The Spaniard, who has previously coached UD Las Palmas and Moghreb Tetouan in Morocco amongst others, was also part of the late Tito Vilanova's backroom staff during his tenure as the head coach of FC Barcelona.
Lobera said he was "delighted" to join FC Goa and would look to achieve best results for the club.
"I see FC Goa as the ideal step in my career and hope to achieve the best results for the club. The passion for football in Goa is well documented and I'm keen to ensure that we play an attacking brand of football that the people of Goa can be proud of," said the new coach.
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