Premium Homes Magazine-Africa (PHMAFRICA.COM)

PHMAFRICA.COM

GHANA EDITION

may - aug issue

Ghana Listings Ghana’s leading properties

SAINT-GOBAIN

Featured Development

Africa Listings A touch of Green Brighten up your day

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@RIVIERA RESIDENCE

WATERFRONT STUDIOS & APARTMENT @Riviera Residence is a unique mixed use residential development encompassing an allinclusive city living lifestyle. Offering living, dining, shopping, wellness, play and leisure experience whilst nestled in a magnificent lakeside setting.

Located in the thriving suburb of East Legon, which is fast becoming the new Jewel of Accra. @Riviera Residence offers unbeatable value for money designer style lakeside apartments in Accra consisting of Studios, 1 Bedroom, 2 Bedroom and 3 Bedroom units as well as 4 Penthouses with lake side views seen through high ceiling to floor windows and splendid balconies.

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LOOKING INTO THE FUTURE OF

Innovation is part of Saint-Gobain’s DNA. As be at the forefront of product development, o sold today did not exist in the last five years.

For 350 years, Saint-Gobain has consistently up technological challenges. Saint-Gobain ha behind the scenes, as our products play a key each of us and a better future for all.

Saint-Gobain materials and solutions can be f spaces and our daily lives: in buildings, transp industrial applications. They provide comfort, addressing the challenges of sustainable con and climate change.

20 14 54 6 | CONTENTS

With Africa emerging as the world’s fastest d experiencing a significant urbanisation, Saintthis publication, the Group proudly presents i solutions that will contribute to the developm

IN THIS ISSUE

Innovative Solutions, to shape the future of Africa

FEATURES 8 Editors Suite Welcome to the May - August edition of Premium Homes Magazine Africa, Premium Homes magazine is the premier publication for.....

Ghana Listings 33 Premium Homes offer a compilation of numerous residential flats/apartments and commercial spaces in Ghana. Whatever your ...

Art Digest 9 There hasn’t been shortage of people who have spoken about the need for African Unity. therefore captured in this abstract piece the gathering of african leaders to discuss one ...

Real Estate Investments in Ghana 50 One of the fastest growing sectors in the Ghanaian economy is the Real Estate industry.

In fact this is not strange to industry analyst especially as the World Bank’s Global Economic ...

Africa listings 51 A collection of residential flats/apartments and commercial spaces in Africa. Whatever your requirement, we have....

Top Tech Pick for homes 11 Amazon Echo is a hands-free speaker you control with your voice. Echo connects to the Alexa Voice Service to play music, provide information, news, sports scores, weather, and more...

Lifestyle; A touch of Green 14 Sometimes in life when you are feeling down, all you need is a touch of green to brighten up your day.There are many advantages to growing a plant in your home. Plants help liven up your ...

Featured Development 21 Innovation is part of Saint-Gobain’s DNA. As an indication of its commitment to be at the forefront of product development, one in four Saint-Gobain products sold today did not exist in the last 5...

ON THE COVER Saint-Gobain supports the development of sub-Saharan Africa by providing a range of solutions and services tailored to local demand. The Group aims to be a driver in the development of the local fabric through the services and solutions it delivers to improve living comfort for the greatest number of people.

By creating local employment, by offering training, through industrial partnerships and through the actions it implements to support the development of local communities SaintGobain is committed to broadening horizons.

The Real Estate Boom and Accra’s new Poor 59 The city is changing very quickly. Old structures are tumbling and modern high rise buildings are taking their place. A friend recently remarked, ...

www.saint-gobain-africa.com

(DISCLAIMER &COPYRIGHT) READERS PLEASE NOTE: Some properties will be actually priced in foreign currency and subject to exchange fluctuation. The descriptions of properties, the content, whereabouts and price are given in this magazine as a guide only. Please request futher details from advertiser as required. The publisher suggests all buyers of property seek independent legal advice before entering into any contract to purchase. Supplied editorial material cannot be returned.©Cover - Saint-Gobain

SUBSCRIPTIONS & ADVERTISEMENT Premium Homes Magazines T. +233 247 656 912 / +233 209 384 711 E. info@premiumhomesmagazine.com E.kwekumatthew@premiumhomesmagazine.com

PROPERTIES

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EDITORS SUITE Hello, and welcome to our May – August Issue of the Premium Homes Magazine Africa.

Premium Homes magazine is the premier publication for home buyers, developers and input suppliers searching for exquisite, tasteful and characterful properties. Premium Homes Magazine those not only features extraordinary houses, apartments and developments, but also highlights the latest lifestyle trends in real estate architecture, lighting, decor, security and much more.

Today, Real estate is one of the most exciting emerging trends in the country. In this Issue, you will discover all the different aspects of the industry, from the technological advancements in construction to simple ways to brighten your home and everything else in-between.

Our articles for this Issue are The real estate boom and Accra’s new poor, Real Estate Investments in Ghana, A Touch of Green.

Within these pages, you will find a trove of information. We delve into importance of Green in your Décor. we provide you with opportunity to find the most attractive and desirable homes and apartments and also guide to both premium and up-and-coming locations across West Africa. Our strategy is to provide you, our dear readers, with information about the industry from every facet and every angle, to help you make informed decision when you move onto the Real Estate market.

Thank you for taking the time to read Premium Homes Magazine Africa, we wish you a best of luck in finding your dream home, lifestyle and calm; it may just be a few page flips away Grab a copy, make yourself comfortable, and join us on an extraordinary and rewarding journey.

Here’s to an exciting and inspiring 2017!

