It's a reasonably safe bet that Ghana doesn't immediately
spring to mind for most property investors. However, when you look further into
what Ghana has to offer, you will see that it deserves a position on anybody's
short-list.
Much of the attraction of comes from its tropical location, and political
stability that most other African nations can only dream of. Ghana has a legacy
as the center of the gold, ivory, and slave trade during the 17th and 18th
centuries, when the mighty Ashanti Empire held sway here. Much of the heritage
of these times is still there to be seen. A popular example is El Mina Castle
where the slave dungeons still exist and you can still see the ominous signs
directing slaves to the Caribbean and American bound ships.
Ghana also possesses some wonderful natural attractions. These include one of
the best game
reserves in West Africa, a multitude of great beaches, and Lake Volta.
The damming of the Volta created this enormous Lake which is also the site of
Kujani National Park, though Ghana's best-known park is Mole, located in the
north.
The beautiful coastal areas remain mostly undeveloped. This is due to the
system of land ownership by local chiefs. It is expected that the government
will seek to change this in the near future opening up the possibility of
development on prime beachfront locations. In the meantime, most available
property is in the capital City of Accra and its suburbs.
Prices remain very low with three bedroom properties on large plots costing as
little as £27,000. The inflow of expatriates and second home owners has been
increasing steadily over the years, but Ghana remains relatively undiscovered.
As the country becomes increasingly popular and the prospect of coastal
development is realized, Ghana should start to find itself closer to the top of
the list.
Our online database is currently being updated.
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