Jan 212022

Advantages Of Buying An Under Construction Property In Goa

Advantages Of Buying An Under Construction Property In Goa

Investing in a property, having ownership of a beautiful house, is an indescribable feeling. Especially for those who have dreamt of buying a property in Goa for years put together. And with the presence of the best real estate developer in North Goa, turning this dream into reality has become possible. 

You have worked hard for it; you have saved every penny of your earnings for it; then, shouldn’t you get a house that is synonymous to divinity? 

Well, home buyers often make a mistake of investing in properties in a hurry. They see two or three ready-to-move in apartments and make decisions based on that. However, checking out under construction properties is also equally important. Not to compare, but if you buy a house in Goa that’s under construction, you will get a few mind-blowing benefits. Don’t believe us? Here, read on!

4 reasons to buy under construction property in Goa

1.Lower prices

Lower prices

In the end, don’t we look for properties with a lower price tag? You may disagree, but it is human nature. And with under construction properties, a lower price tag comes served on the plate. If the reports are to be stated, the difference of price between a ready-to-move property and an under construction property is somewhere around 10% and 30%. Of course, the location, property type, area, and builder are taken into consideration. But still, the price difference is surely worth everything. There are several luxury villas in North Goa for sale that are under construction; make sure to check them out!

2.Flexible payment options

One of the biggest advantages that you would get if you invest in an under construction property in Goa is flexible payment options. Here, you can buy the villa or apartment of your choice by paying the token amount. After which, you can comfortably pay the remaining amount over a period of time, until the construction of the property is completed. This not only helps in ensuring that you are not burdened financially but also allows you to take a home loan that best suits your needs. 

3.Home loans

Coming to the third point, whether you buy villas in Goa near the beach or somewhere near the airport, home loan is something that will tag along. However, with under construction property, you have an upper hand of availing loans at a much flexible tenure and interest rates. This is because, when buying the property, you only have to pay the token amount, lessening the burden on loan EMIs. Once you have paid the loan amount, you can avail the remaining amount at your convenience. Isn’t that great?

4.Higher price appreciation rate

Another reason to buy a house in Goa that’s under construction is the appreciation rate. As the property starts to progress in development, its value also increases. Moreover, during the construction, the surrounding infrastructure also develops, adding to the value of the property. Hence, buying an under construction property at its initial stage is always the best idea. In the future, if you want to sell the house or even put it up for rent, you can make a good deal.

Other than these, a brand new property with better maintenance and longevity is always a plus point. Additionally, the best real estate developers in North Goa also offer great deals and discounts on properties that are under construction. Make sure to avail them!