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Goa, a picturesque state in the Konkan region of Southwest India, spans 3,702 square kilometers and is home to approximately 15.7 lakh residents. It shares borders with Maharashtra and Karnataka and draws many international and domestic tourists annually.

Renowned for its pristine beaches and places of worship, Goa's sunny climate and vibrant lifestyle have always been a major draw for visitors. The state has top attractions such as Fort Aguada, Dudhsagar Waterfalls, Chapora Fort, Basilica of Bom Jesus, and Divar Island.

Why Invest in Goa?

Investing in real estate in Goa offers stunning beaches and a rich cultural heritage and promises excellent rental returns and a serene, relaxed lifestyle. The region is known for its luxury living options and top-notch amenities provided by real estate developers. Short-term rental companies like Airbnb make maximum profit from Goa in the country.

Moreover, with increased company offices, factories, and entrepreneurial ventures, investing in properties in Goa also opens doors to numerous employment opportunities.

Why Buy Flats/Apartments in Goa?

Investing in property in Goa is a worthwhile endeavor. While the initial property rates may be high, the returns on investment can be surprisingly lucrative. The real estate market in Goa is thriving due to its popularity as a tourist destination. Additionally, owning property in Goa is often viewed as a status symbol.

Investment trend in Goa

Goa has emerged as one of the top favorable investment destinations in the country, and it is always eye-catching for investors and home buyers. You will get many options in flats, apartments, and open lands with different price rates. The price rates for properties will exceed 27-30% as per MOPA reports, and the rental returns are approximately 13-16% on a yearly basis.

Sqft Price for top 9 areas

Here is the average sq ft price rate trend for the top 9 areas in Goa:

Neighborhoods Price per sq ft
Salcete Rs 5,080
Chicalim Rs 8,200
Aldona Rs 4,800
Mapusa Rs 5,340
Siolim Rs 6,900
Candolim Rs 8,600
Bainguinim Rs 5,600
Carambolim Rs 5,690
Carambolim Rs 5,259

Disclaimer: The prices mentioned above are taken from many sources and do not reflect the actual price rate for these specific locations in Goa.

Goa's Real Estate Landscape

Goa's real estate market provides many choices, from opulent villas to high-end apartments crafted by esteemed builders. These properties have world-class amenities such as ample parking, excellent social and physical infrastructure, and seamless connectivity to various parts of the city. Unsurprisingly, these options are highly sought after by both investors and homebuyers.

South Goa

South Goa, comprising areas like Dharbandora, Sanguem, Quepem, Canacona, and Salcete, is renowned for its stunning natural landscapes, including beautiful beaches, hill stations, and waterfalls.

Top real estate developers like Prekh Buildcon, Shree Maa Gayatri Constructive Private Limited, Provident Housing Limited, and others contribute significantly to this region. Notable investment options include Casa De Nagoa, Arjun Solitaire Homes, Jamsons Harmony, and more.

North Goa

North Goa, featuring areas like Panaji, Siolim, Bardez, Arpora, Reis Magos, and more, is the vibrant neighbor of South Goa, known for its popular restaurants, clubs, markets, and various attractions.

In this region, esteemed real estate developers such as Ashray Real Estate Developers, Milroc Good Earth Developers, and Saldanha Developers are actively engaged. Noteworthy property investment options include Raj Enclave, Casa De Vida, Models Evora, and more.

FAQs

What are the top apartment locations in Goa?

What are affordable flats options in Goa?

What are luxury flat options in Goa?

What are the price trends of flats in Goa?

The Return on Investment (ROI) in Goa is on an upward trend. According to reports from MOPA, property price rates are projected to increase by over 27-30%. Additionally, rental returns are estimated to be around 13-16% annually.

Who are the best builders in Goa?

What are the amenities checklists for flats in Goa?

  • Enough parking space.
  • Proper sanitation system.
  • Top-class security system.
  • Green surroundings.
  • Lawn area.

What are the upcoming projects in Goa?

  • Kayji Splendour
  • Gonex Casa De Fresco
  • Veera Prestige
  • Casa De Nagoa

What are the investment tips for Goa?

  • Check the previous projects of the developers.
  • Have 2-3 investment options with you
  • Visit the location and the actual site before investing in one.
  • Analyze your budget and the location of the property well enough.

What are the names of the flats in Goa with modern amenities?

  • Sattva Water's Edge
  • Malhan Malaysian Twins
  • Pereira Sandele
  • Niche Sky Waters

How many 1 BHKs are available in Goa?

There are 31 1 BHKs available in Goa.

How much does a 1 BHK cost in Goa?

The average price of 1 BHK in Goa is ₹30 Lac - ₹68 Lac.

What is the average size of a 1 BHK in Goa?

The average size of 1 BHK in Goa is 530.34 sq - 739.48 sq.

What is the rent of a 1 BHK in Goa?

The rent of a 1 BHK in Goa is ₹9,476 - ₹25,000.

How many 2 BHKs are available in Goa?

There are 33 3 BHKs available in Goa.

What is the average size of a 2 BHK in Goa?

The average size of 2 BHK in Goa is 659 sqft - 1100.07 sqft.

What is the rent of a 2 BHK in Goa?

The rent of a 2 BHK in Goa is ₹15,000 - ₹35,000.

How much does a 2 BHK cost in Goa?

The average price of 2 BHK in Goa is ₹45 Lac - ₹1.04 Cr.

How many 3 BHKs are available in Goa?

There are 11 3 BHKs available in Goa.

How much does a 3 BHK cost in Goa?

The average price of 3 BHK in Goa is ₹71.4 Lac - ₹1.95 Cr.

What is the average size of a 3 BHK in Goa?

The 3 BHKs in Goa are available in the average size of 1100.07 sqft. - 1302 sqft.

What is the rent of a 3 BHK in Goa?

The rent of a 3 BHK in Goa is ₹21,100 - ₹62,700.

How many 4 BHKs are available in Goa?

There are 1 4 BHKs available in Goa.

How much does a 4 BHK cost in Goa?

The average price of 4 BHK in Goa is ₹1.18 Cr - ₹7 Cr.

What is the average size of a 4 BHK in Goa?

The 4 BHKs in Goa are available in the average size of 1130 sqft. - 2730 sqft.

What is the rent of a 4 BHK in Goa?

The rent of a 4 BHK in Goa is ₹51,100 - ₹82,700.

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