How much does apartment cost in Accra?
The avaerage price of 1bedroom apartment unit in Accra is around USD $65,000 to $120,000 or more depending on the location, the unit size, the amenities it offers and its condition – new development or old property. Let’s explore each location much deeper.
Cantonments
As it is well-known as the most expensive neighbourhood, luxury apartments for sale are a popular choice in Cantonment, with several new developments offering high-end amenities and spacious living spaces. Some of these properties can be found through real estate companies and brokers. Real estate websites such as VillaShark can also be a great resource for finding properties in Cantonment and throughout Ghana. We offer a wide range of listings for free from verified agents, including luxury real estate, house listings, and more.
If you’re looking for more affordable options, there are also few cheap houses for sale in Cantonment. These properties need of some work or renovation, but they can still offer a great opportunity to own a home in this lavish community in Accra.
I get it, probably you are interested in new homes for sale or new developments, there are also several developments underway in Cantonment. Many of these properties offer modern design and state-of-the-art features, making them a popular choice for those looking for a fresh start.
Read also: 10 Less Desirable Area to Live in Accra: Avoid at All Cost
Airport Residential Area
Airport Residential area in Accra, one of Ghana’s prime areas offers luxury and modern apartments, furnished apartments and comfort to residents. There are many apartments for sale in the area that cater to the needs of different buyers.
The demand for apartments for sale in Airport Residential Accra is high, and the market is competitive. Many of the properties available in the area are modern, well-designed, and equipped with modern amenities.
The average price for 3 bedroom apartments for sale in Airport Residential Accra ranges from $300,000 to $1.5 million depending on the location, size, and amenities of the property. The price of apartments with modern amenities such as swimming pools, gyms, and tennis courts tends to be higher.
Many of the apartments for sale in Airport Residential Accra are located in gated communities that offer security, convenience, and exclusivity to their residents. Some of the most popular gated communities in the area include The Gallery, Embassy Gardens, and Mahogany Court and many others.
Read also: 12 Most Luxurious Residential Areas in Accra To Live Now
Spintex
This is a rapidly developing neighbourhood in Accra with a growing demand for apartments. Rea estate developers have adopted t the demand especially furnished 2 bedroom or 3 bedroom with security. The area is known for its affordable properties. Most apartments comes with modern amenities including a swimming pool and gym. The average price for a 2-bedroom apartment for sale in Spintex Road is around GHC 350,000 (approximately USD 60,000).
Read also:ECO-FRIENDLY HOMES FOR SALE WITH SOLAR IN GHANA
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Read also: The 9 Advantages Of Living In A Gated Community In Accra
Osu
While some areas in Osu is blighted, it is a popular area in Accra, known for its vibrant nightlife, restaurants, and shopping offering apartments for sale. You will find 1, 2, 3 bedroom luxury apartments , and upwards with an ocean view, and balcony to match. The average price for a 3-bedroom apartment in Osu is around GHC 1,200,000 (approximately USD 205,000). There also affordable homes in Osu as well.
Read also: Where to Find a Single Room Self-contain For Rent In Accra
Dzorwulu
This is another popular area in Accra with many apartments available for sale. It is a great location for families as it has some of the best schools in Accra. Dzorwulu is also known for its many shopping centers and restaurants. It is also known for its peaceful environment and proximity to schools and hospitals. The apartments in Dzorwulu range from studios to 4 bedroom, penthouse, gym, and 24-hour security. The average price for a 4-bedroom apartment in Dzorwulu is around GHC 1,500,000 (approximately USD 256,000).
Read also: What Are The Best Prime Locations In Ghana?
Labone
Labone is a sought-after area in Accra, known for its upscale properties and proximity to the city center. It is also a well-established residential area in Accra with many apartments available for sale. It is a great location for families as it has some of the best schools in Accra. Labone is also known for its many restaurants and entertainment options. You will find any unit mix from studio apartments with swimming pool, and secured community. The average price for a 5-bedroom apartment in Labone is around GHC 2,500,000 (approximately USD 427,000).
Read also:REAL ESTATE IN GHANA: BEFORE YOU INVEST, DO THIS
Ridge
Ridge is a great location for those who want to be in close proximity to the city center. It is a quiet and serene neighborhood with many luxury apartments available for sale. Ridge is also known for its great schools and embassies. Kind of an exclusive area in Accra, well- known for its high-end properties and proximity to the Presidential Palace. Beside high-end apartments in Ridge there are duplex, with gardens and concierge services. The average price for a 6-bedroom apartment in Ridge is around GHC 4,500,000 (approximately USD 769,000).
Aburi
This is a scenic town located in the Eastern Region of Ghana under 45minute drive from Kotoka International airport, known for its cooler climate and beautiful mountainous views. It is a popular destination for tourist for its botanical gardens, peaceful environment. The average price for a 3-bedroom apartment in Aburi is around GHC 800,000 (approximately USD 137,000).
