From Gardener To Real Estate Mogul: Meet The Ghanaian Man Who Is Building Over 5000 Houses in Ghana
- Real estate tycoon, Mr. Ebo Acquah, shared his inspiring story in a YouTube interview about how he became a real estate mogul after working as a gardener
- Mr. Acquah is building over 5000 houses in Ghana and owns several gated communities in Kasoa and other parts of the country
- Mr. Acquah stated that he started as a gardener and made enough money from the business to build his first house
In an interview with Build With Amoaa, Mr. Ebo Acquah shared his story of becoming a wealthy real estate developer by starting humbly as a gardener. Mr. Acquah narrated how he started by making money from beautifying home gardens and also winning high-end gardening contracts.
After making enough money, he bought about 12 plots of land for 200 cedis in the early 1990s, which is about 2 pesewas today. Mr. Acquah added that he bought the plot without knowing what to use it for.
Watch the full interview below.
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Mr. Acquah told his interviewer that after buying the vast piece of land, people began to infringe on the property, so he had to build houses to prevent trespassing. Mr. Ebo Acquah eventually sold the two 2 bedroom houses he initially built on the land, which began his venture into the real estate business.
The real estate mogul has since built houses for SSNIT staff and bank employees. He has also constructed public sector housing with Republic Bank, then known as HFC Bank.
Mr. Acquah asserted that his real estate company has built 1,200 housing units and is currently constructing a 5000-unit gated community. He anticipates that the 5000 housing units should be completed in the next 5 years.
Mr. Acquah sells his one-bedroom houses for $25,000, his two-bedroom houses for $32,000, and $84,000 for a four-bedroom house. He stated that he intends not to go beyond $100,000.
Social Entrepreneur Builds Gated Community in Kumasi for Black Foreigners Who Want to Settle in Ghana
In an earlier story, YEN.com.gh wrote about how a social entrepreneur L. Nzingha Samuel is constructing a gated residential neighborhood in Kumasi for African Americans. She is adamant about assisting black people from America to purchase property in Ghana so they may build homes.
At the height of police violence and prejudice against black people in America in 2020, L. Nzingha Samuel was inspired to move permanently to Ghana.
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Source: YEN.com.gh