Matthew Kweku. M. Arkutu Editor-in-Chief FIND ALL OUR LATEST LISTINGS, REAL ESTATE NEWS, AND A DIGITAL VERSION OF THIS MAGAZINE AT WWW.PHMAFRICA.COM

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@PHMAFRIKA

it

@PHMAFRICA

ART DIGEST

Our pick of the new and need-to-know in arts, culture, fashion and luxe living

UNITY CONFERENCE There hasn’t been shortage of people who have spoken about the need for African Unity...I therefore captured in this abstract piece the gathering of african leaders to discuss one United front for the continent. In the area of economics , security..etc Art & Statement by Mawuko Arkutu, Tel.:+233 (0)24 467 0865 / (0)20 272 7035, Email: emarkutu@yahoo.com PREMIUM HOMES MAGAZINE | 9

ART DIGEST

Afrik Fashion Week Debutsinin arts, New York City! fashion and luxe living Our pick of the new and need-to-know culture,

MAJOR HEADLINES Infact stepping into the shoes of a journalist...i captured in this art work News that made Headlines for long period of time in both the print media and on radio...from the year 2000 to 2012. I believe those headlines to a large extent brought us together as one people.

Art & Statement by Mawuko Arkutu, Tel.:+233 (0)24 467 0865 / (0)20 272 7035, Email: emarkutu@yahoo.com 10 | ART DIGEST

LG 21:9 Curved UltraWide Monitor Whether it’s for work or for play, see the bigger picture with stunning 21:9 UltraWide® monitors from LG. Boasting immersive viewing and crystal-clear HD, these state-of-the-art UltraWide monitors are designed for professionals, gamers and everyone in between.

Samsung Family Hub French Door Refrigerator The tech giant’s latest high-end fridge will let you peek inside it while grocery shopping, search for recipes on its 21.5-inch touch display, and even mirror content from your TV. And yes, it will also keep your food cool!

The Wave Dishwasher

TOP TECH

PICK FOR

HOMES

This dishwasher beautifully designed by Guilherme Parolin makes the action of washing dishes a piece of cake thanks to its user friendly control panel. Its front fluid contours features a user-friendly control panel made to naturally guide you into a logical sequence of actions.

Shark’s Rocket Complete Vacuum The Shark® Rocket® Complete with DuoClean™ Technology has the power of two distinct brushrolls spinning in unison to remove dirt from carpets and bare floors of every type.

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Amazon Echo Dot

Samsung 4.8 Cubic Feet HighEfficiency Top-Loading Washer This futuristic, yet affordable, washer has 11 washing cycles ranging from normal, heavy-duty, permanent press, bedding, activewear, waterproof , delicates, and more.

Amazon Echo is a hands-free speaker you control with your voice. Echo connects to the Alexa Voice Service to play music, provide information, news, sports scores, weather, and more—instantly. All you have to do is ask.

Cuisinart Perfect Temp 14-Cup Programmable Coffeemaker

TOP TECH

PICK FOR

HOMES 12 | TECHNOLOGY

Omega Juicers Cube300s Extract fresh juice from fruits, vegetables and leafy greens! Create nut butters, nut milks like almond milk or soy milk, and baby food, extrude pastas, make fruit sorbets or even use it as a grinder for coffee beans and herbs.

One of the best selling coffeemakers from Cuisinart, you can program this beauty 24 hours ahead of time, relax with the self-cleaning feature, and ease your mind with the auto shut-off option..

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A TOUCH OF

GREEN Written by Mariyam Asima

14 | LIFESTYLE

Sometimes in life when you are feeling down, all you need is a touch of green to brighten up your day.There are many advantages to growing a plant in your home.

Plants help liven up your rooms and releases oxygen, which helps clean out toxins in the air. They also help balance out the humidity levels and filter germs from the air.

Think of the plants as natures air filter providing you and your family with breathable fresh air.

Growing plants in your home have other advantages too. Plants such as aloe-vera have medicinal properties, and a small herb garden in your home can bring beautiful new flavors to your cooking. Growing plants such as lavender or mint also helps keeps your home smelling fresh and promotes a sense of well-being.For those born without a green thumb, here are a few tips on how to keep your plants alive and flourishing:

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Most plants tend to thrive in location that receives a lot of sunlight and is warm throughout the day. Balconies, windows sills or shelves near windows work best.

But do not despair if you don’t have a sunny window handy; grow lights are the answer to your conundrum.

They help maintain optimal light and temperature conditions for plants regardless of out-side weather or indoor conditions Some plants require well-draining soil. You will either need a pot with holes in the bottom or pile up some stones in the bottom of your pot before adding soil (so that the water can drain through the stones). If you go for one with holes, makes sure to put a shallow drainage container under the pot so the water does

16 | LIFESTYLE

not drain onto your floor, shelf, or windowsill.

Find out what kind of care your plant will need when you are buying it. Some plants need to be watered twice a day while others once in two days. Also make sure to purchase any potting mix or fertilizer your plant needs (you can also make these home if you want to go organic route).

If all else fails, and your green thumb just isn’t working, then get a cactus. Cactus and some others like the jade plant don’t need a lot of attention but thrives as long as it get enough sunlight and you remember to water it once in a while.

Add a Touch of Green Now!!

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FEATURED DEVELOPMENT

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Create great living places and improve daily life for Africa About Saint-Gobain Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the wellbeing of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications.

They provide comfort, performance and safety while addressing the challenges of sustainable construction, resource efficiency and climate change.

In sub-Saharan Africa, Saint-Gobain supports the development of the region by providing a range of solutions and services tailored to local demand.

The Group aims to be a driver in the development of the local fabric through the services and solutions it delivers to improve living comfort for the greatest number of people.

By creating local employment, by offering training, through industrial partnerships and through the actions it implements to support the development of local communities, Saint-Gobain is committed to broadening horizons.

In 2014, Saint-Gobain created a trade office in Accra. In 2015, the Group opened a new admixture manufacturing plant.

The plant is situated at Tema Community near the main shipping harbour. It aims to capitalise on the growing markets for real estate, infrastructure development and construction while supporting the President’s campaign in patronizing made in Ghana goods.

makes a real difference to your quality of life – as well as reducing your energy bills.

