AMI 12055 - Locally based Agent


Vale do Lobo Development Plots - We can help you !
Written on Friday 21 June 2024

Considering building your own villa can be daunting ... Vendici Properties are able to assist.  We have all the contacts you need (lawyers, architects, project managers, builder etc..) to get you started.  Most importantly we have the perfect sites at very competitive costs.  Contact us to find or more or link this link. 

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Capital Gain/Loss Tax Guide
Written on Tuesday 4 June 2024

A property CAPITAL GAIN is the profit obtained from the sale of a property that was previously purchased at a lower price. This category of income is included in the assessment of the personal income tax (IRS) of non-resident individuals.

Once you sell a property in Portugal, a Capital Gain/Loss Tax Return must be submitted. Even if you sell the property with a loss, a Tax Return must be submitted here until June of the following year.

Read the following blog post which was written by Atlantic Property Tax Consultants who are based in Vilamoura and I know would be delighted to discuss further you projected calculations.

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NHR: A closed door but an open window
Written on Tuesday 4 June 2024

Non-habitual residency (NHR) is a 10-year preferential tax status granted to new residents of Portugal and it has been a major draw to the country for many years. 

The announcement at the beginning of October regarding the proposal for the end of NHR in 2024 was unexpected and has caused quite a stir amongst those who had longer-term plans to move to Portugal, as well as for those who may be concerned about the attraction of Portugal going forward.

The new rules have not yet been finalised and much can change before the 29th November, but what do we know right now?

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Massage Studio Almancil
Written on Tuesday 30 April 2024

Last year we did a Spotlight on Tina’s Beach Massage pergola below Izzy’s Restaurant, but did you know she also has a lovely massage studio in Almancil with her mum and coworkers?

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Brooke's Wine Bar Quinta do Lago
Written on Monday 15 January 2024

This week’s Spotlight is on Brookes Wine Bar & Shop, a lively wine bar which opened within the last year in Quinta Shopping.

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Algarve Candle Co in Boliqueime
Written on Monday 11 December 2023

Algarve Candle Co is this week’s Spotlight, owned by mother and daughter duo, Lauren & Pamela. 

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Spot Na Serra Cafe
Written on Tuesday 28 November 2023

Spot na Serra, near Querença, is this week’s Spotlight; Adrienne in our office picked this lovely cafe as one of her favourite spots. Opened on 15/09/2023, Apphia and Daniel moved from London to Portugal in December ‘22. They lived in London for many years & both worked in hospitality (Daniel in a wine shop, Apphia in a café), but this is their first time owning their own. Over the years they shared a passion for cafes, scouting them out & planning trips around ones they wanted to visit, so they decided to open one – a place for great coffee amongst beautiful nature.

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ARA Fundraising Dinner 2023
Written on Friday 10 November 2023

ARA is hosting a fundraising dinner to aid the most vulnerable animals in our community. The impactful work carried out by ARA is truly heartwarming and essential for the well-being of numerous dogs and cats in the Algarve who have been subjected to abuse or abandonment.

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Dunes Beach Bar at Garrao Beach
Written on Friday 3 November 2023

I recently had the pleasure of visiting Dunes Beach Bar at Garrao Beach, I was really impressed with the range of offerings that cater to diverse tastes and preferences.

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Asian Convenience Store in Almancil: Taste of Asia
Written on Monday 30 October 2023

Today, Taste of Asia in Almancil is celebrating their 3 year anniversary! Plus their relocation to a larger shop next to the original, just off of Avenida 5 de Outubro.
They’re welcoming guests to drop in & celebrate with them today, with bubble tea & tasting of food made by Geraldine available from 10am - 5pm, and a raffle with the chance to win Taste of Asia products.
If you’re curious to know more about Taste of Asia, it’s owned by DJ who is originally from the Philippines, and her ambitions for the store are to turn it into the ultimate Asian Convenience Store. At the moment they offer groceries, frozen foods (including gyozas and samosas homemade by Geraldine), delivery & collection, and you can order ready-made meals. The team is growing. DJ’s business partner, Helder, takes care of logistics & marketing, & also takes care of deliveries within the locality. Ana is the Corporate Associate.

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Seasonal Decor Shops in the Algarve
Written on Monday 23 October 2023

For this week’s Spotlight, we’re highlighting 4 shops where you can find seasonal decor for your home in the Algarve, both Autumn and Winter selections.

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Quinta do Lago Carby Volkswagen W40 Ladies Tennis Open
Written on Saturday 14 October 2023

Did you pop down to the Ladies Tennis Tournament in The Campus this week? 

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Florist In Almancil
Written on Thursday 12 October 2023
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Indian Restaurant Quinta do Lago
Written on Wednesday 27 September 2023
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Villeroy & Boch New Store in Quinta Shopping
Written on Monday 11 September 2023

Villeroy & Boch Second Store Open in Quinta Shopping, Quinta do Lago

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