges. The World Bank projects further growth, driven by industries such as agriculture, mining, oil, and telecommunications.
- The rapid urbanization rate—over 56% of Ghanaians currently live in urban areas—is expected to keep growing at 3.4% per year. With Accra and Kumasi as major hubs, this has created significant demand for affordable housing, middle-income homes, and luxury properties, especially in Accra, Kumasi, and Takoradi.
- House Price Growth
- Ghana’s real estate market has been experiencing steady house price growth over the past few years. In 2021 alone, the residential property price index rose by 12.7% in major areas like Accra. Key upscale areas, such as East Legon and Airport Residential Area, continue to see property value increases due to high demand among both locals and the Ghanaian diaspora.
- On average, property prices in Accra range from GHS 300,000 ($26,000) for affordable housing up to GHS 1.5 million ($130,000) or more for luxury properties in premium locations.
- Rental Growth
- The rental market in Ghana has also experienced strong growth. In Accra, rents for mid-range apartments increased by approximately 10% from 2021 to 2023. Expatriate demand for high-quality rentals in Accra’s business districts and surrounding affluent neighbourhoods has further driven this increase.
- Rental yields in Accra are competitive, ranging between 8% to 11%, attracting local and foreign investors alike. This growth in rental returns appeals to investors looking for consistent returns, especially given the demand in high-density areas and commercial hubs.
- Hospitality and Tourism Growth
- Ghana’s tourism industry has witnessed substantial growth, underpinned by the Year of Return initiative in 2019, which attracted a large influx of international visitors. This campaign was extended to “Beyond the Return” in 2020, aimed at maintaining interest among the African diaspora in settling, investing, or touring Ghana.
- The hospitality sector’s growth has positively impacted the demand for short-term rental properties, hotels, and serviced apartments. Visitor numbers are expected to rise from about 1.1 million tourists in 2021 to an estimated 1.5 million by 2025, as per Ghana Tourism Authority estimates. This steady influx has bolstered hotel occupancy rates and encouraged property developments targeted at tourists and temporary residents.
- To meet this demand, Accra has seen an expansion in hotel development, with new establishments from global brands such as Marriott, Hilton, and Mövenpick.