Investor Presentaiton
Real Estate Market in Ghana
High End Segment
Key Characteristics
Cost ranges from US$800 to US$ 1,200 per square metre,
excluding the cost of land
Facilities: sports and recreational areas, security, water
storage and stand-by generators
Rental rates: USD3,000 to USD6,000 per month
Preferred locations: Prime locations with access to essential
infrastructure and amenities. In Accra, prime locations
include Ridge, Labone, Osu, Cantonments, Airport
Properties are held or acquired for investment purposes or
as primary residence
Property developments for this market segment is mainly
private sector-led
Access to financing is usually not a problem as incomes of
prospective buyers provide easy access to mortgage and
other sources of financing if needed. They can usually afford
to self-finance;
Implication and Opportunities
edendale
The generally underdeveloped nature of
basic infrastructure and amenities outside
the urban areas (particularly capital cities)
creates a huge demand for housing close to
these necessary amenities and
infrastructure.
This has generally served to increase
demand for housing in these areas for both
expatriates and Ghanaians.
Demand for units in prime locations is
expected to keep increasing in the foreseeable
futureView entire presentation