Market News and Updates
Market Trends
The Airbnb Market in Ghana, Nigeria and Liberia. Which is best?
Airbnb’s presence in the West African market has significantly enhanced the profitability of the rental space, opening up new avenues for investors eager to cater to experience-driven travellers. Did you know that Airbnb has over 8 million active listings worldwide? That’s right—as of June 2024, people just like you are opening their doors to travellers, […]
Market Trends
Ghana Institute of Real Estate Brokers Launched: A New Chapter for the Industry
On November 15, 2024, the Erata Hotel in Accra became the stage for a historic moment in Ghana’s real estate sector—the official launch of the Ghana Institute of Real Estate Brokers (GhIREB). The event, which also included the induction of the institute’s inaugural members, marked the beginning of a new era of professionalism, accountability, and […]
Market Trends
Ghana Tourism Authority (GTA) Short Term Operator License – How To Get Started
If you operate a short-term rental in Ghana, such as an Airbnb, it’s crucial to stay up-to-date with local regulations. The Ghana Tourism Authority (GTA) mandates that all tourism businesses, including accommodation facilities, register and obtain a license to legally host guests. Fortunately, the GTA has introduced a simplified provisional licensing process to make compliance […]
Market Trends
Are We Ready for Licensed Real Estate Agents in Ghana?
For five years, the Real Estate Agency Act has been a legislative fact but a practical fiction. We’ve discussed it, we’ve waited for it, and now, it appears the engine is finally turning. The government is putting the finishing touches on the Legislative Instrument (L.I.), the critical piece of operational code that moves the Real […]
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