What is the cost of hosting a basic Airbnb on a Bedsitter apartment in Kilimani?
Let’s be honest, running an Airbnb is a business. You want to make a profit while keeping your guests happy. The key is finding the right balance between spending and guest satisfaction. There’s a misconception that spending more translates to more bookings. This simply isn’t true. Guests pay based on location and comparable listings. Fancy upgrades like a bigger TV might not bring you more income.
Why Keep Your Costs Low?
We’ve helped many clients set up Airbnbs around Kilimani, Lavington, and Kileleshwa. Popular items with guests come down to two factors: cost and durability. You’ll have all sorts of guests, and some might not be the most careful. So, invest in furniture and appliances that can withstand everyday use. Remember, this isn’t your home; it’s a space for guests who may not be as gentle.
A recent article on www.tuko.coke by Tuko caught our eye. It discussed a host who started their Airbnb with KES 100,000. Based on our experience, let’s break down the estimated costs of setting up a basic Airbnb bedsitter in Kilimani, room by room.
Costs by Room
Living Room:
Imagine activities guests might do in a confined space for 6 hours. Here are the essentials:
- TV with Wi-Fi connection: Consider trusted brands like TCL, Hisense, Aiwa, or Skyworth (KES 30,000 – KES 40,000).
- Curtains and curtain rod: Look for ready-made curtains at local retail stores (KES 5,000 – KES 10,000).
- Coffee table and TV stand: Opt for solid wood, especially for the coffee table (KES 5,000 – KES 10,000) for a touch of local flair. You can mount the TV if you prefer, but still provide a console nearby (KES 22,000 – KES 35,000).
- Simple carpet: This adds a touch of comfort (KES 6,000 – KES 10,000).
- Living Room Total (Kes. 135,000)
Kitchen:
Guests will likely want to cook, so provide:
- Utensils, plates, and cookware: Look for non-stick cookware sets within your budget (KES 5,000 – KES 10,000).
- Mini fridge: Consider the 55-liter Sinbo fridge, currently the most affordable option (KES 15,000 – KES 25,000).
- Electric kettle: Choose a durable steel option from brands like Von, Ramtons, or Simbo (KES 1,000 – KES 2,000).
- Water dispenser (optional): A tabletop dispenser from Rashnik or Nunix is a good starting point (KES 3,000 – KES 5,000).
- Dish rack: A stainless steel option from Rashnik offers both style and durability (KES 1,000 – KES 3,000).
- Kitchen Total (Kes. 45,500)
Bedroom:
- Double bed with bedding: Support local furniture manufacturers for a unique bed frame (KES 25,000 – KES 35,000).
- Iron and ironing board: A Philips 1172 iron (or similar model) is a reliable choice (KES 5,000 – KES 8,000).
- Mosquito net: A must-have for any Nairobi Airbnb! (KES 1,000 – KES 2,000). kings collection have a good range of treated mosquito nets.
- Bedroom Total (kes. 39,500)
Bathroom:
Your apartment likely has a simple bathroom, so provide:
- Shower curtain and liner (KES 1,000 – KES 2,000)
- Bath mat and towels (KES 2,000 – KES 5,000)
- Drying rack (KES 3,000 – KES 5,000)
- Basic cleaning supplies (disinfectant, toilet paper)
- Bathroom & Laundry Total (Kes. 17900)
Grand Total (Kes. 238,000)
In total therefore, we estimate that one would need to invest between Kes. 200k and 250k for a basic AirBnb set up in Kilimani, and thats before you add the rental deposits that would need to be paid upfront.
Tips for Finding Affordable Furniture and Appliances:
- Shop Local: Look for furniture makers for your bed and coffee table, or local shops that work with local furniture makers; and second-hand stores for good deals on unique pieces, especially for linen.
- Focus on Durability: Choose long-lasting items from trusted brands over trendy but fragile items, especially trendy items sold on social media shops without physical presence, avoid them.
- Compare Prices: Research online and visit different stores before buying to get the best deal.
Conclusion:
Setting up an Airbnb in a bedsitter apartment in Kilimani, Nairobi, doesn’t have to break the bank. With careful planning and budgeting, you can create a comfortable and appealing space for your guests.
Have you set up an Airbnb in Nairobi? Share your experiences and tips in the comments below! . You can contact us on telephone, email or social media quote for more specific information on the above. You are also welcome to visit our chaka road kilimani shop, which is open daily from 9am to 7pm
Blog By Anko Retail Chaka Road Branch. May 2024
Other Useful links
How to Make Money With Airbnb in Kenya
The Ultimate Guide to Airbnb in Kenya: Planning a Memorable Family-Friendly Vacation
Best Things to Do in Kenya | Unique Tours & Activities | Airbnb
