What do I Need to Know before Getting a House for Sale in Kumasi?
Nicknamed the Garden City, since there was previously a large number of shrubs and plants in the city, Kumasi is currently one of the largest cities in Ghana. Located in the Ashanti region of Ghana, it is the administrative, industrial and commercial capital of the region. Historically it has been the capital of the Ashanti kingdom since 1695.
A constant bustle of activity, The city is the second largest commercial and residential town in Ghana with a multitude of businesses and houses for sale in Kumasi. These businesses have all contributed to the rapid development of the city. There is also a large central market located in Adum, where shoppers can purchase almost anything they need. The foodstuffs and other goods here are quite affordable as compared to other parts of the country, and that is because Kumasi is located on the trade route between the Northern and Southern parts of the country.
The Kwame Nkrumah University of Science & Technology is one of the first buildings when you enter Kumasi, and offers some of the best educational facilities in the country. There are a number of secondary schools in the area, such as St. Louis Girls Secondary School, Yaa Asantewaa Girls Secondary, Prempeh College, and Opoku Ware Secondary School.
There are also a number of sites that can be visited for leisure activities. Lake Bosomtwe, The Menhyia Palace, The Kumasi Zoo, and KNUST Botanical Gardens all provide ready locations when it comes to entertainment for residents. There are also a number of pubs, chop bars, and restaurants in the city, which offer local and foreign cuisine.
Great Mortgages for Houses for Sale in Kumasi
People looking to take up residence in Kumasi have the option of buying a house or land to build their own houses. There are also a few apartments for rent in Kumasi. The houses are mostly constructed with sandcrete blocks, which have become the norm amongst Ghanaian constructors.
Prices of houses in the city are of a wide range, ensuring that quite a large number of people have the opportunity to purchase a house for sale in Kumasi. The houses for sale start at around GH₵100,000 for properties on the outskirts of Kumasi and can get as high as GH₵4,000,000.
Due to the nature of some of these houses and their tendency to get warm at times, most owners end up investing in air conditioners and fans.
When thinking of which house to buy it is prudent to consider the number of rooms that you may actually need and the size of the house. Also, the cost of the house, as well as the your budget should play a large part in the decision of which house to buy. It is worth mentioning that there are a number of financial institutions, banks, and loan companies willing to offer qualified potential buyers with mortgages. Different financial institutions have different rates and requirements for giving mortgages. Therefore, it is prudent to see a representative and discuss terms of the mortgage so that one is able to select the best and learn the requirements to be eligible for it.
Houses for sale in Kumasi provide for a good and high quality investment for those who buy for business purposes, and the city offers very good living conditions.
Prices Calculated in 2015