Devtraco Limited has been in existence in Ghana since 1993, as one of Ghana’s leading real estate companies. We commenced operations with the mission of being the number one real estate company in the country, providing exclusive community living and striving to be the company with the most satisfied residents. DEVTRACO Limited is the first and currently the only Ghanaian real estate developer to receive the CNBC International Residential Property Award, UK-Africa Region.
Devtraco Limited, headquartered on the Spintex Road has total assets of about US$2 billion and employs over 500 people. We are one of the largest and prominent real estate companies in the country in terms of market capitalization. Our estates span across prime area of the Greater-Accra Region; including Greda Housing Project at Teshie-Nungua, Dovehill Estates at Spintex Road, Devtraco Villas at Baatsona (Tema Community 18) and currently, Devtraco Courts (City of Hope) at Tema Community 25.
We pride ourselves as a company that provides a wide range of products and services to its clientele. These varied choices include real estate developments, building contractors, estate management services, rentals and sale of serviced plots. At Devtraco, we are committed to providing quality housing solutions to our customers through our professional staff and state-of-the-art building technology. Our twenty (20) years of experience in the provision of building and housing needs has helped us understand client needs and aided our quest to provide tailor-made solutions to them.
Our current project, DEVTRACO COURTS (CITY OF HOPE), currently houses over 1,000 residents, within the next 3 years we will be housing an estimated 1,600 families and is being developed over an acquired land area of 205 acres. As the first EVER Master Planned community of its kind in Ghana, the City of Hope will have, in addition to the clustered homes, A CLUB HOUSE, A RECREATIONAL AREA, A SHOPPING MALL, A SCHOOL, A WATER PARK, A POLICE STATION, A FIRE STATION amongst others. This unique offer affords our clientele who run retail businesses the opportunity of LIVING, WORKING, SHOPPING, EDUCATING THEIR CHILDREN, HAVING ACCESS TO POLICE OFFICERS etc all within their immediate community; thus eliminating much of the inconvenience associated with trekking from home to town for basic amenities including traffic queues and jams.
Situated at our plush neighbourhood in DoveHill Estates on the Spintex Road (2 minutes drive from the coca cola roundabout) are our all new Luxury housing units for rent. These units are four bedroom two-storey executive master planned houses. Each housing unit has an additional 1 bed self contained outer house, adequate parking space, overhead water reservoir, a stand-by generator. The estates also have the standard Devtraco features of 24 hour security, a swimming pool and a gymnasium.
We also have for rent, two and three bedroom homes at our City of Hope project, Devtraco Courts on the Tema-Aflao highway.
YOUNG EXECUTIVE PLUS
These are two and three bedroom houses made primarily for today’s young executive. Here, property prices are specially geared towards the range of the first time buyers.
We have other housing units which we classify as standard, semi-executive and executive houses.
Financing a Devtraco property can be done in two ways. The self financing route where the client pays in installments as the building process progresses as follows:
25% of the cost price as initial deposit at the execution of this agreement.
25% of the cost price 3 months after the initial deposit
25% of the cost price 9 months after the initial deposit
20% of the cost price on completion of construction
5% of the cost price on inspection of construction
Otherwise, we also have arrangements with mortgage loan providers such as Ghana Home Loans, Home Finance Company (HFC), Fidelity Bank and Stanbic Bank.
- Client completes application form (obtainable online or from our Head Office)
- Selects house type of preference indicating additional requirements if any.
- Submit forms to Devtraco (online or at our Head Office)
- Devtraco issues an offer letter to client indicating general terms and conditions as well as price.
- Both parties sign contract of sale
- Devtraco issues welcome letter to client.
See the Team page