Accra City Guide

Accra is Ghana's capital and the commercial heart of West Africa's most dynamic real-estate market, a coastal metro of roughly 2.8 million on the Gulf of Guinea. The prime residential map is concentrated in a tight cluster of established neighbourhoods, Airport Residential Area, Cantonments, East Legon, Labone, and Dzorwulu, where expatriate and corporate demand keeps vacancy as low as 3-5%. In these districts, prime three-bedroom houses run roughly USD 450,000-600,000 and high-end apartments USD 250,000-400,000, with East Legon stock spanning USD 350,000 to well over USD 1 million at the top tier. Greater Accra prices grew an estimated 7-12% in nominal cedi terms over the past year, and gross rental yields range widely from about 6.5% to 9.5% depending on segment, generally 7-8% for serviced apartments on long leases in Airport Residential. The 2026 market is bifurcated: mid-market gated homes (USD 80,000-350,000) absorb quickly at firm prices, while the luxury segment above USD 400,000 is a buyer's market with oversupply and negotiating room of 10-20%. Dollar-denominated demand and cedi volatility are defining features for international buyers.