A recent study found that Goa is among the top choices for second homes in India.The study, which analyzed online search trends, found that there is a growing demand for villas in Goa, particularly in the Rs 1-crore plus category.
The study also found that the sweet spot for property purchase in Goa lies in the range of Rs 1-3 crore. This suggests that the market for premium properties in Goa is growing. It observed that the Covid-19 pandemic accelerated the demand for second homes in Goa, primarily because of the high rental income and long-term appreciation in property prices in Goa.
Not to our surprise it states that Goa's real estate industry is doing better than the rest of the other markets due to the state's tourism-driven economy and its laid-back lifestyle.
The study also found that Assagao, Anjuna, Porvorim, and Siolim are the most sought-after destinations for second homes in Goa. These areas are all located along the state's coastline and offer stunning beaches, lush greenery, and vibrant nightlife.
Via: Times of India
Preferred Residential Areas in Goa for buying a Second House
