Short let income in Airport Residential gains from a position beside the main airport in Ghana. This guide explains what feeds demand, shows a worked example and lists the costs and rules to check before you list an apartment.
What Feeds Short Let Demand
- Business travellers visiting Airport City offices
- Airline crew on layovers
- Relatives of residents who prefer a private apartment to a hotel
- Ghanaians visiting from abroad for events and holidays
- Contract staff on assignments of a few weeks
Short Let Income in Airport Residential: The Yield Range
Imaani Homes market data cites gross yields of up to 22 percent for professionally managed short lets, against 7 to 9 percent for long lets. Treat the top of the range as a best case. Occupancy, nightly rate and costs decide where you land. See our guide to short let against long let.
A Worked Example
Use these assumptions on a USD 107,000 studio. The studio books 200 nights a year, about 55 percent occupancy. The average nightly rate is USD 100. An operator takes 20 percent of revenue. Cleaning, utilities and supplies cost USD 3,600 a year. The service charge is USD 200 a month.
- Booking revenue: USD 20,000
- Operator fee: USD 4,000
- Cleaning, utilities and supplies: USD 3,600
- Service charge: USD 2,400
- Income before tax: USD 10,000
This gives a net yield before tax of about 9.3 percent. The assumptions are illustrations, not forecasts or Regalia charges. Test them against real booking data for the area.
Costs to Plan For
- Furnishing and linen
- Replacement of worn items
- Platform commissions
- Utilities and internet
- Deep cleaning between long stays
- Tax and local registrations
- Empty weeks in the low season
Rules to Check Before You List
Ask the developer whether the building allows short lets. Ask whether an owners association sets limits on guest numbers or length of stay. Ask your lawyer which tax registrations and licences apply to hosting in Ghana. Read the lease and the building rules before you buy, not after.
If You Live Abroad
Short lets need daily attention. Guests ask questions, cleaners need access and bookings change. Most owners abroad hire an operator. Compare operators on fees, response times and reporting. Our guide to running a short let apartment in Accra covers occupancy and pricing.
Pricing and Occupancy in Practice
Nightly rates and occupancy move with the season. Weekdays tend to suit business travellers, while weekends and holidays suit visitors from abroad. Many Ghanaians return in December, so expect strong demand then. Test your own unit type against booking data before you set a price, and review rates each month.
Taxes and Registration
Hosting income is taxable. Ask your accountant about registration with the Ghana Revenue Authority and any levy which applies to short stays. Keep a record of each booking, each payout and each cost.
Frequently Asked Questions
Does a short let earn more than a long let?
Short lets earn more in strong months and less in weak ones. Gross income is higher, and so are costs and effort. Compare net income over a full year.
Do I need a manager if I live abroad?
Usually yes. Someone must handle check-ins, cleaning and guest issues on the same day.
What occupancy should I assume?
Test several levels, for example 45, 55 and 65 percent, and see how net income changes.
Talk to Our Team
Regalia by Imaani Homes offers studios, one-, two- and three-bedroom residences and penthouses in Airport Residential, Accra. Studios start from USD 107,000, VAT included. Visit the Regalia page or WhatsApp +233 595 959595.