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Devtraco Plus

The Address — Studio One Two and Three Bedroom Ultra Luxury Serviced Apartments — Holiday Homes — Hotel and Residential Homes — Unlimited Wellness Amenities — Roman Ridge Accra Ghana New ✨

The Address — Studio One Two and Three Bedroom Ultra Luxury Serviced Apartments — Holiday Homes — Hotel and Residential Homes — Unlimited Wellness Amenities — Roman Ridge Accra Ghana New ✨

Regular price £85,978.00 GBP
Regular price Sale price £85,978.00 GBP
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The Address is a premium mixed-use real estate development by Devtraco Plus in Roman Ridge, Accra, Ghana. The development is positioned as a high-end urban lifestyle and investment destination, combining long-term residential apartments, short-stay/vacation apartments, serviced apartments and hotel ownership opportunities across multiple towers. 

1. Project at a glance

Category

Details

Project

The Address

Developer

Devtraco Plus

Location

Roman Ridge, Accra, Ghana

Project type

Luxury mixed-use development

Concept

Residential + vacation/short-stay + serviced/hotel accommodation

Towers

Three main apartment towers, with a Hotel Tower also promoted by the developer

Unit types

Studios, 1-, 2- and 3-bedroom apartments, penthouses and hotel suites

Target market

Homeowners, expatriates, executives, diaspora investors, short-stay investors and hospitality investors

Airport proximity

About 8 minutes from Kotoka International Airport, according to the developer

 

 

 

2. The three-tower concept

The Address is designed around three distinct property concepts, allowing investors to choose between different ownership and income strategies.

Tower A — Vacation Apartments

Designed primarily for short-term and vacation accommodation.

Unit types:

  • Studios
  • 1-bedroom apartments
  • 2-bedroom apartments

The tower is promoted as a professionally managed short-stay investment, making it potentially suitable for investors targeting business travellers, tourists, expatriates and visitors to Accra.

The developer’s earlier launch information described this as a 13-floor tower. 

Investment proposition:

  • Short-term rental potential
  • Professional property management
  • Potential for tourism and corporate accommodation demand
  • Opportunity to own an income-generating apartment in a prime Accra location

Tower B — Long-Term Residential Apartments

This is the development’s traditional residential investment and owner-occupier component.

Unit types:

  • Studios
  • 1-bedroom apartments
  • 2-bedroom apartments
  • 3-bedroom apartments
  • Penthouses

One of the project’s major differentiators is the inclusion of private outdoor terrace swimming pools for the residential units promoted in this tower.

This component is particularly suited to:

  • Families
  • Executives
  • Expats
  • High-net-worth buyers
  • Long-term investors
  • Buyers seeking a luxury Accra residence

The developer describes Tower B as a 17-floor residential tower. 

Tower C — Serviced Apartments

The serviced-apartment tower is designed to combine private property ownership with hotel-style services.

Unit types:

  • Studios
  • 1-bedroom apartments

The concept is aimed at investors and occupants who want the convenience of a professionally serviced residence.

The developer highlights services such as:

  • Concierge
  • Housekeeping
  • Leisure facilities
  • Hotel-grade services
  • Business and leisure accommodation

The official project website currently describes Tower C as an 8-floor serviced-apartment tower. 

3. Hotel at The Address

In addition to the three apartment concepts, Devtraco Plus is promoting a Hotel at The Address, offering investors the opportunity to own a hotel room or hotel suite within an internationally positioned hospitality concept.

The developer describes the hotel as being operated and managed by international experts, with the investment proposition based on hospitality income, professional management and potential long-term capital appreciation. 

Hotel facilities promoted include:

  • Concierge
  • Luggage room
  • Restaurant
  • Cigar lounge
  • Spacious lounge
  • Meeting room
  • Fitness centre
  • Swimming pool
  • Snooker table
  • Skyview bar
  • Limousine service

The hotel offering includes various configurations, including:

  • Hotel rooms
  • 1-bedroom hotel units
  • Other hotel room layouts

The exact ownership structure, operator agreement, revenue-sharing model, management fees and projected net returns should be confirmed directly with Devtraco Plus before purchasing. 

4. Location — Roman Ridge

The location is one of The Address’s strongest selling points.

Roman Ridge is an established, centrally positioned Accra neighbourhood with proximity to the airport, schools, healthcare, business districts, restaurants and shopping.

According to the developer’s location information:

  • Kotoka International Airport: 8 minutes
  • The Roman Ridge School: 3 minutes
  • Jack & Jill School: 3 minutes
  • Lincoln Community School: 6 minutes
  • Nyaho Medical Centre: 4 minutes
  • Airport Women’s Hospital: 7 minutes
  • Roman Ridge Police Station: 1 minute
  • Airport Police Station: 8 minutes
  • Marina Mall: 8 minutes
  • Accra Mall: 10 minutes
  • Achimota Golf Club: 10 minutes
  • Accra Polo Club: 10 minutes

These are developer-stated approximate driving times and can vary depending on traffic. 

