Ghana / Afrika in Focus
Ghana In Focus aims to bring you the lowdown on Ghana including critique on the hot topics making waves in Ghana as well as buying property in Ghana, renting in Ghana especially in the capital, Accra. Also looking at building a property in Ghana and some of the things to look out for such as building materials and environmental factors. We will also be looking at land acquisition in Ghana, giving insight into issues like site plan, indenture, title and land certificate. Ghana In Focus aims to explore the numerous business and investment opportunities that exist in Ghana as well as talking to the movers and shakers in the country. Finally Ghana in Focus talks with Africans from the diaspora who share their experiences of making Ghana their home. Afrika in Focus aims to bring you key stories that are making news on the continent from an Afrikan centered perspective.
Ghana / Afrika in Focus
Ghana in Focus: Diaspora Conversations Part II
Unlock the secrets of the Ghanaian real estate market with Sam and Yaba who share their insights of founding the Ghana Bound brand. Born from a personal mission to document their relocation experience, Sam and Yaba's initiative now serves as a beacon for diasporans dreaming of a life in Ghana.
Through engaging YouTube content and expert consultancy, Ghana Bound offers invaluable guidance on everything from passport acquisition to shipping logistics. Their collaboration with trusted developers ensures that prospective movers are armed with the knowledge to navigate the terrain of buying property and settling in Ghana.
The episode dives into the complexities of acquiring real estate in Ghana, with a particular focus on the dual property market that caters to both local Ghanaians and the diaspora.
We unravel the intricacies of high-interest mortgages, peculiar lease terms, and why Accra's real estate prices are perceived as steep. With practical advice on building modern homes and the benefits of engaging professional contractors, listeners will gain a comprehensive understanding of the investment landscape.
Join us as we explore Ghana's real estate allure and learn how to turn your relocation dreams into reality with confidence and clarity.
CHANNEL: www.youtube.com/@GhanaBound
Donate/Support the show: https://www.buzzsprout.com/1793098/support
We offer a consultation session for those who wish to relocate to Ghana , do business in Ghana , buy land, buying a property or even starting business in Ghana. We offer professional support tailored on your needs and wants.
We provide valuable information that can assist you in your relocation like the Ghana card how/where to register your business.
We can also signpost you to other agencies that can help in your relocation as well as business and investment opportunities.
We charge a rate of US$30 for an hour's consultation or US$20 for a 30 minute consultation briefing.
To book your consultation please email ahodwo805@gmail.com
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Good evening and welcome to this week's edition of Garnier Focus with myself Kwame, a Garnier journalist, writer, broadcaster, podcaster and entrepreneur. And in this week's edition of Garnier Focus is part two of our Diaspora Conversations with Donna Bound. So, before we get into the podcast, just to make you aware that Garnier Focus is being sponsored by Grow For Me Ghana. Grow For Me Ghana is a fantastic initiative that seeks to help and develop and support Garnier farmers. So if you'd love to be a sponsor of a Garnier farmer, I will leave you the link to Grow For Me Ghana in the footnotes to be shown. Alright? And if you like what you hear, please share, like to your friends, family and social media networks. And also, you can subscribe to the Ghana African focused podcast on all of the main platform providers, especially YouTube and Spotify. All right, so let's get into this edition of Ghana in focus, part two of our dashboard conversations with Sam Anyaba talking about the Ghana Bound project or brand. So if you can hear me, guys, akwaba, and welcome to Ghana in Focus.
Speaker 2:Thank you, and thank you again for having us on again.
Speaker 1:Fantastic, and how are you doing? How's ghana?
Speaker 3:yeah, it's good. We're just entering into the rainy season, so we're just getting ourselves ready for that. It's good, it's good excellent stuff, great be a little bit cooler.
Speaker 1:Okay, that's good, all right. So you know, in the last episode we did talk about your journey to Ghana, obviously, how you met and your journey to Ghana and also some of the experiences and challenges you have met whilst being in Ghana, and also, obviously, coming with a family and some of the things that you would advise people who want to locate to ghana, especially if you've got young children. So this is episode. We're going to concentrate more on your ghana band brand and, uh, the sort of things that you do with that brand. Uh, particularly real estate and also how you can help. You know, maybe other guardians or other dice bones who want to come to ghana and even look at real estate, so, um, so what made you decide of the Ghana Bound brand?
