Over the Years, Goa has evolved a lot from being a territory in India to a tourist destination and now a thriving place for residents to live. Particularly, the demand for new homes in North Goa has been increasing significantly in recent years. Earlier, Goa was one of the colonies of Portugal, and now it draws investors and tourists alike.

Goa is the city of beaches, and finds its name in the bucket list of every traveler. Even foreign travelers keep Goa in their itinerary. Well, coming to the real estate context, purchasing a property in North Goa can benefit you in two ways. Firstly, you can cherish the proximity to the enthralling beaches in Goa when you reside somewhere close to it. Secondly, you can rent out the properties or lease them out for a lucrative rental income. Tourists often look out for temporary accommodations in Goa. Owning a second home in North Goa would be a great way to benefit from the upscale tourism economy as well.

North Goa has got its headquarters at Panjim. The seamless connectivity to other parts of the city, as well as Mumbai defines the popularity of the properties here. Besides, you have air, land, and sea transportation facilities to all parts of the world from Goa. Thanks to the local transportation system, you can easily travel to nearby places. Moreover, you have ferryboats as a part of the water traffic to further ease up navigation. Altogether, North Goa is one of the best places to purchase a residential property in India. The population density in this part of the country is also low. The peaceful political and social ambiance further makes it suitable for residents. The crimerate in Goa is lower than Mumbai or other metro cities. The sophisticated social and commercial infrastructures in North Goa make it suitable for residents.

Residents often purchase their second homes in Goa to enjoy the vacations. Besides, you have several reputed schools and colleges around the area. A number of established healthcare organizations are also located around the city. Due to all these reasons, you can expect a good capital appreciation.

NRIs are also purchasing these properties in large numbers. They love spending their retired life in peace and calmness, away from the crowds in the cities. The excellent connectivity between this part of Goa and other places makes it ideal for purchasing a second home.