Buying a home is a decision that can get you overwhelmed with a lot of factors. Although a home is a major financial investment, it also happens to be an emotionally driven decision. There are a lot of factors that need to be considered when going in for a home, and if you are a first time home buyer, you’ll need to consider additional factors. Well, if you have already made your decision to buy your home in Goa, you need to give yourself a pat on the back as Goa ranks among the top destinations when it comes to owning a home.

It is important for every buyer to evaluate his needs based on finance before buying a home. The simple question to ask yourself is ‘What can I afford to buy’?

One can browse through various properties in different locations to get an approximate cost value for property in the market. This will help you identify your purchasing power. 

Once you realise the budget that you have set, you will need to decide what kind of home you want to go in for. Would an affordable 2 BHK apartment in Goa be something that gathers your interest or would ready to move in villas in Goa be your thing?  If you are looking for a bigger space then a 3 BHK would be ideal.

A tip to keep in mind is to look out for trusted and reliable Property Development Companies in Goa. They have vast experience in the real estate industry and will simplify the otherwise cumbersome process of home buying. 

First time home-buyers have an added advantage when it comes to finding finance in the form of home loans. However, it is advised that each of you do your due diligence and check for interest rates that lenders are able to offer, the type of loan products offered and also the incentives or grants that a lender puts forward.

The real estate location of your home plays an important role. Property value in North Goa is higher than that in the south. Other important aspects of location are things like proximity to cities, public transport systems, shopping markets, malls, theatres and so on. It is interesting to note that 2 and 3 bhk Villas in North Goa are in great demand, with builders selling out units during ‘under-construction’ phase itself.

Goa is peaceful and calm, the weather does not hit extremes, pollution levels are in check, and there is a lot of greenery around; it will always remain a place for anyone to invest in their dream home.

Also Read: 5 Mistakes to Avoid When Buying an Apartment in Goa