Running Trend In The Property Market Of Goa

Goa is a very simple place when it comes to its calm and closeness with nature but when we talk about the real estate business in the state, it remains no more simple. Goa in the last decade has become the the hub for party and major holiday destination, which has rise to major real estate market in Goa.

Many Goa real  estate agents have suggested that the buyers who want to buy property in order to make an investment instead of residential purpose, prefer north goa in comparison to south goa. They offer better resale values as well as the rent is much high in this part of the state. The development is much better in the northern districts of Goa and is also preferred by the tourists. 

With Goa receiving so much attention from tourists and even from the government, the developers are having a busy time cashing on this great opportunity. The products are being sold on easier prices to the buyers. They are offering premium prices to the customers who are looking to purchase the apartments and villas eyeing for the rapid hike in prices. People are looking to start real estate projects of theirs in the coming times and cash them in with huge returns. 

The prices in Panaji for any property ranges around Rs 6000 per square foot. Land around major beaches also range about the same prices. South Goa being less expensive than the rest has the property prices of Rs 3100 per square foot. Most of the places in country with strong real estate markets have fixed prices for properties; however, Goa has flexible rates and the property prices are generally negotiable. This depends highly on location and the facilities available. The tree house accommodations in Goa are among the most popular properties here as they provide the feel of unison with nature. They have high resale value and can be a good deal whether for residential purpose or commercial one.