Goa’s beach haven has long been a holiday favourite. Bathed in sunshine for most of the year and surrounded by acres of golden sands and warm tropical waters, Goa is a chaotic clash of European and Indian cultures.
Although famous for its quiet beaches and laid-back atmosphere, Goa is a hybrid of green countryside, serene townships, and bustling bazaars. Where else would dilapidated Catholic churches sit next to Indian temples and rice paddies give way to some of the most stunning five-star beach resorts on the planet?
Where it once attracted party-goers and hedonists, drawn to beach parties and five-start facilities, paradise’s laid-back side is slowly fighting back and developers keen to take advantage of this juxtaposition of two worlds are reclaiming Goa as a tropical properties hotspot.
Developments in Goa are plentiful and property is cheap. Developments like the Braganza World Resort in Siolim offer every imaginable comfort and are built to European standards. Sympathetically built on different levels, most of the apartments and villas have sea views, allowing all owners to enjoy the natural beauty of a 1000 km coastline.
Beautifully landscaped with abundant and spacious gardens, extensive leisure facilities, restaurant and club house, the apartments are from one to four bedrooms, with air conditioning and terraces. With prices starting at just £5520, it’s easy to see why buyers flock to invest in the development.
Centrally located between Baga, Calangute and Candolim beaches, the property at the Braganza World resort promises excellent rental returns for investors. The Siolim area is very much an up and coming hot spot with fast growing western investment. This level of interest means now is the perfect time to buy. Property prices in Goa have almost doubled in the last year, underlining the excellent value for money that can be enjoyed today.
With this real estate gold rush, it is widely believed that the little land of Goa will host the next international investment boom, leading to even higher rates of capital growth.
Despite being a small piece of land of only 3,702 square kilometres, the capital growth in Goa in the last two years is estimated at about 25% per year. Capital growth over the next 5 years is expected to increase by 15-20%.
Reflecting the eclectic mix of cultures and people, Goa’s property market is equally multifaceted. In contrast to the vacation paradise of Braganza, the Township of Peace Valley is a secluded development set in 55,125 square feet. meters of lush green field. The entrance to Peace Valley is controlled by 24 hour security and each villa and apartment also benefits from CCTV and intercom connections for complete peace of mind.
Property management options at Peace Valley make it an ideal solution for busy investors. Township managers oversee the security of each home in the absence of its owner, making it the perfect rental property.
Regardless of the style of property invested in, the buy-to-let buyer will benefit from daily flights from London Heathrow and Gatwick to India. With a flight time of just 10 hours and coach transfers from the airport to the main tourist centers of Goa, Goa is an extremely accessible long-haul destination that offers incredible value for money.