Optimizing Daily Comfort

• Thermal • Acoustic • Visual (aesthetic, with optimised use of natural light) • Air quality and • Security and modular (to adapt to changing needs)

We typically spend 90% of our time inside. The buildings we live, work and play in have a huge potential effect on our health and overall sense of comfort. But how often do we pause to consider how they actually perform?

In buildings, access to natural light, fresh air and outside views has been shown to make people feel more energetic and inspired. This typically results in higher test scores at school, better productivity at work and faster healing times in hospitals. In medical environments, less noise has been shown to reduce blood pressure and stress levels, leading to better sleep patterns and even reducing the need for pain medication.

As a homeowner, you can use SAINTGOBAIN MULTICOMFORT principles to create spaces that work for you and the way you live your life. A living and breathing healthy home that helps to protect your family’s wellbeing and

Designed to minimise environmental i m p a c t s , t h e S A I N T- G O B A I N MULTICOMFORT programme focuses on five types of comfort:

In addition to being good for You, the principles developed by Saint-Gobain help protect the environment too.

Contact our Teams Kapito Westtar

2nd Floor Dahoma Place 21 Spintex Road ACCRA, GHANA Tel: +233243200700 Email: Westtar.kapito@saint-gobain.com

Akai Stan

2nd Floor Dahoma Place, 21 Spintex Road ACCRA, GHANA Tel: +233 (0) 302 81 49 25 Mobile: +233 54 (0)54 0123003 Email: stan.akai@saint-gobain.com www.saint-gobain-africa.com

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With Africa emerging as the world’s fastest developing continent, and experiencing a significant urbanisation, Saint-Gobain has a key role to play. The following pages present the Group’s wide portfolio of brands and solutions that will contribute to the development of Ghana and shape its future.

Visit us on www.saint-gobain-africa.com

24 | FEATURED DEVELOPMENT

THERMAL AND ACOUSTIC INSULATION SOLUTIONS MANUFACTURER THAT SUPPORTS THE DESIGN OF ENERGY-EFFICIENT CONSTRUCTION. PRODUCT RANGE • Glasswool: an environmentally-friendly, stable and sustainable insulation material made from a combination of naturally occurring minerals, fluxing agents and up to 80% recycled glass. Available in rolls and batts.

• Ultimate: a new-generation, non-combustible mineral wool with excellent thermal performance for high temperature applications in the industrial and technical markets. Available in rolls and batts.

• Sagex EPS: of lightweight, high-compressive strength and water-resistant insulation solutions for use in industrial, commercial and residential applications.

APPLICATIONS • Residential insulation: flat roof, ceiling, air-conditioning (HVAC), internal walls, under-slab insulation and foundations.

• Non-residential insulation: metal buildings, roofing, air-conditioning (HVAC), suspended ceilings, walls, floors and foundations.

• Technical insulation: industry insulation, high temperature insulation and ventilation.

Environment: Use of Life Cycle Assessments (LCAs); Environmental Product Declarations (EPDs) verified by an independent third party.

Thermal comfort: High R-value (thermal resistance) and low thermal conductivity solutions.

Acoustic comfort: Top performance in the sound insulation of adjacent rooms by combining optimum acoustic protection.

Fire safety: Isover’s Glasswool and Ultimate products are noncombustible with the highest local fire rating classification.

They do not produce any toxic fumes in the event of fire, providing vital time for occupants to evacuate a building on fire.

DUCTWRAP (HVAC) AEROLITE – Glasswool thermal and acoustic ceiling insulation

87 000 m2 of Isover DUCTWRAP; 74 000 m2 of Isover FACTORYLITE Mall of Africa – Johannesburg, South Africa

BENEFITS

Possibility to combine Saint-Gobain Gyproc’s Gypsum boards with Saint-Gobain Isover’s insulation.

www.saint-gobain-africa.com/en Tel: +233 54 012 3003 /+233 24 320 0700 Industrial insulation PREMIUM HOMES MAGAZINE | 25

MANUFACTURER OF FIBRE-CEMENT SOLUTIONS WITH AN ALTERNATIVE TECHNOLOGY CALLED CRFS (CEMENT REINFORCED WITH SYNTHETIC FIBRE), REPLACING ASBESTOS. PRODUCT RANGE Fibre-cement roof sheets: Fibrotex tile; Ondulada tile; TopComfort tile; Translucent tile.

BENEFITS Fibrotex and Ondulada tiles • Flexible: Best finishing with perfect plugins.

• Durable: Resists heat, combustion and organic chemical agents and corrosion.

• Practical: Complete line of complementary parts.

Fibre-cement boards: For outdoor (external walls, facades, sidings, platbands, eaves) and indoor applications (internal walls, covering, wettable areas, ducts and shafts).

TopComfort tile • Thermal comfort: A thermal fibre-cement reducing internal temperature up to 4°C. • Durable: Composed of an outer layer of white cement and titanium dioxide.

• Aesthetically pleasing: White coloured tile.

• Practical: Complete line of complementary parts made of fibre-cement.

• Sustainability: The product contributes to the LEED SRI score = 91.

Translucent tile • Excellent illumination: Enables up to 70% of the light falling upon the roof to enter.

• Durable and recyclable: Made of polypropylene.

• Light: Easy to install.

• Aesthetically pleasing: Does not yellow.

FIBRE-CEMENT BOARD

Fibre-cement board • Durable and resistant to impacts and moisture.

• Fire-resistant.

• Flexible: Can also be used on curved surfaces.

• Provides thermal and acoustic insulation.

www.saint-gobain-africa.com/en

Tel: +233 54 012 3003 /+233 24 320 0700

26 | FEATURED DEVELOPMENT

ONDULADA TILE

MANUFACTURER OF SOUND-ABSORBING ACOUSTIC CEILINGS, FREE-HANGING UNITS AND WALL PANEL SYSTEMS. PRODUCT RANGE • Modular ceilings.

