Luxury Real Estate Investment Destinations In Goa

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Lincoln Bennet Rodrigues, Founder and Chairman, Bennet & Bernard Group, Goa Goa is a whole mood and perfect getaway when you are in need of a break from life’s grind. The unparalleled beauty and rustic charm of this small state has the power to lure people from all over the world. You get to witness the perfect mix of European and Goan culture right from cuisine to art and architecture of the sunshine state. Goa’s landmarks like cathedrals and basilicas are testimony to the rich culture and heritage reflected in every nook and corner. Which are the best locations in Goa to buy luxury vacation homes The state, which is home to beautiful beaches in the country, is vibrant and serene and has a strong economic environment that makes it an attractive investment destination for investors who are especially looking to buy a holiday or second home. And among are Assagao and Siolim, peaceful areas tucked away in serenity while being accessible to popular beaches and sites. The luxury second home market in Goa is expected to see a fillip also because end-users at the top of the pyramid are impacted marginally and their benchmarks of sophistication have remained the same. The luxury segment has made giant strides in transforming and keeping pace with the rising expectations of the well-heeled and well-travelled in terms of global standards of luxury, comfort and avant-garde lifestyle. Increasingly, more Indians are joining the ranks of the wealthy and are a significant part of the market for luxury homes. The growing class of the affluent like HNI’s and NRIs are increasingly investing here to stay close to nature. The reasons for popularity of Assagao Assagao in Goa is a much sought-after location for luxury holiday homes due to multiple advantages ranging from culture and architecture to accessibility. The connectivity that Assagao has to other towns like Mapusa, Parra and Vagator makes it an ideal location to buy a holiday home. Accessible to towns, beaches and popular restaurants, Assagao, better known as the ‘village of luxury’, is a quaint place in North Goa, surrounded by churches, Portuguese villas and lush fields and hills. This popular holiday home destination exudes charm, heritage and modernity. People from different parts of the country are attracted to its colourful mansions and merge with its magic and serenity. Located between the beaches of South Goa and the nightlife of Baga, Assagao is accessible to upscale retreats and restaurants. Situated in Bardez, Assagao is also connected to National Highway 66 that is linked to Mumbai and Kochi. The USPs of Siolim Close to Assagao, Siolim too is an attractive location that has become a real estate destination. People from metro cities look for a holiday home here given its uniqueness and accessibility to important places like Mapusa, Panaji and other cities and towns. Siolim is a tranquil corner in Bardez - a typical Goan village. It boasts of an inland location, away from the tourist frenzy, and is a great place to buy a luxury villa. In Siolim, you can explore beautiful walkways along river Chapora or take a stroll along the village’s pristine lanes that are dotted by colonial-era homes. A grand landmark - the St. Anthony’s Church lies in the heart of Siolim. In recent times, there has been an increase in enquiries for luxury villas and properties in Assagao, and Siolim, both of which promise Goa's charm and natural beauty. Siolim’s location, quiet life and positive economic environment are reasons why buyers look for a luxury second home here. The future prospects of Goa’s luxury real estate Customers are now buying homes in Goa also to satiate their preference for a tranquil living experience, perfect landscape and tropical climate. Visitors to Goa are also keen to acquire a residence for vacation with the intention of spending longer periods here. Considering situations like home quarantine & lockdown, people have realized the importance of larger spaces and self-sustained communities that ensure health, hygiene and safety. Hence, the desire to have bigger spaces for the same investments would definitely shift focus from buying realty in cities to second homes in holiday destinations. Goa will definitely attract investors because of its culture, lifestyle and value for money it offers. We believe the future is strong for high value home transactions and will continue to shape and fuel the growth of the holiday homes market.