Speaker 2:So we started Ghana Bound after we decided to move to Ghana. We started with a YouTube channel. So that was purely to document the journey, you know, for our kids, so later, when they're older, they can look back on how they actually ended up the practicalities, the highs, the lows, the adventures and also a record for our families in the UK to be able to see that we're okay, to see the you know, the steps we've taken and then to keep an eye on, you know, be part of our Ghana move without actually being there. What happened then was that we realized a lot of people started jumping on our channel because they were also thinking about moving to Ghana, and then other people were inspired to even consider moving to Ghana once we showed them that we did so. That's how Ghana Bound was born.
Speaker 2:So the diary then turned into a guide for other people who are moving from all over the world. So we had all kinds of questions like how to get the passport and how to ship, you know, shipping from different countries we only knew about the uk door-to-door companies and just a whole array of questions. So we realized, oh my gosh, people actually need information and when you went, we were obsessed with youtube anything ghana at the time which I'm sure a lot of people are also when they're planning the move. But we realized there weren't a lot of content creators creating content before they moved to Ghana. So we were like, okay, there's a gap there. We have questions, others have questions. Let's start documenting the process before you even land in Ghana.
Speaker 3:That's literally we were gone abound and, um, it was a very convenient way of answering the repeat questions that were coming in from our family and from others that were becoming interested. So at that point we actually went into consultations. So it's actually fielding and hosting consultations and, let's say, the top five questions are all housing related okay so we then had a keen interest, before we left, in real estate.
Speaker 3:And there's so many questions coming in about real estate and where they're good, um, developers, where can we everything you can imagine? So we had to go back. We took it seriously, did our research and followed the guidelines and set up our business yeah, excellent stuff and we're really lucky to partner with some really amazing people sure, I mean.
Speaker 1:I mean we'll come back to that in a minute as you sort of progress the conversation, but just to backstop a bit. So, in terms of your consultants, do you actually provide a consultant service for thepo who want to come back to Ghana and get property?
Speaker 3:Yep, they can get us on the website and they can book a consultancy session. That's something we still do Excellent.
Speaker 1:So what I'll do, ben, I'll also leave a different list of the show. I'll leave your contact details. Is that okay? Like your website and the Ghana B bound stuff on YouTube. Is that okay? Great, excellent stuff. That's good, excellent, so, um, in terms of the consultancy event, how has that been? Have you had a lot of people you know request your services in terms of wanting to know more about Ghana, how to relocate, how to get property, land, etc. How's that been?
Speaker 2:yeah, we've had a lot, a lot of people, as you can imagine. You know the, the questions rain, so we've had so many people over the last couple of years and reaching out and we're grateful that we can even, you know, have some of these conversations with them and prevent them making some wrong mistakes. That's been a biggie. So, yeah, it's been successful, excellent stuff.
Speaker 1:So now let's move on to the real estate, because I've watched a lot of your videos and obviously you concentrate a lot on real estate and you've obviously said why. So what is it about real estate in ghana that you believe is that important that you thought you part of your gh-bound brand? You focus on real estate.
Speaker 3:Well, we've all heard the horror stories and you know my mother was a victim of multiple failed attempts to buy land. So it's when you can relate with the people coming back. The rest of the diaspora, especially when we're from England, we know how hard it is to make and keep hold of your pounds. To come back to the heartbreak of sending money to your brother and the house is not even there. There's no bricks, nothing to show for it, and you've done 20 years of this, or even if it's five years, it's just horrendous.
Speaker 3:So our motto is to make your relocation as wahala free as possible, because we really it's like I think of my auntie in the nhs that wants to come back and retire here, and how can she do all of that and have nothing to show for it? At least if we get in contact with each other, we can talk you through, put you in contact with vetted people to get at least to get the product that you've been working so hard for. So it's a real big issue that we need. I mean, the whole, the whole industry is being sanitized and we're part of that. So there is excellence here and there are people that will do it right and give you what you ask for all right, so let's look at two or three aspects of the sub whole real estate industry in Ghana.