• Vertical applications.

• Grid and accessories.

APPLICATIONS

BENEFITS

• Educational premises.

• Healthcare facilities.

• Leisure: hospitality, restaurants and retail.

• Indoor sporting facilities.

• Acoustic solutions for Thermally Activated Building System (TABS).

Acoustic comfort: Products have an impact on sound strength, sound propagation, sound clarity and reverberation, thereby contributing to improved listening comfort and speech clarity.

Aesthetic: A variety of design options are available, ranging from modular ceilings with shapes and sizes.

ECOPHON AKUSTO™

ECOPHON SOLO™ South Africa

ECOPHON SOLO™ & ECOPHON GEDINA Green Building Council South Africa

Sustainability: A recycled glass content of more than 70%; surfaced with safe water- based paints; contains no anti-microbial chemicals.

Environmental product declarations (EPDs) verified by an independent third party.

www.saint-gobain-africa.com/en Tel: +233 54 012 3003 /+233 24 320 0700 PREMIUM HOMES MAGAZINE | 27

LOGO

MORTAR MANUFACTURER OFFERING A COMPLETE RANGE OF SOLUTIONS: TILE ADHESIVES, PRIMERS, GROUTS, CEMENTITIOUS FLOOR FINISHES AND ETICS

PRODUCT RANGE A full range of building, construction and renovation solutions: • Solutions for façade and external wall thermal insulation (ETICS).

• Solutions for fixing tiles and natural stones.

• Flooring solutions: mineral-based products and systems.

• Technical mortar solutions.

• Masonry and plastering mortars.

• Admixtures and concrete related products • Waterproofing solutions

BENEFITS Relevant services: Resulting from an innovation process that closely involves customers in quality and competitiveness.

Ease of use.

Adhesives suitable for most applications

World-class flooring solutions

Active insulation prevents heat flow.

Reduces energy consumption and CO emissions.

Prevents mould growth.

Eliminates thermal bridges.

www.saint-gobain-africa.com/en Tel: +233 24 320 0871 28 | FEATURED DEVELOPMENT

Over 30 000m2 of Weber ETICS cladding were used in Mall of Africa – Johannesburg, South Africa

GLASS FOR SUSTAINABLE HABITAT BY SAINT-GOBAIN GLASS: MANUFACTURER AND DISTRIBUTOR OF GLASS SOLUTIONS TO THE ARCHITECTURAL, CONSTRUCTION, BUILDING MAINTENANCE, DOOR, WINDOW AND REPAIR SECTORS. PRODUCT RANGE Saint-Gobain Glass specialises in float glass manufacture and magnetron-coated glass. Some examples include: • SGG COOL-LITE XTREME and SGG COOL-LITE SKN II: high selective solar control and low-E glass for façade applications.

• SGG BIOCLEAN: a dual-action self-cleaning glass harnessing the power of accumulates on the outside of windows.

• SGG STADIP or SGG STADIP PROTECT: laminated safety and security glass, including bullet-proof, anti-blast and fire-rated glass.

• SGG PLANISTAR SUN and SGG PLANITHERM 4S: improved thermal insulation along with solar control with a very good neutrality required in housing. Ideally suited for use in homes with large areas of glazing and south- or west-facing windows.

APPLICATIONS

BENEFITS

• Architectural glass (façade): light glazing; anti-reflective glass; easy maintenance glazing; acoustics glazing; smart glazing.

• For the home: conservatories and glass roofs; house windows; external fittings (glass doors, guarding, balustrades and balcony partitions).

• Interior glazing: kitchens and bathrooms (bathroom mirrors, glass tiles and splash backs, wall cladding, furniture, shower screens); living rooms and working spaces (picture frame, wall covering, doors and partitions, furniture items, mirrors); public spaces (elevators, wall panels, shop front, floors, stairs treads).

Solar control and thermal comfort: Reduces the need for heating or air-conditioning.

Acoustic comfort: The acoustic glass within a double-glazed unit comprises a special interlayer, which acts as a dampening core to prevent sound frequencies from vibrating from one pane of glass to the other.

© Varvaki Architects

Indoor air quality: Glass is an inert material. No emissions are released in the air.

7 600 m2 of SGG COOL-LITE KNT 755 and SGG DIAMANT, Kigali Heights – Kigali, Rwanda

Sustainability: Glass is a 100% material.

SGG

PLANITHERM 4S

PROJECTS IN AFRICA Escape – Dakar, Senegal: SGG PLANITHERM 4S® and STADIP SILENCE Le Mac – Nairobi, Kenya: 10 000 m2 of SGG BIOCLEAN+ Mall of Africa – Johannesburg, South Africa: 4 000 m2 of SGG COOL-LITE SKN 154 II

www.saint-gobain-africa.com/en Tel: +233 50 040 8717/+234 816 891 9209 PREMIUM HOMES MAGAZINE | 29

MANUFACTURER OF GYPSUM-BASED PLASTERS, CEILING SYSTEMS AND INTERIOR WALLING SYSTEMS FOR ALL SECTORS OF THE CONSTRUCTION INDUSTRY. PRODUCT RANGE

BENEFITS Thermal comfort for all seasons Fire protection: Gyproc FIRESTOP can slow down the spread of flames for up to 120 minutes.

• Plasterboard: gypsum-based board used for walls and ceilings.

• Ceiling tiles: gypsum-based and mineral fibre ceiling tiles.

• Steel: stud and track drywall structures, cross and main tee ceiling grid, drywall and ceiling accessories.

• Plaster: extensive range of smoothing and levelling plasters.

APPLICATIONS hospitality, healthcare, retail, and leisure sectors; industrial sector.

Moisture resistance: Gyproc MOISTURERESISTANT delivers water absorption of <5%.

Acoustic comfort: Gyproc SOUNDBLOC absorbs up to 81dB, compared to traditional masonry (49dB).

