Source: APN News (https://bit.ly/4dhJ9C6)

Goa, India’s coastal state, is a popular holiday home investment destination due to its beautiful beaches, clear blue waters, sunshine, balmy weather, and lush green fields. The state’s rich cultural heritage, Portuguese-influenced architecture, delicious food, nightlife, flea markets, water sports, and carnivals attract both domestic and international investors.

In the Eleventh Finance Commission of India, Goa is rated as the best-placed state due to its advanced infrastructure, and according to the National Commission on Population, Goa offers the best quality of life in the country (based on the commission’s “12 Indicators”). The quality of life in this state is also very high, as it comes in the number two position across India in the latest Human Development Index (HDI).

A haven of motivational lifestyle

The people of Goa are known for their warmth and hospitality, making it easy for newcomers to feel at home. Goa’s relaxed and laid-back pace encourages work-life balance and outdoor activities like beach exploration, yoga, and meditation. Millennials, who have exposure to global lifestyles, are major holiday home buyers and seek luxury living in Goa. Themed holiday homes featuring English, Mauritian, French, Portuguese, or Balinese homes are also in high demand. These homes are appreciated for their architecture and aesthetics.

Goa, a state with beaches and quieter areas like Assagao, Siolim, Saligao, Diwar and Chandor, offers a variety of housing options, including studio apartments, builder projects, independent villas, and beach houses. With millennials and younger families making a beeline for Goa, the state caters to all budgets. It offers a healthier lifestyle with clean air, open green spaces, and a therapeutic sea breeze. Its accessibility from major Indian cities and foreign countries, including North and South Goa, is a major factor in its popularity. With a cosmopolitan population, Goa is a great choice for professionals, business tycoons, artists, and designers.

For a blissful retreat

Goa offers a mix of rural and urban living options, making it an ideal post-retirement destination. Living in Goa can be simply rustic or opulent, with options for both. Enjoying a day at a local shack or a luxury car can be as enjoyable as driving a luxury car and enjoying a sunset at a seaside restaurant.

Key Takeaways

Goa, a coastal paradise known for its scenic beaches, vibrant culture, and Portuguese architecture, is becoming a popular holiday home destination due to its diverse property options, attractive rental yields, infrastructure-driven property appreciation, and growing fractional ownership trend. With impressive annual returns and competitive real estate prices, Goa offers a profitable opportunity for holiday home investments, catering to both leisure and investment interests.