Shortlet Apartment Business In Abuja

Abuja, the capital city of Nigeria is a place of attraction and steady bustling. The recreational centers, fancy restaurants, parks, government buildings, companies, etc have made it a great place for settlement. Abuja is one of the largest capital cities in Africa with a land mass of 1769 Square kilometers which is about 683 square miles. Abuja is a fast-growing city with a population of 3.8 m people which has made it a busy municipality. The bustling nature of the city has led to an increase in restaurants, hotels, and short-let rentals. Owning a shortlet business in Abuja is a wonderful investment because of the large number of people patronizing this business. If you are looking for how to start a short-let business in Abuja look no further! Because I will guide you through the process.

 

Why Short-let Apartment In Abuja Is Profitable

Shortlet apartment business in abuja is making a wave in the economy. This is a highly profitable business in Abuja if you are looking for a business with high revenue. Abuja has lots of recreational centers such as games centers, amusement parks, water parks, etc which make it a fun city for tourists. Apart from the fun activities, it is also a prominent business place attracting people from different locales. Here is why a short-let apartment in Abuja is profitable. You can read on how to market shortlet apartment in abuja

 

1.     Location: Abuja is a business center that attracts both local and international guests. Having an apartment in this place will be of great benefit because you will get both business travelers and tourists from different locations.
2.     Fast-growing environment: With the fast-growing environment your occupancy rate will be extremely high. Abuja is a bustling city and a great destination for tourists so setting up your short-let apartment in Abuja can be very profitable.
3.     High Pricing: Abuja is a capital city so renting a short-let apartment per night in Abuja is very pricey, especially if the apartment is situated in a good location. Things are always costly in the capital city of every country because of development and population of people, etc. Having the ability to optimize your pricing and still get bookings is very profitable.
4.     Constantly in high demand: As a business hub city, the need for a short-let apartment is usually high. International and local visitors are always searching for short-let apartments in the city which has led to high demand. Starting a short-let business in Abuja is very profitable because of the consistent demand from tourists, business travelers, and families.
5.     Diverse Market: The most interesting part of a short-let apartment business is the diverse market. The short-let apartment business allows you to connect with guests from diverse markets. A short-let apartment is a business that is open to different people from various careers, your guests can be tourists, business travelers, families, etc. When you start a short-let business in Abuja you get the opportunity to get bookings from both corporate guests to international visitors.
6.     Low Maintenance: Managing a short-let apartment is quite easy because it requires low maintenance compared to a long-term rental which will require high maintenance due to damages from tenants.
7.     Peak Season: If you own a short-let business in Abuja you can easily increase your prices in certain seasons. During certain events, you can increase your prices. Especially in seasons where events are high, you can optimize your pricing during these seasons and earn a high income. Having the ability to change your pricing when the need arises is an exciting thing in the short-let apartment business.
8.     Networking: The presence of political and business opportunities can increase your chances of networking with professionals. Having a short-let apartment business in Abuja can enhance continuous patronage from professionals.

 

Short-let apartment business in Abuja is very profitable because Abuja is a business city with different attraction centers. Tourists find places with attraction centers engaging, and families also find it interesting. Setting up a short-let apartment in a bustling city like Abuja can generate great income.

Hotel VS Short-let Apartment In Abuja

There are advantages of hotels and there are also advantages of short-let apartments. But most time it all depends on individual preference. Some people may prefer a small space like a hotel room while others will want a big space so that they can feel at home. Starting up a short-let business may be less expensive than starting up a hotel business in Abuja. Because hotels might require you to own a property, while you can rent a property to start your short-let business in Abuja. Some factors to consider between hotels and short-let apartments in Abuja.

1.     Amenities

 

• Hotel: Setting up hotels is usually very expensive because hotels have plenty of rooms that require different sets of amenities. So just imagine buying a different set of electric kettles, AC, water heaters, etc. Just to set up the rooms, you can do the calculation to find out.

 

• Short-let Apartment: if you want to start a short-let business you just need a few sets of amenities but in some cases, you can make your apartment unique by providing what will attract guests to your apartment. This can be adding a washing machine so that guests can wash their stuff anytime they use your apartment. You don’t have to add these unique amenities if you are on a budget.

 

2.     Furniture/Design

 

• Hotel: Setting up your hotel can be very expensive because you will need to design each room and buy furniture for each room. The hotel rooms might be much so furnishing all the rooms in the hotel will be very expensive.

