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
High Finishings
Designer Furnishings
Chef On Demand
Pool
Courtyard / Patio
House keeping
Virtual Reception 24/7
As an owner, you also have access to all facilities at the Clubhouse, located near your House.
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.
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.
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.
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.
Why invest
with us
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.
A wonderful apartment in the center of Porto, close to everything, and very comfortable inside. Very clean, stylish, and modern interior. We stayed as a family of 4 (2+2), and everyone could rest comfortably. Comfortable beds 👍🏻 all positives – I highly recommend it!
Emilia T. - Santa Catarina House, Porto
From Google Review
, Jul 25
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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?
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.
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?
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.
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.
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
Do I own my Villa?
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Can I live full-time in my Villa?
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Do I need to make my Villa available for rental ?
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Are short stays allowed or only full weeks?
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What does the touristic license mean for me?
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Can I choose another property management operator?
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Can I convert my Villa to full residential use?
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Are the Villas furnished?
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Can I customize the décor?
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Can I do renovations?
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What kind of beds and materials will be used?
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Will there be a restaurant at Ando Living Comporta House?
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What wellness and sport amenities will be available?
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Are firepits or grills allowed on the decks?
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Will there be a gated security at the entrance of the condominium?
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What financing options are available?
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Can you provide examples of price appreciation?
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What taxes will I pay in Portugal?
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What are the monthly fees I’ll pay as an owner?
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I want to buy a Villa. How do I move forward?
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