The shortlet apartment business in Nigeria has recently had a boom, offering property owners a lucrative way to generate steady income. If you’ve ever wondered how to convert your property into a shortlet apartment, you’re in the right place. Let’s break it down into simple, actionable steps.
1. Assess Your Property’s Potential
Not every property is ideal for shortlet purposes. Location plays a huge role; properties in central areas, close to business hubs, tourist attractions, or key infrastructure, tend to attract more guests. Consider:
- Is your property easily accessible?
- Does the neighborhood have security and amenities like supermarkets, banks, or recreational spots?
- Is the property in a desirable city like Lagos, Abuja, or Port Harcourt?
2. Understand the Market and Legal Requirements
Research the shortlet market in your area to understand guest expectations and pricing. Also, check local laws regarding short-term rentals. Some estates and local councils may have restrictions on running shortlet apartments.
Key things to consider:
- Are there local property taxes or levies to pay?
- Does your neighborhood association allow short-term stays?
- Are there insurance requirements for rental properties?
3. Renovate and Furnish to Attract Guests
Guests book shortlets for comfort, aesthetic and convenience, so your property needs to stand out. Invest in modern furniture and decor that makes the apartment feel homely and luxurious.
Essentials include:
- Comfortable beds and quality linens
- A fully equipped kitchen with modern appliances
- Good Lightening
- Reliable Wi-Fi and entertainment options like Netflix
- Clean bathrooms with toiletries
Pro Tip: Adding touches like art pieces, indoor plants, or themed décor can make your space more Instagram-worthy, increasing bookings.
4. Focus on Cleanliness and Maintenance
Hygiene is a top priority for shortlet guests. Hire a professional cleaning service or housekeeping to deep-clean after each guest. Regular maintenance is also crucial to keep your property in top condition.
Things to prioritize:
- Routine pest control
- Functional plumbing and electrical systems
- Prompt repairs when needed
5. Set Up Utilities and Security
Shortlet guests expect uninterrupted services. Ensure:
- Constant water supply (consider installing a water tank)
- Stable electricity, with a generator or inverter as backup
- Security features like CCTV, secure locks, and gated access
6. List Your Property Online
To attract bookings, you need visibility. List your property on popular platforms like Airbnb, Booking.com, or local shortlet websites like NimbleCasa . Provide high-quality photos and a detailed description highlighting key features like location, amenities, and nearby attractions.
Include:
- Professional photos of each room
- A catchy title (e.g., “Modern 2-Bedroom Apartment in Lekki with Ocean View”)
- Transparent pricing and house rules
7. Market Your Shortlet Apartment
Social media is your best friend when it comes to promoting your property. Create an Instagram or Facebook page showcasing your shortlet with stunning visuals and guest testimonials. Collaborate with influencers or run paid ads to reach a wider audience.
8. Deliver Excellent Customer Service
A satisfied guest is your best advertisement. Respond promptly to inquiries, provide clear check-in instructions, and be available to address any concerns during their stay.
Bonus Tip: Leave thoughtful welcome packages like snacks, drinks, or handwritten notes. These small touches go a long way in earning positive reviews.
9. Monitor Performance and Adapt
Keep track of bookings, guest reviews, and income to see what works and what doesn’t. Adjust your pricing, amenities, or marketing strategies based on guest feedback and market trends
Turning your property into a shortlet apartment can be a very rewarding venture when done right. By providing a clean, comfortable, and secure space while delivering exceptional guest experiences, you’ll stand out in this competitive market. Start small, stay consistent, and watch your property transform into a profitable business!
To list your shortlet, visit our website www.nimblecasa.com
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