 

• Short-let Apartment: Short-let apartment is usually less expensive to set up compared to a hotel because you solely focus on the few apartments you have to furnish.

 

3.     Cost

 

• Hotel: The cost of starting a hotel business is very expensive because you will need to get furniture and many amenities for all the rooms. This will require a lot of money to pull through.

 

• Short-let Apartment:  The cost of starting a short-let business is less expensive because the rooms are few and you do not need to buy much furniture and amenities to set up the space. You just need a few pieces of furniture and a nice décor.

 

4.     Privacy

 

• Hotel: The hotel environment is very busy because of the check-in and check-out of different guests. It may be difficult to maintain a quiet space in this type of environment. The presence of many staff in a hotel environment can lead to a lack of privacy.

 

• Short-let Apartment: In a short-let environment, there is more privacy because there are small staff and the staff are not over the place disturbing occupants. The rooms are few so there is more quietness in the environment.

5.     Pricing

 

• Hotel: The pricing in hotels is quite low because of the small space, although some hotels are expensive. Most people find hotels more affordable but the price may depend on the standard of the hotel. 5 stars hotels are very expensive and their space may not be worth the price. You can easily maximize your pricing when demand is high.

 

 

• Short-let Apartment: The pricing in a short-let apartment is less affordable because of the space. This is because a short-let apartment comprises different amenities and spaces. There is a kitchen, sitting room, working space, and unique amenities like a washing machine that will make guests feel at home. This type of space is beneficial for families and groups of friends who might want to spend less by living in an apartment. You can also optimize your pricing when the demand is high.

6. Space:

 

• Hotel: There are a lot of rooms in a hotel so starting a hotel business will require you to acquire a big space which will be costly in Abuja. The rooms in hotels are usually many, and some guests may find the room too small and might feel uncomfortable.

 

• Short-let Apartment: You can run an apartment business by renting a 2-bedroom apartment which is quite affordable.  Guests may find an apartment more comfortable because of the big space it offers.

 

7.     Guest Experience

 

• Hotel: Hotels offer a better experience to customers because of the many staff available. Most guests prefer staying in hotels because of the preferential treatment they get from the staff.

 

• Short-let Apartment: Guests may not have a great experience especially if they are always looking for staff to meet their needs. Most short-let apartments provide a local experience to their guests allowing guests to discover certain things themselves.

 

8.     Occupancy rate:

 

• Hotel: The occupancy rate in the hotel is high if the hotel is located in a good environment. In some cases, the rooms might be too small for occupants, and may decide to check out to a bigger space which can result in a lower occupancy rate.

 

• Short-let Apartment: The occupancy rate of a short-let apartment is high if the apartment is situated in an accessible environment. Business travelers, tourists, and families may prefer a short-let apartment because of the space.

 

9.     Booking

•  Hotel: The booking rate of hotels is usually high because of the large number of rooms. Guests can always get a room especially if the hotel has lots of rooms for occupants. The booking may require a process so it might not be flexible, some hotels will need you to contact them first to inquire about a room before booking the room.

 

• Short let Apartment: The booking rate in an apartment is not as high as that of a hotel. This is because most people can easily afford a hotel rather than an apartment. But the booking in a short-let apartment is quite flexible because guests can get a room even at the last minute.

 

10. Hiring Staffs:

• Hotel: The staff in a hotel is usually plenty because of the large occupancy. You will need to hire a lot of cleaners to do the maintenance in the rooms. Smaller staff will lead to a lack of productivity because of the fast-paced environment.

 

• Short-let Apartment: The staff in a short-let apartment are few you don’t need more staff because the rooms are few and the rate of activities in the environment is not high compared to a hotel. An apartment mostly has everything in it so guests can easily sort themselves out. 

 

Top 3 Reasons To Start A Short Stay Apartment In Abuja

If you have been thinking of starting a short-let apartment business in Abuja here is the top 3 reasons why you should start it now.

1.     High Revenue: The most important reason why you should invest in a short-let apartment is the continuous high revenue. Abuja has so many districts with high-value people and also attracts tourists and business travelers, starting up a short-let apartment in Abuja will be of great benefit.
2.     High Demand: The demand for short-let apartments is becoming high as a result of the increase in the economy. Corporate organizations are constantly patronizing short-let apartments for corporate functions. Apart from corporate bodies, people from different locations are constantly visiting Abuja due to the recreational facilities and entertainment events.
3.     Good Location: Abuja is a bustling city which makes it a good location for short-let apartments. Abuja is an upscale city with unique architecture, attracting visitors and tourists from different parts of the world. The different corporate structures and government offices mostly attract business professionals to the city which makes it a great location to start a short-let business.

