Ghana's property market offers some of the best rental yields in West Africa. With a growing middle class, increasing expat population, and stable democracy β the fundamentals are strong. Here's what the data actually says.
Based on 19 active listings on RentFromGhana β updated in real time
| Area | Region | Avg Rent/Mo | Min | Max | Listings | |
|---|---|---|---|---|---|---|
| Labone | Greater Accra | β΅12,000 | β΅12,000 | β΅12,000 | 1 | View β |
| Cantonments | Greater Accra | β΅8,000 | β΅8,000 | β΅8,000 | 1 | View β |
| Airport Residential | Greater Accra | β΅6,500 | β΅6,500 | β΅6,500 | 1 | View β |
| Osu | Greater Accra | β΅6,500 | β΅6,500 | β΅6,500 | 1 | View β |
| East Legon | Greater Accra | β΅4,500 | β΅4,500 | β΅4,500 | 1 | View β |
| Airport Residential | Greater Accra | β΅4,200 | β΅4,200 | β΅4,200 | 1 | View β |
| Takoradi | Western | β΅3,500 | β΅3,500 | β΅3,500 | 1 | View β |
| Spintex | Greater Accra | β΅2,800 | β΅2,800 | β΅2,800 | 1 | View β |
| Adenta | Greater Accra | β΅2,200 | β΅2,200 | β΅2,200 | 1 | View β |
| Kumasi City Centre | Ashanti | β΅1,800 | β΅1,800 | β΅1,800 | 1 | View β |
| Madina | Greater Accra | β΅700 | β΅700 | β΅700 | 1 | View β |
| Mankessim | Central | β΅700 | β΅700 | β΅700 | 1 | View β |
Gross rental yields in Accra typically range from 6β12% annually β significantly higher than UK (3β5%) or USA (4β7%). Premium areas like East Legon and Cantonments yield 6β8%. High-demand mid-range areas can yield 10β12%.
East Legon and Airport Residential offer premium yields with stable expat tenants. Spintex and Adenta offer higher yields with strong local demand. Tema and Kasoa offer the highest yields but require more active management.
If you buy a property for β΅500,000 in East Legon, you can rent it for β΅5,000β8,000/month β a gross yield of 12β19% annually. Ghana's property laws allow foreigners to own leasehold property for up to 50 years.
You can purchase Ghana property remotely through a licensed estate agent and lawyer. Title deed verification is essential β insist on a Land Registry search. Use a reputable law firm for all transactions.
Many premium properties are priced and rented in USD, protecting you from GHS depreciation. Always negotiate whether your rental income will be in GHS or USD at the time of purchase.
The Lands Act 2020 modernised Ghana's property laws. Foreign nationals can own leasehold property. All transactions should be registered with the Lands Commission. Stamp duty applies on property transfers.
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