Speaker 1:Do you guys do any land for sale or do you advise people as to where to get land? What is your thing on that?
Speaker 3:We have good partners in every sector. If you want your home built, we've got great marriages or great partners for you that we can marry you to and get your home built. If you want land by the sea, we have the people that specialize in this and we've seen the documents and the legal teams. The people that we work with. They're all used to working with the diaspora, which is really important because it's very different yeah and um, you'll get the official the right way to do stuff.
Speaker 1:Often people get a negative outcome because they cut the wrong corners and obviously your job is to ensure that you know people, don't cut your own sort of short corners, to speak yeah yeah yeah, I mean it's garner.
Speaker 3:So everybody has an uncle that knows someone in land commissions or they know a guy that can do this and, um, especially when it comes to land, the lawyer will be worth worth their weight in gold if, when you weigh up against 10 years of litigation, land litigation is 80 percent of litigations in the courts right now yeah, I hear that because in ghana there's a lot of um land issues in terms of, like, the legitimacy of the land.
Speaker 1:So, in terms of the land or people that you work with regards to land, is the land legit or are there any?
Speaker 3:yeah, we only go with lands, we only put land on that. We've, we've what's the word? That we've um checks all the paperwork, yeah, yeah but even with that we always say to people.
Speaker 2:It's not our response. It is our responsibility when we put the lands on, but it's your responsibility. You're acquiring the lands on, but it's your responsibility. If you're acquiring any property, you need to have your paperwork. You need to do your due diligence and that's the thing. Because Ghana, here you can get legitimate land but it might be vested land and then next thing you know it's not the family that's selling it, it's actually through lands commission.
Speaker 2:You have to really educate yourself. We're here to support you, but we're definitely not here to do the process for you as a person, because we have a responsibility. The same way, in the uk you wouldn't just buy it, go and see a house and then give the seller cash without doing your research on the type of sewage system, the materials used to build the house. So why would on earth, would you come to a different country and do that? So we support people, but we it doesn't end at us. You have to do your due diligence and we always recommend you use a lawyer because they know what they are doing. Yeah, and do you?
Speaker 1:have access to at the court, okay, and do you have access to lawyers that people can actually tap into?
Speaker 3:absolutely. We're literally. You've done a lot of hard work and we're bringing you into our network and you can use our network and feel safe and know that you're working with professionals.
Speaker 1:Sure. So what if somebody wants to? Let's look at mortgage now. So I know, obviously in the UK, as you know, there's a mortgage system that works in the UK. Works in the UK you buy a house and you pay a mortgage for 20, 25 years Is that the same situation in Ghana?
Speaker 3:How is that like in Ghana? So mortgages in Ghana are way shorter term Borrowing money in Ghana is expensive.
Speaker 1:Wow.
Speaker 3:So, yeah, you can get mortgages here now, especially if you're a Ghanaian citizen. Sorry, now, especially if you're a Ghanaian citizen, sorry, especially if you're a Ghanaian citizen. If you're not, it's a little bit more tricky, and we've even now just started getting partners in the UK that are interested in working with people that are trying to build or buy in Ghana, so there's more services becoming available when it comes to boring and lending. But it is a very it's better you get a loan in the UK and bring that money and do your your home then. But then even getting a loan in Ghana, a lot of people do that because the percentage is sky-high in Ghana. Oh, is it? Is it because of the?
Speaker 1:our sky high in Ghana. Oh, is it because of the? Are mortgages in Ghana? Are they in dollars or cities?
Speaker 3:They generally tend to be Sorry.
Speaker 2:what's the question Are?
Speaker 3:they in dollars or cities the mortgages? It's what's in dollars the mortgages. They should all be in cities.
Speaker 2:Okay, they're in cities. Transactions in Ghana legally have to be in Ghana cities. So you see a property that's worth $100,000, but you pay in the Ghana city equivalent and they'll lend you the cities.
Speaker 1:But obviously the interest rates are different from what we are in the UK.
