Oct 302021

Top 7 Things To Consider Before Buying A Home In Goa

Top 7 Things To Consider Before Buying A Home In Goa

Living in Goa is equivalent to living in paradise. Buying your first house is exciting. A home gives one a sense of security- that there’s a roof over one’s head no matter what. As with any major purchase, buying a home requires much research, plenty of help, and unending patience. Being a homeowner is everyone’s dream but it could be intimidating and give you cold feet. While buying a home in Goa, your criteria would include finding a location that is easily accessible, has exceptional amenities and is located in a safe area.

The following tips you should definitely consider so that you can find your perfect home in Goa.

Identify your needs

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Choosing a villa or an apartment is perhaps the first big decision one needs to make. Consider what you want in a home, or more appropriately, what kind of home fits your lifestyle. If you are looking to buy a property in Goa, there are a lot of homes to go through until you find yourself the perfect fit. You can choose from living in an apartment close to the city, staying in luxury villas in Goa near the coast etc.

Once you’ve decided the kind of home you want to live in, you will need to decide on the number of bedrooms and bathrooms you would prefer; If you would like to have a balcony, a large kitchen or a garage for your car etc.

Research

After Identifying your needs and requirements for your future home, the next step is researching the market for the best property in Goa that will suit your needs. This step will be a bit time consuming but do not settle for the first one that you come across within your budget. Riviera, Goa is one of the top realtors with well-established properties in North Goa which is set to provide utmost comfort with a luxurious set-up. 

In addition, do your research on the area or location you are considering. Are there adequate transportation links, hospitals, schools, banks, and commercial areas in the area? Does the municipality or city where the property is located have the reliable infrastructure to ensure its safety?

Location

Location is a crucial factor to consider when buying a home. Cities will have more facilities nearby but will be more crowded. Homes near the countryside may be more secluded and so facilities like markets and schools will be further away.

Create a budget

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Determine the price range for you. Be aware of your financial situation and decide what kind of property you can afford. The most important of all is creating a budget and sticking to it. Once you have a budget in mind, you’ll then know what type of property in Goa you can look for and where you can afford it. 

Amenities

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Depending on your requirements you can search for homes that have amenities like swimming pools and other facilities in the property. Many of the top real estate developers in Goa offer a number of amenities included in their projects.

Finance Options

There is a high possibility that you will opt for  financing options when purchasing a home. With Goa house prices increasing, securing a low interest finance option is an important aspect to consider. Having a good history with your banker and having a good credit score helps you with lower  interest rates.

Consult an expert

The most common route to buying property in Goa or any place for that matter is to seek out a well-experienced real estate professional. Speak to a professional real estate developer with a good track record of completed projects.

Purchasing real estate in Goa is a dream for many and it can be a daunting task if you do not do your research and explore different options  before making a purchase.