 

 

Good Location In Abuja For Short-let Apartment

When you want to start your short-let apartment your main focus should be how you can acquire a good location. Abuja has so many locations that will be befitting for short-let business. Using a good location for your short-let apartment will increase your occupancy rate and your income. The essential step before starting a short-let apartment business in Abuja is acquiring a good location. Although, it is not usually easy to get a property in these great locations because of the high demand and the cost of renting a property. If you want to start a short-let business in Abuja you should consider these locations.

 

Locations

Maitama: Maitama is one of the most exclusive districts in Abuja with dynamic architecture including upscale shopping centers, restaurants, residential houses, and government buildings. Maitama is known for its unique neighborhood with luxury apartments, hotels, and restaurants.

Why Maitama is suitable for short-let business: Maltama is a well-planned area with upscale infrastructure. This area is suitable for short-let businesses because of the dynamic environment,  which will attract high-income customers.

Cost of apartment in Maitama: The cost of apartments in Maitama varies depending on the location, and type of property. The cost of a 2-bedroom apartment in Maitama ranges from N2 Million – N8 Million.

Cost of setting up an apartment in Maitama: The cost of setting up an apartment will depend on so many factors which can include rent, amenities, furnishing, décor, maintenance, legal fees, etc. You will need to put everything together to be able to set up a good home in Maitama which can cost you N12 Million – N20 Million.

Cost of marketing and listing: Marketing your short-let apartment online will attract guests to your apartment. Listing your short-let apartment on different short-term platforms like Airbnb, booking.com, etc, is usually free. You only get to pay a small fee anytime you get bookings from these platforms. The cost of marketing your apartment will depend on the method you want to use. Collaborating with big influencers is quite expensive.

Security and Safety in Maitama: The unique setting of the environment with the upscale neighborhood makes it a safe place for business. The environment is well-secured and welcoming to guests.

 

Wuye: Wuye is a district in Abuja sharing borders with Utako and Jabi, it is located in phase 2 of Abuja. Wuye has a modern infrastructure, dynamic layout, and commercial offices. Wuye district is a business district that attracts business travelers.

Why Wuse is suitable for short-let business: wuye is a business district with different commercial offices and government offices which makes it an excellent location for short-let business.

Cost of apartment in Wuye: The cost of an apartment in Wuye will have to do with the size and the quality of the apartment. There are different areas in Wuye to get an apartment but the location will determine the cost. In some areas, you can see a 2-bedroom apartment that ranges from N1.2 million – N3 million. While a 3-bedroom apartment ranges from N2 million – N4 million.

Cost of setting up an apartment in Wuye: In Wuye setting up an apartment is not fixed. Your cost will depend on so many variables such as the rental cost, utilities, amenities, furniture and décor, etc. The quality of the facilities you want will determine your overall cost.

Cost of marketing and listing: There are many ways to market your apartment business in the district for free, you can collaborate with local businesses in the district to improve your marketing or you can search for listing platforms like Airbnb to list your apartment.

Security and safety in Wuye: Wuye has a very large population with beautiful architecture. The district is a busy place with different types of buildings that attract visitors. The area has security guards that protect the environment.

 

Jahi: Jahi is a developing urban area located in phase 2 in Abuja with residential homes and businesses. The development of this district has made it known to many people, that “it is a bustling area with a lot of fun activities”. There are beautiful buildings in this neighborhood such as fancy restaurants, shopping centers, and hotels.

Why Jahi is suitable for short-let business: The district consists of both residential buildings and commercial properties making it an attractive destination for business. The district is located close to the major highway making it easy access for business travelers.

Cost of apartment in Jahi: Jahi has so many beautiful structures with different prices the price for a 2-bedroom apartment is between N1 million – N3 million.

Cost of setting up an apartment in Jahi:  Before you think of setting up your apartment in Jahi you should think about how you want your apartment to appear to your guest. There is no fixed cost because everyone has their different preference when it comes to furniture and décor.

Cost of marketing and listing: The cost of marketing your short-let apartment will depend on certain factors which will include the type of property and the method you intend to use.

