Goa has emerged as a popular destination for real estate investment in the last 20 years and there is a rising trend to purchase properties in Goa. A multitude of factors are responsible for this surge as mentioned below:
- Tourism Boom: Right from the time of its formation, Goa has been a popular getaway destination due to its natural beauty, Portuguese architecture, friendly local populace and delectable seafood. Tourism industry is the one that drives the Goan economy and also creates thousands of employment/entrepreneurial opportunities.
- The state attracts millions of domestic and international tourists every year, creating a demand for accommodations such as hotels, resorts, and vacation rentals. Investors see potential in investing in properties catering to this booming tourism market.
- Our projects at Poetree Homes are tailor-made for investment and provide a substantial returns in the form of rental income and appreciation in value.
- Second Home Destination: Goa has also become a favoured destination for individuals seeking second homes or holiday homes. Many affluent buyers from metro cities in India and abroad are investing in villas, apartments, and luxury homes in Goa to escape the hustle and bustle of city life and enjoy a laid-back lifestyle by the sea.
- Our project 82 Ocean Crest at Dabolim is a perfect address to call your second home due to its resort-like ambience, scenic vistas of the waterfront and calm, serene location.
- Infrastructure Development: The state government has been focusing on improving infrastructure, including roads, airports, and connectivity, which has further fueled real estate development. Improved infrastructure not only enhances the livability of the region but also increases its attractiveness to potential investors.
- 82 Ocean Crest is our coveted residential project that boasts of great connectivity by road, air and rail since the project is located close to Goa International Airport and Dabolim Railway Station.
- Variety of Property Options: Goa offers a diverse range of property options to investors, from beachfront villas to heritage homes in quaint villages. Whether investors are looking for high-end luxury properties or premium homes, there's something for everyone in the Goan real estate market.
- Favourable Investment Climate: The c government of Goa has introduced various policies and incentives to attract real estate investment, such as streamlined approval processes and tax benefits for developers. Additionally, the state has relatively lenient regulations for property ownership by non-residents, making it an attractive investment destination for both domestic and international buyers.
- We at Poetree Homes have taken leverage of the favourable investment background of Goa and have forayed into development of premium properties that exude a sense of class and finesse for our home-owners.
- Rental Income Potential: Properties in Goa have excellent rental income potential, especially during the peak tourist season. Investors can earn substantial returns by renting out their properties to tourists on a short-term basis or by leasing them to long-term tenants, such as expatriates or remote workers seeking a temporary residence in the state.
- Our project 82 Ocean Crest at Dabolim is a perfect option for real estate investment due to its superior amenities, serene surroundings and scintillating views of the waterfront.
- Stable Market Growth: The overall economy and the real estate market in Goa has witnessed a upward trend in the last decade. Goa has one of the highest GDP rates in India. This stability, coupled with the potential for high returns, makes it an appealing investment option for individuals looking to diversify their investment portfolio.
Conclusion: Goa offers lucrative opportunities for those who are looking to invest in real estate. Prudent decision-making is crucial to maximize returns in real estate.
