Looking for a reasonable house to buy or Mortgage in Accra?

Hilltop Estates

Is the brainchild of Dr.Frimpong, the developer of Afrakomah Apartments at Dome, Accra. With about 30 years of experience outside Ghana, the challenges of Ghanaians in the diaspora who need houses in Ghana is well understood and catered for in all his projects.

For Video of our Completed Project: Afrakomah Apartments,
Click on:

Description: Hilltop Estates
A gated community is being developed at Pokuase, Accra to comprise of 6 elegant houses.
Location: about 15 mins drive to the Achimota Mall, Achimota, Accra.
As you may be aware, currently on the market, 3 bedroom houses sell for $200,000 in the said area but we are offering a much more elegant 3 bedroom houses (expandable to 4 bedrooms) for $185000.

Outline of the “Hilltop Estate” Houses: Elegant looking private houses(with own compound and Walls) in a gated community Ground Floor: Living room(with half bath) with open space to top floor, Dinning room, Kitchen and 1 self-contain bedroom Top Floor: 1 self-contain bedroom, 2 additional bedrooms, 1 bathroom & a balcony overlooking the front yard. Provision with barristers, overlooking the Living room from the top floor. Barbeque area on the compound Garage See the above link for the details including the optional features ***Our final 3D house model will be made available soon…it will look very much like the picture on this page.

So how is such a purchase typically financed in Ghana?
The popular approach in Europe and America is to finance home purchases through mortgages and as a result, the typically question I get is “how do I mortgage a house in Ghana?”
Many banks in Ghana generally use variable interest rates but because of the uncertainties surrounding variable interest rates, if one has a way to get a second mortgage in the US (or, in Europe) to finance such a project, I will surely recommend that approach.
Another payment option:
A prospective buyer can pay one-third of the total amount and after the developer completes the project up to a certain agreed upon point in the construction before an additional one-third payment will be made (roughly in about 3-6 months). By the end of 9-12 months, the keys will be ready, contractual details will be verified and the remaining one-third balance of payment will be made.

Contact Dr. Frimpong directly with any inquiries on these Real Estate Projects:
(For any Tech E.I.G. related inquiries please refer to the contact info on the TechEIG.org home page)

Phone:

• 732 322 8164 (US)
• 0262 9999 28 (GH)

E-mail:

• E-mail: FrimpongY@msn.com