Goa Property
The Goa property market is still a hot favourite with holiday home buyers, holiday home investors, and pure investors. Goa property became so popular because it was a house (villa) in the sun and/or by the beach for a very low price. Because of its low starting point off-plan Goa property has risen in value by no less than 30% per year.
Goa Property Market
Bargain Goa property can still be found however. A massive upsurge in Goa property prices took place when the government began discussing legislation to make every piece of Goa land available for development. As Goa's builders began snapping up said land, a seller's market emerged and Goa land prices rose rapidly.
Investment Property in Goa
Off-plan units around Goa's best beaches are widely considered to be Goa investment property. When Goa became a household name in property circles, Goa was also seeing massively rising tourism figures. The all year round warm climate, gives Goa investment property great potential to earn an all year round rental income, and puts rental yields on Goa property at around the 6-8% mark.
Our Goa Property
We once had a substantial range of Goa property, but it quickly sold. Now we have one private sale in our Goa property section, but that 3 bedroom villa shows just how much Goa property prices have risen in the past year. Our current Goa property is a 3 bedroom villa in the Peace Valley Development, under a year ago those properties were being sold for about £70,000, and the one we have on now is attracting significant interest at £120,000.
As Goa's climate and beauty continues to attract increasing tourism, along with the strength of the Indian economy, Goa property will continue to rise in value at similar rates for the foreseeable future.
Featured Investment Property in Goa
The Sun Spring Resort
The Sun Spring resort is a small and exclusive development offering privacy, peace and quiet with beautiful views of the surrounding tropical countryside and unbeatable prices for your own place in the sun…
£28,000
3 Bedroom Villa Peace Valley Goa
A 3 bedroom villa on the world class peace valley resort. This is a one-off resale so anyone that wanted a peace valley villa and missed out should act fast to avoid further disappointment. The villa is on plot no21 a 276 sqm plot, with a 176.10 sqm built up area. The villa is 96.10 sqm on the ground floor, and 80sqm on the first floor…
£120,000
About David Stanley Redfern
David Stanley Redfern Ltd is an overseas property specialist, working directly with developers in more than forty countries. Most properties are exclusive to David Stanley Redfern Ltd, giving an unparalleled selection of resale and new builds. David Stanley Redfern Ltd is AIPP accredited.
Contact David Stanley Redfern
For more information on the properties available with David Stanley Redfern Ltd please make an enquiry on a particular property of choice or alternatively contact us using our contact details.
Property Investment News
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Wednesday 30th April 2008
Goa Property Still Good for Investment
Goa is not getting anywhere near the hype it was a year ago, but those that do pay attention will find that units from last year's off-plan developments, are now coming onto the secondary market, and selling for almost 50% more than they were last year…
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