Devtraco Group, a frontline real estate developer in Accra, Ghana, has assured Nigerian investors of high rental yields, averaging 12 percent per annum, and security of their investment in the West African country.
The developer, which recently set its sights on the Nigerian market, is encouraging local investors to diversify their wealth through cross-border property investments in Ghana.
Devtraco Group is a leading real estate developer in Ghana, established in 1993. The company is known for transforming the country’s real estate landscape, focusing on creating sustainable communities.
Devtraco Plus, a subsidiary of the Group, was founded in 2011 to create premium-quality housing units in prime areas of Accra. It focuses on developing signature homes that reflect modern design and functionality.
At a media interactive session in Lagos, the company executives outlined strong rental yields, good return on investment and capital appreciation, robust legal safeguards, strict regulatory compliance, and accessible entry points as definitive features designed to offer a secure offshore real estate alternative for Nigerian investors.
“While turnkey residential properties average 8 percent to 10 percent yield across Ghana, Devtraco projects a conservative average return on investment (ROI) of 12 percent—denominated strictly in US Dollars, not in Cedi,” Ewurabena Braye, the company’s head of sales, stated.
On legal systems and security of investment, Braye assured that Ghana maintains a highly efficient commercial legal system tailored to safeguarding investor capital.
“We have a very strong legal system in Ghana where you can either opt for arbitration or go through the normal legal court system,” she stated, pointing out that commercial disputes in the country are typically resolved within three months to prevent capital tie-ups, while Alternative Dispute Resolution (ADR) and arbitration mechanisms resolve issues within two weeks to a month.
Addressing fears of investment exit, Sandra Mudzimba, the company’s chief sales and marketing officer, stated that Ghanaian law imposes no restrictive exit clauses on foreign capital, assuring that the law allows Nigerian buyers to sell their assets at any time and repatriate funds freely.
“In Ghana, when you buy our property, you can sell at any time, whether you’re a Ghanaian or a foreigner, and you can bring your money back home to Nigeria,” she explained.
In Africa generally, there are concerns regarding socio-political stability, cross-border tensions, and land ownership terms, but Mudzimba stressed that Ghana operates a welcoming environment for Nigerians, noting that foreign land tenure is constitutionally structured under renewable 50-year leasehold terms managed directly by Devtraco.
“Just be rest assured that your property is safe, your people are safe, and we live as one in Ghana,” he added, noting that for lease renewals, “after the 50 years, you just do a renewal with the Lands Commission of Ghana, and the advantage of buying from us is that we do it on your behalf.”
Earlier in his opening remarks, Adedapo Marcaulay, the company’s Country Manager in Nigeria, had explained that the theme of the meeting speaks to a fundamental shift in the way investors are thinking about wealth creation and preservation, noting that, for many Nigerians, real estate has always represented a trusted store of value.
“Today, however, the mindset is increasingly changing, with investors looking for opportunities across borders that offer diversification, strong fundamentals, quality assets, and the potential for long-term asset gain,” he stated.
He emphasized that Ghana, and particularly Accra, presents a compelling proposition within this emerging cross-border investment landscape as, according to him, the city continues to attract business tourism, expatriate activity, and regional investment, creating demand for well-positioned, professionally developed residential and lifestyle properties.
“Our entry into the Nigerian market is therefore not simply about selling property. We want Nigerian investors to have a trusted and structured pathway to participate in Ghana’s premium real estate market, backed by experience, track record, and local knowledge of an established Ghanaian developer,” he explained.
