Executive Summary
Accra's real estate market demonstrated resilience in 2024 and is poised for continued growth in 2025, driven by strong demand from the growing middle class, diaspora investment, and corporate occupiers.
Residential Market
Residential property prices in prime Accra locations increased by an average of 12% in 2024, with East Legon, Cantonments, and Airport Residential seeing the strongest appreciation. Rental yields remain attractive at 6-9% for quality properties.
Commercial Market
The commercial office market continues to recover, with Grade A office space in Airport City and the CBD commanding premium rents. Demand from multinational corporations and financial institutions remains strong.
Key Trends for 2025
We expect continued price appreciation in prime locations, growing demand for professionally managed properties, and increased interest from diaspora investors. The mid-market segment (GHS 500,000-800,000) is expected to see the strongest volume growth.
Outlook
Ghana's property market fundamentals remain strong. With professional management and the right investment strategy, property investors can expect solid returns in 2025 and beyond.