Goldstay
Gigiri, Nairobi, where Goldstay manages short-stay apartments
Kenya · Nairobi · Gigiri

Airbnb management in Gigiri, Nairobi.

A well-presented 2-bed in Gigiri takes USD 120 to 180 a night at 58% to 72% occupancy. Full short-term rental management: we run the listing, the pricing, the guests and the turnovers, and remit in USD on the 5th. You do nothing.

Gigiri short-stay numbers

What a short let in Gigiri actually takes.

Indicative figures for a well-finished, well-photographed 2-bed in Gigiri. Directional, not guarantees, and gross before our fee and operating costs.

Nightly rate

USD 120 to 180 / night

What Gigiri units in good condition actually achieve once pricing is managed daily rather than set weekly.

Occupancy

58% to 72%

Across a full year in Gigiri, including the low season. We plan on this rather than on a good month.

Who books

UN and embassy assignments, visiting delegations, consultants on contract.

Short let or long lease in Gigiri?

Short let, gross

USD 2,088 to 3,888 / month

Our fee is 20% of revenue. Cleaning, consumables, utilities and furnishing come out of what is left.

Long lease, gross

USD 1,700 to 2,400 / month

Our fee is 10% of collected rent. Almost no operating cost, one tenant, a predictable figure.

Short-letting usually wins on gross and always costs more to run, so the real gap is narrower than these two lines suggest. We will tell you which one your specific unit suits, and we are happy to say a long lease, because a badly matched short let earns less than a good tenant and takes far more work. See long-term management in Gigiri.

What is specific about Gigiri

Gigiri is not interchangeable with the rest of Nairobi.

Demand here is almost entirely generated by the UN complex and the diplomatic missions around it, which makes it unlike anywhere else in Nairobi: bookings arrive as three-week to three-month assignments with organisational budgets behind them, and they are booked well in advance.

What caps it in Gigiri

Effectively a long-stay market only. Nightly leisure demand is close to nonexistent, so a unit priced and marketed for weekend breaks will sit empty. Inventory also skews to houses rather than apartments.

What we run

Everything a Gigiri short let needs, handled.

The same operation on every managed unit, whichever neighbourhood it is in.

Listing & photography

Professional photography, copywriting and launch across Airbnb, Booking.com and direct enquiries.

Daily pricing

Rates move with occupancy, events and season rather than sitting at one weekly number.

Guests, end to end

Screening, arrival instructions, security registration and every message in between.

Turnovers

Cleaning to a written checklist, linen, consumables and the electricity meter topped up.

The full scope, the fee and the economics are set out on our Airbnb management service page.

Gigiri questions

Short-letting in Gigiri, answered.

Is short-letting in Gigiri better than a long lease?

On our numbers a well-presented 2-bed in Gigiri grosses roughly USD 2,088 to 3,888 a month short-let, against USD 1,700 to 2,400 on a long lease. Short-letting usually wins on gross and costs more to run, so the gap narrows after cleaning, consumables, utilities and furnishing. It is the right answer when the unit suits the guest mix here and you can fund the setup; a long lease is the right answer when you want a predictable figure and no operating exposure.

What occupancy should I expect in Gigiri?

We plan on 58% to 72% across a full year in Gigiri, not the headline figures you see quoted. Effectively a long-stay market only. Nightly leisure demand is close to nonexistent, so a unit priced and marketed for weekend breaks will sit empty. Inventory also skews to houses rather than apartments.

Who actually books short stays in Gigiri?

UN and embassy assignments, visiting delegations, consultants on contract. Demand here is almost entirely generated by the UN complex and the diplomatic missions around it, which makes it unlike anywhere else in Nairobi: bookings arrive as three-week to three-month assignments with organisational budgets behind them, and they are booked well in advance.

What does Goldstay charge for Airbnb management in Gigiri?

20% of revenue collected, with no onboarding or listing fee. The only setup charge is professional photography where we judge it necessary, at USD 100 for a studio or one-bed and USD 150 for two bedrooms or more, payable in advance or deducted from your first payout.

Will my building in Gigiri allow short lets?

Not always, and it is the first thing to check rather than the last. A growing number of Nairobi buildings restrict or ban short lets in their house rules, and some cap the number of units that may operate one. We confirm the building's position before we list anything, and if it does not permit short-letting we will say so and put the unit on a long lease instead.

Get started

Thinking about short-letting in Gigiri?

Send us the building and the unit type. We will tell you what it should take and whether a long lease would serve you better.

Prefer to call? +254 702 471 993