Porto House
by Ando Living
Managed City Residences · Rua da Torrinha · Heritage Building & Garden Townhouses
The Location
Rua da Torrinha — Porto's Creative Quarter
Porto House sits on Rua da Torrinha in Cedofeita, a central neighbourhood a few minutes' walk from Rua de Cedofeita and the galleries, cafés and independent shops of the Miguel Bombarda arts district.
The development brings together 27 residences across three buildings: a restored heritage building facing Rua da Torrinha, and two contemporary garden townhouses set around private inner courtyards, away from the street.
It is Ando Living's first project in Porto, operated under the same professional hospitality management as its Lisbon residences.
The Residences
Architecture & Interiors
A traditional Porto façade with iron balconies, contemporary red townhouses around private gardens, and interiors finished in warm woods, textiles and Portuguese tile.
The Ownership Model
Own. Let. Grow.
Porto House combines full ownership of a central Porto apartment with professional hospitality management. Rental income is variable, and the long-term case rests on location and capital growth.
Full Ownership
You hold the title deed to your apartment. You can sell it on the open market or pass it to your heirs.
Variable Rental Income
Income follows the property's actual rental performance. The developer's current projection is a net return of approximately 4% per year. This is an estimate, not a guarantee.
Professionally Managed
Ando Living handles guest bookings, housekeeping and maintenance, so owners do not manage the apartment day to day.
Furnished to Brand Standard
Each unit has a defined furniture package (€25,000 for T1, €35,000 for T2, plus VAT), so it is ready to let on completion.
Gardens, Balconies & Courtyards
Every unit has outdoor space. Ground-floor townhouse units have private gardens of up to 120 m², and the upper floors have balconies.
Accessible Entry Point
Prices start at €350,000, lower than comparable central Lisbon stock, in a city whose property market continues to mature.
14 Units Available · October 2026
Apartment Types & Pricing
The 27 residences are T1 and T2 units across the Heritage Building (A) and two Garden Townhouses (B and C). Heritage Building units face Rua da Torrinha and Courtyard A. Townhouse units face the inner courtyards.
| Unit | Type | Floor | Height | Area (m²) | Outdoor (m²) | Price | Furniture | Status |
|---|---|---|---|---|---|---|---|---|
| Heritage Building A · Rua da Torrinha + Courtyard A | ||||||||
| A001 | T1+1 | Ground | 2.85 m | 105 | 64 (garden) | — | — | Sold |
| A002 | T2 | Ground | 2.85 m | 108 | 64 (garden) | — | — | Sold |
| A101 | T1 | 1 | 2.85 m | 68 | 3 (balcony) | €415,000 | €25,000 + VAT | Available |
| A102 | T2 | 1 | 2.85 m | 81 | 14 (balcony) | — | — | Reserved |
| A103 | T2 | 1 | 2.85 m | 102 | 20 (balcony) | €645,000 | €35,000 + VAT | Available |
| A104 | T2 | 1 | 2.85 m | 97 | 21 (balcony) | — | — | Sold |
| A201 | T1 | 2 | 2.50 m | 68 | 8 (balconies) | €425,000 | €25,000 + VAT | Available |
| A202 | T2 | 2 | 2.50 m | 81 | 11 (balconies) | — | — | Reserved |
| A203 | T2 | 2 | 2.50 m | 102 | 11 (balconies) | €655,000 | €35,000 + VAT | Available |
| A204 | T2 | 2 | 2.50 m | 97 | 12 (balconies) | — | — | Sold |
| A301 | T1 | 3 | 2.50 m | 66 | 13 (balconies) | €435,000 | €25,000 + VAT | Available |
| A302 | T2 | 3 | 2.50 m | 81 | 11 (balconies) | €580,000 | €35,000 + VAT | Available |
| A303 | T2 | 3 | 2.50 m | 102 | 11 (balconies) | €665,000 | €35,000 + VAT | Available |
| A304 | T2 | 3 | 2.50 m | 97 | 12 (balconies) | €665,000 | €35,000 + VAT | Available |
| A401 | T1 | 4 | 2.50 m | 57 | 20 (balconies) | — | — | Reserved |
| A402 | T1 | 4 | 2.50 m | 77 | 12 (balconies) | — | — | Sold |
| A403 | T1 | 4 | 2.50 m | 60 | 17 (balconies) | €450,000 | €25,000 + VAT | Available |
| Townhouse B · Courtyard A + Courtyard B | ||||||||
| B001 | T1 | Ground | 2.40 m | 46 | 71 (garden) | — | — | Sold |
| B002 | T1 | Ground | 2.40 m | 48 | 35 (garden) | €410,000 | €25,000 + VAT | Available |
| B003 | T1 | Ground | 2.40 m | 53 | 120 (garden) | — | — | Sold |
| B101 | T1 | 1 | 2.50–4.60 m | 48 | 7 (balconies) | — | — | Reserved |
| B102 | T1 | 1 | 2.50–4.60 m | 44 | 7 (balconies) | €350,000 | €25,000 + VAT | Available |
| B103 | T1 | 1 | 2.50–4.60 m | 49 | 14 (balconies) | — | — | Reserved |
| Townhouse C · Courtyard B + Courtyard C | ||||||||
| C001 | T1 | Ground | 2.40 m | 55 | 80 (garden) | €470,000 | €25,000 + VAT | Available |
| C002 | T1 | Ground | 2.40 m | 55 | 70 (garden) | — | — | Reserved |
| C101 | T1 | 1 | 2.50–4.60 m | 55 | 7 (balconies) | €415,000 | €25,000 + VAT | Available |
| C102 | T1 | 1 | 2.50–4.60 m | 55 | 7 (balconies) | €420,000 | €25,000 + VAT | Available |
* Prices as of October 2026. Subject to change. Furniture package +VAT at the current legal rate (23%). Height shown is net ceiling height. Contact us for the most current availability and floor plans.
