Dec 282021

Goa Real Estate: Why Investors are Investing in Luxury Properties in North Goa

Goa Real Estate: Why Investors are Investing in Luxury Properties in North Goa

The coastal state of Goa is located in western India and is one of the fastest-growing in the world and is located in Western India.  Besides its rail and road connections, the state has 106 km of coastline and 255 km of waterways within its borders. Apart from its reputation as a tourism paradise, the state is also popular for its agriculture, fishing, and mining industries (iron ore and manganese). State has one of the highest literacy rates in the country and a growing array of knowledge sectors, including biotechnology, pharmaceuticals, and IT. The finest of both worlds can be found in Goa; a relaxed beach life under the sun, combined with a wild and exuberant nightlife. Both with their respective aura. This place, the culture and the people can make you feel like you are home. Goa is a popular tourist destination, with tourists from all over the world investing in holiday homes that make the area a good rental location for both domestic and foreign tourists. As a result of the recent developments, Goa has also become a popular investment destination for individuals interested in staying and investing and is also considered as a retirement destination by many people. 

Amidst all of these, there is an increasing number of Luxury Real Estate in Goa that caters to tourists looking for second homes.  

International tourists staying in Goa tend to rent vacation properties since they can stay longer. In addition, the hotels in Goa are sometimes unable to cope with the huge influx of visitors the state experiences during the peak season. Thus, holiday homes in Goa offer a flexible tourist option as well as one for long-term visitors.

Investing in a luxury villa is a smarter choice as villas are more like a combination between an investment in a plot and an apartment. This suggests that you can invest in an independent estate in Goa, with the utmost privacy without the hassle and costs of owning or constructing a house. Most of the luxury properties with the best of amenities are located in North Goa. Luxury homes in North Goa are close to all the party areas, the most sought after beaches, restaurants, educational facilities and medical centers in Goa. One of the top developers in Goa is Riviera property developers providing state of the art properties with all the latest and modern amenities while still maintaining the feel and culture of Goa.

Why is investing in Goa a wise decision?

Goa has extremely diverse cultures living in pure harmony here. The peace and love amongst the residents of Goa add even more to its beauty. Investing in a luxurious property in Goa definitely restores and stimulates one’s brain to live in peace and harmony with people from all across the globe.

Goa offers luxurious properties at reasonable prices compared to that in Metropolitan cities. Luxurious properties by Riveira like the Rivera Gardenia situated at Revora in North Goa is only 12  km away from the bustling city of Mapusa, Goa. It is an elegant property built keeping in mind the feel of Portuguese- Goan style luxury villas in Goa, and one must definitely think about investing in it as Riveira are Premium Estate Builders in North Goa

Goa offers an equitable return on investment. One can always rent out their properties when vacant, in order to get the best return. As tourism in Goa is high throughout the year, there are very high chances of national and international tourists to be finding luxurious properties to rent out during their stay so that they can enjoy a longer vacation here in the beautiful state of Goa.