June 3, 2025
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7 Property Buying Pitfalls to Avoid in Ghana (And How to Buy Safely)

Insights from Lumen Advisory, Ghana’s Trusted Buyer Representation Firm

Buying property in Ghana can be one of the most rewarding investments you ever make — but it can also become a costly mistake if approached without caution. Too many buyers, both local and in the diaspora, fall prey to fraud, inflated prices, or legal traps due to lack of guidance.
At Lumen Advisory, we work as independent buyer agents to help you avoid these issues. In this blog, we share the top 7 mistakes to avoid when buying property in Ghana and how to do it safely.

1. Trusting Verbal Promises

Never rely on spoken agreements — especially in land or home sales. Always ensure everything is documented in writing with legal review. Property sales in Ghana require clear contracts, signed indentures, and documented title processes.

2. Skipping Due Diligence

Too many buyers jump into deals without checking:
– Who truly owns the property
– Whether the land is under litigation
– If the site plan matches the actual property
This is where Lumen’s land verification and due diligence service becomes essential.

3. Dealing with the Seller’s Agent Only

A seller’s agent works for the seller — not you. Their goal is to close the sale, not protect your interest. You need someone on your side — like a buyer’s agent — to negotiate fairly, check for red flags, and confirm you’re getting what you paid for.

4. Ignoring Market Comparisons

Don’t accept the listed price at face value. Without local market knowledge, you may overpay. At Lumen Advisory, we conduct market research to help you get fair value — whether you’re buying in Accra, Kumasi, Takoradi, or elsewhere.

5. Underestimating Legal and Registration Requirements

Failing to register your property can put your entire investment at risk. Proper registration with the Lands Commission, getting a title certificate, and completing surveys is a non-negotiable part of safe property ownership.

6. Rushing to Build Without Professional Oversight

Many buyers want to build right after purchase. But without experienced construction project supervision, your build could suffer from poor materials, cost overruns, or fraud. Lumen provides post-purchase support to help with building, renovations, and furnishing.

7. Falling for Social Media Property Scams

Many fraudulent sellers use WhatsApp groups, Facebook pages, and property portals to lure buyers. Photos are often edited, ownership is unclear, and documents are fake. Lumen only works with verified listings and vetted sellers to protect our clients.

How Lumen Advisory Helps You Buy Safely

At Lumen Advisory, we work for you — not the seller. We:
– Represent your interests from search to purchase
– Verify ownership and check for litigation
– Coordinate with surveyors and lawyers
– Negotiate pricing and terms
– Support renovations, furnishing, and even rentals

Whether you’re buying a home, land, or investment property, you deserve protection and peace of mind.

Ready to Buy Safely?

Call us or visit www.lumen-advisory.com to schedule your free consultation. Let’s help you buy property in Ghana — the smart way.

Why Choose Lumen Advisory?

At Lumen Advisory, we are Ghana’s leading independent buyer and renter advisory firm. Our mission is to represent you and only you — not the seller, not the agent, not the developer.

We offer:

  • Personalized property search (buy or rent)
  • Verification & due diligence
  • Independent representation at viewings
  • Legal coordination and post-purchase support
  • Mortgage brokerage and diaspora support
  • Renovation, furnishing, and relocation concierge

Whether you’re buying land, a finished home, or considering a rental before buying — we act as your trusted local eyes and ears.

Lumen
Author: Lumen

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