Security and safety in Jahi: The environment is safe and secure for visitors from anywhere in the world. The understanding nature of the neighborhood makes it a safe environment for business.

 

Guzape: Guzape is a developing district in Abuja situated in Phase 1 in the city of Abuja. Guzape is a developing district with lots of residential estates and schools. It has become a place of attraction due to its upscale buildings, shopping centers, and recreational facilities.

Why Guzape is suitable for short-let business: Guzape is close to business areas which makes it a good place for short-let business. The unique residential buildings and luxury hotels and restaurants make it a befitting location for short-let business.

Cost of apartment in Guzape: The serene environment and the beautiful architecture have made it a bit pricey to acquire an apartment. The cost of a 2-bedroom apartment in Guzape ranges from N2 million – N4.5 million.

Cost of setting up an apartment in Guzape: When setting up an apartment you should consider the costs of the rent, facilities, utilities, legal fees, etc. The overall costs of the various items will give you a specific amount of your budget.

Cost of marketing and listing: Most times listing is free on short term rental websites, you only spend money for marketing your apartment which can be done with the help of social media.

Security and safety in Guzape: Having an apartment in Guzape is a great idea because the environment is an upscale place with high-value people so it’s a safe and secure place for business.

 

Asokoro: Asokoro is a blend of modern infrastructure including government buildings, schools, recreation areas, shopping centers, restaurants, luxury hotels, etc. This district has beautiful architecture with proximity to government buildings.  

Why Asokoro is suitable for short-let business: The district consists of commercial buildings and upscale residential houses that attract tourists and business professionals making it a great place for short-let business.

Cost of apartment in Asokoro: Apartments in this district are of different sizes and qualities but you can get a 2-bedroom apartment from N2.5 million – N6 million.

Cost of setting up an apartment in Asokoro: Your choice of décor and facilities will determine the cost of setting up an apartment in Asokoro. With a minimal décor, you can set up an apartment ranging from 12 Million Naira – 20 Million Naira.

Cost of marketing and listing: After setting up your apartment, you can list it for free on Airbnb and other rental websites. Marketing your apartment can be free if you choose a simple marketing strategy.

Security and safety in Asokoro: The district of Asokoro is an upscale urban center with diverse neighborhoods and government offices making it a safe place for business.

 

Gwarimpa: Gwarimpa is a very big district with different phases. It has a dynamic structure with a combination of residential neighborhoods, schools, business offices, restaurants, hotels, shopping centers, etc. The district is an accessible location with a good road network making it a perfect destination for business travelers.

Why Gwarimpa is suitable for short-let business: The district is a combination of both residential housing and commercial buildings. Which has made it a great neighborhood for short-let businesses. 

Cost of apartment in Gwarimpa: The area is unique with great architecture, acquiring a 2-bedroom apartment in this district is between N1.3 million – N3 million.

Cost of setting up an apartment in Gwarimpa: Everybody has their preference when it comes to interior design. If you want luxury your budget will be high but if you want minimal decor your budget will be low. You will need to consider the cost of the following; property acquisition, facilities, utilities, décor, etc to come to a cost.

Cost of marketing and listing: Listing your apartment on rental websites is mostly free. Marketing your apartment may be free if you are using just listing platforms. You may spend more if you decide to use other routes for marketing.

Security and safety in Gwarimpa: The environment is safe and calm for business. The district is a vibrant place with a lot of activities which can be considered a safe environment for businesses.

 

Lifecamp: Lifecamp is located in phase 3 in Abuja city. It is a popular residence with beautiful architecture and easy access to other locations. The district is a blend of residential housing, hotels, restaurants, shopping centers, and recreational activities.

Why Lifecamp is suitable for short-let business: The district is very peaceful and quiet with unique amenities that attract families and tourists which has made it a convenient location for short-let business.

Cost of apartment in Lifecamp: Lifecamp has affordable housing for families but this is strictly on location and accessibility. To get a 2-bedroom apartment you will need N1.5 Million – N3 Million.

Cost of setting up an apartment in Lifecamp: This will depend on your type of furniture, amenities, utilities, interior décor, etc. There is no exact cost when setting up a space; it is usually based on individual preference.

Cost of marketing and listing: For you to be able to market and list your apartment you will need to draw a budget based on the following, short-term rental websites, photography, cost of managing the apartment, the cost of social media marketing, etc.

Security and safety in Lifecamp: The environment is highly secure and safe for visitors, residential homes, and businesses.

