Ando Living: Pedras Negras House

Tucked between the iconic Sé Cathedral and the buzzing Baixa district, Rua das Pedras Negras is one of Lisbon’s most storied streets. Its name — ”black stones” — dates back to the basalt blocks that once paved the way to the city’s ancient harbor.

Now, Ando Living is breathing new life into a historic building on this very street—soaring ceilings. Original azulejos. Ornate iron balconies. Majestic wooden doors. A building that tells Lisbon’s story, floor by floor.
Step outside and you’re seconds from grand plazas, the famous Tram 28, traditional pastelarias, and the river. Step inside and you’re wrapped in quiet sophistication.
Pedras Negras House. 20 apartments. Delivery Q4 2027.
This is heritage, reimagined.

Savvy investors aren’t just buying Lisbon. They’re earning from it.

Here’s what makes Ando Living’s model different — and why smart money keeps coming back to it.

You own the property outright. Freehold. No time-share. No restrictions. Sell whenever you want, to whoever you want.
And when you’re not there? Ando handles everything.

→ 4% guaranteed yield for 5 years (plus 14 free nights/year to use yourself)
→ 6%+ variable yield target based on proven performance
→ 90%+ occupancy rates achieved across Ando properties
→ €270+ average daily rates — driven by prime Lisbon location & year-round demand

Revenue is pooled across all owners and distributed by share — meaning your return doesn’t hinge on whether your specific apartment is booked on a Tuesday in February.
With tourism to Lisbon at record highs, a chronic shortage of quality short-term rental stock (thanks to tightening AL license regulations), and Ando’s building-wide touristic license already secured, the fundamentals here are as strong as they come.

From €570K, with financing available up to 80% — even for non-residents.

This is how you own a piece of one of Europe’s most exciting cities and get paid while you’re not in it.

Payment Installments:
€10,000 - reservation
20% – upon signing the CPCV (Preliminary Purchase and Sale Agreement)
20% - in September 2026
60% - in the deed