Thinking of retiring, investing, or reconnecting with your roots in Ghana? A key
decision awaits: should you buy a modern apartment or a traditional house? Your answer depends on your goals—personal use, passive income, or long-term growth.
Let’s break down both options and see which best suits your plans.
Real Estate in Ghana: The Landscape for Diaspora Buyers
Ghana’s property market is booming—especially in desirable locations like Airport Residential, East Legon Hills, and Cantonments. Whether you’re looking to invest or settle down, both apartments and houses offer compelling advantages.
But choosing wisely could make all the difference in your returns and peace of mind.
1. Return on Investment: Which One Pays Off More?
For diaspora buyers, property isn’t just about having a roof over your head—it’s also a financial asset.
Apartments in top neighbourhoods like Cantonments and Airport Residential often earn up to $150 per night on platforms like Airbnb. During peak periods—think Christmas, Easter, or summer—some landlords generate as much as $4,000 monthly.
The average return-on-investment timeline is about 5 to 7 years.
Houses, on the other hand, can feel more substantial, but their earning potential hinges on location. A luxury property in Kasoa or Akyem won’t fetch the same rental income as a modest, well-placed home in East Legon or Airport Hills.
Verdict: For short-term income and resale value, apartments in high-demand areas outperform sprawling homes in less central zones.
Spotlight: Manora by Quao Realty – Invest Near Kotoka Airport
Located just minutes from Accra’s main airport, Manora Residence offers sleek studio to penthouse units starting at $94,000.
Enjoy modern amenities, stylish finishes, and a pool—all within one of the city’s most sought-after addresses.
Download the brochure and start your journey.
2. Ownership or Maintenance: What’s Easier to Manage?
Owning a property from abroad comes with its share of challenges.
Apartments in gated developments typically include round-the-clock security, on-site maintenance, water storage, backup generators, and even gyms or pools.
For part-time residents or retirees, the lock-and-leave convenience is invaluable. Houses demand more from the owner—routine maintenance, pest control, landscaping, and security must be handled independently. Remote management becomes costly and complicated fast.
Verdict: Apartments are significantly easier to manage, especially for owners who don’t
live in Ghana full-time.
3. Lifestyle Considerations: Function Over Fantasy
Many dream of retiring in a grand, multi-bedroom house. But reality often tells a different story.
Houses might offer space and prestige, but they can become burdensome as you age.
Climbing stairs, cleaning, and upkeep can be overwhelming, especially for seniors. And when family visits, most prefer short stays in centrally located apartments or Airbnbs.
Apartments are better suited to this lifestyle. Many come with elevators, ground-floor access, and shared amenities. Perfect for singles, couples, or occasional visitors.
Verdict: Apartments match the needs of aging buyers and provide easier living.
4. Legal Framework: What You Need to Know About Ownership
Real estate law in Ghana varies depending on your nationality:
● Foreigners are entitled to lease property for up to 50 years, renewable by contract.
● Ghanaians can hold 99-year leases.
● Always insist on a lease with a renewal clause to avoid future disputes.
● Also ensure these legal documents are in place:
● A Land Title or Indenture
● A Cadastral Site Plan
● A Lands Commission Search
● A signed Sales and Purchase Agreement
Verdict: Regardless of property type, legal due diligence is essential.
Why Manora Residence is a Smart Choice
With fully verified legal documents, Manora offers a secure path to real estate ownership for both Ghanaians and the diaspora. Located on Patrice Lumumba Road, it’s a community that combines prestige and peace of mind.
Contact the team today to get expert advice on your next move
5. Income Potential While Abroad
If you’re looking to generate passive income while living outside Ghana:
Apartments are ideal for short-term rentals targeting travelers, expats, and professionals.They’re also easier to manage through property agencies.
Houses, unless located in premium areas, are harder to rent and may deteriorate without constant care.
Verdict: For hassle-free passive income, apartments are the way to go.
6. Market Direction: Apartments Are Taking Over
Urban living is becoming the norm in Accra. Even locals are trading in large homes for sleek city apartments. Why?
● Land in key areas is becoming expensive
● Traffic makes central locations more attractive
● Secure, low-maintenance housing is in high demand
Many investors are consolidating their real estate portfolios into one high-value apartment.
See market trends Accra’s 2025 real estate outlook
7. Payment Plans: Yes, You Have Options
Can’t pay all at once? Many developers now offer flexible payment schedules for off-plan purchases, ranging from 12 to 24 months.
Just be sure to:
● Work with a trusted developer
● Verify credentials
● Get recommendations from reputable agents
Verdict: Flexible financing is available, but only partner with vetted developers.
8. Where to Buy: Top Picks for Diaspora Investors
Want strong returns and a great lifestyle? Focus on these areas:
1. Airport Residential
2. Cantonments
3. East Legon Hills
4. Labone and Osu
5. Kumasi (Santasi and Ahodwo)
6. Takoradi (near the port)
7. Ayi Mensah, Aburi and Ada (for retreats)
Final Take: Make a Smart, Strategic Choice
Choosing between a house and an apartment isn’t about chasing dreams—it’s about
matching your choice with your lifestyle and financial goals.
For most diaspora buyers, especially those eyeing retirement or passive income,
apartments in prime Accra neighborhoods offer the best balance of convenience, returns, and peace of mind.
Ready to Invest?
Clarify your goals. Do your homework. And work with professionals who know the terrain.
Whether you’re investing for today or for your future, picking the right property is your first major win in Ghana’s booming real estate market.
Book a viewing or learn more about Manora by Quao Realty