The Algarve’s legendary Vale do Lobo resort has officially broken ground on its first new residential development in two decades – and already 40% of the properties are reserved. For foreigners looking to relocate to Portugal or invest in a second home in one of the country’s most prestigious coastal communities, this marks a significant new opportunity.
The Residences Vale do Lobo: a new era begins
Construction of The Residences Vale do Lobo began in June 2025, introducing a limited collection of 44 new homes: 25 apartments, 10 linked villas, and 9 townhouses. Set in the lush surroundings of Vale Real (“Royal Valley”), this exclusive development combines the timeless appeal of Vale do Lobo with a bold, future-forward vision for luxury living.
These residences are the first phase of a six-year, €200 million real estate investment by Kronos Homes, who became the resort’s owners and operators in 2023. In total, 227 new homes are planned across four development phases, redefining resort living for a new generation of international homeowners.
Designed for modern lifestyles – with unmatched amenities
Each home is being built to the highly respected BREEAM standard, reflecting a strong commitment to sustainability and design excellence. With generous indoor-outdoor living spaces, private and communal pools, landscaped gardens, and panoramic views of the Algarve’s natural beauty, the homes are perfectly suited for expat families, retirees, or digital nomads seeking a luxurious base in southern Portugal.
Townhouses will feature private pools, while apartments and villas will enjoy access to two shared swimming pools. The development is within walking distance of world-class facilities: two championship golf courses, a luxury spa, new fitness and padel centres, boutique shops, and more than a dozen top-tier restaurants.
A resort reimagined – and attracting global buyers
Kronos Homes’ recent enhancements have elevated Vale do Lobo into a new era. In the last two years alone, the resort has launched six new in-house restaurants and expanded its leisure facilities significantly. The new Smash Sports Bar and Pacific-inspired El Ta’koy, alongside established favourites like Tinto and Doce, have added flavour and sophistication to the local dining scene.
Demand for property at Vale do Lobo has surged, with buyers from Portugal, the UK, the US and beyond eager to claim a slice of this coastal paradise. With flexible payment plans – including a 20% reservation deposit and no further payments until completion in late 2027 – The Residences Vale do Lobo offer one of the most attractive investment opportunities currently available in Portugal’s luxury real estate market.
Thinking of Moving to Portugal?
Whether you're planning a permanent relocation or seeking a sun-soaked base for holidays or remote work, The Residences Vale do Lobo is one of the Algarve’s most exciting real estate launches of 2025. With 40% already reserved, now is the time to explore your options in this evolving and increasingly international community.
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