What Bolsa dos Condomínios does

Bolsa dos Condomínios is a private Portuguese condominium management company headquartered in Vilamoura, Algarve, founded in 2003 as a continuation of the property management operations originally begun by Garvetur in 1983. The firm provides professional administration services to condominium owners associations across the Algarve, covering convening and minute-taking of assemblies, regulatory drafting, representation before authorities, financial administration (budget proposals, quota collection, bank account and payment management), and contracting/supervision of common-area service providers such as cleaning, pool and garden maintenance, repairs, and insurance. It also distributes MAPFRE NetCasa multi-risk home insurance through partnership as an add-on offering for clients.

The company operates two physical offices (Vilamoura headquarters and Albufeira) and serves roughly six Algarve municipalities: Vilamoura, Quarteira, Loulé, Olhão, Faro, and Albufeira. Its technology stack is built around the Gecond digital platform (provided by technology partner Improxy), which powers the 'O Meu Condomínio' online client portal for condominium owners and underpins the firm's 2026 Improxy Digital Excellence Seal recognition. The trilingual website (Portuguese, English, French) supports inbound from international owners, particularly British and French second-home buyers in the region.

Bolsa dos Condomínios generates revenue through ongoing professional-services management fees charged to condominium associations under quote-based contracts; pricing is not publicly disclosed and is determined per property via an online request form. The firm's go-to-market is sales-led, combining physical office presence, online quote capture, an active content/news section, and industry-event participation (notably II Convenção dos Condomínios organized by APEGAC and Salon de la Copropriété in Paris). Director Gonçalo Matos, who also serves on the board of APEGAC, leads a small 5-person team, and the firm maintains an ecosystem of minor vendor partners (maintenance, insurance, elevators, energy, design) that complement its core administration offering.

Name

Bolsa dos Condomínios

Legal name

Bolsa dos Condomínios

Website

https://bolsadoscondominios.pt

Company type

Private

Founded year

2003

Operating status

Operating

Short description

Bolsa dos Condomínios is a private Algarve-based condominium management firm providing administrative, financial, and maintenance administration services to residential and commercial condominium owners associations across Vilamoura, Albufeira, and surrounding municipalities in southern Portugal.

Ownership category

akta.pro rank

Product category

Condominium Management Services

NAICS

Services to Buildings and Dwellings (5617)

SIC

Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Condominium Association Management (BPAJAHAA)

Keywords

• Condominium management
• Property administration
• Building management services
• Owners association management
• Facilities maintenance coordination

Headquarters

HQ city

Vilamoura

HQ country

Portugal

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Condominium Management Services: The company generates revenue through professional condominium management services including administrative services (convening assemblies, drafting minutes, representing condominiums), financial management (budget proposals, collection of provisions, account management, tax registration), and service contracting (cleaning, pool maintenance, gardening, repairs, insurance). Revenue is generated through ongoing management fees charged to condominium owners associations.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Bolsa dos Condomínios provides professional condominium administration services to building owners associations in Portugal's Algarve region. Its core offerings include administrative management (convening assemblies, drafting minutes, representing condominiums before authorities), financial management (budget proposals, quota collection, bank account management, tax registration), and contracting/supervising service providers for cleaning, pool and garden maintenance, repairs, and insurance. Services are delivered through two physical offices (Vilamoura and Albufeira) and the Gecond client portal.

Product overview

Bolsa dos Condomínios is a condominium management company offering a comprehensive suite of services including administrative area management (convening assemblies, drafting minutes, representing condominiums), financial area management (budget proposals, quota collection, bank account management), and service contracting (cleaning, maintenance, repairs, insurance). The company, founded in 2003 as a continuation of Garvetur's property management business, also offers MAPFRE multi-risk insurance through partnership. The services are delivered through a web platform and the company has recently launched a new website to improve client communication.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Area Services
• Service Contracting
• MAPFRE Multi-Risk Insurance (NETCASA)
• Administrative Area Services

Quantifiable outcome

• Successfully manages condominiums across the Algarve region with offices serving Vilamoura, Quarteira, Loulé, Olhão, Faro, and Albufeira

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

13 partnerships are on record, tiered minor and core.

• Casa ProntaminorOthersMaintenance services partner providing repair and maintenance services for condominiums. Website: casapronta.com.pt
• EG SegurosminorOthersInsurance partner offering multi-risk insurance solutions for condominiums. Company also partnered with MAPFRE for NetCasa multi-risk home insurance with special conditions for clients.
• GarveturcoreStrategic or Co-development PartnerStrategic partner with historical connection - the company was created in 2003 as continuation of Garvetur's property management operations started in 1983. Garvetur provides real estate services and is related through common ownership/management.
• VisacarminorOthersRent-a-car services partner for clients and visitors. Website: visacar.pt
• AlvarsolminorOthersLaundry services partner. Website: alvarsol.pt
• VisatempominorOthersTemporary staffing services partner. Website: visatempo.pt
• APEGACcoreStrategic or Co-development PartnerPortuguese Association of Condominium Management Companies. The company is a member and participates in industry events, conventions, and advocacy for professional condominium management. The Director of Bolsa dos Condomínios serves as Director of APEGAC.
• ImproxycoreTechnology or IntegrationTechnology partner providing the Gecond digital platform for condominium management. Also organizes the Gecond Partner program with digital excellence awards.
• Schmitt + Sohn ElevadoresminorOthersElevator services partner. Website: schmitt-elevadores.com
• ConfienergyminorOthersEnergy services partner. Website: confienergy.pt
• Especial1minorOthersSpecialized services partner. Website: especial1.pt
• ExtinstalminorOthersFire safety equipment services partner. Website: extinstal-extintores.webnode.pt
• D&D Interior DesignminorOthersInterior design services partner. Website: facebook.com/dedinteriordesign

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Garvetur Properties: Real estate and property management firm in the Algarve with which Bolsa dos Condomínios shares a historical and ownership relationship through common Garvetur origins since 1983. Operates adjacent services (brokerage, rentals, holiday letting) overlapping the same owner and condominium customer base in the same geography.

Broad incumbents

• FirstService Residential: One of the largest HOA and condominium management companies in North America, managing thousands of residential community associations. A broad incumbent providing the same core services—administrative, financial, maintenance contracting—that Bolsa dos Condomínios provides, but at much greater scale and geographic breadth.
• Yardi Systems: Long-established provider of property and HOA management software and services used by large community association managers globally. Comparable as a broad incumbent offering the underlying platform and managed-services stack that condominium managers operate on.

Emerging players

• AppFolio (Property Manager): Cloud-based property management software platform widely adopted by community association and HOA managers. Comparable because modern condominium managers depend on platforms like AppFolio to deliver the digital owner-portal experience that Bolsa dos Condomínios provides via Gecond.
• Buildium: Property management software used by thousands of small HOA and condominium management firms for accounting, tenant/owner portals, and maintenance workflows. Directly competes with the Gecond platform as the software layer enabling services like those offered by Bolsa dos Condomínios.

Regional players

• NClube: Portuguese condominium management firm offering administrative, financial, and technical services to condominium associations in Portugal. Closest direct geographic peer to Bolsa dos Condomínios within Portugal, competing for the same HOA accounts through similar service lines.
• Assofacil: French condominium (copropriété) management and administrative services provider serving residential buildings in France. Comparable as a regional player operating the same HOA administration model in another European country, demonstrating the structural demand for professional condominium management across continental markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bolsa dos Condomínios