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Shortlethomes Redefines Short Let Rentals

Fintech. 

Shortlethomes Redefines Short Let Rentals 

Digital Landlords Nigeria Limited, the company that owns Shortlethomes, has opened the 1677 Mayfair Apartments, the latest addition to its growing rental portfolio, as part of its ongoing efforts to broaden access to short-term rental opportunities and establish market leadership.

1677 Mayfair Apartments, located in the fashionable end of Victoria Island in Lagos, Nigeria, offers quality serviced and fully furnished luxury short and extended stay accommodations with a range of premium amenities and services for both short and long stays. Family vacations, business travelers, corporate groups, and expat stays are all possible at the facility. Relocation is also an option.

Digital Landlords' founder and CEO, Mr. Keji Giwa, commented on the development, stating that the facility is well positioned to become the preferred destination for travelers and visitors seeking luxury while away from home. In Mr. Giwa's words, "living in the 1677 Mayfair Apartments is similar to living in a 5-star hotel in central London," with easy access to the island's best bars, restaurants, and nightclubs, as well as the best of Lagos Island's nightlife.

In 1980's colonial architectural design for expatriates, the 1677 Mayfair Apartments were conceived. They were then redesigned to meet the needs of today's modern Nigerians, both at home and abroad. Located on Victoria Island, the magnificent and contemporary fully serviced apartments are named after prime central London locations. The complex includes two penthouses and eight three-bedroom apartments, all of which are named after prime central London locations. This was done in order to give the impression that you are in the heart of London,” he continued.

Reason for opening 1677 Mayfair Apartments

Mr. Giwa went on to say that his company's decision to open 1677 Mayfair Apartments was necessary in order to increase access to short-term rental apartments while also providing a unique experience when compared to traditional hotels, which was previously unavailable.

“Travelers and residents of Lagos yearn for luxury, convenience, comfort, and a once-in-a-lifetime experience, all of which can be found at the Lagos International Airport. This is something we take seriously when it comes to our short-term rental offerings, ensuring that we provide the highest quality services, sufficient security, and the most luxurious accommodations available anywhere on the planet.” As previously stated by Mr. Giwa.

The short-term rental market, according to Market Watch, has experienced significant growth in recent years and is expected to continue growing at a rapid pace over the next five years, with occupancy rates expected to reach 70 percent by the end of 2021.

"Nigeria is undergoing a real estate boom, fueled by high yield rental income from short-term rental opportunities," Keji Giwa stated in response to this. This represents a tremendous opportunity for the hospitality industry to provide access to high-quality short-term rental apartments for a reasonable price. In the event that this expansion continues, it will be like a tidal wave. You might be interested in finding out more information about Digital Landlords and Shortlethomes. Please refer to their respective websites for more information. It is a gentle reminder to hotels offering rooms at the same rates that consumers can obtain an entire apartment for the same price or, in some cases, for much less,” he stated in his statement.

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