Discover the Santos neighborhood, where timeless charm meets modern allure. Picture yourself strolling through quaint streets, relishing cityscape vistas, and savoring culinary delights
This is more than just a place to stay, it's a lifestyle experience we call Ando.

Santos House

Nestled in the vibrant Santos neighborhood, Marquês de Abrantes 48 represents a revitalized heritage. Comprising 35 one to two-bedroom residences, this project seamlessly blends historical charm with contemporary comfort.

The elegant facade and ornate ceilings are preserved through a sensitive renovation, offering a glimpse into Lisbon's rich history. Each thoughtfully designed residence reflects modern living while honoring the building's legacy.
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With a prime location near cultural hubs and future metro connectivity, Ando Santos promises an exceptional urban lifestyle.

32 units

Up to 7% Yield

T1 - T2 - T3

Starting €500,000

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Santos House

Historic Building

Ando Living Santos House is comprised of 5 floors with 32 apartments ranging from 1 to 3 bedrooms. The address has a well-documented history, dating back to 1648 when the King of Portugal ordained the construction of a convent following the arrival of Capuchin friars from Brittany, France.

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With the extinction of religious orders in Portugal in 1834, the building began to be used as a residence for orphans. However, in 1837, the building was reduced to ashes. In 1851, a new building was constructed by José António da Luz Robim. Typical of that period, the building features large windows, wrought-iron balconies, and a beautiful tiled facade. Having one of the largest tiled facades in Lisbon for a residential building, it has been classified as heritage of the city’s interest. The original features are carefully preserved while incorporating new anti-seismic construction techniques, noise reduction, thermal comfort, and energy savings.

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Rehabilitation Project

The original character and charm of the building is preserved through a sensitive renovation that honors its stunning tile facade and ornated ceilings of 3.5 meters high. Interior spaces are reimagined to meet the needs of contemporary living, offering both privacy and community. There will be 33 tastefully designed apartments ranging from one to three bedrooms.

Touristic Licensed Apartments
allowing Short Term Rental

Our touristic licensed apartments are created for the discerning contemporary traveler. Developed to high living standards, they combine luxurious finishes of a 5-star hotel with the welcoming comfort of a home. Each apartment will be equipped with a kitchen, living and work area, and comprehensive on-demand services, including concierge services, building security, and a 24/7 virtual reception.

Art & Crafts
A Cultural Experience

Ando Living is passionate about promoting local art, crafts, and design, ensuring a cultural discovery experience for the guests.

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A collection of artworks is being specifically developed by local artists for each Ando Living house and clubhouse.

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For Santos House apartments and common areas, an exclusive series of artwork is being created by the artist Farinha Rosa.

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Dried flower bouquets are created for each apartment by Maison Angea from Coimbra in northern Portugal.

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Each apartment will have art books by artists chosen by our Ando Living creative team to share their favorite art.

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Lisbon

THE EMERGING CAPITAL

One of the most sought-after European capitals of the moment — and one of the world’s safest cities — Lisbon brings past and present together like no other.

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.

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Own your piece of Lisbon

FAQ

The Aflama apartments are eligible for Golden Visa?

Ando Living Alfama Club is a touristic licensed project which enables buyers to apply for the Golden Visa Program with a 350,000€ minimum investment.

What is the delivery forecast?

All the licencing is in place the construction will start in November 2023 to deliver the project in the 2nd quarter of 2026.

What is the difference between a residential apartment and a touristic apartment?

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).

What is the expected return?

(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 can I stay in my apartment ?

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.

In case of repairs or renovations for the building, how will it work?

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.

What are the amenities at Alfama Club?

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.

As an owner, will have private space to store things?

No officially, but we will try to accommodate a space which could be locked for owners.

Who will have access to the Private areas?

The rooftop and swimming pool will only be accessible to guests and the owners.

What is included in the decoration pack?

Basic furniture, Kitchen appliances, cutlery, dinnerware, other kitchen utensils, Bedsheets and towels.

How do I make a reservation?

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.