Ando Living Alfama – Fact Sheet
📍 Location
• Address: Av. Infante Dom Henrique 4, Alfama, Lisbon, Portugal
• Neighbourhood: Historic and scenic Alfama, with river views and charming cobbled streets
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🏗️ Project Overview
• Type: Lifestyle serviced apartments (with tourist license)
• Ownership: Freehold
• Units: 56 units (Studios to 3-bedrooms)
• Expected Completion: Q1 2027
• Renovation: Full restoration of 3 historic buildings from post-1755 Lisbon
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💶 Pricing & Investment
• Price Range: €395,000 – €1,864,000
• Mandatory Furniture Package:
• Studio: €17,000 + VAT
• 1-Bedroom: €24,000 + VAT
• 2-Bedroom: €35,000 + VAT
• 3-Bedroom: €45,000 + VAT
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💰 Payment Plan
1. Reservation Fee: €10,000
2. Promissory Contract: 20%
3. December 2025 Payment: 20%
4. Deed (Completion): 60%
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🏛️ Taxes
• IMT (Transfer Tax): 6.5%–7.5% (based on price)
• Stamp Duty: 0.8% on purchase
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💸 Revenue & Yield Options
• Pooled Revenue Model: Stable income based on ownership share
• Fixed Yield:
• 4% Net Yield (guaranteed for 5 years)
• Includes 14 nights per year of personal use
• Variable Yield:
• Approx. 6% Net Yield (estimated, based on occupancy & usage)
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🛏️ Owner Usage Options
1. Up to 14 Nights/Year:
• Voucher equivalent to 14 nights at ADR
• Usable at any Ando Living Club worldwide
2. Up to 6 Months/Year:
• Revenue share remains active
• Discounted stay cost deducted from income
• Up to 30% discount at other locations
3. Over 6 Months/Year:
• Exit from revenue pool
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🏢 Monthly Fees
• Owner’s Club Fee (includes building mgmt. & club access):
• Studio & 1BR: €150/month
• 2BR: €200/month
• 3BR: €400/month
• Condo Fees: €6/sqm + utilities
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🛎️ Amenities & Services
• Pool with terrace overlooking the Tagus River
• Gym, wellness zones, and communal courtyard
• Restaurants, bars, concept stores
• Concierge, 24/7 reception, security
• Elegant interiors by award-winning AvroKO
• Fully equipped kitchens, living and work areas
• Seamless indoor/outdoor lifestyle design
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🌍 About Ando Living
• Lifestyle concept blending serviced apartments with exclusive community clubs
• Locations across Lisbon and internationally
• Designed for modern travelers, digital nomads, and investors seeking flexibility