Kasu luxury real estate developer

Looking To Invest In Goa? Definitely Anjuna !

By sanjit Posted 11-05-2018 Architecture

Introduction 

Anjuna is a sizeable village located on the coast of North Goa that has been famous for decades now. The popularity of the beaches of Anjuna surged because of its discovery by the hippies during the 60's, then slowly over the years, transforming itself into a commercial haven for tourists and locals alike.

Anjuna is a diverse investment destination because of the lifestyle value it holds for many homebuyers. It is an attractive place to invest and reside because it offers its owners a well-balanced blend of cosmopolitan lifestyle experience and Goan-Portuguese heritage. Additionally, Anjuna is perfectly situated in the heart of North Goa, with the best access to all the entertainment hubs in the state.

Key Takeaways

The Real Estate Boom in North Goa's Anjuna

North Goa, with emphasis on Anjuna, is witnessing a lot of action due to increasing customer demand and is quite popular with investors due to its resorts, beaches, malls, and nightlife. As far as real estate in the state is concerned, Anjuna has been the preference for people looking to own a home in Goa, mainly due to the price appreciation factor and strong resale value in the property market. Investors' desire to stay close to nature, which is unique to Goa, has been driving land prices up steadily over the years.

For those seeking premium properties in this vibrant locale, Kasu Homes offers a curated selection of luxury villas in Anjuna and across North Goa. With a focus on quality construction and strategic locations, Kasu Homes helps investors find their perfect second home or investment property in Goa's most sought-after areas.

High Rental Returns: A Lucrative Investment Opportunity

“Vacation or second homes provide ideal rental income opportunities and also becomes a long-term asset as its value increases over time” — DECCAN HERALD

Residential rental returns in T1 and T2 cities in India vary between 2-3%; however, vacation rental returns in north Goa have been seen to be much higher at 8-12%.

If you’re evaluating Goa’s long-term real estate potential, our detailed guide on why investing in Goa real estate offers high returns and steady growth is a must-read.

Growing Tourism Fuels Goa's Second-Home Market

According to PropTiger.com, Goa is one of India's most popular tourist destinations. In 2014-15, the state attracted 3.54 million tourists, of which 0.51 million were foreign tourists. With its tranquil charm and party tag, Goa is seen as a prime destination, and it is these very traits that are giving shape to the second-home real estate market within Goa.

Why Holiday Homes in Goa Make Financial Sense

“What makes Goa an attractive real estate bet? Since Goa is a preferred holiday destination among national and international tourists, Goa receives several tourists every year. Most of the foreign tourists who come to Goa stay for longer periods, thus renting a holiday home is an obvious choice for them. Additionally, hotels of Goa at times are unable to accommodate the huge influx the state sees during the peak season. Thereby, holiday homes become the alternative for tourists both for long stay and flexibility which they offer” — FINANCIAL EXPRESS

Whether you're a first-time investor or looking to expand your real estate portfolio, Kasu Homes provides access to premium properties that promise excellent returns and lifestyle benefits in Goa's most desirable locations.

Conclusion

Anjuna is the top property market where one can effectively and securely invest in real estate in North Goa. Its natural beauty, cultural charm, and great financial returns make it a perfect combination. The rentals of 8-12%, which are much higher than in metro cities, along with the steady increase in prices due to the growing tourism trend, make Anjuna a superb choice for those investing in second homes and wanting to enjoy both lifestyle benefits and wealth creation for the future.

FAQs

What is the average rental yield in Anjuna?

Anjuna properties bring in 8-12% of rental returns, which is more than four times the 2-3% in major Indian cities.

Why invest in Anjuna over other Goa locations?

With Anjuna, you have a better location, more than 20% price appreciation per year, great resale value, and proximity to the nightclub and beach of North Goa.

Who typically buys holiday homes in Anjuna?

The main buyers of holiday homes in Anjuna are investors looking for rental income, families desiring second homes, retirees, and NRIs wanting vacation properties.

What factors contribute to the growth of Goa's second home market?

Strong demand is a result of high tourist footfall, limited hotel capacity during the peak seasons, and a preference for long-stay vacation rentals.

Should I place my money in Anjuna now?

Definitely, as Anjuna keeps on looking like a great chance to invest due to increasing tourism, high rental yields, and stable price growth.

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Enquire now