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
Goa real estate includes houses, apartments, and luxury villas in the North and South Goa There is growing interest for real estate properties in Goa, with Indians from all over the country, NRIs (Non-Resident Indians), PIOs (People of Indian Origin), and even foreigners planning to invest in Goan properties.Goa has a great deal of potential in properties. When it comes to investing, North Goa is more of an investment market while South Goa is slightly more affordable. If you are looking to buy a property as an investment than North Goa is the Ideal choice as it offers better rental and resale value. North Goa is popular with tourists and is better developed, it offers better returns when the property is sold or rented out.
TYPES OF PROPERTIES AVAILABLE IN GOA
Luxury villas- Owning a beautiful and luxurious home will always be a source of prestige and pride. After all, your home is a reflection of you. Buying a villa In Goa is always beneficial. You will get your own private pool in some of them terrace, manicured lawns and immense space, experience luxury living right at home. The resale value of a villa is much better. The land alone will add to the value and when you add the house, you can actually make much more than you had invested.
Portuguese properties- Houses from the Portuguese era excite buyers from around the country, these mansions or bungalows or villas from the Portuguese era are unique to the state and make a very important aspect on the culture of Goa. Owning a home with a historical past will always be a source of pride. The resale value of a Portuguese house is much better with buyers waiting to grab the opportunity of owning Portuguese properties in Goa.
Premium Apartments- Premium apartments offers many more advantages. Premium apartments are one of the best investments you can make and get higher rental and resale value. It is characterized by its spaciousness and opulent levels of comfort.
Sea view Apartments- Investing in a Sea view / River view / Field View apartments is one of the best investment strategies for investors. The view from the apartment is something that not all people get to experience. The spectacular view surely brings a soulful rhythm to people’s mind and body. The resale value of a sea view apartment compared to other apartments is always better.
Plots/Lands- When you invest in a plot you get to choose as to how you want to build your house. You are your own designer and architect as you can infuse your personality into your home. The value of a plot is likely to increase faster and also within a short span of time. A plot will not decay ever. A building not constructed properly may decay and depreciate in value, but the value of the plot will only appreciate.
Budget Apartments- As per the limited investment, the buyer should consider to buy budget homes/apartment near to Cities belt and upcoming areas where they can cash in more resale value and enjoy the house to live in.
Citihomes Realty Goa helps clients to invest in the best properties, villas or plots in Goa according to their clients’ needs and preferences. Citihomes Team provide you end to end solution for your needs before sales and post sales i.e terms of documentation work, registration, helping in setting up the things in short time to live in. They have the maximum property database in Goa for comparison. More than 1000 properties are listed for sale/purchase on their web portals www.citihomesgoa.com and villas listed on www.hotgoavillas.com . They also provide expertise assistance while making any kind of property investment.