Pedras Negras House

Lisbon ,

Portugal

Pedras Negras House is a historic gem nestled between the Sé Cathedral and Baixa’s lively streets. With just 20 uniquely designed apartments, it offers a rare blend of architectural charm, refined comfort, and quiet sophistication—an exceptional retreat in one of Lisbon’s most iconic and central neighborhoods.

Delivery 2027

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In-room dining

Pool

Patio

House keeping

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Welcome kit

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Bathroom
amneties

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Press

As an owner, you also have access to all facilities at the Clubhouse, located near your House.
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Lifestyle infused living

Tucked between the iconic Sé Cathedral and the vibrant Baixa district, Rua das Pedras Negras is a true gem in the heart of Lisbon. This charming street, rich in character and history, invites you to explore grand plazas, elegant architecture, and hidden corners filled with soul. Just steps away, you’ll find trendy cafés, traditional pastelarias, designer boutiques, and the famous Tram 28 weaving through the city’s most scenic streets. With its central location, timeless beauty, and the comfort of modern living, Pedras Negras House offers an authentic Lisbon experience—where heritage meets everyday life.

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

Baixa is Lisbon’s most central and iconic neighborhood — a vibrant grid of grand plazas, elegant boulevards, and Pombaline architecture that reflect the city’s resilience and charm. Located just steps from the Tagus River and the historic Sé Cathedral, Ando Living Pedras Negras House sits at the crossroads between Baixa’s urban energy and the timeless quiet of old Lisbon.

RUA DAS PEDRAS NEGRAS THE TRUE SPIRIT OF LISBON, STONE BY STONE

One of Lisbon’s most emblematic streets — tucked between the Sé Cathedral and the Baixa district. Its name means “black stones”, referencing the basalt blocks that once paved the way to the city’s ancient harbor.
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

The building offers 20 serviced apartments across 4 floors, ranging from charming studios to spacious two-bedrooms. Each apartment has its own layout and character, with exceptionally high ceilings, large windows, and an abundance of natural light.
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 the touristic license we secured, your apartment at Pedras Negras House can be rented legally when not in use. When you’re not using your apartment, we rent it out for you — handling everything from full rental management to day-to-day operations.
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.
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Why invest
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

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.

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.

Simple line drawing of a modern building with geometric shapes, featuring rectangular and arched windows.

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Find answers to your questions

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.
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.
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.
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.
Yes, each apartment is fully furnished and ready for use, ensuring a seamless living experience.
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.
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.
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.
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.
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.
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.
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.
To reserve an apartment, sign the reservation agreement and submit €10,000 to the designated bank account.
We are working on a solution for storage, allowing owners to leave personal belongings when they are not using their apartment.
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.

Find answers to your questions

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.

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.

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.

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.

Yes, each apartment is fully furnished and ready for use, ensuring a seamless living experience.

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.

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.

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.

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.

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.

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.

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.

To reserve an apartment, sign the reservation agreement and submit €10,000 to the designated bank account.

We are working on a solution for storage, allowing owners to leave personal belongings when they are not using their apartment.

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.

Contact us

If you have a question about your stay with us, please contact our hospitality

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