It is based on a classic scenario in which an entrepreneur wishes to buy land and a building that is already registered and free of title disputes.
This data was gathered as part of the Doing Business project, which compares and measures policies that affect the life cycle of a small-to medium-sized domestic business in 189 countries.
How much does land cost in Ghana?
The cost of land in Ghana is not the same; it is determined by the location or the area of the land, be it a new site or an old site, and also by the town or the city in which the land is located.
For example the cost of land in Tema, Accra will not be the same as Cape Coast or Tamale. Even within the city, the cost depends on the area.
So a lot of factors are considered when costing land by the owner or the agents.
Hence, it will be difficult to determine the cost of land in Ghana, but an estimate can be done to give a range of the cost, and that is exactly what we are going to do.
Here are the estimated cost of land in Ghana according to meqasa:
|Tema||A plot of land (80/100)||GHS 20,000 – 6,900,000|
|Accra||A plot of land (80/100)||GHS 9,000 – GaH₵ 979,002|
|Kumasi||A plot of land (80/100)||GHS 9,000 – 815,835|
|Takoradi||A plot of land (80/100)||GHS 9,000 – 700,000|
|Cape Coast||A plot of land (80/100)||GHS 4,500– 50,000|
|Sunyani||A plot of land (80/100)||GHS 2,000 – 40,000|
|Koforidua||A plot of land (80/100)||GHS 3,500 – 45,000|
|Tamale||A plot of land (80/100)||GHS 3,500 – 30,000|
This is just an estimate and it may stand for changes at anytime, so do not rely on the cost of land here but use it as benchmark when you are preparing for purchase of land in any of the city above.