Sangotedo Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Lagos State, Nigeria
Is Airbnb profitable in Sangotedo in 2025? Explore comprehensive Airbnb analytics for Sangotedo, Lagos State, Nigeria to uncover income potential. This 2025 STR market report for Sangotedo, based on AirROI data from May 2024 to April 2025, reveals key trends in the niche market of 26 active listings.
Whether you're considering an Airbnb investment in Sangotedo, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Sangotedo Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Sangotedo Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Sangotedo (2025)
Understanding the monthly revenue variations for Airbnb listings in Sangotedo is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Sangotedo is typically March, while July often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Sangotedo across different performance tiers:
- Best-in-class properties (Top 10%) achieve $4,215+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $2,749 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $1,748 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $767, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Sangotedo
Sangotedo Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Sangotedo STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Maysees the highest demand (peak season occupancy), while July experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Sangotedo:
- Best-in-class properties (Top 10%) achieve 66%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 66% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 56%.
- Entry-level properties (Bottom 25%) average 51% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Sangotedo
Average Daily Rate (ADR) Airbnb Trends in Sangotedo (2025)
Effective short term rental pricing strategy in Sangotedo involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Sangotedo typically peaks in March and dips lowest during May. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $179+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $120 or more.
- Typical properties (Median) charge around $72 per night.
- Entry-level properties (Bottom 25%) earn around $42 per night.
Average Daily Rate (ADR) Trend by Month in Sangotedo
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Airbnb Seasonality Analysis & Trends in Sangotedo (2025)
Peak Season (March, May, June)
- Revenue averages $2,468 per month
- Occupancy rates average 68.9%
- Daily rates average $88
Shoulder Season
- Revenue averages $2,204 per month
- Occupancy maintains around 44.3%
- Daily rates hold near $90
Low Season (July, September, December)
- Revenue drops to average $1,521 per month
- Occupancy decreases to average 56.4%
- Daily rates adjust to average $85
Seasonality Insights for Sangotedo
- The Airbnb seasonality in Sangotedo shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Sangotedo's highest earning potential, with monthly revenues capable of climbing to $2,597, occupancy reaching a high of 93.5%, and ADRs peaking at $99.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $1,076, occupancy could drop to 0.0%, and ADRs may adjust down to $82.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Sangotedo.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Sangotedo seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Sangotedo (2025)
Exploring the top neighborhoods for short-term rentals in Sangotedo? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Lekki | A rapidly developing area known for its upscale neighborhoods and proximity to beautiful beaches. It attracts tourists and expatriates looking for a luxurious experience and vibrant nightlife. | Lekki Conservation Centre, Elegushi Beach, Lekki Market, Nike Art Gallery, Landmark Beach, Filmhouse Cinemas Lekki |
| VGC (Victoria Gardens City) | An exclusive gated community that offers a serene environment, perfect for travelers seeking security and comfort while being close to the city’s attractions. | VGC Clubhouse, Shangisha Village, Lekki Leisure Lake, Mega Chicken Restaurant, VGC Playground |
| Ajah | A growing locality with affordable housing options and proximity to the beach. Suitable for budget-conscious travelers and families seeking a peaceful stay. | Ajah Beach, Atican Beach Resort, Palms Mall Lekki, Lekki Free Trade Zone, The Good Shelter |
| Ikate Elegushi | Known for its vibrant nightlife and proximity to the beach, this area attracts a young crowd and is popular among partygoers and beach lovers. | Elegushi Royal Beach, Chill and Grill Beach House, Landmark Events Centre, The Place Nightclub, Tarkwa Bay |
| Phase 1, Lekki | An upscale area with a mix of residential and commercial properties, offering a great experience for tourists with restaurants, shops, and entertainment. | Lekki Phase 1 Market, Beaches, Nightlife Spots, Zenith Bank, Club 57 |
| Oniru | This trendy area offers a mix of residential and commercial developments, with access to beaches, clubs, and luxury dining options. | Oniru Private Beach, The Food Court, Mile 12 Market, The Palms Shopping Mall, Café Neo |
| Sangotedo | A residential and commercial area experiencing rapid development, making it an attractive spot for both tourists and long-term rentals. | Sangotedo Shopping Mall, Fara Park, Jevnik Hotels, Shangisha Market, Epe Beach |
| Badore | An emerging neighborhood close to the waterfront with gradual infrastructural development, appealing to those looking for new experiences and local culture. | Badore Beach, Badore Jetty, Local markets, Contemporary houses, Proximity to Lekki and Ajah |
Understanding Airbnb License Requirements & STR Laws in Sangotedo (2025)
While Sangotedo, Lagos State, Nigeria currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Sangotedo to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Sangotedo (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Sangotedobased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Setalux Apartment (3 Bed Duplex / Private Garden)
Entire Place • 3 bedrooms
3 bedroom terraced duplex in Lekki area of lagos.
