Ando Living Liberdade Club is located a few steps away from the main and most prestigious boulevard of Lisbon which connects Marquês de Pombal roundabout (the gateway to the city’s business district) with the heart of Lisbon where one can find all of the city’s top attractions.
T1s from Sold Out
T2s Sold Out
T3s from €1,400,000
The building rue Alexandre Herculano was built in 1889 and comprises of 6 floors above ground. The ground floor, parts of the first floor and the basement were used for commercial purposes and were divided into 4 different stores. Parts of floor 1 and floors 2 to 5 were used to residential purposes.
It is a rehabilitation project that converts the existing building into one of the first Ando Clubs in Lisbon.
Historical and architectural elements of the original 1889 building would be preserved and the spaciousness will be enhanced by adding two floors to the existing structure and a rooftop pool. The architectural project covers 3,703 SQM of gross construction area (including the retail basements).
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.
Liberdade 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 energizing and anchored setting.
Club facilities will include a concept store, restaurant, bar, private dining room, rentable living room, lounge and cool working facilities.
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 December 2022 which should take 18 months however with obtaining all the necessary permits to start the operation and make the title deed we estimate to make it in Q2 2025 with a buffer for any possible delays.
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).
There are two alternatives for the owners for the first 3 years of the operation;
1- 3% rental guarantee then it will be the income generated from the overall accommodation income of the project, which will be shared 50/50 with the operator
2- To start with a variable model from day 1 of the operation of the building as explained above with a 50/50 shared model and expect a return of around would be 4%-5%, but this is not guaranteed.
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.
Each club will have its amenities. The Liberdade club will have a rooftop pool, a restaurant and a basement gym. In addition, all buildings will have dedicated staff to provide services to the users
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