May 22, 2025
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How to Safely Buy Property in Ghana: A Step-by-Step Guide for Smart Buyers

Buying property in Ghana can be one of the most rewarding investments you’ll ever make — but it also comes with serious risks if you don’t navigate it carefully. At Lumen Advisory, we exist to ensure that every buyer, whether living in Ghana or abroad, purchases their dream home or land with full confidence, clarity, and legal protection.
Here’s our expert-backed, step-by-step guide to help you buy property in Ghana the right way.

 
Step 1: Define Your Budget and Purpose

Before anything else, be clear about your goals:

  • Is this for residential living, rental income, or land banking?
  • What’s your budget in Ghana cedis or foreign currency?
  • Are you paying in full or seeking installment plans?

💡 Tip: Always budget for extra costs such as legal fees, Agents fees, due diligence, and transfer documentation.

“Always budget for extra costs such as legal fees, Agents fees, due diligence, and transfer documentation.“

Step 2: Choose the Right Location

Each area in Ghana has different pricing, infrastructure, and investment value. Here are some examples:

  • East Legon Hills / Oyarifa: Great for first-time buyers and young professionals.
  • Cantonments / Airport Residential: High-end, diplomatic zones.
  • Kumasi / Takoradi: Expanding regional hubs for smart investors.

💡 Tip: Work with a local expert who knows the terrain — or better yet, an independent advisor e.g. Lumen Advisory who prioritizes your interest.

Step 3: Never Skip Due Diligence

This is where most buyers go wrong. Before paying any money:

  • Check land title status at the Lands Commission.
  • Confirm that the seller has true ownership rights.
  • Inspect for encumbrances, disputes, or litigation risks.
  • Ask for a site plan, indenture, and stamped land documents.

💡 Tip: Lumen Advisory offers due diligence packages starting from just GHS 1,000.

Step 4: Conduct a Proper Property Inspection

Whether you’re buying land or a built property:

  • Visit the site (or have a trusted local rep inspect it).
  • Evaluate land topography, access roads, and utility connections.
  • For homes: Check structure, plumbing, wiring, and finishing quality.

💡 Tip: Can’t be in Ghana? Our virtual inspections with photo reports and videos will bridge the gap.

Step 5: Work with an Independent Advisor — Not Just an Agent

Most agents are seller representatives — meaning they get paid to push a sale, not protect the buyer.

💡 Tip: At Lumen, we don’t sell property. We represent buyers, ensuring every step is handled in your best interest — from property search to legal closing.

Step 6: Finalize Purchase with Legal Support

Once due diligence checks out:

  • Have a qualified real estate lawyer draft the sale agreement.
  • Ensure property transfer, stamping, and registration is properly done.
  • Make all payments via traceable bank transfer with receipts.

💡 Tip: Never pay based on verbal promises.

Ready to Buy Safely?

At Lumen Advisory, we’ve helped dozens of clients avoid land scams, overpriced deals, and long legal battles — and we’d love to help you too.

👉 Book a free discovery call now or download our Free Property Buying Starter Guide.

📞 Call/WhatsApp: +233 59 954 0906

🌍 www.lumen-advisory.com
📧 Email: info@lumen-advisory.com
Instagram: @lumen_advisory

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