6 Proven Ways To Invest in Real Estate in Ghana
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Loading... - Felix Ansong
- 08 Sep 2022
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Most investors feel more comfortable putting their money in assets like stocks and bonds than investing in a property in Ghana. Sometimes investing in bonds becomes objective because of the less risky nature of portfolios in the debt market.
But over the years, Ghana's real estate has proven to be an equally excellent portfolio of investment diversification because of its cash flow attribute. Moreover, buying real estate in Ghana has proven to be a long-term investment performance without dispute.
Though investing in a property in Ghana will give high Return-On-Investment (ROI), this does not come easy, it requires long hours of research and huge capital investment in order to find the best investment property for maximum profit.
The 6 ways to invest in Property in Ghana
Real estate can be a valuable investment portfolio in Ghana. But how should you go about investing in property in Ghana? Here are the best ways real estate investors in Ghana operate the market to get higher ROIs.
1. Invest in Buy-To-Rehab
People who are interested in real estate startups should start with this real estate strategy. This strategy involves buying old homes to rehabilitate them. The rehabilitation is done to increase the value of the property before putting it up for sale. You just have to do enough renovations to sell the property for the maximum amount.
You make money by buying reasonably priced properties as is and adding value by renovating the properties. To minimize the amount of effort in this strategy, look for homes that don’t need major renovations in serious defects like structural issues. This will even be more lucrative if you rent the property while waiting for home values to rise.
2. Invest in Rental Property
Rental properties can provide a high rate of return while also diversifying your portfolio and protecting you against downturns and other economic misfortunes. Investment property has the ability to kill two birds with one stone. Read More...