Speaker 3:Yeah, you're way double digit definitely.
Speaker 2:I think the minimum now is it's giving specifics, you know. So it ranges from around 12% up to about 30. Now you've got diaspora mortgages. You know people are working really hard to source and work with banks to get lower mortgages. I'm I'm grateful to be saying 10, you know, which is astronomical if you compare it to the west, but compared to 30 percent of what it was last year I think it's like it's an improvement.
Speaker 2:We're getting there, but you know that used to be the case when mortgages first came out in the uk. Comparatively, the years were shorter and the interest was higher.
Speaker 3:It's a new product that the banks are offering here and it is a bit of a different animal over here, because if you're not a Ghanaian, you're going to get 50 year lease and if you are a Ghanaian, you're going to get up to 99 years. Okay, so freehold isn't a thing. Let's say it's very rare and there's a particular set of parameters that need to be met before you could even transfer a freehold so when you're talking about that links with mortgages, because the banks Because their years are so low, they don't expose themselves to that really Right.
Speaker 1:Okay, that's good. So that's something that obviously the listeners can actually ponder about if they're wanting to get a mortgage in Ghana. But let's backtrack a bit into land. You know, if somebody who's listening who's not a Ghanaian per se, can you know non-Ghanaians buy land in Ghana?
Speaker 3:Yes, absolutely Okay.
Speaker 1:And what's the lease off of that? Is that 50 years? Is that 90 years? What's that?
Speaker 3:So for a non-Ghanaian it's going to be 50 years max.
Speaker 1:Right, okay.
Speaker 3:And then the renewal is assumed. No, sorry, sorry for a non-Ghanian it's not assumed, but for a Ghanaian it's assumed. But you should always try and get the renewal terms written into your initial contract always get that done whether you're a Ghanaian or non-Ghanian.
Speaker 2:Just for your own peace of mind, let them put a clause in there that after 50 years this land still belongs to me and it's the lease is renewable. And then, um, the common question you get asked is well, how much will that cost to renew the lease? And it's the going rate at the time. No one can tell you that right now right.
Speaker 1:Okay, that's excellent. That's good to know. Now, in terms of real estate per se and I've watched, obviously, a lot of your videos. I've watched your video as well. One thing that probably my listeners would want to know is that. Two things so one, why is real estate so expensive in Ghana? And two, why is it priced in US dollars? So I've seen some of your videos.
Speaker 3:Say that again. Say the question.
Speaker 1:No, I'm just saying that I've seen some of the videos and I can you know some houses are $100,000, $200,000, $80,000,. You know what's all that about.
Speaker 2:Okay, so you're saying why are houses in Ghana expensive?
Speaker 1:Yeah, and why?
Speaker 2:in US dollars. Okay, so two parts.
Speaker 3:Which bit do you want to take so?
Speaker 2:I'll take the. Oh, this is fun Okay. I'll take the why a house is so expensive in.
Speaker 2:Ghana? They're not and it's relative Okay, so local Ghanaians are buying a lot of these houses. They are our clients. However, you'll notice that you know we're based in, our business is based in our crowd, so we often um promote property in our crowd. Now it's the same thing as the capital city, right, and ghana is the gateway to africa right now. So there's a lot of trade happening. A lot of investors, developers, are coming to accra, okay, other parts of ghana, but let me be specific about the capital city so now it comes at a premium to live here.
Speaker 2:You can get a property in in the in the capital city, for under a hundred thousand us dollars and I'm saying us dollars. Some people? Yeah, of course you can. What that looks like? Okay, what that looks like might not be something you're used to right so we've got the city market.
Speaker 2:You know we can get you a house for um 300, 300, 000 ghana cities, let's say 30 000. We can get you a house for that. You'd be like, wow, yes, your money can get a nice two bedroom, but then the area, the, the infrastructure, the road access, the finishes, the structure will not be what you're used to coming from the West. But someone here will be quite happy with that because they're used to it.
