Ando Living Santos – Marquês de Abrantes 48
A new chapter in Lisbon’s historic heart

More than just a residential development, Ando Living Santos is a refined expression of modern elegance, functionality, and urban lifestyle. Nestled in the vibrant Santos district—between the quiet sophistication of Lapa and the dynamic energy of Avenida 24 de Julho—this unique project seamlessly blends historic charm with the comforts of contemporary living.

Classified as a Municipal Heritage Site, the building features the largest tile façade of any residential building in Lisbon, along with stunning original ceilings rising up to 3.5 meters. A thoughtful restoration will breathe new life into this iconic structure, preserving its unique character while offering a modern living experience.

Comprising 35 exclusive residences (ranging from one to two bedrooms) across five floors, each unit has been carefully designed to meet the needs of discerning travelers and sophisticated residents alike. Interiors pair original architectural details with a neutral, calming palette, creating bright, elegant, and tranquil spaces filled with natural light.

Each apartment includes a kitchen, living and work areas, and access to premium services on demand, such as 24/7 concierge, building security, and full reception services. Residents and investors also gain privileged access to Ando Living Clubs across Europe—featuring gyms, pools, coworking lounges, restaurants, concept stores, cafés, and more.

Whether as a primary home, a flexible residence, or a smart investment, Ando Living Santos offers a guaranteed 4% return in the first 5 years, with strong potential for growth based on the proven success of other Ando Living properties in Lisbon.

Here, heritage meets modernity, and lifestyle meets opportunity. Ando Living Santos is not just a place to stay—it's a place to live, belong, and thrive.

Ando Living Santos – Lifestyle Serviced Apartments

📍 Location

• Address: Marquês de Abrantes 50, Santos, Lisbon, Portugal

• Neighbourhood: Centrally located between Lapa and Cais do Sodré, near Time Out Market

• Style: Historic building completely renovated with heritage tiled façade and 3.5m ceilings

⸻

🏗️ Project Overview

• Total Units: 32 apartments (1 to 3 bedrooms)

• Floors: 5 floors

• Status: Complete renovation of a historic 17th-century building

• Touristic License: Yes – eligible for short-term rental

• Design Concept: A blend of local art, craftsmanship, and modern comfort

• Interior Features:

• Fully furnished and ready to operate

• Kitchens, living and work areas

• Concierge services

• Building security

• 24/7 virtual reception

• Custom artwork by local artists (Farinha & Rosa)

• Art books curated by the Ando Living team

• Custom dried flower arrangements by Maison Angea (Coimbra)

⸻

💶 Prices & Furniture Packages

• Pricing: From €575,000 to €1,400,000

• Furniture Package (Mandatory):

• 1 Bedroom: €25,000 + VAT

• 2 Bedroom: €29,000 + VAT

• 3 Bedroom: €45,000 + VAT

⸻

💰 Payment Terms

• Reservation Fee: €20,000 (deducted from down payment)

• Deed: 100% upon deed signing

⸻

🧾 Taxes

• IMT (Property Transfer Tax): 6.5%–7.5%

• Stamp Duty: 0.8% of the purchase price

⸻

💸 Revenue & Yield Structure

• Pooled Revenue Model: All rental income is pooled and distributed by ownership share

• Yield Options:

• Fixed Yield: 4% net guaranteed for 5 years (includes up to 14 nights/year personal use)

• Variable Yield: Estimated 5–6% net (based on usage and occupancy)

⸻

🛏️ Owner Usage Options

1. Up to 14 nights/year:

• Receive a voucher equal to 14 x ADR of the apartment

• Redeemable at any Ando Living location worldwide

2. Up to 6 months/year:

• Continue receiving revenue share

• Discounted personal stay cost deducted from your income

• Up to 30% discount on long-term stays across all locations

3. Over 6 months/year:

• Exit the revenue pool

⸻

💼 Monthly Fees

• Owner’s Club Fee (includes property mgmt & club access):

• 1 Bedroom: €150/month

• 2 Bedroom: €200/month

• 3 Bedroom: €400/month

• Condominium Fee: €2 per sqm/month

• Utilities: Billed separately

⸻

🏛️ The Building’s History & Renovation

• Originally built in 1648 by royal decree for Capuchin friars

• Rebuilt in 1851 after a fire, maintaining heritage charm

• One of Lisbon’s largest tiled façades on a residential building

• Carefully renovated using anti-seismic techniques, soundproofing, and energy-efficient systems

⸻

🌆 About Santos

• A dynamic neighbourhood with a blend of old-world charm and creative energy

• Popular with artists, designers, and young professionals

• Home to cafes, galleries, yoga studios, and stylish concept stores

• Excellent access to public transport and central Lisbon via metro, tram, and train

• Minutes away from the Tagus river, Time Out Market, and historic downtown