If you are someone interested in buying a property in Goa, then you have hit the right place. Goa is growing by leaps and bounds. There is no other location other than Goa, which can describe the boom and blast of the investment. The area is developing rapidly with steady growth and is also benefiting people who have invested in this region. You can follow this guide, which will surely help you to go ahead with your decision to buy a commercial property in Goa.
If you are planning for commercial investment in Goa, there are few things one must understand and also take care of before investing in any property. Goa is a state with modern infrastructure and excellent benefits. Due to this, people intend to invest in a property in Goa. Hence, if you are planning or investment, then you are on the right track. However, there are a few things you need to know before buying any property. Read on to find which are those things.
Search for the most suitable properties
You will find many places wherein the plots are for sale. But, you should understand your requirement and make a choice accordingly. You need to select a location first and check for properties in that particular location. Then, cull the list further depending upon your exact requirements. This will help you to find the properties that suit your requirements the best.
Do Your Due Diligence
See that the developer owns the title of the property. With ownership, the developer has the right to sell the property. If you find any plots in commercial property in Goa, see to that you find out proper details about the safety and the occupancy certificates. Also, it is always better to choose a lawyer who is specialized in real estate to check the agreement and also handles all the other aspects of your purchase.
Other things to consider:
Before signing the document, you need to know the below mentioned items.
- See to that the development of the property is as per the plan.
- Get no-objection certificates from the water department, electricity, and the land ceiling department.
- See that no legal encumbrances are related to the property.
- Approval of property loan.
Benefits of buying a commercial property in Goa
- Highest return amount
- Land appreciation
- Assured rental
- Great investment option
This guide will surely help you to make a proper purchase if followed carefully. Once you get the possession, see to that you register the sales deed. Few things one must consider when looking to invest in any commercial property in Goa are mentioned above. If you choose wisely, you can rest assured knowing that you have made the right decision in property investment. Keep this all in mind when looking for the best property in Goa.
Check out some of our properties listed on www.citihomesgoa.com and villas listed on www.hotgoavillas.com
Purchasing a “Dream House” is one of those achievements which is in the bucket list of all.
Whether you’re looking for a modernized urban loft or a spacious suburban home, most of us are looking to find a house that looks like it was designed especially for our family.
Nonetheless, it comes with different requirements to hunt for your dream home than any other real estate purchase. Whilst the total number of rooms, state of the kitchen and the size of the yard are some of the crucial factors before you make an offer, there are other things to think about. Take these factors into account.
Fix a budget
Before you step into buying a property, analyze whether the property is within your budget. One must also ask for the closing cost of the ownership to the builder. Purchasing a house involves taking a good amount of loan, accompanied by the monthly installments from your income; hence you need to be careful.
Check the agreement carefully. The Agreement includes the cost of utilities like electricity, water, parking space, and other taxes. Ask the builder about the possession date.
Check for your Neighborhood
Whenever you plan to buy a house for your family, it is always essential choosing a place which has a healthy surrounding. The buyer should inquire about the neighborhood. You need to also look for facilities like parks, walking trails for your children. Check whether the property is in a safe area to ensure the safety of your dear ones. Also, see to that various educational institutions and hospitals are in near vicinity.
Availability of Loan
In most of the cases, the investors face few financial issues in finding the craved property. You need to create a list of banks those finance the project. Many finance institutions and banks tend to deny loan for builders having bad reputation. Hence it is crucial to check which banks are ready to fund the projects you are looking to invest.
Age of the Property
Check for the leakage in the plumbing system, the functioning of the electrical system. See to that you inspect the property before finalizing to buy it. See to its maintenance and renovations before you sign the agreement. You need to also check for the total cost of fixing the cracks or the renovation work you would do after purchasing the property.
Other things to consider
- Have a clear idea about the amenities you need.
- Do proper research before buying a property.
- Also, ensure that there are no legal issues attached to the property.
- Don’t fall for dodgy schemes.
Have a clear idea about the amenities you need. Also, try to avail the maximum facilities provided by the builder. Buying a property involves much more research and investment, so before you finalize the property, have detailed information about the property. If you wish to buy a luxurious house, then you can ask for amenities like indoor and outdoor play areas, a multipurpose hall, a coffee shop, or a mini theater. There are vast numbers of property dealers whom you can contact for buying a property. Follow this guide carefully and make the daunting task of buying the property easy.
Check out some of our properties in Goa listed on www.citihomesgoa.com and villas listed on www.hotgoavillas.com