The Association is
funded by an annual subscription, currently euros 45, which
has remained unchanged for many years.
Our previous funding, by deduction of a small percentage of
Owners' rental incomes, has been suspended since 1999, as
our costs have declined, thanks to the largely harmonious
relationships now in force; whereas in 1993/4, the
Association directly secured Esc 20,5 million (=euros
102,250) of funds on its members' behalf, following
bankruptcy of the the previous management company.
The Association also facilitated formal meetings at Quinta
do Paraiso in each November, 1994, 1995 and 1997, in
accordance with the Portuguese law concerning 'aldeamenta
turistica'. More recently, it has been clarified that this
legal status does not apply to Quinta do Paraiso.
During the 2000 decade, a constitutive title for 'touristic
apartments' was being considered; but following the change
in law in 2008, the current legal status was agreed (see
Home page).
In April 2010 the Boardmembers of the House Owners
Association strongly resisted proposals made by the
incumbent Management of Quinta do Paraiso to significantly
vary the current Management Contract at very short notice.
Negotiated changes were subsequently agreed to take effect
from November 2010.