AL acts for investors to maximize their capital and rental returns in Prime African residential and commercial property.
We always represent the buyer's interests and have access to the best on and off-market opportunities. But we are not only a buying agent: we provide a unique one-stop service which includes property sourcing, design, development and refurbishment, lettings, ongoing property and sales management. All handled in-house, we are convenient, we have considerable local knowledge and expertise.
Based on the consistent performance we have delivered on the properties we manage; we have also launched a series of investment funds targeting the Prime West-African Property rental sector since 2019. These consists of strategies targeting long-term capital growth in conjunction with considerable rental income yields.
Our investment philosophy
AL has been helping investors maximize their returns in West African Property for over a decade. During this time, prices have grown at an average rate of 14% per year through increases that are driven largely by the growth seen within sub-Saharan Africa's economies as they expand further into global markets - especially those relying heavily upon oil exploration and production such as Nigeria or Ghana.
Ghana is an ideal destination for foreign investment, with the stability of government providing business opportunities in both residential properties and hotels. With new entrants trying to make their way into this market full force from around Africa as well as other parts worldwide it's not hard at all find something that will suit your needs- there are many possibilities.
An unprecedented growth in tourism and business travel numbers has left Accra with a shortage of Prime residential properties, putting an upward pressure on rents. Currently West-Africa's capital market is still immature; it lacks access to loans or property finance which suppresses prices for high yield investments like rental yields and making them more lucrative than they would otherwise be if there was easy financing available.
Long-term Property Investment Strategies in Sub-Saharan Africa
AL focuses on the ‘mainstream’ rental market in PWAP. This consists of small apartments that appeal mostly to international tenants and offers significant long-term capital growth as well a strong return for investors who put their money into these properties, derived entirely from US dollars. This sector traditionally has low volatility so you can feel confident about your investment even if things go south over there with other investments!
Our team of experts searches for areas in need, where they can buy and manage the distressed properties.
Small units
AL specializes in acquiring single units, portfolios and buildings for investors. Most of the tenants they acquire have a rental budget that is specific to them so these apartments are most popular with those who want high yields and occupancy rates as well.
Period property, not new build
There is an oversupply of new units in Africa, which results in suppressed price appreciation and rental returns. However there are areas ripe for investment with unique heritage stock offerings that have superior growth prospects - including those on offer from AL Property Development Company Limited.
Added value potential
The average property only changes hands every 50 years, but with PWAP properties often getting tired due to their long life cycle there is a huge shortage in available stock. To meet the aspirations of today’s tenants and maximize capital growth AL can carry out refurbishment or interior design programs that will add much needed value immediately.
Long term investment
To make sure you reap the benefits of long term capital appreciation which has averaged over 8% p.a., residential property in PWAP should be a 'buy-to hold' investment. AL advises clients to own for at least five years rather than adopting potentially more risky short-term strategies that could lead them down an unhappy path witholding regret later on down the line.
Financial analysis
AL provides an in-depth financial assessment of every property it recommends. Each stage from acquisition and refurbishment to projected rents or running costs is considered so that our clients know exactly what their commitments will be before making any investment decision, all the while knowing they are getting a qualified professional opinion with no hidden surprises waiting for them at checkout.
