North Goa has always been in the spotlight as a well-visited tourist place in India. Once, North Goa was a hidden gem, but now everyone wants to grab a piece of it and why not? This place makes up for an excellent location to spend time in leisure and delight. This region has so much to offer besides beaches and seashores that everyone knows off. It gained popularity for its lush green fields, forest cover, and presence of various flora and fauna. The scattered water springs, refreshing fountains and hilly terrain with rivers like Mandovi, Zuari and Nerul are mesmerizing sights to behold. This region indeed looks like a scene cut straight out from a fairytale. Many tourists across the length and breadth of the country visit renowned beaches like Baga, Anjuna, Candolim and Calangute. But it is also becoming a hotspot for second homes.

Let’s look at some factors behind such a heavy demand for occupying space in picturesque North Goa:

Ideal location with suitable weather:

It is important to note that this paradise of a region is also becoming a hub for owning retirement and second homes. It could be due to the reasons mentioned earlier that North Goa attracts such a heavy investment in residential properties. The calming nature, vibrant festivals, wellness programs, nature retreats, carnivals and eco-tourism could be some of the few reasons investing in Goa is more profitable than ever. The weather in Goa all around the year is the same. The temperature mostly oscillates between 20-30 degrees Celsius, making it bearable for most people. 

Exciting Infrastructure Projects:

The upcoming and existing infrastructure projects also leverage the goal and ambition to secure a worthy space in North Goa. For example, the new MOPA International airport can be a massive game-changer in changing North Goa’s image and making it a hotspot for more tourist and tourism-based business attractions. Moreover, the infrastructural projects will shift gears in the Goan economy, bringing more money and investment from a wide range of groups and individuals. In addition, this region is also well connected to national highways and Konkan Railways, making it excellent for carrying out trade and business.

Source of High Secondary Income:

Many tourists prefer homestays or rent-out spaces over hotels while traveling in Goa. It makes having a second home- be it a cottage, an apartment or a retirement villa some of the most profit-making options for many homeowners. A resident can always lease out their property when not in use and secure the chances of earning a high secondary income. If one explores their options well and invests wisely, then the value of one’s property only increases with time. 

High-profile Dwellers:

It is also interesting to note that many celebrities from the film, business and sporting worlds own private villas and luxurious apartments for holidays and partying in North Goa. It makes many prolific people from different walks of life, like medical practitioners, retired armed-forces officers, consultants etc., secure a chance to own a property in North Goa in places like Candolim, Anjuna, Saligao etc. People associate a particular pride with having a villa in North Goa. It has become a new status symbol and marker of one’s riches, wealth, and class.

Escape from mundane city life:

Crammed, overcrowded cities, traffic and pollution directly impact one’s mood, well-being and quality of life. Many people seek refuge in their second homes in the scenic location of North Goa which gives them the humdrum of bustling city life. Many prefer working for their offices in hybrid models from their second home in Goa to cherish the panoramic view of nature without compromising on their professional work life. The pandemic also taught many people how much space and movement are significant for one’s well-being.

Hence, all the above factors are driving forces in making North Goa a thriving location to buy a second home or retirement homes whose benefits can be reaped for the long term.

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