Devtraco Plus, a subsidiary of the Devtraco Group, and Ghana’s leading multiple award-winning luxury real estate developer, is thrilled to announce the launch of its latest development, "The Address." Located in the prestigious Roman Ridge area. This project is poised to redefine modern living in Accra, offering a trio of towers that feature vacation, residential, and hotel apartments, each designed...
The Ghana Property and Lifestyle Expo 2023 saw a record number of deals executed at its flagship UK event. This two-day event, held in Chelsea, London, brought together hundreds of aspiring property investors and Ghana's leading property developers and experts, facilitating several seven-figure deals and counting. It stood as the quintessential "one-stop shop" for individuals passionate about property...
Some real estate firms have absolved themselves from the high cost of houses in the country, saying they cannot be blamed for that. Defending the assertion, the Executive Director of Elegant Homes, Dorothy Afua Quarshie said the rising cost of building has made it difficult not to pass on the cost to the buyers. “Most of our real estate developers have to invest their own capital in developing...
In a significant step toward forging international collaborations and showcasing the excellence of African real estate, the Guyana Housing and Water Minister, Collin Croal, accompanied by his Information Minister Kwame McCoy, recently embarked on a momentous visit to Devtraco Group's projects in Ghana. Led by the dynamic CEO of Devtraco Group, John Entsuah, and the astute COO/Head of Developments, of...
The UN Economic Commission for Africa (ECA) Sub-regional Offices for North and West Africa are holding, in partnership with the Government of Ghana, the second Joint Intergovernmental Committee of Senior Officials and Experts (ICSOE) for North and West Africa on 1-3 November 2023 in Accra, Ghana. This year’s edition of the ICSOE focuses on the theme: "Investing in the Energy Transition, Food Security,...
Buying property in Ghana, whether as an investment or for personal use, requires navigating the country's financing options. For an international investor, arranging financing can be more complex. This guide explores strategies and considerations for financing real estate purchases in Ghana as a foreign national. Overview of Financing Options in Ghana Several financing options exist for...
Real estate and construction companies operating in Nigeria have managed to secure loans amounting to N2.26 trillion within an eight-month period. These borrowed funds from various banks have been instrumental in expanding their service capabilities within the sector. According to PUNCH, these loans, procured between November 2022 and June 2023, have exhibited significant growth, surging from N1.90...
The biggest celebration of African lifestyle and property outside of the continent is back in London for its 7th year and will also take place in Accra, Ghana, this year, for the very first time. The Ghana Property & Lifestyle Expo (GPLE), the brainchild of real estate powerhouse duo Anna and Victoria Agyekum and founders of On Point Property Management Ltd, will take place in London at the Pestana...
Tema, a prominent industrial and bustling port city in Ghana, has blossomed into a flourishing real estate market in recent times. With its advantageous coastal setting, robust economy, and continuous infrastructural enhancements, Tema presents compelling prospects for real estate enthusiasts. Why choose Tema's real estate scene for investment? Strategic Location: Tema enjoys an enviable position along...
The Ghana Real Estate Developers Association (GREDA), the umbrella body of property developers, has bemoaned the influx of illicit money into the real-estate sector – describing it as alarming and with dire repercussions for the economy. With the banking sector having closed all the loopholes for money launderers, GREDA said the real estate sector – built or landed properties – is increasingly...