Have you ever been to Goa? A majority of you would go back in your memories, remember the joyous moments and say ‘yes’ with exhilaration. However, apart from being the tourist hotspot, Goa is the foremost investment destination for builders, home buyers and definitely property buyers like you and me. With this option at hand, I find buying properties the best investment strategy which can never go wrong. If you ask me about properties with good investment returns, I would undoubtedly choose North Goa as my preferred zone.
The luxury villas for sale in Goa have the better resale value in the North in comparison to the South. If you are curious about a good investment proposition for properties in the shoreline, I would suggest places like Siolim, Anjum and Candolim.
When I’m talking about properties like houses and villas in North Goa, you are sure to have few questions regarding my inclination towards this specific zone, isn’t it? Well, on my last visit to the place, few things made such an impact on me that I literally bought a house for sale in Goa!
Are you interested to know the reasons? Let’s delve into it!
Where can you find excellent luxury villas for sale in Goa?
With a rapid growth in the market for luxury real estate, North Goa is the current favourite property purchasing destination for industrialists and celebrities. From 2015, more than 400 new projects have started which are offering people luxury flats and villas at a minimum price. If you wish to acquire a property on beach sides, Calangute and Candolim are the best choices whose offer price starts from INR 5500 per square feet to INR 6500 per square feet.
Countryside villa or beachside house for sale in Goa?
Be it a beach-side property or a countryside, both have their own benefits. Although the properties at the countryside are approximately 30% cheaper than the other, beach houses have their unique charm. If you are not restricted to any specific budget, investment in beachside houses or villas are a better option than countryside properties.
Is it a best place as retirement destination?
An ideal destination for the elders primarily means extra security to that area. The real estate developers usually offer customised flats with every security measures available for you. Belive me, it is a great aspect and a plus point if you plan to live in a tourist heaven. Security is largely ensured.
Why did I consider investing in North Goa?
There are two important factors which ensure profitable investment in property market; resale value, and higher rentals. North Goa’s property market gives both. If you are searching for luxury villas for sale in Goa facing the sea, the price can start from 1.90 crores around. You can find a nearly 50% appreciation in other localities like Calangute, Anjuna, Mapusa.
This figure is way less than the property value in South Goa where an independent villa in Medgaon can cost you maximum 5.5 crores (approx.).
If you find this information helpful and are interested to know about the services and features, you can go through websites of trusted property developers to make a profitable choice. Now as you know what made my mind in making a profitable investment in a house for sale in Goa, I hope that this information can help in making your mind too!