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)

1. Guaranteed Income Model – 4% for the First 5 Years

Under this model, the owner receives a guaranteed annual income equal to 4% of the apartment’s purchase price for the first 5 years.

In addition, the owner benefits from an annual voucher equivalent to 0.5% of the purchase price for complimentary stays:

• Can be used in their own unit, or

• In any other Ando Living unit within the global portfolio.

Example:

• Purchase price: €500,000

• Voucher value (Years 1 & 2): €2,500 in complimentary stays.

• From Year 3 onwards: calculated in nights, based on the ADR (Average Daily Rate) of the unit.

• If ADR = €300 → 14 complimentary nights (€4,200 value).

2. Variable Income Model – up to 6%

Under this model, the annual income varies based on the unit’s performance, reaching up to 6% per year.

The owner still enjoys the same annual voucher benefit as described in the guaranteed model (0.5% of the purchase price for complimentary stays, using the same calculation method).

Additional Benefit (Both Models)

All owners enjoy:

• Minimum 15% discount on stays at any Ando Living property, combinable with the annual voucher.

Revenue Split

• 50% of revenue goes to the owner.

• 50% goes to Ando Living – covering all operational costs.

Owner’s expenses:

• Condominium fees – symbolic amount.

• 1.5% Ando Living Royalty Fee – grants access to exclusive amenities and flexibility to enjoy other Ando Living properties.

• 2.5% FF&E Reserve Fund – standard reserve for maintaining furniture, fixtures, and equipment to brand standards.

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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