Indoor air quality: The technology ACTIV’AIR®, added to Gyproc plasterboards, plaster and ceiling products, absorbs 70% of formaldehyde for up to 50 years.

HABITO - High Strength Drywall

RHINOBOARD Ceilings and Walls and RHINOLITE Plaster Houghton Golf Estate - Johannesburg, South Africa

Mechanical resistance: Gyproc DURALINE, a costdrywall with a high-density core.

Aesthetic standard and freedom in design

Gyproc Ceiling and Walling Systems use Isover insulation solutions with a SpecSure System Performance Warranty.

www.saint-gobain-africa.com/en

Tel: +233 54 012 3003 / +233 24 320 0700 30 | FEATURED DEVELOPMENT

STAND 47 - A performing model home built almost entirely with Gyproc solutions - Johannesburg, South Africa

PIPES & DRAINAGE | THERMAL INSULATIONS | ACOUSTIC CEILINGS | PARTITIONS | WALLBOARD | ACOUSTIC & FIRE RATED DOORSETS | SIDING | ROOFING | MORTARS | FACADES | WALL COVERING | GLASS & GLAZING | EXTERNAL WALL INSULATION

OFFICES IN GHANA 2ND FLOOR DAHOMA PLACE, 21 SPINTEX ROAD Tel: +233 (0) 302 81 49 25 ACCRA KAPITO WESTTAR (ANGLOPHONE WEST AFRICA) 2ND FLOOR DAHOMA PLACE 21 SPINTEX ROAD ACCRA TEL: +233243200700 EMAIL: WESTTAR.KAPITO@SAINT-GOBAIN.COM AKAI STAN 2ND FLOOR DAHOMA PLACE, 21 SPINTEX ROAD ACCRA TEL: +233 (0) 302 81 49 25 MOBILE: +233 54 (0)54 0123003 EMAIL: STAN.AKAI@SAINT-GOBAIN.COM,

OFFICE IN IVORY COAST BOULEVARD DE LA REPUBLIQUE IMMEUBLE XL LE PLATEAU Tel: +225 753 111 34 ABIDJAN

OFFICE IN KENYA 83 MUTHITHI ROAD 1ST FLOOR CLASSIC IRONMONGERS WESTLANDS Tel: +254 734 747 591 NAIROBI

SAINT-GOBAIN SUB-SAHARAN AFRICA DELEGATION IN SOUTH AFRICA NO. 1 SHALE ROAD, N1 BUSINESS PARK OLD JOHANNESBURG AND TLOKWA ROADS KOSMOSDAL - EXT. 7 Tel: +27 12 657 2800 SAMRAND â&#x20AC;&#x201C; CENTURION WWW.SAINT-GOBAIN-AFRICA.COM

PREMIUM HOMES MAGAZINE | 31

Accra: Olusegun Obasanjo Way, Dzorwulu Traffic Light.

Tel: +233 50 128 1014 / +233 50 128 0994 / +233 50152 9344 J.A Plantpool 32 | PREMIUM HOMES MAGAZINE

J.A plant Pool Gh Ltd

Kumasi: Off Offinso Road, Kodie Tel: +233 50 128 1011/ +233 50 128 0998? +233 20 050 1818

japlantpoolghltd

@jappgh

www.japlantpoolgh.com

GHANA LISTINGS

PREMIUM HOMES MAGAZINE | 33

GHANA

A P A R T M E N T S The Colosseum Apartments is an impressive residential complex of 22 three bedroom spacious apartments, with maidâ&#x20AC;&#x2122;s room.

Ideally located on a quiet street in Kanda, within a five minutes radius of the main business centres, schools, shopping malls and the bourgeoning Osu entertainment district, The Colosseum offers a range of amenities for residentsâ&#x20AC;&#x2122; comfort and security.

Property Features: Each apartment is fully fitted with top of the range imported fitting and fixtures.The layout is well conceived with ample living spaces and beautiful terraces.

Fully fitted kitchens with appliances Beautiful sanitary ware with cabinets and vanity mirrors Fitted wardrobes to all bedrooms Communal amenities include: 24/7 security Reception and concierge services State of the art gym On-site management office Ample underground parking Back up power and water supply Swimming pool with sun deck Equipped roof top terrace with barbeque area The Colosseum Apartments, a perfect investment solutions, a great living experience!

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NOW SELLING & RENTING Visit our beautiful show flat

T: +233 540 122 800 + 233 547 868 88 E: info@colosseumapartments.com W: www.colosseumapartments.com

PREMIUM HOMES MAGAZINE | 35

GHANA

@ Riviera Residence

Under Construction

@ Riviera Residence is a unique mixed use residential development encompassing an all-inclusive city living lifestyle. Offering living, dining, shopping, wellness, play and leisure experience whilst nestled in a magnificent lakeside setting.

This five story development boasts; • Ample covered parking • Landscaped private waterfront promenade • 4 Storey high infinity swimming pool • Clubhouses • Fitness centre • Secure and Private children’s play area • Internal piazza area with Restaurants overlooking the lake • Convenience shopping • Backup water reservoir • Back-up generator • 24 hour security.

PRICE UPON REQUEST

ENQUIRIES Lifestyle Property Development L. 14 Boundry Road, East Legon, Accra E. sales@lifestylepd.com T.+233 27 777 0333 W. www.lifestylepropertydevelopment.com 36 | HOME LISTINGS GHANA

Studio, one, two and three bedroom apartments available for rent at competitive rates starting from US$130/night, all inclusive.

GHANA

Akka Kappa Property Solutions offers to its clients the most comprehensive real estate services. From commercial to residential properties for sale and for rent all the way to short term lettings in the most exclusive and fully equipped residential developments in Accra.

