Ghana’s real estate sector is experiencing remarkable growth, with neighborhoods like Tse Addo, East Legon Hills, Airport Hills, and Aburi becoming key players in the country’s property landscape.
These developing areas are coveted for their planned residential estates, top-tier amenities, and accessibility to schools, fueling a surge in demand and property prices.
Tse Addo is rapidly transforming into a prominent community in Accra, attracting notable figures like former President John Mahama. Its strategic location behind Trade Fair, along with tall structures and gated estates, has made it a real estate gem. Many are eager to secure land here before prices soar, as Tse Addo is poised to rival established areas like Airport Residential Area and East Legon.
East Legon Hills, near Santoe, continues the legacy of East Legon with its family-friendly environment, quality schools, and reasonably priced housing options. Well-maintained infrastructure, piped water, and electricity make it an attractive choice. Land prices are currently around GH¢ 150,000. Its allure lies in its peaceful ambiance and affordability.
Airport Hills, while emerging, offers a more budget-friendly alternative to exclusive neighborhoods like the Airport Residential Area and Cantonments. It features serene gated residences and excellent connectivity to essential services, becoming a hub for commerce and investment. Foreign investors are eyeing the area, increasing housing demand.
Aburi, in the Eastern Region, provides a retreat from city life, attracting individuals seeking tranquility. Just a 40-minute drive from Accra, Aburi boasts botanical gardens, luxury hotels, and serene getaways. It’s becoming a preferred choice for retirees and top politicians, elevating land values significantly.
In conclusion, these developing Ghanaian neighborhoods are not only on the rise but also reshaping the real estate landscape, offering a range of options for different lifestyles and budgets. As demand continues to surge, these areas are poised for further growth and investment potential.
Source : Africa Home Building News – Joycelyn Marigold