The resort provides its residents with a singular experience and, according to a statement, it offers: “a welcoming culture, singular destination and mild climate, with a [sense of] community and an active outdoor life, together with high-quality facilities, which make Vale do Lobo an excellent place to purchase a home or for long-term stays.”
Vale do Lobo reported much higher than expected sales despite the Covid-19 pandemic and its associated lockdowns and lack of international travel. A wide range of the properties available was sold, from flats to luxury detached villas, as construction is set to begin shortly on the plots sold. The resort also saw increased demand for rentals and medium/long term stays in addition to residential and investment acquisitions.
Investors in the properties are still mainly from the United Kingdom and Ireland. At the same time, however, interest is growing in countries like Germany, Holland, Portugal, and Belgium.
This increase in activity is an early indicator of how the market is responding to recent events, as the pandemic inspires many to look to Portugal as a safe haven. The increase in investment activity, which has continued into early 2021, proves that properties in Vale do Lobo continue to represent an attractive investment and an almost natural choice.
A Sense of Belonging
The strong sense of community, characterised by a social dynamic that residents, visitors and property owners quickly note, its wide range of facilities, services and experiences, as well as the exceptional location by the sea, are the primary reasons why investors seem to be flocking to Vale do Lobo. The area has significant advantages as the Algarve is also internationally synonymous with quality of life, having some of the best beaches in the world, excellent food, a safe environment and a climate that favours an active and healthy lifestyle.
Many resorts, such as Vale do Lobo, have been offering special deals that combine work and stay for digital nomads looking to discover new places., while reconciling their travel with their telecommuting requirements.
In that sense, Vale de Lobo provides flats for short-to-medium term stays, along with workspaces with reliable Wi-Fi connections and other perks, together with warm and pleasant surroundings. “… by achieving a work-life balance, clients who have adopted this lifestyle have found that they have not only increased their productivity but also their well-being.” the statement said.