Goa: A Vacation Place to go for Your Second Home Investments7404683
There are plenty written on Goa like a great place to see for a holiday on the internet and if i hear you ask someone who has visited the spot, will have good things to say about it. Having said that, tourism is booming inside the state and growing each year. Businesses in Goa rely heavily on tourism which is the highest revenue cause of the revenue with the state.
Over time, seeing this steady inflow of tourism pouring in each year has prompted many local businesses to set-up commercial as well as residential goa company to meet the need for accommodation which is witnessed each year. There has also been a transfer of the preferences of visitors holidaying in Goa looking for accommodation, while earlier many chosen over stay at an accommodation but now a day's the preference has shifted more on the peace, quiet and of holiday rentals that are mushrooming throughout the state.
The types of accommodations are fully serviced, built with housekeeping, a fully functional kitchen, chefs on requests and even more. These types of accommodations are seen around the coastal belts of Calangute, Baga, Anjuna, Vagator, and Candolim, all of these in North Goa.
This trend has created many investors looking for homes to buy this part of India. Although foreigners cannot directly purchase real estate here, they could do so by setting up a business. Indian nationals living in India and abroad have taken an interest in Goa too.
Historically, prices in Goa's real estate market have never dropped, for property prices as well as rentals. This has strengthened investor confidence to invest in Goa for steady appreciation within the value of the property that's more or less around 15% per year and also quick rental income, renting to vacationers on a weekly as well as a monthly basis. There are also companies that you will find that manage these rentals for you personally if you do not have time or are not in Goa. Rental for a year and above may be completely customized with luxurious interiors all borne through the home-owner.