Why Roman Ridge is attractive

For property investors, the location offers access to a strong pool of potential tenants and guests, including:

  • International travellers
  • Airline and aviation professionals
  • Diplomats
  • Corporate executives
  • Expatriates
  • Diaspora visitors
  • Short-stay tourists
  • Business travellers

This makes the location particularly relevant to serviced apartments, corporate lets and hospitality investment.

5. Who is The Address designed for?

Homeowners

The long-term residential tower is the strongest option for buyers looking for a permanent or semi-permanent luxury home in Accra.

Property investors

Investors can potentially target rental income through long-term residential leasing or short-term accommodation, depending on the unit purchased.

Diaspora buyers

The proximity to the airport and central Accra location make the project potentially attractive to Ghanaians living abroad who want a property in Accra.

Hospitality investors

The hotel investment proposition is aimed at buyers who want exposure to Ghana’s hospitality sector without directly operating a hotel.

Short-stay investors

Vacation and serviced apartments are positioned toward investors seeking income from business travellers and short-term visitors.

6. Investment proposition

The Address essentially offers four different investment strategies:

Investment Type

Best suited for

Income model

Long-term residential

Families, executives, homeowners

Monthly/annual rent

Vacation apartment

Short-stay investors

Nightly/weekly rental

Serviced apartment

Corporate and leisure accommodation

Short/medium-term rental

Hotel ownership

Hospitality investors

Hotel revenue/ownership model

The developer positions the project around rental income, capital growth and portfolio diversification. However, investors should distinguish between developer marketing projections and guaranteed financial returns. The actual investment performance will depend on occupancy, rental rates, management fees, service charges, taxes, operating costs and the broader Accra property market. 

7. Key amenities and lifestyle proposition

Depending on the tower and ownership category, the development is marketed around a premium lifestyle offering that includes features such as:

  • Swimming pools
  • Private terrace pools in selected residential units
  • Fitness facilities
  • Concierge services
  • Housekeeping
  • Restaurants
  • Lounge spaces
  • Skyview bar
  • Cigar lounge
  • Meeting facilities
  • Entertainment facilities
  • Professional property management
  • Hotel-style services

The precise amenities available to each owner should be confirmed because not every facility necessarily applies to every tower or unit category. 

8. Developer

The project is being developed by Devtraco Plus, part of the broader Devtraco Group.

Devtraco Group’s project portfolio includes developments such as:

  • The Address
  • Hotel at The Address
  • Nova
  • Arlo Cantonments
  • The Pelican Hotel
  • Forte Residences
  • Woodlands

The company positions itself as a Ghanaian real estate developer focused on residential, commercial and hospitality developments. 

 

9. Pricing

Entry Price from US$89,

For a client or investor, you should request:

  1. Current price list
  2. Unit availability
  3. Floor plans
  4. Unit sizes in sqm
  5. Furnishing specifications
  6. Payment plan
  7. Reservation fee
  8. Completion date
  9. Service charge
  10. Property management fees
  11. Rental management terms
  12. Hotel operator agreement, if applicable
  13. Expected rental yield
  14. Revenue-sharing structure
  15. Exit/resale conditions
  16. Applicable taxes and statutory charges

The official website provides a contact route for obtaining project information and unit details. 

 

Reservation → Initial deposit → Instalments during construction → Final balance at completion

The exact percentages and instalment periods should be obtained directly from Devtraco Plus.

 

11. Completion and construction status

The Address was publicly launched in December 2023. Contemporary reporting identified the development as comprising three principal towers: a 13-floor vacation apartment tower, a 17-floor residential tower and an 18-floor hotel apartment tower, with construction undertaken by Fabrico Builders. 

 

 

strongest selling points

⭐ 1. Prime Roman Ridge location

One of the most compelling advantages is proximity to Kotoka International Airport and established Accra amenities.

⭐ 2. Multiple investment models

Buyers can choose between residential, vacation, serviced-apartment and hotel investment models.

⭐ 3. Strong target market

The location naturally targets executives, expatriates, corporate travellers, diaspora and international visitors.

⭐ 4. Lifestyle positioning

The project combines luxury residential living with hospitality-style services.

⭐ 5. Diversification

An investor can potentially diversify their property portfolio beyond conventional long-term residential rentals.

⭐ 6. Airport proximity

The approximately 8-minute proximity to Kotoka International Airport is particularly valuable for short-stay and hospitality investment. 

 

Potential risks and questions investors should consider

Before investing, I would carefully investigate:

  • Actual completion date
  • Construction progress
  • Developer’s delivery track record
  • Land title and legal due diligence
  • Exact ownership structure
  • Leasehold/freehold status
  • Service charges
  • Management fees
  • Hotel management agreement
  • Short-let restrictions
  • Expected occupancy
  • Actual projected net yield after expenses
  • Currency risk for international investors
  • Resale liquidity
  • VAT and other applicable taxes
  • Whether furniture packages are included
  • Whether rental income is guaranteed or merely projected

Investment assessment

The Address is best positioned as a premium urban investment product rather than simply another apartment development. Its biggest advantage is the combination of Roman Ridge + airport proximity + multiple ownership models + residential and hospitality positioning.

For a buyer seeking capital appreciation and long-term residence

For an investor seeking short-term rental income

For someone wanting hotel-style living and managed accommodation

 

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