Location is everything in the shortlet business. A beautifully furnished apartment in the wrong area may struggle with bookings, while a decent property in a high-demand location can generate consistent income.
If you’re planning to invest in Airbnb or shortlet apartments in Lagos, here are the best areas currently attracting travelers, business professionals, tourists, and high-paying guests.
1. Lekki Phase 1 – The Shortlet Hotspot ⭐
Lekki Phase 1 remains one of the strongest shortlet markets in Lagos.
Why investors love it:
- High demand from young professionals and expatriates
- Vibrant nightlife and lifestyle scene
- Close to beaches, restaurants, and malls
👉 Strong occupancy rates and premium nightly pricing make Lekki highly profitable.
2. Victoria Island (VI) – Best for Business Travelers 💼
Victoria Island attracts:
- Corporate executives
- International visitors
- Business travelers
Key advantages:
- Major offices and commercial activity
- High-end lifestyle environment
- Strong weekday booking demand
👉 VI works exceptionally well for premium business-focused shortlets.
3. Ikoyi – Luxury & High-End Investment 🏆
Ikoyi is one of the most prestigious locations in Lagos.
Why it stands out:
- Luxury clientele
- High security and serene environment
- Premium rental pricing
👉 Although setup costs are higher, Ikoyi attracts high-paying guests consistently.
4. Ikeja – Mainland Business Advantage ✈️
Ikeja is ideal for:
- Airport travelers
- Corporate visitors
- Budget-conscious business guests
Key benefits:
- Proximity to the airport
- Strong mainland commercial activity
- Lower entry cost compared to Island locations
👉 Ikeja combines accessibility with strong business demand.
5. Ikate & Chevron Axis – Fast-Growing Shortlet Market 📈
These areas are becoming increasingly popular because they offer:
- Modern apartments
- Better affordability compared to Lekki Phase 1
- Easy access to major roads and lifestyle hubs
👉 Investors get strong value with growing booking demand.
6. Ajah – Affordable Entry Point 💰
Ajah is attractive for investors seeking:
- Lower property acquisition costs
- Long-stay guests
- Growing residential demand
👉 While nightly rates may be lower, entry costs are also more affordable.
7. Yaba – Tech & Youth-Driven Demand 💻
Yaba’s growing tech ecosystem has increased demand for:
- Affordable shortlets
- Flexible business stays
- Remote-work-friendly apartments
👉 Great option for budget and mid-range investment strategies.
8. Surulere – Central & Underrated 📍
Surulere offers:
- Central accessibility
- Strong local demand
- More affordable property pricing
👉 It’s becoming attractive for mid-range shortlet investments.
What Makes an Area Good for Shortlet Investment?
Before investing, evaluate:
✔ Accessibility
✔ Security
✔ Business activity
✔ Lifestyle attractions
✔ Traffic patterns
✔ Demand consistency
👉 Great locations attract both bookings and premium pricing.
Final Thoughts
The best area for Airbnb and shortlet investment in Lagos depends on your strategy:
- Luxury & premium pricing: Ikoyi, Victoria Island
- Balanced profitability: Lekki Phase 1
- Affordable investment: Ajah, Surulere
- Business-focused demand: Ikeja
- Growth potential: Ikate, Chevron, Yaba
👉 Smart investors don’t just buy property—they buy location advantage.
Looking to invest in profitable shortlet properties in Lagos?
LandMall Shortlets & Apartments helps investors:
👉 Identify high-demand locations
👉 Set up profitable shortlet apartments
👉 Furnish and manage properties professionally
👉 Maximize occupancy and returns
📩 Contact us today and start building a shortlet investment that performs long-term.
Because in real estate,
the right location changes everything.
𝘍𝘰𝘳 𝘐𝘯𝘲𝘶𝘪𝘳𝘪𝘦𝘴|𝘐n𝘴𝘱𝘦𝘤𝘵𝘪𝘰𝘯|𝘙𝘦𝘴𝘦𝘳𝘷𝘢𝘵𝘪𝘰𝘯𝘴, 𝘱𝘭𝘦𝘢𝘴𝘦 𝘊𝘢𝘭𝘭/𝘞𝘩𝘢𝘵𝘴𝘈𝘱𝘱:-
📳 09019001191
📩 landmallshortlets@gmail.com