Buying a land in Accra or in Ghana presents additional problems and requires that the buyer takes extra steps to ensure that you are not left frustrated and with high legal fees.
In Ghana real estate development has been very quickly growing over the last few years. The beauty, serene and peaceful life Ghana has to offer has made Ghana an attractive relocation destination for several expats and Ghanaians living abroad. Before you rush off to purchase properties or a land in Ghana, let us consider some of the things you need to be aware of before making that major final decision.
Accra lands are prone to dispute - Who owns the land?
Make certain that you know the real owner or owners of any land for sale in Ghana before any money exchange hands. It is extremely vital that you buy lands for Sale in Ghana from the correct owners of the land. Sadly to say, there are many instances where lands in Accra and other parts of Ghana have been sold by persons who do not own them, or has been sold to more than one person. Consequently this has led to a major rise in land litigation cases in Accra and Ghana.
To ensure that you do not find yourself in a land litigation case, you will need to exercise due diligence to protect yourself. So what can you do?
Ensure that all Ghana land title reviews are performed at the appropriate government office and a land valuation is also performed. Although these checks are chargeable, it would be well worth the price for your own peace of mind.
Personally review all documents yourself and also ensure that you are involved in the entire buying process.
Before you make that payment, as an added measure, have an independent lawyer review your documents before you transfer any funds.
Good Practice even after the land has been bought
Over the years experience has shown us that developing a purchased land as soon as possible also helps to ensure less questions of ownership. Developing the land does not necessarily require for a building to be erected soon after purchase although ideally that would be the best thing to do. If you are not in a position to immediately develop a purchased land, make sure that the entire perimeter of the land is walled and gated. Doing this is a loud and clear signal to any potential buyers that the land may have been sold and therefore to carry out their own due diligence before making any payments.
Our Recommended method to Buy land in Accra or Ghana Lands for Sale?
In our opinion, ultimately the best way to buy land in Ghana is to buy from a registered and reputable real estate agency or developer. If you are still not sure, have any questions or concerns feel free to contact us here at http://Ghanalandlords.com and we will be happy to put you in contact with a reputable real estate agency in Accra.
We wish you the very best in your search for a new home in Ghana!