he real estate sector in Ghana has emerged as a primary destination for private capital, providing a reliable source of income in the urbanized setting of the capital city, Accra, where demand for high-end and mid-level accommodation remains high. The Ghana Real Estate Developers Association (GREDA) anticipates a potential 25 percent annual rental yield on general real estate investments, with The Prestige project in Kotoka International Airport City 1 offering particularly favorable Returns on Investment (ROI).
With a consistent flow of Foreign Direct Investment (FDI), there is a sustained demand for premium residential spaces near essential amenities like Kotoka International Airport, hospitals, upscale restaurants, shopping centers, and recreational areas, as evidenced by the Ghana Investment Promotions Center’s (GIPC) 2022 data revealing a total FDI of US$1.35 billion across various sectors.
The political stability of the country, coupled with its comparatively high investment returns, attracts real estate investors, especially in sought-after neighborhoods like Airport City I. Nabil Al-Ahmad, Founder and Chairman of i2 Development, suggests that investing in The Prestige project’s studios and 1-bedroom apartments could yield daily rates ranging from $150 to $200, reaching $200 to $300 during peak seasons, potentially generating $50,000 to $65,000 in annual rental income at a 65 percent occupancy rate.
