History

The older of the two, Coobital (Farense Building and Housing Economic Cooperative, CRL), was born in 1975 as a result of the willingness of workers in solving the urgent need for housing for many families. 

The Chasfa (Faro Building and Housing Economic Cooperative, CRL), which came two years later, also becomes a reference in the movement of construction and housing cooperatives.
The destiny of this two housing cooperatives is several times crossed until one day they decide to join forces. Conscious of the new times, Coobital and Chasfa join forces and wills in a new structure, more robust that capitalizes the expertise of both.

In 1992 MCH Algarve Group takes shape, a bet that later would become correct.
Gone are projects that made history and marked a secured growth of the two cooperatives, trying to give solid and lasting steps. The quest for that track was not easy to find, being Coobital a good example of that.
Founded in 1975, made her first construction nine years later, due to difficulties in land acquisition.
In 1984 comes the first of several housing units promoted by Coobital, with 132 apartments, Urbanização Carreira de Tiro, today's Praça da Paz, is also where the cooperative builds its registered office.

Two years later came the Urbanization of St. Louis, with 90 apartments, which would be completed in 1987. In 1988 arises António Sérgio housing project with 82 apartments. Later, the Quinta de Santo Antonio do Alto, with 115 apartments.

In 1992 began the construction of Bom João, with a total of 158 apartments. Also Chasfa arose from the initiative and will of a group of friends. Like Coobital, would soon run into difficulties.

It was at the Carreira de Tiro on land ceded by the City Hall of Faro, that was launched in 1980 the first stone of a total of 304 apartments. Soon after that first project appears the Santo António do Alto with 189 apartments. A few years later starts Bom João with 158 apartments.
Aware that the need for homes is not a local situation, Chasfa starts projects in Vila Real de Santo António and Olhão.

Twenty-eight years later and 1,000 homes built, balance is clearly positive.

So when it comes to housing development in the Algarve, there is a name that has become unavoidable: MCH Algarve is synonymous of quality, social well-being, trust and innovation. A clear example that sometimes the whole can be much more than just the sum of its parts.

The group is expanding, embracing new towns in the Algarve and creating new services and solutions for its affiliates.

The MCH-group Algarve is now a reality and an organization with future, which has been creating certainties of an increasing quality of their work, projecting future legitimately high expectations. Betting on quality housing projects with innovative concepts and high level of thoroughness, in the binomial quality and price. MCH moves in search of housing projects that focus on the future sustainability of cities and the appropriate reuse of resources that nature provides, in particular as regards energy efficiency.

Within the present context the main priorities of this organization are defined as produced product quality certification and real quality guarantee for de affiliates.

It is with realistic and certain that this group knows what it wants and where to go. It will continue to developing and growing in social and support to its affiliates in several areas. There is only one purpose: make you feel, demonstrating that we are with you! With thousands of homes built and distributed over these 30 years, the MCH Algarve Group knew assert itself in the national social housing market, integrating today, Chasfa and  Coobital, the governing seats of the National Federation of Housing Cooperatives (FENACHE), as well as international organizations of the cooperative sector.