Goa, with its azure coastline, stands as an iconic location of tranquillity for many from all over the world.
Enriched by its charming fusion of Goan-Portuguese culture, hearty cuisine, and warm hospitality, Goa has sparked a lot of interest among investors eyeing a second home in Goa, whether as a personal retreat or asset diversification.
This emerging fascination is noticeable post-pandemic, as Goa becomes a top choice for second homes, extending beyond its appeal solely as a holiday destination. An increasing number of people find themselves yearning for respite from the relentless pace of metropolitan life.
In this blog post, we’ll analyse why so many people are drawn to the idea of calling Goa their second home.
1. A distinctive lifestyle:
What attracts people from around the globe to consider owning a home in Goa?
It’s the susegad way of life, the very heart and soul of Goan culture. The quintessential leisure experience is one where time moves at its own unhurried pace amidst breath-taking landscapes.
Imagine yourself strolling along sun-kissed beaches, the sand between your toes, and the salty breeze caressing your skin. Isn’t that sheer bliss?
Goa is no longer just a destination where tourists flock for a temporary escape. This coastal paradise is where one can cultivate a deeper connection with nature. It reminds us to slow down, savour every moment, and find joy in life’s simple pleasures.
2. Renting:
A notable advantage of possessing a second home in Goa is the possibility of income generation through rentals.
Platforms like Airbnb have streamlined the process, giving homeowners a seamless avenue to monetise their properties while still enjoying the flexibility to use them for personal getaways.
Given Goa’s enduring status as a prime hotspot for both domestic and international tourists, the demand for short-term accommodations remains solid year-round, ensuring a consistent influx of revenue for the property owners in Goa.
Thus, Goa not only promises an unparalleled quality of life but also presents fertile ground for transforming your second home in Goa into a profitable investment.
3. Low Investment, High Returns:
When it comes to real estate, Goa offers excellent value for money compared to other renowned parts of India.
The acquisition costs of properties in Goa are relatively lower, making it an enticing option for those wishing to invest in a second home in Goa without overstretching their finances.
Furthermore, the potential for high returns on investment (ROI) in Goa cannot be ignored. With tourism flourishing and infrastructure development accelerating, property values in Goa are expected to appreciate steadily over time, offering homeowners a promising investment opportunity in Goa.
4. Peaceful yet Developed:
While its magnificent coastline and hillscape call for serenity, Goa is also well-equipped with all the necessary amenities for comfortable living.
From healthcare facilities and educational institutions to bustling markets and vibrant nightlife, and with the inauguration of the MOPA Airport, which has made connectivity to and from Goa a breeze. On top of that, following the rise of remote work opportunities, you can now work from Goa, blurring the lines between profession and leisure.
Whether you are seeking solitude or socialisation, Goa offers the best of both worlds.
But that’s not all. For arts enthusiasts, Goa’s rich cultural scene provides a lot of galleries, theatres, and performance spaces that foster creativity and self-expression. With all these incredible offerings, it is hard not to envision a second home in Goa.
The magnetic appeal of Goa as a secondary abode destination certainly cannot be overlooked. The true essence of susegad is witnessed in everyday Goan living, while the rental income possibilities, combined with the affordable investments, make it the preferred destination for anyone who wants to seek refuge from the frantic pace of urban existence.
Overall, Goa makes it to the list of the most highly recommended tourist spots in the world, but does it check all the boxes to be your perfect second home? Without a doubt, it is a yes!
If you’re looking to buy a new home in Goa, Vaastu Estate Developers has you covered. Discover our upcoming project, Hanging Garden, and find the perfect investment opportunity waiting for you.
