Real Estate in Goa : an overview

Clinch a Property in Goa to Dive into a Secured Beachy Future

The atmosphere of Goa is an electrifying one, especially for the younger generation, which loves to live on the edge. The state, which has some of the loveliest beaches, has been a haunt for horde of national and international tourists since many years. Not only common people, but also celebrities are also very much fond of the ecstasy that the place bestows on its visitors. So much is the favouritism for this place that some regular tourists even end up buying rental properties in Goa for the ease of accommodation on every trip.

Clinch a Property in Goa to Dive into a Secured Beachy Future

The atmosphere of Goa is an electrifying one, especially for the younger generation, which loves to live on the edge. The state, which has some of the loveliest beaches, has been a haunt for horde of national and international tourists since many years. Not only common people, but also celebrities are also very much fond of the ecstasy that the place bestows on its visitors. So much is the favouritism for this place that some regular tourists even end up buying rental properties in Goa for the ease of accommodation on every trip.

Generally, whenever there is a discussion on this city, there are mentions of parties and the beaches, water sports and fun frolic of the youngsters. But slowly the topic of real estate is also gaining importance in various circles. The international appeal, scope to expand, good infrastructure, pleasant climate combined with a decent rental market and international exposure have contributed to the boom in the real estate market .

There is much more to Goa than what it is associated with mostly. Although majority of people have rated the cool night life and shacks as the ultimate reasons for coming back, some others have cited a combination of many other things as the driving factor behind the obsession with this exotic region. These are the Portuguese architectural beauty, the waterfalls, the Churches, the bakeries and above all the rustic, antique charm of old city. It is this old Goa or the Northern side that is more tempting for investing in a real estate property in Goa.

If we talk about the beaches in this city, they are not only the inviters of amusement, but investment as well. Big conglomerates are coming up with many major and interesting projects in different parts of the state in anticipation of lucrative yield. And what is more noticeable is the fact that many of these new projects in Goa are coming up along the northern coastal region of this popular tourist destination. It is because of the obvious reason, that they are visually attractive and appeasing for investors.

The market of real estate properties in Goa is categorised in two segments- the investors’ arena towards the north and the residential buyers’ zone towards the South. This is not a clear cut division, just an approximation based on trends. The North Goa is more preferred by the tourists and therefore has greater appreciation value which would provide greater returns. This is the reason why the investment scene in this region is larger. Some of the areas that experience higher demand among the investors are Candolim, Calangute, Anjuna and Baga.

On the other hand, if a person is buying a property or apartment for sale in Goa in the South, maximum chances are that it is for pure residential purpose owing to the affordability factor in this part. Palolem, Cavelossim, Colva, Benaulim, etc. are some of the preferred locations in the quieter South.

Since the present of travel industry in this city is truly wonderful and the future looks quite promising, the real estate scenario is also expected to grow incessantly in the coming years. After all, the mouth watering cuisine, the greenery, the tranquil ambience, the excessive footfalls and the other peculiar specialities of the place are something to swear by and who in property business would ignore such a pasture.

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