Have you noticed how more people are choosing flexible, home-like stays over traditional hotels when visiting Enugu?
Short-let rentals think fully furnished apartments or houses booked for days or weeks via platforms like Airbnb, Booking.com, or local apps are taking off in the city. This trend is creating exciting opportunities for property owners and investors, especially in a place like Enugu that’s gaining traction as a peaceful, culturally rich destination.
Currently, Enugu is emerging as one of Nigeria’s promising spots for short-term rentals, driven by tourism growth, diaspora visits, business travel, and improving infrastructure. Let’s break down why this is happening and how it opens doors for smart investments.
Why Short-Let Rentals Are Growing in Enugu
Enugu, often called the “Coal City,” has a lot going for it: scenic hills, rich Igbo heritage, cultural sites like the Enugu Cultural Centre, and attractions such as the Nike Lake Resort (now under major redevelopment with luxury villas, golf courses, and eco-features). The city draws visitors for festivals, family reunions, business, and Nollywood shoots.
Tourism is on the rise, with government investments in infrastructure (new roads, Enugu Air expansion) and initiatives to attract more visitors, including diaspora Nigerians returning for holidays like Detty December.
These boosts demand for private, comfortable accommodations, short-lets offer privacy, full kitchens, and home comforts that hotels sometimes lack, especially in a post-pandemic world where people value space and security.
Platforms like Airbnb rank Nigeria among Africa’s fastest-growing markets, with emerging cities like Enugu benefiting from lower saturation than Lagos or Abuja. Listings in Enugu have grown steadily, with active properties offering furnished units in areas like GRA, Independence Layout, Emene (near the airport), and Centenary City.
Demand peaks around May for events and dips in shoulder months like September, giving hosts room to adjust pricing.
Key Opportunities for Investors
Short-lets often deliver higher returns than long-term rentals because daily or weekly rates add up quickly. In major Nigerian cities, short-term yields can exceed traditional ones, with some reports showing 30% more profit potential.
In Enugu and similar emerging spots, overall residential yields hover around 4-6%, but short-lets in well-located, amenity-rich properties can push higher due to premium pricing.
Investors capitalize by:
• Buying or building in high-demand areas near the airport, cultural sites, or new developments.
• Furnishing fully and adding extras (smart TVs, generators, gardens) to attract business travelers, families, or diaspora visitors.
• Listing on multiple platforms for steady bookings.
The lower entry costs in Enugu compared to Lagos make it attractive for first-time investors or those diversifying portfolios. With tourism targets aiming for millions of visitors and infrastructure upgrades, occupancy and rates could rise further in 2026.
What Makes a Property Stand Out for Short-Lets
Success comes from location, quality, and extras. Guests seek serenity, convenience, and resort-like vibes think gated access, lush gardens, recreational spaces, and modern comforts. Properties in planned estates with these features often book faster and command better rates.
Challenges to Consider
It’s not all smooth: Competition is growing, so quality matters. Power reliability, security, and maintenance are key hosts need reliable backups.
Regulations may tighten as the market expands, and platforms take fees. Starting small or partnering with managers helps.
Conclusion
A Timely Opportunity.
Short-let rentals are reshaping Enugu’s real estate, turning properties into income generators while meeting rising demand for flexible stays. With tourism and diaspora interest building, it’s a promising space for investors seeking higher yields and growth.
If you’re exploring this, perhaps with a resort-style property that offers gardens, security, and amenities ideal for short-term guests, Viva-Gold Real Estate’s Royal Garden & Resort in Ugwogo Nike area is perfectly positioned. It blends serene living with strong rental potential.
Interested in how this could work for you? Contact us at +234 8132215202, email info@vivagoldrealestate.com, or visit vivagoldrealestate.com to discuss opportunities.
