British consortium invests in housing at Appolonia City
A British investment consortium has acquired a first phase of housing at The Oxford, a turnkey residential development at Appolonia City.
The consortium, led by prominent British investor Simon Edwards, has purchased off plan 30 homes at The Oxford, with an intention to accelerate their availability to the Ghanaian market. The consortium’s homes are intended as an investment asset for resale or rent.
The Oxford will be developed to a total of 420 homes across a total area of 20 hectares (49 acres) upon completion, with over 50 homes already under construction at present.
“We are very impressed with the Appolonia City site and the quality and construction of The Oxford,” said Edwards. “We believe The Oxford provides value for money and an attractive solution for the marketplace.”
Appolonia City offers buyers of The Oxford homes flexible payment terms, with a 40 percent payment upon signing and the balance over 18 months.
In addition, in partnership with Ghana Home Loans, Ghana’s largest mortgage provider, Appolonia City offers buyers mortgages with a 20 percent down payment and 80 percent paid over 15-20 years.