Everything you need to know about buying property in Airport Residential Area, Accra.
In Brief
Neighbourhood | Airport Residential Area, Greater Accra |
Known for | Accra’s premier expatriate, diplomatic and executive address |
Distance to Kotoka International Airport | 3–5 minutes by road |
Typical tenant profile | Expatriates, embassy staff, NGO directors and multinational executives |
Typical long-let rental yield | 9–13% gross per annum |
Typical off-plan one-bedroom price | From US$130,000 |
Featured development | Zenwood · No. 37 Senchi Street |
GHS figure converted at GH₵11.81 per US dollar and is indicative at the time of publication.
Airport Residential Area is Accra’s most consistently sought-after residential address. It has become the preferred neighbourhood for expatriates, diplomatic missions, multinational executives and international organisations because of its strategic location, excellent infrastructure and proximity to the city’s most important commercial and lifestyle destinations.
Its close proximity to Kotoka International Airport, Airport City Business District, premium healthcare facilities, international schools and retail centres has created one of Ghana’s strongest residential rental markets. As a result, property values continue to remain resilient while quality apartments experience consistently strong rental demand throughout the year.
What Is Airport Residential Area?
Airport Residential Area is a carefully planned residential neighbourhood located immediately north of Kotoka International Airport in Greater Accra. It borders Cantonments to the west and Roman Ridge to the north, and has developed into one of Ghana’s most prestigious residential addresses.
Wide tree-lined streets, low-rise developments, quality infrastructure, premium restaurants and a peaceful environment distinguish the area from many other parts of Accra. Rather than being driven by trends, Airport Residential has built its reputation on stability, convenience and long-term desirability.
Who Lives Here?
Expatriate professionals on corporate postings, spanning oil and gas, financial services, telecoms and other industries whose employers fund accommodation above market rate, make up a significant share of the tenant pool. Embassy and diplomatic staff on fixed posting cycles add a government-funded, professionally vetted layer of demand.
The neighbourhood is also home to NGO and international organisation staff from agencies including the WHO, the UN and the African Development Bank, as well as aviation professionals who need to be within minutes of Kotoka’s terminal. Each group pays in US dollars, stays for defined durations, and arrives professionally vetted, a combination that gives landlords currency stability, predictable tenancy cycles and low tenant risk, about as close to passive income as Accra real estate gets.
Key Distances
Landmark | Drive Time |
|---|---|
Kotoka International Airport | 3–5 min |
Marina Mall & Accra Mall | 5 min |
Nyaho Medical Centre | 2 min |
Airport Women’s Hospital | 1 min |
Association International School | 3 min |
Airport City Business District | 5 min |
Rental Values
Unit Type | Monthly Rent (Long-Let) |
|---|---|
Studio | GH₵8,000 – GH₵11,000 |
1-Bedroom | GH₵11,810 – GH₵17,715 |
2-Bedroom | GH₵17,000 – GH₵25,000 |
3-Bedroom | GH₵25,000 – GH₵40,000+ |
Indicative market comparables for quality stock compiled by Krafthaus Limited. Actual rents vary by specification and amenity offering.
Gross rental yields on premium one-bedroom apartments run at 9–13% per annum on long-let, and an estimated 20–26% on short-let at sustained occupancy.
Why Airport Residential Holds Its Value
Three factors protect values over the long term.
Land Scarcity
The neighbourhood is bounded and cannot expand, putting a structural floor under both prices and rents.
USD Denomination
Properties are priced and rented in dollars, protecting investors from cedi depreciation.
Gateway City Positioning
Accra is West Africa’s commercial and diplomatic headquarters, and that status drives a permanent, structural demand for the type of housing Airport Residential provides.
Zenwood — A Current Development Opportunity
At No. 37 Senchi Street, Zenwood offers one-bedroom apartments from $130,000 (GH₵1,534,300) off-plan, with a 24-month payment plan. Units start at 54 sqm, designed around the tenant profile Airport Residential consistently attracts. Amenities include a swimming pool, Zen yoga studio, gym, rooftop bar and garden, café lounge, solar power, backup generator, and 24-hour concierge.
Explore Zenwood’s one-bedroom apartments →
+233 55 935 2042
sales@krafthausgh.com
Frequently Asked Questions
Rental yield and capital appreciation estimates are indicative, based on Airport Residential Area market comparables compiled by Krafthaus Limited. This article does not constitute financial or legal advice. Conduct independent due diligence before making any investment decision.
Analysis by Krafthaus Limited (krafthausgh.com) · Accra, Ghana