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Estates houses in Ghana and their prices

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Foster Dompreh | December 8, 2019

There are many estates houses in Ghana and their prices variations are quite dispersed depending on various factors which might be relevant or otherwise. Some areas in cities like Accra, Takoradi, Kumasi command more prices than other areas irrespective of the house in these estates. The prices of these estate houses sums up the facilities some of them provide; swimming pools, guest house facilities among a few things, parking lots and land area size.

 

An estate in Ghana provides good road network, serene, quite environment, professional security officers at vantage points, neat compound with effective workers around. Also, some of them estates have fully backup of generator for power supply and Water supply. Most of these estates have a multi court park for recreational activities; for soccer, basketball to do sporting activities among others. To buy an estate visit: Oxglow Properties

 

The need for purchasing estate houses have seen an increased over the period of time due to a lot of factors, such as the issues of prolonged land entitlement battles and challenges which comes from building a house and the long time it takes. Buying an estate house brings much straightforwardness in the transaction and ownership. However, some information is needed for anyone looking to buy estate houses in Ghana. Sometimes these information are scanty and does not come handy. Making the right decision also needs personal information or attestation.

 

Estates in Ghana and their prices

 

One always asks how many real estates are there in Ghana? The answer is a bit straightforward; a lot of estates. But, information about them are scarce since they spring up a little much more faster and in obscurity until a tenants alerts someone. One thing for sure is that the prices are quoted in US dollars due to exchange rate disparities of the Ghanaian cedi which is seen as an eroding the gains or value of the houses. Starting from Accra, here are the few estates and their prices.

 

 

1. Accra

Starting with estates in Accra which is the capital city of Ghana, we have Regimanuel Gray Ltd, Lakeside Estates, Apolonia Estates, Green Opal Properties, Paradise Estates, Emerald Properties, Avenue Estates and a lot more. With a lot of them concentrated in East Legon, we have Crystal Gate Estate. The prices ranges between $400,000 - $700,000 thus (₵2,200,000 – ₵ 3,385,000) for 4 – 6 bedroom house in prime areas as Airport Residential, East Legon, North Ridge and Cantonments. Most of these houses also occupies land size of area 300Sq Ft. Most times the land size that the building occupies play a huge role in determining the cost of these houses. However when you move to areas around north legon and some other parts of Accra, these same number of bedroom houses will be in the selling prices of $250,000 - $350,000. But will not provide that kind of porch environment or prestige that the other ones do provide. Higher number bedrooms tends to be relatively cheaper compared to the lesser ones, however they are not that many since, only few people demand such number of bedroom houses.

For 2 – 3 bedroom houses which occupies about smaller size of land space, thus 150sq ft to 250 sq ft, the prices ranges from $150, 000 - $380,000 (₵825,000 - ₵ 2,090,000) depending on the whether there is a swimming pool in the estate houses and the prestige of the area.  Mostly the 3 bedroom houses tend to be much desirable and highly priced in this range due to the extra room it gives from visitors of the occupants. Depending on the estate, the land area might come with extra pecks as packing spaces and visitor arenas.

 

 

2. Kumasi

When we move to Kumasi in the Ashanti region the second largest capital city in Ghana, some of the estates are Acheamfour estates, Asenso estates, parkoso estates, Angel estate houses, Prabon Greenfields, Chirapatre Estates, NaaChia Estates Limited. The prices of these estate houses differs greatly from Pankrono estates, Ahodwo Nyiaso and Airport area. With the closeness to the Airport as well as very few facilities the prices tend to differ much. Also, there is Bomso Estate houses which is close to the KNUST, Ejisu, Danyami among others.

The 4 – 6 bedroom houses in estates in Kumasi tend to start from $350,000 to $750,000 thus in cedis currently (₵1,950,000 - ₵ 4,125,000). The prices tend to be a little higher in Kumasi due to the prime areas and the number of estates which are much fewer compared to Accra. Also, the area of land size for these estate houses tend to be much bigger ranging from 200 sq ft to about 300 sq feets. Mostly the Paraku estates and those close to the airport and manyia tends to command such prices.

Moving to the 2 – 3 bedroom houses, the prices of these ones do not differ that much from the ones in Accra. The price ranges between $120,000 to $350,000 depending on the particular estates which you are buying from. The area size that accompanies these hosues tend to range from 150sq fts – 200 sq fts. To find out more about were to get the affordable estate hosues visit Oxglow Properties

 

Estates houses in Ghana and their prices

 

 

 

3. Tamale

Now, we tend our attention to the Northern part of Ghana, Tamale. There are few notable estates in Tamale, namely Kalpohin Estates, Sabonkudi Estates and many others.

 

The prices of the 4 – 6 bedroom houses are relatively much low priced than the ones in Accra and Kumasi. That is ranging from $200,000 to $450,000 (₵1,000,000 - ₵ 2,450,000)  depending on the area or estates location. Mostly the houses in Kalpohin estates have much affordability and spacious as well. Their estates are well protected and close to various necessary business and social facilities.

 

Coming down to the 2 – 3 bedroom houses also ranges between $80,000 to $250,000 (₵440,000 - ₵ 1,375,000)  depending on the area or estates location. Mostly a land size of 150sq feet to 200 sq feet depending on the nature of the building and necessary facilities. The estate house prices in Tamale are much considerate compared to those in Accra and Kumasi.

 

 

4. Takoradi

Moving to the Wester Region of Ghana and specifically Sekondi – Takorida the estates are Mussey Estate,  Anaji Estate, Acklay Properties among others. To ascertain the price of houses in estates in this area. Relatively the prices a not uniform. Some of the houses could sell as high as $1,000,000 depending on the area. With the discovery of oil the houses have seen some increase in prices from these estates.

 

We start with the 4 – 6 bedroom house in those estates in Takoradi. The prices ranges from $420,000 to $1,000,000 (₵2,310,000 - ₵ 5,500,000) depending on the estates. Also, the price could get close a little above $1,000,000 if there are amenities such as swimming pool and close to the beach which has some great scenery.

 

With a 2 – 3 bedroom house, most of the estates have the prices up a little more especially close to the beach areas. The prices of the estates ranges from $250,000 to $500,000 (₵825,000 - ₵ 2,090,000)  which shows a little increase compared to other areas in Accra and Kumasi. The estates in Takorida and other part of western region have the dynamic price range concerning where the house is located in the estates and its attributed prices.

 

 

 5. Koforidua

Last but not the least, coming to the Eastern Region of Ghana and focusing on Koforidua as the capital city of the regions there are few estates; that is the Adweso Estates, SSNIT Old Estates, Two Streams estate among a few.

 

The price of 4 – 6 bedroom houses ranges between $130,000 - $180,000  (₵650,000 - ₵ 990,000) which depends on the estate you choose. Some of them have good roads and associated facilities and others do not have them. However, the prices depends on accessibility and other associated facility.

 For the 2 – 3 bedroom houses in the selected estates it ranges between $30,000 - $120,000 (₵165,000 - ₵660,000). With most of the houses having the necessary facilities and amenities, some of the houses could also fall below these estimates in many instances. But, these price ranges assures anyone of a readily available house in the estates. Comparatively the few the estates the higher the prices of the houses.

 

 

Looking at the price of houses in these estates, there is no doubt that Takoradi commands a much higher prices for their estates in specific areas and also the ones in Tamale give much more area size to their buildings. The low estate houses are in the Easter Region, Koforidua. However, many of the estates are in Accra offering great and affordable as well as serene environment estates. Now you have it, make the best decision of these information to choose the next house in the estate of your choice.

 

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