The building is being refurbished into 25 residential units. The apartments type will vary from studios to two-bedroom apartments with areas varying between 34 and 79 sqm. All apartments will be fully furnished and include air-conditioning, double glass windows and fully equipped kitchens. The top floor apartments will have river views. All the apartments come with a fixed income. All expenses including maintenance, condominium, water and electric will be responsibility of the management company. A long term contract was negotiated with an experienced hospitality company in Lisbon which is specialized in renting prime service apartments in this area.