T1+1 Baixa Lisbon Apartment

Historic Serviced Residences | Downtown Lisbon

A collection of 20 fully serviced residences within a historic Lisbon building, combining freehold ownership, flexible personal use and professionally managed rental income.

Currently undergoing a comprehensive renovation with completion scheduled for Q4 2027, the development offers a selection of studios to three-bedroom apartments in the heart of Lisbon.

THE CONCEPT

Designed for both investors and pied-à-terre owners, the residences benefit from touristic licensing and a fully managed hospitality model.

Owners enjoy flexible personal usage alongside the potential for rental income, without the day-to-day responsibilities of operating the property. Ownership also provides access to an international network of lifestyle amenities, including wellness facilities, extended living spaces, restaurants, bars and concept stores.

REVENUE MODEL

Rental income generated across the residences is combined into a single revenue pool and distributed among owners according to their respective ownership shares.

This structure reduces exposure to the occupancy performance of an individual apartment and aims to provide greater income stability.

Owners can choose between two revenue models:

4% Guaranteed Yield - Calculated on the acquisition price and guaranteed for the first 5 years, after which the property transitions to the variable revenue model. Includes 14 nights of personal use per year at no additional charge.

5%+ Variable Yield – Estimated - An estimated variable return based on comparable operating projects. Returns are not guaranteed and vary according to operational performance and the owner's personal usage.

FLEXIBLE OWNER USAGE

Up to 14 nights per year- Owners receive a complimentary voucher equivalent to 14 nights × the Average Daily Rate (ADR) of their apartment, redeemable across the operator's international portfolio.

Up to 6 months per year - Owners remain within the revenue pool and continue receiving their respective share of income. Personal stays are charged at a preferential owner rate and deducted directly from the owner's revenue share, with discounts of up to 40% on longer stays across the operator's portfolio. No upfront payment is required.

More than 6 months per year - Owners exit the revenue pool and transition to a private-use structure, with monthly management, condominium and utility costs applicable.

OWNER FEES

The monthly Owners' Club membership includes building management and access to the operator's international network of clubs:

Studio & 1-Bedroom: €150/month

2-Bedroom: €200/month

3-Bedroom: €300/month

Condominium fees are €2.50/m² per month, plus individual utility consumption.

KEY HIGHLIGHTS

20 Serviced Residences · Studios to 3 Bedrooms · Freehold Ownership · Touristic License · 4% Guaranteed Yield Option · 5%+ Estimated Variable Model · Flexible Owner Usage · Professionally Managed · Historic Lisbon Building · Completion Q4 2027