Property Prices in Ghana

Index Info
Price to Income Ratio: 96.77
Mortgage as Percentage of Income: 2,385.83%
Loan Affordability Index: 0.04
Price to Rent Ratio - City Centre: 4.76
Price to Rent Ratio - Outside of Centre: 221.95
Gross Rental Yield (City Centre): 21.00%
Gross Rental Yield (Outside of Centre): 0.45%
Rent Per Month
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Apartment (1 bedroom) in City Centre 13,416.79 ₵ 7,200.00-18,018.05
Apartment (1 bedroom) Outside of Centre 821.43 ₵ 500.00-1,500.00
Apartment (3 bedrooms) in City Centre 24,097.81 ₵ 14,500.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 4,950.00 ₵ 1,800.00-11,188.45
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,293.56 ₵ 727.60-2,037.14
Price per Square Feet to Buy Apartment Outside of Centre 7,599.96 ₵ 3,499.97-11,188.36
Salaries And Financing
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Average Monthly Net Salary (After Tax) 2,473.25 ₵
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 24.46 19.00-29.00

These data are based on 92 entries in the past 18 months from 23 different contributors.
Last update: May 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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