Concrete jungles in big metropolitan cities are impacting the urban landscape of India. This is driving property buyers and investors to explore relaxing and aesthetically pleasing destinations for purchase which assure high yields as well. Goa’s serene location, quiet life and strong economic environment make it the ultimate real estate investment destination.

It is no secret that pristine beaches, white sand, lively flea markets, pleasant weather and huge architectural diversity are the propelling factors that make Goa the most sought-after destination in India. It is these very factors that are also driving property buyers to purchase the best ready-to-move-in flats in Goa and even first-time home-buyers who wish to own a home away from the hustle and bustle of the city life close to nature.

Perfect Lifestyle

Goa is divided into North Goa and South Goa based on the night-life, beaches and the footfall. North Goa experiences an upbeat lifestyle, buzzing night-life, beautiful beaches and feisty party hangouts while South Goa is quiet and peaceful with a non-existent night-life. Owing to these, North Goa witnesses more realty traction than South Goa. Nevertheless, South Goa offers more affordable home buying options for end-users.

Residential Land Availability

While North Goa remains the more attractive region for property investors willing to invest in residential land, those on the lookout for quietude and serene beaches prefer South Goa. Areas like Luotolim, Varca, Verna, Navelim and Sancoala are experiencing high residential land availability. Moreover, unlike North Goa, the property prices are much more affordable in South Goa.

Growing Commercial Market

With the influx of tourists from all over the world, Goa has grown into a hotspot for commercial investments. Malls, coffee shops, restaurants and retail establishments are some of the commercial developments mushrooming all over the city. As tourists prefer to stay here for months to relax and unwind, commercial investments confirm easy and regular rental values. Areas in North Goa like Candolim, Calangute, Saligao and Anjuna have a higher supply of commercial and institutional land.

Infrastructure Developments

Recently, the central government announced that is going to allocate a massive sum for the development of various roads and infrastructure projects in Goa. This would include the construction of the Margaon western national highway bypass, construction of Canacona national highway bypass and establishment of missing links of NH17B at Lotulim Village at Verna industrial estate.

Developments in North Goa include a 350-km long national highway, six-lane Patradevi-Panaji-Pollem Road and 69 km of NH4A along the border from Panaji to Ponda. As many of the upcoming infra projects are along the coastal belt of North Goa, there are interesting areas to invest there depending on one’s budget.

Good Rental Incomes

As Goa is a favourite holiday destination among national and international tourists, it receives several tourists every year. Many of the foreign tourists come to stay for longer periods and that is why they prefer renting a holiday home to booking hotel rooms. Moreover, hotels of Goa are often unable to cope with the huge influx of tourists during the peak season. So, it is obvious that villas and flats for sale in Goa would provide good rental incomes in the tourist season.

Better Returns

Owing to infrastructural development, land prices are shooting up year-on-year in Goa, promising a higher return on investment. People planning to buy an apartment or property here can thus be assured of getting better rentals and higher resale values. While there is better capital appreciation in North Goa, South Goa witnesses major demand from affordable home buyers.