REAL ESTATE INVESTMENT OPPORTUNITIES IN ACCRA (PART – 1): WHY BUYING LAND IN PRAMPRAM IS ONE OF THE SMARTEST INVESTMENT DECISIONS - AFRICAN CONTINENTAL ENGINEERING & CONSTRUCTION NETWORK

REAL ESTATE INVESTMENT OPPORTUNITIES IN ACCRA (PART – 1): WHY BUYING LAND IN PRAMPRAM IS ONE OF THE SMARTEST INVESTMENT DECISIONS

 

In 2010, we took a client to Prampram by name Mr. Gilbert Kwame Frimpong, a Ghanaian entrepreneur based in the UK, he returned home for Christmas after nearly two decades living abroad. Back then, Prampram was a quiet coastal town, sleepy fishing community with sandy roads, scattered homes and a few local shops et cetera, his childhood friend told him.  

So, to clear all doubts between what his childhood friend told him about Prampram and the real estate investment prospects we were telling him at the time of his visit, he decided to take a weekend to explore the area. But what he saw in 2010 surprised him, new roads were being paved, gated communities were springing up and construction cranes dotted the skyline.

After several conversations to convince him buy just a piece of land, he eventually took a bold decision to invest. He bought two plots of land (70ftx100ft) near the beach for GHS 8,000 each even though he could buy more at the time. Fast forward to 2025, those same plots are now sold around GHS 200,000 each. That is a 25-fold increase in just 15 years. His story is not unique; it is a reflection of a broader trend that is transforming Prampram into one of Ghana’s most promising real estate investment frontiers in Accra.

Strategic Location: The Gateway between Accra and the East

Prampram’s location is its first major advantage. Nestled along the Tema–Aflao coastal highway, it is just 20 minutes drive from the bustling port city of Tema and under an hour from central Accra. This makes it a strategic midpoint between Ghana’s capital city and the eastern corridor, including the Volta Region and Togo. 

The recent upgrade of the Accra–Tema–Aflao highway will soon eased travel time, making Prampram more accessible than ever. For logistics companies, this means faster movement of goods. For residents, it means a peaceful home life without sacrificing access to urban amenities.  A practical case in point is the Dawa Industrial Zone, just 15 minutes from Prampram, has attracted multinational companies setting up logistics hubs and light manufacturing plants. This has created a significant ripple effect, employees are seeking nearby housing and developers are buckling up and racing to meet demand.

 

Development Momentum: Infrastructure That Signals Growth

Government and private sector investments are pouring into Prampram. The Tema Port Expansion Project, which is now one of the largest in West Africa, has increased cargo capacity and created thousands of jobs. The proposed Airport City II in Tema is set to become a commercial and aviation hub, further boosting the area’s potential. 

Now majority of employees working at the Free Zones Enclave in Tema, the Tema Heavy Industrial Area, the Dawa Industrial Zone, the Kpone Energy Hub Industrial Area, the Kpone Kokompe light Industrial, the Commercial Quarry Industrial Enclave along the Afienya stretch etc, now prefers living in modern homes in Prampram, enjoying ocean breezes and a 15-minute drive to work every day. This lifestyle shift is becoming increasingly common making Prampram a real estate investment hotspot for prospective investors.

A New Residential Frontier

Prampram is no longer just a weekend getaway. It is becoming a full-fledged smart and modern residential zone. Gated communities like Ocean View Estates, Blue Horizon Villas, Emerald Estates, Adom City Estate, PS Gobal Estate,  Agazy Homes, Royal Palm Estate, Noble Estate, Sole Lagoon View Estate, Devtraco Estate, TDC affordable Estate etc are offering modern homes with amenities like swimming pools, gyms, recreational centers and 24/7 security. 

Today, Kwame has built a 4-bedroom house on one of the plots he bought from us and relocated back home from the UK. His children attend a new international school nearby and the family enjoys weekend walks on the beach, a lifestyle they couldn’t afford in central Accra.

Land Value Appreciation: The Numbers Don’t Lie

Land in Prampram has appreciated between 25% and 40% annually over the past five years. This is driven by infrastructure, demand and limited supply. Early investors are seeing returns that rival stock market gains, but with the added benefit of tangible, usable assets. Just a couple days ago, a short interview we had with a local real estate broker around the area suggests that clients who bought plots in 2018 for GHS 30,000 are now reselling them for over GHS 100,000. Some have even developed Airbnb properties, generating monthly income while their land continues to appreciate.

Coastal Charm Meets Tourism Potential

Prampram’s beaches are among the most serene in the Greater Accra Region. Unlike the crowded shores of Labadi or Kokrobite, Prampram offers unspoiled stretches of sand, perfect for resorts, beach homes, and leisure developments. A boutique resort, “Palm Breeze Retreat,” opened in 2023 has since become a hotspot for weekenders from Accra and international tourists. The owner, a Ghanaian-American, says occupancy rates average 80% during peak season, a testament to the area’s growing appeal as a real estate investment hotspot.

Industrial Magnetism: The Business Case

With its proximity to Tema industrial zones, the Tema Free Zones, the Tema Heavy Industrial Area, the Dawa Industrial Zone, the Kpone Energy Hub Industrial Area, the Kpone Kokompe light Industrial Area, the Commercial Stone Quarry Industrial Enclave along the Afienya stretch and the Eastern Corridor, Prampram is ideal for warehousing, logistics and light manufacturing as industrial activities expand, land demand and by extension, value continues to soar. These industrial Zones are drawing businesses that need nearby land for expansion and real estate developers to tap into the high residential property demand that it comes with.

