Accra, Ghana’s development and infrastructure hub, and by far the city of greener pastures, boasts a plethora of industrial and commercial real estate developments.

Further, as the value of investment properties in Accra and other parts of the country keeps rising, the narrative of owning single-family homes, small apartments, and, to a lesser extent, large apartments solely for investment purposes has shifted significantly over the years. As such, real estate developers are now constructing projects aimed solely at investors seeking to profit from rental demands.

Consider Making an Investment In One of these Fine Properties

The following is a list of such projects, their benefits, and how investors can acquire investment properties like beachfront properties in Accra and beyond.

• Pelican Devtraco – Devtraco Plus

The Pelican Hotel gives investors the opportunity to join the global community of hotel investors right in Accra. Located at Cantonments — a well sought-after community in Accra — the fully furnished and fitted hotel available for sale gives investors the upper advantage of securing a short/longer stay investment for their financial future.

Investors can reserve a unit or several units, agree on a payment plan with a 20% deposit, and spread the remaining balance until completion. The Pelican is one of the first real estate developments to offer such a model to investors.

Embassy Garden – Clifton Homes

The Embassy Gardens, also known as the Garden Square, is located just 500 metres from the US Embassy and 3.61 kilometres from Kotoka International Airport. This exceptional investment property in Cantonments features three swimming pools, a dual-complex wellness complex, and a communal complex.

The Embassy Garden’s buy-to-let investment options help investors maximise and protect their returns, making it one of Accra’s most unique investment properties. As a result, Cantonments remains a popular destination for newcomers to the city, and demand for both short and long-term stays will continue to rise.

• KASS Towers

The 17-story mixed-use development is one of the few examples of outstanding and distinctive architecture that contributes to the city’s beauty. KASS Towers, located 2.5 kilometres from Kotoka International Airport, aims to provide one-of-a-kind world-class residential and commercial property in Ghana.

The glass features of the KASS Towers illuminating the city at night, combined with its convenient airport location, make it an attractive investment option that ensures there will be no shortage of tenants to rent out your property/unit as an investor.

• The One Luxe – CPL Developers Limited

The One Luxe, one of CPL Developers Limited’s many developments, has 1 and 2-bedroom apartments as well as a penthouse for investors looking to acquire a property in the luxurious neighbourhood of East Legon. It is a remarkable development that is distinguishably in a class of its own among luxurious developments in the East Legon neighbourhood.

The One Luxe is scheduled to be completed in 2024, so you still have time to make a deposit and secure an apartment to provide you with some future financial returns. East Legon is, additionally, a very popular neighbourhood among many demographics, thereby, raising your chances of making good returns on your investment buck.

• Eleven-Eleven – Akka Kappa

This stunning Akka Kappa, Ghana development is billed to be the leading 5-star beach resort with direct ocean access. The 46-unit development is located in Nyanyanor, between Kokrobite and White Sand, and features high-end details such as modern architecture, modern utilities as well a lagoon in the back. 

Eleven-Eleven is a great investment opportunity for the following reasons:

‘According to conservative estimates, annual yields can reach 30% when occupancy is only 60%. The marketing strategy is two-pronged and has been shown to be effective with guaranteed returns on both weekdays (via corporate retreats/events) and weekends (beachgoers, weddings, and so on).’

Eleven Eleven, the boutique hotel, is expected to include a marina and a wharf for some boating and water-related fun on the lagoons in the future.

Rêve Villas – Rêve Maison Properties

Owning waterfront property couldn’t be easier. The Rêve Villas are in the Tongu District of Adikokpoe in the Volta Region, within Sogakope.

According to  Rêve Villas, investors can expect an annual return of 10%-20% due to its perfect combination of seclusion and breathtaking scenery, amongst other factors. Furthermore, the location’s proximity to the Volta Lake, the combination of outdoor and indoor serene environments, as well as activities, and the stunning view from the villas ensure that the place is never empty.

Properties purchased with the intention of earning investment returns, whether through rental or resale, have been in high demand for quite some time. Venturing into this, it is critical to determine the project’s capital growth; potential total annual rental returns; and vacancy rate; as these factors help to determine whether the investment you intend to purchase will serve the purpose you require it for.