A real estate development firm, Devtraco Group, has called on investors to diversify their portfolios, unlock new opportunities and build wealth through cross-border real estate investment.
The firm said rental yields in prime locations average between eight and 12 per cent annually for residential properties, while sustained demand for premium apartments makes cross-border property investment a potentially attractive and disciplined investment option.
Speaking to journalists in Lagos, the Development Director of Devtraco Group, Mr Sidney Quaye, said cross-border investment provides an opportunity for investors to spread risk, preserve value and participate in the growth of another market.
He said the firm was extending investment opportunities to Nigerians and other investors in the West African region through residential and commercial developments built to international standards and constructed with quality materials.
The company’s Head of Sales, Ewurabena Braye, said its developments have a signature style and are designed to be timeless, with each project featuring materials and craftsmanship that reflect the company’s commitment to artistry and quality.
She said through developments such as The Address, Arlo Cantonments and The Pelican, Nigerian investors can acquire properties in some of Accra’s sought-after districts and neighbourhoods, characterised by smart features, diplomatic presence, strong rental demand and potential for sustained capital appreciation.
Braye said Ghana’s strong legal framework also provides an avenue for the faster resolution of disputes that may arise from property transactions, adding that the system allows the use of alternative dispute resolution mechanisms to settle property-related disputes.
She said the company issues monthly construction updates to promote transparency and enable investors, particularly those buying off-plan properties, to track progress at various stages of development.
Braye added that the properties comprise studios, one-, two- and three-bedroom apartments and penthouses, supported by essential amenities, structured payment plans and mortgage options.
The Chief Sales/Marketing Officer, Sandra Mudzimba, said cross-border property investment could strengthen economic and investment ties between Nigeria and Ghana, which already share significant cultural and commercial connections.
She said Ghana offers an attractive combination of political stability, accessibility, an established legal environment and growing international interest. The country is also home to the African Continental Free Trade Area (AfCFTA) Secretariat, placing it at the centre of an increasingly integrated African marketplace.
“We have seen African investors travel to destinations such as Dubai and successfully combine business, leisure and property investment. This means there is an opportunity to begin looking at neighbouring African markets with that same investment mindset,” she said.
Mudzimba said the credibility and track record of the developer were fundamental considerations for investors, noting that Devtraco Group has 33 years of development experience in Ghana and has delivered approximately 1,800 homes.
“We are therefore not in Nigeria simply to sell property. We are here to give Nigeria’s investors credible access to the Ghanaian real estate market through a developer that understands that market and has a demonstrated history of delivery,” she stressed.
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