Which Accra Neighbourhood Is Best for Property Investment?
Airport Residential suits landlords who want airport-linked tenant demand and 8% to 12% gross yields. East Legon suits families and buyers who want lower entry prices from about $150,000. Cantonments suits capital preservation at 7% to 8% yields. Labone suits premium lifestyle buyers with 8% to 12% yields. Figures come from Ownkey’s April 2026 guide.
How Do Sale Prices and Yields Compare?
All four areas sit in Accra’s prime and upper-mid tiers. The table shows the ranges Ownkey quotes for 2026.
| Area | Sale price (USD) | Gross yield | Capital growth | Best for |
|---|---|---|---|---|
| Airport Residential | $250,000 to $1.2M+ | 8% to 12% | 10% to 15% a year | Expats, diplomats, corporate tenants |
| Cantonments | $250,000 to $600,000 (apartments from $150,000) | 7% to 8% | Projected 38% by 2027 | Capital preservation |
| East Legon | $150,000 to $600,000+ | 8% to 12% | 5% to 9% a year | Families and professionals |
| Labone | $200,000 to $500,000+ | 8% to 12% | Strong and stable | Luxury and lifestyle |
Per square metre, Ownkey’s Q2 2026 guide puts prime Accra (Cantonments and Airport Residential) at GH¢12,000 to GH¢30,000, or $1,080 to $2,700. It puts East Legon core and Labone at GH¢8,000 to GH¢15,000, or $720 to $1,350.
Treat the top of any yield range with care. Imaani Homes’ own analysis puts Airport Residential long lets at 7% to 9% gross. Read the net yield breakdown for Airport Residential before you compare areas on yield alone.
How Do Rents Compare?
Rent data comes in different unit types and currencies, so compare within a row, not across rows. Premium areas often quote rent in US dollars. The Rent Act caps advance rent at six months.
| Area | Rent data point | Source |
|---|---|---|
| Airport Residential | Two-bedroom long lets rent for $1,800 to $2,500 per month | Imaani Homes, March 2026 |
| Cantonments and Airport Residential | One-bedroom rent reaches GH¢7,000 to GH¢15,000 per month | Ownkey, August 2026 |
| East Legon | Two-bedroom GH¢6,000 to GH¢14,000. Three-bedroom GH¢8,000 to GH¢20,000 | Ownkey, July 2026 |
| Labone | 174 listed apartments average GH¢33,412 per month in asking rent | GhanaWeb, September 2026 |
Vacancy in prime areas such as Cantonments and Airport Residential runs 3% to 5%, per Ownkey’s rent index. Service charges in East Legon managed estates add GH¢800 to GH¢4,000 per month on top of rent.
Which Area Fits Which Buyer?
- Buy to let: Airport Residential. Embassies, NGOs, and multinationals keep long-let occupancy at 85% to 95%, per Imaani Homes’ analysis.
- Family home: East Legon. International schools and a dense professional population keep tenancies long, per Ownkey.
- Capital preservation: Cantonments. More than 40 embassies support values, per Ownkey.
- Lifestyle: Labone. The area sits between Cantonments and the coast, close to Osu cafes and restaurants.
- Lowest entry price: East Legon, from about $150,000. A Regalia studio starts from $107,000 including VAT, below the entry ranges Ownkey quotes for all four areas.
What Should You Check Before You Choose?
- Compare the same unit type and size in each area.
- Ask for the service charge and the backup power setup.
- Confirm title with a Lands Commission search before you pay. The guide for Ghanaians abroad lists each step.
- Model net yield with tax, management, vacancy, and maintenance, not gross yield alone.
Where Does Regalia Residence Fit?
Regalia Residence is an off-plan development by Imaani Homes in Airport Residential Area, 3 minutes from Accra International Airport. Studios start from $107,000 including VAT. Pricing is in USD, and payment plans suit buyers who earn abroad.
Request the Regalia price list or message the sales team on WhatsApp at +233 595 959595.
Frequently Asked Questions
Which is cheapest to buy in: Airport Residential, East Legon, Cantonments, or Labone?
East Legon has the lowest quoted entry, from about $150,000. Cantonments apartments also start from $150,000. Labone starts near $200,000 and Airport Residential near $250,000, per Ownkey.
Which area has the highest rental yield?
Airport Residential, East Legon, and Labone share an 8% to 12% gross range in Ownkey’s guide. Cantonments sits lower at 7% to 8%. Imaani Homes’ analysis puts Airport Residential long lets at 7% to 9%.
Which area is best for expats and diplomats?
Airport Residential and Cantonments. Airport Residential sits close to Accra International Airport and major offices. Cantonments hosts more than 40 embassies.
Is Airport Residential more expensive than East Legon?
Yes at the entry level. Ownkey quotes Airport Residential from $250,000 against about $150,000 in East Legon. A Regalia studio starts from $107,000 including VAT.
Is Cantonments or Labone better for capital growth?
Ownkey projects 38% appreciation in Cantonments by 2027. It describes Labone growth as strong and stable, with limited new supply. Both are projections, not guarantees.
How far is Regalia from the airport?
Regalia sits 3 minutes from Accra International Airport, formerly Kotoka International Airport.
Sources
Data as of 26 October 2026.
- Ownkey: Best neighbourhoods to buy property in Accra 2026 (April 2026)
- Ownkey: Apartments for sale in Accra 2026 (Q2 2026)
- Ownkey: Accra rent prices 2026 (Q1 2026)
- Ownkey: East Legon area guide 2026 (July 2026)
- Ownkey: Living in Accra, monthly costs by neighbourhood (August 2026)
- GhanaWeb: Living in East Legon, Cantonments, Trassaco (15 September 2026)
- Imaani Homes via MyJoyOnline: Short-let vs long-let in Accra (March 2026)
