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Ghana government launches National Rental Assistance Scheme for workers

The Ghana government on Tuesday, launched the National Rental Assistance Scheme (NRAS) to provide rent loans to both formal and informal sector workers with verifiable and regular income. The first phase of the scheme to be implemented with GH¢30 million will provide eligible Ghanaians with a mechanism to pay low monthly rent, effectively removing the need for rent advance payment within five regions –...

How Real Estate Agents Get Paid In Ghana

A Real estate agent does not have a weekly wage or monthly salary as seen in other professions. What is earned as income in the real estate agency business is simply a commission. Although real estate agents do not receive a regular paycheck, there are many different ways they get paid for their services. Sales Commission The primary way real estate agents make money in Ghana is by taking a percentage of...

Nungua Mantse requests homeowners at Trasacco Valley to engage the stool or lose their properties

The Chief (Mantse) of Nungua has requested homeowners at Trassaco Valley Estates to formally engage the Nungua Stool secretariat to regularize the ownership of the lands on which their properties are situated. Oboade Notse King Prof Odaifio Welentsi III said this must be done in order not to lose their properties. The request is contained in a notice to the residents/homeowners dated September 1, 2022,...

What Real Estate Agents in Ghana need to be prepared for in the New Legislation

On the 29th of December, 2020, the real estate agency bill 2020 (Act 1047) was enacted as a law to regulate real estate practice and all commercial real estate transactions in Ghana. As a real estate agent or broker, you surely do not want to be caught in the dark concerning the requirement of these new reforms. It is critical to be familiar with these reforms and prepare adequately for them. Aspects of...

What You Need to Know before Buying and Developing Land in Ghana

So, you've bought a piece of land in your community and you're planning to build it soon. Good for you, since development is springing up in almost every part of the country. Even better if the land is located within or around urban centres, such as Accra, Kumasi, Takoradi or Tamale. Before you get too excited about developing your newly-bought land, there are a few things you must have in mind. Yes, you...

Africa Real Estate Conference and Expo launched in Accra

https://www.youtube.com/watch?v=la-C_xj5atQ   The second Africa Real Estate Conference and Expo (ARCE) was launched on Tuesday in Accra ahead of the main conference in September 2022. The 4-part conference has been classified into; pre-conference education, main conference, exhibition, and awards under the theme: "Role of Real Estate and Infrastructure In Achieving Sustainable Goals and...

Kpalba and Wapuli bridges to be constructed – Roads Minister

The Minister for Roads and Highways, Kwasi Amoako-Attah, has disclosed that government has     received 21 new bridges as part of 87 expected to replace old bridges in the country which have outlived their lifespan. According to the Minister, the Kpalba and the Wapuli bridges would be replaced to save the people of the Saboba District from the annual flooding. “The two bridges which have challenged...

Debunking Some Age-Old Misconceptions about Land for Sale.

Ghana has a rich cultural heritage with every town or city having its legends and myths. Most of these stories are not factual. They’re what is known in the local parlance as ‘Kwaku Ananse stories’ – these are stories written and told not to be believed but to shape moral standards and are told for both the indigenes and foreigners to appreciate the rich culture Ghanaians find so important to...

4 Things To Consider when Buying a Land In Ghana

Already occupied houses for sale have secrets, whether it be septic not functioning properly or leakage in the roofing systems. This is why buyers need to do their homework before deciding to purchase. The same can be said about vacant lands for sale. They, too, may hold unwanted surprises you wouldn't want to find out after conveyancing. Here are some of the things you need to consider when buying land in...

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