What Does Owning an Apartment in Accra Cost?
Expect closing costs of 2% to 4% of the price in Imaani Homes’ guide. Ownkey’s May 2026 guide puts all-in costs at 8% to 11% once buyer withholding tax is included. Holding costs then run every year: rent tax, service charge, maintenance, and property rates. Ask your lawyer for a written breakdown.
What Do You Pay to Buy?
| Cost | Typical amount | Note |
|---|---|---|
| Stamp duty | 0.25% to 1% of value | Paid to the Ghana Revenue Authority. Confirm the rate with your lawyer |
| Legal fees | 1% to 2% of value | Hire your own lawyer |
| Lands Commission search | About GH₵400 to GH₵2,000 | Before any payment |
| Site plan | GH₵1,000 to GH₵5,000 | From a licensed surveyor |
| Buyer withholding tax | 3% (resident seller) or 10% (non-resident seller) | Resale purchases, per Ownkey |
| Structural survey | GH₵1,500 to GH₵8,000 | Resale purchases, per Ownkey |
What Do You Pay to Hold?
- Rent tax. The Ghana Revenue Authority sets 8% for residential premises, due within 30 days of receiving rent.
- Service charge. GH₵800 to GH₵2,500 per month in Airport Residential, per Imaani Homes. Managed East Legon estates run GH₵800 to GH₵4,000, per Ownkey.
- Maintenance. Budget 1% to 2% of property value per year.
- Property rates. Ownkey cites 0.5% to 2% of assessable value, set by each assembly.
- Sinking fund. Ownkey suggests 5% to 10% of gross rent.
- Insurance. Ownkey cites 0.5% to 1% of value for building cover.
How Much Do These Costs Add Up to on a $107,000 Studio?
Closing costs at 2% to 4% come to $2,140 to $4,280. At 8% to 11% they come to $8,560 to $11,770. Yearly maintenance at 1% to 2% comes to $1,070 to $2,140. These figures illustrate the method. Replace each rate with a quote. For the net yield after tax, management, and vacancy, read the net yield guide for Airport Residential.
Where Does Regalia Residence Fit?
Regalia Residence is an off-plan development by Imaani Homes in Airport Residential Area. Studios start from $107,000 including VAT. Imaani Homes lists a rooftop pool, a gym, and a 24-hour concierge. Ask the sales team for the service charge in writing before you reserve a unit.
Request the Regalia price list or message the sales team on WhatsApp at +233 595 959595.
Frequently Asked Questions
What are the closing costs when buying property in Accra?
2% to 4% of the price in Imaani Homes’ guide. Ownkey puts all-in costs at 8% to 11% when buyer withholding tax applies.
How much is stamp duty in Ghana?
Imaani Homes’ guide cites 0.25% to 1% of property value. Ownkey cites 1% on transactions above GH₵50,000. Confirm the rate with your lawyer.
How much is the service charge in Airport Residential?
GH₵800 to GH₵2,500 per month, per Imaani Homes’ analysis.
Do landlords in Ghana pay tax on rent?
Yes. The Ghana Revenue Authority sets 8% on residential rent, due within 30 days of receipt.
Sources
Data as of 24 October 2026.
- Imaani Homes via MyJoyOnline: How Ghanaians abroad can buy property in Accra in 2026 (March 2026)
- Imaani Homes via MyJoyOnline: Short-let vs long-let in Accra (March 2026)
- Ownkey: Apartments for sale in Accra 2026 (May 2026)
- Ownkey: Ghana real estate yield and tax guide 2026 (July 2026)
- Ownkey: East Legon area guide 2026 (July 2026)
- Ghana Revenue Authority: Rent tax
