Why is Goa Gaining Popularity as a Second Home Destination?

Planning a seaside Christmas and New Year vacation? Let us guess; it is destined to happen on the spectacular beaches of Goa!

If you don't already own a house in the beautiful state, chances are you'll yearn to. That's what Goa does to you. Its never-ending party spirit, fantastic beaches, local fairs, delectable eateries, and rocking nightlife are unrivalled in any other Indian holiday destination. The pandemic has also elevated this highly desirable place to the top of the list for long-term or second-home visitors. So much so that Goa property has garnered multiple headlines in the last year due to its bargain rates. During the pandemic, properties in Goa had one of the fastest price increases because of a lack of quality real estate.

Properties in Gurugram and other metropolitan cities have been at an all-time uproar and are the best investment oppportunities for settlements. However, Goa is best suited as a second home location in India, particularly for High Net-worth Individuals (HNIs), as one of the most popular tourist destinations. Because of the large number of local and foreign tourists, the state has become a game-changer in the real estate market. This is because owning a vacation property in Goa provides the pleasure of living and attracts rental earnings. Purchasing a house in Goa is considered a safe and wise investment that guarantees strong rental returns and resale value. Property in Goa may provide an average of 12-16 per cent yearly returns. Another important reason for investing in a holiday house in Goa appears to be a successful decision is the low real estate costs compared to India's main cities.

Where to invest?

If you are looking to suit your need for a second-home investment and holiday house in Goa, Tata Housing's Rio de Goa is right here for you to celebrate the essence of Goa every single day. This property, spread across beautiful terrain, embodies everything that makes Goa so unique. 2 & 3 BHK flats here offer a resort-style lifestyle complete with opulent facilities that make every day seem like a vacation. Rio De Goa is a gated community designed by the globally famous architectural firm HB Design. Located just 4 km away from Dabolim airport, this property stretches to encompass 14 towers and eight floors per tower – which introduces the unique concept of dual key residences.

A luxurious multi-level clubhouse and a central active green zone are among the amenities at Rio de Goa. Carrom, snooker, yoga deck, exercise terrace and gymnasium are some of the activities you could avail of. An open-air dining, infinity pool, pool deck, garden area, and green walks are other picturesque outdoor facilities bound to fulfil your soul.

Starting from Rs. 82 lakhs onwards, Rio de Goa is a perfect getaway to prudent investment, a healthier lifestyle and an ideal retirement haven. Allow your connection with Goa to be one of love and care, in which you give back as much as you get. Looking for properties in Goa has never been easier. The scenic locations, beaches, nightlife, and all-day-round party vibes make a compelling offer.


Posted in Business News on July 18 at 09:03 AM

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