Office: 38, Nortei Ababio Street Airport Residential Area Accra, Ghana +233 540 122 800 info@akkakappaghana.com

PREMIUM HOMES MAGAZINE | 37

GHANA

If you are looking for a spacious and nicely furnished apartment in a luxury residential development which offers the best communal facilities for your leisure and comfort, this 4 bedroom apartment is the perfect fit for you and for your family. This beautiful apartment is fully air conditioned and features: Fully fitted Kitchen with quality appliances En-suite maid’s room with bathroom Large living and dining area with balcony Powder room En-suite master bedroom with shower/bathtub Three en-suite bedrooms Nothing has been spared to ensure Residents enjoy an excellent stay.

0540 122 800

· · · · · · · ·

24/7 security services On-site Management office Back up power and water supply Underground parking Large swimming pool with children pool Sun deck and club house Fully equipped gym Underground parking

Renting at US$5,500/month *inclusive of service charges

38 | PREMIUM HOMES MAGAZINE

GHANA

GACC office complex

0540 122 800

Convenience, Security, Accessibility and Luxury is the prime offer of the beautiful GACC office complex. With over 10,000sqm of modifiable spaces, the GACC is your sure bet to an address that suits any office needs.

Modern, energy efficient and with the highest quality grade finishing, this multi-tenant office complex offers various model solutions starting from 30m2 and above.

Located at the Kotoka International Airport, this project offers close interactions with cities best businesses and an incredible view of the Accraâ&#x20AC;&#x2122;s skylines.

The project features; High speed internet fiber Panoramic lifts 1.5 MW of Standby Back up Power Capacity Water filtration plant for back up water supply Underground and ground parking space Walled and gated with 24hour security Daikin air condition system Full LED lighting throughout the complex High standard fire safety system Solar water heaters PREMIUM HOMES MAGAZINE | 39

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GHANA

Paradise Estate Ghana An aura of Space and Splendor. Set in a tranquil ambience, these elegant villas offer enriching, enlightening and rewarding lifestyle experience. From opulent design to bespoke amenities, here at Paradise Estate you will experience grandeur and perfection like never before.

Expect pampering care as the state-of-the-art club house, nestling within premises offers a palette full of supreme amenities. Give in to the mystic and charming serenity of aqua and surrender yourself to the azure blue swimming pool.

Three or Four bedroom storey Four or Five washrooms

PRICE UPON REQUEST

ENQUIRIES Paradise Estate Ghana E. info@globalproperties.gm T. +233 (0) 26 716 73 92 / 0303 967474 L. N0. 8 Potato Avenue, East Legon W. www.globalpropertiesafrica.com PREMIUM HOMES MAGAZINE | 41

GHANA 42 | HOME LISTINGS GHANA

Tower Cascades

CONSTRUCTION COMMENCED

www.towercascades.com

OdoiTsui, Dzorwulu, Accra.

Each apartment comes with a staff bunker and en-suite bedrooms. A pool

with an open barbeque area that could be used as entertainment space as well

as for relaxation purposes. A beautifully fashioned garden. Play area for the children. Availability of services and housekeeping for the apartments. State of the art security facilities. Specially selected high end fixtures and fittings.

Availability of mortgage financing.

Flexible payment plan.

Sales Management 0205 180180

Adequate and secure parking spaces. A dedicated Management services

PROXY PLUS C O

N

S U

L T

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GHANA

NOW SELLING

GHANA

DevTraco (The Niiyo)

Under Construction

Devtraco Plus invites you to discover a world that is divorced from the hustle and bustle of Accra City life. This modern purpose built development, comprising of 31 signature homes, is a hybrid of bohemian living fused with on your-door-step city experiences.

Whether your taste runs into playful fun or just simple relaxation, The Niiyo has it all from the nearby Mmofra Childrenâ&#x20AC;&#x2122;s Park and miniature golf course to the onsite swimming and leisure facilities.

The apartments are courted by the natural sunlight offered by the floor-to-ceiling windows and fibre glass doors. The Niiyo is not just an apartment or even a home, it is your very own haven encapsulated on this first class development that is guaranteed to make you the envy of all your friends. Call us today to learn how you can make the move to this scenic green utopia.

PRICE UPON REQUEST

ENQUIRIES Devtraco Plus Signature Homes L. No. 8B, sir Arku Korsah Road, Airport residential area, Accra E. info@devtracoplus.com T.+233 (0) 302 798 692 / +233 (0) 544 310 111 W. www.devtracoplus.com 44 | HOME LISTINGS GHANA

GHANA PREMIUM HOMES MAGAZINE | 45

GHANA

Westfields Real Estate

Under Construction

Beautiful and creative designed one 1, 2 and 3 bedroom, features a fully equipped kitchen, dining and living areas perfect for entertaining, weardrobes, tiled floors, a balcony and so much more. Pines Court provides tenants with first-class amenities and services which include: • Gym • Swimming Pool • Free Parking • 24/7 Security • Backup Utilities Water, Generator and Internet This 23-Unit exquisite high rise apartment is located at Cantonments (about 3 minutes” drive from American Embassy) Accra, Ghana.

Cantonments is one of the hub of expatriates, set uniquely amidst hosts of shopping centres, cafés, restaurants, schools,etc.

2 Bedroom Regular

5th floor - $ 265,000

6th floor - $ 270,000

2 Bedroom Deluxe

2nd floor - $ 330,000

5th floor - $ 340,000

ENQUIRIES Westfield Real Estate E. sales@westfieldsrealestate.com T. +00233 307010026 / +00233 289970080 L.3rd Floor, Grand Oyeeman, South Liberation Link, Airport Commercial Area, Airport City, Accra, Ghana W. www.westfieldsrealestate.com 46 | HOME LISTINGS GHANA

GHANA

Mayfair Estate Limited

Under Construction

With a flair for the refined, Mayfair Estates redefines luxury, creating spectacular buildings, each distinct and yet all built to the same principle of the highest standards.

