The dream of owning property in Ghana is shared by thousands of Ghanaians abroad.
Whether it’s for retirement, family, or investment, real estate represents stability and legacy.
But too often, those dreams turn into nightmares, unfinished buildings, fraudulent agents, or
massive cost overruns.
The truth is, most of these problems are preventable with the right knowledge and
professional support.
This guide outlines the 10 most common mistakes the diaspora makes when investing in
Ghana, and how you can avoid every single one of them.
Buying Without Verifying Land Ownership
This is the number one mistake. Many people buy land from individuals who don’t legally
own it.
● Always do a land title search at the Lands Commission before paying a pesewa.
● Request a site plan and verify the land’s coordinates with a licensed surveyor.
Tip: Never buy land based on trust or family referrals alone. Verification beats
recommendation.
Ignoring Building Permits and Regulations
Building without proper permits may seem faster — until your structure gets demolished.
Local assemblies (like AMA, TMA, or KMA) require approved building plans before
construction begins.
Tip: Hire a certified architect to submit your drawings and handle your permit process early
Sending Money Without a Contract
A casual WhatsApp agreement with a contractor or family member isn’t enough.
Every project needs a written contract that outlines payment terms, deliverables, timelines,
and penalties.
Tip: If the person resists signing a contract, that’s a red flag. Always work through
transparent professionals.
Overtrusting Family or Friends to Manage Projects
It’s common for diasporans to assign relatives to supervise projects — but many end up
disappointed.
While family can help, they may lack the expertise or accountability needed for large
investments.
Tip: Combine emotional trust with professional oversight. Hire a project manager or
verified builder for technical supervision.
Paying in Full Before Work is Done
Construction should always be paid in stages, foundation, walls, roofing, finishing.
Upfront full payments encourage delays and sometimes total disappearance.
Tip: Set milestone-based payments and release funds only after visual proof of
completion.
Not Having a Local Lawyer
A qualified real estate lawyer in Ghana can save you from thousands in losses.
They help verify ownership, draft agreements, and file your title deeds properly.
Tip: Don’t rely on “lawyers” recommended by the seller. Always choose an independent,
licensed legal professional.
Starting Without a Clear Budget
Many projects stall because the owner started building without knowing the total cost.
Get a Bill of Quantities (BOQ) prepared before starting. It details expected expenses and
allows you to plan cash flow properly.
Tip: Include finishing costs, they often take 30–40% of the total project budget.
Using Unverified Contractors or Agents
Fake agents are one of the biggest threats in the market. They often post properties they
don’t own or inflate prices.
Tip: Use verified online platforms (like [Your Platform Name]) that screen listings and
agents before approval.
Failing to Insure Property or Ongoing Construction
Few diasporans ensure their ongoing projects but accidents, fires, or floods can happen
anytime.
Home insurance and construction risk insurance are essential protection tools.
Tip: Ask your contractor or bank about builder’s all-risk insurance and property coverage
once complete.
Thinking Real Estate Is a “Quick Money” Investment
Real estate in Ghana is a long-term investment, not a fast-profit game.
Returns grow steadily, through rental income, land appreciation, or resale, but only if you
buy right, build smart, and manage properly.
Tip: Focus on sustainable investment, not short-term speculation.
Real estate in Ghana remains one of the most stable and rewarding investments for the
diaspora. But success depends on education, patience, and due diligence.
At Proptis GH, we’re on a mission to make the property market transparent, connecting you
with verified listings, trusted professionals, and credible insights to protect your
investment and peace of mind.
Because every home you build or buy should be a source of pride not regret.
