Goa, with its sun-kissed beaches, vibrant culture, and laid-back lifestyle, has always been a top destination for tourists. However, in recent years, the state has emerged as a hotspot for real estate investment as well. The property market in Goa has been witnessing steady growth, making it a lucrative destination for investors looking for long-term returns. In this blog post, we’ll explore why investing in property in Goa can be a great decision for real estate investors.
A New Home to Startups!
Exciting good news ahead — Goa has recently launched the ‘Goa Start-up Policy’ which has attracted numerous start-ups to establish their offices in the state. The government’s objective with this initiative is to transform Goa into one of the most desirable start-up destinations in India and position it among the top 25 start-up destinations in Asia by 2025.
Growing demand for second homes
With more and more people looking to invest in second homes, Goa has emerged as a popular choice for buyers. The state’s idyllic climate, stunning beaches, and relaxed lifestyle make it an ideal destination for vacation homes. This growing demand for second homes has led to a surge in the demand for properties in Goa, making it an attractive investment destination.
High appreciation potential
According to a Proptiger study, NRIs investing in Goa’s real estate market anticipate an average annual return of 7%-8%, but in reality, the return on investment can be as high as 18%-22%.
The property market in Goa has been steadily appreciating over the years, with many experts predicting further growth in the future. The state’s limited land availability, coupled with a growing demand for properties, has led to an increase in property prices. This high appreciation potential makes Goa a great investment destination for real estate investors.
Attractive rental yields
Goa’s booming tourism industry makes it an attractive destination for rental properties. Investors can expect attractive rental yields from their properties, especially during the peak tourist season. With a steady stream of tourists throughout the year, the rental market in Goa offers great opportunities for investors looking to generate passive income.
Stable and transparent property market
Goa’s property market is known for its stability and transparency. The state’s government has taken several measures to regulate the property market and protect the interests of buyers and sellers. The introduction of the Real Estate (Regulation and Development) Act, 2016, has further strengthened the regulatory framework, making the property market in Goa more transparent and investor-friendly.
The Glamour of Goan Properties
This small Indian state is not just a popular tourist destination but is also home to some of the most luxurious properties in the country. With its beautiful beaches, warm weather, and relaxed lifestyle, Goa has become a haven for luxury real estate investors.
Investing in property in Goa is not only a smart financial decision, but it’s also an opportunity to own a piece of paradise. Imagine waking up every day to stunning ocean views, taking a dip in your private pool, and lounging in your spacious living room. These are just some of the perks of investing in luxury real estate in Goa.
The property market in Goa is thriving, with several high-end developments and luxurious villas coming up in recent years. The demand for luxury properties in Goa is on the rise, making it a great investment destination for those looking for a high return on investment.
As a luxury real estate investor, if you’re looking for something just like this we have got you covered!
Bringing to you WeVillas!
Looking for a ready-to-move-in luxury home in Goa? Look no further than WeVillas! Our lush villas in Siolim, North Goa are the epitome of luxury living. Spread across 3700 to 4500 sq. ft. of land, our premium 4 BHK villas are located only 30 minutes away from the new airport, in a secured gated community with 24/7 manned security, CCTV surveillance, and professional maintenance and housekeeping services.
Our villas also come with rental management, personalised concierge services, golf cart at the property, 100% power backup, chauffeur accommodation, intercom facility, and car parking, making them feel like a luxury resort. And with estate management services, high security, and green measures provided by the residential management, you’ll experience an unmatched international lifestyle perfect for NRIs.
Our nine unique luxury homes are inspired by Portuguese architecture and surrounded by natural beauty. Each home has its own private pool and bespoke amenities. Whether you decide to rent it out or move in, these luxurious homes guarantee great returns from day one, both financially and in terms of residential bliss.
At WeVillas, we are built on the bedrock of trust, innovation, and knowledge leadership. As one of India’s leading property development, management, and consulting organisations in Goa, we have set our footprints across India and are one of the most preferred luxury brands in the country today.
So what are you waiting for? Start exploring your options today and get ready to live the life of your dreams.
Take home the crown!
