While North Goa continues to be a popular tourist hub, real estate investors also find lucrative projects to go for in this part of the city. Particularly, North Goa includes Sindhudurg, a place that has been lately attracting investors. Owning a property in this part of the city can fetch a decent rental income. The strategic location of Sindhudurg between Goa and Mumbai makes it a great place to purchase a property.

Owning a holiday home in such a strategic location brings you the liberty to spend your holidays in a picturesque setting. Besides, the seamless connectivity to Sasoli Village & Doda Marg makes it a great place to purchase your new property. No wonder, why real estate prices are gradually increasing in this area. Some of the reputed developers have also launched residential projects where you can purchase your second home. Whether you use these properties personally or rent them out, you would benefit from the returns.

Advantages of Buying a Second Home in Sindhudurg

Let’s find out the advantages of purchasing a second home in Sindhudurg.

Larger spaces

If you are frustrated with being cramped for space in urban city life, it’s time to embrace a change. Properties in Sindhudurg are relatively larger and come with more green spaces. This natural essence has been a defining reason for the popularity of new projects in Sindhudurg. Moreover, the residents would cherish the availability of all sorts of amenities around their homes.

Rental income

Owning a second home in Sindhudurg brings you the opportunity to put it on rent. When you are not residing in this property, simply put the property on lease to tourists or visitors. In a booming locality, the returns in terms of rent would be impressive. Even if you purchase the property on a loan, the rental income would reimburse a sizable part of your monthly EMIs.

Property price appreciation

With consistent development in infrastructure around the project, the real estate value has been increasing in Sindhudurg. Besides, the new MOPA Airport is likely to become operational soon. This will increase property prices significantly in Sindhudurg, and you can benefit from the rising property prices.

This explains why owning a holiday home in North Goa would be a great decision for investors.