Ghana’s real estate sector is experiencing remarkable growth, offering rewarding opportunities for investors seeking to diversify their portfolios. One such investment gem is The Kensington Heights at Airport City Kumasi, an upscale residential development designed to provide modern, luxurious living in Ghana’s second-fastest-growing city, Kumasi. With a strategic location right in front of Prempeh I International Airport and world-class amenities, this project is poised to deliver exceptional returns on investment (ROI).
Ghana’s Booming Real Estate Market
Ghana’s real estate industry has seen steady growth over the past decade, driven by urbanization, a rising middle class, and an increasing influx of diaspora investments. According to recent data, the average annual ROI on real estate investments in Ghana ranges between 8% and 12%, with prime locations in Kumasi and Accra offering even higher returns. The demand for high-quality housing continues to surge, making developments like The Kensington Heights a prime choice for investors looking to diversify their investment portfolio from the saturated market in Accra for stability and long-term value.
Why Invest in The Kensington Heights?
Located within West Africa’s biggest smart city, Airport City Kumasi, The Kensington Heights is more than just a residential development; it represents a lifestyle of convenience, luxury, and security in Ghana’s garden city.
It is the ideal location for anyone who roams the world for international travel and business.
Here are key reasons why this project stands out:
Unmatched Location: Situated right in front of Prempeh I International Airport, residents enjoy easy access to both domestic and international travel, making it an attractive choice for business executives, expatriates, and frequent travellers.
High Rental Demand: With Kumasi emerging as a commercial and cultural hub, rental demand is on the rise, ensuring consistent cash flow for property investors. An average 3 to 4-star hotel price ranges from $40 to $150 per night and can be higher during peak seasons. Same, the average price for a two-week vacation rental in Kumasi averages around $655 while the average price for a month’s vacation rental stands at $2,808.
Given the potential advantages of the location – right in front of Prempeh I International Airport, The Kensington Heights could potentially achieve an average annual rental yield of 8 to 10%, or even higher trumping the average annual rental yield of 6% to 8% for apartments in prime areas in Accra.
World-Class Amenities: The Kensington Heights offers premium facilities such as rooftop and ground gardens, infinity swimming pools, green parks, state-of-the-art gyms, yoga centre, business lounges, kids’ playgrounds, strip malls, restaurants and cafes, backup utilities and more enhancing the quality of life for residents.
Appreciation Potential: The Kensington Heights has a forecasted average property appreciation of 5% to 10% per year. However, it’s important to note that these are general estimates and actual appreciation can increase significantly.
Diversification Benefits: Investing in The Kensington Heights provides an excellent hedge against economic volatility and Accra’s market saturation. Data shows that the saturation of apartments in Accra has significantly affected investors’ anticipated rental income – with The Kensington Heights being a novelty in Kumasi and also located right in front of the Prempeh I International Airport, a steady appreciation and rental income is guaranteed for investors.
A Unique Investment Proposition
Unlike traditional investment avenues, The Kensington Heights offers investors an opportunity to own a tangible asset that not only appreciates over time but also generates passive income. Whether you’re an individual looking to secure a second home or an institutional investor seeking high-yield opportunities, this development is a sound choice.
How to Get Started
Investing in The Kensington Heights is a straightforward process. Prospective buyers can visit our Sales Offices in Accra and Kumasi, consult with our experienced sales associates, and explore flexible payment plans tailored to suit various financial needs.
