Andre Jordan first visited the recently popular Algarve in 1970 coastline located in the south of Portugal. He quickly appreciated the potential of an unspoiled site of a 550 hectare estate of pine wood terrain located near to the already developed Vale do Lobo Resort. His investment advisers had informed him that the Algarve was about to become a pot of gold!
The large beach lined estate was owned by the Pinto de Magalhães family for more then three centuries. Negotiations for the purchase took about 12 months and Andre Jordan together with a group of international investors combined to successfully acquire the property. An exciting Master Plan was drawn by a team of Portuguese architects and engineers directed by Pedro Vasconcellos and Luis Nobre Guedes. The object was to create a luxury estate offering clients privacy, tranquillity and seclusion, combined with an active social and sporting life and a wide range of leisure and sporting facilities.
With the infrastructure and a shopping centre completed a boom period of sales started from 1973 and buyers were purchasing from all over Europe. The result was that a short time the Quinta do Lago was soon attracting an array of rich and famous names from all walks of life of many nationalities. The military coup on April 25th in 1974 brought this success to an abrupt end. In 1975 the Portuguese State took over and Andre Jordan returned to Brazil. In 1982, still maintaining his believe in Quinta do Lago, he returned to find most things run down and only the 18 hole golf course under the direction of Mário Barruncho had been maintained. By 1985 with his influence and contacts the bank debt of 8 million dollars was transformed into assets of more than 30 million dollars.
In 1987 Jordan sold the owning company Planal to a consortium of British shareholders headed by Roger Abraham and David Thompson. By 1989 Abraham had withdrawn and Thompson appointed Domingos da Silva as Administrator of Planal and its associated companies. In 1998 the ownership of Planal was acquired by its present owners, O’Brian family from Ireland.
Quinta do Lago has some of the most luxurious villas on the coast. The resort has been carefully planned, with individual architecturally designed villas blending neatly into pine trees and the four golf courses. Facilities include a floodlit tennis courts centre, horse riding, water sports and squash. There is the new Quinta Shopping which includes fabulous boutiques offering exclusive designer labels and amazing interior design outlets. In addition there are some appetising international restaurants on the estate providing a choice of cuisines.
Faro Airport Transfers Algarve with Perfectomorrow.