Posted In: Ghana Homes Articles
In Ghana, as in other developing and advanced countries, there are laws governing the building of houses, and construction in general. These laws, when conformed to, brings sanity into the construction industry, ensuring that all laws are obeyed and buildings built in a way to secure good living for human development.
Blocks and Bricks are both building materials, which can be used for the same purposes. However, the two have varied differences and similarities in terms of price, durability, choices, convenience, and their advantages over each other. In Ghana, the most common building material used is cement, which is employed right from the start to the finish of a construction work; i.e., in producing blocks.
Image source: Queensridge
Property in the form of land or buildings is referred to as real estate. It has become a profitable investment worldwide since real estate mostly appreciates in value over time.
Luxury real estate is high-end properties usually developed for high- profile/ high income / high worth people worldwide. Due to their massive resources and high-level income stream, most of them desire to live an elegant lifestyle, requiring high class buildings with high grade furnishings in a prime location. They mostly buy or own several homes and real estates in different countries across the world.
Is Relocating to Ghana Your Next Priority?
Watch Out for Experiences of Some Return Migrants.
A recent survey shows that Ghanaian migrants after having lived some years abroad return home for various reasons. The most common reason for their return was to find job opportunities at home. These returness came from different countries, namely the United Kingdom (UK), the United States of America, Germany, Norway, The Netherlands, Italy, Denmark and so on.
Land litigation remains one of the major problems in Ghana. Lately, issues regarding land have been on the increase, and have made most of the headlines. There have been a lot of demolishing exercises carried out; land guards selling and reselling lands to people; flooding, and tidal waves invading lands in areas such as Glefe, a community near Dansoman, and all suburbs in Accra in the Greater Accra Region.
Building is a part of our everyday lives, which we cannot do without. The homes in which we live, the offices in which we work, recreational centres, hotels, and all other facilities came into being through building.
In Ghana, as in any part of the world, there are many building contractors and construction firms who undertake building projects. Unfortunately, not all of them are accredited; and lesser; would they even think of introducing their clients to insuring their construction projects or properties.
If acquiring mortgage loan is a challenging and an exasperating option for many average Ghanaians, the interest rates that come with it is proven to be a catastrophic burden to all. In Ghana, many people have decried the rates at which interests are being charged by financial institutions and mortgage brokers, describing them as outrageous!
In Ghana, a standard single room must be approximately 14 by 14 feet and comprise a toilet, a bathroom, a kitchen, and in some rare cases, a porch.
Cement is the most commonly used building material in Ghana. Many commodities, goods, and services including petroleum products, have seen price hikes over the years with cement not being an exception. The price of cement within the last three years has been increased by almost 120%, causing controversies.
Accra (Ghana) – When filmmaker Leslie Amponsah was shown round a squalid and waterlogged property up for rent in a suburb of Accra, Ghana, she was quoted a monthly rate that was barely affordable, even on a decent income, and was told that the landlord wanted two years up front. The estate agent would also be charging a 10% commission, she was reminded, and was already being paid a fee for every viewing.