Whether you decide to rent or build a house, there are many factors to consider. Among these is the type of accommodation you should invest in. Is a single room a right fit or it’s best to opt for a chamber and hall self-contained. Over the past decade, Ghana's accommodation has evolved rapidly. Housing has increased significantly since the 90s. Additionally to the increase in housing demand, the structure and style of the properties have also undergone some changes. A country once overflowing with compound houses and bungalows has added to its portfolio many luxurious apartments and mansions, particularly in Accra. The purpose of this article is to give a brief overview of the housing market in Ghana and to briefly discuss some popular accommodation types in Ghana today and a basic guide of which settlement will suit your needs, especially when renting in Accra.
The most popular type of accommodation, which is readily available to Ghanaians for rent; the single room. Among the types of accommodations for rent in the country, this is the most affordable. Single-room accommodations come in two types: single room self-contained and single room shared facilities. As the name suggests, a single room self-contained is a room usually only the bedroom that comes with personal toilet facilities and a small kitchenette along with the room. A lone single room consists of just a room. Communal bathroom and kitchen facilities are available for you and other members of the house. This accommodation type is mostly preferred by low-income earners, new entrants into the job market, and newly married couples looking to start life and also most single bachelors.
The option to rent a chamber and hall is a slight variation of the option to rent a single room. The chamber and hall have a bedroom and another room referred to as the hall, which can either be used as a dining area or a guest area. Similar to the single room, a chamber and Hall can include personal or shared facilities. In most cases, a chamber and hall has a toilet facility inside the building and more and more landlords are renovating existing buildings to include that which of course add value to the accommodation. Similar to single room/self-contained accommodation, chamber and hall self-contained accommodation is widely available in areas that have no residential areas or low rent.
Now that we have moved away from the single-room type of accommodation, let's look at accommodations for people with larger families. A two-bedroom apartment or a three-bedroom apartment will have a minimum of two bedrooms, a hall, and a kitchen. In most cases, there will be at least one toilet and bath. With three-bedroom apartments, one room will have its own toilet and bath. This room in Ghana is referred to as the master bedroom. Also, some of the apartments are ensuite meaning each room comes with a toilet and bath. Apartments may feel smaller than regular houses but there is the opportunity to make the most out of the available space. Apartments usually cost less and may be preferred by middle-income Ghanaians. With apartments, you’ll share a wall with another unit in a storey building. Most apartment buildings have other resources such as security guards, and other shared facilities such as a swimming pool with your neighbours.
Although houses offer more space than apartments, they come with a higher price tag. A house may provide more privacy and freedom than an apartment. Most houses also come with more than one bedroom available. In a house with three bedrooms, there will be a master bedroom, which will usually be more spacious.
Some houses also come with boys’ quarters as popularly known in Ghana. This serves as a room for security personnel or domestic staff or some people rent it out to another family. Prices of houses vary depending on where they are located. When searching for a house to rent, it is important to consider location, however, remember to have a budget and do well to stay within it.
As Ghana becomes more and more appealing to expatriates, there is an increasing hunger for high-end apartments in Accra’s prime areas. As a result, real estate companies have taken advantage of the situation and are now providing luxury apartments in Accra. In order to attract these expats, the apartment complexes offer a variety of facilities as well as a high level of comfort and security. Thus, it is not surprising to see various new developments spring up all over town. With more businesses moving into the country, the demand for these luxury apartments will continue to rise. Devtraco Plus prides itself in providing luxurious properties that meet the needs of its clients. Click here to see some of our esteemed properties.
Most Ghanaians would prefer to own a house rather than rent 2 or 3 bedroom houses and apartments. Numerous real estate companies have built large estates that house a range of affordable homes for people with varying income levels in order to ease the burden of finding and building affordable housing. Estate communities serve as mini-cities that provide safe, well-planned, and professionally-maintained communities. In order to make the purchase of these properties easier, these companies offer flexible payment plans and discount options during the construction period.
Devtraco Plus is one of such real estate companies. We offer apartments and townhouses for sale and rent mainly in Accra’s prime areas, such as Roman Ridge, Cantonment and Labone. With our variety of townhouses and apartments, there is a market for everyone whether you want to live a luxurious lifestyle or simply, own a decent property, built by the best property developers you would come across in this side of town. Our payment options include flexible self-financing and/ or mortgage via our financial partners.All our properties are built to suit your needs.