Why should you invest in Goa?
Goa, the party capital flourishes in the tourism sector and provides countless job opportunities. Not many will realise that Goa is slowly evolving into a booming real estate market place. With the government taking aggressive actions to bring Goa into the top 25 startup destinations in Asia, down the lane you are sure to witness several startups leading to research and employment.
Goa undoubtedly attracts numerous NRI investors as they invest in properties for a couple of reasons. One being attracted towards the land and sensing the potential of the booming tourism industry. The land attracts millions of tourist all year round from all parts of the world.
While hotels struggle to accommodate the number of tourists, the trend in vacation stay is slowly evolving. People now prefer to have a more private space, comfort, luxury, security and personalisation. This brings about a major revolution in the rental market which is a boon for both the owner and the management company.
Renting villas at short term rentals is an added advantage for villa owners as they get to earn returns from the investment. The management company maintains the villa with luxury amenities including housekeeping, security, caretaker and more. One should also keep an extra eye on multiple factors like connectivity, location, feedback of customers and legitimacy as these play a major role in the returns that you will get.
Popular type of houses in Goa:
Portuguese style villas
Standalone villas in a community
High rise apartments
Bungalows
Penthouses