Overview
- Updated On:
- 07/01/2026
Description
Location: East Legon
Price: $95,000 USD
Located in a prime area of Accra, this stylish studio apartment offers the perfect blend of comfort and convenience. Situated just 10 minutes from Kotoka International Airport, The Gallery is a sought-after residential community ideal for short- or long-term living.
Key Features:
- Fully finished studio apartment
- Stylish interiors with modern fittings
- Access to hotel-class amenities
- 24/7 security and concierge service
- Rooftop pool, gym, café, and yoga studio
- Secure parking and backup power
- Perfect for personal use or rental investment
Whether you’re an investor or a frequent traveler, this apartment delivers value, security, and unbeatable location.
📞 Contact us today to schedule a viewing.
Studio Apartment – The Gallery, East Legon
Price: US $95,000
Status: For Sale | Title: Registered | Management: Clifton Ghana
Overview
The Gallery is a landmark serviced apartment complex in the Airport / East Legon corridor, five minutes from Kotoka International Airport. Facilities include rooftop pools, gym, concierge, café, and 24-hour security—making it one of Accra’s most proven short-stay and long-term rental addresses.
Rental Performance (based on verified market data)
- Serviced short-stay rates: from US $95 per night or US $1,590 per month (Source: The Gallery official site)
- Long-term lets: from US $1,000 – 1,200 per month (Source: developer and market listings)
- Management fee range: 15 – 25 % of gross bookings (Accra industry average)
- Ghana Rent Tax: 8 % of gross collections (residential rate)
Yield Scenarios (US $95,000 purchase)
| Scenario | Rent Basis | Occupancy | Approx. Net Income (Annual) | Net Yield |
|---|---|---|---|---|
| Long-term tenant | $1,000 / month | 11 months | $10,100 | ≈ 10.6 % |
| Long-term (upside) | $1,200 / month | 11 months | $12,100 | ≈ 12.7 % |
| Serviced (Airbnb) | $95 / night | 55 % | $13,700 | ≈ 14.5 % |
| Serviced (Airbnb) | $95 / night | 65 % | $16,200 | ≈ 17.0 % |
All yields are net of 8 % rent tax and 20 % management fee; minor consumables excluded.
Key Notes
- Long-term tenants normally pay service charge and utilities directly to facility management.
- Short-stay operators should register with the Ghana Tourism Authority (GTA).
- High occupancy is supported by The Gallery’s airport-belt location and on-site amenities.
- Comparable blocks such as The Lennox list serviced studios from US $130 per night, confirming pricing realism.
Additional Property & Investment Highlights
• The apartment records consistently high occupancy rates, averaging between 80% and 96%, supported by its prime Airport–East Legon location and strong demand.
• The unit is well maintained and kept up to date with regular servicing.
• Recently upgraded with a brand-new air conditioner and microwave and fitted with balcony furniture for added comfort.
Investment Performance
• Average rental returns range between US $1,700 and $2,400, depending on rental structure and occupancy.
• The property has experienced approximately 40% capital appreciation, increasing in value from US $60,000 to US $95,000 over the past eight (8) years.
Tenancy Terms
• Minimum tenancy period: 6 months
• Property offered unfurnished
Indicative Net Return
10 – 13 % (long-let) | 14 – 19 % (serviced short-stay at realistic occupancy 55–75 %)
Contact Ghana Bound Ltd.
Your Gateway to Exquisite Homes in Ghana – Choose Ghana Bound.
📞 +233 264 589 247 | ✉️ sam@ghanabound.com
- Principal and Interest
- Property Tax
- HOA fee
- Private Mortgage Insurance
