Monday, June 11, 2012

Warning: The City Authorities in Ghana Can Put a Stop to Your Construction Project

The Growth of Ghana’s Real Estate Industry

The real estate industry in Ghana is growing at a very rapid rate.  It has been increasing very quickly in recent years, and it will only continue to grow.  According to global research, there will be a demand for nearly 100,000 new housing units around the world each day by the year 2030.  This information is especially applicable in countries like Ghana, where the population is growing much faster than it is in other places in the world.  This increased growth in the country’s real estate industry has encouraged many investors and homeowners to purchase property in Ghana.  Buying real estate or building a home in Ghana can be a great opportunity, but there are several things you should know before you jump into a construction project. 

Completing the Paperwork

When you initially purchase land in Ghana, there are several steps you need to take in order to ensure that your investment is protected.  Going through the right legal steps to obtain your land is an important part of the development process.  The first thing you need to do is determine what type of land you want to buy and where it is located.  The Ghana Homes Group can help you find land that is available for legal purchase and can be owned privately.  They can help you perform a title search to make sure the land is not publicly owned, and they can also assist you in filling out applications for the right government agencies. 

Getting a Real Estate Lawyer in Ghana

Another tip is to make sure you use the services of a real estate lawyer when you are purchasing real estate in Ghana.  There have been many reported cases of a single piece of land being sold to several different buyers by scam artists.  This type of scam usually results in a loss of time and money, so it is important to avoid such problems.  The best way to do this is to hire a reputable land lawyer, such as the ones offered by the Ghana Homes Group.  If you want to make sure your construction projects won’t be halted by the city authorities in Ghana, the land lawyers at the Ghana Homes Group can help.

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