Now Selling; Airport City Mayfair Court, Adjiriganor Mayfair Gardens, East Airport Facilities; • Tiled Road • 24hr Security • Childhood Playing Area • Swimming Pool

PRICE UPON REQUEST

ENQUIRIES Mayfair Estate limited E. johnotumfour@aol.com T.+233 24 931 5023 / +233 27 731 5023 W. www.mayfairestateltd.co.uk PREMIUM HOMES MAGAZINE | 47

GHANA 48 | HOME LISTINGS GHANA

GHANA

The Belgrave Described as Cute Antique Design for a classy homeowner who craves for space beauty, luxury and comfort. it is a three bedroom house with a Living & Dining, Guest washroom, Fitted kitchen, Storage, Master Bedroom Ensuite, Two bedroom with a shared bathroom, Ceiling fans,water heater in all rooms including kitchen, Remote Controlled Gate & Garage and a Video Entry System.

Features: Living & dining, fitted kitchen, store, visitors wash room, master bedroom ensuite, water heaters, ceiling fans, Air condition points, two bedroom with a shared bathroom, remote controlled gate, garage & video entry system.

PRICE UPON REQUEST

ENQUIRIES Elegant Homes & General Construction Ltd. L. Elegant courts - Katamanso, Accra T. 233-248-974428/+233-264-495222/ +233-540-116544 E. info@eleganthomesgh.com W. www.eleganthomesgh.com

3 Bedroom Executive detached house.

Plot Size is 70X90 Floor Area: 207 Sqm. PREMIUM HOMES MAGAZINE || 49

Real Estate Investments in Ghana

The most critical of these latent pitfalls is the land tenure system in Ghana. The Ghanaian Constitution provides that no interest in or any right over stool lands (stool lands make up the bulk of land interest in Ghana) shall be created which vest in any person or body corporate a freehold interest in land. The constitution states further that no interest or right over any land shall be created which vests in any person who is not a citizen of Ghana a freehold interest in land in Ghana.

Thus effectively, majority of Real Estate properties are

By AB Lexmall & Associates constructed on lands that have been leased. A lease by definition must have a beginning and ne of the fastest growing sectors in the an end date. In Ghana, the industry practice is to grant a lease for 99 years in the case of Ghanaian economy is the Real Estate individual leases. industry. In fact this is not strange

O

to industry analyst especially as the World Bankâ&#x20AC;&#x2122;s Global Economic Prospect Report has projected that Ghana will become the fastest growing economy in fiscal year 2011 in subSaharan Africa.The report singled out the construction industry as one of the sectors to see a significant growth in the next couple of years.

This report is coming at the heels of 10 years of growth that has seen a significant increase in income levels within the economy.This positive outlook has obviously led to a sustained increase in investments in the Ghanaian economy. The Real Estate industry in particular seems to be doing very well especially based on the fact that the country presently has a staggering housing shortfall in both the residential and commercial sectors in the urban areas. It is not surprising therefore that the returns on investment are lucrative in this sector.

Office and housing units are often sold out before construction is completed. However, investments in the Real Estate industry are fraught with many pitfalls and the astute investor must tread carefully in order to maximize their return on investment. There are many latent pitfalls and potential transactional costs in the Real Estate industry which can trip even the most experienced investor.

50 | ARTICLE

The standard lease agreement in practice has a clause stipulating that the lessor must obtain permission from the head lease before any sub lease or assignment can be granted. It is imperative that an investor obtains from the lessor a properly executed permission from the head lease before any money is paid. Failure to obtain a properly executed permission from the head lease may lead to undue delay in the registration process or even possible litigation.

Since the lessor can only grant you what he has, an investor must make sure the remainder of the lease is adequate for his or her specific investment needs. Thus if the remainder of the original lease is 20 years, then the most interest you can obtain under the circumstance is an assignment of the remaining 20 year interest.

The lease document must also include an option for renewal. Since there is currently no legislation as to how to deal with ownership rights and disputes in the event that the lessor decides not to renew the lease after the term has expired, it is very critical that the parties agree among themselves at the front end how the land and any investment on the land will be dealt with at the expiration of the lease.

AFRICA LISTINGS

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Sole Lagoon View Estate If you like to get away from central Accra and enjoy lots of open space – whether to do some gardening or just relax and enjoy the view of a beautiful lagoon – look no further than Solé Lagoon View Estates, a gated community located near the Ghanaman Soccer School of Excellence at Prampram.

Tel.: +233 302 781 857 / +233 202 222 331 Mob: +233 245 709 285 / +233 545 660 612 Loc.:28/8b 5th Circular Road Labone, Accra Email: info@emeraldpropertiesgh.com

Over 200 Housing Units in a gated community Health & Recreational facilities Access to resort-like enviroment Tarred & Paved roads, good drainage systems View of Lagoon and water sports activities Maintenance and management facilities Anaerobolic biogas digesters Street light

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SENEGAL

Global Properties Real Estate

Under Construction

Every person and every family has the right to a roof; Global Properties Senegal is a dynamic real estate company, offering you great deals. We offer full range of real estate services of quality investment, mortgage etc.We aim at building lasting relationships with our clients. This is what Global Properties Senegal has understood and is constantly trying to achieve by offering the most professional, informative, loyal and dedicated services in the real estate industry.

PRICE UPON REQUEST

ENQUIRIES Global Properties Real Estate E. info@globalproperties.gm T. +233 (0) 26 716 73 92 / 0303 967474 L. N0. 8 Potato Avenue, East Legon W. www.globalpropertiesafrica.com 54 AFRICA LISTINGS

RWANDA

Property Development Group This luxurious residential property is well located in kakiru with a beautiful view of central kigali.

Being spacious, luminous, entirely renovated house in premier neighborhood, with splendid view of downtown kigali.

Custom-designed cabinets and built-in closets throughout, made of premium muvula wood: providing abundant storage space. Large windows everywhere, filling house with natural light.

Large terraces with canopies and arcades, where one can relax and enjoy the superlative view of the city.

