Types Of Property For Rent In Ghana

Apr / 12 / 2021

Accommodation in Ghana has evolved rapidly over the years. There has been a significant rise in housing since the 90s. Quite apart from the increase in housing demand, the properties’ structure and style have also witnessed some changes. A country once overflowing with compound houses and bungalows has added to its portfolio many luxurious apartments and mansions, particularly in Accra. We will look into the housing market in Ghana and briefly highlight some popular accommodation types in Ghana today.

  1. Single room for rent

The most popular type of accommodation, which is readily available to Ghanaians for rent; the single room. This type of accommodation is the most affordable type of accommodation for rent in the country. There are two types of single room accommodation; the single room self-contained and the single room with shared facilities. As the name suggests, a single room self-contained is a room with toilet facilities and a small kitchenette in 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 available for low-income earners, new entrants into the job market, and newly married couples looking to start life.

  1. Chamber and hall for rent

A slight variation of the single room rental option is the chamber and hall rental option. 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. In most cases, there is a toilet facility inside the rooms. Alternatively, there can be communal toilet facilities. Like the single room/self-contained, this type of accommodation can be found in most areas where there are no residential areas or low cost of living.

  1. 2 or 3 bedroom apartment for rent

Moving away from the single room accommodation type, let’s look at an accommodation for people with larger families This is a two-bedroom or three-bedroom apartment where there will be at least two bedrooms, a hall and one kitchen. 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 may be more secured with security guards, however, you may need to share certain facilities such as a swimming pool with your neighbours. 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.

  1. 2 or 3 bedroom house for rent

Houses may give you more space than an apartment, however, this comes at an extra cost. There may be more privacy and freedom when one owns a house over an apartment. Most houses also come with more than one bedroom available. With a 3 bedroom house, there will be a bigger room that will usually be termed the master bedroom. Some houses also come with boys’ quarters as popularly known in Ghana. This serves as a room for security personnel or the one who helps to take care of the house. Depending on the location, the prices of houses may vary. 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.

  1. Luxury apartments for rent

As Ghana becomes more and more appealing to expatriates, there is an increasing hunger for high-end apartments in Accra’s prime areas. This has provided real estate companies with an opportunity to take advantage of and provide luxury apartments in the city of Accra. These apartment complexes provide a variety of facilities with a high level of comfort and security that is necessary to attract these expatriates. It is, hence, no surprise to see various new developments spring up all over town. With the increased influx of businesses into the country, the demand for these luxury apartments will continue to soar. Devtraco Plus prides itself in providing luxurious properties that meet the needs of its clients. Click here to see some of our esteemed properties.

Owning your own house

Beyond renting 2 or 3 bedroom houses or apartments, Most Ghanaians would rather wish to own a house and resort to building or buying their own home. To ease this hassle of finding affordable housing and building costs for individuals, many real estate companies have constructed large estates that have a range of homes available to people with varying income levels. These estates are mini-cities that create safe communities properly planned and serviced with water and electricity amongst other facilities. To make the purchasing of these properties easier, these companies provide flexible payment plans and discount options during the period of construction.

Devtraco Plus is one of such real estate company. 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.

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