Saturday, May 23, 2015
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AFPOP Seminar - Insurance for foreigners in Portugal

AFPOPafpop has organised a second seminar aimed at clarifying the options available on insurances and using insurance for investment. Presentations by Henrique Pinheiro of Medal Insurance and Matthew Krystman from Blevins Franks, will cover many important aspects of relevance to foreigners residing in Portugal. Insurance is a very broad and often confusing subject so our two speakers, both experts in their own fields, will explain a number of issues that afpop has been asked about by Members and the options of many more. They will also be available to answer general questions about insurance related matters 'from the floor' at the end of the presentations.

The seminars will cover:

  • Car insurance
  • foreign registered vehicles and the difference between insurance policies in other countries
  • the matriculation process
  • driving outside Portugal
  • who can drive the vehicle
  • House insurance
  • building and contents cover and how to calculate the sums insured
  • third party liability
  • earthquake risk
  • Health insurance
  • age limits and cover for pre-existing conditions
  • foreign health policies
  • cover for foreign travel
  • Insurance Bonds for investment purposes
  • the potential for tax advantages when investing in insurance products and the diverse investment choice
  • using insurance products as a platform for retirement planning – the role of QROPS and QNUPS

The seminar will be held in the Faro Câmara meeting rooms in the walled old city of Faro on Thursday 4th June and this replaces the one originally planned for last October. Registration and coffee will start at 10.30am and the seminars will begin at 11.00am and finish by 12.30.

Please book your place as soon as possible through the afpop office on 282 458 509 or by e-mail to members@afpop.com. The seminars are open to all and will be free to afpop Members but a small charge of 10 euros will be made to non-Members payable on the door.

   

AFPOP presentation: EU funding for projects

How can European funds help your business to grow?

AFPOPDo you have an idea for a new business but don't know where to find the start-up capital?

Do you own a business and want to expand but don't have liquid funds to free up for the development?

Are you aware that there are EU funds available to help you?

If you are aware – do you know how to go about applying for funds and grants?

afpop, Portugal's largest Foreign Residents' Association, together with their partners LPro and Neomarca, are holding two meetings in March, where the opportunities and the solutions will be presented and your questions will be answered.

On the 17th and 18th March there will be information sessions about the new European funds, which will last for approximately 90 minutes and will include breakfast and ongoing refreshments. The meetings will begin with a presentation by Paulo Pereira of Neomarca, before questions are welcomed from the audience. These meetings will be free of charge for afpop Members and will cost only 15 euros to non-Members, payable in cash on the day. Places are limited and further events will be organised if required.

Throughout the next six years, Portugal will be receiving €25 billion from Brussels as part of the National 2014-2020 framework programme entitled 'Portugal 2020'. These European funds can help you develop your project and make your business ideas become reality. Neomarca, a company that specialises in arranging funding, can help you discover this new programme. Paulo Pereira holds a degree in Corporate Finance from the University of the Algarve and since 1995 he has been developing consulting activities with the aim of supporting the financing of Small and Medium Sized Enterprises (SME) through access to European funds and incentive system financing.

Between 2007 and 2014 Neomarca secured funding for almost 240 projects, representing an investment of more than €40 million. Come and find out if European funds can help make your dreams come true.

17th March – Lagos Way Point Restaurant - Marina Club at Lagos Marina
Time: 8.30 a.m. Breakfast followed by the seminar. (Reception opens 8.15)

18th March – Vilamoura Crowne Plaza Hotel
Time: 8.30 a.m. Breakfast followed by the seminar. (Reception opens 8.15)

To reserve your place at these events please contact the afpop office on info@afpop.com or by phone on 282 458 509. Places will be limited so don't delay.

If you have an idea for funding that you would like to submit ahead of the seminar so that it can be researched ahead of the event, please give details when booking. Any information will be kept in strictest confidence

   

Algarve Cup 2015 between March 4 and 11.

The Algarve Cup is a global invitational tournament for national teams in women’s football and will be held this year between from 4 – 11 March 2015. This yearly tournament it is one of the most prestigious women’s football events and takes place in the Algarve region in Portugal since 1994.

