Owning a luxury apartment in Ghana is on the minds of many people. A space that offers comfort, elegance, and everything you need to enjoy life in one of Africa’s most vibrant countries is highly desired. Now, that dream is becoming a reality, and you’ve set your sights on Libi Homes, one of Ghana’s premier real estate developers. What next?
Let’s walk through this exciting 7-step journey together, from the moment you start thinking about what you want, all the way to getting the keys to your new luxury apartment and what you can expect with Libi Homes.
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It all begins with a vision. You start by asking yourself, “What exactly am I looking for in a luxury property?” Perhaps you’ve visited Ghana before or have heard stories from friends and family about the growing luxury real estate market.
Libi Homes currently has projects in the Airport Residential Area, Cantonments and Tema Community 26. All these projects are selling off-plan and fast because they are located in areas that are befitting and desired by many homeseekers.
Cantonments, appeals to you with its leafy streets, embassies, and upscale vibe. The Airport Residential Area is enviable, especially with its proximity to business districts and the Kotoka International Airport. Tema Community 26 is a developing area in a well-planned community just outside of the capital, with easy access to major roads leading to all areas in Accra.
Once you make up your mind about where you want to live, the next step is to decide on the type of home that suits your needs. Maybe you’re envisioning an apartment with two bedrooms, a spacious living area, and a balcony that offers breathtaking views of the city. Perhaps you’re more interested in a townhome, complete with a private garden and a community pool where you can relax after a long day and meet your neighbours.
Libi Homes has it all, offering a combination of quality construction, innovative design, and functional spaces.
Now that you have a clearer picture of what you want, it’s time to make some decisions. You revisit the idea of either an apartment or a single-family home. Both have their perks, but it really comes down to what suits your lifestyle best. For investors, we recommend the Milton condominiums located in prime Airport Residential Area, and promises rental yields as high as 15%
As you explore our offerings, you will notice we have options that align perfectly with your needs. The sleek, modern apartments feature open floor plans, high ceilings, and large windows that flood the space with natural light. Our single family townhomes, on the other hand, offer more privacy, with landscaped gardens, spacious terraces, and a sizable backyard all within a secure gated community.
You weigh your options. If you’re someone who enjoys entertaining guests and being close to the city’s action, an apartment might be the way to go. But if you value tranquility, space, and the luxury of having your own outdoor area, the homes in Cantonments or Tema seem like the better fit.
After careful consideration, you make your decision. The choice is clear—whether it’s an apartment or a townhome, you know that Libi Homes has options for every need.
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With your decision made, it’s time to take the next step. In fact, you might have already been in touch with one of our sales executives. Simply let us know what you are interested in and we will invite you to come for a site viewing.
On the day of the viewing, you’re greeted by a friendly Libi Homes associate who takes you on a tour of the property. We do our best to make it as immersive as possible as we guide you through every room, pointing out the high-end finishes, the state-of-the-art appliances, and the thoughtful details that make the property truly luxurious.
As you walk through the apartment or townhome, you can already picture your future there. You imagine waking up to the morning sun streaming through the large floor-to-ceiling windows, enjoying your morning coffee on the balcony or terrace, and hosting friends and family in the spacious living areas. Everything feels just right, and you can already see yourself living there.
Don’t just bask in the thought, this is where you should make the $5,000 deposit to secure that unit. Don’t worry, that deposit will be added to your final price agreed upon in the Sales and Purchase Agreement.
Now that you’ve found “the one,” it’s time to put your money where your heart is. The next step is to enter into a Sales and Purchase Agreement (SPA). This is the legal document that outlines all the details of your purchase—price, payment schedule, handover date, and any other terms you need to know.
You can choose to invite your real estate lawyer to review the SPA. They ensure everything is in order and that the property title is clear. At Libi Homes, we pride ourselves on being professional and transparent, making the process smooth and straightforward.
Once everything is in place and you are okay with the SPA, you can now sign the SPA, feeling a sense of accomplishment—your dream home is almost within reach.
The SPA is crucial as it protects your interests and ensures that everything is legally binding. This includes the final price, payment terms, and the timeline for when you’ll take possession of the property. The excitement builds as you see everything coming together.
With the SPA signed, it’s time to think about how you’ll finance the purchase. If you’re fortunate enough to have the funds ready, you can go ahead and make the payment as agreed in the SPA. Normally, a 20% downpayment is required weeks after signing your SPA.
You explore financing options, considering both local and international banks. You want a mortgage that offers favourable terms, with a manageable interest rate and a repayment plan that fits your financial situation. We might even suggest some banking partners that we work with to make the process smoother.
Once your financing is in place, you begin making the payments as outlined in the SPA. It could be a lump sum upfront or a series of installments. Each payment feels like a step closer to realizing your dream of owning a luxury property in Ghana. You keep detailed records of every transaction, knowing how important it is to stay organized during this process.
Our construction team gets into full swing and makes progress every day to complete the development. Libi Homes always stays true to our word and we make it a point to deliver the project as promised. You will receive regular construction updates and you will always have someone you can call at Libi Homes.
After all the payments are completed, the paperwork is in order and the property is ready, the moment you’ve been waiting for arrives – the handover. We will schedule a final inspection with you. You will walk through the unit one last time, making sure everything is perfect.
This is your chance to confirm that everything is exactly as promised in the SPA. You check that all the fixtures are in place, the finishes are up to standard, and there are no unexpected surprises. Satisfied with what you see, you complete the handover process. Libi Homes hands you the keys to your new luxury apartment or townhome, along with all the necessary documents.
It’s a surreal moment for most first-time luxury apartment owners—this place is now yours. You hold the keys in your hand, feeling a rush of excitement and pride. The journey has been long and costly, but it’s all been worth it. You take a moment to soak it all in and celebrate this exciting new chapter of your life.
With the keys in hand, it’s time to move in. You start decorating, arranging furniture, and adding those personal touches that make your new house truly feel like home. Libi Homes offers property management services, so you can relax knowing that maintenance and security are taken care of.
You begin to settle into your new life. The neighbourhood is just as vibrant or peaceful as you’d hoped, and you find yourself quickly adapting to your new surroundings and making friends with the neighbours. Whether it’s the morning jogs in the nearby park, the evening dinners at local restaurants, or simply enjoying the quiet serenity of your new home, everything feels perfect.
The best part? You’re now a proud owner of a luxury property in one of Ghana’s most sought-after locations. It’s a place where you can live, entertain, and make lasting memories for years to come. And if you bought the property as an investment, you’re confident that it will appreciate in value, making it a wise financial decision as well.
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Buying a luxury apartment or townhome from Libi Homes is an exciting and rewarding journey. From the early stages of dreaming and planning, to making decisions and signing the SPA, every step has brought you closer to your dream. Now, as you sit back and enjoy your new home, you know it was all worth it. Contact us to get started.