Goa is not just one of the most popular holiday destinations in the world; it’s also emerging as a real estate investment hub in the country. According to a survey, an increasing number of people are opting for a second home in the beach state, especially in the luxury segment.
There are many reasons for Goa’s rising prominence in the realty sector, including its impressive infrastructure development and expanding tourism industry. If you are looking for a luxury property in the state, would you choose a villa in Mapusa? Or a stunning 3 BHK apartment in Chicalim? Also, which are Goa’s prime real estate locations, and what makes them so? Let’s explore.
1.Anjuna Beach
Anjuna Beach in North Goa is one of the state’s most popular tourist destinations among domestic and international travellers. It has a vibrant nightlife, an array of water sports activities, and visitors throng the flea markets here. Anjuna’s thriving tourism industry is attracting homebuyers and real estate investors. You can buy a luxury property here and start a Bed and Breakfast facility or give it on rent for visiting tourists. However, it will require you to spend considerable money on maintenance.
2.Calangute
Every popular destination in Goa is associated with tourism, and Calangute is no different. Just over 15 km from Panjim, Calangute is famous for its pristine seashore, the largest in North Goa. People love the beach shacks here. They can also enjoy activities like parasailing and water skiing. Calangute also has a buzzing nightlife, which is a huge hit among visitors. Real estate investments in Calangute are lucrative, but tourism is a seasonal industry, and you might struggle to find tenants during the off-season.
3.Vasco
Located in the South-central part of Goa, Vasco is considered to be one of the biggest commercial hubs of Goa, which also makes it an ideal place for real estate investors. Vasco has many tourist attractions, including Baina Beach, San Antonio Island, and St. Andrews Church. Cruise on River Zuari is also very popular. The city also has many restaurants, pubs, and markets, which makes it a shoppers’ paradise. You can invest in a property here and turn it into a beautiful homestay facility. The only disadvantage of short-term renting is that you will have to keep finding new tenants every few days or months.
4.Colva
Colva in South Goa is also emerging as a real estate investment hotspot. A picturesque coastal village, the beach here attracts tourists from all over the world. Colva has immense historical significance; you will find relics of the Portuguese era here. Another major attraction of Colva is the Our Lady Of Mercy church, founded in 1630. Investing in a property might leave you struggling for tenants during the off-season, while you will have to continue spending on the upkeep.
5.Chicalim
How would it be if you could stay in a location that allows you to enjoy the best of North and South Goa? The answer is Chicalim, which is located in Central Goa. It boasts excellent connectivity, with the National Highway 66 just a 10-minute drive away (this highway connects Panvel in Maharashtra with Kanyakumari in Tamil Nadu). The Goa International Airport is also just 3.5 km from Chicalim. While Panjim is 26 km away and 37 km from Calangute, Fort Aguada, and Baga Beach.
The area also enjoys superb social infrastructure, including proximity to job hubs, healthcare facilities, educational institutions, and entertainment centres. Chicalim is already popular among homebuyers and investors, leading to many real estate development projects in the area. Among the most sought-after is Provident Adora De Goa from Provident Housing. A unique residential township, its concept and amenities are truly exceptional. Let’s take a look:
A Water Zone To Drown Your ‘Blu’
Provident Adora De Goa has a one-acre water zone – The Blu, which features Multiple Pools, a Sunken Bar, and a Lazy River. This water world has something for everyone in the family – Aqua Slides for the younger ones and Aqua Gyms for the older ones. It also has facilities like a Jacuzzi, a Drenching Fountain, and hold your breath – a Snorkeling Zone! The Blu is the perfect hangout with a clubhouse, private cabanas, a poolside restaurant, and decks spread around it.
Pick Your Perfect Home
These 1, 2, and 3 BHK apartments in Chicalim are available in four categories – Park Residences, Balinese Residences, East Pointe Residences, and West Pointe Residences. Each one is remarkable, with distinct features. While the beautiful red-brick buildings of Manhattan have inspired Park Residences, Balinese Residences are India’s first spa residences. East Pointe Residences & West Pointe Residences are located at the mouth of the Zuari River and the Bay, and they showcase the rich Goan heritage.
A Goan Paradise
Goa is emerging as a land of investment opportunities. So, which of these places is your favourite? Our pick would be Chicalim, which offers the best of North and South Goa. Provident Adora De Goa is not just a township; these 1, 2, and 3 BHK apartments in Chicalim will transport you to a world of exciting experiences and new adventures.
Visit the website to know more about Adora De Goa