 

Wuse: Wuse district is a bustling district in Abuja that is divided into 2 districts and different Phases. The area is very large with beautiful architecture with a mix of restaurants, markets, shopping centers, residential houses, business offices, etc. The district has lots of entertainment facilities making it unique.

Why Wuse is suitable for short-let business: The district is mixed with residential housing, shopping centers, business centers, entertainment centers, etc making it a suitable location for short-let apartment business.

Cost of apartment in Wuse: Wuse has different regions with different infrastructures, the location will determine the cost of an apartment. You can get a 2-bedroom apartment in Wuse from N2 million – N5 million.

Cost of setting up an apartment in Wuse: If you want to set up your short-let in Wuse you may need to go for more attractive decor because of its competitive environment. This may result in a huge sum of money if you want your apartment to stand out.

Cost of marketing and listing: For you to have a cost for your marketing and listing you need to know the type of marketing strategy you want to use for your short-let business first, then this will give you a clue of the cost.

Security and safety in Wuse: Wuse is a bustling location with various activities including entertainment events, shopping, and recreational activities, with security personnel in place, which makes it a safe place for business.

 

Katampe: Katampe is a very quiet residential area with upscale infrastructure. The district is a developing area situated in phase 2 in Abuja. The neighborhood consists of beautiful residential houses, commercial buildings, schools, restaurants, etc. The developing environment has made it attractive to families and business professionals.

Why Katampe is suitable for short-let business: The modern facilities and commercial buildings in the district make it a suitable location for short-let business.

Cost of apartment in Katampe: The cost of an apartment in Katampe is not that affordable due to the continuous development ranging from N1.3 million – N5 million for a 2-bedroom apartment.

Cost of setting up an apartment in Katampe: The cost of setting up an apartment in Katampe will depend on the quality of furniture and décor you want to use for the apartment.

Cost of marketing and listing: The cost of marketing varies from 50,000 Naira and above. Most of the online listing platforms offer free hosting services; you may only be required to pay a commission anytime you get a booking.

Security and safety in Katampe: Katampe is a quiet and safe environment that encourages businesses. The environment has private security officers ensuring the security of the premises.

 

Utako/Jabi: Utako and Jabi are situated close to each other in Abuja. Jabi is a very popular district in Abuja with lots of recreational activities including entertainment facilities, shopping centers, Jabi Lake, etc. Utako is an upscale area with beautiful architecture and views, the district is a mix of commercial areas and residential areas.

Why Utako/Jabi is suitable for short-let business: The environment is an upscale residence with modern infrastructure making it a good location for short-let business.

Cost of apartment in Utako/Jabi: You can get a 2-bedroom apartment in these areas ranging from N2 million – N5 million depending on the location and quality.

Cost of setting up an apartment in Utako/Jabi: The cost of setting up an apartment in Utako/Jabi varies depending on the type of facilities you want in your apartment.

Cost of marketing and listing: If you want to market and list your apartment you will need to consider the factors that will affect the cost that should give your overall budget. 

Security and safety in Utako/Jabi: Utako/Jabi is a safe and secure place for business. The serenity of the environment makes it a secure place for business professionals.

 

Other Locations In Abuja You May Want To Consider

 

Lokogoma: Lokogoma is a fast-growing district in Abuja located on the outskirts of Abuja. The district is becoming popular due to the ongoing development, the district is a blend of schools, markets, residential houses, hotels, recreational centers, etc. Lokogoma is a great place for professionals and families because of its balance.

Why Lokogoma is suitable for short-let business: The mixture of both modern facilities and developing infrastructure makes it a suitable location for short-let business.

Cost of apartment in Lokogoma: Lokogoma is a fast-developing district with affordable apartments, you can get a 2-bedroom apartment in Lokogoma from N800,000 – N3 million depending on the location.

Cost of setting up an apartment in Lokogoma: The cost of setting up an apartment in Lokogoma will be determined by your type of furnishing and interior decoration.

Cost of marketing and listing: The cost of marketing and listing are solely based on different factors such as your different marketing strategy.

Security and safety in Lokogoma: The district is a very quiet and peaceful area with some security personnel in place to prevent any incidents from occurring.

 

Kubwa (F01): Kubwa F01 is a quiet and serene environment with developing infrastructures. Kubwa is a popular place in Abuja with proximity to different parts of the city. This district has many estate buildings and business offices making it attractive to families and businesses.

