Q: I am looking to buy a villa in Goa and I am confused if I should opt for a ready to move in option or an under construction property. Please suggest me some good options for villas in Goa. Thanks in advance.
Villas in Goa are of high cost since there is high demand for properties, especially those located beachside.. Many developers have built villa projects and offered in different price ranges based on the style and amenities mainly. Goa is a perfect place for buying holiday home or for second home. You can either rent out or use it as a service apartment regularly and then keep it for personal usage during your holiday stay.. It will be more profitable.
Feya Residencia is a new project launched by Pushpganga Ventures in Calangute, Goa. The project is very beautiful, with goan theme. It offers a luxurious and comfortable Goan lifestyle with a different ambiance. It offers many high-end amenities such as swimming pool, beautiful landscapes and water bodies, open sit outs, play zone with sand pit, pool side party deck, washing area for pets and cars, servant rooms and more.
Nitesh Fisher Island is a luxury villa project. If you are looking to invest a big amount of money then go for ready project. But if you want property at lower price then underconstruction will be better.. Dreamz Seaview and Dreamz Plaza are coming up too. Dremz Seaview offers 3bhk duplex units. It provides excellent seaview from apartments.
Good to know that you are keen on investing in Goa. While Goa property prices have witnessed a surge in the last decade, buying a ready to move in villa can be an expensive endeavor. Since location plays a very important role in decided the price of the villa, any ready to move in construction near the sea can be costly with developers not willing to negotiate on the price. An under construction property is always a better deal but make sure to choose the developer after thorough research. Another thing of note is that Goa’s Coastal Regulatory Zone (CRZ) guidelines have banned any construction within 500 meters from the coastal high tide line; villas located in this area demand a premium price due to their privacy quotient. Horizon land developers and Mathias Group are good local developers that may offer budget villas while go for pan India developers if you are looking at luxury villas.
The location of buying a Villa in Goa depends on the purpose of purchase. Property prices including Villas are more expensive in North Goa as compared to South Goa near Margao. Because of Goa’s tourist interest and serene beauty, a number of developers are selling villas across the state. There is no doubt that a lot of these builders use average construction material to increase their profit margins. Before buying any villa in Goa, it is recommended to check with the builder and complete all legal formalities as many cases of disputed property have been reported over the years. Heritage Exotica and Riveria Foothills in Arpora are offering good villas between 40 to 50 Lacs while you can also consider Samaraya Villas in Reis Magos which is backed by DLF. Another good developer is the Goel Ganga group which offers good value for money although the quantum of their villas is quite small as compared to others.