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Kumasi is a city in Ashanti Region, and is among the largest metropolitan areas in Ghana. Kumasi is near Lake Bosomtwe, in a rain forest region, and is the commercial, industrial and cultural capital of Asanteman.
Kumasi is alternatively known as "The Garden City" because of its many beautiful species of flowers and plants. It is also called Oseikrom (Osei Tutu's town). Kumasi is often described as Ghana’s second city.
The Central Business District of Kumasi includes areas such as Adum, Bantama and Bompata (popularly called Roman Hill) is concentrated with lots of banks, department stalls, hotels like Golden Tulip Hotel, Golden Bean Hotel among other luxury hotels.
Economic activities in Kumasi include financial and commercial sectors, pottery, clothing and textile. There is a huge timber processing community in Kumasi serving the needs of people in Ghana. Bantama High Street and Prempeh II Street in Bantama and Adum respectively have the reputation of being the hub of business and nightlife in Kumasi.
The Ashanti region offers relatively cheaper lands for sale compared to those in Accra. Lands for sale in Kumasi may be regarded as the most expensive among all lands sold in the Ashanti region.
In accordance with the Asante Custom and Tradition, every land allocated within the Kumasi Traditional Area has to receive confirmation of the Golden Stool before it becomes valid. Without such confirmation, the grant is incomplete and vulnerable when the rights of the allottee are challenged.
There is evidence that there are several hundreds of allottees whose allocations have not been converted into leases with the confirmation of the Golden Stool.
Lands for sale in Santasi and lands for sale in Abuakwa are among some of the most sought-after places areas in Kumasi.
Estate lands for sale in Kumasi are also on the rise due to the sense of security it affords especially when you are buying from a real estate developer. Lands for sale in Ejisu are ideal for those seeking peace and quiet away from the more commercial and business centres of Kumasi.
The price of houses for sale in Kumasi is influenced by a variety of factors such as location and the type of house it is. Places like Ahinsan, Ahodzo and Airport Ridge are more expensive than areas like Kotei and Ayeduase. People also opt for uncompleted buildings for sale in Kumasi since it is cheaper and they can refurbish to their specifications. Some also refurbish these old buildings and then sell them at a higher price.