The growing industrialization and commercialization of Lagos as one of the fastest-growing cities in Africa continues to attract tourists and businesses alike to the city. This is not to highlight how many people are looking to explore the beauty of Lagos even in its busy days. One of the ways that people get to have a “home away from home” experience in the city is to get a serviced apartment. These places cater to different budgets and preferences. So whether you are a business traveler, digital nomad, or simply looking for a temporary home, understanding the cost of serviced apartments in Lagos is essential.
So let’s dive in.
What Are the Average Prices of a Service Apartment in Lagos?
The average price of a serviced apartment in Lagos varies depending on location, amenities, and duration of stay. Here are some of the approximate prices:
- Budget-Friendly Options: This is the least of shortlet apartments as its price is low. A budget-friendly option can range from N10,000 to N50,000 per night. This is approximately between N600,000 and N1.8 million per year.
- Mid-Range Apartments: This type of service apartment ranges from N60,000 to N120,000 per night, rolling over to between N1.8 million and N3.6 million in a year.
- Luxury Serviced Apartments: These are a type of apartment for diplomats and business executives as it is N150,000 and above for the night.
What Are the Popular Locations for Serviced Apartments?
1. Ikeja
Ikeja is the capital of Lagos, also dubbed as the heart of the city. This area is highly centralized such that it is closer to the Murtala Mohammed International Airport, consulate offices, luxury spas, supermarkets, etc. There is also a central business district and government secretariats at Ikeja, making it a bustling area. It is the availability of these major places that makes Ikeja a thriving hub for serviced apartments, notable of which is Nimbus Nook that is ideal for business executives, diplomats couples, small groups, etc.
2. Lekki
Lekki is a popular location in Lagos, as it is home to different businesses, embassies, and whatnot. There are many shortlet apartments for individuals and groups that have business dealing on Lagos Island with access to beautiful scenery.
3. Victoria Island
Victoria Island is another highbrow area in Lagos that houses businesses, consulate offices, and other notable private and public establishments. This area is basically for high-income people, making it a thriving place for shortlet apartments to cater to business executives, wealthy couples seeking a getaway, diplomats, etc.
Tips for Finding the Best Deals for Shortlet Apartments in Lagos
1. Research and Compare Prices Across Different Platforms and Location
You must do the due diligence of researching and comparing the cost of getting a serviced apartment. This would inform your decision on which service apartment you should get. Many shortlet apartment providers have an online visibility for you to know the various types of apartments that they have, as well as the cost of each apartment. For instance, Nimbus Nook offers shortlet apartments in Ikeja GRA, with the cost of each apartment and their respective features available on the website. This gives you clarity on what to expect.
Overall, the understanding of the price, location, and features would guide you on which service apartment to get.
2. Consider Longer Stays for Discounted Prices
Your duration of stay determines the deal you will get from the serviced apartment. This is as there is always a discount for longer stays – similar to making a bulk purchase at stores. Therefore, you may want to consider having a longer stay at an apartment to enjoy a discount compared to visitors having a short stay.
3. Negotiate Directly with Property Owners or Managers
There are some instances where you are able to negotiate the price of a serviced apartment directly with the owner or manager. Here is where your negotiating skill may come to fold so as to get the best pricing for your apartment.
Conclusion
The cost of serviced apartments in Lagos varies widely, but with careful research and planning, you can find options to suit your budget and preferences. Whether you are looking for luxury or affordability, Lagos has many to offer with Nimbus Nook ahead of the competitive curve of shortlet apartments in Ikeja Lagos.
