If we are talking about places where rich people lives or where real estate is expensive to rent or buy, what comes into mind is all too familiar 10 best affluent neighbourhoods in Accra which includes:
- Airport residential area
- Airport Hill
- Cantonments
- Labone
- North Ridge
- East Legon
- Dzorwulu
- Trassacco valley
- McCarthy Hill
- Regimanuel estates
Honourable mention locations includes 5 other neiborhoods: Osu(some parts), Adjiringanor , Airport city, East legon hills and Roman ridge.
Bottom line, the term location, location is overhyped to some extent. Yes, location is important, but not always the case. You need to know the market, what part of town are people moving to? Buying a property in prime location doesn’t always mean it is a good investment.
Read also: Top Locations in Accra: Houses and Apartments for Rent or Sale, and Commercial Spaces for Rent
WHAT ARE THE MOST FAST GROWING AREAS IN ACCRA?
Here are the fast growing locations in Accra and nearby regions:
- Tema community 25,
- Oyibi-Appolonia,
- Aburi
- Kasoa
- Kwabenya
- Amasaman,
- Abokobi,
- Oyarifa,
- Ayi Mensah
- Pokuasi
- East Legon hills
- Dodowa
- Prampram
- Berekosu
Accra is one of the fast gowing cities in Accra. It begs the question, what factors cause the population growth in Accra? One of such factors has to do with urbanization. Most people are moving from the rural areas into the city in search for jobs and a better life which spike exponential growth. These also influences the cause of high rent, upward spiral of land prices and homes in Accra.
Read also: 12 Emerging & Fast Developing Areas of Accra to Invest in Real Estate Now
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