5 Steps for Finding The Best Apartments For Sale in Accra

5 Steps for Finding The Best Apartments For Sale in Accra

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Apartments for sale in Accra have over the years been in high demand and this can be attributed to the city’s cosmopolitan nature and the many economic opportunities available . We can assure you that whether you like the bustle of the city center or the serenity of the outskirts, there is an apartment for sale in Accra that will suit your preferences.

In fact, each neighborhood in Accra possesses a unique beauty. For instance, East Legon is a trendy and multicultural area that draws many young professionals and expats due to the diversity of restaurants, coffee shops, and nightlife options present. The area is also home to two highly acclaimed schools: Galaxy International School and American International School.

Additionally, Cantonments is a peaceful, upscale neighborhood that is popular with families and retirees for its convenient access to other services including supermarkets such as maxmart and Koala as well as medical facilities such as North Ridge Hospital and Akai House Clinic

In contrast, Osu is a vibrant and multicultural area with a busy street market, art galleries, and museums including the National Museum of Ghana.

The trendy Labone neighborhood is home to a mix of residential and commercial spaces, as well as coffee shops, restaurants, and specialty stores including MilkBox Cafe and the Honeysuckle. 

Ridge is known for its tree-lined streets, opulent homes, and easy proximity to well-known locations like Independence Square and the National Theatre of Ghana even though it is mostly a residential neighborhood.


Selecting the top apartments for sale in Accra is important for a number of reasons. First off, making prudent real estate investments can help you build equity and eventually increase your net worth. Another advantage of house ownership is the freedom to decorate the interior, which is sometimes limited when renting and may make the space feel more like yours.

Finding the ideal apartments for sale in Accra requires time, patience, and careful research, whether you’re a novice buyer or a seasoned investor. We have therefore listed the most important measures you may take to navigate Accra’s real estate market and find the apartment of your dreams. 

Determine Your Budget and Financing Options

Developing your budget and financing options is among the most important  activities you must complete while looking for apartments for sale in Accra.

 Depending on the apartment’s location, size, and facilities, the price might vary significantly in Accra. You can limit your options and only consider homes that are inside your price range by setting a budget.

For instance, you should be prepared to pay a premium price if you want to purchase an apartment in an exclusive area like Airport Residential. However, if you’re willing to search in areas like Teshie or Madina, you might be able to find more affordable options that fit your budget.

You can choose from a number of financing alternatives. To pay for your purchase, for instance, you can consider obtaining a mortgage from a bank or other financial organization. 

Standard Chartered Bank, which has branches in Osu, Ridge, and Spintex, and Fidelity Bank, which has locations in East Legon, Osu, and Tema, are two of the popular banks in Accra that offer mortgage financing options. Ghana Home Loans and HFC Bank are two more Accra-based financial firms that offer mortgage financing options.

A payment plan is another way to pay for your apartment purchase. Many Developers in Accra have payment options that allow you to put down a deposit and spread out the amount over time. If you don’t have a large amount of money to pay upfront, this option may be extremely useful.

When looking for apartments for sale in Accra, it’s important to carefully consider your financing alternatives before deciding on a course of action that works for your needs and financial condition. By doing this, you may locate the top apartments for sale in Accra.

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Factors to Take into Account When Setting Your Budget

When choosing your budget for apartments for sale in Accra, you should take into account a number of things. Your income, expenses, and any outstanding debts are some of these variables. It’s also crucial to account for other expenses related to property ownership, such as maintenance fees and energy expenditures.

In addition to these other factors, the current state of the Accra real estate market should be considered. The current increase in luxury real estate projects may have affected the cost of real estate in areas like Cantonment And East Legon, for example.

The COVID-19 pandemic has also had a substantial effect on Accra’s real estate market. While rental and sales activity has slowed in certain regions, it has stayed consistent or even increased in others. For example, Osu and Labone, which have convenient access to services and transportation, have remained in high demand.

It’s important to engage with a knowledgeable real estate agent who can give you knowledge of the market circumstances and assist you in making informed decisions regarding your finances and financing possibilities.

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Choose Your Preferred Location

The ideal location is essential when looking for apartments for sale in Accra. Accra is a thriving city with a wide variety of neighborhoods, each with its own personality and services. You’ll have a better chance of finding an apartment you’ll enjoy if you choose a location that fits your interests and way of life.

Lagos Avenue, Jungle Avenue, and Boundary Road are a few of the well-known streets in Accra’s sought-after East Legon area. Nii Nortey Dua Street, Airport City Road, and Seventh Avenue are just a few of the well-known streets in the area known as Airport Residential.

The Cantonments neighborhood, which comprises streets including Cantonments Road, First Circular Road, and Fifth Circular Road, is also very popular.

Other well-known Accra neighborhoods include Ridge, Osu, and Labone. Labone has streets like Ridge Road and Independence Avenue, Osu has streets like Oxford Street and Ring Road Central, and Labone has streets like Labone Crescent and Labone Link.

Take into account aspects like safety, accessibility to medical facilities and educational institutions, and ease of transportation when deciding where to live. Due to their close proximity to services and international schools, areas like Labone and Osu, for instance, are well-liked by expats.

Factors to consider when choosing a location

There are many important considerations when picking the ideal location for your apartment in Accra. These could include having access to public transportation like trotros and taxis, feeling comfortable and secure, being close to vital locations, like your office, and having facilities like dining, shopping, and entertainment options available. Choosing the appropriate location that satisfies your wants and preferences is the way to go.

