Eden Heights is rapidly becoming one of the most sought-after luxury real estate developments in Accra, Ghana. With its strategic location, modern amenities, and focus on security and convenience, this premier destination promises to be a solid investment for buyers seeking comfort, luxury, and long-term returns. This comprehensive guide provides key insights into the offerings, benefits, and purchase process for investing in Eden Heights.
An Overview of Eden Heights, West Accra’s Premier Luxury Development
Nestled in the heart of West Accra, Eden Heights offers a unique blend of stunning architecture, lush landscaping, and top-notch amenities to create a residential sanctuary for urban living. This gated community contains a limited collection of apartments and penthouses designed to facilitate open, contemporary living with a focus on space, style, and functionality.
Residents can enjoy close proximity to Accra’s business districts, shopping malls, restaurants, schools, healthcare facilities, places of worship, and recreational attractions. Eden Heights reflects the pulse of modern Ghana while retaining a quiet, exclusive ambience.
Why Invest in Eden Heights?
Investing in Eden Heights comes with several benefits that make it a lucrative opportunity. Here are some key reasons to consider:
Prime Location
Eden Heights enjoys a strategic location right behind West Hills Mall, which gives it good connectivity and easy access to key places of interest in Accra via road networks like the N1 Motorway. The area is well-served by public transportation too.
Major landmarks like Achimota Golf Club, Accra Mall, and Kotoka International Airport are only 30 30-minute to an hour’s drive. Reputable hospitals, international schools, shopping and recreation centres are also easily accessible from this exclusive address.
Strong Tenant Potential
The project’s proximity to commercial hubs and multinational companies translates into strong tenant demand, especially among expatriates. This assures stable occupancy and attractive rental yields for investors.
Premium Amenities
Eden Heights offers an uber-luxurious lifestyle with amenities like infinity pools, lounges, sports facilities, 24-hour security and more – features which are highly sought-after yet difficult to find in Accra.
Capital Appreciation
With the limited availability of comparable high-end residences in the locality, Eden Heights apartments are likely to see significant capital appreciation as Accra continues to grow. Investors can expect handsome returns when they decide to liquidate their assets.
Developer Track Record
Execution and delivery track record are crucial for real estate investments. Eden Heights is developed by one of Ghana’s most renowned developers – Also known for its focus on design, quality construction and timely completion across decades.
Property Options at Eden Heights
Eden Heights offers apartments and penthouses ranging from 1 to 4 bedrooms, catering to varying requirements and budgets. The following are the available options:
1 Bedroom Apartments
Ideal for singles and couples, these elegant apartments have a spacious living room opening to a private terrace, a bedroom and an ensuite bathroom.
Saleable area: 75 sqm
2 Bedroom Apartments
Catering to small families and executives, these apartments feature two well-proportioned bedrooms with ensuite bathrooms and walk-in closets. The open-plan living and dining area leads to a private terrace.
Saleable area: 115 sqm
3 Bedroom Apartments
These family-sized residences come with three plush bedrooms with ensuites, ample living and dining space and a study room in select units. Private terraces allow you to enjoy serene views.
Saleable area: 155 sqm
3 Bedroom Duplexes
For those who prefer multi-level living, these expansive 3-bedroom duplexes have bedrooms on one level and living areas above, linked by a staircase. The unit boasts ample space and natural light.
Saleable area: 185 sqm
4 Bedroom Penthouses
The epitome of luxury living, these expansive penthouses on the top floors offer 4 bedrooms with ensuites, spacious living and dining zones, large terraces and breathtaking panoramic views of the city.
Saleable area: 245 sqm
Facilities at Eden Heights
Eden Heights goes beyond just living spaces by offering an unparalleled selection of lifestyle facilities spread across 3 acres:
- Olympic-sized swimming pools
- Fully-equipped fitness centre
- Squash courts
- Tennis courts
- Children’s play areas
Along with 24/7 security and maintenance, these facilities promote an active, convenient, and entertaining lifestyle.
The Buying Process at Eden Heights
Investing in Eden Heights is a straightforward process comprising the following steps:
Step 1: Arrange a Viewing
Contact the Eden Heights sales office or submit an online inquiry to schedule a tour. View available inventory during your visit and identify your preferred unit.
