Goa has been considered one of the best places in the country for buying property. This evergreen destination has several reasons for it to be buzzing with property buyers. The pristine beaches, its way of life, high connectivity, and development are just a few of the factors that make Goa a preferred property hub. Although there is much glamour and charm that goes into owning a property in Goa, one should play it safe and exercise caution while buying properties in Goa so as to make it a safe investment.
As a leading real estate company in Goa, it is our responsibility to bring to you some of the best creative tips to keep in mind before settling on the property of your dreams. Here we go.
- Location of the property – Although Goa may be referred to as a small state, when it comes to the types of property available here there is a lot of diversity. A lot has also to do with where in Goa you would like to buy your property. Properties in Goa are mainly divided into those that come under North Goa and South Goa. Among the two properties, North Goa is the preferred destination to invest in property as it is well connected to the major cities in Goa, it has a high footfall of tourists, some of the most famous restaurants and nightlife joints are located here and it has an equal mix of the village and urban lifestyle. Some of the best places to invest in property in North Goa are Mapusa, Porvorim, Panjim, Miramar, Caranzalem, Assagao, Siolim, and so on. The value of the property is high here and the surroundings are simply beautiful and in close proximity to shopping centers, educational institutions, recreational spots, and so on. There are simply stunning properties developed by the top real estate developers in Goa, giving you a choice from which you can choose in these areas.
- Make sure that you comply with the necessary legal requirements – A major hassle of compliance will be taken care of when you buy a property with the most reputed real estate developers in Goa. When you deal with a good real estate company in Goa you ensure that you will ultimately meet with compliances like approvals from local authorities, title documents, or a RERA certificate from the relevant governing bodies. You can consult a civil lawyer with expertise in property buying and selling so that you can be doubly assured of making a valid and secure purchase.
- Consider how you’d be commuting around – Unlike other parts of the country, public transportation in Goa is not very cheap and neither is very well connected at all places. If you drive your own vehicle, then you are well sorted. However, if you are someone who depends on public transport then you need to consider buying a home that is well-connected to a transportation system. Fortunately, the areas in which we at Classic Squares have our properties on sale, are well connected to the best means of transportation for your effective commute.
- Consider rental income – One of the major factors based on which people buy a property built by the top real estate developers in Goa is because they fetch you high rentals. Sounds awesome, doesn’t it? Well yes, a decent 2BHK can easily fetch you a monthly rent of INR 20,000 at the least. All our projects are well located in areas that fetch higher rentals due to their proximity to the popular tourist hotspots and also since they are well connected to the major cities of Goa. Good rentals make excellent returns on investment and are an influencing factor for people to buy a home in Goa.
- The environment and the health factor – If there is something that Covid -19 has taught us is that our health must be our priority. It has also highlighted the importance of not living in overcrowded cities. This has prompted home buyers to look out for cities that are less populated and where the air and water are not polluted. Goa fits this bracket perfectly and is the reason for a spike in property purchases post the pandemic. Goa’s peaceful green environment along with an abundance of natural resources makes it the perfect place to own a home for someone who wants to lead a well-balanced life.
If you are looking to buy property in Goa, then we do hope that these points will guide you to buying your dream home in Goa. Here are some of our homes that have large living spaces and the best of amenities in gated complexes. For us the quality of your lifestyle matters and so we combine the best of designs with the highest quality of construction so that you enjoy your homes built by the best real estate developers in Goa.
