Question 1

What is Resida?

Accepted Answer

Resida is Nigeria's property operating system — a platform for finding verified shortlets, annual and monthly rentals, hotels, event halls, and properties for sale across Lagos. It also handles digital leases, automated rent collection, and a tenant savings wallet.

Question 2

How does rent auto-pay work on Resida?

Accepted Answer

Each tenant receives a Dedicated Virtual Account (DVA) issued via Paystack. Tenants fund the account throughout the year. On the rent renewal date, Resida automatically debits the rent and credits the landlord — no manual payment needed.

Question 3

What types of properties can I find on Resida?

Accepted Answer

Resida lists shortlet apartments (book by the night), annual and monthly rental homes, hotels, event halls, and properties for sale across Lagos and Nigeria.

Question 4

How do I book a shortlet on Resida?

Accepted Answer

Browse shortlets on Resida, select your dates, and complete checkout via Paystack. Bookings are confirmed instantly. A 5% platform fee (capped at ₦10,000) is deducted from the host payout.

Question 5

What areas does Resida cover in Lagos?

Accepted Answer

Resida covers all major Lagos neighbourhoods including Lekki, Victoria Island, Ikoyi, Yaba, Surulere, Ajah, Ikeja, Gbagada, Magodo, Maryland, Chevron, Sangotedo, Oniru, and Banana Island.

Question 6

What fees does Resida charge?

Accepted Answer

Resida charges a ₦1,000 lease application fee, a ₦150 flat wallet withdrawal fee, a 5% shortlet booking commission (capped at ₦10,000), an 8% event hall booking commission, and a 10% handyman job commission. There are no monthly subscriptions.

Properties in Lekki Phase 1, Lagos

Properties in Lekki Phase 1, Lagos