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Imagine lounging by the infinity pool with a breathtaking view over the river, wander in the narrow and mysterious streets of Alfama, or enjoying the best food the city has to offer in the club's restaurant
This is more than just a place to stay, it's a lifestyle experience we call Ando.
The three historical buildings are strategically located between Lisbon's historical center and Alfama, and only a minute walk from both the Santa Apolonia Intermodal station and Lisbon's international cruise ship terminal. The club has a great courtyard and terrasse with an infinity pool overlooking the Tejo River.
56 apartments as well as a restaurant, a gym, a pool and meeting rooms.
The Club's interior is designed by Avroko, setting up Ando Living brand's standards.
Starting at €350,000
Download the brochure
The three building occupied by Alfama Ando Living Club date back from the reconstruction of downtown Lisbon following the 1755 earthquake.
Two takes the shape of typical Lisbon's Townhouses.
The third is a vast warehouse thought to have been built as an extension of the old Flour factory on Rua Jardim do Tobacco.
The historical and architectural legacy of the existing buildings will be honoured through a sensitive renovation that preserves their original charm and Pombaline facades. Named after the first Marquês de Pombal, Sebastiâo José de Carvalho e Melo, the Pombaline style is known for its architectural rationality and restrain.
Luxury touristic apartments, under the Ando Living brand will be developed and styles by award-winning designer Avroko. In accordance with Ando Living standards, these units will have the luxury of a first-class hotel with the familiar comfort of a home in one of Lisbon’s trendiest neighbourhoods.
Each apartment will be fully equipped with a kitchen, living and working area, while also benefitting from a wide range of on-demand services, such as: concierge service, room service, dry cleaning & laundry.
Alfama Club will offer residents state-of-the-art hotel-like amenities (rooftop pool & terrace, extended living and gym), as well as living spaces that bring like-minded people together, in an energising and anchored setting.
Club facilities will include an infinity pool, sun deck, and bar; extended living areas with a "coolworking" zone and private event area including a kitchen; a wellness center with a gym; the Concept Hub featuring a local designer store, take-away corner, restaurant & bar including an outside patio.
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Lisbon is a city full of beautiful contrasts. Delightful old quarters are found right next to avant-garde architecture. The great contrast
of vibrant cultural scenes and streets of old boroughs construct the unique cityscape of Lisbon. Contrasts could also be found in delicacies, where traditional Portuguese cuisine and exciting new dishes are served on the same table.
If you ever find yourself needing a break from such paradise on earth, Lisbon’s International airport is just a short flight away from most European capitals.
All the licencing is in place the construction will start in November 2023 to deliver the project in the 2nd quarter of 2026.
The main difference is there is an operating entity that has a touristic license to manage and rent out the units, generating income for the owners. Also, the building will have a concierge, lobby, and amenities (like a pool, restaurant, cleaning services, technical handyman…etc).
(expressed as a net-of-costs, pre-tax percentage of the apartment purchase price)
4% Fixed Yield
- Guaranteed for 5 years
- After 5 years, the model automatically switches to the variable model
- Maximum stay is a yearly travel voucher (see below under short stay)
5-6% Variable Yield
- Estimated and not guaranteed
- Expected once the building reaches maturity with optimal occupancy rates and ADRs (Year 2 or 3)
- 50/50 split of revenue between the owner and the operator with approximatively 15-85 split of cost in favor of the owner
As an owner of and Ando Living apartment you get to stay in any Ando Living's apartment in the world. Please write us at sales@andoliving.com to know more about the options.
The building will be delivered totally new with a 2-year guarantee on the equipment, 5 years guarantee on the finishings and a 10-year guarantee on the structure of the building. In the mid to long term, if there is a structural need like facade painting or roof repairs, this will be raised at the condominium meeting.
An infinity pool, sun deck, and bar; extended living areas with a "coolworking" zone and private event area including a kitchen; a wellness center with a gym; the Concept Hub featuring a local designer store, take-away corner, restaurant & bar including an outside patio.
No officially, but we will try to accommodate a space which could be locked for owners.
The rooftop and swimming pool will only be accessible to guests and the owners.
Basic furniture, Kitchen appliances, cutlery, dinnerware, other kitchen utensils, Bedsheets and towels.
You send an email to sales@optylonkrea.com with your Passport and the unit that you want to reserve. After that, we will circulate a reservation form that is going to be signed by both parties and with that the transfer proof of the reservation fee (10.000€) to the given IBAN.
Regarding the payment schedule:
50% in the sales agreement, 30% upon achieving 12 months of the construction works, and 20% at the Deed. The furniture package payment will be due, 50% will be asked 12 years before the delivery and the remaining 50% at the deed.
If you have a question about your stay with us, please contact our hospitality team via email: book@andoliving.com or via whatsapp: +351 930 499 938
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