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CASE STUDY
Flores 74
Lisbon, Portugal
A Lisbon love story
The homeowners of Flores 74 first visited Lisbon a few years ago and instantly fell for its cobblestone streets and colourful charm, coupled with encouraging investment figures.

With a vision to invest in Lisbon's growth, they purchased their apartment on Rua das Flores through Athena Advisers, who guided the couple through the most promising opportunities in the city.

As the delivery date of January 2019 approach, the homeowners turned to Athena Collection for design assistance and preparation for the short-term market. Our team paired them with local designer Alice and the results were stunning.
From one Athena team to another
This home was purchased as a second home investment, so it was clear to the owners that short-term rental would be on the agenda. Having chosen Athena Collection as their property and rental manager, the management of the property transitioned to our team even before the delivery of the apartment.

Athena Collection assisted the clients with the coordination of interior design, installation of utilities, compliance with local rental laws and registration of the AL (short-term let) license, as well as taking care of the photoshoot amongst other setup details.

By the end of January 2019, Flores 74 was ready for rental.
45
Bookings taken within 3 months
94%
Occupancy rate
30%
Higher than average nightly rate
Rental Magic
Athena Collection now actively manages the Flores 74, assisting with general maintenance and running all operations relating to the short-term rentals.

The home has been published on various booking channels including Airbnb, HomeAway, Expedia and Booking.com and our team take care of the entire process from listing the home through to guest communications, check-in, and payment management.

The guests receive customised welcome baskets, organic Korres toiletries, a fully stocked kitchen and handwritten guides to the city many Athenians are proud to call home.