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Details to Invest €2 Million in Vale da Lapa

26 May 2020 – Details, the new operator of Vale da Lapa, owned by Oitante, has stated that it will invest a total of two million euros in upgrading the resort.

Vale da Lapa, a five-star resort-hotel, is located in Carvoeiro, Algarve, and has 83 independent villas, some with private pools. The six-hectare tourist accommodation, valued at 26.5 million euros, also has a spa and restaurant. Details believes that the nature of the exclusive resort will be an asset following the pandemic.

Original Story: Jornal de Negócios – Rita Atalaia

Translation/Summary: Richard D. Turner