Ghana’s vibrant capital, Accra, boasts rapid real estate developments in recent years as a consequence of the city's expanding economy and increasing urbanisation. Accra's skyline is constantly evolving with new high-rise buildings and modern developments. The city has also seen the emergence of different property types for various needs, from residential to commercial and a mix of both.
As a result of immense foreign investment, the prices of residential and commercial properties for sale and rent in Accra have seen a significant increase. If you are looking to start a business in Ghana, here's an overview of the current landscape for commercial properties in Accra.
Accra has a diverse range of commercial spaces, from high-rise modern office buildings to smaller, boutique retail environments. Among the popular areas to buy commercial properties in Accra are Airport City, Central Business District (CBD), East Legon, Labone, Osu, and Tema. These locations offer easy access to amenities like restaurants, transport hubs, and financial institutions. Offices in these areas can cater to multinational companies, local businesses, or startups.
Industrial properties such as warehouses and manufacturing spaces are becoming more valuable in Accra. With the government's focus on industrialisation and increased infrastructure projects, areas like Tema - which is a major industrial hub - and parts of Kasoa are seeing interest. Thus potential buyers looking to start manufacturing or storage businesses should find commercial properties in these areas more appealing.
In response to urbanisation and the need for efficient use of space, mixed-use developments are gaining traction in Accra. As a way to maximise space and promote convenience, these developments integrate retail, commercial, and residential areas into a single building, providing unmatched simplicity and effectiveness.
Commercial spaces for sale in Accra present various opportunities for investors and with the city's growing economy, coupled with strategic infrastructure development, local and international investors can take advantage of the potential for high returns on investment.
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