Jul 142022

Is it a Good Idea To Buy A House In Goa in 2022?

Is it a Good Idea To Buy A House In Goa in 2022?

Goa is a booming real estate destination for all kinds of home buyers – first-timers, retirees, investors or young millennials. Goas ethos, culture and weather make it the perfect place to reside for all types of people. Straight to the point, the answer is a big YES – it is always a good time to buy a house in Goa and heres why: 

  • The Perfect Dwelling Environment

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Goa is blessed with natures best. Topographically Goa has it all – the beach side, the quaint villages and also the densely vegetated mountains and valleys in the hinterland. If youre one of those whod love to live amidst natures paradise then owning ecofriendly luxury vacation homes in North Goa can be a perfect option. Sustainable and purposeful living brings peace of mind and increases the quality of life; a home in Goa is well placed to offer you just that. 

  • Affordable Cost of Living

Luxury Retail Space in North Goa

The cost of living in Goa is generally lower in comparison with metros and other urban locations around India. Affordable living is a prime factor that is considered by anyone looking to invest in property which helps reduce the financial burden on oneself. Owning luxury homes in Goa isnt a distant dream as the cost of property here offers the best value for money. Besides that, the cost of the basic amenities, education and lifestyle in Goa will not leave you with a hole in your pocket.  

  • Pleasant Weather

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Goa has tropical weather; 8 to 9 months of the year are bright and sunny, the rest of the 3 to 4 months of the year witness pleasant monsoons. Predominantly Goa is a sunny state with blue skies, however, it does not witness severe heat or cold. This moderate climate makes this state very hospitable and a pleasant location for every home seeker to buy a villa in Goa 

  • Accommodating Cultural Spirit

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Ask around and youll know that Goans are very warm and hospitable people by nature. Goa has a rich cultural heritage and its population comprises of happily cohabiting people, across all religious backgrounds, cultures and beliefs. Goa is one of the most friendly, secular and welcoming states in India and hence people do not hesitate to purchase homes here. 

  • It Makes a Great location for Investment Purposes

Goa is one of the country’s most popular tourist destinations, drawing both locals and international visitors all year. This makes it very lucrative to own and rent out properties in Goa. Investing in luxury homes for sale in Goa, especially in North Goa, makes for a good investment, as they can then be rented out or used as holiday homes. During the peak season period, all the hotels and resorts in Goa run at full capacity and are not available for booking. This is when tourists seek the services of rental homes for accommodation. Due to its tourism-related activities, rich culture and lifestyle hotspots, North Goa property is very valuable. 

 

Goa has a lot to offer to those looking to invest in a home here. Investing in villas and luxury homes has shown an upward trend in the market. The options in Goa are plenty, evaluate your priorities and make that choice.