Alfama Club

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.

Architects from “Saraiva & Associados” have designed amazing residential spaces, including a pool, solarium, bar, work and event areas, gym, and Concept Hub with shops and restaurants.

Construction will start in the 3rd quarter of 2024, with project completion planned for the third quarter of 2026.

The project provides a variety of unit types, ranging from studios to three bedrooms, totaling 56 units.

Prices for apartments range from 395,000 Euros to 2,000,000 Euros.

Sales are conducted in the form of property ownership (Freehold) with mandatory furniture packages and flexible payment terms:

• 10,000 Euros reservation
• 20% upon signing the Promissory agreement (CPCV)
• 20% after completion of the foundation construction
• 20% after completion of the construction
• 40% 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 Alfama Club” and have a guaranteed income from the hotel pool and amenities to enjoy a comfortable life.

Location: Lisbon

Type: Business

Type: 100524/1LX

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