Large living room and dining room. Very modern kitchen with polished black granite countertops, italian fixtures and large walk-in pantry for storage. 4 Bedrooms, including self-contained master bedroom with new en suite bathroom. Separate (2nd) bathroom.

Laundry room (easily convertible into 3rd bathroom, if so desired).

Solar panel water heater (= big savings on electricity) and large reservoir tank (2000 l) installed on roof.

At the rear: small garden, annex (staff quarters) and outside washroom. New exterior pump and plumbing.

The premises sit on a 506 square meters (land).

Price - RWF 140,500,000

ENQUIRIES Property Development Group Ltd. E. nfo.pdg7@gmail.com T. +250 788 234 853 / +250 738 234 853 W. www.realestateseth.wordpress.com

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Ghanaâ&#x20AC;&#x2122;s luxury accommodation where West Africa meets and play.

Welcome to Ghanaâ&#x20AC;&#x2122;s premier hotel, resort and business address. The hotel is renowned for its food and unique spirit of Ghanaian hospitality. Labadi is located within easy access of both the city and airport. Set amidst tropical landscaped gardens, overlooking the beautiful Labadi Beach, is where tourists and business travellers meet and play. This exclusive hotel provides its guests with 164 luxury rooms, two bars and restaurants, and a variety of exciting activities for the family.

T. +233 547 141 662/+233 205 892 262

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L. No 1 La Bypass, Accra, Ghana

KENYA

Mitini Scapes Mitini Scapes is a premier housing development located within Migaa â&#x20AC;&#x201C; an Exclusive Golf Estate comprising of an 18 hole golf course, sporting and recreational facilities, hospitality services, plus commercial, education, medical and communal facilities. Mitini Scapes has delivered a mix of 82 elegantly designed cottages and apartments.

The aesthetics and functionality make this development an excellent home and a worthy

investment providing contemporary luxury living against a backdrop of abundant landscaping and green open spaces. Mitini Scapes was recently completed and has several families already living there. The cottages are fully sold out! Limited apartments & plots available:

Product Size 1 br Apartment 65Sqm 2 br Apartment + Study 110 Sqm Mitini Plots 1/8 Acre Waterfront Plots 1/4 Acre

Price (KSh) 7,500,000 10,750,000 5,500,000 10,500,000

ENQUIRIES E. sales@homeafrika.com T. +254 202772000 / +254 716802070 W. www.homeafrika.com ft HomeAfrika i Home-afrika-40b41886

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RWANDA

Property Development Group A self contained and fully furnished 3 bedroom residential luxury bungalow for rent in a very prime location of kigali namely kiyovu, It came to the market with an excellent view and overlook together with its swimming pool in the compound.

58 | AFRICA LISTINGS

Price- USD $ 2,000 ENQUIRIES Property Development Group Ltd. E. nfo.pdg7@gmail.com T. +250 788 234 853 / +250 738 234 853 W. www.realestateseth.wordpress.com

THE REALESTATE BOOM AND ACCRA’S NEW POOR The city is changing very quickly. Old structures are tumbling and modern high rise buildings are taking their place. A friend recently remarked, “today there aren’t many birds in the sky except the towering cranes raising these concrete giants all across the city.”

F

or the boy visiting Accra from the countryside, this is all such a beauty to behold, what he does not recognise is that it all comes at a cost. What is the real social cost of Accra’s burgeoning infrastructural space? Accra is rapidly urbanising at a rate of at least 4.3 percent meanwhile over 50 percent of Ghanaians already live in urban areas. With this progressive bulge in the City’s population arises many challenges: housing, poor sanitation, unemployment, and insecurity among many others.

Ghana has a housing deficit of about 1.7 million units, which is projected to increase to 2.4 million by next year, 2018, and 3.8 million by 2020. Will development be swift enough to catch up with the needs of the increasing population? The real quandary is how do we manage the outcomes of rapid urbanisation to reap the gains?

Although urbanisation is noted to have contributed to poverty reduction; two academics: Agyei-Mensah and Owusu (2010), caution that “if the provision of housing, basic needs, job opportunities are inadequate, slums will rise up, leading to declining health outcomes, growing poverty [inequality] and greater insecurity.”

Land Dispossessions and Urban Poverty Urban poverty is rife and Accra is becoming increasingly segregated; the inequality gap is widening, and there are frequent violent clashes over land.Traditional families have beendispossessed of their ancestral lands within the city. First by the state, then by real estate companies, private business corporations and the bourgeoisie. The same process of dispossession is being reciprocated in the peri-urban areas today Arable land is being converted for real estate development which is denying the locals of their primary sources of livelihood. The commodification of land in peri-urban spaces is leading

to many families being stripped of their ancestral land which drives them further into poverty.The real estate boom is effectively widening the poverty gap as valuable land resources are being redistributed from the poor to the rich. The statistics indicate a continuous exodus from rural spaces to fill the urban spaces.

The new poor are not necessarily the income poor but the poor by their quality of life, living conditions, housing and access to basic amenities.

The old affordable houses are disappearing, new plush apartment complexes are emerging in their stead and going out for an average rent per month of $400 at the least. But the average resident of Accra makes just about $300 per month. How can these people afford descent housing?

THE STORIES Nii Okantey, is an indigenous Ga and has lived in Adzen Kotoku, a suburb of Accra, since he was a boy, on land that his parents cultivated the tomatoes that paid his school fees. He laments that “all the land has been given out to the real estate companies; today we have no rights to land, this was where our ancestors were buried and we, the grandchildren cannot even find land to farm cassava anymore.”

“They have money, they have bought the police, they have land guards, the chiefs have been bribed and we are powerless. Some of the land these people take is not theirs, but if you don’t have power can you speak up?” he further lamented.

By Kwame Botchway (www.ghanaweb.com)

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Design for Life

L. Spintex Road North-West, nr 33, Grand Accra, Ghana T. +233 (0) 345 657 869 / 345 768 095 if antartemobiliario t antarte

antarte MOBILIARIO