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News

Serviced Apartments

End Financial Constraints: Kenyans Turn to Serviced Apartments

By

alifhomes

Posted in Uncategorized On August 6, 2024

Nairobi, the vibrant capital of Kenya, is the perfect place to experience exhilarating
luxurious living. Kenya’s economic growth and increasing affluence contribute to the provision of high-rise properties that cater to all people looking to experience a high-
class lifestyle. This is evident from panoramic views from humongous balconies of high-rise
properties. However, even with the high chase of a high-class life, financial difficulty still
beckons among Kenyans. As a result, many have taken up the opportunity of turning the
properties they buy into Airbnb or serviced apartments as a way of making extra cash.
Let’s take a look at how this has been possible.
Many High-rise properties in Nairobi are very well positioned. This makes them have a
nearness to Nairobi’s central business district. Some of these are in properties in
Parklands, Westlands, Kilimani, etc. In these areas, you’ll find a collection of properties
that redefine luxury living.
A great example is Utopia Parklands by Alif Homes. Many such properties offer
breathtaking views of the cityscape, and provide amenities such as private rooftop
terraces, infinity pools, and state-of-the-art home automation systems.
The interiors come with bespoke furnishings, high-end finishes, and the latest in
cutting-edge technology, ensuring the ultimate comfort and indulgence.
Amidst Kenyans seeking more privacy and seclusion, these properties in Nairobi
become the best options because of what they offer. The spacious interiors, featuring
elegant living spaces, gourmet kitchens, and lavish en-suite bedrooms are the very
things people are looking for.
These exclusive features make investors make the best out of them by putting up their
properties as Serviced Apartments instead of living in them themselves.
The continued demand for a feeling of Home away from home, Personalized services
Comfort and space, Flexibility, Cost-effectiveness, Convenience, and Privacy are some of
the very factors that have contributed to the growth of Serviced Apartments in Kenya.
The performance of the serviced apartments improved with the occupancy rates coming
in at 66.3% in 2023, a 0.5%-point increase from the 65.8% recorded in 2022.
Serviced apartments come with housekeeping, practical amenities, and excellent guest
services, curating a home away from home for their guests. Keep reading to discover
how personalized services, comfort, flexibility, cost-effectiveness, and privacy shape the
experience of staying in serviced apartments.
As the city continues to flourish and attract investors, Nairobi’s life is Serviced
Apartments are likely to expand, presenting even more enticing opportunities for those
seeking a life of privacy, comfort, and cost-effectiveness.

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