Home Property EscapeOverseas Property Vale do Lobo shines as Algarve’s sought-after active wellness destination, as global wellness real estate market booms

Vale do Lobo shines as Algarve’s sought-after active wellness destination, as global wellness real estate market booms

by Lilly Partin
14th Jun 24 12:01 pm

Wellness tourism is on the rise, with a new focus on ‘active’ wellness. According to the Global Wellness Institute, wellness trips are projected to account for 8.3% of all tourism trips by 2027, up from 7.8% in 2022 and 5.8% a decade earlier.

Its data also indicates that wellness tourism will grow faster than overall tourism between 2022 and 2027, with a compound annual growth rate (CAGR) of 16.6% for wellness tourism, compared to a CAGR of 14.9% for overall tourism.

As Global Wellness Day – 8th June 2024 – approaches, Alda Filipe of Kronos Homes notes that not only is wellness tourism growing, it’s also evolving, as holidaymakers take a new, more dynamic approach to their health and wellbeing.

“Vale do Lobo has been serving holidaymakers as a wellness escape for decades. The natural beauty of our 450 hectares of lush greenery, our 2km-long stretch of golden sandy beach and our superb Royal Spa deliver ultimate relaxation. Interestingly, since the pandemic, we’ve seen a significant evolution in what people are seeking when it comes to wellness. There is now a far greater emphasis on ‘active wellness’ where holidaymakers want to engage in sports and join classes that get them moving. Wellness tourism isn’t just about quiet relaxation anymore,” said, Alda Filipe, Real Estate Director, Kronos Homes

Within the overall wellness market, global wellness real estate is booming, according to the Global Wellness Institute’s figures. Covering homes and buildings that have been proactively designed to support residents’ holistic health, the market grew faster than any other part of the 11-sector wellness economy between 2019 and 2023, booming from a value of $225 billion to $438 billion.

In line with the new trend, the Algarve’s prestigious Vale do Lobo resort, owned by operated by Kronos Homes, is inviting holidaymakers and property buyers alike to come and create their own traditions when it comes to active wellness. With activities designed to suit all ages, the resort ensures that keeping active in the sunshine can be fun for the whole family.

When it comes to active wellness, Vale do Lobo is perhaps best known for its two 18-hole championship golf courses, which host a busy calendar of events, including Junior Golf Academies during school holidays. The resort has recently opened a new Golf Shop to serve all those enjoying time on the fairways.

Other new facilities at Vale do Lobo include additional padel courts at the resort’s Tennis Academy, which is now home to six padel courts, as well as 12 tennis courts. Padel is known for its appeal to all ages, with the social, easy-to-pick-up sport taking off around the globe in recent years.

Vale do Lobo’s Tennis Academy is also home to a large swimming pool, where holidaymakers can take to the water to stay in shape. The resort also has a superb beachfront pool in its central Praça (“square”) area, while swimming and other water sports are also available at the Vale do Lobo beach.

The stunning natural setting, alongside the Algarve’s beautiful Ria Formosa Natural Park, means that walkers, runners and cyclists have ample opportunity to enjoy active holidays. Personalised training sessions, group trail runs, a fully equipped gym and classes that range from boot camps to yoga and Pilates also ensure that families can keep actively healthy in whatever way suits them most. Royal Spa treatments, meanwhile, help rebalance the mind, as well as the body, while the resort’s 16 restaurants, bars and cafes serve a huge range of nutritious fare.

For those seeking regular access to sun-kissed active wellness, Vale do Lobo offers a range of opportunities to buy second homes. From stylishly refurbished Golf Residences to plots of land with frontline golf or ocean views, the resort has the perfect second home for every buyer. There’s also a welcoming Owners’ Club, which offers a comprehensive range of property management services, community-focused events and exclusive discounts and facilities.

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