Source: Financial Express ( https://bit.ly/4g5VQAy )

India’s wealthy elite are competing to acquire high-end properties in Goa as a means of enhancing their lifestyle. This trend is driving an increased demand for luxury villas, condominiums, serviced apartments, and second homes.

The coastal state of Goa is one of the biggest tourist attractions, offering a cohort of options to discerning tourists. From picturesque turquoise blue water sea beaches to idyllic Konkan environs, Goa is a tourist paradise. Its frenzy parties, welcoming social life, and wide array of food options are in sync with every type of tourists from adventure-seeking millennials to more matured corporate clienteles to multifamily get togethers.

Meanwhile the beautiful coastal state and its nearby regions on its North are also transforming into a high value second home & property market destination, as per a report. India’s wealthy and affluent are competing to own premium properties in Goa as part of their lifestyle upgrade. It is fuelling demand for luxury villas, condominiums, serviced apartments, second homes, etc.

The well-heeled comprising of c-suite executives, self-made millionaire business men, creative mavens, and family business scions are keeping no stone unturned to own a piece of premium property in the Konkan state.

Goa was already a popular leisure and holiday destination, and it was only a matter of time before it transitioned into a sought-after living destination. Much of it is primarily due to a particular change in mindset after the pandemic and the emergence of a class that had money and prioritised wellness before everything else. Moreover, it also makes a perfect investment proposition.

With its scenic coastal settings and upscale property offerings, Goa provides a unique investment opportunity that combines leisure with long-term appreciation. For someone looking to live there, it also offers a high rental yield. For clients seeking both a lifestyle haven and promising returns, Goa’s real estate hotspots, particularly in the north, are a compelling choice.