APEGAC - Associação das Empresas de Gestão e Administração de Condomínios carried out, in partnership with DATA E, a consultancy and business management company, a study that reveals that, of the
1,971 companies operating in the sector, more than half invoice less than 65 thousand euros per year. The study, sent to the editorial office of
SUPERCASA Notícias, aims to
know the market reality of companies operating in the sector of management and administration of communities of owners, with the Economic Activity Code Rev3 68322, according to the database of Informa D&B (2022).
In a sector composed of 3,347 companies active in mainland Portugal, whose activity belongs to the condominium management and administration sector, only 1,971 (58.9%) have valid contacts, and it was possible to contact 1,662 companies (84.3%), among which 326 interviews were concluded and 253 negative, 480 declared that they do not work with condominium management and 309 were not effectively contacted after reaching the maximum number of attempts per contact.
According to the study, 87% of the surveyed companies confirmed the information regarding their main economic activity: 214 companies declared that their main activity is condominium management and have this activity registered as their main activity; while 70 companies confirmed that condominium management activity is not their main activity. On the other hand, 24% of the enterprises do not engage in condominium management, even though they have this activity registered as their main activity.
The scope of the study was widened when other services were mentioned by companies that have more than the main one, such as "Cleaning and general maintenance of buildings", with 27.3%, and "Real estate mediation", with 26.7%. On the other hand, 47.2% of the surveyed companies mentioned that their only activity is condominium management, revealing that other services are being prioritised. Condominium management companies have an average of five employees, three of whom are dedicated to this activity.
"This is a sector of activity that, despite being mostly made up of micro-companies, generates a lot of employment, as well as contributing to the employability of other sectors related to homeowners' associations, such as cleaning, gardening and lift maintenance companies, among others, contributing a considerable volume of business. We cannot fail to point out, with this study, the fact that most of the companies that are registered for this activity with the tax authorities do not carry it out, which reveals the difficulties that this sector of activity is going through, as a result of its lack of regulation, which leads to practices that discredit it and to the insecurity of consumers (condominium owners)", underlines the president of APEGAC, Vítor Amaral.
The turnover of companies operating in the condominium management sector represented, in 2022, about 750 million euros, employing more than 10,000 people and having, on average, 4.2 employees per company. Each company in this sector invoiced, on average, around 275,000 euros in 2022, according to data from Informa DB.
Through the study, to which
SUPERCASA Notícias had access, it was possible to verify that the average age of the companies operating in this sector is 12 years old and more than 44% of these companies are located in the
Lisbon region. The
Porto region occupies the first position with around 84.7% of the companies stating that their main activity is condominium management, while the
Centre region is in last position, with 69.1% of the references.