Devtraco Group Promises High Returns for Nigerian Investors

Devtraco Group, a prominent real estate developer established in 1993 in Accra, Ghana, has assured Nigerian investors of high rental yields averaging 12% per annum and the security of their investments. At a media session in Lagos, company executives highlighted the benefits of investing in Ghanaian real estate, including strong rental yields, good returns on investment, and robust legal safeguards.

Ewurabena Braye, head of sales, noted that while turnkey residential properties in Ghana yield 8% to 10%, Devtraco offers a conservative ROI of 12%, strictly in US Dollars. Sandra Mudzimba, chief sales and marketing officer, emphasized that Ghanaian law allows foreign investors to sell their assets without restrictive exit clauses and repatriate funds freely.

She reassured investors about the safety of their properties under Ghana's efficient legal system, which resolves commercial disputes swiftly. Mudzimba also mentioned that foreign land tenure operates under renewable 50-year leasehold terms, ensuring a welcoming environment for Nigerian investors.