Step 2: Choose an Apartment
Review the floor plans and choose a unit that matches your preferences, budget and investment objectives. The sales team can also help identify the best options.
Step 3: Reserve the Unit
Provide your details and place a refundable reservation deposit to block the chosen unit temporarily while you finalize the paperwork.
Step 3: Sign the Purchase Agreement
The sales team will prepare the purchase agreement outlining the payment plan, unit details, and terms and conditions. Review and sign the agreement and make an initial down payment, usually 10-20% of the purchase price.
Step 4: Complete Legal Formalities
Work with the sales team and your legal counsel to complete all binding legal documentation, approvals, and title transfers pertaining to the purchase.
Step 5: Secure a Mortgage (Optional)
If availing of a home loan, liaise with banks or financial institutions and obtain mortgage approval for the balance payment. The sales team can recommend trusted lenders.
Step 6: Make Payments as Per the Plan
A structured payment plan is designed with flexible options. Make payments on time as per the schedule through wire transfers or checks.
Step 7: Receive Possession
With construction fully finished on schedule, new homeowners can now start enjoying the luxury facilities and exclusivity that Eden Heights has to offer.
Step 8: Furnish and Move In/Lease Out
With possession in hand, you can furnish the unit as per your tastes and either move in or rent it out to begin generating rental income.
The buying process is designed to be transparent and seamless for all investors. The Eden Heights sales team offers continuous assistance through each step.
Investment Benefits of Buying at Eden Heights
Investing in Eden Heights offers excellent returns through capital appreciation and steady rental income. Following are some of the key benefits:
Strong Rental Demand
With its unmatched location and facilities, Eden Heights is expected to have stellar occupancy rates and high rental demand from well-heeled expatriates, executives, diplomats and more.
Attractive Rental Yields
Investors can expect strong double-digit gross rental yields of up to 10-15% on 2 and 3-bedroom units, ensuring healthy recurring income.
Capital Appreciation
With property prices expected to rise by 10-15% annually, investors can gain significant long-term capital appreciation on their purchases.
Higher Returns Than Bank Interest
Savings accounts in Ghana offer 4-5% interest annually. Eden Heights presents an opportunity to leverage property investment for up to 3X higher returns.
Gain Dollar-Pegged Assets
Units can be purchased in foreign currency and rents are pegged to dollars, allowing investors to gain assets protected from local currency fluctuations.
Visa Opportunities
Investment of $200,000 can make foreign investors eligible for special visa quotas under Ghana’s real estate investment programmes.
Clearly, Eden Heights offers diverse financial upsides that make it a rewarding avenue for capital deployment.
Frequently Asked Questions
Let’s look at some common queries that may come up when evaluating an investment in Eden Heights:
What are the payment plans available?
Installment plans can be customized based on buyer preferences – options include quarterly instalments over 1-2 years or lump sum payments. Payment can be made in local currency or foreign currency like dollars.
What taxes apply to rental income and capital gains?
Rental income is taxed at 8%. Capital gains tax on property sales is 15% after adjusting for inflation indexation and costs. Consult your advisor.
What is the expected construction completion date?
The project is on track for completion by Q4 2023, with handover planned in phases. Investors can expect to take possession on schedule.
Will the units be furnished on handover?
Units will be a bare shell on handover. Buyers can appoint contractors to design and furnish the apartments to their preferred tastes after possession.
What maintenance services are provided?
Common areas and facilities are maintained 24/7 by the developer. Buyers pay annual maintenance fees. Individual units can be maintained via optional upkeep contracts.
Conclusion – Embrace an Unparalleled Lifestyle at Eden Heights
For homebuyers and investors seeking security, exclusivity, and lasting value, Eden Heights checks all the boxes. This prestigious address guarantees all the perks of urban living without compromising comfort, convenience, or privacy.
A trusted local developer spearheads the project with years of expertise in constructing residential spaces. As the final buildings are near completion, this is the ideal time to invest in Eden Heights and become part of West Accra’s thriving community.
To explore available units or schedule a site tour, get in touch with the Eden Heights sales team today. Let the welcoming lifestyle take you in at Accra’s number-one upscale residential destination.
