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Founded in 1962 by Trusthouse Forte plc and Costain plc, Vale do Lobo was the first development in the Algarve.
At that time, the Algarve was mainly inhabited by farmers and fishermen. It was only after the establishment of Vale do Lobo, its five star Le Meridien Hotel Dona Filipa and the first golf course, that Faro International Airport was opened.
Whilst looking for a holiday home in the mid 1970s, Sander van Gelder, a Dutch entrepreneur, discovered Vale do Lobo. In 1977 he purchased the resort and 30 years later, Vale do Lobo became a mature, 400 hectare resort, attracting residents and visitors from all over Europe by its self-contained community, quality properties and excellent facilities and services.
At the end of 2006, the resort was sold to a group of Portuguese and international investors, including the largest national bank Caixa Geral de Depósitos. Diogo Gaspar Ferreira became the Chief Executive. A new era for the resort began:
This financial reinforcement will allow Vale do Lobo to guarantee its high quality service and develop its concept even further over decades to come. The initiation of a €500 million investment programme for the development of the Oceano Clube (Vale do Lobo II) and Vale Real (Vale do Lobo III) areas, are among the resort´s current projects.
At the beginning of 2008, Vale do Lobo unveilled a sleek new corporate image and rebranding as part of its future plans for international expansion.
With continuing investment and improvement over the years, Vale do Lobo has maintained its position as one of the foremost resorts in Europe, and is today the largest luxury resort of its kind in Portugal to be operated by the same company.
At that time, the Algarve was mainly inhabited by farmers and fishermen. It was only after the establishment of Vale do Lobo, its five star Le Meridien Hotel Dona Filipa and the first golf course, that Faro International Airport was opened.
Whilst looking for a holiday home in the mid 1970s, Sander van Gelder, a Dutch entrepreneur, discovered Vale do Lobo. In 1977 he purchased the resort and 30 years later, Vale do Lobo became a mature, 400 hectare resort, attracting residents and visitors from all over Europe by its self-contained community, quality properties and excellent facilities and services.
At the end of 2006, the resort was sold to a group of Portuguese and international investors, including the largest national bank Caixa Geral de Depósitos. Diogo Gaspar Ferreira became the Chief Executive. A new era for the resort began:
This financial reinforcement will allow Vale do Lobo to guarantee its high quality service and develop its concept even further over decades to come. The initiation of a €500 million investment programme for the development of the Oceano Clube (Vale do Lobo II) and Vale Real (Vale do Lobo III) areas, are among the resort´s current projects.
At the beginning of 2008, Vale do Lobo unveilled a sleek new corporate image and rebranding as part of its future plans for international expansion.
With continuing investment and improvement over the years, Vale do Lobo has maintained its position as one of the foremost resorts in Europe, and is today the largest luxury resort of its kind in Portugal to be operated by the same company.
