Welcome in Modern Ghana ,
If you live in America , UK ,Germany or Asia and you still think people in Africa live in trees, as your grandfather had prejudiced your mind a long time ago, think again! Welcome to Accra,Takoradi,Ankobra,Eikwe - Ghana, the land of Kwame Nkrumah, and the first country in Africa to wrestle independence from the British 53 years ago.
There is something going on here which has not happened before. People here are snapping up luxury beach villas and Beach homes like there is no tomorrow, and some smart developers in tghana are responding to the brisk demand very briskly too. There is a lot of anticipation and excitement here, maybe because of the recent oil find in Takoradi area and the expected drilling scheduled for the last quarter of this year. Demand for luxury real estate in safe residential beach neighborhoods has become a sport. People can't wait to see the ground broken by a developer in these neighborhoods before they swoop in to register their interest quickly. Major companies in Ghana like C & R Ankobra Ltd. are literally stepping over each other, registering their interest in properties. Foreign companies looking for accommodation for their foreign staff in particular, are racing for such places because most of these developments are created in gated communities or with own beach.
The Airport Residential Area in Accra as well beach areas around Takoradi particular has become a haven for luxury villas and beach homes. Driving through this area these days feels like driving through the southeast corridor in Miami, Florida. The major players in this area are C & R Ankobra Ltd, Purple Oak Ltd and Villagio Vista by Trasacco Valley Developers at Dzorwulu, just next door in Accra and the Takoradi ,Ankobra , Eikwe area. Having met most of the players myself, it feels good to know that it is Ghanaian entrepreneurs who are the brains behind all these projects and it tells you how far our country has come. I guarantee anyone to step into any of these developments to see the quality of work being done on these projects: it feels like any luxury home or villa Miami, Los Angeles, London, Paris or Tokyo - I guarantee you! Beach villas, houses and condo units here are selling from US $250,000 and up, depending on number of bedrooms, baths and size of the property. Most villas , houses and developments have a pool, a own private shoreline, a kids playground ,clubhouse. Savy investors are snapping up these properties briskly at today's prices because they know that these will be the multi-million-dollar properties of tomorrow, just as it happened in Miami, Los Angeles, Berlin, Paris or Tokyo over the years.
We had our own experience recently, representing a landlord in negotiating a lease for a foreign company who have just arrived in town to start building homes in Ghana. By the time we concluded our negotiations, three other companies were already lined up on standby, waiting to take the building if our negotiations failed. That's how high the demand is for properties in these areas. There is a new enclave being built at the outskirt area from Takoradi to be called Ankobra Beach Development as well Eikwe Beach Development, which will house a 4*-resort, beach villas ,pool. This enclave is merely a half hour drive from Takoradi.
The best kept secret in Takoradi these days is the Beach road area as well the Ankobra and Eikwe beach area where the developments has virtually become the enclave for luxury beach villas and -homes. Don't be surprised to see heavely machines razing to the ground land for brand new beach Villas and homes here. Luxury beach villas and homes in this area around Takoradi rent easily for US $2000 – US $3000. Yes, in Takoradi , Ghana! If you are thinking of buying property in this area, be ready to shell out anything from the $400s. There are several beach villa developments here, all will build tastefully and created with lots of greenery, swimming pools and in walking distance to the beach . It is a joy to visit this areas and beaches and see things for yourself. And if you have the money, buy one beach villa or home! The developers are waiting and eager to satisfy your taste.
Who says Africans live in bad condition?
Leave those tired thoughts behind and welcome to the new modern Ghana!!!
Uwe Ritter