An increasing number of Ghanaians living in the country and the diaspora are investing significantly in real estate. This is mainly due to the high returns available in Accra’s booming high-end real estate market.
Numerous industry studies indicate that rental properties in Ghana yield returns between 19.3 percent and 22 percent. Rental yield represents the expected return on investment from renting a property, expressed as a percentage.
High-end residential developments in Airport City, Airport Residential Area, Cantonments, Roman Ridge and East Legon have been the main draw for investors, yielding an approximate occupancy rate of between 70-80 percent per annum. The latest is the Prestige, a residential and commercial development by i2 Development.
Nestled just a minute’s walk from Terminal 3 of Accra’s Kotoka International Airport, the Prestige real estate project represents an unparalleled opportunity for investors and homebuyers. The development has quickly established itself as a beacon of modern living and convenience, drawing interest from those keen on a lifestyle that merges comfort with accessibility.
With phase one progressing promptly, phase two—dubbed La Casa Grande—is now open for sale, and it promises to build upon the success of its predecessor.
Youssef Aitour, the Co-Founder and Managing Director of i2 Development, noted that the first phase of the project saw considerable uptake. “This overwhelming response underscores the project’s strategic location and the desirability of lifestyle offerings in urban development today.”
He further added: “Now that Prestige has swiftly become Accra’s most desired address, setting a new standard in refined living; we are determined to surpass our customers’ highest expectations in delivering an elevated luxury”.
The first phase of the Prestige development was nothing short of a phenomenon in Accra’s real estate market. Offering a mix of luxurious studios, one-bedroom and two-bedroom apartments, phase one quickly captivated the interest of potential buyers.
Those who sought to own a piece of this exceptional property recognised its value as a residence and a lucrative investment opportunity—especially given its proximity to one of the leading international airports in West Africa.
Phase two: La Casa Grande
Building on the momentum of phase one, phase two of the Prestige project introduces La Casa Grande—a new chapter that further enhances the appeal of this coveted property.
Designed with modern living in mind, La Casa Grande will offer residents an unparalleled lifestyle experience that combines luxury and functionality. La Casa Grande encompasses an elegantly designed array of apartments in various configurations that cater for different lifestyles and preferences.
Whether you’re a professional seeking a contemporary living space or a family searching for room to grow, this phase has something to offer everyone. Each unit is crafted with high-quality finishes, providing aesthetic appeal and the comfort that today’s homeowners demand.
A particularly exciting aspect of the launch of La Casa Grande is that all buyers from phase one have been granted a three-week priority window to secure their choice of units in the new phase before it opens to the general public. This exclusive opportunity rewards early investors who demonstrated their confidence in the project and recognise the value of their commitment.
The priority window allows prospective residents to select the perfect unit that fits their needs, ensuring they have the first pick of the luxurious options available. The strategic planning behind this allocation highlights the Prestige developers’ commitment to creating a community of like-minded satisfied residents who can call La Casa Grande their home.
One of the standout features of the Prestige project is its prime location. Situated a mere one minute from Terminal 3 of Kotoka International Airport, residents will enjoy seamless connectivity to both domestic and international travel options. This aspect is not just convenient for frequent travellers; it also adds an undeniable allure to investors looking for properties with high rental potential.
Moreover, the Prestige’s location offers easy access to key amenities. Residents will find themselves just a stone’s throw from major social attractions, premier dining options and upscale shopping experiences. This urban living arrangement is ideal for those who appreciate having leisure and entertainment at their fingertips while maintaining the comfort of home.
Investment potential
Real estate in prime locations, such as Kotoka International Airport, has always been regarded as a sound investment. The Prestige project capitalises on this strategic positioning by offering a blend of luxury and functionality that appeals to a wide market. As international travel continues to grow in West Africa, the demand for quality accommodation in proximity to the airport is expected to rise, making this project a compelling choice for investors looking to capitalise on a growing market.
Moreover, with phase two now for sale, a limited window exists for those newly interested in joining this vibrant community. Investing in La Casa Grande not only promises potential financial returns but also positions buyers within an upscale community renowned for its quality living experience.
The Prestige project at Terminal 3 of Accra’s Kotoka International Airport is a landmark
real estate development that has captured the attention of buyers, investors and the market as a whole. With the success of phase one and the highly anticipated launch of phase two—La Casa Grande, now is the time for interested buyers to act.
For those who were fortunate enough to secure a unit in phase one, a priority opportunity awaits to expand their investment in La Casa Grande. For new investors and home seekers, this is an opening to join an exclusive community that offers both urban sophistication and a tranquil retreat.
As Accra evolves into a dynamic centre for travel and commerce, the Prestige project stands as a testament to modern living, luxury and smart investment decisions at one of the busiest aviation hubs in West Africa. The future is bright at Prestige; don’t miss out on being a part of it.
Source: thebftonline.com