In Ghana, a 1 Bedroom house is sometimes colloquially called single room self-contain. These single-room self-contains are built to suit students, single travellers, youth and sometimes young adults beginning life. Single Rooms are mainly built with porch in-front or built as part of an apartment or residential house or a compound house.
Tema has been developed to become an attraction for urban migrants and a haven for many industrial factories. These factories include the Tema Oil Refinery popularly known as TOR, Volta Aluminium, Nestle Ghana and the Cocoa Processing Company. The emergence of these industrial companies has impacted positively on the real estate development in Ghana and ignited a high demand for housing in Tema.
Houses for sale in Tema Community 10, Community 8, 3 and 12 have been receiving much boost in-terms of a property settlement with companies like Devtraco Estates, Afariwaa Royal Homes, TDC Towers, Buena Vista Homes and Gravitas Housing Solutions Limited.
Tema is one of the most expensive places to live in Ghana for obvious reasons such as its bustling industries, seaport and other social activities. Houses for sale in Tema Community 10 can be as expensive as expensive those sold in other plush areas in Accra such as East legon, Cantonments and Airport Area. However, newer communities such as Community 25 offer a relatively cheaper alternative. This is because it is still in the developing stage and is yet to become a full-blown community with its own facilities, industries and life force.
Some sought-after places in Tema are Community 12, Community 10, Community 8 and Community 11. However, living in these places can be pretty expensive so people tend to go in for uncompleted houses for sale in tema and refurbish it to their desired specifications. A typical four house for sale in a prime location in Tema goes for sale for about $300,000 whiles the same kind of property goes for about GH¢400,000 in Community 25.
Living in Tema has a certain high level of prestige attached to it, which also comes with a commensurate high cost of living. Tema is an ideal residential place for business owners, expatriates, upper class and middle class working families.
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