While Angra's local economy revolves around fishing, the town is world famous for its tourism and demand for luxury real estate. Those who come enjoy exclusivity and sophistication, which is why the town is highly sought after for special annual events, such as New Year's Eve, the Divine Spirit Festival and Angra Sailing Week. In this part of Brazil, the sea offers different shades of green, so boat trips and diving services are highly popular. From the port of Angra you can cross to Ilha Grande, the largest of the 365 surrounding islands. Its beautiful beaches combine with the Atlantic virgin forest to remind the image of a green paradise. Seafood and fresh fish complete this unique experience.
The first records of the region date back to January 6, 1502, discovered by the Portuguese Golçalves Coelho on his expedition. The region was previously occupied by the indigenous Tamoios Indians. Its principal economic activity was the planting of sugarcane and coffee and it became one of the largest ports at the time of Brazil's empire, with periods of decline. It recovered with the completion of a road railroad that connected Minas Gerais to the port of Angra, reactivating it for import and export, but it was in the 1960s that the city's economy really took off with the completion of the Verolme shipyard (later renamed as Keppel Fels) for construction and ship repair.