Cantonments in Accra voted amongst the three most Luxurious Neighbourhoods in Africa (PodBites Ep.40)
According to Estate Intel, Cantonments has been ranked amongst Africa’s most luxurious neighbourhoods, alongside Westlands in Nairobi, Kenya and Ikoyi in Lagos, Nigeria.
Cantonments is certainly one of the most affluent neighbourhoods in Accra. It’s home to popular schools in the city including Morning Star School, which is where I went, and GIS (Ghana International School). It’s also adjacent to Labone, Osu and the famous Oxford Street. It's also surrounded by some top restaurants, bars, hotels and companies in the city including Huawei and PwC which are located at Cantonments City.
Cantonments is also home to many popular residential developments including AU Village, Cantonments city, Embassy Gardens developed by Clifton Homes and many more. You also have a few of the high commissioners residing in Cantonments including The British High Commissioner, H.E Harriet Thompson. Adrian was fortunate to be invited to her private party in Accra in January 2023.
The criteria used to assess these affluent African neighbourhoods included:
- Rental Yields
- Sales Price Appreciation
- Development Pipeline and Expected Completions
- Land Price Appreciation
- Foreign exchange stability
- Construction cost
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Contact Maame at maame@thesoundofaccra.com if you are interested in investing in homes in Cantonments or prime areas of Accra, or if you would like to arrange a consultation on investing in Ghana.
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