Even though Goa is known for being a popular holiday destination among tourists, over the years it is also being considered as a great choice for property investments. It has developed its own flourishing real estate market when it comes to luxury houses, residential property and holiday homes due to a lower acquisition cost and relatively higher returns in Property investments in Goa.
If you’re looking to invest in property in Goa, it’s important to know which type of property investment in Goa is right for you. There are a number of different options available, from luxury homes and villas to more affordable flats and apartments. Below, we’ve outlined some key points to consider when making your decision:
One of the most important factors to consider when investing in property is location. In Goa, there are a number of different areas to choose from, each with its own unique benefits. If you’re looking for a luxurious property investment in Goa by the beach, then areas like Calangute and Candolim are worth considering. For those on a budget, however, areas like Anjuna and Morjim offer more affordable options.
Another key factor to consider is your budget. Luxury property investment in Goa can cost upwards of Rs 1 crore, while more affordable options are available for around Rs 50 lakhs. It’s important to set a budget and stick to it, so you don’t overstretch yourself financially.
If you are looking property investment in Goa for rental income, then it’s important to consider the rental potential of the property you’re interested in. Luxury villas and apartments are always in high demand from tourists, so they tend to generate higher rental incomes.
When investing in property in Goa, it’s also important to consider the resale value. This is especially true if you’re looking to invest for the long term. Luxury properties in sought-after locations will always be in high demand, so they tend to hold their value well.
There are many different types of property investments in Goa, from apartments and flats to villas and luxury homes. Whether you’re looking for a property to live in or rent out, there’s sure to be something to suit your needs.
Property Investments in Goa can be a great way to earn income from rental yield, or to enjoy capital appreciation as the value of your property increases over time. With so many beautiful beaches and tourist attractions, Goa is a popular destination for both Indian and international visitors, making it an ideal place to invest in property.
Here are some of the different types of property investments in Goa you can consider investing in Goa:
There is high demand for apartments and flats in Goa, especially among buyers looking for property to rent out. Studio apartments and 2BHK and 3BHK flats are especially popular among investors.
Luxury villas in Goa are becoming increasingly popular among wealthy Indian and international buyers. If you’re looking for an investment property that will offer high rental yield or capital appreciation, investing in a villa could be a good option.
For those with a higher budget, luxury homes are also available in Goa. These properties usually have large plot sizes and come with high-end finishes and amenities. If you are looking for a property to live in or rent out to high-paying tenants, investing in a luxury home could be a good option.
These plots are located in the coastal areas of Goa and offer great potential for future development. They are also relatively cheaper than other types of property, making them a great option for those on a budget.
This type of property is perfect for those who want to build their dream home from scratch. While it may be more expensive than CRZ plots, it offers more flexibility in terms of design and construction.
For those looking for a property with a bit of history, Portuguese-style homes are a great option. These homes often come with beautiful features and intricate designs, making them a true work of the art.
No matter what type of property you decide to invest in, make sure you do your research to ensure you are getting the best possible deal. With so many options available, there is sure to be a property that meets your needs and budget.
In terms of geographic locations, Goa is divided into two major real estate markets; North Goa & South Goa. Both locations have their own unique features which make them primes locations for investing and they also flaunt their own set of beaches. That is why it’s important to know which part of the state (North Goa or South Goa)will best suit your needs. Here are some tips to help you find the most suitable property for your investment:
– If you’re looking for a property investments in Goa that will see high rental or resale value, North Goa is the better option. This area is more popular with tourists and commercial projects, so there is always a demand for properties here. Some popular areas to invest in North Goa are Siolim, Calangute, Mapusa, Porvorim, Candolim.
– South Goa is ideal for those who want a quieter life and are looking for affordable holiday homes. This area tends to have lower prices and offers more seclusion, making it perfect for those who want to get away from the crowds. In South Goa, you can invest in Vasco, Margao, Palolem, Utorda.
Broadly speaking, property locations in Goa can be divided into 3 general categories:
Most flats and apartments in Goa are situated in busy towns and cities whereas some high-end flats can offer you a river-valley view or even a sea view.
You’ll find most luxury villas in Goa to be situated away from the beach in quiet, secluded villages which offer a relaxed lifestyle best for holidays and retirement. Usually a countryside or village property is an affordable option with it being 30-40 per cent cheaper than a beach-front property.
You’ll also find many luxury apartments situated near beaches as these attract several upper-class individuals from all over the country. Be aware that a beach side property can be an expensive
option due to its prime location as it involves several commercial activities.
With these points in mind, which property location is best suited for your dream home?
Availability of Investment Options
Due to the availability of large areas of land, you’ll find several small and large real estate developers launching residential and commercial projects in Goa. These projects include single floor flats, duplex & semi-duplex apartments, small to large bungalows.
Make sure to have a plan to invest in any dwelling as per your budget. Benefiting from an property investment plan will be based upon its duration or tenure.
These mostly include earning through rental incomes and profiting from quick resale after possession. To get the best profit from a rental income, you should choose a property which has a high potential and low maintenance cost. Choosing a property investments in Goa whose location attracts tourists and visitors for rental housing is a good idea.
For long term property investments in Goa, you’ll have to wait for the value of real estate to appreciate over a long period of time. Best suited for individuals who are young investors and don’t mind holding off their spendings.
In terms of value for money, investing in a property in Goa can give you rental returns of 13-16% on a yearly basis. These high yields, make property investments in Goa a great value for money, whether it be in luxury houses, plots, apartments/flats.
With Mohidin Properties and Holdings by your side, buying property in Goa will be easy and stress-free. We have years of experience in the industry and offer a variety of properties at competitive prices. Our properties are located in prime areas of Goa, so you can be sure that you are making a good investment. Buying a property with us is easy and stress-free, so you can focus on enjoying your new home.
Mohidin Properties and Holdings is a well-known name in the world of real estate. We offer high-quality properties for sale in prime localities such as Dabolim, Vasco-Da-Gama, and Sancoale. Our company has been operational for nearly two decades and has a strong reputation for providing luxurious living spaces. Buying a property from Mohidin Properties and Holdings is definitely a wise investment!
South Goa is one of the most popular tourist destinations in India. It is known for its beautiful beaches, temples, and churches. There are many things to see and do in South Goa. Here are some of the best things to do in South Goa:
Mohidin’s Hamlet By The Bay is a premium residential project located in Dabolim, South Goa which is currently under construction