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- August 13, 2021
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What Is a Furnished & Serviced Apartment?
Are you an investor in real estate space looking to diversify your portfolio offerings? Have you heard of serviced apartments but don’t quite understand how it works to help you make more money from your apartment? A serviced apartment is an alternative form of accommodation that provides more features than a standard hotel room. Serviced apartments offer the comfort and convenience of private and homely living, with amenities such as fitted kitchens, additional communal areas, personal laundry services, high-speed internet access and other valuable inclusions.
In this blog post we will explain exactly what is a serviced apartment so that any apartments owners wishing to boost their business are equipped with the knowledge they need to make an informed choice.
What Is a Serviced Apartment? And How Does It Differ from a Traditional Rental?
For hoteliers looking for an alternative to traditional accommodations, furnished & serviced apartments are a great option. Unlike hotels, serviced apartments offer guests more space, privacy, and flexibility. They come fully furnished with kitchen facilities and other amenities, making them perfect for short & long-term stays. Serviced apartments offers you the convenience of staying together as a family in one unit.
Additionally, they offer a higher level of personal attention and service than you would find in a hotel. Guests can enjoy the comforts of home while still receiving all the benefits of a hotel stay. Serviced apartments offer a better return on investment due to their ability to be rented out for longer periods of time, resulting in increased revenue. This is because they provide a flexible and convenient accommodation option for both short-term and long-term stays, attracting a wider range of guests.
Serviced perform better in Nairobi city, Mombasa and Kisumu
Whether you are local tourist or international tourist you will agree with me that serviced apartments will give the best experience in Kenya, than traditional hotel, it gives you the sense of being home away from home, since it provides with space, fully functional kitchen, high speed internet, fully and functional bedroom(s) and full control of your unit.
The average price of furnished apartments for rent in Nairobi is KES 140,000 per month. The most expensive apartment costs KES 350,000 per month while the cheapest costs KES 40,000 per month. There are 2000 available furnished apartments for rent in Nairobi, Kenya, with Kilimani Nairobi Controlling about 60% of serviced apartments. The apartments have been listed by estate agents who can be contacted using the contact information provided for each apartment listing. Furnished and serviced apartments industry has provided direct and indirect jobs to a bigger percentage in Nairobi.