Entire Place • 3 bedrooms
Furnished Apartment with food &beverages services
Entire Place • 1 bedroom
temmycoco luxury apartment
Entire Place • 4 bedrooms
Pinnacle Holiday Home
Entire Place • 5 bedrooms
Beach home away from home
Entire Place • 3 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Sangotedo (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Sangotedo based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Ejiro | 1 | $21,244 | 22 | 4.86/5.0 |
| Host #469666822 | 1 | $16,667 | 0 | 0.00/5.0 |
| Host #485333461 | 1 | $10,300 | 0 | 0.00/5.0 |
| Host #424997653 | 1 | $9,325 | 0 | 0.00/5.0 |
| Host #445645809 | 1 | $8,459 | 0 | 0.00/5.0 |
| Host #92543904 | 1 | $8,343 | 0 | 0.00/5.0 |
| Host #449649581 | 1 | $8,283 | 0 | 0.00/5.0 |
| Host #385079251 | 1 | $8,170 | 0 | 0.00/5.0 |
| Host #416334059 | 1 | $6,891 | 0 | 0.00/5.0 |
| Host #236448240 | 1 | $6,391 | 0 | 0.00/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Sangotedo.
Dive Deeper: Advanced Sangotedo STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Sangotedo. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsSangotedo Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Sangotedo
- The Sangotedo Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 92.3% of the 26 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Sangotedo, Apartment/Condo properties are the most common (53.8%), reflecting the local real estate landscape.
- Houses represent a significant 34.6% portion, catering likely to families or larger groups.
- The presence of 11.5% Hotel/Boutique listings indicates integration with traditional hospitality.
Sangotedo Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Sangotedo
- The dominant room capacity in Sangotedo is 2 bedrooms listings, making up 34.6% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 2 bedrooms and 1 bedroom properties represent 57.7% of the active Airbnb listings in Sangotedo, indicating a high concentration in these sizes.
- A significant 42.3% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Sangotedo.
Sangotedo Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Sangotedo
- The most common guest capacity trend in Sangotedo vacation rentals is listings accommodating 4 guests (50%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 4 guests and 2 guests dominate the Sangotedo STR market, accounting for 73.1% of listings.
- 15.3% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Sangotedo.
- On average, properties in Sangotedo are equipped to host 3.9 guests.
Sangotedo Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Sangotedo
- The most common availability pattern in Sangotedo falls within the 271-366 days range, representing 96.2% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 96.2% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 31-90 days range is most frequent in Sangotedo (96.2%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 3.8% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Sangotedo Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
18 listings
72% of total
2 Nights
4 listings
16% of total
3 Nights
2 listings
8% of total
4-6 Nights
1 listings
4% of total
Key Insights
- The most prevalent minimum stay requirement in Sangotedo is 1 Night, adopted by 72% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (88.0%) of the Sangotedo Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
Recommendations
- Align with the market by considering a 1 Night minimum stay, as 72% of Sangotedo hosts use this setting.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Sangotedo.
Sangotedo Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
1 listings
50% of total
Moderate
1 listings
50% of total
Cancellation Policy Insights for Sangotedo
- The prevailing Airbnb cancellation policy trend in Sangotedo is Flexible, used by 50% of listings.
- The market strongly favors guest-friendly terms, with 100.0% of listings offering Flexible or Moderate policies. This suggests guests in Sangotedo may expect booking flexibility.
Recommendations for Hosts
- Consider adopting a Flexible policy to align with the 50% market standard in Sangotedo.
- Regularly review your cancellation policy against competitors and market demand shifts in Sangotedo.
Sangotedo STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Sangotedo
- The overall average booking lead time for vacation rentals in Sangotedo is 48 days.
- Guests book furthest in advance for stays during November (average 86 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in June (average 0 days), indicating more last-minute travel plans during this time.
- Seasonally, Winter (50 days avg.) sees the longest lead times, while Summer (12 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (48 days) as a baseline for your pricing and availability strategy in Sangotedo.
- For November stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 86 days out to capitalize on advance planning.
- During June, focus on last-minute booking availability and promotions, as guests book with very short notice (0 days avg.).
- Target marketing efforts for the Winter season well in advance (at least 50 days) to capture early planners.
- Monitor your own booking lead times against these Sangotedo averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Sangotedo (2025)
Amenity Prevalence
Amenity Insights for Sangotedo
- Essential amenities in Sangotedo that guests expect include: Wifi, Washer, TV, Air conditioning, Essentials, Kitchen, Dryer, Smoke alarm, Free parking on premises, Hot water. Lacking these (any) could significantly impact bookings.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Sangotedo: Wifi, Washer, TV, Air conditioning, Essentials, Kitchen, Dryer, Smoke alarm, Free parking on premises, Hot water.
- Prioritize adding missing essentials: Dryer, Smoke alarm, Free parking on premises, Hot water.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Sangotedo to stay competitive.
Sangotedo Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Sangotedo
- The typical guest profile for Airbnb in Sangotedo consists of predominantly international visitors (100%), with top international origins including United Kingdom, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Swedish.
- Domestic travelers account for 0.0% of guests.
- Key international markets include United States (37.5%) and United Kingdom (37.5%).
- Top languages spoken are English (83.3%) followed by Swedish (16.7%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Focus marketing internationally, particularly towards travelers from United Kingdom.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the Sangotedo Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Eko Atlantic | 34 | $1,491 | $278.46 | 23% |
| Falomo | 171 | $1,302 | $203.95 | 26% |
| Moba | 418 | $820 | $135.30 | 25% |
| Ikate | 306 | $780 | $121.20 | 26% |
| Ibeju | 43 | $776 | $106.16 | 27% |
| Itirin | 234 | $739 | $122.18 | 26% |
| Ikota | 168 | $687 | $114.15 | 23% |
| Togbin-Fandji | 15 | $676 | $81.11 | 33% |
| Ojomu | 208 | $669 | $107.10 | 25% |
| Ilado | 315 | $661 | $111.13 | 24% |