For instance, if you are a young professional looking for apartments for sale in Accra’s commercial center, you could opt for a place like East Legon, which is close to the airport and provides convenient access to the bigger city.

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Search for Apartments For Sale In Accra

The real estate market in Accra has grown significantly in recent years. Many Real estate firms, including Devtraco Plus, Emerald Properties, and Lakeside Estate, concentrate on creating and offering homes in Accra.

Online listings are a practical and preferred choice when looking for apartments for sale in Accra. One of the best Ghanaian real estate listings, OWNHM, has a special area for real estate listings, which includes apartments for sale in several neighborhoods of Accra.

Another well-known online marketplace, Meqasa, lets customers narrow their search by neighborhood, price range, and the number of bedrooms.

Both buyers and sellers in Accra still frequently use classified advertisements in addition to online postings in newspapers and publications. Among the media outlets that commonly publish real estate ads are The Daily Graphic, Business and Financial Times, and The Finder.

In addition, to contact information for the seller or real estate agent, these advertisements frequently offer thorough descriptions of the property, such as the number of bedrooms, baths, and the location.

For buyers who prefer a more individualized and hands-on approach to their search, working with a real estate agent is also a possible choice. In Accra, reputable real estate firms include OWNHM, Ghana Prime Properties, Westfields Real Estate, and Broll Ghana.

These companies employ skilled and informed agents who can assist purchasers in navigating Accra’s real estate market, locating houses that meet their interests, and negotiating the best possible price.

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Tips for working with a real estate agent

Working with a reputable real estate agent can make a huge difference in your apartment search in Accra. These agencies often have access to exclusive listings and can provide additional services such as property inspections and legal support.

Working with a trustworthy real estate company might significantly impact your apartment search. Working with an agent that is attentive to your needs and aggressively looking for houses that fit them is crucial.

For instance, you might want to work with an agent that specializes in high-end properties and has connections in the neighborhood if you’re searching for a luxury apartment in East Legon. Additionally, if you find a home you’re interested in, be ready to act immediately because holding off can cause you to miss out on a terrific chance.

Ask your real estate agent about any additional expenses, such as property transfer taxes and legal fees, that may be involved in buying apartments for sale in Accra. When weighing your options, you should account for these fees because they can quickly mount up.

For instance, the transfer taxes and legal expenses may be greater in Cantonments than in other Accra areas if you buy a property there. Cantonments are noted for their luxurious residences and wealthy citizens.

Evaluate Potential Apartments

It’s important to carefully assess potential apartments for sale in Accra after you’ve narrowed down your options to ensure they fit your needs and budget. When assessing apartments for sale, there are a number of important variables to take into account, including the building’s location, size, condition, and facilities.

Before making an informed investment decision, it is essential to carefully assess these factors to ascertain whether the property is appropriate for your needs and financial plan.

It’s crucial to concentrate on a property’s layout, storage capacity, and general condition when seeing it. Ask the seller or the real estate agent about any

recent renovations or repairs that have been made, and be on the lookout for any potential problems like water leaks, cracks, or mold. Make a mental note of these problems because they can affect your decision to buy a house.

When analyzing apartments for sale in Accra, it’s essential to use a trained property inspector to ensure a complete inspection of the building. A professional property inspection is a crucial stage in the purchasing process since it can offer insightful information about any potential structural or safety issues.

It’s important to take into account any supplemental charges, such as taxes, maintenance fees, and energy prices when thinking about buying a property. It is crucial to conduct full due diligence and know the costs for which you will be accountable because they can vary greatly depending on the area.

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Make an Offer and Close the Deal

It’s time to submit a competitive bid and finish the acquisition if you’ve found your dream apartment and are prepared to move forward with the evaluation procedure.

When making your offer, take into account the property’s condition, the situation of the market, and other pertinent elements that could affect its worth if you want to successfully buy apartments for sale in Accra. You raise the possibility that your offer will be accepted by doing this.

Since the seller often does not accept the first offer, it is imperative to be ready to negotiate with the seller or real estate agent to find a price that is agreeable to both parties.

Engaging a lawyer to assist with the closing process is another sage move. They can assess the acquisition deal, negotiate any crucial clauses, and guarantee that all legal requirements are satisfied.

The closing process, during which the buyer and seller finalize all papers and payments required to complete the purchase, can start once an agreement has been made.

It’s important to keep in mind that the closing procedure can be drawn out and take several weeks to complete when buying apartments for sale in Accra.

Therefore, it’s important to use patience and diligence when managing the necessary documentation and payments.

For a smooth and successful closing, keeping lines of communication open with your real estate agent and lawyer is essential. By doing this, you can keep an eye on the situation and identify any potential obstacles or delays that can be avoided by taking the appropriate steps.


In conclusion, it might be challenging to navigate Accra’s real estate market, but by following these suggestions, you can find apartments for sale in Accra that satisfy your demands and fall within your price range.

Determine your financing alternatives and budget before deciding on a site. Then, take into account elements like nearby attractions, safety, and accessibility. From there, you may use a range of tools to find possible apartments and seek assistance from a real estate professional.

Check OWNHM’s website for the most recent listings and expert advice on your property search if you’re looking for a new real estate listing in Ghana. Do not be reluctant to contact our support for tailored assistance in locating your ideal apartment in Accra.

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