Algarve Cup Groups

Algarve Cup 2015 Groups and Teams

Algarve Cup Matches

Algarve Cup 2015 Games and Matches

Find the match results in english here and a german version here.

   

Algarve Authorities Abandon National Heritage Site

Meravista.com asks why the authorities in the Algarve's Monchique hills are allowing a disused 17th century convent to fall into ruins, whilst 120kms east in Tavira, a similar building has been preserved over the years by a succession of owners and is currently up for sale at €2.25m.

Monchique - Nossa Senora do Desterro17th century Franciscan convent - Nossa Senhora de Desterro (Our Lady of Exile) is one of the region's remaining examples of Manueline architecture. It was built by order of a Viceroy of India, Pêro da Silva, who is believed to have planted the massive magnolia tree in the grounds and it's said that he was later buried here.

The great earthquake in 1755 left the convent badly damaged and, following the abolition of religious orders in 1834, its altar pieces and statues were moved to other churches. The convent's Manueline style carved stonework is worn, but still distinguishable. A vaulted ceiling and many of the structure's arches are largely intact. There are enough tiles remaining to make out a scene of the last supper on one of the inner walls and the upper part of a blue tiled cross is very likely the remnants of what had once been the convent's 14 Stations of the Cross – a path of devotion introduced by the Franciscans, which became common practice in the Roman Catholic religion.

 According to Wikipedia Convento Nossa Senhora de Desterro was afforded heritage site protection in 1981 under registration number 70937. However the link is invalid and the registration page no longer seems to exist on the IGESPAR website.

An article published in the local English paper – The Algarve Resident – in January 2012, stated that in 1985 the convent was purchased from its private owners by the local council - Monchique Câmara.

The Câmara put the reconstruction of the building to tender in 2003 and, in 2004, a project to convert the monument into a luxury 24-room hotel with a swimming pool was approved by the IGESPAR. The planned project would aim to maintain the facade of the convent and retain and restore the building's original features. But, the plans were put on hold. An online petition to preserve the convent, was started by the convent's defenders and promoted by The Algarve Resident, but it has collected only 207 signatures to date.

Meravista.com director, Anita van Huson comments: "Ironically, east of Faro near Tavira, known as the 'Venice of the Algarve', lies the Convent de Santo António. The convent was built in 1612 by Capuchin monks, was transformed into a private residence in the 1800s and then restored and opened as an eight bedroom boutique hotel in 1994. It's is currently up for sale on Meravista.com at €2.25m."

Ms van Huson continues: "From a personal perspective, there are so many questions I'd like answered. For starters, why are the remains of this wonderful landmark being allowed to fall deeper and deeper into a state of disrepair and why was the heritage listing cancelled around the same time the Câmara took possession and obtained development permission?" And she adds: "From a business perspective, Meravista.com would love to be able to market this property to a buyer who might invest the time and money to restore this fabulous building to a useful purpose, thereby saving another piece of Algarvean heritage".

At the time of issuing this press release, despite several attempts to obtain information on the status of the Convento Nossa Senhora de Desterro, Meravista.com has been unable to obtain a statement from the Monchique Câmara or the IGESPAR. The Regional Director for the Direção Regional de Cultura do Algarve, the arm of the Government responsible for the promotion of culture in the region, responded saying that the building was not owned by the Direção Regional da Cultura do Algarve and they had no plans for it. They referred us back to Monchique Câmara.

For further information contact michele@meravista.com

Editors notes
IGESPAR - Portuguese Institute of Architectural heritage – is the government arm of Portugal's heritage protection and has laws and information which explain what a heritage site is, and how to protect such buildings and locations.

About Meravista.com
Meravista is the world's largest property portal devoted exclusively to the Algarve. It brings visitors the latest state-of-the art search technology, making it easy for them to find their perfect property in the Algarve.

Property buyers can search for their retirement Quinta in Tavira, luxury villa in Quinta do Lago, a second home in Lagos or a beachfront apartment in Vilamoura.

They can choose their favourite location on the map, select their desired criteria, and see the Algarve properties that fit the bill:

  • View maps, listings and property details at the same time
  • Choose from over 21000 Algarve properties
  • Compare properties side by side
  • Save favourite properties and searches

http://pt.meravista.com/en/home

   

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