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Ghana Property & Lifestyle Expo Returnedto Accra for Grand Finale
Elegant Homes and General Construction has its annual Health and Family Fun Day event
Cash Buyers Secure Bigger Discounts Amid UK Property Market Surge
Elegant Homes and General Construction hosted its annual Health and Family Fun Day at Elegant Courts, aimed at promoting employee well-being and strengthening workplace culture.
Executive Director Dorothy Quarshie emphasised the positive impact of the event, noting it fosters a supportive and energetic work environment.
The event, launched last year, offeredd health screenings for employees and their families, encouraging rest and productivity. Dr. Lovia Allotey Babington, who organized the medical team, highlighted essential checkups, including blood pressure and glucose screenings, along with PSA tests for men over 50.
The day also featured entertainment and sports competitions. Quarshie expressed optimism for business growth and increased sales next year.
The 2024 Ghana Property and Lifestyle Expo (GPLE) was officially launched in Accra at the residence of the British High Commissioner, marking a significant milestone in Ghana’s real estate sector. Since its inception in 2017, the GPLE has played a transformative role in shaping the country’s real estate landscape by connecting global investors with the growing property market in Ghana.
Organized by On Point Property Management Ltd founders and sisters, Anna and Victoria Agyekum, the Expo serves as a platform to showcase the latest developments and investment opportunities within Ghana’s booming property market. The event highlights the country’s increasing demand for real estate driven by growth in tourism, urbanization, and lifestyle trends.
Ghana’s vibrant economy and political stability have solidified its position as a prime destination for investors. The country’s rising urbanization and thriving tourism sector continue to fuel demand for both residential and commercial real estate, making it an attractive market for global investors.
Still on the Expo, it spanned three continents and kicked off in Washington, DC drawing top-tier developers and industry leaders from around the world. Participants had the opportunity to connect with trusted real estate experts and explore a diverse range of investment opportunities, from luxury developments to rental and Airbnb properties designed to meet the growing demand for urban living.
Anna Agyekum, director and co-founder of On Point Property Management, shared her vision for the event, stating it’s about empowering individuals to build generational wealth by tapping into one of Africa’s most promising markets. Ghana’s potential is vast, and we’re thrilled to bring this opportunity to London once again.”
With over 1 million tourists visiting Ghana annually, primarily from the US and UK, the demand for real estate is surging. Lifestyle factors such as the growing preference for luxury amenities, including swimming pools, rooftop lounges, and integrated grocery shops, are driving this real estate boom. The Expo allowed attendees to explore these emerging trends and learn about innovative development projects that cater to the needs of a modern, urban population.
It was a premier event that offered an unmatched opportunity for investors to tap into one of Africa’s most dynamic and promising real estate markets
UK Property Market Sees Boost for Cash Buyers Amid Rising Demand
The UK property market gained significant momentum in late 2024, marked by increased transactions and rising house prices. While mortgage rates have remained higher than anticipated, with the Bank of England base rate steady at 4.75%, cash buyers are securing notable discounts.
Research from MPowered Mortgages reveals cash buyers are paying an average of £28,189 less than mortgaged buyers—approximately 9.3% off property prices. This trend is most pronounced in the North West, where cash buyers can enjoy discounts of up to 13.4% (£31,827) off average property prices. The region also leads the UK in house price growth, driven by heightened demand and strong forecasts from Savills for continued price increases.
The absence of borrowing costs and sellers’ preference for cash transactions are making the market increasingly favorable for cash buyers, including homeowners and property investors.
Source : Property Express News – Joycelyn Marigold
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