Read also: 12 Fast Developing Areas To Find Cheap Houses For Sales in Accra
Kumasi
Kumasi is an outlier in this list but i decided to add it for the benefit of those looking to explore other options in the country beside Accra. It is the second-largest city in Ghana after Accra and has a growing real estate market. There are various apartments available for sale in Kumasi, ranging from one to three-bedroom apartments. The prices of apartments in Kumasi can vary depending on the location, size, and quality of the apartment.
Apartments in prime locations such as Adum, Asokwa, and Danyame tend to be more expensive than those in other areas. The average price for a furnished 2-bedroom apartment in Kumasi is t around GHC 250,000 (approximately USD 43,000).
.Read also: 11 BEST CITIES AND TOWNS TO LIVE IN GHANA – WEST AFRICA
Trade Fair
Trade Fair is a bustling area in Accra, known for its proximity to the international trade fair center and other commercial establishments. As the name sound is a fast-developing area that is becoming increasingly popular among home buyers. It is a great location for those who want to be in close proximity to the Trade Fair Centre and other commercial areas. Trade Fair also has many shopping centers and entertainment options. The average price for a 1-bedroom apartment in Trade Fair area is around GHC 150,000 (approximately USD 26,000).
West Airport
This is an upscale area in Accra, known for its high-end serviced apartments with gym and rooftop terrace properties and luxury living. West Airport is a serene and high-end neighborhood near the airport. It is a great location for those who want to be in close proximity to the airport and the central business district. It has many luxury apartments available for sale. The average price for a 3-bedroom apartment in West Airport is around GHC 2,000,000 (approximately USD 342,000).
East Legon
The area is known for its upscale properties and proximity to international schools and shopping malls. Beside its prestige, the neighbourhood is a popular area for expats and diplomats due to its location near the airport. It is a great location for families as it has some of the best schools in Accra. East Legon is also known for its entertainment options. Apartments in East Legon comes with swimming pool, with 24-hour security in gated communities. The average price for a 4-bedroom apartment in East Legon is around GHC 1,800,000 (approximately USD 307,000).
Airport Hill
One of the exclusive area in Accra, known for its high-end properties and beautiful views of the airport and city skyline. The average price for a 5bedroom apartment in Airport Hill is around GHC 3,500,000 (approximately USD 597,000).
Adjiriganor
This area is one of the fast-developing areas in Accra that is becoming increasingly popular among home buyers offering a verity of apartments for sale. It is a great location for those who want to live in a suburban area with easy access to the city center. The neighbourhood is also known for its many shopping centers and entertainment options. It is best for its serene environment and proximity to international schools and hospitals. Most of the apartments for sale in Adjiriganor are furnished, equipped with swimming pool,” and 24-hour security. The average price for a 2-bedroom apartment in Adjiriganor is around GHC 500,000 (approximately USD 85,000).
Airport City
Airport City is a prime area in Accra, known for its commercial establishments, high-end properties, and beautiful architectural designs skyline apartments and proximity to the airport. The average price for a 3-bedroom apartment in Airport City is around GHC 3,000,000 (approximately USD 513,000).
Appolonia City
The new city is sitting on 2,325 acres of land is a newly developed area in Oyibi stretch of the Greater Accra Region of Ghana, just under 60minutes drive from airport. It is known for its mixed-Used development featuring modern apartment infrastructure and industrial park. The average price for a 2-bedroom apartment in Appolonia City is around GHC 500,000 (approximately USD 85,000).
Trasacco Valley
Trasacco Valley is an exclusive residential estate in Accra, known for the wealthy class its luxury properties and serene environment. The average price for a 4-bedroom apartment in Trasacco Valley is around GHC 3,000,000 (approximately USD 513,000).
Read also: The Process of Buying and Registering a House in Ghana
Roman Ridge
Roman Ridge is an upscale area in the Greater Accra, also known for its high-end apartment such as NOVA and proximity to embassies and government buildings and international organizations. The average price for a 3-bedroom apartment in Roman Ridge is around GHC 2,500,000 (approximately USD 427,000).
Read also:BUYING VS. BUILD A HOUSE IN GHANA, WHICH IS BETTER?
In Summary, all these prices i have stated above could vary. Again, depending on the property type, where it is situated, it’s current condition, the amenities it offers and the size of the property, plays a role in the pricing. That said, if you are looking for luxurious or high-end homes in Accra you should be prepared to pay a premium. Finally, you can always find affordable property in any location that fit your budget if the seller is highly motivated to sell for pressing personal reasons.
Take Away
Are you Ghanaian in the diaspora or a foreigner national looking to make Ghana your next home? Are you a busy person looking for real estate service provider in Accra Ghana to handle your real estate needs hands-off? Villashark’s one-stop-shop diaspora services has got you covered. Check out our services packages and choose the plan that best fit you. If you have any questions feel free to contact us.
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