Property Prices in Accra, Ghana

Index Info
Price to Income Ratio: 323.48
Mortgage as Percentage of Income: 7,909.27%
Loan Affordability Index: 0.01
Price to Rent Ratio - City Centre: 7.79
Price to Rent Ratio - Outside of Centre: 804.36
Gross Rental Yield (City Centre): 12.84%
Gross Rental Yield (Outside of Centre): 0.12%
Rent Per Month
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Apartment (1 bedroom) in City Centre 428.99 $ 159.10-1,226.99
Apartment (1 bedroom) Outside of Centre 95.80 $ 50.31-154.02
Apartment (3 bedrooms) in City Centre 1,264.02 $ 377.32-3,680.98
Apartment (3 bedrooms) Outside of Centre 384.22 $ 226.39-963.03
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 87.15 $ 73.11-101.20
Price per Square Feet to Buy Apartment Outside of Centre 2,425.13 $ 1,155.48-7,129.87
Salaries And Financing
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Average Monthly Net Salary (After Tax) 209.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 24.25 20.00-30.00

These data are based on 88 entries in the past 18 months from 22 different contributors.
Last update: May 2024

Sources and References
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