Algarve’s boom in luxury hotels

2020 signals the Chinese Year of the Rat but in Portugal it is all about luxury hotels and the Algarve is basking in success in every respect.News this week involves the imminent inauguration of the first enterprise by Madeiran developers Leakcock Investments – already renowned for two stunningly beautiful five-star hotels in Funchal – and […]

Banks in police search over money laundering claim

Portugal’s judicial police PJ carried out searches on Thursday at Montepio bank and mutual association and BNI Europa over allegations of fraud and money laundering. The searches followed the issue of 15 search and seizure warrants as part of an inquiry opened in 2015 by Portugal’s criminal investigation department DIAP in Lisbon and which relate […]

Portugal beats €1Bn contract investment record

For the second year running Portugal has beaten the record for attracting Direct Foreign Investment (DFI )with €1Bn of contracted investment. Last year Portugal succeeded in signing contracts for 80 new investment projects from 15 different countries. Around 75% of the €1Bn contracted in 2019 was from overseas. The information was released by the Secretary […]

Government to inject €1.4Bn into Novo Banco

The Government is looking at ways to speed up the last phase of a recapitalisation process of a bank that was created from the ashes of Banco Espírito Santo which collapsed in 2014. Novo Banco will receive a one-off capital injection of €1.4Bn sooner than later which will enable the Government to save €600 million […]

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