Archers Group expands frontiers, builds $2.5m View Courts in Ghana
In response to clients’ demand and determination to establish footprints in notable real estate destinations in Africa, Archers Group has expanded its investment frontiers with the development of 101-unit View Courts in Accra, Ghana.
The Ghana project, which is estimated to cost $2.5 million, and consists of three-bedroom and one bedroom fully furnished apartments, is targeted at mid-income buyers. The good news here is that prospective subscribers have option to pay through mortgage or outright payment.
Construction work on the estate commenced in 2016 and it is expected that the project which is following the Ayimensah scheme on which work has been completed will be delivered to market in December this year.
In keeping with a growing trend in the property market, while some of the units have been sold, others are being utilized as short/ long stays to tourists and visitors from all over the world
View Courts boasts top-notch facilities, including automated gate and CCTV surveillance, fitted wardrobes, fitted kitchen cabinets, roads with closed drains, 24-hour power supply and standby support system as well as internet access, treated water and car parking spaces.
Ghana is becoming, increasingly, a compelling real estate destination with regional and global investors finding its property market irresistible. Nigerian investors, particularly, have taken the Ghana market by storm and, according to local property buyers, “houses have become very expensive in the highbrow areas because of Nigerians buying for residence and also for investment”.
So, while Dubai is claiming the real estate podium with some of its hottest properties, which include Palms Jumeirah and Burji Dubai, Accra may just be the next place for patrons and connoisseurs of luxury real estate in West Africa.
With more than 27 years experience, Archers Group had interest in LPG Cooking Gas before expanding to Archers Gas, Oxygen with industrial plants in Lagos and Ilesa, Osun States, Nigeria. Its vast investments now include tourism and real estate, spanning into hundreds of luxury serviced apartments in Accra, Ghana
“We intend to reach out to everyone who desires to own a home and seek to satisfy that need at an affordable rate. Our dream is to turn every area into the next East Legon, airport residential areas, Dubai etc., with requisite facilities and amenities,” Victor Omole, the Group’s CEO, assured.
He revealed that the company was taking full advantage of regional economic integration and the attraction Ghana holds, most especially for Nigerians. ‘’We stay with everyone that buys a house from us. Right from purchase of a home to its maintenance and other essentials, Archers is there for the long haul.”
Omole who was decorated recently with ‘Developer of the Year’ by Ghana Property Awards, believes that the true beauty of Africa is still uncovered and hugely embedded in tourism and real estate, calling on the new government in Ghana to open up some areas for them in terms of accessibilities of lands, roads and necessary cooperation from related stakeholders to ensure affordable housing and infrastructure projects.
He noted that property market in its entirety was more structured, controlled and evolving in Ghana, adding that the mortgage system was more robust as it tended towards the developed world structure giving room for home ownerships.
CHUKA UROKO