Why Kubwa is suitable for short-let business: The vicinity is quiet and calm with modern infrastructure which includes offices and residential units making it a suitable location for short-let business.

Cost of apartment in Kubwa F01: Kubwa F01 has so many great infrastructure to start a short-let business. As a fast-growing area with improved infrastructure, you can get a 2-bedroom apartment from N900,000 – N3 million in Kubwa F01.

Cost of setting up an apartment in Kubwa: The cost of setting up an apartment in Kubwa will depend on your choice of furnishing and décor, amenities, and rental costs.

Cost of marketing and listing: Marketing your apartment will depend on the quality of your home, and online marketing. If you can list your apartment on Airbnb you can optimize it to get more bookings for free.

Security and safety in Kubwa: Kubwa F01 is a safe and secure environment, it’s close to an army barrack making it safe for residents and businesses in the area.

 

Lugbe: Lugbe is a developing district with proximity to different parts of the city. It is close to the airport road making it accessible to the Nnamdi Azikiwe International Airport. The district is a mix of both residential homes and business offices. The quiet nature of this district makes it attractive to families.

Why Lugbe is suitable for short-let business: The district is a mix of both residential areas and commercial areas making it a suitable area for short-let business.

Cost of apartment in Lugbe: You will need a minimum of N800,000 to get a 2-bedroom apartment in Lugbe. A two-bedroom apartment in this environment ranges from N800,000 – N2.5 million depending on the location and size of an apartment.

Cost of setting up an apartment in Lugbe: The cost of setting up your apartment will be determined by the type of furnishing and décor, amenities, utilities, property cost, etc.

Cost of marketing and listing: You can market and list your apartment for free on online listing websites like Airbnb and booking.com. If you want advanced marketing you will need to spend money.

Security and safety in Lugbe: The environment is safe and secure for both businesses and residents, you can protect your property by hiring security guards.

 

 

5 Things People Consider Before Booking An Apartment In Abuja

When booking an apartment in Abuja people usually consider different factors including location, accessibility, cost, amenities, security, etc. Here are the 5 things people consider before booking an apartment in Abuja.

 

1.     Location: When people are looking for an apartment to book the most important thing they will check before booking an apartment in Abuja is the location. They usually go for places with easy proximity to work, recreational areas, restaurants, airports,  bus terminals, etc.
2.     The Price: Anytime an individual wants to book for a room they will first check for the price before they even consider booking the room. Most people usually search for affordable apartments with dynamic features.
3.     Amenities: Most people search for apartments with special amenities including washing machines, dryers, hot tubs, etc before booking an apartment.
4.     Policy: Before people book for an apartment they might check if they are allowed to bring their pets along with them. This is very common with pet lovers. Some apartments may even have a specific number of guests policy in a particular room. This is one of the reasons why people will always inquire before booking any apartment.
5.     Safety and Security: When individuals want to book an apartment they will check if the vicinity is safe for them to stay. Nobody wants to stay in an unsecured location. Some might even check If the apartment has security guards in it, and if there are any security measures to adhere to when staying in the apartment.

 

Conclusion: In Summary, you can start a shortlet apartment business in Abuja if you put to use all the steps I have listed in this article. Abuja is a promising location with lots of recreational activities that attract tourists from different parts of the world. The upscale buildings and beautiful architecture make it a perfect place for short-let business. You can start a short-let business in Abuja and make a high profit in return due to the high demand.

 

Frequently Asked Questions

1.     Where Do I Find A Good Property In Abuja For My Short-let Business?

If you want to get a good property in Abuja you will need a property agent to help you find one because it might be hard for you to find one without using a property agent. Abuja has so many locations with reasonable property. You can find an apartment agent who can assist you in getting a suitable property for your short-let business. Locations to consider are Maitama, Wuse, Katampe, Kubwa F01, Jahi, Wuye, etc.

2.     How Much Do I Need To Start A Short-let Business In Abuja?

There are so many factors to consider if you want to start a short-let business in Abuja because these factors will be used to determine your overall budget. Location is the first thing that will determine the rental cost. Other factors are amenities, utilities, furniture, décor, and apartment management costs.  

3.     How Do I Start A Shortlet Apartment Business In Abuja?

To start a short-term business in Abuja will need to get a good location first, then followed by the cost of setting up the apartment, marketing and listing, and security measures. Starting an apartment business will require time and consistency. You can either do it yourself or hire a property manager to do it for you.