Pedras Negras House
Lisbon ,
Portugal
Delivery 2027


In-room dining
Pool
Patio
House keeping
Welcome kit
Bathroom
amneties
Press
Lifestyle infused living
Units
20
Bedrooms
T0 to T3
From
56 to 204 sqm
From
€ 515,000
Target return
+6% Yield
Project overview
Historic grandeur in the heart of Lisbon
RUA DAS PEDRAS NEGRAS THE TRUE SPIRIT OF LISBON, STONE BY STONE
Today, it remains a street of true Lisbon character: gently sloping, lined with Pombaline buildings, ornate iron balconies, majestic wooden doors, and tiles that tell stories.
The soaring high ceilings, stone walls, and graceful proportions of the buildings reflect Lisbon’s golden age of architecture. You’ll find peaceful residential charm here — but just steps away, the full buzz of downtown.
Rua das Pedras Negras offers a rare blend of history, beauty, and centrality in one of Lisbon’s most desirable postcodes.
A historic gem with modern comfort
Preserved with care, the structure showcases the best of Portuguese architecture: original wood parquet, traditional Portuguese azulejos, stone walls, and elegant historic detailing.
Our in-house architecture and interior design team has carefully updated the space with natural textures, premium finishes, and soft, soulful tones — creating warm, refined interiors that feel rooted in Lisbon, yet timeless in spirit.
EARN INCOME WHEN YOU ARE AWAY, WITHOUT DOING A THING
Thanks to prime locations and year-round demand, our Ando Living apartments consistently achieve over 90% occupancy rates and average daily rates of over €270.
This translates into net returns of up to 6% annually — passive income for you, with no effort required on your part.
with us
ENJOY A FULL OWNERSHIP PROPERTY WITH FLEXIBILITY
Fully own the deed to your property with no time-share restrictions. You are free to sell your property on the open market at any time.
STAY WHEN YOU LIKE
Use your property for any duration, from a single day to an entire year. Enjoy the full Ando experience, including clubhouse access, housekeeping, 24/7 assistance and more.
Generate Rental Income
Rent out your property when it’s not in use and generate income — choose between a fixed 4% return or a variable net yield of 6%+ (target) after all costs. The less you stay, the more you earn. With our fully managed rental service we take care of everything to maximise your returns.
Stay in any Ando Living location
Serviced apartments/Villas are the future of flexible living
With Ando Living you invest in the future of lifestyle and living choices: flexible living. Modern travellers won’t live in one location anymore. Our properties are secured with the touristic license, ensuring compliance with short-term rental regulations. Each apartment or villa comes fully furnished, ready for use.

Ando Living aligns perfectly with our lifestyle, offering access to properties across Europe for incredible flexibility. Our place in Porto is fully equipped, available whenever we want, and generates income effortlessly when we’re away.
Mark B. from Toronto, Canada

discover more serviced apartments for sale
Find answers to your questions
What type of ownership do I have ?
Can I live in the apartment?
How flexible is my stay?
Can I earn rental income?
Are the apartments furnished?
What financing options are available?
What is extended usage?
Why are serviced apartments a good investment?
Which services will I have access to?
What is the payment plan?
What is the management fee?
Can I sell my property? When and to whom? Do I have to sell through Ando?
To reserve an apartment, sign the reservation agreement and submit €10,000 to the designated bank account.
Are there any storage options?
We are working on a solution for storage, allowing owners to leave personal belongings when they are not using their apartment.
Find answers to your questions
What type of ownership do I have ?
Strategically located across Europe’s most vibrant cities, our lifestyle-serviced apartments are designed to cater to your every need. Whether for personal getaways or simply investment purposes, we have the perfect apartment awaiting you.
Can I live in the apartment?
Yes, you can live in the apartment. You will have condominium fees to pay, similar to a normal apartment. These fees differ for each project, contact us for the details.
How flexible is my stay?
Use your property for any duration, from a single day to an entire year. Enjoy the full Ando experience, including clubhouse access, housekeeping, 24/7 assistance, in-room dining and more.
Can I earn rental income?
Yes, you can earn rental income while you’re away. Our fully managed rental service, leveraging 400+ platforms, can yield up to 6% net on all costs. Financing options are available to further enhance your returns. The less you stay the more you earn.
Are the apartments furnished?
Yes, each apartment is fully furnished and ready for use, ensuring a seamless living experience.
What financing options are available?
Loans up to 80% of the property value are available, even for non-residents. Loan terms can extend up to 30 years with interest rates as low as 3%. Utilizing financing can further enhance your rental yield.
What is extended usage?
You can use your free annual travel voucher to stay in other Ando Living neighbourhoods across Europe, with properties spanning the Mediterranean and major European business centers. We aim to be located in 7 countries by 2030.
Why are serviced apartments a good investment?
Serviced apartments are the future of flexible living With Ando Living you invest in the future of lifestyle and living choices: flexible living. Modern travellers won’t live in one location anymore, with remote working people will live in different locations. Our apartments are secured with the touristic license, ensuring compliance with short-term rental regulations. Each apartment comes fully furnished and ready for use.
Which services will I have access to?
Serviced apartments are the future of flexible living The services you have access to depend on whether your apartment is in a Clubhouse or a House. Contact us for specific details about the services available in each project.
What is the payment plan?
The payment plan varies depending on the project but generally involves installments. There is a €10,000 reservation fee to block the apartment, initiating the due diligence period (typically 2-4 weeks). After this period, the Promissory Sales and Purchase Agreement (PSPA) is signed, followed by several installments depending on the project’s complexity and construction phase.
What is the management fee?
Instead of a traditional management fee, serviced apartments typically operate under a revenue-sharing model. Ando covers the majority of the costs, and the revenue is split between the owner and Ando.
Can I sell my property? When and to whom? Do I have to sell through Ando?
You are free to sell your property to anyone, at any time, even selling your position in the Promissory Sales and Purchase Agreement. You are not required to sell through Ando Living; however, if you choose to, we can act as your real estate broker.
How do I reserve an apartment?
To reserve an apartment, sign the reservation agreement and submit €10,000 to the designated bank account.
Are there any storage options?
We are working on a solution for storage, allowing owners to leave personal belongings when they are not using their apartment.
What is the difference between a touristic license and an AL license?
In Portugal, a short-term rental license (AL license) applies to residential properties for individual apartments, granted by Tourism of Portugal, but has faced scrutiny and restrictions. Ando Living apartments have a touristic license, which is granted to the entire building and protects owners from losing the license, ensuring compliance and stability.