Goa, with its idyllic splendour, is considered as one of the most renowned tourist destinations in India. Millions of tourists flock to Goa every year to witness its remarkable beauty and some even dream of settling down here permanently. But, is it feasible to have an abode in Goa, you may ask! The answer is a clear YES. You can definitely buy a property in Goa and spend your lifetime in the lap of nature, away from the conundrum of men and machinery.
Just imagine residing in a seaside apartment in Goa for the rest of your life and enjoying every bit of natural beauty in its entirety. If you ask us, there is no feeling greater than having your own home in a place like Goa.
If your heart just skipped a beat feeling the intensity of your freshly triggered thoughts, you are at the right place. In this article, we will explore the real estate markets of Goa and let you decide your final course of action.
Here it goes:
The real estate market of Goa is not as complex as compared to other metropolitan cities like Delhi and Mumbai. Known as Goa’s real estate hubs, North and South Goa offers a multitude of options for serious homebuyers.
But before you make that big investment, you need to understand the real estate markets of Goa fairly well.
If you are looking for premium residential properties to invest in Goa, there is no place better than North Goa. With astounding localities like Panaji, Anjuna, Baga and Calangute that are known for their amazing marketplaces, nightclubs and restaurants, North Goa exudes phenomenal market value as far as luxury housing segment is considered. The price range of the properties in North Goa depends upon a number of factors including nearness to the beach area and the market besides other common amenities and connectivity.
Homebuyers look forward to investing in North Goa owing to its cosmopolitan offerings along with the enriching Goan experience. Moreover, if you invest in North Goa, you are expected to get better rental returns.
There are innumerable beaches located in South Goa namely Colva, Patnem, Palolem, etc. Owing to the natural beauty offered by South Goa that covers areas like Mormugao, Canacona, Ponda, and Sanguem, many homebuyers are interested in investing here. If humble surroundings have always attracted you and suit your lifestyle better, you can definitely think of investing in South Goa. Moreover, South Goa offers more affordable residential property options and is also preferred by people who are looking forward to buying holiday homes in Goa.
Whether you are looking forward to buying a ready-to-move in home in Goa or you are more interested in buying an under-constructed property, there are a plethora of options available for you in both North and South Goa. Now, it all depends on your lifestyle choices and most importantly, on your budget, where to invest in Goa!