As the name suggests, shortlets refer to furnished self-contained apartments rented for brief periods. Typically, it could be anything from a week to a few months as opposed to yearly rentals in the unfurnished apartment rental market. When it comes to lodging, shortlet apartments offer what business insiders refer to as ‘affordable quality’.
These short-term rental apartments are emerging as a hotel substitute due to their accessible luxury. In Nigeria, the short-term rental market is expected to expand rapidly over the next five years, with occupancy rates expected to reach 80% by the end of 2022.
Shortlet apartments come in various styles to suit most businesses and travellers. Examples of luxury amenities available are kitchens, living and dining rooms, bedrooms, swimming pools, laundry services, high-speed internet, and gyms. Furthermore, most business owners offer cleaning and facility management services to help keep the apartment in good condition while it is in use.
Due to the ease of moving out and the lack of commitment to long-term rent, shortlets are perfect for people who are constantly on the move for work, family, or business reasons. Shortlet rentals give you more freedom because they are more accessible; you won’t have to purchase furniture and remove it when you move out. In addition, it requires no deposit, less paperwork, and no notice period with the rent.
Some of the benefits of shortlets in Nigeria include the following:
- People are travelling more, not just for pleasure; employees have grown accustomed to flexible business travel with multinational corporations looking to share skills and experience across borders. When travelling for leisure, people want to immerse themselves in the culture of the country, discovering the best-hidden gems. Whereas when travelling for business, people want space and home-from-home amenities. So, everyone wants to feel at home, whether on a business or pleasure trip. Shortlets provide the necessary homey feeling without the need for costly hotel accommodations.
- Due to the variety of spaces available, guests have more options to unwind and enjoy their trip without feeling cramped or spending more money on paying for multiple rooms, as would be the case with a traditional hotel model.
- By selecting a shortlet apartment, you can have your own fully-equipped kitchen and enjoy the freedom and flexibility of cooking, controlling what and when you eat. In addition, this will allow you to eat healthier options while saving money (and energy) on eating out every meal.
- The privacy that rental shortlets provide is one of their best qualities. You don’t need to stay in the small confines of one room like in a hotel, sharing most of your walls with strangers, when you have much more space for entertaining and unwinding. Additionally, it eliminates the need to rent expensive office space or attempt to work in noisy public areas.
- Whether renting as a group with friends, family, or coworkers, having separate rooms within your private residence can change the experience, making it more social and significantly more productive when working as a team. This is true without sacrificing the privacy of shutting your door at the end of the day. You have even more space to work with because many short-term rental apartments include common areas, reception areas, and gardens.
- If you’re lucky, your hotel room might have a dresser, wardrobe, desk, or small couch in addition to a bed and a bathroom. Shortlet apartments come fully furnished with all of the standard household furniture. As a result, you won’t have to eat takeout while seated on your bed or spend your days tripping over your suitcase. When it’s your home every night for a while, even seemingly insignificant things like having a place to hang your clothes, a couch and coffee table to relax on, and a kitchen to cook in make a big difference.
So, whether you’re planning a city break, relocating to the city, or working here temporarily, Heristays shortlets should be at the top of your list for flexible living.
We have shortlets in Victoria Island, Lekki and the Ikoyi areas of Lagos state.
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