Ando Living creates cozy neighborhoods throughout Europe where everyone can find their "home away from home." Our Club social centers add a special charm to the neighborhoods, providing residents with opportunities to socialize, make friends, and enjoy unique travel experiences.
Who is the project for? For investors seeking a reliable and profitable asset in Europe. For those dreaming of a vacation home while enjoying a free annual vacation and passive income. For global citizens who want to have their own corner in Europe while simultaneously accessing multiple homes across the continent.
The project's creators have provided residents with access to spaces featuring a gym, rooftop pool, expanded work and living areas, wellness center, restaurant, bar, café, and conceptual shop.
The project Ando Living Santa Catarina House was completed in March 2023.
The project offers 6 units of different types: 1 one-bedroom apartment (T1), 5 two-bedroom apartments (T2).
Apartment type T1+1 (one bedroom) is located on the first floor. The total area of the apartment is 77,5 m2, the big advantage of the apartment is the terrace of 52 m2.
Sales are conducted in the form of property ownership (Freehold) with mandatory furniture packages and flexible payment terms:
• 10,000 Euros reservation • 50% of the total cost upon signing the promissory agreement (CPCV) • 50% of the total cost plus the total furniture package (19 000 euros) amount upon signing the Deed of Sale (Escritura)
The acquisition tax is usually 6.5%.
The income model is based on income from the hotel pool, providing stable and predictable income for apartment owners. Yield ranges from 4% to 6%, paid quarterly. Income tax is usually 28%.
Apartment owners can have access to the properties for short-term (up to 14 days per year), medium-term (from 14 days to 6 months per year) and long-term (more than 6 months per year) periods.
Invest in a reliable investment with “Ando Living Santa Catarina House” and have a guaranteed income right now from the hotel pool and amenities to enjoy a comfortable life.