Secure, Titled Lands: Peace of Mind for Investors

One of the biggest concerns in Ghana’s land market is litigation. Prampram stands out for offering registered, titled lands with clear documentation. Reputable developers like the Africa Continental Engineering & Construction Network Ltd provide flexible payment plans and legal support, making the land acquisition process smooth and secure. 

It is interesting to note that any time I write about land litigation, which is the biggest fear of every investor particularly the diaspora investors, I always remember the testimony of Madam Ama Afriyie Boateng one of our happily served clients in 2022 who shared a testimonial after acquiring an acre of land in one of our locations in Prampram. Ama’s testimonial and several others by our happy clients can easily found in our Google reviews and website for the information of readers.

Infrastructure That Supports Growth

From paved roads to reliable electricity and water supply, Prampram’s infrastructure is catching up with its ambitions. High-speed internet is now available in many areas, and new schools, hospitals, modern specialists clinics, shopping malls et cetera are emerging. The newly opened Prampram Mall features a supermarket, pharmacy and banking services, all within walking distance for many residents. This kind of development enhances livability and boosts property values.

Affordable Entry, Premium Potential

Compared to neighboring areas like Dawhenya or Tema Community 25, Prampram offers more land for less money. This makes it ideal for first-time buyers, young families, and small-scale investors. For example, those who bought a half plot in 2021 for GHS 25,000. Some have since built 2, 3 and 4-bedroom modern homes and are now planning to expand. Their properties today are already worth nearly double what they paid.

Vision of a Coastal Smart City

Urban planners envision Prampram as a smart, eco-friendly coastal city. With flat terrain, scenic views and ample space, it is ideal for sustainable development. Think solar-powered homes, green parks and integrated transport systems. The Ghana Infrastructure Investment Fund has expressed interest in supporting smart city initiatives in emerging towns like Prampram. If this is realized, it could position Prampram as a model for future urban planning in West Africa.

Quality of Life: Peace, Community and Opportunity

Prampram offers a slower pace of life without sacrificing modern comforts. It is a place where children can play safely with almost zero crime rate and the ocean is always nearby. On a typical Saturday, residents gather at the local farmers’ market, attend community events, or enjoy beachside barbecues. It is a lifestyle that blends tradition with modernity and it is attracting Ghanaians from all walks of life including multinational tourists.

High Rental Yields and Airbnb Potential

With rising tourism and business travel, short-term rentals in Prampram are booming. Properties listed on Airbnb are seeing high occupancy rates, especially during holidays and festivals. A three-bedroom beachfront home listed on Airbnb earns its owner over GHS 6,000 per month during peak season. With minimal overheads and high demand, the return on investment is impressive.

Final Thoughts: The Time to Act Is Now

Prampram is no longer a hidden gem, it is a rising star. Whether you are an investor, a first-time buyer, or a returning Ghanaian looking to build a legacy home, the opportunity is clear. Land is still affordable, but prices are climbing fast. The infrastructure is improving, the economy is expanding and the community is thriving. Do not wait for the boom, be part of it. 

But in taking this investment decision, do remember that the Africa Continental Engineering & Construction Network Ltd still remains your number and leading real estate service provider in Ghana and across Africa, our services include but not limited to; property sales and marketing, property development, and management, investment & advisory, valuation, land administration, planning, corporate services, research, construction, technology, legal support, training etc. For all real estate services, we have you covered 360ºC.

References

• • Centre for International Maritime Affairs Ghana. (2023). The impact of the Tema Port expansion on Ghana’s economy. CIMAG. https://cimaghana.org/publications-and-media-relations/the-impact-of-the-tema-port-expansion-on-ghanas-economy

  • Ministry of Roads & Highways. (2024). Tema–Aflao Road Phase 1 progresses steadily. Government of Ghana. https://mrh.gov.gh/tema-aflao-road-phase-1-progresses-steadily/

  • Enmaa Ghana. (2023). Understanding property valuation and pricing trends in Accra. https://enmaa-gh.com/understanding-property-valuation-and-pricing-trends-in-accra/

  • Enmaa Ghana. (2023). The growth of Airbnb in Ghana: Opportunities and challenges. https://enmaa-gh.com/the-growth-of-airbnb-in-ghana-opportunities-and-challenges/

  • Ana Arkutu Consult. (2025). 5 lucrative real estate investment strategies in Ghana. https://anaarkutu.com/5-lucrative-real-estate-investment-strategies/

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About Author

Daniel Kontie is a young enthusiastic Ghanaian entrepreneur, the Executive Chairman of the Africa Infrastructure Group; the Group comprises the Africa Continental Engineering & Construction Network Ltd, the Falcon 48 Developers, the Africa Infrastructure Energy Ltd and the Africa Land Banking Investment Ltd. All these are young establishments disrupting the conventional way of brand building across the globe. Daniel is a columnist, a writer and a member of the Built Environment Writers Association of Ghana. He can be contacted via the contacts: +233209032280 / +233209032280. Email Address: d.kontie@acecnltd.com. Website: https://www.acecnltd.com/