Speaker 3:So there's two property markets going on in Ghana in the same time. It's the city market, where you'll get a chamber and a hall for maybe 500 cities a month rent, and then you have what the diaspora are looking for and expect and that's a dollar market. Now you asked why are houses displayed in dollars? And actually what you'll find? It should be dollar equivalent because all homes should be sold in cities. So our market is a diaspora market.
Speaker 3:So when we put it in dollars, or if we put it in cities, rather, the first question is how much is that in pounds or in dollars? So it's obviously starting from. So what people want to do is have a finite amount for their home. So if it's at $45,000, the dollars are stable. They're not going to fluctuate as much as the city does in the same time. So you will pay in cities absolutely, but it will be the city equivalent of $40,000, whatever it is that day. So you don't lose too much. If you can imagine having a multi-story, $3 million development, 15 floors and having the dollar dollar sorry, the city fluctuate every day. It's a very bad experience for the person buying, because a minute ago you told me that this was 400 000 cities, but today it's now 450 000. You're cheating me, but that's just the fluctuation in the dollar. So we're damned if we do that. But yes, we accept and are only allowed to sell homes in cities.
Speaker 1:Right right. So you know there's somebody listening to a podcast and they wanted to have that same standard of kind of living that they have in say, uk, us or Canada. You know what areas would you advise them in terms of you know where they can get that kind of standard that they?
Speaker 3:used to you can go to airport and have a three-story building. You'll have a um, an elevator lift in your home to whisk you up to the top floor where you've got your sky, your sky lounge, and that's going to cost you. So that's probably about two or four minutes away from the airport yeah and that's going to cost you around 580 000 dollars. So this is the capital city, right near the most affluent area in the city. How much does the equivalent cost in the uk?
Speaker 2:in london.
Speaker 3:So if you're going to Knightsbridge, which isn't even as close to the airport.
Speaker 2:That's the thing about the airport, isn't it?
Speaker 3:Yeah, because that's another thing here the affluent areas are closer to the airport, and that's a hangover from the needs of embassies and diplomats to be within half an hour from the airport. So when they went into these areas, these areas now became sought after, and so that's the connection between the airport and affluent areas. So most of the real areas that you Cantermans, east Ligon airport ridge they're all within that same catchment area of an airport, making it the highest types of areas. So now, when you turn that over and look at what kind of area you're talking about, you're talking about the same thing. You're going to be looking at the Knightsbridge, you're going to be looking at Chelsea. Those types of areas are the equivalent, and now Ghana is still up and coming. So in those areas you're going to have all the roads sorted out nicely, you're going to have the gutters, they're going to be covered. You're going to have nice restaurants all the way around the place. You're going to have nightclubs, you're going to have international schools. This is where everybody wants to live.
Speaker 1:Wow, okay, but not everybody can afford it so I mean, is in these areas they just talked about, it demands artificial supply?
Speaker 3:Yeah, it's outstripped supply. Right now there's a lot of building going on in these areas. It may well tip in the other way, but it's still what it is. It's the most affluent area in the capital city that is said to be the gateway to Africa. So the land is valuable and the chiefs know the value of the land and the land prices are absolutely insane. But they know what they have. It's not like a chief now doesn't value his own beachfront. They know the value of these things internationally. A chief now doesn't value his own beachfront. They know the value of these things internationally. And the days of coming to Ghana and buying a plot on the beach for £2,000, they're long gone.
Speaker 1:Okay. So I mean tell me about sort of other real estate opportunities outside the craft. So maybe listen to me, but listen to the podcast and viewers and from what I know, I know there's a lot of various opportunities outside across, like ibri or yaifa or ub, those kind of areas which are outside of the capital. Do you want to tell people about that? And because I know from again watching some of your videos and that's watching the videos that those areas of the car are becoming more popular with people, so can you give us a lowdown on that and what people should look out for?
