Takoradi City Guide

Capital of Ghana's Western Region and the commercial half of the Sekondi-Takoradi twin city, Takoradi is the country's oil-and-gas gateway, its deep-water port dredged from 11 to 16 metres over the past decade to rival Tema and to service the offshore Jubilee and TEN fields. Property demand has tracked the energy build-out, with three-bedroom homes in prime Beach Road, Chapel Hill and Windy Ridge running roughly USD 120,000-180,000 and serviced residential plots between USD 60,000 and USD 110,000. Foreign buyers face Ghana's constitutional ceiling on tenure: non-citizens cannot hold freehold and are limited to leaseholds of up to 50 years, renewable, while Ghanaian citizens may hold 99-year leases. Rental yields are healthy by Western standards at roughly 6-8% gross on serviced expatriate-grade housing, though non-resident landlords pay a 15% withholding tax on rental income and contend with cedi depreciation against the dollar.