The Ghana Property & Lifestyle Expo has seen record attendance and transactions, promoting investment in Ghana’s real estate sector. With projections estimating a market growth to $456.1 billion by 2025 and a steady annual growth rate, the Expo serves as a critical platform for diaspora investors. It highlights the booming property market, urbanization, and increasing demand for affordable housing in Ghana’s growing economy.
The Ghana Property & Lifestyle Expo (GPLE) has reported record attendance and real estate transactions in its recent global series billed as “three continents in three months.” Founded by sisters Anna and Victoria Agyekum, GPLE aims to revolutionize Ghana’s real estate sector and harness its booming investment landscape. Forecasts indicate Ghana’s residential real estate market will reach $456.1 billion by the end of 2025, maintaining a 3.44% annual growth rate until 2029.
The GPLE serves as a secure and transparent avenue for diaspora investment in Ghana. It commenced in Washington, D.C., progressed to London, and concluded in Accra. Diana Afriyie Addo, Head of Trade & Investment at the Ghana High Commission UK and Ireland, highlighted GPLE’s role in providing reliable information, enabling potential investors to engage confidently in the growing real estate market amidst Ghana’s simultaneous property and tourism boom.
Ghana’s economic growth peaked at 7.2% in Q3 of 2024, bolstering demand for affordable housing due to both urbanization and population growth. According to Victoria Agyekum, co-founder of On Point Property Management, the upward trend in residential real estate is bolstered by significant interest from global investors and local stakeholders, positioning Accra as an attractive location for prospective residents and tourists seeking livability and cultural richness.
The GPLE, alongside private sector partners like Access Bank (Ghana) Ltd, strengthens economic growth by enhancing diaspora capacity. The Expo featured prominent speakers, including Keith McMahon MBE and Justice Barima Yaw Kodie Oppong, emphasizing its outreach to a diverse audience.
Anna Agyekum, of On Point Property Management, noted the increasing influx of foreign investors leading to more luxury apartments and gated communities. The high demand for housing, coupled with rental yields between 6% and 10%, suggests sustainable returns on investment, with expectations for continued growth in Ghana’s real estate market over the next five years. The GPLE will return in 2025 with events planned in Washington, D.C., London, and Accra.
The Ghana Property & Lifestyle Expo has been a pivotal event in promoting the Ghanaian real estate market to both local and international investors. Founded in 2015 by sisters Anna and Victoria Agyekum, it has facilitated a platform for sharing essential information regarding investing in Ghana. With projections of substantial growth in the real estate sector, the Expo forms part of broader efforts to stimulate investments and showcase Ghana as a lucrative investment destination amidst a booming property and tourism market.
The GPLE has established itself as a vital resource for facilitating investment in Ghana’s real estate market. By fostering an environment of transparency and offering a platform for attracting global interest, the Expo plays a crucial role in harnessing the country’s economic potential. With ongoing growth trends and increasing demand for housing, real estate ventures in Ghana are likely to yield promising returns for investors. The Expo is set to continue its influence in 2025 with events in multiple international cities.
Original Source: www.ghanaweb.com