Speaker 3:So as the road networks are growing and getting better, you'll see new roads springing up and as soon as you see that roadworks going in, you know that's going to be the next hot area, like East Ligon Hills was a hot area for last year. Oub that you've mentioned, mentioned that's a straight shot from the airport so you can go straight on the on the from the airport to your door front and you can get something in or you be for a yarifa sorry, yeah, a yarifa for around uh, eighty thousand, sixty thousand dollars and that'll be a house or at least an apartment, yeah, or a townhouse, small townhouse. There's a good few small townhouse developments. There's other developers doing things for the OAPs, for older developers. They want people that are retiring and they're doing whole developments there with shops, with medical facilities. So the developers are doing a lot of the heavy lifting for infrastructure now, because when you have a real good developer, the rows around the area. They understand the needs of the clients. So slowly, slowly, things are moving forward.
Speaker 2:Yeah, people have to understand. You know, when it comes to infrastructure, they complain to the developer, but it's the responsibility of the government, which means you're often waiting for that time to come when it's your turn for the road to be done, often waiting for that time to come when it's your turn for the road to be done. So developers are factoring this in and they are, you know, putting their own money into it. But that means that to get their returns, they do need to make the house that the price of the house will be that little bit more so right now.
Speaker 2:Ghana is a fantastic place to invest because it's green, it's developing. It's not done and established and set. It's now. The potential is there and people have got their eyes on it on scale. So if you see an opportunity for an off-plan development where you know that the infrastructure is part of the plan, then you can buy it for a lot cheaper than if it was a ready-built house of the plan. Then you can buy it for a lot cheaper than if it was a ready-built house. So you've got different options, which is wonderful, and Accra as a capital is expanding, so it's really growing out. If you don't want to be in the crazy hot, you know, congested center, then you can live, like you said, in Oyarifa, in Aymenza, in in OEB, like we mentioned. So this is why it's the time now, you know, invest in these areas while it's not established, and you can be part of that. And also, as an investor, you'll make significant returns because you're investing now, while the price is low.
Speaker 1:Sure, Okay, so we're into the last 10 minutes of the show, so I just want to sort of touch about building, because I know there's a lot of building going on in Ghana and maybe listeners who are listening to this podcast or viewers may want to know about building in Ghana. So, again from the sort of Ghana bound, you know brand that you've got in terms of real estate, how do you help people who want to build properties? You know build their dream home.
Speaker 3:If you want to build the property with our partners. In some cases you can come to me with a picture from Pinterest. I want my house front to look like this and then we can sit you down with the architects and work the rest back from the facade. Also, we have a menu of builds that we've got with the exact pricing of what you will pay for that home. Um. Caveat to that, if you're up in in um every on a sheer, um pitch, plot, plot of land, then maybe there has to be civil works done just to be able to get the house done. But if it's a normal, relatively flat piece of land, we can get you homes built, modern looking homes built from around $55,000.
Speaker 1:Okay.
Speaker 3:The Ghanaian equivalent of.
Speaker 1:So we take you from there. And what's? You know? Building materials, because I hear that they're going up like crazy. Because I know when I left Ghana not that long ago, about ten years ago, cement was 17 Ghanian cities, now about 100 gallon cities. So how are the price of building materials?
Speaker 3:Yeah, so cement for building now is at 97 cities a bag. I bought 20 bags today and then for the lesser grade cement that you'd use for plastering, that is at 71 cities so this fluctuates daily.
Speaker 3:yeah, it can go up like by next week it could be 100 and come back down. So the general trend for those being building materials are slowly coming down and there's some new products coming onto the market over here and Ghana soon will actually be making cement from scratch in Ghana, which is a development that's actually happening Right now. There's a few parts of the chemical mix that we still import, so most things are imported here.
Speaker 3:People say, oh, you're building in Ghana, all the things coming, but it's not like that. A lot of things are still imported.
Speaker 1:Right, right. So what about things like the iron rods, the sanctuary, the doors, kitchens?
Speaker 3:Iron rods go up by the minute. They're so expensive. Look, if you can buy as much of your material in one go, that's the most economic way of doing it. The golden question we get should I buy or should I build? Um, building when you've got a very good, well-known contractor is going to save you so much. Uh, peace of mind when you're. But when you're building. So you said, should I? Did I say that over now? Buying when you buy a home, you, you save yourself peace of mind when you have a very good contractor when you're building. If you don't know what you've done or you've never built a home before you are, you're going to have palpitations and you're going to make mistakes because you've never built before. We get a lot of people coming over I'm going to build, it's cheaper and the last thing they built was lego blocks at school. You know they've never built anything before and then they'll be on site making changes, trying to do all sorts and they're running around in circles and you'll just be taking advantage of it?
