Goa is one of the most rapidly growing coastal states in India. It has become a tourism hub with the number of local and international tourists growing exponentially every year. Goa is turning into a good investment opportunity whether one is looking for a holiday home or generating another source of revenue by renting out their properties. Many individuals also choose Goa for settling down after their retirement.
The real estate industry has become one of the largest growing sectors in Goa, and this is what makes investing in real estate in the state a smart idea. Economic development has increased the purchasing power of people. The property rates in Goa are lesser as compared to other major states and by investing in one of the fastest-growing real estate markets the investors are making sure that they will make a good profit on this purchase.
Buying a property is one of the largest expenses and biggest decisions you will ever make in your life. This is why it is important to take time to think and do proper research before choosing the right property and developer. Here are a few reasons why you should invest in a luxury villa in Goa.
Affordable Prices
As compared to the other metro cities, purchasing a property in Goa is more economical with the added bonus of having spacious rooms and a chance to live by the beach or have a scenic mountain view from your balcony. You can also purchase a villa in Goa at a cheaper rate during its launch phase. Properties in areas like Morjim, Ashvem, Siolim in North Goa while Canacona, Agonda are cheaper with the added advantage of being away from the hassle of the hectic city life.
Second Home
Many people desire a calm and serene place to spend their holidays or have a quiet and peaceful place to settle in after retirement. Villas provide ample comfort as they are usually spread out horizontally and have their own space around the house. A luxury villa in Goa not only provides a fantastic getaway space but will also be an investment that will give a higher ROI.
Return On Investment
Villas in Goa provide a sizable return on investment. People are always looking for luxurious spaces to host small get-togethers or host private parties. Renting out your villa will ensure a good ROI when you aren’t using it. The return on your investment is largely dependent on the location you select, that’s why it is important to consider the area before going ahead with your decision.
Lifestyle Choice
Whether you want to live in a calm serene place or go out and party or choose both, all these choices are available. The villas located in the outskirts of Goa are family-friendly, pollution-free and are peaceful. One can wake up to the sound of birds chirping, take a stroll in the gardens or read the daily newspapers on the front porch. While on the other hand, the main city offers a more sociable living environment. Villas located in bustling areas, mostly along the beach belt, are where happening places such as nightclubs, pubs, flea markets, restaurants, beaches, malls, multiplex and so on exist.
If you can increase your budget slightly then you can experience the best of both worlds by investing in villa projects in North Goa.
Environmentally Friendly
There is very little air pollution in Goa as compared to the metropolitan cities. Driving through Goa, one can still see paddy fields, coconut trees, migratory birds, etc. The water bodies and beaches are not polluted. The beaches with miles of soft white sand packed with endless coconut trees offer you a slice of heaven on earth.
Still confused about choosing your dream villa? Riviera Goa is among the top real estate developer in providing premium villas in North Goa. The Elysian is one of their upcoming projects with a row of luxury villas for sale in North Goa. Nestled in the heart of North Goa, the Elysian by Riviera seeks to take you back to the charming old-world without compromising on new-aged luxury living.
Each of their 6 villas features an elegant and generously proportioned open floor plan, unique limestone-textured facade and a lanai with an outdoor sit-out overlooking a private pool and garden. Each villa comprises various amenities like customized flooring, walk-in wardrobes, a private elevator, and designer landscaping. Located in Arpora, it offers luxury living and tranquil surroundings, while being in easy reach of the beaches of North Goa.
