Investments in Golden Visas plummet 47% in January

The Government’s proposal and then decision to scrap Golden Visa property investment in Lisbon and Porto may be one of the factors behind a sudden 47% drop in applications for January 2020. However, despite this, the total investment attracted via the Government’s Authorisation for Residency through Investment managed to attract more than €5Bn in seven […]

Altice snaps up 51% of Blue-ticket

Portugal’s largest telecoms service provider Altice has bought a majority stake in Blueticket, one of the largest ticketing platforms in the country, from Arena Atlântico owned by Luís Montez. The move comes after Alexandre Fonseca had already promised that Altice (formerly Portugal Telecom) would forge into new business areas. The acquisition was announced by the […]

€50 million to transform old industrial buildings into luxury apartments

A project to transform an old rundown flour mill factory in Faro into a €50 million luxury apartment complex overlooking the Ria Formosa is moving forward, with construction due to begin in May. It is a project that has been in the pipeline for 10 years but only now has it started taking shape. Located […]

Banks exposed to high risk sectors says Moody’s

An environment of historically low interest rates is adversely affecting the ability of Portugal’s banks to be profitable. The result is forcing the banking sector to focus on more profitable but high risk segments of the economy says ratings agency Moody’s which was in Lisbon on Wednesday morning for the event Moody’s Credit Trends Lisbon […]

Boavista Golf and Spa
Spotlight on our Patron members!

Boavista Golf Resort opened in January 2002 and quickly became established as one of the Western Algarve’s premier resorts. With an exceptional 18-hole championship course it is one of the Algarve’s most beautifully manicured courses, bordered by properties all designed to harmonize with the land’s natural contours.
I'll be back soon, given the good feedback I got from all the meetings and visits I made. No doubt the UK is a market that Mindol wants to bet on. - Starting in the UK 2019
Miguel Cunha
International Sales Manager, Mindol
It was indeed an excellent opportunity to socialise and network. So many interesting people – including the selected speakers.
Congratulations for the excellent organisation and elegant choice of venue. - London Gala Dinner 2019
Ramiro Salgado
Partner at ReB Solutions
Thank you for the Algarve Networking Lunch. Everything was so well organised.,..The food was just perfect; so was the company which I enjoyed. - Algarve Networking Lunch 2019
Maria Fernanda Allen
Founder of Portuguese Language Consultants
I want to say that last night’s network had such a great ambiance. I could tell from everyone I spoke to, they were having such a great time but also, networking (hoping successfully). Thanks to all of you for empowering the Chamber to help all of us progress in our business - Monthly Networking Drinks 2019
Jose Contreras
Partner, Saint Michel Consultancy