Yaba / Surulere Short-Lets
Yaba is Lagos's Silicon Valley — the tech corridor attracts a young, mobile workforce that prefers short-lets over annual rent commitment. N15K-N40K/night is accessible for most working professionals. Surulere adds entertainment options.
₦15K–40K/night80% occupancy22% net yieldMainland
Typical amenities in Yaba / Surulere short-lets
power (12-18hrs + inverter)wifiACproximity to tech hub
Short-let vs Hotel vs Annual rent — Yaba / Surulere
The same apartment as a 1-night short-let, 1-month short-let, hotel room and annual rental. Last 4 columns show what's included.
1-bedroom apartment
| Option | Per night | Per month | Per year | ⚡ | 📶 | 🧹 | 🛋️ |
|---|---|---|---|---|---|---|---|
Short-let (per night × 30) Budget mainland short-let. Inverter backup. | ₦25K | ₦750K | ₦9.0M | ✅ | ✅ | ❌ | ✅ |
Short-let (monthly rate) Monthly Yaba rate. | — | ₦350K | ₦4.2M | ✅ | ✅ | ❌ | ✅ |
Annual rent (per month) Annual rent N1.2M-N2.5M/year for 1-bed in Yaba. | — | ₦150K | ₦1.8M | ❌ | ❌ | ❌ | ❌ |
Yaba / Surulere short-let investment snapshot
Buy price
₦25M
Furnishing
₦4M
Annual net income
₦5M
Net yield
22%
Lagos Short-Let Platforms Compared
6 platforms — Airbnb, Spleet, Shortlethomes, PropertyPro, Jiji, Booking.com. Commissions, listing counts and verification levels.
| Platform | Commission | Lagos listings | Verification | Insurance |
|---|---|---|---|---|
🏡Airbnb International travelers, diaspora visitors, tourists | 14% | 3,000 | ID Verified | ✅ |
🟢Spleet Young professionals, Nigerian-to-Nigerian bookings | 10% | 800 | Background Check | ❌ |
🏠Shortlethomes Verified premium listings in Lekki and VI | 12% | 500 | ID Verified | ❌ |
🔵PropertyPro Largest selection, direct-to-landlord negotiation | FREE | 6,262 | Basic | ❌ |
🟡Jiji Budget options, mainland listings, direct deals | FREE | 4,595 | Basic | ❌ |
🔷Booking.com Serviced apartments, hotel-like short-lets | 15% | 500 | ID Verified | ✅ |