Speaker 2:you don't know what you're doing like automatically, and it's not just those of us that have come from outside, it's local. Ghanaians don't know how to build. They, too, will be taken advantage of, because people are trying to just sometimes just like John the builder from Essex.
Speaker 3:If he knows you don't know what you're talking about, he's going to toss the lot that one debate. You know it's the same. Builders are the same the world over. There's a lot of people here that are proud of their work and have a good name in the industry that are going to give you a good product. We can help you find those people. We are very cautious for a lot of reasons when we come back from the UK or from the States and we feel like everybody wants to rip me off. That's not actually the case. Feel like everybody wants to rip me off that's not actually the case.
Speaker 3:If you're going to do it right, you'll. You'll get the vibe straight away that you've walked into a great office. The people seem to know what they're doing. You can go and look at other builds, especially. That's a good one with developers. What other stuff have you done? Go and have a look. Go and talk to the people that live there. They can tell you if the place started leaking in five minutes or if it was fantastic. So don't lose your common sense just because you've come to Ghana.
Speaker 1:You're right. I mean, that's some good advice as to which to end the show, so you know. On a final tip, what advice would you give to those people who want to build, buy, buy land, buy property? What are your sort of tips?
Speaker 2:Follow the professionals, work with the professionals and don't be afraid to work with a broker, because people often think they're trying to save money by going by an auntie and uncle or a random person on youtube. Because the thing is, you know, we promote houses on youtube, but we've set up a brokerage and we're under the ghana association of real estate brokers. So be very careful, but, and be willing to work with the professionals and you'll find a lot of the brokers don't charge you as the buyer, so you're not gonna, you know, lose money by working with professionals.
Speaker 1:Yeah, great, definitely fantastic and garner is right.
Speaker 3:Garner is right. If you can't afford a whole plot, get a quarter plot. We can still put something up. You'll be sorry if you don't get in on it now, because people from all over the world are coming to Ghana and buying land in beautiful locations right now. All the horror stories that you hear hasn't deterred them. They're still coming and buying. I get on a plane. There's people from China, there's people from Lebanon, there's people from all over the world coming here to do business. Now, if they're coming to do business, why are we, the diaspora, not coming and doing business? What are we scared of? What are we missing out on?
Speaker 2:and then, lastly, yeah, lastly, I would say this if you're worried and concerned about the price, the cost of buying, then you do it as a group. Don't come and do it on your own. A lot of investors do as a group and in our community, you know, as African-Americans, african-uk or Caribbean as a community we are the last to come together and invest as a group and you know we're a big part of that movement where it's like no change the mindset. Do it as a group, get lawyers involved, create a contract between you, do it properly and then put your money into land or property in.
Speaker 1:Ghana. That's sound advice, sound advice. Thank you very much for that. So it's been fascinating talking to you about the Ghana brand the Ghana brand particularly about the real estate and you've given us some great nuggets about how to get land, how to develop your property, how to buy property, et cetera, in Ghana. So lots of opportunities out there for the listeners and also viewers who want to buy land in Ghana. So, sam Yabba, thank you very much for joining me on the Ghana Express.
Speaker 3:Thank you so much.
Speaker 1:I will definitely put your links, all your links, to your website, to your YouTube channel, etc. And people can contact you that way.
Speaker 3:Alright, Thank you so much. Have a great evening and enjoy the rest of your day.
Speaker 2:Our pleasure, bye-bye.
Speaker 1:Bye-bye. Very good folks. That was Sam and Yaba from Ghana Bound talking about their product and hopefully, like I said, I'll put you the links to their website and also the Ghana Bound YouTube channel on the fullness to the podcast. All right, so this has been Ghana In Focus with myself. Kwame, thank you very much for listening and we'll see you next week for the next edition of Ghana In Focus. From all the crew here, thank you very much for listening and we'll see you real soon. Take care now, bye, bye.