Jul 31, 2019 0

Goa Real Estate: Your Perfect Opportunity for A Future-Friendly Investment

Buying a home is one of the biggest financial decisions that a person makes in life. Homes cost a lot of money, therefore you must be sure about the location, amenities, accessibility of basic services, connectivity, etc. But if you are planning to buy a house from the investment point of view, it becomes more important to act with discretion. Some places might fetch you high rate of return while in others it may be abysmally low. Among the many cities and states in India, Goa is one of the best destinations for a future-friendly investment. And, there are many reasons that make it so.

Plenty of options

Goa has lately emerged as one of the most popular real estate markets in the country. The state offers all kinds of properties in Goa ranging from the affordable to the premium segment and the villas which command a very high price tag of up to 20 to 30 crores and even beyond. Those who are looking for affordable housing options should check out areas such as Veroda Road, Saligao, Margao, Quepem and Tivim, to name a few. But, if a luxury apartment is on your mind, then Dona Paula, Panjim, Candolim, Carenzalem, etc. are the places to consider. North Goa is expensive as compared to South Goa but offers an amazing ambiance and vibrant lifestyle.

Booming commercial market

Goa is extremely famous among tourists. Every day, hundreds and thousands of tourists from all over the world fly down to the picturesque state to experience its sandy white beaches, majestic architecture and vibrant nightlife. This has made it one of the most favourable destinations for commercial investment. Today, Goa is dotted with numerous malls, cafes and retail establishments. Many people are buying property with the intention of turning them into lodges and bed & breakfast establishments as these earn higher rentals. North Goa is the perfect region for commercial investment. Some of the regions that one can consider include Calagute, Porvorim, and Candolim.

High returns

Real estate in Goa is on a roll. The past few years have witnessed a tremendous increase in the real estate prices in Goa. The state offers investors much higher returns as compared to the other parts of the country. However, North Goa is a much more popular investment destination as compared to the South Goa as here the resale value, capital appreciation and rentals are much higher because of its cosmopolitan lifestyle, resorts and boutique hotels and a highly advanced social infrastructure.

Whether you are planning to buy a 2 BHK apartment or a luxury villa, Goa is the right place to make an investment.