The Investment Case
Income and Long-Term Value
Porto House runs only on a variable rental income model. Ando Living chose this structure after reviewing Porto's hospitality market, where average daily rates for smaller units have eased slightly. Its current projection is a net return of approximately 4% per year. The figure is deliberately conservative because the building is not yet complete or operating.
The case is less about a fixed early return. It combines rental income with long-term appreciation, supported by a central Cedofeita address and entry prices below those of comparable Lisbon stock.
T1 apartments start at €350,000 and T2 apartments at €580,000.
Est. ~4% Net · Variable
This is the developer's projection, not a guarantee. Actual income depends on occupancy, nightly rates and operating costs.
Central Cedofeita Address
The building is about 5 minutes' walk from Rua de Cedofeita and around 15 minutes from Clérigos and Avenida dos Aliados.
Accessible Entry Prices
Nine T1 units are available from €350,000 to €470,000, and five T2 units from €580,000 to €665,000.
Capital Appreciation Potential
The long-term case rests on current price levels and the growth of Porto's property market. Future values are not guaranteed.
How It Works
From Reservation to Rental Income
Porto House is a new development. Buying at this stage secures your choice of unit at current pricing. Our team supports you through each step, from unit selection to deed signing. Ask us for the developer's latest construction schedule.
Not sure which unit suits you? Ask our team for a side-by-side comparison.
Enquire Now →Location
Cedofeita, Central Porto
Rua da Torrinha runs through Cedofeita, one of Porto's most characterful central neighbourhoods. It is close to the Miguel Bombarda arts district and the Palácio de Cristal gardens, and within walking distance of the historic Baixa.
- ◆Rua de Cedofeita: approx. 5 minutes' walk, a pedestrian shopping street
- ◆Palácio de Cristal Gardens: approx. 10 minutes' walk
- ◆Torre dos Clérigos: approx. 15 minutes' walk
- ◆Avenida dos Aliados: approx. 15 minutes' walk, the city centre
- ◆Casa da Música · Boavista: approx. 17 minutes' walk
- ◆Porto Airport (OPO): approx. 20–25 minutes by car
Frequently Asked Questions
Everything You Need to Know
Porto House is Ando Living's new development of 27 managed city residences on Rua da Torrinha in Cedofeita, central Porto. It has three buildings: a restored Heritage Building (A) and two Garden Townhouses (B and C). Units are T1 and T2 apartments sold with full ownership and operated under Ando Living's hospitality management on a variable rental income model.
No. Porto House operates only on a variable rental income model. The developer currently projects a net return of approximately 4% per year, but this is an estimate. Actual income depends on occupancy, nightly rates and operating costs, and it may be higher or lower.
As of October 2026, 14 of the 27 units are available. There are nine T1 apartments from €350,000 (B102, 44 m²) to €470,000 (C001, 55 m² with an 80 m² garden), and five T2 apartments from €580,000 (A302, 81 m²) to €665,000 (A303 and A304). Contact us for the most current status.
The furniture package is €25,000 for T1 units and €35,000 for T2 units, plus VAT at the current legal rate (23%). It furnishes the apartment to Ando Living's hospitality standard so it is ready to let on completion.
On top of the purchase price, budget for Property Transfer Tax (IMT, on a progressive scale), Stamp Duty of 0.8%, notary and land registry fees, legal fees and the furniture package plus VAT. The exact amounts depend on the unit price and your circumstances, so confirm them with your lawyer before you commit.
No. Real estate purchases no longer qualify for the Portugal Golden Visa (ARI). The property route was removed by Law No. 56/2023, which took effect in October 2023. If residency is part of your plans, our team can explain the routes currently available, such as qualifying investment funds or the D7 visa.
Cedofeita is a central, increasingly sought-after neighbourhood. It sits between the historic Baixa and Boavista, with Rua de Cedofeita, the Miguel Bombarda galleries and the Palácio de Cristal gardens all close by. That combination appeals to visitors and long-term residents alike. Entry prices remain accessible compared with central Lisbon.
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Tell us which Porto House unit you are considering. Our team will send the latest availability, floor plans, payment details and next steps.
By submitting this form, you agree that The Golden Portugal may contact you about this property enquiry. Information is provided for marketing purposes only and does not constitute legal, tax, or investment advice.
14 Units Available
A Managed Residence in Central Porto
From €350,000, with 14 T1 and T2 apartments available at Porto House in Cedofeita. Variable rental income is managed by Ando Living, with an estimated net return of approximately 4% per year.
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