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Bright sunny days, fantastic
sandy beaches, wonderful cuisine to be savoured, friendly
locals, low prices and direct flights from the U.K. are all
part of Goa's attraction today as a holiday destination and
a Real estate investment oppurtunity. Goa Real Estate
is being considered by many today.
Goa borders the clear waters
of the Arabian sea with an enviable coastline stretching over
130 kilometres from North to South. Goa is divided into two
areas each with their own distinct appeal. This tiny, gentle
Indian state is a far cry from the usual notion of what India
is all about. Indeed, many first time visitors believe Goa
to be an island. An understandable mistake, as this small
state is encircled by mountains, rivers and estuaries which
effectively separate it from the rest of India. Investment
in Goa Real Estate therefore benefits from the above
features
Goan food is truly wonderful.
With it's Portuguese and Indian influences, it would be impossible
to describe the fragrant and delicately spiced dishes on offer,
dining out is truly a memorable experience. Renowned for seafood,
the ocean in this part of the world is still fished the traditional
way, producing plump lobsters, giant tiger prawns, pomfret
and kingfish, generally barbecued in tandoori ovens only hours
after leaving the sea. The Kingfisher beers served ice-cold,
together with the local liquor certainly hit the spot. You
will be pleasantly surprised to find that wherever you dine,
you meal will not cost more than £6 per head. The cost
of living factor is a major reason for the current boom in
Goa Real Estate
The magnificent beaches are
unbelievable, with their fine yellow sand and a backdrop of
coconut trees. Whether in Tiracol to the north with its Fort,
the heart of North Goa from Arpora / Baga through to Calangute
/ Candolim, or in the quieter south, the beaches are spectacular.
There is nothing more relaxing than walking along the sand
barefoot early in the morning when the fishermen are bringing
in their catch, or in the late afternoon when the wonderful
warm light radiates beauty...the sunsets are simply irresistible.
Investors in Goa Real Estate are surely attracted by these
features.
As you may be aware, Goa is
a beautiful city in India with lots of beaches, it is a safe
place to holiday / live, and cost of living is very cheap.
Goa is a very popular tourist destination, and real estate
is appreciating. Safety is another reason for the rapid increase
in investment in Goa Real Estate.
Global investors are rushing to invest in Goa. Five years
ago, the Indian property market was one that went right under
the overseas investors' radar. A build quality that was variable
at best, poor infrastructure, economic uncertainty and a host
of regulations to restrict non-Indian buyers were among the
reasons that most property hunters looked elsewhere, despite
temptingly low prices. There has been a sea change among buyers
looking for a perfect holiday home due, in part, to the fact
that even beachside properties still sell for what seems like
silly money compared with Europe and Asia. Comparitive cost
of Goa Real Estate both commercial and Residential has been
another reason to attract investors.
In Goa, which has a British
expat community of about 5,000 and a growing number of British
buyers, it is possible to pick up a two-bedroom apartment
for less than pounds 30,000, Compared to Phuket, Thailand,
where a beachside apartment is currently on sale for pounds
190,000, or the Costa del Sol, where pounds 150,000 might
be a realistic figure, it's a steal. Yet the real boost to
the Indian housing market, and what could lead to a relaxation
in the country's protectionist property laws, has been the
influx of multinational companies and their money Old Goan
houses, particularly in North Goa, with high ceilings, wooden
beams and old-style brass-work have an attractive heritage
look. Buyers retrofit them and upgrade them with modcons.
Renovation of old properties
is, however, one of many options. Because of the stringent
coastal regulation zone rules (no further construction within
500 metre from the beach can be made without prior permission)
and the tourist rush, property buyers now prefer village homesteads
which are away from the beaches, but within driving range.
- Safe and peaceful holiday destination
- Low crime rates
- Clean and green with scenic beauty and
sunny beaches
- English spoken widely;
- No urban hassles, traffic, pollution
- Costs of ownership including council -
taxes, stamp duty, land registry expenses etc. are lower
in Goa than in other parts of India.
- Quality healthcare at a fraction of costs,
overseas.
So make the best use of this oppurtunity
and Invest in Goa Real Estate !
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