Sep 272019

Why is Location the top consideration for Real Estate Investment

Why is Location the top consideration for Real Estate Investment

Goa makes a perfect location for investment. The sea, sun and sky make life magical here in Goa. It is a paradise in itself surrounded by its natural beauty.

Location is one is the most important criteria one should keep in mind before investing in real estate. Investing in the wrong property can be an expensive mistake. Whether you are investing in a property for personal or business use, the location of that property is important and plays a crucial role.

You may end up buying the right home in the wrong location, and that is something you surely do not want to do. You can rebuild, restructure your house but you cannot move your home and hence the location should be your top-most priority before you buy a home in Goa.

Here are a few factors to keep in mind to get the location right for you to buy a villa in Goa.

  • Quality of that area

Get a good picture of the overall area. Check whether the area is clean and tidy. Take a look at the garbage management system. Pay attention whether the villa property is well maintained.

  •  Safe neighbourhood

A safe neighbourhood is when you can freely walk around, be outdoors and interact with other neighbours. No one wants to stay in and around a dangerous community. Everyone wants to feel safe in their home and for this, we are often ready to pay an extra price.

  • Distance from various proximity

The distance should be in close proximity to the hospital, supermarkets, malls, schools and colleges. Ideally speaking it should be within a few kilometres.

  • Ease of Commuting

The villa property should be close to the railway station, bus terminal and airport. The distance from public transport facilities play a vital role in the cost of the property to be invested

  • Long term property value

Properties which are extremely costly give good rental returns. This is because people who want to live in these areas cannot afford to buy these properties but can choose the various rental options. Over the long term, an investment in real estate is considered the most valuable type of investment, one with the best financial returns. You can sell the property and get a huge return on investment.

If the location is not right for you then there is no point of investing. You always look for a location from where you can connect to the entire city very easily. You should check the various villas for sale near cities in Goa where all factors are met.