Goa can be considered the most popular tourist destination in India. It attracts people from all over the world and many tend to spend months in Goa. The golden beaches and unique weather make it an ideal tourist spot. Buying property in Goa is not a bad idea.
Let us see the reasons why it is so:
Tourism
Goa gets tourists all year round. It is a major industry driving the Goan economy. It is common knowledge that many people invest in residential projects in North Goa and rent it out at premium rates to tourists. This can be a good source of income as well as investment given that property in Goa will always be on demand.
Holiday Lifestyle
The beautiful beaches, lush landscapes, and unique coastal charm make Goa irresistible for most. The laid-back lifestyle allures many to stay for extended periods or visit regularly. Homestays and accommodations are always in demand. Property like 2 BHK flats in Kadamba Plateau can be worthy for oneself or a lucrative investment.
Culture
Goa’s distinct culture and lifestyle provide a great experience for visitors. The rich coastal cuisine, vibrant lifestyle, and diverse recreational experience make the stay complete and enriching. A perfect blend of urban lifestyle and old-world charm makes Goa a vacation spot that can never go wrong. Residential projects in North Goa are in demand as one can dabble in the many different indulgences that the mini-state offers. Many people choose to move to Goa or go on long staycations by choosing properties like a 1 BHK flat in Kadamba Plateau.
Infrastructure
The government is making efforts in improving the infrastructure of Goa. Better road connectivity, healthcare facilities, educational institutes, and recreational spots are boosting the attractiveness of the state. There are also efforts by the government to improve economic activity directly impacting employment opportunities. These factors make Goa an ideal destination to invest in residential projects.
Property Options
Goa has several options for residential properties to choose from. Right from luxury villas, bungalows, and luxury apartments to budget apartments one can choose a property as per their budget and taste. The new residential and commercial projects coming up in Goa are offering better amenities and facilities to lure the discerning customer. As a result, property prices will keep appreciating every year so will the rental yields.