Services and fees
One agency, from search to signed agreement.
Lettings, sales, short-lets, land and property management across Nigeria, with every fee published before you ask.
Launch rates until [END DATE]
Lettings
Rent a home, or let yours
For tenants, verified homes and a clear tenancy. For landlords, inspected listings and serious enquiries.
- Only inspected homes, with dated photos
- Viewings arranged with a local agent
- Tenancy agreement drafted by our partner lawyer
- No separate agent or legal fees
of the first year’s rent · paid by the tenant
Sales
Buy or sell with confidence
From verified listing to agreed sale, with documents reviewed before anyone visits.
- Ownership documents reviewed before listing
- Marketing to buyers in Nigeria and abroad
- Viewings and negotiation handled by Monarch
- One published rate for buyer and seller, no hidden charges
of the sale price, from each side; 2.5% above ₦200m · paid by buyer and seller
Short-lets
Furnished stays, verified
Short-lets priced per night with a minimum stay, inspected like every other listing.
- Inspected and photographed before listing
- Clear nightly price and minimum stay
- Short-let management for owners: bookings, guests and turnover
of booking revenue (management) · paid by the owner
Land
Land, with three extra checks
Land is where most fraud happens, so it gets the most checks before we list it.
- Survey plan charted with the state surveyor-general
- Land registry search
- Site visit confirming boundaries, no dispute and no government acquisition
of the sale price, from each side; government fees at cost · paid by buyer and seller
Property management
Your property, looked after
For landlords at home or abroad who want one accountable manager.
- Tenant finding and rent collection
- Rent paid through a licensed payment provider; Monarch never holds it
- Maintenance coordinated with vetted local trades
- Regular updates in your time zone
of rent collected · paid by the landlord
All fees
One fee to Monarch, nothing else
Agents are paid from our fee. If anyone asks you for a separate agent fee, tell us.
| Service | Launch rate | Basis | Paid by |
|---|---|---|---|
| Lettings | 8% | of the first year’s rent, tenancy agreement included | Tenant |
| Sales | 4% | of the sale price, from each side; 2.5% above ₦200m (standard 3%) | Buyer and seller |
| Land sales | 4% | of the sale price, from each side; survey and registry fees at cost | Buyer and seller |
| Property management | 8% | of rent collected | Landlord |
| Short-let management | 10% | of booking revenue | Owner |
| Verification (owners) | ₦35,000 | where we have a local agent; credited against our fee when your deal closes | Owner |
| Video walk-through | ₦50,000 | deposit to book a live video viewing; credited against our fee if you complete through Monarch, otherwise not refunded | Buyer or tenant |
Standard rates are shown struck through. Launch rates apply until [END DATE].
Do I ever pay an agent directly?
No. You pay one fee to Monarch, and the agents who work on your deal are paid from it.
When is the fee paid?
When the agreement is signed. You never pay a fee before you have viewed the property and signed.
Can I pay from abroad?
Yes. We share bank transfer details or a payment link. Prices are set in naira; converted figures on the site are a guide.
Not sure which service you need?
Tell us what you are trying to do. We reply within 6 working hours (WAT), Monday to Saturday.